Avid Bioservices Inc (CDMO)

[ststephensrevenge]

+++Proxies are usually out in August.

King better get "talking" faster if that is the case.

The pom-pom brigade is getting pounded into pudding today as the facts simply aren't cooperating with their defense of management.

To run with CP's college funding analogy...

How long should shareholders be expected to fund King’s 8 year long financial picnic at our expense while producing grades like Blutarski on the movie Animal house….(insert the PPHM stock chart during Kings tenure as CEO here) and start defending. I’ll take the other side of that debate.

It almost seems like some of Kings defenders think this shareholder exercise should operate as if we were funding UNICEF. We finally had one of our shots on goal go in the net and we expect to be rewarded in a reasonable time frame. That shouldn’t be too much to ask. Going forward alone with the Phase III isn’t an option in my opinion and it’s time to get this platform moving with a partner.

If King can’t make it happen, it is time to put a for sale sign on the company via a no vote by the shareholders.

The company did a fantastic job of reconstructing the data and I hope King comes through by the time the proxy vote comes out. However, I’m getting the sense that more and more shareholders are becoming fed up with this regimes inability to produce and the vote “for” them this time is certainly less than a given….as it should be given our current circumstances.

It’s all about accountability.