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Reverse split scam - BE CAREFUL!!
I had tons of shares.
A couple of Reverse Splits made sure as of today I own:
7 shares! .....SEVEN!!!
This is a share scam!
The purest I ever come across and I have been on the stockmarket for 25 years now.
Its a filthy Dilution share scam
I have known this scam for years and the authorities allow this fraud to keep on going. its 200% theft that has been going on for years. Its a freaken paid hobby.
Still busy with their paid hobby
This is your perfect example of legalized theft
Prospectus
INVESTING in our stock..LOL..what a bunch of idiots..INVESTING!
Nobody is ever and will ever..INVEST...in GBSN stock.
Its for the quick buck for max. 2 hours in.
Amazing!
O my goodness
Its even worse than I thought here
Crime!
It seems the filing still hasn't hit the news board yet
and GBSN website is down. Did you wrote the filing..LOL
This is a pathetic non event
compared to the GIGA-dilution that is going on.
My goodness, what a way to make a living
but the incredible fact is that this is still legal.
Did you see the seeking alpha article? If you had put in $1 million in the IPO today it would be worth 1 cent!!
People should send in complains to the SEC again
By the way, Where are the law suites??? no, lawsuites...legal!!
This was not even on their own website!!
What a criminal scam joint. The FBI should investigate whats happening here. This is securities fraud written all over it
They have not even finished converting the entire 200 million and now they want 1,5 billion. Fricken scam hobby
Why not post the link to the actual filing?
This is just a bunch of text. Some in red.
Why not convert at a higher price
Now they get $0.013 while 90% is converted above $0.02
I bet what is going on here is plain financial crime.
and next is a Reverse Split?? LOL
They pick a fricken hobby
and the income is not from the core business but from financial scam
See here the future...it will destroy our society if this keeps going on.
Money the easy way
yes, quit an amazing hobby these people have
you can't call it business. They are losing gigantic sums of money
Amazing this is legal.
Why would I want to lend them money
If I convert at $0.02 and sell at $0.014?
but NOW at this moment
90% converted above $0.02 while the price is $0.014.
or are they converting at $0.02 and selling at $0.014...lousy deal!
200 million shares
180 million converted at min. $0.02 cents so mabye the remaining 20 million, if they convert all, will be converted at $0.01. We don't know. They ll probabely be converted this week, right?
Than how do you know
they are converting at $0.01?
You have a filing they can convert at $0.01
I haven't seen it?
he is the only one
or you ll see the rest following in december?
Realy!! a form 4 for 600 shares at $0.015
You have got to be kiddn me
A nice record share creating!!
October 7 2016: 750.000 shares
November 28 2016: 179.500.000 shares
And yes!! this is legal...but this management are crooks
as of November 25, 2016 there are 179,483,055 shares of common stock issued and outstanding.
another 14 million shares
Just look on their website
they are so happy and thrilled...amazing after what they did to the people they communicate too with these reports.Idiots
Its amazing they allow this fraud
did you see their Q3 statement..its a statement to shareholders who lost all. Pathetic share scam.
per November 18 165,483,055 shares of common stock issued and outstanding.
next RS
Any news on the Voting?
you know, more shares and the RS?
as of November 4, 2016 148,583,052 shares of common stock issued and outstanding.
That 53 million more in 1 week
What amazes me
that guy can commit plain securities fraud but this is not against any law.
4 reverse splits in, what?...14 months
No wonder everybody votes Trump.
Ouch, this is done
it was a nightmare story for shareholders.
4th Reverse Split coming in just over 1 year
that is RS number 4 in about 1 year
but you have to vote for it
This will never go above $0.06
before earningsrelease half November
Flipping millions between $0.03 and $0.05 is the idea
Core business of this company is share creating
Has anybody counted how much shares have been created taking into account the 3 Reverse splits and the 120 million outstanding including next weeks new shares?
Must be well over a trillion shares. Which accountant would associate with these practices?
95,083,052 shares of common stock issued and outstanding.
8k just out
a conversion price of $0.02 per share.
24 million new shares in one week.
Why would one sell about 1 million shares at 3 cents
3 minutes before the close...more and more and more shares each week..after that RS to make the shareprice look like a real company.
Share creating machine
Friday in the morning they come with that amend 10Q stating they have 65,2 million shares
a few hours later they come with a 8k they state they have 71,7 million shares.
They print them by the hour
lots more to come then RS
Well
This is what I read in their 8K but yes there are other scenarios. I also see them release a PR/news on Monday. They haven't even done that to help their shareprice up till now but that must be part of their plan. If they even have a plan.
Share dumping to continue after 21 october
read the last 8K of 17 october
if you are thinking of buying. After Friday 21 th of october they will be able to dump shares again. As of coming Monday, that is.
"In each Amended Leak-Out Agreement, the Company and a Buyer agreed that during the period commencing on October 17, 2016 through and including October 21, 2016, neither such Buyer nor any of its affiliates will sell, directly or indirectly, on any trading day more than a fixed percentage (as designated in such Leak-Out Agreement, which, in the aggregate for all Buyers, equals approximately 40%) of the trading volume of our common stock on the Nasdaq Capital Market, unless our common stock is then trading above the lower of (x) $5.50 or (y) 120% of the closing bid price of our common stock as of the trading day immediately preceding such date of determination"
The company is a pump
Otherwise a large company would have bought them a long time ago. Large companies are stuffed with liquidity thanks to the Government. They would buy any potential. What is the advantage of this situation for GBSN? This is only giving them bad publicity and the worst reputation.
4 august 2016, 2 months ago
http://www.microcapdaily.com/the-exciting-story-of-great-basin-scientific-inc-nasdaqgbsn/116085/
"GBSN also has ready liquidity, legions of shareholders and a proven ability to make parabolic moves on any good news"
Amazing the fraud