Avid Bioservices Inc (CDMO)

[senrex]

Management's R/S proposal forces all of us to "gut check" our attitude toward management: i.e. whether or not one fundamentally trusts them. They have done nothing to earn my trust and, therefore, my measly high 5 figure shares will vote no. A R/S giving them control of over 300 million shares to do with what they want removes whatever shred of influence the shareholder has remaining. It will serve us about as much as a screen door on a submarine.

There are worse things than being exiled to the Bulletin Board world. BB stocks are more easily manipulated. PPHM would prove to be the exception. It's difficult to imagine being manipulated any more than what we already have been.

Sean