Great Basin Scientific Inc. (fka GBSNQ)

[bullforever]

long way to go

"From September 15, 2015 to the date of this report, 100 shares of Series E Convertible Preferred Stock were converted and the Company issued 400 shares of Common Stock to settle these conversions. In addition, 718,920 Series C Warrants were exercised via the cashless exercise provision in the warrant resulting in the issuance of 19,391,262 shares of Common Stock. As of the date of this report, there are 88,331,396 shares of Common Stock issued and outstanding.

As of the date of this report, there are 144,011 shares of Series E Convertible Preferred Stock outstanding and 15,365,663 Series C Warrants outstanding".

http://biz.yahoo.com/e/150918/gbsn8-k.html

Now each C warrant needs about 30 shares, so if price not decrease further we need another 450MM shares for remaining C warrant.