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Thursday, January 23, 2014 10:37:28 AM
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 minimum from a court case set for trial on 2/5/14. Also in the 12/23 PR, however the total sought is much bigger along with the potential for much more.
"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) Below are all the items where damages are being sought (add them up I counted 26M minimum monetarily let alone the non monetary)
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=95945852
4) 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
5) Share structure: Float is roughly 250M
6) A share distribution is also coming per a PR from a few years ago, the distribution will coming soon for long term shareholders, so the company cares about the shareholder
http://www.otcmarkets.com/stock/PPJE/news/PPJ-Enterprise--PPJ--Updates-Its-Shareholders-of-the-Bonuses-and-Dividends?id=64230&b=y
More info on the distribution:
http://finance.yahoo.com/news/ppj-enterprise-ppje-pk-updates-180258582.html
7) The chart is awesome as well,
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=95462245
Breaking out of a classic cup and handle pattern the handle actually developed into an ascending triangle, has now pulled back as the court date was pushed from 1/27/14 to 2/5/14, this is the time to buy imo.
-BB
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