Replies to post #13860 on Premier Biomedical Inc (BIEI)

[work-n-hard]

When they convert, that means that the company will have to issue those shares. You can't issue shares without accounting for them, or not account for them as the case may be. I don't think the SEC puts up with issuing shares and not telling shareholders about it.

[squidster]

Redwood can convert this month if it's in their favor. The 6 month and 1 yr rule is only an exemption to the 144 restriction.