Replies to post #323570 on Avid Bioservices Inc (CDMO)

[biopharm]

Why would CEO Renegade Roger Lias NOT tell us in detail what he means by shutting down R&D spending .....?

1) what happens to NCCN trials since Renegade Roger may not have any Bavi in stock for any trials that may have been already paid for.....why oh why would they cut out NCCN??

2) what happens to MSK research like that of Dr Jedd Wolchok, where Dr Wolchok was about to speak about combo drugs etc when it was "an emergency" that silenced him.....why would Renegade Roger Lias want to jeopardize that research and IF NOT, tell us about it vs being silenced it seems as well.

3) why do they not look into Steve Demattos ex Peregrine that went to Xencor where John Stafford exited as JS and Ronin Hedge Group started piling up shares.....

So much more and I don't think Renegade Roger Lias is aware how mentally unstable these decisions are that he is making.....

....but if one listens carefully to the NobleCon14 webcast Renegade Roger Lias ...the way he words it....tells me the decision was NOT his to make and it was made for him ....so then WHY do we have a puppet in CEO position ?

So many silenced

Why no update on those 19 of 22 patients on Bavi....with Yervoy?hmm

So much PS Targeting IP potential ....cut off at the knees just while Biomarkers can prove it all...

Some DO NOT want any PS Targeting advancement and Renegade Roger must be held personally responsible and all BODs should be....

[TampaTradr]

So again, I ask, how much money do you spend trying to sell an asset that no one seems to want to buy?

[north40000]

Those quotes, sunstar, are implicit reasons for my very recent post to corporalagarn, # 323582:

“Seeking to monetize the R&D assets.”

“There is some residual value we believe.”

“We hope to have news on that front very soon.”

“Obviously that means potential upside for shareholders over the short term.”

[realist1]

RE "“Seeking to monetize the R&D assets.”
“There is some residual value we believe.”
“We hope to have news on that front very soon.”
“Obviously that means potential upside for shareholders over the short term.” "

It's CEO-speak. They're all slick salesman, that's their JOB!
Better focus on the KEY word of each sentence:
1. seeking.
2. we believe.
3. hope.
4. potential.

Here's my sentence. I'm an SEEKING investments in my widget company because I BELIEVE that there is HOPE of large POTENTIAL for this market.

You guessed it. Complete BS.

Remember SK's statements like:
"interested parties"
"soon"
There's a long list.

Paying attention to their words can be hazardous to your financial health. Best look at the FACTS and the ACTIONS.

[sunstar]

Does it not warm the long investors’ hearts to see the desperate attempts by short operators to collect loose shares by hitting the stop sells of unwary shareholders of CDMO??

So why do they want these CDMO shares so badly??

And why do certain commentators insist that the anti-PS IP is worthless??

The scramble for loose shares lately suggests another story.

Didn’t CEO Lias recently suggest an upside for CDMO shareholders...SOON??

When is SOON??

SOON?

IMO

sunstar

[biopharm]

“There is some residual value we believe.”

I know Renegade Roger Lias has made that infamous statement but I am beginning to think there is resignation value in the pps if he steps down to resign or he bucks the system and does a complete 180

He must be long into the thoughts of being the CEO to be held personally responsible for a breadcrumb deal and maybe others on the board are thinking the same way

Looks like John Stafford's plan could be ready to crumble