Premier Biomedical, Inc. CEO, William Hartman, Addresses Current Challenges with The Stock Day Podcast
Phoenix, Arizona--(Newsfile Corp. - October 21, 2019) - The Stock Day Podcast welcomed Premier Biomedical, Inc. (OTCQB: BIEI) ("the Company"), a research-based publicly traded company that intends to discover and develop medical treatments for a wide range of diseases in humans. President and CEO, William Hartman, joined Stock Day host Everett Jolly.
Jolly began the interview by noting that the Company's stock has been struggling, and asked Hartman to give listeners an update on this situation. Hartman explained that the Company is currently working on paying off old debt, which was originally borrowed to fund the research and development of the Company's hemp product lines. However, after labeling products with "CBD" in place of "hemp", the Company was unable to sell on platforms like Google, Amazon, and Ebay. During this process, the Company also lost their credit card processor. "The business was decimated by more than 90%,'' said Hartman. As a result, the Company was forced to borrow funds and is now working to pay off their lenders. "We've got a plan to correct that,'' added Hartman.
Jolly asked Hartman to expand on the Company's correction plan. "We're reinventing the Company completely," said Hartman. "The name 'Premier Biomedical' is going to go away. We're going to be known as 'Technology Health'," added Hartman. He further explained that this will allow the Company to present a brand new image to the market. "We've also secured long-term financing of five million dollars at the best rates I've seen in the entire industry," said Hartman.
In regards to the Company's previous debts, Hartman shared that discussions with the lenders are taking place and additional solutions are being worked out.
"In the future we're going to be focused like a laser on only two technologies," added Hartman, noting that one of these focuses is on proving out a promising technology as a potential cure for PTSD. "Most excitingly, we're working on our Anti-Addiction Patch™,'' said Hartman. The Company has also acquired a company in the hemp oil space and is planning on expanding their product line.
The conversation then turned to the success of the Company's Anti-Addiction Patch™. "That is the product for the future," explained Hartman, adding that the Company has received the initial prototypes for this treatment. "We already have one patent on the ingredients, but we're seeking additional patents," said Hartman. He further explained that the Anti-Addiction Patch™ is made-up of three main ingredients, which include hemp oil, naltrexone, and cyclobenzaprine. "All of these ingredients are contained in the adhesive," explained Hartman.
He also shared that the Company has received international interest for this product, and is looking forward to meeting with the largest hospital complex in the country. "We have a meeting set with them at the end of the month," said Hartman. The Company is also working with one of the largest defense contractors in the country in regards to the Anti-Addiction Patch™. "We see this as a real move forward on the war on drugs," said Hartman. "It removes the high associated with taking illegal drugs."
To close the interview, Hartman shared that the Company is facing challenges, but is moving forward with aggressive solutions and is determined to succeed.
To hear William Hartman's entire interview, follow the link to the podcast here: https://audioboom.com/posts/7401707-premier-biomedical-inc-ceo-william-hartman-addresses-current-challenges-with-the-stock-day-po
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.
About The "Stock Day" Podcast
Founded in 2013, Stock Day is the fastest growing media outlet for Nano-Cap and Micro-Cap companies. It educates investors while simultaneously working with penny stock and OTC companies, providing transparency and clarification of under-valued, under-sold Micro-Cap stocks of the market. Stock Day provides companies with customized solutions to their news distribution in both national and international media outlets. The Stock Day Podcast is the number one radio show of its kind in America. Stock Day recently launched its Video Interview Studio located in Phoenix, Arizona.
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