Great Basin Scient (OTC:GBSN)

WEB NEWS

Tuesday, June 23, 2015

Research

May Look to add to our GBSN Short

GBSN ($3.30) - According to the Company’s 8K filed today, it amended and restated the terms governing the Series C Warrants and Series E Convertible Preferred Stock issued by the Company. We believe that holders of these warrants and convertible preferred stocks will be able to accelerate their conversion rights. Based on our calculation, if all the Series C Warrants and Series E Convertible Preferred Stock are exercised and converted, there will be 32.7 million new shares for the company, which will result in a massive dilution for the existing shareholders. For a full summary of the GBSN story, investors can reference our April 8tharticle, “Is Great Basin Scientific Just Another Pump and Dump?”


Friday, March 27, 2015

Pump and Dump Watch
Disclosure: GeoInvesting is providing this information for your edification and in no way has any affiliation with any promoters and/or newsletters disseminating information on GBSN, nor is GeoInvesting being paid to post this information. At times, the GeoTeam may trade P&D's on a long or short basis, depending on how we feel the momentum of the stocks will be affected by the efforts of stock promoters and any ensuing dumps.