Replies to post #236108 on Avid Bioservices Inc (CDMO)

[Carboat]

The PPS kept close to one is pressure to make people vote NO out of FEAR for an RS and with the threat of the 0.85$ conversion.

You think pphm is manipulating share-price to keep it close to RS/delisting warning? If that is true expect another CA suit.

[senrex]

CP: I fear your #2 scenario.

This company's management has never been retail SH friendly. I don't believe we figure into any of their options going forward. I was around for the 1:10 RS (I think it was 1:10; I know I had 40,000 shares built up, they were reduced to a fraction of that number, and then we got shorted into the pits of hell). I was here when, at one of the quarterly conferences years ago, the CEO (not the present one -- I don't think) was asked about the corruption of SH value and he actually laughed. As I've grown into my Senior years holding this company's stock, my memory is fading; but those incidents remain crystal clear.

The #2 scenario frightens me because your last sentence under scenario #2 reads: "I don't see this option 2 as a real possibility because it would imply that while BoD works for share value they also decided the faith of the deal up-front without consulting SHs." THAT assumption would be difficult to demonstrate.

I'm here for the science and what it should produce in terms of share price; but I've always worried that, in the end, the retail SH somehow will be shafted.

If you could relieve that fear (not eliminate it -- just relieve it), I'd be grateful.

[ku]

CP, Thanks a lot. eom