Avid Bioservices Inc (CDMO)

[tech0200]

It sounds like they are prepared to go another years without a partnership which doesn't look good.

Then you have this gem, our goal is to look at potential partnerships as we move forward to help fund these bigger Phase III studies that we're anticipating .
After so many years of being in talks with potential partners, they are still planning at LOOKING at POTENTIAL PARTNERSHIPS as far as getting a partner goes. Which probably means getting a partner is years away. So, if looking at partnerships is still in the future, negotiating and getting a partnership might be many years away. Or maybe, their idea of a partner is not what they have led us to think. It's more like a raider.

They obviously must think that this is the way they will make the most money while the retail investors who have believed in the science and their promises stand to lose big time.