Avid Bioservices Inc (CDMO)

[pphmtoolong]

I have had my login for years. Funny how similar yours is to mine. Be that as it may. Stripped of the hostile tone the content of your message actually has some merit. It has merit in the sense that Peregrine has reached the point where partnering of Cotara and Bavi is necessary. I don't think anyone, either in Peregrine management or among us shareholders, disagrees with that. We will soon see how valuable Cotara and Bavi are. As others have noted though, waiting a little longer for the FDA assessment of the clinical trials, i.e. Bavi Phase III go ahead, may be enough to prompt a deal. It may even be lucrative enough to justify a very long wait.

Keep smiling,

Paul