Replies to post #169268 on Avid Bioservices Inc (CDMO)

[Unemon]

CA are meaningless! ... Just my experience with them.

I mean ... worst case scenario ... PPHM will end up settling for no more than 10m USD.

This is how CA works. Plaintiff layears start aksing 10000000m .... and then they will end up settling for sub 10m ammounts.

If you put the 10m into perspective ... that's nothing for PPHM ...


CA ... imo ... plays a role .. only if King has already reached an agreement to sell the company. In that case ... the buyer would require PPHM to settle with the CA first.

Look at OCZ ... for example. It settled with the CA ... prior going into BK .. and being bought out by Toshiba.