Avid Bioservices Inc (CDMO)

[MobyInvestor]

three words ---- going concern clause

all the rest is kakapoopoo as far as institutional investors are concerned

Really? If that's all that's standing in the way then explain the lack of institutional ownership while that clause wasn't around from '04 through '07.

Dilution matters as much to institutions, if not more than a going concern clause. A hell of a lot more when the company can dilute your position by a factor of five.

Regards,

moby