Avid Bioservices Inc (CDMO)

[PhoenixRising]

Thanks for the update. Just my opinion, but when attorneys and insurance companies are involved they usually will keep filing until one side cracks. Most people who have filed an insurance claim can attest to the generally arduous task of collecting. Why would CSM want to pay out $$ without a fight? IMO,their rates go up, they may lose accreditation(?) from FDA, they could find themselves out of business. Insurance companies suck, I have first hand knowledge of protracted claim fights. I hope I'm wrong and they settle, maybe with CSM admitting no wrong doing schtick, and move on. As long as PPHM does not engage in a war of words I think it will be resolved with NO recognizable negative impact, and some $$ in the bank. If they start slinging mud, all bets are off.All IMHO! carpe diem