Replies to post #259916 on Avid Bioservices Inc (CDMO)

[bobba_gadoosh]

Unless Peregrine management acts quickly to restore its credibility with investors, we are fast approaching another reverse split that will take us down another 50%. I saw how well the last one for five split worked. I don't want to go there again.

I personally think that it's too late for expecting anything less than an even bigger RS, and you know what they are probably saying about it? - What are any of you gonna do about it? And the answer to that is: NOTHING
All imho
GLT the Easter Bunny

[Protector]

pphmtoolong, I know you mean good here and that you are fighting for your investment and probably think Avid is the way out.

Well Avid could be but will not be. Avid will play the role it needs to play in bringing Bavituximab to the market. It will not be sold and it will not be the only remaining activity. On that front I give you on a peace of paper that NOTHING will change. Avid will be extended and Avid revenue will be used for Bavituximab.

BUT...Avid revenue, special offerings such as PPHMP and the ATM will no longer be the ONLY funding instruments. But it is not like the day after SUNRISE stop PPHM could just sign anything.