NovaBay Pharmaceuticals Inc (NBY)

[Tkrtape]

This company is burning cash at $5 million
A month. They did another offering just this past
March for $4.9.
As I stated earlier today, it is entirely feasible
To expect these raises at a minimum every two
Months until they can monetize an asset....
But that is not going to stop these dilutive offerings
Because these assets won't draw that much money in.
Expect a 1 for 5 reverse split before year
End to get the outstanding shares back in line.