Avid Bioservices Inc (CDMO)

[pphmtoolong]

Well put DrRocker. I too have ingested a large dose of hopium. I like to think Peregrine has followed a "business plan" on Bavi for several years. And, the plan has reached the final make or break point. At this point dilution would be a serious setback to investor confidence, which is always paper thin for Peregrine. Peregrine really needs to partner now.

Even a Cotara deal with little cash down would be better than nothing, especially if the milestones and royalty percentages are decent.

A settlement with CSM for enough cash to forestall dilution would also keep the bears away for a while.

A very scary time. Got any hopium left in your stash?

Paul