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HERE ARE THE HARD FACTS. CG doesnt care about building anything but the company and does not care at all what is said here. Like he told me "Price will follow performance and in a year you wont even recognize this company"
IF YOU DONT HAVE THE PATIENCE THEN GET OUT. THERE IS A GUY WITH A 13D ON FILE THAT WILL GLADLY BUY YOUR STOCK. MANAGEMENT DID NOT HOLD A GUN TO ANYONE'S HEAD A SAID BUY THIS STOCK NOW OR YOU WILL MISS A BIG MOVE.
If anyone bought based on what was said here a few years ago by the half wits and idiots that posted it was a "MOONSHOT" trying to hype the stock then thats on YOU GUYS who bought it.
You cant blame management for your immediate need and greed for returns back then. They are doing what they said they would do.
So welcome to the world of lonnnnnnnnng term investing or take your stock and sell it.
You can bet your sweet a%$ there will be a reverse stock split but it will be done with something like a reverse merger of a company. Does 40 stores in Korea and China sound about right? Or is it an acquisition of a larger company?
In either case the quality of people with this company are not here for a penny stock and Im sure they are not worrying what is being said here.
If there is one person here who has $50,000 in this stock let them be heard. Their eyes are on the prize of NYSE or NASDAQ listing next year. If you dont have a long term outlook from this point get out.
I HEAR THERE IS GOING TO BE A BRA BIZ for PREMIERE
www.geniebra.com
This product did enormous. It is my understanding that there will be a JV with another company owned by the majority owner of Tri Star Products, the inventor and marketing company behind the Genie Bra.
They are going to redoe the new one and market it as the Hollywood Bra. It will be available as bras and sets but in really nice patterns, colors and styles. Premiere is going to market it in China and SE Asia and it will be supported by US celebrities in the ads for it.
It is not finalized yet but in the works with a company called INVENTEL I understand who is the same owner of Tristar Products.
I guess a sports bra is not just a sports bra.
I understand that there is going to be a major association with CCTV which has a shopping channel with 800,000,000 eyeballs on it. I was told that they are working on the revamp of the Genie Bra which sold 50 million units in the US Canada and Europe.
The new revamp is going to be known as the Hollywood Sports Bra and will be advertised here with a celebrity and in China on the CCTV shopping channel. Now thats a behemoth of a product I think.
Holy Moly Batman!
Now you see why this place is a graveyard for stocks with the exception of the promos and scams that are active traders. There should be some chatter here. But there is none.
Thank God we are looking towards NASDAQ or AMEX early next year so we can get away from the Chinese Water Torture on this site.
LOL
News Worth Reading
Premiere Opportunities Group Closes Acquisition of Avani Holdings LLC
Premiere Opportunities Group, Inc (OTC: PPBL) www.premiereopportunities.com is pleased to announce that it has closed the acquisition of Avani Holdings, LLC. and also appoints new CEO and Board Seats.
Chris Giordano Premiere's Co Chairman and President stated “ We are extremely excited about acquiring Avani Holdings, LLC. The Avani brand http://www.avaniclothing.com/ will have the potential to become an internationally recognized brand thru the creative talents and very experienced hands of our new CEO and Board member Mr. Thomas H Witthuhn. I am pleased and excited to have Tom on board with us here at Premiere. Tom's vision, creativity, industry expertise and global contacts could potentially create a tremendous opportunity for this brand to become highly successful on a global basis.
Tom's expertise in the areas of executive management, sales and licensing will bring an added dimension to the overall effort of establishing a strong foothold for our brands as well as our other venues in both the production and distribution arenas.”
I am also pleased to announce that Michael Jay Rosenbaum has agreed to become the Co-Chairman of the Company along with myself. Mike brings to the table a world of experience in corporate governance as well as an invaluable database of contacts that will continue to aid us in creating incremental shareholder value. Michael was a Co-Founder of Sky Box the first trading card company in partnership with the NBA that was sold a little over four years after its creation to Topps/Fleer for over $400 million. He was also a co founder of South Beach Beverage (“SOBE) which was also sold to Pepsico for over $400 million 4 years after the company introduced its innovate beverages. Michael got his JD from Yale Law School and is a bastion of advice and guidance for our Company.
Mr. Omar Barrientos who has served the Company extraordinarily well in the past will remain on the Board of Directors for an extended period of twenty four months. Omar has been an invaluable asset to this Company and I. I have relied on his insight and counsel in the past and I look forward to working with him in the future.”
The important addition of Mr. David Kovacs to our Board of Advisors and as the Managing Director of Strategic Finance rounded out this group of already highly professional and successful individuals which will give Premiere every opportunity to potentially become a world class company in the apparel industry.
Thomas Witthuhn Premiere's new Chief Executive Officer stated, “I am thrilled to have the opportunity to work with Chris and his team and to execute our shared vision for growth. Our strategy includes combining a strong US branded presence with the international reach of the Premiere Opportunities Group. Avani , a domestically produced and nationally marketed active wear brand, will greatly benefit from these combined efforts. We will now be able to bring to market several innovative technical and product initiatives that we have developed, not to mention our new found ability to tell our story – hopefully in multiple languages.
The “DNA” of our new structure will be focused on building global brands and capturing exciting new opportunities throughout the world market.”
Chris Giordano further exclaimed, “This is a very exciting time for Premiere and its shareholders and we the management of Premiere appreciate the patience you have had while we carefully cleaned up the balance sheet and created the Genesis of what could turn out to be a substantial venue in the future.”
Now where are the NUMBSKULLS that want to dispute the integrity, valor and drive of our old CEO and our NEW CEO? What can you possibly say?
YES IT IS. AND IT IS WOEFULLY SAD TO SEE YOU LEAVE. BUT THAT ALSO MEANS WE ARE CLOSER TO AN EVEN STRONGER STOCK AS WE WEED OUT ALL OF THE DANDELIONS FROM THE GARDEN.
See what I mean Luna about the one sentence comments here? Its a site for the uninformed and wowfully unsophisticated. It is also a site for the penny stocks of the world and nothing more. Thank God we are outta here soon and on to bigger and better things.
Dont ever ask me to MOD this board or any other board on this site. You need to find intelligible life forms first.
My thoughts are people that hang around here and complain are just really filled with disdain for the company and no matter what the company does they will complain. The real issue here is do they even have a position to complain about? If they do they should sell it unless there is an S & M thing going on here with a few of them.
For that you need to go to another clothing company. LOL
Also remember they only started the operations in late January in only two stores now they are going to have eight by the middle of June. Cheap would be an understatement at that point. Plus they have the Avani acquisition that will close soon i understand.
First of all if you look at the original Cabe Studio announcement it stipulated that it was a joint venture. In addition, it also is incumbent upon the reader to understand the difference between a joint venture and a wholly-owned subsidiary.
I don't believe it is management responsibility to educate its shareholders as much as it is their responsibility to inform shareholders. I think you are looking to be educated and for that you need to turn to a finance 101 book.
A joint venture is usually 50/50. So when the 1st qtr is reported it is my understanding that there will be over $800,000 in assets in the JV carried at cost and several hundred thousand in revenue. In other words a 400-500 percent increase over first quarter. I was also that they will be filing the 10 q shortly.
A joint venture is usually 50/50. So when the 1st qtr is reported it is my understanding that there will be over $800,000 in assets in the JV carried at cost and several hundred thousand in revenue. In other words a 400-500 percent increase over first quarter. I was also that they will be filing the 10 q shortly.
Obviously you're not the sleuth you think you are. It has been exclaimed as a joint venture if you do not know what that is then you have never done one or been involved in one. There is no shares that are given out in this particular a joint venture it is a cash on cash sharing arrangement.
Obviously you're not the sleuth you think you are. It has been exclaimed as a joint venture if you do not know what that is then you have never done one or been involved in one. There is no shares that are given out in this particular a joint venture it is a cash on cash sharing arrangement.
It is a joint venture that's how it gets finance there is an outside investor putting up the cash and premier is guaranteeing the locations. the investor cannot dilute the company with this type of structure he receives a percentage of the cash flow. I spoke with them on this that's why they are in the driver's seat. it seems like you're trying to find holes and there are not any this guy knows what he is doing he has done it a dozen times before.
NEWS WORTH READING. NOW WOULD THIS GUY JOIN HERE UNLESS THERE WAS SOMETHING BIG BREWING?
Kinnelon, NJ, May 1, 2014 (GLOBE NEWSWIRE) -- Premiere Opportunities Group, Inc (PPBL:OTCQB) www.premiereopportunities.com is pleased to announce that it has appointed Mr. David Kovacs to its Board of Advisors and as the Managing Director of Strategic Finance for the Company.
Premiere Opportunities is a public holding company with two subsidiaries one which is focused on the design, manufacturing and distribution of apparel into Southeast Asia and Mainland China and the other subsidiary which specializes in strategic planning and advisory services.
Chris H Giordano, Premiere's CEO and Chairman stated "We are pleased to welcome David Kovacs to our team of dedicated and goal oriented professionals. Mr. Kovacs is currently the head of Investment Banking, Private Equity, and Research for the Americas, for Fitch Learning (Fitch Ratings.) Prior to his tenure at Fitch, Mr. Kovacs was a Managing Director at The Hinduja Group, one of the largest diversified finance groups in the world with over $50 billion under management. At Hinduja Group, Mr. Kovacs assisted spearheading the group's private equity investments and strategic relationships. He has held various Investment Banking and Private Equity roles at The Blackstone Group and Citigroup. I feel very strongly that David's diverse background gives him an ability to think outside the box. I am confident that David's knowledge and global reach will serve the management and shareholders of Premiere very well now and in the future."
"I am very pleased to be working with Chris Giordano and his team at Premiere Opportunities Group, Inc" stated Kovacs. I look forward to working with Chris and his team members worldwide to build upon the Company's reputation, and to help fuel their business through their organic growth and acquisition models."
Mr. Kovacs earned a bachelor's degree from City University of New York (C.U.N.Y) majoring in Economics, Finance, Biochemistry, and a minor in Accounting and Political Science. Mr. Kovacs completed all University course requirements in two years, and at eighteen years of age. He also attended Columbia University.
They showed $50,000 in revenue in the 4th quater. This quarter should be exponentially higher since they started operations in South Korea with just two stores in January. I understand the quarter will be filed in the next ten days.
I had this conversation with them and it was explained to me that in the very near future Trident Merchant Group, Inc will become a separate public company and Premiere will change its name and concentrate on apparel opportunities.
When Trident becomes a separate public company it will have holdings in 4-5 companys. Trident will distribute a portion of that stock as a dividend(s) to each shareholder of Trident Merchant Group, Inc.
That makes sense to me and is a very good plan of action. It goes to the old saying that sometimes the pieces are worth more than the whole. Those were his words to me and it holds true especially with this company.
The thing that is not happening here anymore is the dubiously credible bashers from the past. Pinky Tuscadero and the other non event are gone becasue the company is actually in stride. The consistent news about real operations and the inability for non credible people to sway stalwart shareholders has led them to leave a PARTY THEY WERE NEVER INVITED TO.
The problem here is there is no promotion going on so there are no short swings in the stock which usually are very short lived anyhow. Real investors are not involved because they dont trust penny stocks and with good reason. This in my opinion is about to change since the company is going to be cash flow positive shortly and when that happens there are a crop of buyers watching this that will jump in carefully. With the float being slowly sucked dry the stock will move alot more freely since there will be a very narrow float. This will lead to volatility but with a trend to the upside IMHO.
The expansion plans for the Company are substantial and I think this last bit of news puts a stamp on it. The first quarter will be out soon and we may even see the evidence of some earnings? Wow. Considering they just started operations in the last three months this is a spectacular feat by our management team.
30 Million shares owned by one individual out West? He must be in close touch with the reality of this situation. I mean come on who in this whole I HUB Universe puts $300,000 into a penny stock to begin with and then subsequently has to file with the SEC every time he sells? NO ONE.
This is a real deal and it is about to get reaeeeeeeeeeeler.
Luna I admire your efforts but this site is absolutely a site meant for nothing but short sighted, unintelligible, penny stock traders that look for the next pump and run stock and move on from there.
Thats why I dont come here often. God bless you my child for having the patience to deal with all of this as the moderator. Soon the company will not have to prove itself to the likes of IHUB followers and will be in the big leagues with pros.
It may see the pinks before it sees OTCQX becasue of its price but it wont be there for very long IMHO.
NEWS
http://finance.yahoo.com/news/premiere-opportunities-group-inc-open-132019394.html
Now thats really good news.
Financials will be on EDGAR tomorrow at 6 AM I understand. I dont think the finaicials will show much change since that will come in the first quarter filing based on my conversations. But I am interested to see what the Management Discussion portion of the 10K has to say.
Oh say it isnt so! Now who is the chartist around here peeps? Who is the proverbial man? LOL A major bottom formation with a close above the provious days close? Im so confident Im posting it before we close. Bids lining up higher that the previous days close also.
MACD, Willams%, RWS, Money Flow and Robert Prechter have NUTIN on me!!! Nobody calls a bottom better than I.
Have a nice weekend everyone.
FYI. Another positive article for those who can see the forest thru the trees.
[url][/url][tag]http://www.benzinga.com/trading-ideas/long-ideas/14/04/4442263/for-retail-gains-go-east-young-investor#ixzz2xwa2oEiG[/tag]
Watch young grasshoppers. Be like water. If you pour water into a cup it becomes the cup.
Be open minded and you will thrive by learning all the is to learn.
Be closed minded and you will be well I guess "Vinny Barbarino".
This is going to be just a barn burner in the months to come as far as year to year and quarter to quarter operations are concerned and the stock will follow.
Stock prices move higher and lower on ignorant anticipation. Stock prices soar or perish on operating results. The fact that they brought in a world class CEO like Mr. Witthuhn is good enough for me to feel self righteous about my opinions.
To the victor goes the spoils.
Was that a bottom I just called people? We will know in exactly 2 hours and 35 minutes. I dont need charts or the ridiculousness of all these charting tools.
I need volume confirmation at the bottom. This is what is happening right now intra day.
See ya higher IMHO
And by the way if you think there is even a little substance in charting a penny stock which you are entitled to your opinion on, then the stock now has tested the 52 week lows intra day successfully.
And in the event it closes above the low for the day it should as they have BOTTOMED OUT now and should start to potentially march North IMHO
Anyone who relies on this board for your Due Diligence should find another way to make money. The information supplied on this board seems to be devoid of any substance and lacks foundation unless you put stock in the one liners that seem to show up here all the time.
Im all for inteeligent discourse and opinions make markets in all walks of life.
And by the way charts lie all the time even on BIG BOARD stocks. To think a pattern on a stock that trades an average of $4000 worth of dollar volume a day is chartable is ridiculous. If someone bought $15,000 worth of stock it would change the trendline on this one.
If you dont speak with management on companies that are not followed by wall st analysts and you rely on hearsay you will turn up a loser almost all the time. Unless of course you have a Gordon Gecko type friend with a Blue Horseshoe bat phone. Which no one here has.
Have a good weekend and see you at bettert prices soon IMHO
Amen Herzog. Charts do not apply with any "non widely" held stock PERIOD. This you either buy the brains behind the curtain or you do not.
Because they need to hear themselves Herzog. Everyone wants to be heard. I speak with these guys regularly meaning once a week. They are looking for a solid second half with several million in sales from just the AVANI DIVISION alone.
Next year they are looking for over $35 MM in sales with several million in profit. If they even went to 500 MM O/S it would still be cheap here.
I think they have big yet solid and achievable plans and they make sense to me anyhow.
I would be hard pressed to think you can make a trade in a day on this stock. Let alone three Luna. I used to work on a desk for 15 years and this is not a stock you trade unless you are on a desk PERIOD.
They will not report the first QTR until May. So the next four weeks is an opportunity to accumulate if you believe they show revenue and will be profitable and also an opportunity to sell if you dont believe they will be.
They justy got themselves a world class CEO. What mango head would think this is a fluff and duff is beyond me. You have to be an ignoramus to beleive that.
The company will end up with well over 200 million shares Im sure. They have to clear up the remaining debt and raise some equity capital. So what if they do. If the company can earn substantial money its all a moot point anyhow.
To the victor goes the spoils. Lets see who the loser will be.
Premiere Opportunities Group, Inc www.premiereopportunities.com (OTCQB: PPBL) is pleased to announce that it has signed a Letter of Intent to purchase 100% of Avani Holdings LLC.
http://finance.yahoo.com/news/premiere-opportunities-group-inc-signs-160000124.html
Like I said before. As a CEO Chris Giordano is a little gruff, opinionated but easy to talk to.
Most important is the fact that he knows what he is doing. Guy is A GENIUS IMHO. Look what he is about to pull off here.
I have spoken with them in detail and they assure me that first quarter will show a profit. They have no overhead and nothing but sales Plus the debt has been reduced to just about nothing now.
The reason why the stock cannot hold a penny is this.
www.otcshortreport.com
Of the 11m shares or so traded in the last few weeks 5.9mm have been shorted.
At some point this stock is going to trade up with a vengeance and that will be a massive short covering you cannot continue to have a company grow from the ashes to a potential Cash Cow without there being upside pressure.