It sounds like your master cylinder may be toast. I was bleeding the brakes after a pad change and my master cylinder let go. I had no pressure, no resistance on the lever or pedal whatsoever. Luckily, thats not a very expensive or very hard repair to make.You can find new OEM master cylinders online for 50-60 bucks. All you have to do is undo all the lines, hook up the new MC and then bleed the lines until you have brakes again.
'06 Camo Grizzly with 26' Mudlite XTRs on Black ITP series 7's, Custom front and rear bumpers by OkieGrizz, Pro Taper Aluminum bars with a 3" riser, rear aux. lights, Warn 2.5 winch/synthetic rope, Yamaha overfenders, Highlifter springs, Twin Air filter and flange, Dyna CDI unit, full Ricochet Aluminum skid plates, Highlifter water temp gauge, PIAA bulbs,custom throttle and brake covers by Greg Reynolds,custom shifter handle, Mad Dog grips,PowerMadd hand guards and all my hunting goodies..