Replies to post #230929 on Avid Bioservices Inc (CDMO)

[jakedogman1]

I don't think the sec cares. I think the only thing that gets their attention is sadly another breach of fiduciary lawsuit. Maybe three times a charm. Perhaps join forces with the two ongoing? Maybe mgmt will get the hint. Does DP want to spend the remainder of his life in court and leave behind a sleazeball legacy?

[itsabouttime]

semper You have been a positive influence on this board. I know you are frustrated to say the least but I hope you reconsider and continue to post. Sunrise Approval will be our payment. Focus on science.

[stevedazs]

Semper, I'm in your camp. I too believe in the science but can't stand the way the BOD keeps getting these outlandish salaries and stock options. They are not deserved at this time. Not even close. If things change and us retail holders finally get some bang for our buck, then they might deserve a partial amount of what they are giving themselves now.

[tradero]

Semper, thanks for all your posts. A honest poster is a very valuable asset for this board. Wish we read again your posts very soon.
best of luck

[Protector]

semper, not correct IMO.

- What about CEO King assigning his rights of the PS-targeting Patents to PPHM rather then to UTSW (as did P. Thorpe)?

- What about ES saving the money with his cash contributions when nobody else wanted to give PPHM a loan?

I could possibly follow the reasoning for Pohl, Carlton and our CFO.

We tend to forget when they do things for PPHM. We find it normal that UTSW gets compensated for the IP rights, but NOT CEO King. remarkable.
We find it normal that a banker rips PPHM of with interests, loan recall fees, etc but not that ES provides us the cash without all those troubles as he injected it in the capital AT the moment of the HIGHEST RISK for PPHM.

I know why I stand behind this management: They stuck their necks out and provided PPHM with IP right that are crucial. Now that everything starts to come together and we have no more creditors, own our IP and pipelines 100% unencumbered and have a SUNRISE PIII trial close to approval, now we suddenly have a problem with compensation.

Believe me a FULL 8 or 12 member Bod would cost us MUCH MORE in total.

[CuresForHumanity]

Semper, August 21 - You need to be a stockholder as of close of business August 21 to vote. Preliminary look at the executive salaries, it seems like as much as almost 1/3 of the salaries are stock option based. The stock has done nothing but decrease, so the stock options granted aren't worth anything, yet. So in reality, the salaries are not as over-the-top as they first appear. The options are an incentive for executives to make the stock value increase. Ironically, by increasing share count to give as an employee incentive it is actually having the opposite effect. I'm inclined to vote no to the increase in shares and employee stock incentive - Items 3 & 4 of the proxy, until the stock price increases. I'm unsure about item 5

Shareholders need to vote IMO