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Sunday, February 27, 2011 10:24:57 PM
PPBL, FOFU, PSPW – Your eyes need to be focused on these plays this week!
http://xtremepicks.com/archives/2905
With PPBL’s price feed issues behind us now, we look forward to this week’s monster plays that can overshadow our recent winners DEGH (+4,500%), XYTS (+300%), and SGDH (+200%).
PPBL closed at $0.032 on Friday bouncing solid off a double bottom support. We are definitely looking to this week for some major moves by the company to kick this in high gear!
PPBL has been executing it’s plan in full force starting with their name change last week, insiders scooping up cheap shares, and with anticipation of updated news on the Letter of Intent with Xi-an Johnson Pharmaceutical Ltd.
Potential P/E multiple of less than 1!
Taking an excerpt from PPBL’s recent press release,
“Xi’an Johnson Pharmaceutical Ltd. is expected to generate $4 million in profits for 2010 or close to $20 million in revenue. We are currently completing our due diligence after a one week visit with the company in October and awaiting the audited financials for 2010 which are now being prepared. Due to the stringent filing requirements that fully reporting companies such as Premiere Publishing and Xi’an Johnson Pharmaceutical Ltd. would have, it requires nothing less than an SEC qualified audit for the reporting period of 2010 through the month of November.”
Taking only this recent acquisition of adding $4 million to the bottom line translate to an extremely low P/E ratio of less than 1! No wonder why insiders are scooping up PPBL share, a 10x P/E multiple is the industry average and that would mean more than 1,000% gainer once realized – pretty good risk return for sure!
About PPBL
Premiere Acquisition Group, Inc is a wholly owned subsidiary of Premiere Publishing, Inc, a publicly traded company on the OTC-QB exchange as PPBL-OTC.
Premiere Acquisition Group is currently in acquisition mode, nearing completion of our first acquisition, MyBoldTV.com.
MyBoldTV.com features unique shows, such as “Who The Hell is Dan Bruder”, “Catch Me If You Can” and “The Claw.”
Additionally, we are currently investigating more opportunities for acquisitions in North America, Europe and Asia.
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