Avid Bioservices Inc (CDMO)

[jakedogman1]

EZ,

Sorry not a basher, just a very frustrated shareholder with many shares. My frustration led me to do some research as to why the stock tanked after decent news. I researched the Russell requirements and determined the trading action was related to getting booted from the microcap index.

I want to see the stock go way up but I think that might require a change in mgmt. If we get delisted, after mgmt stated that listing was a top priority, that should be the catlyst for change. I would much prefer a reverse split and maintaining a nasdaq listing versus OTCBB. If you think there have been games played with the current listing, you're in for a rough road with OTC. Either mgmt is completely inept (in the financial mgmt of PPHM) or they are part of a plan to transfer cheap shares from retail to someone in mgmt's camp.