Replies to post #179952 on Avid Bioservices Inc (CDMO)

[biopharm]

I was one who hoped the ATM was off for good, since the preferred share offering surfaced.

The bottom line is this is all part of the chess match.. Peregrine believes they are worth much, much more than what may be on the table--- just like GSK vs Pfizer that we begin to see the future of immunotherapy revenues increasing like no one can imagine.

So if Peregrines stays the course and not blinking an eye.... of course the ones sitting on the other side of the table want a little more piece of the pie or could even attempt a hostile take over with the PP being forced.

Take all precautions, be full prepared to raise more money when the time is right... and hopefully any ATM use is after a partnership is announced and before/after any liver data may be released.