Replies to post #36745 on Great Basin Scientific Inc. (fka GBSNQ)

[Drugdoctor]

The price is now in mid $1 range and the pressure is to the upside as there appears to be no dilution and the incredible tiny float here would lend support to the idea that the $3 convertible floor should be hit... Let's see what Ashton has in store to kickstart the stock back to that level!

[BRoberts1982]

Well, here is what I suspect will happen going forward,
.....since you are asking.

GBSN will do what it always has done.
WHAT IT IS VERY GOOD AT DOING.

GBSN will report in the next quarter and several quarters going forward, MILLIONS OF DOLLARS IN LOSSES.
They will need to borrow money for those continuing losses.

They will MASSIVELY DILUTE with the continued TOXIC LOANS they make.

They WILL not miss one EXECUTIVE paycheck.

It is easy to see that is what is going to happen as that is what GBSN does and has always done. Its not rocket science it is a BROKEN BUSINESS.

This is a traders stock, nothing more.