No problem Obi!
So, thanks for the replies on the possible culprits and I am not sure if thats the case, well the temperature or humidity might....however, what you saw above happened almost instantaneously, which is why I stopped what I was doing and thankfully didnt paint the entire bottom half.
I got to sanding, started with a 150 grit and then a 320.....spent about an hour sanding and sadly I can still see the wrinkles a little bit. Not sure if there was a chemical reaction but I sanded it down as much as I could without taking too much of the surface off and re-primed it. It doesnt look half bad, not as smooth and shiney as I had it the few days before but Im a novice at this and have a feeling this is probably the best Im going to get if I want to finish this project anytime soon. Still gotta put on a high gloss coat before the chrome-effect. I will try to snap some pictures with the progress.