Avid Bioservices Inc (CDMO)

[honestabe13]

CP.. unless they tell us why they needed 6 mil right away vs getting it through the atm at somewhat better pricing in the future, the conspiracy is that the "institutions" (if you want to call MLV one) get $400,000 in fees AND below-market price shares.. for doing what, exactly?

isn't the "what" pretty important here?

it's not unfair for shareholders to expect to know how this is supposed be working... the BOD might have a good plan, but there isn't any evidence of it at the moment since they continue to dilute off lower and lower base prices....

considering how small this transaction is on the whole scheme of things, it doesn't make an awful lot of sense to do it on the surface unless this move is just for short term operating cash till we get an expected big pop in a near-term timeframe... i'm hoping that's it, but not counting on it