Avid Bioservices Inc (CDMO)

[jakedogman1]

So mgmt with the help of shelf shares can do a r/s without news to keep it from sinking, sell shelf shares to help it sink, issue a ton of cheap options and reprice old expensive options (those $.39 options). All in front of your very eyes with the help of the ES BOD.

Incentive plans are for performance as measured by share price. That is the report card for publicly traded companies. If you can't translate lab performance into share price performance, you have failed and should not be rewarded. Moreover, you should not be allowed to change you grades and allow yourself to be rewarded for future failure ie repricing of options. If options were set at a min of $1.00, all the games would stop and King would be doing his job which is getting in front of big time investors and pitching the company instead of saving rats.