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New filing. Can anyone explain? http://archive.fast-edgar.com/20180629/AGZZB22CZ22FI2R3222M2MZ2KNCGZZ27ZJA2
"EXPLANATORY NOTE
DEREGISTRATION OF SECURITIES
Premier Biomedical, Inc., a Nevada corporation (the “Company”), is filing this Post-Effective Amendment No. 1 (this “Amendment”) to deregister all of the unsold shares of the Company’s common stock, par value $0.00001 per share, that were registered pursuant to a registration statement on Form S-1, SEC File No. 333-220268, filed with the Securities and Exchange Commission on August 30, 2017 and declared effective on October 26, 2017 (as amended, the “Registration Statement”), pertaining to the resale registration of up to an aggregate of 105,000,000 shares of Common Stock.
Pursuant to the undertaking contained in the Registration Statement to remove from registration by means of a post-effective amendment any of the shares of common stock being registered which remain unsold, the Company hereby amends the Registration Statement to remove from registration the shares of common stock covered by the Registration Statement that remain unsold."
Seems to me that all of those additional shares are now being pulled back... an anti-dilution move to shoot the PPS up. But, I may be misunderstanding this.
What will tomorrow's PPS settle in at? My best guess is somewhere around .245-.255, though higher or lower are certainly possible.
Nice update! "DALLAS , June 26, 2018 /PRNewswire/ --
North American Cannabis Holdings, Inc. (USOTC: USMJ) and Puration, Inc. (USOTC: PURA) today announced a substantial milestone in their recently disclosed strategy to expand their reach into the worldwide legal cannabis market expected to reach $57 billion in annual sales within the next ten years. The strategic plan detailed online is designed to capitalize on the two company's successes with EVERx CBD Infused Sports Water and the AmeriCanna Cafe and to build momentum behind their new cannabis cultivation and ecommerce businesses. The strategic plan presentation is available in its entirety on the company website. The milestone reached today entails both USMJ and PURA entering into respective agreements with two independently listed companies to facilitate the spinoff and dividends included in the overall strategic plan to expand their reach into the worldwide legal cannabis market. The company's plan to release a letter to shareholders aftermarket this Friday, June 29 th with more details on the spinoff milestone announced today. To receive an email of the shareholder letter, sign up on the company's website.
For more information visit http://www.aciconglomerated.com. "
PURA is very well-positioned to make $ for it's share-holders. That's DD... that's truth.
This symbol should be at .04+. That's no BS, it's truth. Yes, I own shares... not much, but enough to care. They are extremely well-positioned to make their shareholders quite a nice return, as soon as these next few months. In time we could see it over .10 and even .20+.
Canada becomes second nation to legalize marijuana https://www.cnn.com/2018/06/20/health/canada-legalizes-marijuana/index.html
Thank you, Moxa. =)
I've just put all of my investment $ into OWCP. I'm on disability and had just over 4k to invest. That'll tell you how excited I am about this stock and it's future. Monster upside. Strong team.
Thank you, Moxa! Monday should run up.
Once the word of Trump's comments gets out, I'd suspect we'll see a surge to .245-.25 by Monday or Tuesday. Thereafter, it'll settle in until the expected good PR that's coming (eventually).
Another GREAT post. Thank you.
Could see a small run up here. Maybe not so small. We'll see.
Very positive Congressional news just today: https://www.forbes.com/sites/tomangell/2018/05/17/congressional-committee-protects-medical-marijuana-from-jeff-sessions/2/#137128dd326a
This is excellent news for MJ and/or CBD stocks.
Exactly. Great post Zen. OWCP is strong... a risk? Sure, but one with a much higher reward for we invested in it.
We should see a rise to .25+ on the Bid side today, as there is a LOT of support at .24-.2425. Besides, the symbol is already undervalued.
Agreed. Good sign for /\ going up.
Nice to see that 200,000 Bid.
Repeating, but should hit .25-26+ by tomorrow.
In other words, a lot of room past .2377
Big gap above the Ask into .25's. =)
Yes. We should see a steady rise to .26+, eventually getting to about .30.
Could retreat back to as low as.23, since it didn't break through. Now a wall sits at .27. Hard to say what to expect, but low volume not a good sign thus far. Still hopeful it can run, but perhaps not today.
Chart shows likely resistance at .30. Could bounce beforehand, but hopefully we'll see a push up today over .28+.
Late profit taking, but closed above .27. Excellent news for further ticks up. .30 may be some resistance, but we'll push through at some point.
Chart shows history of .27 & .30 resistance, but .27 may be very weak.
Agreed... just hit over .25. Big bid.
Once this breaks .25 and closes above, we'll see a steady climb up. Regardless of where it goes, the payoff will be very nice indeed.
Great post. This symbol is percolating for a rise way up. Not pumping, but stating an opinion based on facts.
Agreed Moxa... surprising resistance, but it'll break soon.
The chart shows a possible .30+ soon. With this news, once we break through the shares on the Ask side between .243-.252, it'll run.
Nice gap on the Ask side above .23 to .2489. Once .23 breaks, we'll see this settle into the normal .23-25 range.
Should pop back up to .23-24 shortly... likely settle in and see a slow rise toward .25 by Friday. This is such a strong management team and longs (and even flippers) will see a nice profit.
Great post and TRUTH. Going up where it belongs.
This should settle in around .24-.25. Probably .24 today.
With these earnings, this should hit .33+. .32 minimum and probably be in a holding pattern, bouncing between .32 and .35.
The chart shows it could run to .05... though not likely that high today. Could see a rise to .043+ today.
.04 seems realistic today... if not, then by next week. It'll be interesting to see whether it can run to previous highs.
Nice to see that a BUY rating occurred from AmericanBulls.com two days ago (accurate) and even after the run up they are sticking with holding long, instead of selling. Could we see .04+ today?
https://www.americanbulls.com/Default.aspx?lang=en
I'm curious what exactly the new S-1 means... it's hard to understand most Edgar filings.
What makes you say that?