Replies to post #272123 on Avid Bioservices Inc (CDMO)

[realist1]

RE "That's the gamble."

When talking about gambling, understanding the odds are essential.
Unfortunately, there's a 100% chance that at the current burn rate, PPHM goes to zero without massive dilution. Therefore there is a 100% chance of massive dilution.

If PPHM wants ~$20 million per "Q" (they consumed almost that last "Q"),
at around the current share price that's around 50 Million shares PER Q!!!

Meanwhile what gets accomplished in a "Q"?
Pretty much nothing quarter after quarter after quarter.
Talk about new trials..........initiating new (phase 1) trials.....
blah blah blah....

That's an obscene number of shares quarter after quarter to make little if any progress.

Oops sorry, I forgot about Avid!
yeah.......massive DECLINE in year over year revenue.
And no matter how much revenue they bring in, the CASH BURN is still extreme. As I've said for years, Avid is nothing more than a distraction in the PPHM shell game of dilution.