CryoPort Inc (CYRX)

[coldasice]

According to the following press release, looks like CryoPort did $940,000 in sales. Good for about a 12.5% increase. I would wait for the official release to do a deeper analysis. The winning streak continues on the sales front.

The real positive seems to be, operational burn continues to narrow. Last year ended 6/30/13, CYRX was losing $400,000 per month via operations. Ended 6/30/14, $150,000. It's very possible, if expenses continue to stay controlled, CRYX could possibly have positive OPERATIONAL cash flow in 2 quarters or so. That would be big.

CYRX really needs to get this capital issue done. $200,000 in the bank.



http://www.cryoport.com/cryoport-news-and-events/bid/107837/Cryoport-Reports-92-Revenue-Growth-for-First-Quarter-of-Fiscal-2015