Avid Bioservices Inc (CDMO)

[geocappy1]

You may recall that I am the guy who has been saying that my gut is telling me they have had a conditional deal in place for some time. it could be conditioned on several things.

It is just hard to believe that our management team all of a sudden (last two years) made all the right moves and just happenned to hire Garnick, Chaubner, Garavoy, Truc Le, etc.

I was told years ago and witnessed a few times how deals in the biotech and medical fields just don't happen over night. Their is usually an informal deal based on conditions first followed by the fulfilment of the conditions over a significant time frame. I believe they have been guided for some time now.

It could be as far back as the $55 poison pill. Why $55? Why not $15 or none at all. We were only a $1 at the time? Could be they knew the proposed future value of the company based on future conditions coming to fruition?

Time will tell.