Replies to post #324230 on Avid Bioservices Inc (CDMO)

[north40000]

Look for a "shell" behind someone else in China, everyone. Even $8 million, small as it is, doesn't appear from nowhere.

[realist1]

RE "At least there's the chance for milestones and royalties"

You can't be serious.
It's over. Been over for years.
$8 million was a gift.
Congrats for getting more than zero.
But hold on just a second.
Here's the actual words:
"Avid will receive an aggregate of $8 million in upfront payments from Oncologie paid over a PERIOD OF SIX MONTHS from the execution date of the agreement"

Six months to get the $8 million.
PPHM had/has a habit of dealing with companies that are questionable to even exist. This one is no exception. Let's NOT count that $8 million before the check(s) are received. I have doubts it will be in the mail...

It was good news though.
Stock up today!
5 cents as I check, which if you convert to pre-reverse pre-reverse 2009 prices ~ $.0014 per share. Wow to that Bavi "value"!