Replies to post #324547 on Avid Bioservices Inc (CDMO)

[shipbuilder]

Appreciate your insight, peregr. What I forsee is CDMO eventually receiving 15% of 10% of 3% etc. This would be par for our PS course. I'm looking to prevent it. 15% of a marketed functioning platform is a good deal. We just don't know that that's what we're actually getting. We need to be able to see the terms of the deal, now. We've waited long enough.

[TampaTradr]

I swore I would never invest more in this stock, and I will not.

Paying for an attorney would be an even worse investment, IMO, but I applaud anyone that wants to put money and effort into it if it reduces my loss.

I will cheer for you and throw you a puzzle piece parade!

[NoMoDo]

Where are you getting this? The plaintiff does not need to establish value. The public corporation needs to be very transparent in disposal of assets for fair market value.

Any shareholder can demand an accounting of how the public company established their price. If the company refuses to adequately demonstrate that they obtained value for the disposition, a court could compel them to do so. Imagine the scams a public corp could pull off if this were not so.

If the public corp did not act in the shareholder's interest, they would become liable for damages. It would be easy enough to show that they got full value - if in fact they did.

BTW, I am an unlicensed attorney - meaning I have a juris doctorate but don't practice law. You?