Replies to post #241762 on Avid Bioservices Inc (CDMO)

[InternetForumUser]

Just a clarification. that one big chunk with Dart was through the ATM.

All selling the big chunk of shares at $1.08 through the ATM shows is that Management does not see the PPS appreciating any time soon. Even with the two new trials, it is not a situation where they have to pay the entire amount at once.

They could simply have done what they have done the past few years. They were selling using the ATM regularly. Even according to one of the recent filings, they were averaging around 2.5 million shares a month.

Yes, time is money and the Patent Clock does not begin upon Sunrise Approval.. I believe only the FDA Protected Clock starts but someone else could chime in.