Replies to post #263072 on Avid Bioservices Inc (CDMO)

[vinmantoo]

Your share price has cratered. You are doubtless planning a 100 for one reverse split, which will probably be followed by another share price collapse.

Paul, 1:10 or 1:20 RS is likely as a 1:100 RS is too steep even for PPHM. Now, if another RS comes down the road, then you might get to the 1:100 cumulatively.

[geocappy1]

Paul

You keep talking about slashing payroll but have we figured out how many of the employees work for Avid? I think it will surprise you. I too believe we need to operate on a shoestring until a valid plan is released. However, to keep beating the drum to slash employees without a handle on what employees are where is not quite right.