Avid Bioservices Inc (CDMO)

[Frustrated]

Been saying for years that mgmt is inept when you are talking about AVID. It has already been proven AVID at even less than full capacity can generate 29 million. To project only 8 to 10 million this year is ridiculous. That is close to a 70% reduction in revenue. Again, why are we paying all the salaries for these people. How does the head of business sales for AVID still have a job? Where are the cost cutting measures?

Why haven't we heard anything from our head of clinical studies Garnick in who knows how long? Does he still consult here? Remember this is still a company who mysteriously starts things and then you never hear from them again. Is Carlton Johnson alive?

Pretty soon the deadline for shareholder proposals will be upon us. Lets hope we see Dart take some action. Once again a pretty pathetic CC as usual. Yeah we knew it would be bad but it is never a surprise to the good side and it is always worse than we thought. All imo.