Before you do anything else, try this. Turn the bars to the right, now lean the bike over until the master cylinder is the highest point in the system. Now slowly pump the lever a few times.
I'll bet you have pressure now...
Without doing this it was impossible for me to bleed the clutch or brake on my 907. When I did this is was quite easy to bleed it. You don't even need to open any bleeder screws, just lean the bike and SLOWLY pump the lever a few times. BE CAREFUL if you are doing this with the cap off! At first the m/c will pump air bubbles out, but then it will shoot a stream of fluid up and out. Some m/c have a little internal cover to prevent this, others don't.
It'll work, trust me!
On my 900ss I even deleted the clutch's bleed screw (not by choice, it was an emergency repair) and bled the clutch using this method. It's often a very simple problem when you look at it - when in place the master cylinder is too low to bleed properly and it will basically bleed itself if given the chance.