NovaBay Pharmaceuticals Inc (NBY)

[Tkrtape]

It was a nice increase in sales,
But with expenses in the 4-5 million range each
Quarter, it dwarfs anything the company is going
To achieve in revenues for the next two years .
At 73 million OS , things could get out of hand
Quickly with equity raises... Especially at such
A low share price right now.
I give the company credit in stating on the CC
That they have other options available,
But I think that was just to appease us.
Stock might get a little bump, but this cash burn
Is going to keep it suppressed until it gets to
At least cash flow positive.
With 500 million in projected revenues,
It will take forever to get to at this rate.
Consider this stock dead money right now.
Sell on any bump we may get tomorrow.