Avid Bioservices Inc (CDMO)

[biopharm]

Thanks for the ASM update!

We all want Bavi to succeed and be welcomed by the FDA...I believe its worked perfectly all along but we are now being asked to be patient a little longer and there are too many IST's ongoing to not have some constant news flowing our way.

We just need to remain focused on another strong year upcoming for Avid. Imaging moving forward.... and I was shocked to hear that adding a couple positions to BOD was "close".

Educated guess tells me it was all part of the partnering deal....whomever they were closest in talks with wanted 2 friendlies on the Peregrine BOD...possibly for future backing in any buyout....etc.

Overall.... Bavi works and I wanted my return on investment much sooner and I will be taking care of home financials to dig into this stock deeper and bring my average down that much more.

We were close....and its still within reach.... lets keep an eye out for when the next set of newly passed stock options get priced in at....and keep an eye on the options being purchased. IMHO....if we get close to 100,000 call contracts....then we are close to some mighty heavy material event news.

GLTA!