Suddenly, Premier Opportunities Group, Inc. (PINK:PPBL) broke up the gain. Yesterday, the stock lost 14.41% of its price, 
while its traded volume surged over 15 million shares.
The most peculiar fact about the loss turns out to be the latest promotions of PPBL. Yesterday, the stock has been promoted all day long, however, the alerts failed to pump up its price.
Along with the promotions, PPBL issued a piece of news on its business, which stated that the company has signed an advisory agreement with Flex Fuel Technologies Inc. and set a definitive closing date for its Premiere’s merger with Global Products, Inc.
The news was aimed to support PPBL, though at this point the result is negative.
Premiere Publishing Group, Inc. does not have significant operations. It intends to identify a business combination with an operating company. Three days ago, the company filed a notification of late filing related to its quarterly results, so the only financial data available remains the annual report of PPBL.[BANNER]
Unfortunately, the 10-K is full of risk factors which threaten the future operations of PPBL. Among these are the lack of cash, assets and revenues, accompanied by huge accumulated and stockholders’ deficit.
In addition to the history of losses of Premier Opportunities, its management state they may not be able to acquire an operating company and even if they complete such an acquisition, they will need to raise additional capital.
