Avid Bioservices Inc (CDMO)

[geocappy1]

I'll admit it is really boring watching pphm each day but to sit here and make conclusions about what makes sense and doesn't on such a small item without having up to date info is beyond boring. IMO just because it says the company will have to put money aside in the event something happens does not mean the lender actually made them do it. I know management is deemed to be stupid by some here but I would think if they are made to have 80% of outstanding funds in an account then they would be smart enough to pay it off. My guess is due to the aggressive paydown that they weren't made to do it. If someone thinks they are that dumb they really shouldn't own pphm.

Now one might ask should they have had to PR the info if in fact they weren't made to escrow the funds.