Premier Biomedical Inc (BIEI)

[EHRjunkie]

Hi, at the moment the OS is 7.4 million, but fully diluted it's something like 20 million. That's still nothing IF BIEI has closed that deal with the large distributor convenient stores. We will know very soon, if no press release before the end of march than forget it. But if he was able to close that deal than we will see revenue of some 400K next quarter and we're off to the races. The distributor will finance 50% of the needed stock and a bank the other 50% based on the purchase order.
So if you want to invest here you're making a bet on that deal with a large distributor. If it's on expect more deals like this one to follow. Big risk, 100% loss if he's lying, huge reward if news on the deal gets published.

JMO