Great Basin Scientific Inc. (fka GBSNQ)

[macdwatcher1]

here is an interesting scenerio for GBSN....forget about the smoke and mirrors by GBSN saying there is only 17 million shares of GBSN outstanding...thats not true....but this is the interesting part i just noticed.....GBSN after the last reverse split a month ago put in the perspectus that GBSN has 100 million shares of GBSN authorized...100 Million A/S look at the total volume for GBSN these past 12 trading days.....roughly 80 million of the 100 million is out ....in other words, the A/S is almost maxed...when that happens, no dilution can happen. so by next week or the folowing week, GBSN can not dilute because the 100 million A/s has been maxed....then watch what happens to the share price....i doubt you will see this go below 6 cents a share between now and then....just an angle to look at if you are in this GBSN play.