Avid Bioservices Inc (CDMO)

[entdoc]

Sunstar, Roche/Genentech and PPHM are going to play this charade as long as they can. I cannot imagine cheaper human research anywhere than Peregrine and its stockholders are providing for them. We want to help cure cancer and make a profit. Roche wants to make a profit. When the lid is blown off this, PPHM will slide silently into the overarching hegemony of that corporate body (Roche), and we will be lucky to get 1 share Roche/100 PPHM. To counter that eventuality is why we are here...but the results of stockholder voting makes me think we are almost powerless to effect the price of PPHM stock favorably. They can get away with whatever difference greed vs. good taste allows, unless what they are doing is illegal AND patently immoral. In that case we stockholders might come off with a bit more profit in "hush money". We'll see. At this point I can see a break even point as worst case scenario. Cheers all. It seems our investment is safe.