Avid Bioservices Inc (CDMO)

[honestabe13]

they may not be thumbing their nose at shareholders..

another possibility is that they've been trying to recruit from a big time outfit like genentech or a BP with no success, and realized that that had fill the spot with somebody in order to move forward with some kind of partnering deal with a legitimate outfit.

what public corporation could make a potentially significant deal with an outfit without a leader?

while this certainly looks like another inside job on the buddy system, there's a possibility that filling the post was somebody's prerequisite for moving forward...i hope that's it.