Avid Bioservices Inc (CDMO)

[Frustrated]

The problem is not what has changed the problem is what hasn't changed!

Mgmt still can't meet its own deadlines that they announced at a conference and this isn't the first time. I think we can all say honestly we are past mid summer. Where are the updates?

The major thing that hasn't changed is mgmt and the BOD! How do you not appoint a new COB on the proxy for the second straight year! Do you know or any other company that operates like this?

Again, Do you think we would have funding issues if we appointed Dr. Garnick as COB? What possible excuse can mgmt come up for two years without a COB? It can't be performance.

I know of know other company that has kept the same CEO, CFO and BOD for over seven years with a major price decline over that long of a span. The mistakes this BOD has made are colossal and were preventable. The last major mistake was not getting rid of the going concern clause. How can you sell ATM shares and yet not get rid of the clause?