Avid Bioservices Inc (CDMO)

[jakedogman1]

I doubt anything happens pr wise until the Russell issue ends which is the end of June. According to BOT, company has to resolve financing issues and delisting issue. The question I have is can you realistically expect a nasdaq delisting extension if you're way off from compliance, ie $.40 versus say $.80 cents. What will drive the price if all you have is retail shareholders? If in fact delisting becomes a reality, I would prefer the company be put up for sale by an IB or mgmt lays out a definitive plan on how and when value will be achieved. No more "were in talks" bs. I think mgmt needs their feet held to the fire. Granted there is risk that the technology may not work. We don't need the added risk that mgmt may not succeed. We've alreadly been there, done that.