Replies to post #42671 on Avid Bioservices Inc (CDMO)

[jakedogman1]

As much as I gripe about mgmt (when they deserve it) I will vote for the incentive plan. Why? So their interests are aligned with mine. My interests are to score a big pop (not poop, cause I got one with a share price at $.70) and move on.

A big pop for me is a 8 bagger from where we are today.

[jessme]

Give them the tools they need and let them use them to move this along.

They currently have over 1 million shares available for options and incentives. That should last a year.

It's not just a matter of allowing options, it's the manner in which they want to do it. They want to cancel all current unexercised or forfeited options and increase the number to 15 million shares with the ability to set the price of these options at below market price. We suffer a RS, Tustin has another 300 million shares to play with and management wants to benefit from it at the expense of shareholders.
Amazing, they want the ability to price options at below market..

Options so far have been a big dud for management.

Not really. Tustin has had plenty of opportunities to exercise options which were priced substantially below market. Ya think King will exercise these? He could more than double his money.

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12/22/2009