Avid Bioservices Inc (CDMO)

[TXDESERTFOX]

Hawking a company such as PPHM below $5 is pushing on a string. Most serious/institutional investors will not even look at a stock below $5 and many media outlets will not report on “penny stocks.” The reverse split should have occurred a year ago. Once PPHM gets above $5.00 the company will be able to enjoy the respect it deserves. Yes, even if I knew the stock would drop to $5 after a 1 for 10 reverse split, I would vote for the split because this past year of outstanding accomplishment proves we shareholders cannot prosper as a $0.75 stock with 237.1 million shares.