Avid Bioservices Inc (CDMO)

[Charlie Stein]

"If things don't happen soon, we need to get the technology into more capable hands."

Exactly how would "we" do that? My understanding is that the directors can nominate themselves for reelection, and that as long as they have one share cast for them, they are reelected to the board. Is this incorrect?

Besides, having once again run out of money (due to a failure of management to sell an adequate number of shares when the price was much higher), I fail to see how anyone will be able to accomplish much with the technology.