Avid Bioservices Inc (CDMO)

[jakedogman1]

Mgmt does not want the PPHM story out until they have "earned" their options thru "milestones" and the lower the stock price when the "milestones" are achieved, the better it is for mgmt. That's the problem with them owning virtually no shares relative to the float. Likewise with the new IB on board. There is no reason to get the story out until all their clients have loaded up on cheap shares. That's why we need a provision in the option granting process that sets a floor on option prices. For example, the option price will not be lower than the previous quarters average price etc. That would end the games that mgmt has allowed to be played. If the company is making the progress it claims it has made, the stock price should reflect it. Part of mgmt's responsibility is to communicate to the investment community. Mgmt has dissed the current shareholders in order to help their new friends, institutions and BP. Have they forgotten who has kept them treading water over the last several years? I think so.