Avid Bioservices Inc (CDMO)

[tech0200]

At this point the only thing I am hoping and waiting for is the sale of the company. Green and the board cannot get it done because they haven't gotten it done after all of this time. Building a new plant and expansion is a very bad move if you cannot fill the new capacity in an industry and at a time when there is
good demand. Maybe HALO will move all of their manufacturing to Avid but that obviously will not be because of anything Green at al will have done. They seem to be too comfortable drawing their fat salaries without even thinking that their stocks could be worth a lot more if they started to fill the capacity.

But that takes work, accountability of your sales team accountability to your shareholders, things that they do not appear to have. They relish in things like esg compliance and maybe DEI (don't know if they are pursuing dei but it wouldn't surprise me). Steve King was a much better CEO than Green has proven to be so far. Hoping that maybe another Steve forces a sale of the company. Steve Cohen.