Avid Bioservices Inc (CDMO)

[ku]

Biopharm, regarding BOD wanting too much money, I used the word "currently" and that is based on the position that PPHM is in at this point in time. We are short of money for our phase III and have to use ATM all the time, Doing Phase III alone is going to take years while everyone of the BPs is doing reasearch on the magic drug of their own. Doing it alone also means navigating the study through a field of sharks at each corner. Sharks being the BPs, CROs, their bribers and their lobbyists. And the saddest part is that we don't have enough money to do many studies for many many many indications like we should be doing now for the good of patients and us long time shareholders.