Premier Biomedical Inc (BIEI): Love this part. Pursuant to a Securit...

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Thursday, 01/21/2016 9:51:57 PM

Thursday, January 21, 2016 9:51:57 PM

Love this part.

Pursuant to a Securities Purchase Agreement that we entered into with Redwood Management, LLC on December 28, 2016, we agreed to reserve an additional 336 million shares of our common stock for issuance upon full conversion of promissory notes sold to them. Upon funding from Redwood, and repayment of debt obligations owed to two (2) existing noteholders, the 266 million shares currently held in reserve and referenced above will be released. Depending on how we repay the debt obligations to Redwood, we may or may not issue any of the 336 million shares of our common stock that are held in reserve for their benefit.

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11110573

OF COURSE THEY WILL BE ISSUED...THERE IS NO REVENUES HERE FOLKS....

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