Replies to post #41908 on Avid Bioservices Inc (CDMO)

[jakedogman1]

My prediction

R/S announced just before ASM.

Company lets stock get hammered.

Mgmt awards mucho options to make up for last year

Then company starts releasing good news.

Hope I'm wrong but I doubt it.

[realist1]

"bavituximab and Cotara are still in a relatively early stage of development"
"As we continue to generate positive patient data"
"additional clinical data is essential if we are to do so. To generate that data requires capital"
"the company is prepared to implement a reverse split"

Reality check people. Anyone happy with that reply isn't paying attention. Remember it's their job to put as positive a spin on as posible, and I didn't even see anything positive reading betwen the lines.

My translation of the above:
NOTHING has changed as always. There's a long way to go before they make a significant deal or create value for shareholders. In the mean time, they need
more data , more trials, more time, more money, more dilution, and a reverse split.
Wow, what a disaster.
Oh, by the way, they want some new stock option awards!

PROPOSAL #4 is the only hope I see for shareholder value creation, but I doubt it passes, sorry guys.

[2ndstr2thert]

Thanks 2000 for posting IR's reply (#41908). From their response to you it appears more likely than not that they are going to "effect" a RS.
If it becomes more and more apparent that PPHM is not going to try to avoid the RS I hope there is not a major sell off coupled with extreme shorting BEFORE THE RS IS EVEN ENACTED. Will a greater than 10 to 1 RS then be required ?
I am going to assume that most shareholders agree that the avoidance of a RS and delisting is the most favorable scenario out of all the possibilities. I for one will find it reprehensible if PPHM issues a series of PR's after a RS that could have dispensed beforehand.
I hope I'm wrong and TUSTIN is preparing a major media blitz but the winds do not seem to be blowing that way. Will stay the course but after 19 yrs. I see my goals for this co. will still require more patience.

PPHM FOR ONCE IN A BIG BIG WAY TELL THE WORLD WHAT WE HAVE !!!