NovaBay Pharmaceuticals Inc (NBY)

[Minding]

Another ... http://ih.advfn.com/p.php?pid=nmona&article=67312343&xref=newsalert

If I read this correctly, only 5M of the 16M are potentially dilutive.

"The Selling Securityholders may sell some, all or none of their shares. We do not know how long the Selling Securityholders will hold the shares before selling them, and we currently have no agreements, arrangements or understandings with the Selling Securityholders regarding the sale or other disposition of any of the shares. The shares covered hereby may be offered from time to time by the Selling Securityholders."

I note NBY has a small float.

Minding