Replies to post #308067 on Avid Bioservices Inc (CDMO)

[exwannabe]

Filing Chapter 11 is Imminent and nobody is going to get anything!

That is absurd.

I am not exactly the company cheerleader, but even I would say they clearly can stay in business.

Hell, had they taken the current step, along with a BOD salary slash, a year ago they probably could even have kept their jobs.

[JJ1223]

Call Ronin and tell them. Based on your DD they may sell all their shares and pull back their nominees. That will be their signal.

[JJ1223]

Filing Chapter 11 is Imminent and nobody is going to get anything!

Do you believe Ronin's assessment of Peregrine potential was that bad??? It does not say much for their ability to evaluate companies.