Replies to post #257984 on Avid Bioservices Inc (CDMO)

[vanessapu]

Check out golfho post number 252257 ,he makes it very clear and you are on the right path, the company needs to reduce their expenses as quick as possible while increasing income to get to profitability.They need a new management team to accomplish this ,its their mind set they should go into the consultant business with their experience on what not to do.

[realist1]

RE "you assume revenue per quarter of 6 million"

No, I was using the most recent quarter to PROVE that profits are impossible even if PPHM cut R & D to ZERO.

I understand that Avid sales are supposed to increase.
Also, if Avid sales increase, costs and expenses GO UP with sales.

Point being, there's no chance of profits especially with trials in planning.

PPHM will be diluting at record lows.

Do a little math with me.
a measly $10 million will take 25,000,000 SHARES OF NEWLY ISSUED SHARES OF STOCK. You have any idea what that kind of supply will do to the stock price? The word CRUSHED comes to mind. Which means they'll need more than 25 million shares because the price will likely drop as that process of selling them takes place.

This company will survive through massive dilution as usual, BUT shareholders will be destroyed as usual as well.

Nothing changing.