Avid Bioservices Inc (CDMO)

[jakedogman1]

Easy answer. When mgmt has no skin in the game and they actually benefit from a low stock price as milestones are achieved, what do you expect? My biggest concern is mgmt along with their pals run this thing into the ground and get their rewards from the successor. It's a lot cheaper for BP or BB to pay $20 to $30 mil to a few execs down the road than pay all the shareholders the value of the company.

Too many games have been played as we all know. Mgmt's decision to not webcast the shareholder meeting shows the disdain for the retail shareholder. Mgmt must be asking themselves "When will these individuals holding our stock just go away?"

Look at all the events since the beginning of the year. Short interest, Russell, the no financing comment by CFO, BOT's post that a partnership deal is in the works, the Russell bogus trade, the PIPE with UU. Plot all those events against the steady stream of decent clinical/technological progress. You would think the news would have been bad. All theses things don't add up. Has mgmt acted as fudiciaries for the current shareholders? I think not. Either they're complicit or inept. Either way something needs to change.