Replies to post #10364 on Avid Bioservices Inc (CDMO)

[jakedogman1]

I can live with bonuses based on milestones but part of the milestone would be stock price. If mgmt achieves all these great milestones but the price has not increased, than a key aspect of mgmt's job was incomplete, ie getting the story out. This is where guys like Carl Icahn earn their pay, doing a job that mgmt fails to do. I will do my best to communicate to mgmt my displeasure. I also talked to an investment banker very familiar with the company. The person expressed frustration in that mgmt is in over their heads when it comes to the financial side. A good example is the PIPE just before last years Russell rebalance when the company got booted when they missed by about $400,000. A very rookie mistake.