Premier Biomedical Inc (BIEI)

[stock_observer_77]

Pretty simple

I give you x number of shares for $1.6MM

You can't sell them for a year

The share structure has not changed and will not for at least a year if you intend to sell some at that point

In a dilutive mode you give me $1.6MM based on a VWAP. You want your $$$ back as soon as possible and will convert and sell at will until you get that $1.6MM back.

See the difference?

In the first case you gave me $$ because you believe that it's going to be worth much more in a year or more. You basically are investing in the company. You want to see the company succeed and you've seen enough to believe in it

In the ladder case you are in the drivers seat because I need $$$. You can kill the price of the stock and you really don't care - you just want your $$$ back plus some in the short term.