| Shares Outstanding || 598,387,437 || a/o Jan 27, 2014 |
| Float || 373,252,441 || a/o Jan 27, 2014 |
PPJE is ruled DTCC Compliant 2013
PPJ Enterprise (PPJE) is a Healthcare Finance company whose main purpose is to fund capital ventures of its growing subsidiaries. The company's mission is "To stand as the face of a public company to attract various investments to fund the financial interests of its subsidiaries. The goal of each subsidiary is to seek ventures that improve the financial health of medical and dental practices throughout the United States; specifically technology based medical record programs and advanced medical billing software systems."
Currently, PPJE has focused on one subsidiary in particular, The Automated Biller. The Automated Billing Company's mission statement is: ?To enable busy physicians to streamline their insurance billing process so that they can focus more of their energy into enhanced patient care. ? The company envisions that The Automated Biller?s will make the current mundane and tedious task of insurance billing for medical procedures quick and easy so that physicians are able to spend less time billing insurance companies and more time with their patients. By leveraging technology, the physician can save both time and money on their billing processes.
From Latest Filing
CONSOLIDATED BALANCE SHEET
MARCH 31, 2013
LEASE DEPOSIT 3,300
OTHER CURRENT ASSETS
TOTAL ASSETS 8,177,545
$15 Million dollar suit against Narindar Grewal on going :
During a trial between Ms. Basu and
Narinder Grewal, MD (Dr. Grewal) where Dr.
Grewal sued Ms. Basu for $3,000,000 claiming that Healthcare did not pay all money
received from his billing, and Ms. Basu filed counter suit complaining unethical
behavior of Dr. Grewal damaged Healthcare for mil
lions. in June of 2009, during
preparation of trial, Ms. Basu discovered documents from old records that proved Dr.
Grewal stole from Healthcare in excess of $500,000 per year for a period of 9 (nine)
years by using different scams. Trial was awarded to Ms
. Basu, judge decided that
money belongs to the company since Dr. Grewal's contract was with the company and
advised that company is to file actions against Dr. Grewal. Ms. Basu reported to the
Registrant's Board of Directors who then decided to file colle
ction law suit against Dr.
Grewal and his companies. The case filed in Los Angeles Superior Court on Dec 3,
2009, Los Angeles Superior Court, California Case no. BC427192,
Case set for criminal jury trial
Starting August 19th 2013
Headlines for PPJE!!!
Latest NEWS: '
PPJ Enterprise (PPJE) Forward Guidance Includes New Billing Contracts, Private Bank Backing RENO, NEVADA, Jan 27, 2012 (MARKETWIRE via COMTEX) -- PPJ Enterprise (PINKSHEETS: PPJE) (http://www.ppjenterprise.com/); a proprietary automated health care software company, is pleased to share its Corporate Overview / Forward Guidance with its followers.
CEO Chandana Basu Said "The recent economic downturn did affect our industry. PPJE was not immune. Simply, 2011 has been a rebuilding year for PPJE, as our long term shareholders can attest to. We bring attention to 6 different news releases we issued from June 9, 2011 headline, PPJ Enterprise Updates Its Shareholders. We are pleased to report that we have met or satisfied all of the targeted goals announced. What remains outstanding is the existing lawsuit where we are the Plaintiffs, and the dividend issue. Those two items are also being processed through their due processes.
We share the opinion of our US representatives and other economic and financial forecasters, that the worst of the economic times are behind us. We see a great future for PPJE. For example, the following is just some of the new and exciting developments at PPJE which are in the works, well under way, or close to fruition.
-- New business. New billing contracts in pharmacy billing, pain management billing and workers comp. collection accounts. -- New division being formed to accommodate a new line of business - financing medical practice, hospital account receivable. These are substantial accounts with a fee of 5% of total funding. -- Back office arrangement / financing with a private bank. Other activities
-- Additional attorney retained in the litigation case to insure all pre trial discoveries completed timely, -- PPJ Enterprise now in Twitter -- Updated OTC Markets Adequate Disclosure and Share Structure -- Current Share Structure Full Disclosure As Per Transfer Agent Records -- New Share Structure Reducing Authorized Shares From 7.3 Billion to 950 Million Shares We do acknowledge our followers inquiries regarding our recent share structure disturbance and the logic behind this. Simply there are rules and regulations that govern public companies as to when and how the company can announce a merger or a major acquisition. I can however say that PPJE management is looking at all options available, and that our Authorized Share Structure is being reduced from 7.3 Billion Shares to 950 Million Shares. We ask that our followers monitor our Financial Filings on www.OTCMarkets.Com web site for these and other official positive strides.
This is worth repeating. These are exciting times for PPJ Enterprise. We have many solid business developments in the works as aforementioned.
PPJ Enterprise (PPJE) Revenue Projections for 2012 RENO, Nev., Jan. 6, 2012 /PRNewswire via COMTEX/ -- PPJ Enterprise (PINKSHEETS: PPJE) (http://www.ppjenterprise.com/); a proprietary automated health care software company, is pleased to share with the public the estimated 2012 revenue projections for the company's business activities.
Based on the current company presence on the U.S. health care market, namely the current contracts and contract negotiations, the management of the Nevada based PPJ Enterprise estimates the projected revenues to reach between $1.5 to $2 million in 2012. This sum will include revenues from all the products offered by the PPJ Enterprise: pharmacy billing, pain management billing and workers comp. collection accounts.
Company CEO, Chandana Basu stated, "The U.S. Health Care Spending reached $2.5 trillion in 2010. We are actively focusing our sales activities, and we expect to fully capitalize from being located to the proximity to important U.S. markets such as California, which is one of largest markets for automated billing systems in the U.S.
PPJ Enterprise Awarded Contract With New Jersey Pain Management Physician's Group April 11
•PPJ Enterprise Announces Its Financial Results for the Fiscal Year 2010 Marketwire Wed, Mar 30
•PPJ Enterprise Awarded Contract With California Based Orthopedic Physician's Group Marketwire Mon, Mar 21
•PPJ Enterprise Announces That It Has Secured a $21,000,000 Workers' Comp Lien Collection Contract With a California Surgery Center Marketwire Fri, Feb 18
•PPJ Enterprise (PPJ) Retains DME Capital LLC to Implement Global Investor Relations Program Marketwire Fri, Feb 11
•PPJ Enterprise Announces That Its Subsidiary Professional Billing Service's (PBS) Gross Revenue Increased From $12,000 per Month During Earlier Months of 2010 to $80,000 to $100,000 per Month Since September 2010, an Increase of 700-800%, a Marketwire Wed, Feb 9
•PPJ Enterprise Announces That the Company's 4th Quarter Gross Revenue Is $236,213 Compared to the Prior Nine Months Combined Revenue of $172,012, a 165% Increase Marketwire Mon, Feb 7
•PPJ Enterprise Announces That the Company Became "Pinksheets Current Information" on 12/15/2010 After Going Through a Long, Hard Process to Comply With "Pinksheets" Requirements Marketwire Thu, Dec 23
•PPJ Enterprise Announces Today the Most Exciting News During the Last Three Years -- That It Has Reached Its Highest Revenue in August, 2010 Marketwire Fri, Aug 27
•PPJ Enterprise Updating Its Share Holders With News Marketwire Mon, Jun 28
•PPJ Enterprise Announces That It Plans to Enhance, Upgrade and Market Automated Biller Software During the Year of 2010 Marketwire Mon, May 24
Health insurance carries more risk than any other type of insurance; this is because all people are subject to illness at some point in their lives. As a result, medical insurance billing is very complicated; it has to meet the standards of loss verification to claim insurance benefits while maintaining the federally mandated and required Health Insurance Portability and Accountability Act. (HIPAA) Thus in the medical billing industry, accuracy is a highly regarded trait and is essential for provider reimbursement.
As the demand for medical services rise, so will the need for effective medical billing claim submission. Most traditional forms of insurance billing services use their internal processes to file and process claims. Insurance companies require effort on the provider's part in order for them to be reimbursed for services rendered. The task of providing medical service and maintaining the accuracy and understanding of medical billing code sets can be very overwhelming to any medical professional; thus medical providers can turn to The Automated Biller for ease.
The mission of the marketing team is to employ strategies to reach the target market. The sales mix includes:
* Developing the www.theautomatedbiller.com website with video presentations to detail the system and its operations
* Attend healthcare conferences and exhibitions in major cities around the country demonstrating hands-on Automated Biller workshops
* Search joint venture with a marketing company capable to meet the major target market, all healthcare entities, to assist in bringing the
Automated Biller into major medical markets nationwide.
The current retail price of the Automated Biller is $40,000; the marketing company will receive 50 percent of all sales less cost of goods for the next two fiscal years. Although this will reduce the potential profit of the Automated Biller, the marketing company can reach more effective markets with competitive costs. At the end of the 2 years, the Automated Biller can be bought back at 100 percent gross profits after it has reached major markets.
PPJ Enterprise (PPJE.PK) (Formerly Winfield Financial Group) is currently in development of a revolutionary medical billing software system, The Automated Biller. It is a medical billing system which is comprised of both hardware and software to perform all of the various practice management tasks. The system uses OCR/IMR scanning technology to allow physicians to bill their medical insurance claims at the point of service without data entry, coding or billing personnel. In 2004, there were 567,000 physicians with working privileges in the United States (bls.gov). The initial financial analysis shows that the Automated Biller has a great competitive advantage in that there are no medical billing system or service products that are currently commercially available that can handle multi-tasked clients in the healthcare industry. PPJE currently offers the Automated Biller on a customized basis for medical practices all over the United States. The company was founded in 2000 and is headquartered in Reno, Nevada.
PPJE's principal activity is a medical reimbursement consulting firm dedicated to helping medical practices become more efficient by reducing labor costs, lag time costs, and by increasing revenue through increased accurate billing methods. Practice costs will decrease because there will no longer be a need to outsource medical billing needs.
We are currently presenting PPJ Enterprise to the professional investment community. If there is any interest on your part, we would be pleased to provide you with more comprehensive information on the company for your review and consideration.
PPJ Enterprise (PPJ) , a leader in proprietary automated health care reimbursement cycle (all specialties), online health information digital systems and practice information management digital system software for health care and general businesses worldwide, has announced that its former subsidiary under the care of the Federal Trustee received order from Federal Court to proceed with its collection efforts on unpaid fees by many of the former clients who either refused to pay or skipped without paying company's billing collection fees.
Total gross uncollected billing is more than $60,000,000
that clients received payments directly in their office (amounts unknown). Per Trustee, PBS will get a contract to collect these bills to expedite collection efforts. This verdict further strengthens collection efforts of company's assets from its former client/board of directors.
"PPJ's legal counsel, who is representing PPJ in the State Court against its former client/director, has now been approved by the Federal Court to represent the Trustee to collect unpaid fees from its former clients, including the said former client/Board of directors who has made no efforts to pay back company assets; refused to pay billing and collection fees in excess of $5,000,000; and instead made multiple oppositions to delay and prevent PPJ counsel from being approved by the Federal Court."
"Our better days are ahead of us. This victory in the Federal Court is a huge milestone for the Company."
PPJ Enterprise Awarded Contract With New Jersey Pain Management Physician's Group
- PPJ Enterprise Announces That It Has Received Another Signed Contract From a Southern California Pain Clinic This Week That May Bring Additional Revenue of $100,000 in the Next 12 to 18 Months
- Marketwire(Fri, Apr 23)
- PPJ Enterprise Announces That It Has Received Commitments of Additional $2.5 Mil Worth of Collection Work From Existing Southern California Surgery Center Client This Week That May Bring Additional Revenue of $150,000 in the Next 12 Months
- Marketwire(Fri, Apr 16)
- PPJ Enterprise Announces That It Has Secured One New Large Collection Contract With General Surgeon in the Southern California Area This Week and Company Board of Directors Have Decided Against Reverse Stock Split
- Marketwire(Thu, Apr 8)
- PPJ Enterprise Announces That It Has Secured Several New Billing Contracts in the Southern California Area That May Yield in Excess of $1M in Revenue Over the Next 12 to 18 Months
- Marketwire(Fri, Mar 26)
- PPJ Enterprise Announces That It Has Secured Two New Billing Contracts in the Southern California Area That May Yield in Excess of $100,000 in Revenue Over the Next 12 Months
- Marketwire(Fri, Feb 12)
- BREAKING NEWS: PPJ Enterprise Announces That It Has Secured the Three Billing Contracts in the Phoenix Area That May Yield in Excess of $400,000 in Revenue Over the Next 12 Months
- Marketwire(Thu, Dec 24)
PPJE Financials Quaterly Update filed on NOV 2011
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