Avid Bioservices Inc (CDMO)

[jakedogman1]

Thanks for posting the collection of SHM notes. One thing that jumped out is ES attitude when questioned about "manipulation, shorting, etc". The other thing that concerns me was mgmt did not mention the roster of institutional investors when they did the last pipe. Was Double U Master Fund a participant and if so, how much of the PIPE did they take down? It appears Double U is a British Virgin Islands fund (offshore). What regs do they have to follow? What is ES relationship to Double U? Mgmt stated that they didn't want to put the resources towards looking into any potential illegal activities. IMO the trail was pretty well marked and it wouldn't take a whole lot of effort to get to the facts. Unless you don't want to go there.