Avid Bioservices Inc (CDMO)

[Frustrated]

Why would King make the statement that they would use the excess capacity to prepare for potential future commercialization? Isn' that a stupid statement?

Do you have financial statements in a 10K to back that up yet? I don't see the inventory going up.

When you say stupid statement do you mean like this is could be our year? We are in talks? Avid can support PPHM? We will not sell shelf shares at these prices? Dios has potential for 50 million? etc........

If mgmt can't find the business, then you either find someone that can or you downsize. This has a significant effect on the companies financials good and bad don't you think? Alot of people must be sitting around if the same amount of people are employed doing 75% less at AVID.
All imo.