Replies to post #37672 on Premier Biomedical Inc (BIEI)

[m1ocha]

Yes...a list is on the PR.

[balamidas]

506 are always sold to Accredited Investors and In the United States, to be considered an accredited investor, one must have a net worth of at least one million US dollars!


a 506 is like a Private Placement

Purchasers of securities offered pursuant to Rule 506 receive "restricted" securities, meaning that the securities cannot be sold for at least a year without registering them.


https://www.sec.gov/fast-answers/answers-rule506htm.html

https://www.forbes.com/sites/mraneri/2015/03/11/the-new-abcs-of-private-placements-506b-and-506c/#384a6bf4248c