Avid Bioservices Inc (CDMO)

[dia76ca]

Thanks gandolf. I particularly liked this part of your report!

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I asked Paul before the meeting why the authorized shares had not been reduced by the r/s ratio and was told that they didn't want to have to go back to the shareholders for approval every time when they started doing forward splits. I asked if there were any immediate plans to use the shares and got tap dancing, so you can read into that what ever you want.

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