Replies to post #311753 on Avid Bioservices Inc (CDMO)

[corporalagarn]

That's why you can't just stick a revenue multiplier on a company with three customers to determine it's value. It doesn't work no matter how hard people try. Still wondering what that huge business valuation firm came up with for a value when they did it as part of the Nasdaq extension request. Good stuff. I thought Avid would be handing out dividends by now.

[InternetForumUser]

Last time they mentioned it was on the March 13, 2017 CC. They haven't mentioned it since. Also.. when your 2 Largest Customers decrease their orders and those 2 account for 84% of the Overall Revenue.. I doubt the path to Profitability even exists anymore...