Replies to post #62160 on Avid Bioservices Inc (CDMO)

[cheynew]

It would appear the market does not agree with you today.

[jessme]

The company does not sell anything


Why do we have sales personal if we have nothing to sell? Where is our self supporting AVID?

[Frustrated]

They are not supposed to make a profit? What a ridiculous statement! They have a manufacturing facility that is capable of producing more than 28 million in revenues a year! Not having that run a full capacity is bad business and to just say they are not suppose to make money is comical! No wonder this BOD thinks they can do whatever they want. They have 139 employees with revenues down 70% for the year. What is mgmt doing to control costs? All imo.