BIEI – now known as Nova-Graphene Ballistics, Inc., Announces Agreements
Our first mention of $BIEI was in September Newsletter ‣ TradersQue ‣ 2022. The company $HALB had obtained BIEI – Premier Biomedical Inc’s intellectual property to be housed under HALB. Leaving the ticker $BIEI as a shell, making our hotlist of possible merger candidates for 2023. On November 22nd we released an updated article BIEI posts multiple disclosures – pointing to pink current status and possible merger ‣ TradersQue
Nova-Graphene Ballistics, Inc., has Acquired the Rights to Use, Within the United States, this Proprietary Technology for Lightweight, Extremely Protective, Graphene Ballistic Plate Production. News (novagraphene.com) Nova-Graphene Ballistics, Inc. (NG Ballistics) (OTC PINK: BIEI), now a Colorado corporation, announced today its restructuring and reconstitution as a marketer and seller of graphene products incorporating a proprietary low-cost methodology to produce graphene, the hardest substance on earth and one of the best conductor materials on earth.
Since September the company has dropped 10 disclosures and the latest company press release. With Attorney letters released for OTC guidelines, BIEI did in fact become pink current on Dec 16th, 2022 as speculated in previous articles. Want leading news and stocks ahead of the competition? Sign up! Free!!
On December 20th the company had a press release Premier Biomedical Inc. (OTC PINK: BIEI), now known as Nova-Graphene Ballistics, Inc., Announces Agreements to Manufacture its Revolutionary 3D-Printed Ballistic Armor Using its Proprietary Graphene Production Methodology.
The Company committed to a policy – no convertible debt instruments. And in order to avoid issuing any significant number of shares, it engaged in a holding company reorganization, as described below, so as to avoid any dilution whatsoever, to Nova Graphene Ballistics, Inc. from the historical debt instruments.
Director Paul Beasant (also CEO of affiliated Nova Graphene Canada) is excited to be working with the NG Ballistics team: “We look forward to this opportunity, partnering with NG Ballistics [Nova Graphene Ballistics, Inc.]. With this relationship, I look forward to bringing this next-gen technology to the market. This will enable us to fast-track our commercialization of 3D-printed ballistic plates, to help safeguard our military personnel.”
Physical address: 2409 Sycamore Drive, Knoxville, TN 37921
12,000 sq ft light industrial facility.
What is TradersQue’s expectations for BIEI? Well, we know Nova-Graphene Ballistics, Inc. has no convertible debentures outstanding and nearly no debt. The predecessor issuer’s debt remains in the original company, now a subsidiary of the publicly traded company. The Company is traded on the OTC Market, in full compliance with OTC Market reporting requirements. Nova Graphene Ballistics, Inc. is in the process of changing its name with FINRA and thus OTC Markets. As for price models, much is yet to be updated per quarterly filings. We can research a current annual revenue of approximately $786,000 to $925,000. With assets speculation a $5-6M market cap would be reasonable. We can also research Nova Graphene recent top competitors to keep our outlook in check.
Competitors Annual Revenue
Horizon Chemicals Ltd $6.4M
Andicor Specialty Chemicals $4.7M
WH Lubricants Ltd $4.4M
AS Paterson Company Ltd $3.8M
Oleo Energies Inc $5.2M