The name "Premier Publishing Group" is leftover from previous management, whose main focus was on media. New management took over last summer, with a focus on being an acquisition company to increase shareholder value.
To that end, they have signed an LOI with Xi'an Johnson in China; they are presently working on the financials so the deal can be completed--expected in the next couple of months. (Other deals are believed to be in the works--we won't know until an LOI is signed).
"Premier Opportunities" will spin-off these companies to allow them financial independence from the mother company. This will isolate Premier from dilution and such as is needed by the individual companies. Premier shareholders will receive shares in these companies.
Here is an example of how it will work, using BoldTV as the example (from the January 21, 2011 press release):
"Bold Acquisition Corp., Inc. will be using its platform as a standalone public company to seek out other opportunities in the media space which could include but not be limited to magazine publishing companies, movie libraries, sound byte libraries as well as other opportunities in the category.....Rather than have Premiere Publishing Group, Inc. finance those opportunities directly and dilute the common stock at this time we feel it is much more prudent and efficient to use the stand-alone equity of the Bold Acquisition Corp., Inc. subsidiary to finance these opportunities when they present themselves."
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