Avid Bioservices Inc (CDMO)

[senrex]

What really churns my blood is that the cancellation of the CS Conference was obviously a response to this development. Management lied through their teeth to us as to the reason -- and then decided to release it BEFORE market open on a Monday morning with the market already selling off.

I've always said this management is NOT retail shareholder friendly, and their handling of this situation just proves the point.

I agree with Thurly -- even if this development doesn't affect the bottom line test results, it'll be a couple of years before re-verification. And management will need to be changed. Regardless of whose fault, credibility needs to be re-established.