Garyst & All, my conversation with BIEI CEO...
After the dumping of shares yesterday I called the CEO
of BIEI, William (Bill) Hartman
. We had a long and great conversation. There were a series of questions I asked. The main thing that I learned is that the plan is not to repeat how the company dumped shares and ended with a reverse split. He has different plans this time moving forward that should not screw shareholders this time around.
I found Bill to be very genuine, but not really market savvy. My first questions of concern evolved around me asking him about the notes and note holders of the convertible debentures. He was not expecting for them to dump like they did yesterday. He told me that there are three of them. He was surprised that they came back to him to ask for more shares. He denied them. That leads me to think that they are either done or nearly done with the tranche of shares they had. I think it's obvious that they don't care about him and the shareholders and what people are going through during these difficult times. He was very disappointed and shocked that they dumped like they did to hurt the stock yesterday. Without going into many details, after talking with him more, I believe that he truly does have a huge plan for success that involves 100% non-dilutive measures to BIEI going forward. I do believe that he cares about the shareholders.
I asked him about a tweet that someone sent me about the deal and connections with a major university to further develop what they have that was recently released in the news. He said that it was true and that they have a lot more coming to tell about what they have. He truly believes that they have something huge that will help people with the coronavirus (COVID-19)
After doing my own research, I believe him. I've learned of some other information that's pretty powerful that at some point in time I will post. I didn't before because I wasn't sure of the situation with the notes and the intent of the company to move forward. I just want to make sure more of the dust have truly cleared.
I called the number that's listed in the recent PR that was released. Anyone can call as he does pick up which is a good thing. Most CEOs hide from their investors and won't talk to them. Here's the PR again for those who have not seen it yet:
Covid-19 Treatment Provisional Patent Application Filed; Premier Biomedical, Inc. Granted Global Commercial Rights
JACKSON CENTER, PA / ACCESSWIRE / March 23, 2020 / Premier Biomedical, Inc. (OTC PINK:BIEI) announced today the filing of a provisional patent application, Method for Treating and Curing Covid-19 Infection, by Mitchell S. Felder, M.D., the Chairman of the Board and Scientific Advisory Board Chairman of Premier Biomedical. Through its exclusive global patent license agreement, Premier Biomedical will have exclusive rights to practice the invention.
The patent application involves the removal of disease-specific antigens via an extracorporeal process. These antigens are associated with the ability of Covid-19 to replicate. By targeting these disease antigens with a complexing agent and causing them to bind together, the resulting molecular compound can then be removed in a brief clinical process.
Dr. Felder stated, "We believe that our extracorporeal approach could cure severely ill Covid-19 infected patients without causing any undesirable side effects, such as "cytokine storm", via the removal of certain non-structural proteins which the Covid-19 virus needs for replication."
William A. Hartman, President & CEO of Premier Biomedical, stated, "We are very excited to be involved in the pursuit of a cure for severely ill patients suffering from the Coronavirus pandemic. We have already received verbal agreement from a major university partner that they would be able to produce the necessary specific antibodies in a relatively short period of time. We believe that these antibodies may also be utilized as an intravenous drug therapy for Covid-19 patients in addition to their use in our extracorporeal treatment process."
Hartman continued, "The core of this technology is the selective removal of blood-borne antigens associated with the ability of Covid-19 to replicate, and is consistent with our patented core technology. This is explained in Dr. Felder's YouTube Video "A Scientific Roadmap to Cure Cancer" (https://youtu.be/BGdZqHH6oew).
"Premier has repeatedly proven in the laboratory that we can remove specific selected blood-borne antigens from a similar mixture using our patented technology. This intellectual property is an expansion of our two U.S. granted patents: Sequential Extracorporeal Treatment of Bodily Fluids, US Patent No. 9,216,386, and Utilization of Stents for the treatment of Blood Borne Carcinomas, U.S. Patent No. 8,758,287. Both patents can be downloaded from the Premier Biomedical, Inc. website, www.premierbiomedical.com.
"Scientists with whom we have consulted believe that our patented process could lead to a cure for Covid-19 without invoking any undesirable side effects, since nothing would be added to the patient's blood.
"We believe furtherance of this technology would offer hope to those who would become severely ill from Covid-19, and future similar disease outbreaks."
For more information please contact:
William A. Hartman
President and CEO
Premier Biomedical Inc.
About Premier Biomedical, Inc.
Premier Biomedical, Inc. (OTCQB: BIEI) is a research-based publicly traded company that intends to discover and develop medical treatments for a wide range of diseases in humans. Premier has obtained, via exclusive license agreements, the technology behind three granted US Patents, multiple pending provisional patents. Founded in 2010, Premier has partnered with the University of Texas at El Paso (UTEP). In 2016, the company began developing a line of all-natural pain relief products which they began selling in early 2017 to address the rising opioid addiction problem. The company's R&D efforts are centered in El Paso, TX, and their business offices are in Western Pennsylvania. The Company is a fully-reporting issuer whose common stock trades on the OTC marketplace maintained by OTC Markets Group, Inc. under the ticker symbol "BIEI." For more information please visit our websites: http://www.premierbiomedical.com and http://www.painreliefmeds.com
Safe Harbor Notice
Certain statements contained herein are "forward-looking statements" (as defined in the Private Securities Litigation Reform Act of 1995). Premier Biomedical, Inc. cautions that statements, and assumptions made in this news release constitute forward-looking statements and makes no guarantee of future performance. Forward-looking statements are based on estimates and opinions of management at the time statements are made. These statements may address issues that involve significant risks, uncertainties, estimates made by management. Actual results could differ materially from current projections or implied results. Premier Biomedical, Inc. undertakes no obligation to revise these statements following the date of this news release.
SOURCE: Premier Biomedical, Inc.
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