Replies to post #142828 on Avid Bioservices Inc (CDMO)

[geocappy1]

I will say this and I believe everybody here knows what side I stand on.

I will continue to monitor what is going on. The company has diluted the shares by 50% over the last year. Granted there were the errors and I am currently giving them the benefit of the doubt for the need to raise funds to get rid of the going concern clause as well as possibly stregthening their hand in negotiations.

However, come December, they will have also diluted the company some 15% for their own benefit (8M and 7M shares last two years). Again, I have no problem with them getting theirs as long as we get ours. Thus, I do not want to see them obtain millions of shares and then sell the company for $1-2B so they can all make $10M dollars while the SH get $5-10 per share. I believe they could have gotten $2 per share for the company ($500M) a long time ago before the split which would be equivalent to $10 per share now.

No, I want them to be diluting the company and enriching themselves because they know they are creating major value in the company. I want them to make $50M with their options because they sold the company for a minimum of $8-15B. If at this point they bail out for the $1-2B I will be joining with whomever wants to sue them because in my eyes that would mean that Jake was right and their entire plan was to get enough share into their hands before selling the company.

[biopharm]

BKT... sorry if your intent was for the overall good of the company and all our investments. You should understand my point of view in that what goes on and has been going on in Big Pharma land and how difficult it is for a small biotech to break into the big leagues so to speak.... is met with lots of opposition and with Peregrines current break-in to the Big Pharma crowd will and have been met with probably the most opposition than many have ever seen.

Why does it come to light now and why haven't many people seen this before? I think its because of exactly how well Bavi and the anti-PS platform works and "most" other small biotechs with a drug for a single indication or anything that Big Pharma likes on a much smaller scale accepts the opposition and understand they have to give in. By giving in... I mean once the hedge funds have their way with those types of stocks and drive the pressure down in order so those small biotechs are unable to raise money without the need to sell out their IP portfolio or continue to sell more shares, eventually this is counterproductive and that small biotech "will never" be able to get their money in return for their shareholders.

Peregrine is in a very different type of boat where its not a drug for a single indication--- but rather a "platform" for possibly more than many cancer indications so "Peregrine Refused" to give in to Big Pharma as many others were forced to over the years.

When Big Pharma sees something they like and are unable to obtain it by most of their previous means.... thats when the Fargo like trials started. When did they start... ? I'm sure Peregrine has a very clear idea of that by this time. Are the risks and fines worth it for a Big Pharma to even attempt Fargo like trials? Certainly.... which is the reason I've posted over and over all the fines and bribes and fraud (to make bad clinical data look good!!) that has been part of Big Pharma for years and IF they do this --- "THEY WILL" certainly raise their risks for an "anti-PS platform" and play their favored Vegas odds as they always have.

Big Pharma is certainly not in Vegas anymore since "clear evidence of dose switching" and at that very moment --- "some" want to know what everyone else knows.

So sorry again.... if you sending out requesting share totals and emails..etc was done so honestly, just no chances being taken on my side at all and everyone can decide for themselves if they want to do so. There is much going on behind the scenes that no one here knows and I'm not saying I know--- but I know its not "typical" for a cancer stock to be attacked on all fronts and from every angle. Funny how we don't hear that with all the PD-1 or PD-L1 or CTLA-4 types..etc..etc but then again, IF that was the cancer answer.... then they may have been.

Funny how Cramer has not mentioned anything either when he loves to talk up a storm about "unusual activity" going on..... maybe it hits too close to home for him.

GLTA!