Replies to post #132435 on Avid Bioservices Inc (CDMO)

[revenue_monster]

I agree with your assessment, management is way in over their heads. Our CFO keeps touting multiple finance sources yet only knows ATM. The CEO belongs in operations and not leading the partnering charge. Time is of the essence and I see no sense of urgency. We will have 250m shares outstanding by the time we enroll even half of PIII, then we will have a reverse split, all the while they make healthy base salaries. Time for a change

[jakedogman1]

Well stated and agree 100%. I would add that if the proxy does not include two independent board members, there very could be a lawsuit against the bod including sk for breach of fiduciary duty. we may not win but hopefully the collateral damage to es and roswell would be enough to do what is right for the shareholders.

[Frustrated]

Wow! First honest post with factual information in a long time! If this doesn't deserve to be a sticky note I don't know what does. If the board is really neutral and want to show both sides of the story this should be included. Tough to argue against this post. All imo.

[EYEBUYSTOX]

That's an objective must-read IMO.