Avid Bioservices Inc (CDMO)

[ysfalconeer]

Moby
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.

You can't be serious .... PPHM has MUCH more on the table now than it did then. Yes there are risks, but if that going concern clause were gone, institutions would ( or should) be a lot more eager to invest. Getting rid of the going concern clause also puts the stock under much heavier scrutiny and mgt cant dick around with the price as much as it has been doing. They can't waste more on dog and pony shows without justfying the removal of that clause -- investors are greedy but they aren't stupid.

When a company has a going concern clause it implies that they can't fully follow through with their plans because they will soon run out of cash. This creates investor caution .. why bid it up when they buy PPHM for less if the company is under pressure?

Moby,
Don't bring up ancient irrelevant history to challenge a statement, just shows how weak your logic is.