Avid Bioservices Inc (CDMO)

[westjtter]

Well another week of nothing from the boys and girls from Tustin. I see from their linked in profiles that everyone is still pumped about working at Avid and the hiring of new employees continues, so not sure what that means???

Perhaps as a $6 share price company, Avid can live on for years, perhaps never quite making a profit but certainly always offering the potential to do so, and having a great working environment???!! At this point, with another $10 mil in yearly financing costs going forward, when might they be able to absorb this and create enough margin for the share price to actually move higher??? Or is that not really that important???

All looks a little glum now, but before we can even take a look at this.......MAYBE THE COMPANY SHOULD GET ON WITH THE BUSINESS OF RESTATING THEIR FINANCIALS TO GET BACK IN COMPLIANCE WITH THEIR PUBLIC LISTING!???

Then maybe they could have a CC and fill us in on the screw up and perhaps announce that certain members of their legal and accounting departments have been let go.......or even better, provide details on who the new convertible debt holders are(same as the old ones???) and perhaps, and dare I hope here, have some kind of a legal option to pursue against the original holders of the convertible and/or the legal team that negotiated it??? Now seeing that I am really dreaming now, lets get crazy and perhaps say that their demand action was at the very least a set up(which allowed them to short?) and was certainly against the spirit of the financing vehicle?

Or of course they could do nothing and just let our stock price slowly decline???