Replies to post #304256 on Avid Bioservices Inc (CDMO)

[Bluerinse]

They made a very clear statement that the IP is worthless .. interesting strategy to maximize value
IMO

[stoneroad]

Loof, you are 100% correct.

[jbainseky]

Ronin won't get the chance Loof....

FFTT

JBAIN

[biopharm]

"If the science is solid, then Ronin will definitely not throw it out."

I should hope not though I ask myself these questions...

1) Should have Ronin group been approached or led to this scenario where it was possible to break apart Avid from Peregrine, which interestingly enough.....some have wanted to do here ....but at the same time this weakens the leverage to attain a good partnership or monies for the IP

2) If RCM had Stafford so successful at Xencor on the BOD....why does John Stafford also use that leverage to get himself on Peregrine BOD? ....if suspicions are correct and many long shareholders get a bad deal then John Stafford could remove himself from a position to be held accountable ....especially by not choosing or wanting a BOS seat and picks 3 others...

....we shall see....but for now I have more questions and I do agree change is required so am glad Stafford is making such moves....even if it is our detriment but all I can do is point out any signs of weakness and maybe ....a new group realizes that better arrangements must be made for long shareholders

I do like the rollercoaster ride analogy....as I always just closed my eyes and eventually all was ok....so maybe I will just shut them now and not be tempted to sell any shares at $10+ : )

[nh]

Actually, it would make more sense to get your guys on the BOD, sell it for a good price to some other entity that you have in your pocket, then develop and/or sell it for a really great price to some waiting deep pockets. Or have a become too jaded, Loof? Is there any way to go back to the good ole days, get the shack and rocketship all fixed up, smooch up to Tessie and some Korn Liquor and then wait to get diplorably rich with the help of Team Ronin?