Replies to post #270543 on Avid Bioservices Inc (CDMO)

[4OurRetirement]

Exactly, Also KeepInMind Not All NonIssuedShares Are Available...

to sell to potential buyer. PPHM must retain shares for Preferred conversion, stock options, etc., etc.

But after a RS, there would be plenty of shares to sell to interested buyer to guarantee 51% and buyer would have to supply fewer shares if part of deal was to offer 1 share to 1 share in contingent buyout.

Not a 100% guarantee this IS happening, but it is a 100% possibility that it COULD happen...

Glta StockHOLDERS and New Investors!

[BCS Paladin]

You have found the key to our future.

Mgt knows exactly who owns all of our shares.

They know they don't enough left on the shelf to sell out a majority of the stock to buyer they want.

The reverse split will solve that problem.

We will have a new owner and yes, most our BOD will be gone or become lackeys for new owner.

There is a simple fact....without BIG BUCKS going to R&D we will never get a successful Phase III.

We have no money now and certainly a RS will not provide us with squat for R&D.

[4OurRetirement]

Actually, After 5to1 RS They Wouldn't NeedToBuy 251M...

if Current OS was 300M after 5to1 RS, OS would be 60M, right?

So, they would only need buy 61M after 5to1 RS to gain 51% controlling interest if I calculated that correctly :-)

And Only have to offer 1/5 as many of their shares for every share of PPHM(if that would be part of the negotiation). So, in this example, they would only have to offer say 60M shares of Buyers stock instead of 300M shares. Reduces overall purchase cost, but makes PPHM stockholders Happy if buyout would occur :-)

Glta StockHOLDERS/NewInvestors!