Replies to post #318040 on Avid Bioservices Inc (CDMO)

[exwannabe]

They have lost objectivity and a common sense approach to the election of BOD members.

OK.

FIRST:

You are a strong supporter of voting 4W as you want to see a BOD of 4W + 3B.

Why not 3W vs 4B? Is this not also mixed? You are taking as a given that the 4W are more likely to ignore their fiduciary duty and align with Team Blue than the 4W are to do so the other way.

Kind off odd as Team White has an established record of disregarding their fiduciary duty to favor the Team over shareholders. While Team Blue has none such I know of.

SECOND:

Vote reality. Retail returns a lot of White cards simply following management. Just a pull the lever action, always is the case. The existing BOD has a huge advantage. They can use shareholder money to take actions that help them. They can use it to mail and call shareholders.

If the active retail are convinced to vote partial White, then there is no retail Blue. For a stock that is basically in retail hands, this gives CJ,ES and DP their seats.

THIRD:

Why is the idea "partial White slate" vs "partial Blue slate"? CP started the ball rolling with the outright lie that one could not vote partial Blue, so partial White is the only option. Now the unbalanced movement just carries on with the White bias.

[Threes]

You cannot trust anyone from the camp of the current BOD. Ronin has a plan and resources to take AVID into the future and reward shareholder all the way.

They also have the reputation skill sets and knowledge needed after a third party valuation of all the IP including exosomes to reap the highest price from all interested parties..
They probably already have a good idea what each is worth and who would be most interested in the IP. Also what they will pay for it.
Don't forget they have 4 million shares and will want the best deal possible. A BOD aligned with shareholders is a new phenomenon here.

Eric Swartz , Carlton Johnson and David Pohl may try to give the IP and AVID away for peanuts to disincentivize Ronin reduce PPHM to ashes but leave enough to dilute and pay themselves far into the future. The delay is very concerning and we may get the final screwing of our PPHM life cycle in the next two months.

They and everyone they support have no upside for long shareholders.
After all we have endured wake up.

I don't need or want Eric Swartz or his cronies in any conversation or position of power going forward.