Replies to post #301443 on Avid Bioservices Inc (CDMO)

[CHEVYGUY]

The last RS was on Oct 19 2009 and started trading at 930 am


Peregrine Pharmaceuticals 1:5 Reverse Stock Split Takes Effect
TUSTIN, Calif., Oct 19, 2009 /PRNewswire-FirstCall via COMTEX News Network/ -- Peregrine Pharmaceuticals, Inc. (Nasdaq: PPHM) today announced that the previously announced 1-for-5 reverse stock split of the Company's common stock will become effective at 9:30 a.m. EDT today. Peregrine's shares will continue to trade on the NASDAQ Capital Market under the symbol "PPHM", with the letter "D" added to the end of the trading symbol for a period of 20 trading days to indicate the reverse stock split has occurred. The Company's symbol will revert back to its original symbol "PPHM" on November 16, 2009. Peregrine's common stock has been assigned the new CUSIP number 713661 304.