Replies to post #306158 on Avid Bioservices Inc (CDMO)

[jakedogman1]

whatever deal he does will not include the demand that the three lampreys stay attached... imo the current BOD commands a negative $500 mil or more in equity.. if the current BOD announced they were stepping down, what do you think would happen to SP? up or down?

and ronin wants as much value as we do if not more .... he gains from sp appreciation much more than pohl's whopping 286 shares...

and if are a respected biotech player, would you want to join the current board that has the breach of fiduciary duty stamp of disapproval?

[peregr]

I think there is equal merit in the thought that the current BoD does indeed have a secret collaboration with BP to never bring Bavi to market. It is more than coincidental that all of these trials fail at the last minute. The common denominator is the current board. Why else do they not own the stock? Because they know every time there is promise, they sweep it under the rug. Bio has been all over this. The secret deal appears to point right back to Tustin. Hmmmmmmm. And now that the truth is to be uncovered, some posters are working overtime to keep everything the same.

We need Ronin more than ever.

[The Other Guy]

What is the alternative? The IP is dying on the vine. At least Ronin can monetize it. The current BOD are lame ducks. There is not a move they can make without stockholder blockage or major lawsuits.