Replies to post #170631 on Avid Bioservices Inc (CDMO)

[biopharm]

That may have been there plan. Let us move forward with they tainted data then pull the rug out from under us.

I do believe that was the plan. How high would have the stock gone? ... $10... 15... 20 ?

then the drop to $1 ! .... hmmm, by that time I bet you the bank loan would have been "SPENT" and due to the bank loan they wouldn't be able to raise money via the ATM ... and I guarantee you the upfront Big Pharma money would have been tied to some "good faith clause" where if "coding errors" were found Peregrine would have no access to that upfront money.

Guess what would have happened at that time? just go back and look at the famous Bankruptcy post made by someone who has not been here in quite some time and that poster just so happened to sign up on IHUB 9/25/2012 at 2:27 A.M. probably after a night partying on gains (of PPHM losses from $5 to .80)

..... so I think Big Pharma will be agreeing to Tustin terms that they are not quite used to doing in bending over backwards to a small biotech with some big ideas.