Avid Bioservices Inc (CDMO)

[RRdog]

There is always "incidental" value for any company to recruit with undervalued shares. IMO am sure that all of the high quality personnel that are coming to PPHM have signed non-disclosure agreements and taken a real hard look at the data. They would be foolish to come to an unproven company with poor financial architecture without real incentive and as such I take this as multiple high quality scientific third party endorsement.

I also believe these personnel are smart enough to ask how PPHM plans to finance its burgeoning scientific program and products. I continue to be of the opinion that the "enormity of scientific achievement" will force mgmt and BOD to move to plan B and C.

All that having been said, it is now much more to mgmts adavantage to have a higher stock price --$5-10/ share. It is long past the time when they can fly under the radar and sneak up on the competition. IMO new personnel would do very well with options at $10.

Regards,
RRdog