Friday, January 03, 2014 10:27:26 AM
PPJE DD the best story going into January:
1) 1 million dollars in non dilutive financing. PR issued on 12/23 states: http://finance.yahoo.com/news/ppj-enterprise-receives-1-000-173353831.html
Chandana Basu (Ms. Basu), the Company CEO, stated, "This funding will help the Company to jumpstart its ability to meet its objective to complete its Automated-Biller software upgrade, prepare documentation, package and prepare to market the product nationwide, develop the sales team and sell to generate revenue without the further dilution on the Company's stocks, PPJ business model is looking good and is ready to proceed as planned and the Company is now looking forward to moving past the last few years."
2) They expect a judgement of 5-7M from a court case set for trial on 1/27/14. Also in the 12/23 PR.
"The Company plans to pay this debt once its collection law suit settles. The Company expects a judgment of $5,000,000 to $7,000,000 from the collection lawsuit which is currently set for court trial hearing on January 27, 2014 in Los Angeles, California. "
3) There was previously trading restrictions such as TDAmeritrade, that have now been lifted. That in and of itself doesn't happen often.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=94583824
4) Share structure: O/S is about 444M , float no more than 220M, gonna hopefully get the most recent share structure updated on otcmarkets.com.
5) Apparently, a share distribution is also coming per a PR from a few years ago, the distribution will coming soon, looks like
everyone who owns it will receive something. http://www.otcmarkets.com/stock/PPJE/news/PPJ-Enterprise--PPJ--Updates-Its-Shareholders-of-the-Bonuses-and-Dividends?id=64230&b=y
Bottom line, no dilution, big judgement potential, otcs love future events and this one has big dollars associated with it.
The chart is awesome as well, http://investorshub.advfn.com/boards/read_msg.aspx?message_id=95462245
solid ascending channel bottom was hit on Friday.
I doubt you'll find a better story for January than this one
FEATURED Integrated Ventures Files Q3/2024 With Mining Revenues Of $1,983,250 And Positive Earnings Of $0.05 Cents Per Share • May 15, 2024 10:30 AM
Swifty Global Announces Impressive Financial Results for Q1 2024 • DRCR • May 15, 2024 10:25 AM
Branded Legacy Inc. Invites Shareholders to Celebrate Milestones at Open House: Announces Share Buyback and Commitment to Authorized Share Count • BLEG • May 15, 2024 8:30 AM
Alliance Creative Group (ACGX) Releases Q1 2024 Financial and Disclosure Report with an 88% increase in Net Income from Q1 2023 to Q1 2024 • ACGX • May 15, 2024 8:30 AM
Category V Biotech, Inc. Announces Letter of Intent to Acquire Genetic Networks, Expanding into Biotechnology Sector • CATV • May 15, 2024 8:00 AM
POET Announces Design Win and Collaboration with Foxconn Interconnect Technology for High-speed AI Systems • POET • May 14, 2024 10:09 AM