Great Basin Scientific Inc. (fka GBSNQ)

[Sgreg]

You have a situation here where outstanding shares has increased 5 fold in just a couple of weeks and yet sellers have not been meeting their obligations to deliver shares. That is insane, an explosion in shares but sellers can not deliver them. Only thing I can think of is that they started and continued to short before converting and actually having the shares to deliver. They very well may have used a huge chuck of possible future conversions that have not yet been converted and yet have used them already and sold (shorted). If that is the case then simply looking at the 18 million C series that are left would give a false idea of what is truly left because if a chuck of that was already sold then it is already in play, even if they have not yet converted. I do not see another way there could be such massive dilution and yet sellers can not meet their obligations to deliver shares. I myself do not own anything here but I am all the sudden very interested in this situation.