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Lol Back to 2 50 Monday then down
Lol POS Utah company All the money was made today on GBSN!! Done now
This is as sad as Madoff. DILUTION at its best.
Great post modrica Agree He wont get more of my money
SUBPENNY .007 pre split Thanks ASShton
GBSN is done Has been for some time. I said they were going bankrupt 6 months ago.. Ashton will likely start a beverage company and call it Vitamin Health Group. Maybe he will buy MINERCO LOL
Not long to go for subpenny presplit WOW
Yay .016 pre split Wow thanks ASShton
.022 pre split. Ashton should be proud
Looks like 50 cents or lower Just sayin LOL It is banko kids.. Ashton f d everyone He is havin a great holiday at the temple
This will close well below 2 bucks today lol
This will close well below 2 bucks today lol
We all know it is done> OH well lost money to the Shister.
Nice thought> Ashton will be with Shrkeli in handcuffs I hope
I called this a long time ago. Reptos was busy telling us all how wonderful
this r/s would be. LOL Now where is Reptos? I was run down for calling this out as a POS. And it certainly is. Ashton has scammed millions here and continues to do so. BYU is involved? Makes me shudder!!! This dilution will continue until the 10 million C warrants are gone and the price will be .80 to .90 cents at best. I said bankruptcy some time ago and I believe they will sell out the investors yet again. No integrity or morality here.. It is UTAH at its best.
Yes like that R/S worked lol 80 to 90 cents next.
Agree crcro. I will be very surprised if we make 80 cents
I am short to 1.00 Do not buy this crap!!! SHORT
Where are the pumpers They know its toast too!!
R/S was a success here... LOL POS IMO
I call bottom .80 / 1.00
TIMBER! 2's today
Shorters paradise. LOL
Garbage Utah Garbage Hows that DD working LOL
Yes I would call red 59% vs 7% This is toast Get real
Last patent release up 59%b This time Red on the day LOL... POS is dead
Quote from Yahoo message board. I agree.
News Broken down:
The amendments to the Series C Warrants provide in material part that once the current Authorized Share Failure (as defined in the Series C Warrants) is cured through either the implementation of a reverse stock split of the Company’s common stock or an increase in the number of authorized shares of common stock,
----( The warrants that they FAILED to convert are still going to be converted after a RS or INCREASE in the number of authorized shares of common stock) (EXACT same dilution that was occurring before will soon start up again)
the Series C Warrants will then be exercisable for only 25 more trading days.
----(Means that the dilution conversion will happen all withing 25 days of the RS or increase in shares, it will be fast and complete this time)
Upon the expiration of the 25 trading-day period, any remaining issued and outstanding Series C Warrants will be automatically deemed exercised based on the cashless exercise formula as currently contained in the Series C Warrants.
----(Means warrant holders will absolutely want to do the conversion within the 25 days)
The amendments also clarified the ownership position of the Series C Warrants relative to the Company’s common stock prior to exercise of the Series C Warrants and clarified that additional standstill periods will be granted for future Authorized Share Failures, should they occur.
---(Means they don't know that even if they increase the share count will be enough for the conversions, so they needed to add statements to cover that possibility)
Joe Campbell? Money is only made flipping this either way. Buy or sell. The warrants and dilution show it was a dead cat bounce. IMO. I lost my a** holding this Utah toad and I will make it back one way or the other. Who the hell is Joe? By the way I think GBSN has a great potential with product but the company f'd up with toxic financing and it will be until FDA hopefully approves before any move up. Till then it will be just as it has been.
TIMBERR!!! Lows Tuesday SHORT
Agreed naturalboundinvestor
Nighthawk: I think your right in your analysis here as far as something tangible. I think the company has a great product. And I see the E coli problem that is rampant in so many states right now that I think that there is a possibility that the approval could come soon. Being that their previous products are selling. The bulls have definitely shown that the price can hold the past week or so. Based on the massive interest in this right now I see it as a hold. I hate R/S in any company as I see it as weakness and toxic. I could not vote for it based on what Ashton wants to do.. And I don't care what the pumpers here say. I think the price will fall on a pass. GBSN has always been a flippers paradise because it never holds a gain. And Level 2 makes it easy to see the fail of a spike so flipping is about the only way to make any money here until the FDA approval occurs. I think the interest here could hold this price up and raise it slowly (which I would like) until the news arrives. I expect the approval but it may not happen as well. I bought into this company baased on the product aand so far they have kicked my collective ass quite well and I knew those warrants were dangerous, they caught me off guard as I did not see that coming quite so soon. I think I will make my money back here but now it will take some time and that flat annoys me. At this point I will flip a bit to lighten the loss (long or short) but I intend to ride this to FDA approval because it will spike like mad and then fail again as it historically does. I am in until then. All my opinion here.
Anything is possible but I doubt Monday approval based on those facts.
How long it takes the FDA to "approve" a 510(k) submission
Key takeaways from this year’s analysis:(2014)
A company submitting a 510(k) today has a 22% chance of getting it cleared within 3 months, and a 61% chance of getting it cleared within 6 months.
There were 3,173 devices cleared through the 510(k) program in 2014, a 4.5% increase over 2013 but similar to numbers seen in 2011 and 2012.
Radiological and Orthopedic devices tend to take the least amount of time to clear, averaging 135 and 140 days respectively in 2014.
Third Party Reviewers clear devices in 68 days on average, more than 110 days faster than internal FDA reviewers. Caveat: Complex devices do not qualify for this program.
Over the last 15 years, the FDA has been taking progressively longer to clear 510(k) submissions, which now averages about 6 months.
http://www.emergogroup.com/resources/research/fda-510k-review-times-research
Failed spike Short at .1650 Cover at .11
Failed spike Short at .1650 Cover at .11
Climb A/H! Short at .14 cover at.08 love it
Bankruptcy or lawsuit next. Simple
Another great short coming Love it
Love shorting this In at.20 out at .14 Never holds a gain.
Well said Strike This is a huge loss to all of us Oh well Been there before