Replies to post #323937 on Avid Bioservices Inc (CDMO)

[biopharm]

Wook, it is becoming easy to see that whatever contracts were discussed to Lias was maybe, very possibly.....ONLY going to be rewarded to them IF Renegade Roger Lias fell inline to approve a breadcrumb deal to transfer the PS Targeting IP assets?

Now....my puzzle pieces for all this become more convincing that this may be the case, especially since Rengade Roger goes public with " residual value" statements and went public with how some BP said the IP was interesting ...and blah blah blah

Mayne Renegade Roger got some legal into that due to the certified letters to the Board that this would be an easy lawsuit for shareholders if they dare signed off in a breadcrumb deal with no Investment Bank brought in and no competing offers ...etc

....which leads me.to believe Roger may resign and does not want to get into things that will make him look very bad

[geocappy1]

Is it an organized going out of business sale? BOD gets away with no ramifications and Ronin comes back and buys up the pieces

[patientlywaiting]

"so where are the contracts that were discussed?"

Since everything here is a hypothetical......

If you were a BIO/Pharma business in need of highly reviewed (FDA regulatory, etc.,etc.) biologic products would you commit that business to a company that might be on the verge of possibly being acquired or sold.......?

Lias: Would love to have your manufacturing business.

BP: What's going on with the company now Roger, finances, sale, acquisition?

Lias: Without boring you with the details all is good......!