Replies to post #202681 on Avid Bioservices Inc (CDMO)

[Frustrated]

Back then it was commonly known that TCLN/PPHM was on for 10 to 15 years before anything would come out of the pipeline. Even Cramer proclaimed that at the time.

Huh? Cotara Phase 3 protocol was approved in 2003 and they stated that that they hoped to partner for Cotara SOON?

PPHM THE COMPANY THAT STATES IT HAS AN INDEPENDENT BOARD YET 75% OF THE COMPANY WHICH INCLUDES ERIC SCWARTZ, DAVID POHL AND CARLTON JOHNSON ALL SERVED ON THE PENNY STOCK COMPANY PTSC AND ALL HAVE TIES TO EACH OTHER.

PPHM THE COMPANY WHOSE CEO IN MARCH 2014 TALKED ABOUT A PARTNERSHIP COMING TO FRUITION IN UPCOMING YEAR. IT IS NOW JANUARY 15, 2015. CREDIBILITY IS AN ISUUE.

[realist1]

RE " I want it to be HUGE."

Huge being a relative term obviously.
You mean huge as possible given the destructive dilution?
Problem is that whatever your perception of huge is/was, that potential market cap converted into price per share has been drastically reduced by massive dilution. We're not talking about 10%-20%, we're talking 80+% dilution over the last ~10 years.

Based on (split adjusted) shares for the quarter ended October 31, 2004 reporting period: ( 141,545,829 / 5 = 28.3 million)
$1 billion market cap would have been equal to split adjusted PPS of ~$35.33.
That same $1 billion market cap would now be worth a PPS of ~$5.55.
That's the REALITY of massive dilution. That's an 84.3% REDUCTION in share price potential based on any given market cap and the dilution already suffered since that date. Obviously if you go back in time more the numbers get even worse.

Doing a deal to give up 50% of the rights for Bavi YEARS ago would have given the credibility to move the stock in the right direction, and provided operating cash of some amount. That way any dilutions from that point forward could have been done at a superior price which means less shares for more dollars.

People say "we don't want to trade away the rights to 50% of Bavi which could be a blockbuster platform......"
The reality is......because of dilution, you may have 100% of the rights of Bavi, BUT you've already lost 84.3% of the potential value per share.
(since end Oct 2004). Of course and unfortunately, that dilution train keeps on chugging so the numbers keep getting worse.

Use any point in time and calculate your own numbers.