Avid Bioservices Inc (CDMO)

[jakedogman1]

I would rather go reverse split at this juncture. The value of PPHM right now depends on the results of Phase 2 and equally important, what entities can invest if the data is good. If the data is bad, it doesn't matter. If it's good but institutions can't invest because of the OTC exchange, the retail investor will not drive price.

I'm hoping for a buyout once we get decent data. If and when we get decent data, much more capital will be needed to go to the next level. This mgmt team has proven themselves to be inept from a financial perspective.

If mgmt loses the nasdaq listing, you could see a forced sale. There are too many shareholders that have had enough.