PPJ Healthcare Enterprises Inc (PPJE)

[Ed the Trader]

What you conveniently neglected to mention was that was a court trail and not a jury trial - big difference.

The upcoming trail is a jury trial comprising of representatives from the public, who don't have law degrees and decades of litigation experience, and who can be easily swayed one way or another based on a emotional testimoney from an east asian origin woman in her early 60s whose business was financially bankrupted by the shrewd dealings of a member of her own staff, a greedy and corrupt director, who defrauded the company out of millions in revenue to personally line his own pocketets. He later used those funds, in wilful violation of his contract, to start a competing business, and directed his former clients to his new business.


What jury would not be convinced by such a sob story?

All the other stuff you keep bringing up (past court cases, judgements, bankruptcy filing, etc) is NOT relevant to the current case and the Judge will not allow the defense to introduce such material to the jury.

Joe still didn't quite convey the full implications of the fraud and thief involved.

Even if the result of the trial would be that, as Janice likes to suggest, Basu ended up on the wrong side of the "who owes money to who" issue, you can put that aside and realize that:

1) Grewal was a member of the board of directors of PPJ Enterprise, and as such, was bound by a non-compete agreement,

2) Grewal stole intellectual property which belonged to PPJ Enterprise,

3) Grewal hired away critical employees away from PPJ Enterprise to start his own competing business in direct violation of his binding non-compete agreement,

4) Grewal defamed PPJ Enterprise by informing all of PPJ's clients that PPJ would steal their money, and whether or not this was true (still putting aside the money issue), Grewal had no right to do this,

5) Grewal used the fear, uncertainty and doubt (FUD) that he created in ALL of PPJ Enterprise's clients to steal most of them away for his own newly-formed business, or the FUD drove them away to use a different vendor.

Still putting aside the thief of funds from PPJ Enterprise, if Basu can prove her contentions that I have enumerated above, it is VERY clear that Grewal systematically and intentionally attempted to completely destroy PPJ Enterprise.

These actions all do not involve the stealing of corporate funds aspect, and any of them are enough to gain PPJ Enterprise a very large award from the trial.

The total restitution for damages that PPJ Enterprise is requesting in its lawsuit is over 26 million dollars. Even a fraction of that would be a huge deal for a corporation which currently has a market cap of only $894,100.