Avid Bioservices Inc (CDMO)

[skweze]

I agree that it would be unusual to put a time commitment on an impact evaluation announcement. However several posts here seemed to intimate that they did just that. For example, in your own excellent analysis, Analyze It Better 9.0:

What now!
Peregrine intends to communicate further as soon as it is able to determine the impact of this issue, in weeks not months, according private mail exchanged with at least two members of this board who posted it. [emphasis mine, i.e., sqweze] An undisclosed external body is conducting an investigation (probably the FDA). For now Peregrine advises not to rely on previous announcements. On OCT 18, 2012 Peregrine holds an annual meeting. Up to that date it is very improbable that we will receive any new news about the discrepancy case. Technically weeks not months could be 7 weeks after the SEPT 24th. That would even take us behind the OCT 18 Annual Meeting.

To me, that reads like they intend to communicate on the impact, but then it might not be verbatim quote of the referenced email. This is why I would like to see an actual transcription of the email at issue.

P.S. I'm not trying to knock management here; just looking for good trading opportunities.