Replies to post #318439 on Avid Bioservices Inc (CDMO)

[bigbro1]

This is the answer you will be getting :) from the the press release. You have to believe the company just like you believed all the LIES they have been saying for decades !

Peregrine will be working with a nationally recognized executive search firm to assist in identifying highly qualified candidates for the Avid President and Board of Directors positions. The Company intends to appoint a President to the Avid business in the coming months and include the identified directors in its slate of nominees for election to the Board at its next Annual Meeting of Stockholders.

[peregr]

From Tustin PR release quoting King:

"Peregrine will be working with a nationally recognized executive search firm to assist in identifying highly qualified candidates for the Avid President and Board of Directors positions. "


Search firm- meaning they get paid if ES, SK, CJ and DP approve.

The only vetting is to find candidates who meet the basic criteria.

The Board makes the decision, not the search firm.

Bid is correct