Replies to post #231207 on Avid Bioservices Inc (CDMO)

[BCS Paladin]

So now brokers will be FORCED to VOTE (not just do NOTHING) for a vote to become a YES and they can do it in absence of instruction of their owners.

Absolutely dead wrong.

The owners of the stock that has not voted in the past will not and have not let their broker act on their own.

This is absurd

[tradero]

So PPHM can LOBBY the brokers into voting in a certain direction in absence of instructions of the REAL owners. That is PERFECTLY LEGAL.

CP, thanks for your reply. However I believe that:

1. The BOARD should have ALREADY taken the necessary steps to ensure the "YES" votes, otherwise they would not have written the proxy...

2. I dont think that Lobbying the brokers would have been done so early in advance

3. I think that lobbying the brokers does NOT give them the certainty of success that they need ... I also live in Europe and also have an Interactive Brokers account... and I dont know how if "I can be completely hidden from the marker by the platform access providers" but I have always been given the opportunity to vote... So, what if all the foreigners decide to vote?

So, I am not saying that "the Family" theory is right but I am not so sure that PPHM has "lobbying the brokers" in mind