Authentic Holdings Inc (AHRO)

[pennywars]

PPBL & FOFU started off the week in solid fashion posting gains and showing huge strength at support levels today. Our other recent feature winners DEGH (+4,500%), XYTS (+300%), and SGDH (+200%) showed similar patterns right before their mega breakouts.

http://xtremepicks.com/archives/2907

PPBL closed at $0.034 up 6.25% and clearly shows a bounce off support levels of $0.03 with indicators turning positive.


It’s not often we see a triple bottom support transformation which is one of the more bullish indicator and confidence that prices will return to an upward trend. PPBL technical trading today confirm just that – and all types of traders, short term and long term, will look at this as a significant buy indication. Combine this upward pressure with solid news, we have a mega breakout in the making.

PPBL may be looking solid technically but fundamentally, this company looks even stronger. We continue to wait for an update on the recent news regarding the letter of Intent with Xi-an Johnson Pharmaceutical Ltd. Once confirmed, this will add significant value to PPBL’s bottom line and stock price.

Expected to generate $4 million in profits for 2010 or close to $20 million in revenue.

That’s a huge headline not many penny stocks can claim and once the LOI with Xi’an Johnson Pharmaceutical Ltd. is completed, PPBL will show it in bold letters!

“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.”

Timing is crucial and jumping in for a position or accumulating at these level may prove to be a solid decision before we breakout – insiders are certainly loading up here, and we are definitely following their lead!

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.