Avid Bioservices Inc (CDMO)

[Protector]

HeavyDutyGeorge, we need more man like you. Unfortunately they are growing thinner ever year.

You are correct that being in PPHM with your heart is important. If we are not then PPHM investors may easily go for solutions that are very lucrative money wise but that give BP the opportunity to shelf Bavituximab for years in order to push their continuous maintenance drugs rather then cures. But then BPs have no heart at all anyways.

With a strong PPHM that only has cures and no life maintenance drugs in its portfolio we have better chances that the patients will get cures in stead of being extorted by BPs who will keep them alive and suppress suffering while holding the cure under lock. PPHMs income would depend on Bavi licenses and hence PPHM will hold terms avoiding BPs from keeping them from that income by not actively pushing Bavi on the market.

So in the end ALL OFF US carry a responsibility because ones we know about such drug it is our task to let the world know about Bavituximab and make it more difficult for BPs to brush a drug like Bavi under the carpet by smart partnerships, buy-outs or acquisitions.

You are probably among the few on this board that understand that leadership can make the difference between live and death. Technically speaking our PPHM BoD/management is also leading us through a war, one of a different nature but still a war, and the soldiers at risk are called patients, investors, employees and management itself.

As a member of the Marine Corps I think you, and a few other posters that were in the Marine Corps too, will understand better then anyone else what happens when the soldiers start undermining their commanding officers because from their limit view on the battle field they don't understand why certain decisions are taken. Also the unpopular decision must be made by someone even if it results in an almost certain death of some executing them. That is the harder part of being an officer and the harder part of being PPHM management. I will not forget that after the difficult Sept 24th 2012 events of our 2nd ln NSCLC clinical trial the BoD faced the investors at the annual. SK, Garnick and others didn't hide and mangled. That is the hard part, believe me, facing those that you impacted by your decision instead of running away, knowing that it may take months before these people will realize you did the right thing for PPHM, which the salvaging operation was!

At that level it is not a democracy, every one has the choice to join or not join, but once you joined hierarchy is clearly established. That is so for the Marine Corp and it is so for PPHM, with PPHM investors having the luxury to be able to leave by selling whenever they like, an option not available for a Marine in the middle of an operation!

Take Care.