Great Basin Scientific Inc. (fka GBSNQ)

[ntbiotech]

One more thing:

There are few important factors per recent filings to keep an eye on:
1) earnings - see how much cash the company has and what the cash burn is. That will tell you when they need to raise money.
2) the holders of the warrants have committed to the company that they won't sell until $3 or $4 and Sep/Oct time frame depending on the circumstance. This is an important factor. The company is not going to do another raise until those investors are paid - this creates a price target for this stock. Of course when the company has not been able to keep commitments in the past, they have renegotiated with the holders so that is important to keep an eye on. Any changes in commitments.
3) the company has 5 FDA/ 6 CE approved assays and one about to to get approval from FDA and another about to be submitted to the FDA - that is no small accomplishment. There could be other companies wanting to get into molecular diagnostics wanting this.
4) at this time the company has 2 million shares in float and have about $1.5 million that they are able to sell shares and add to the float. So far they have shown good responsibility to manage and not just blindly dilute.

These are the only facts right now. The last two years these facts did not exist.