Avid Bioservices Inc (CDMO)

[Frustrated]

I will bet they tried going with a forced takeover with only 2 billion on the table which would have meant $20 for each PPHM share

So you want us to believe that mgmt rejected a $20 a share offer and instead sold 10% of the company at $1.75 and then offered preffered shares at $3 even though they could have had 20 dollars? This is even more far fetched than the Fargo and Roche Family conspiracies here. If true, I can see how the lawsuits against mgmt haven't been settled yet. All imo.