TIE INTO---FEATURED/FUTURE EVENT STOCKS

[mick]

putting these together for sticky one from PTL PPJE;

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=55497613

mod prety good from reads here. MITHRANDIR [belgian connection]there

at PPJE forum;
http://investorshub.advfn.com/boards/board.aspx?board_id=15839

casting some chat here;

http://investorshub.advfn.com/boards/msgsearch.aspx?SearchStr=ppje
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pt.#1-at pinks right now fer information fer all...
http://www.otcmarkets.com/stock/PPJE/quote
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=55497885
for now most important is their last financial reporting.

http://www.otcmarkets.com/stock/PPJE/financials
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http://investorshub.advfn.com/boards/read_msg.aspx?message_id=55498275

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this is an important read---pt.#2-A-at pinks right now fer information fer all...
http://www.otcmarkets.com/stock/PPJE/quote

for now most important is their last financial reporting.

http://www.otcmarkets.com/stock/PPJE/financials

i'm having problem at pinks.

will continue in a few minutes.

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http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=37378
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QUARTERLY UPDATE
FOR THE PERIOD ENDING SEPTEMBERF 30, 2010
ITEM 1: Exact name of the issuer and the address of its principal office.
PPJ Enterprise
1105 Terminal Way, Suite 202, Reno, NV 89502
Phone: [phone] Fax [phone]
Website : HTTP://www.ppjenterprise.com
HTTP://www.automatedbiller.com
HTTP://www.professionalbillingservice.net
Investor Relations: None at this time.
Security & Exchange Related legal Representations: (ATTORNEY LETTER & SEC Rule 144 OPINION ONLY)
Michael Morey, ESQ, 600 S. 8th Street, Las Vegas, NV 89101, Phone [phone]
Email: [e-mail]
Corporate Legal Representation in California:
Michael J. Hemming of Hemming & Associates, 300 W. Mission Blvd. Pomona, CA 91766
Phone [phone]
Email: [e-mail]
Transfer Agent: Pacific Stock Transfer Company, 500 Warm Spring Rd, Suite 240, Las Vegas, NV 89119
Phone [phone], Pacific Stock Transfer is registered with U. S. Security and Exchange.
Pacific Stock Transfer Company is registered with US Security & Exchange Commissions.

ITEM 2: Title: PPJ Enterprise
Class: Common Stock outstanding 5,484,175,298
Trading Symbol: ppje.pk

CUSIP: 693531D109
CIK: 54-541219
Par Value: $0.0001
Period End Date: 9/30/2010

Fiscal Year End: 12/31

Number of Common Shares Authorized: 7,199,900,000

Number of Class A Preferred Shares Authorized: 100,000

Number of Class B Preferred Shares Authorized: 300,000,000

Number of Shares Free Trading: 2,995,679,260

Total number of Beneficial Shareholders: 1
Total number of shareholders of Record: 160


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more financials
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http://investorshub.advfn.com/boards/read_msg.aspx?message_id=55500044

PPJ ENTERPRISE
CONSOLIDATED STATEMENTS OF CASH FLOWS
(Unaudited)
For the nine month periods ended
September 30
2010
2009
Net Income
Cash flow from operating activities
$
172,012
126,080
Net Gain
3,624
$
(81,801)
Depreciation and amortization
350
0
Issuance of shares for service (to be issued)
82,000
7,500
Amortization of shares issued for consulting
-
0
Shares to be issued for compensation
300,000
300,000
Beneficial conversion feature expense
-
Change in fair value of derivative liability
(65,700)
(106,901)
Increase in current assets:
Contract Receivables
383,711
4,458
Increase in current liabilities:
Accounts payable and accrued expenses (Payroll Taxes)
2,234
38,721
Litigation accrual
0
0
Accrued officers’ payable
910,000
910,000
Net cash used in operating activities
170,972
(203,931)
The accompanying notes are an integral part of the consolidated financial statements.
-
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from notes payable related party
168,000
159,455
5
Net cash provided by (used in) financing activities
85,000
NET INCREASE IN CASH & CASH EQUIVALENTS
-
CASH & CASH EQUIVALENTS, BEGINNING BALANCE
-
-
CASH & CASH EQUIVALENTS, ENDING BALANCE
$
186,000
$
244,455
Supplementary Information:
Cash paid during the year for:
Interest paid
$
12,098
$
30,197
Income taxes paid (to be paid)
$
800
$
6
NOTE 1 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND ORGANIZATION
(A) Organization and Nature of Business
The Company was incorporated in the State of Nevada on May 2, 2000, as Winfield Capital Group, Inc. On June 6, 2001, the Company filed a Certificate of Amendment to its Articles of Incorporation to affect a name change to "Winfield Financial Group, Inc." On April 23, 2004, the Company acquired 100% of the equity interest of PPJ Enterprise ("Healthcare"). As part of the same transaction, the Company acquired 100% of the equity interest of AutoMed Software Corp. ("AutoMed") and Silver Shadow Properties, LLC ("Silver Shadow") on May 7, 2004. Prior to the Acquisition (defined below), the Company was a business broker, primarily representing sellers and offering its clients' businesses for sale. As a result of the acquisition, the Company changed its business focus to medical billing. On January 7, 2005, the Company filed a Certificate of Amendment to its Articles of Incorporation, with the Nevada Secretary of State and changed its name to "PPJ Enterprise"
On April 23, 2004, the Company acquired 100% of the issued and outstanding shares of PPJ Enterprise, a Delaware corporation ("Healthcare"). As part of the same transaction on May 7, 2004, the Company acquired 100% of the issued and outstanding shares of AutoMed Software Corp., a Nevada corporation ("AutoMed"), and 100% of the membership interests of Silver Shadow Properties, LLC, a Nevada single member limited liability company ("Silver Shadow"). The transactions are collectively referred to herein as the "Acquisition." The Company acquired Healthcare, AutoMed, and Silver Shadow from Chandana Basu, the sole owner, in exchange for 25,150,000 newly issued treasury shares of the Company's Common Stock. As a result of the Acquisition, the Company has changed its business focus. The term "Company" shall include a reference to PPJ Enterprise (the "Company").
The merger of the Company with PPJ Enterprise, has been accounted for as a reverse acquisition under the purchase method of accounting since the shareholders of PPJ Enterprise obtained control of the consolidated entity. Accordingly, the merger of the two companies has been recorded as a recapitalization of the PPJ Enterprise, with PPJ Enterprise being treated as the continuing entity. The continuing company has retained December 31 as its fiscal year end.
Healthcare was a medical billing service provider that for over fifteen years had assisted various health care providers to successfully enhance their billing function. The accompanying financial statements have been reclassified accordingly and presented as discontinued operations.
PRINCIPLES OF CONSOLIDATION
The accompanying consolidated financial statements include the accounts of the Company and its wholly owned subsidiaries, AutoMed Software Corp., and Professional Billing Service. All significant inter-company accounts and transactions have been eliminated in consolidation. The acquisition of PPJ Enterprise on May 7, 2004, has been accounted for as a purchase and treated as a reverse acquisition.
NOTE 2. SIGNIFICANTACCOUNTING POLICIES.

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BASIS OF PRESENTATION
The unaudited consolidated financial statements have been prepared by PPJ Enterprise, (herein referred to as "(the Company"), in accordance with generally accepted accounting principles for interim financial information Accordingly, these consolidated financial statements do not include all of the disclosures required by generally accepted accounting principles in the United States of America for complete financial statements. In the opinion of management, the unaudited interim consolidated financial statements furnished herein include all adjustments, all of which are of a normal recurring nature, necessary for a fair statement of the results for the interim period presented. The results of the nine month period ended September 30, 2010 are not necessarily indicative of the results to be expected for the full year ending December 31, 2010.
(B) Use of Estimates
In preparing financial statements in conformity with generally accepted accounting principles, management is required to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenues and expenses, as well as certain financial statements disclosures. While management believes that the estimates and assumptions used in the preparation of the financial statements are appropriate, actual results could differ from those estimates.
(C) Revenue Recognition
The Company's revenue recognition policies are in compliance with Staff accounting bulletin SAB 104. All revenue is recognized when persuasive evidence of an arrangement exists, the service or sale is complete, the price is fixed or determinable and collectability is reasonably assured. Revenue is derived from collections of medical billing services. Revenue is recognized when the collection process is complete which occurs when the money is collected and recognized on a net basis.
License Revenue - The Company recognizes revenue from license contracts when a non-cancelable, non-contingent license agreement has been signed, the software product has been delivered, no uncertainties exists surrounding product acceptance, fees from the agreement are fixed and determinable and collection is probable. Any revenues from software arrangements with multiple elements are allocated to each element of the arrangement based on the relative fair values using specific objective evidence as defined in the SOPs. If no such objective evidence exists, revenues from the arrangements are not recognized until the entire arrangement is completed and accepted by the customer. Once the amount of the revenue for each element is determined, the Company recognizes revenues as each element is completed and accepted by the customer. For arrangements that require significant production, modification or customization of software, the entire arrangement is accounted for by the percentage of completion method, in conformity with Accounting Research Bulletin ("ARB") No. 45 and SOP 81-1.
Services Revenue - Revenue from consulting services is recognized as the services are performed for time-and-materials contracts and contract accounting is utilized for fixed-price contracts. Revenue from training and development services is recognized as the services are performed. Revenue from maintenance agreements is recognized ratably over the term of the maintenance agreement, which in most instances is one year.
Contract Receivable consisted of amounts due to from customers. The company has $383,711 receivable from current billing and collection clients as of September 30, 2010.
8
(D) Basic and diluted net loss per share
Net loss per share is calculated in accordance with the Statement of financial accounting standards No. 128 (SFAS No. 128), "Earnings per share". Basic net loss per share is based upon the weighted average number of common shares outstanding. Dilution is computed by applying the treasury stock method. Under this method, options and warrants are assumed to be exercised at the beginning of the period (or at the time of issuance, if later), and as if funds obtained thereby were used to purchase common stock at the average market price during the period. Weighted average number of shares used to compute basic and diluted loss per share is the same since the effect of dilutive securities is anti-dilutive.
(E) Reclassifications
For comparative purposes, prior years' consolidated financial statements have been reclassified to conform to report classifications of the current year.
(F) New Accounting Pronouncements
In February 2007, FASB issued FASB Statement No. 159, The Fair Value Option for Financial Assets and Financial Liabilities. FAS159 is effective for fiscal years beginning after November 15, 2007. Early adoption is permitted subject to specific requirements outlined in the new Statement. Therefore, calendar-year companies may be able to adopt FAS 159 for their first quarter 2007 financial statements.
The new Statement allows entities to choose, at specified election dates, to measure eligible financial assets and liabilities at fair value that are not otherwise required to be measured at fair value. If a company elects the fair value option for an eligible item, changes in that item's fair value in subsequent reporting periods must be recognized in current earnings. FAS 159 also establishes presentation and disclosure requirements designed to draw comparison between entities that elect different measurement attributes for similar assets and liabilities. The management is currently evaluating the effect of this pronouncement on financial statements.
In September 2006, FASB issued SFAS 158 `Employers' Accounting for Defined Benefit Pension and Other Postretirement Plans--an amendment of FASB Statements No. 87, 88, 106, and 132(R)' This Statement improves financial reporting by requiring an employer to recognize the over funded or under funded status of a defined benefit postretirement plan (other than a multiemployer plan) as an asset or liability in its statement of financial position and to recognize changes in that funded status in the year in which the changes occur through comprehensive income of a business entity or changes in unrestricted net assets of a not-for-profit organization. This Statement also improves financial reporting by requiring an employer to measure the funded status of a plan as of the date of its year-end statement of financial position, with limited exceptions. An employer with publicly traded equity securities is required to initially recognize the funded status of a defined benefit postretirement plan and to provide the required disclosures as of the end of the fiscal year ending after December 15, 2006. An employer without publicly traded equity securities is required to recognize the funded status of a defined benefit postretirement plan and to provide the required disclosures as of the end of the fiscal year ending after June 15, 2007. However, an employer without publicly traded equity securities is required to disclose the following information in the notes to financial statements for a fiscal year ending after December 15, 2006, but before June 16, 2007, unless it has applied the recognition provisions of this Statement in preparing those financial statements:
1. A brief description of the provisions of this Statement


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http://investorshub.advfn.com/boards/read_msg.aspx?message_id=55500277

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this is an important read---pt.#2-F-at pinks right now fer information fer all...
http://www.otcmarkets.com/stock/PPJE/quote

for now most important is their last financial reporting.

http://www.otcmarkets.com/stock/PPJE/financials

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=55500541

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