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What Is Going On With Premier Biomedical Inc (OTCQB:BIEI)?

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In the last trading session, the stock price of Premier Biomedical Inc (OTCQB:BIEI) declined more than 14% to close the day at $0.0041. The decline came at a share volume of 4.23 million compared to average share volume of 4.77 million. Earlier, William A. Hartman issued a shareholder letter wherein he stated that they are in the course of producing a latest tri-fold brochure intended to solicit prospective new direct distributors.

The details

In this process, it will comprise all of company’s current offerings along with the latest spray applicator to be launched soon. Premier Biomedical is working with a leading sports figure to turn a spokesman for their pain products and to offer access to the professional and college sports world. Hartman added that they have sent letters to the Attorney Generals and governors of Pennsylvania, Ohio, etc., who are actively setting law cases against Big Pharma firms involved in the distribution and manufacture of opioid pain drugs.

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They had also dispatched letters to the Trump administration mentioning their products as an all-natural option to opioid pain drugs and possible solution to the widespread opioid related deaths. He had a meeting in Pittsburgh with a key marketing and sales figure that just might change their entire marketing plan.

Detailed plans are being worked on, which will be discussed soon with an objective of being implemented starting in the last quarter of 2017. The CEO of Premier added that they cannot expand more at this point, however rest assured that they will aggressively follow all angles to achieve best results.

In an attempt to reverse the decline trend in stock price, the company has been taking several actions. Premier Biomedical has renewed its monthly deal with social media support group and finalized an agreement with a key stock support group out of Dallas.

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Trading Symbol

OTC: PLSI

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Trading Symbol

OTC: PLSI

The Next Big Global Cannabis Play