SEC FORM 4

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Pacific International Group Holdings LLC

(Last)

(First)

(Middle)

9440 WEST SAHARA AVENUE, SUITE 240

(Street)

LAS VEGAS

89117

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
PLATINUM ENERGY RESOURCES INC [ PGRI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

Director	X	10% Owner
Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
05/19/2011

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock, par value $0.0001 per share	05/19/2011		P⁽¹⁾⁽²⁾⁽³⁾⁽⁴⁾		91,884	A	⁽¹⁾⁽²⁾⁽³⁾⁽⁴⁾	13,582,180	D⁽¹⁾⁽²⁾⁽³⁾⁽⁴⁾
Common Stock, par value $0.0001 per share	05/19/2010		J⁽¹⁾⁽²⁾⁽³⁾⁽⁴⁾		91,884	A	⁽¹⁾⁽²⁾⁽³⁾⁽⁴⁾	13,582,180	I⁽¹⁾⁽²⁾⁽³⁾⁽⁴⁾	SEE FOOTNOTES⁽¹⁾⁽²⁾⁽³⁾⁽⁴⁾
Common Stock, par value $0.0001 per share	05/20/2010		P⁽¹⁾⁽²⁾⁽³⁾⁽⁴⁾		5,000	A	⁽¹⁾⁽²⁾⁽³⁾⁽⁴⁾	13,587,180	D⁽¹⁾⁽²⁾⁽³⁾⁽⁴⁾
Common Stock, par value $0.0001 per share	05/20/2010		J⁽¹⁾⁽²⁾⁽³⁾⁽⁴⁾		5,000	A	⁽¹⁾⁽²⁾⁽³⁾⁽⁴⁾	13,587,180	I⁽¹⁾⁽²⁾⁽³⁾⁽⁴⁾	SEE FOOTNOTES⁽¹⁾⁽²⁾⁽³⁾⁽⁴⁾
Common Stock, par value $0.0001 per share	05/20/2010		P⁽¹⁾⁽²⁾⁽³⁾⁽⁴⁾		1,250	A	⁽¹⁾⁽²⁾⁽³⁾⁽⁴⁾	13,588,430	D⁽¹⁾⁽²⁾⁽³⁾⁽⁴⁾
Common Stock, par value $0.0001 per share	05/20/2010		J⁽¹⁾⁽²⁾⁽³⁾⁽⁴⁾		1,250	A	⁽¹⁾⁽²⁾⁽³⁾⁽⁴⁾	13,588,430	I⁽¹⁾⁽²⁾⁽³⁾⁽⁴⁾	SEE FOOTNOTES⁽¹⁾⁽²⁾⁽³⁾⁽⁴⁾

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

1. Name and Address of Reporting Person^*

Pacific International Group Holdings LLC

(Last)

(First)

(Middle)

9440 WEST SAHARA AVENUE, SUITE 240

(Street)

LAS VEGAS

89117

(City)

(State)

(Zip)

Relationship of Reporting Person(s) to Issuer

Director	X	10% Owner
Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

GHERMEZIAN SYD

(Last)

(First)

(Middle)

9440 WEST SAHARA AVENUE, SUITE 240

(Street)

LAS VEGAS

89117

(City)

(State)

(Zip)

Relationship of Reporting Person(s) to Issuer

Director	X	10% Owner
Officer (give title below)		Other (specify below)

Explanation of Responses:

1. This is a joint filing by Pacific International Group Holdings LLC ("Pacific") and Syd Ghermezian (collectively, the "Reporting Persons"). (continued in footnote 2)

2. (continued from footnote 1) On May 19, 2011, Pacific acquired an aggregate of 91,884 shares of Common Stock from a third party for the cash price of $1.50 per share, or the aggregate amount of $137,826.00. On May 20, 2011, Pacific acquired an aggregate of 5,000 shares of Common Stock from a third party for the cash price of $1.50 per share, or the aggregate amount of $7,500.00. On May 20, 2011, Pacific acquired an aggregate of 1,250 shares of Common Stock through open market purchases for a cash price of $1.50 per share, or the aggregate amount of $1,875.00. (continued in footnote 3)

3. (continued from footnote 2) The ultimate economic interest in Pacific is held by certain members of the Ghermezian family through their direct or indirect ownership of various entities that own Pacific. Syd Ghermezian is the Manager of Pacific. As such, Mr. Ghermezian may be deemed to be the indirect beneficial owner with shared voting and dispositive power of the shares of Common Stock that Pacific may be deemed to directly beneficially own. Therefore, Mr. Ghermezian may be deemed to be the indirect beneficial owner with shared voting and dispositive power of the aggregate 98,134 shares of Common Stock that Pacific has acquired. (continued in footnote 4)

4. (continued from footnote 3) Pacific and Mr. Ghermezian may be regarded as a group. However, Pacific and Mr. Ghermezian disclaim beneficial ownership of the securities owned directly or indirectly by each other, except for their respective pecuniary interests therein. Pacific and Mr. Ghermezian also disclaim membership in any group. This filing shall not constitute an acknowledgement that either Pacific or Mr. Ghermezian is part of any group.

	/s/ Syd Ghermezian, Manager, Pacific International Group Holdings LLC	05/23/2011
	/s/ Syd Ghermezian	05/23/2011
	** Signature of Reporting Person	Date
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