Avid Bioservices Inc (CDMO)

[Seagull2]

The fact that the options were assigned on 12/27/12 with an exercisable date of 3/27/13 suggests to me that PPHM executives believe that some very good news is coming and that PPS will be much higher at the end of March. I almost doubled my position yesterday after seeing the grants that were assigned just weeks before what I think and hope will be great news for PPHM shareholders. Everyone should buckle their seatbelt and stay patient. A company on the move needs millions to get their drugs to market. I think we have the best people on board now to get this done (Garnick, Masten and others that have come from big Pharma and joined the PPHM team in the last three years.Monday should be interesting; any pullback should be a buying opportunity.

GULL