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PPJE financials have been posted.
The Quarterly Report and the "Discloser Statement" (sic).
http://www.otcmarkets.com/stock/PPJE/filings
$91,907 revenue (outsourced operations).
$128,732 Operating expenses.
Net income: ($37,029)
Earnings per share: ($0.0012).
Common shares outstanding: 7,710,836,058
Due to officers and directors: $1,117,100
Note G: Stock Issuance
During 2016, the Company issued 1,479,912,501shares of Common Stock pursuant to the conversion of debt and 2,100,000,000 for services. Five thousand shares of Preferred E were issued as incentive shares.
Part B. Share Structure
Item 4 The Exact Title and Class of Securities Outstanding:
The Company recently made a one for 100 reverse split of the Common Stock, payable July 25, 2016.
Common Stock
$0.0001 Par Value per Share
Twenty Billion (20,000,000,000) Authorized
7,710,836,058 Shares Issued and Outstanding as of June 30, 2017 Restricted shares 3,737,177,267
Public Float 3,985,781,791 OTC
Markets Symbol: PPJE CUSIP
No. 35369D505.
As of June 30, 2017, 119 shareholders on record and approximately 2200 shareholders in NOBO list.
I have been observing for years, Basu............some years ago I took a very small hit and for some reason or another, every few months I check in to see whats happening. She is a textbook study in pink sheet ceo scumbaggery. IMO
Awe 'cmon now, that's a little harsh isn't it?
From what I understand, all "loyal shareholders" will be rewarded (eventually).
I mean... she's already awarded very valuable bonus shares to some shareholders right?
And........... "loyal shareholders" were smart enough to DEMAND that Basu hire a scammy promo company to....
wait for it..lol
SHOOT PPJE TO DA MOON!
Oops. Didn't happen... but maybe next time.
What a cluster this has been.
Basu has been screwing shareholders for years...............IMO...as bad as it gets is Basu.
PPJE failed to file its financials on time. Now "Yield" on OTCmarkets.
http://www.otcmarkets.com/stock/PPJE/quote
What's AS/OS here? I can look just curious if anyone knows quickly
It's dead easy to short a $0.0001 stock, you just have to deposit $2.50 for every share you want to short.
So, suppose you want to short $1000 "worth" of PPJE shares, you'd have to keep a deposit of ... $25,000,000. Twenty Five Million dollars to make at most $1000 !???
Look around. Many $0.0001 stocks have been running. Those who know how to trade 'em have been making money. More than lunch money
I don't know if one can short a $0.0001 stock.
.0001 is worthless IMO.
What percentage of a penny is that?
Worthless.
Worthless stocks are those you cannot buy or sell in the open market. You can probably still get $0.0001 per share for PPJE.
Yes, PPJE shares are worthless.
.0001 is what fraction of a penny?
PPJE shares are not worthless. Check the trading today.
Does that make PPJE shares less worthless ?
Today's VWAP: 0.000028
Total trades: $50.40
Brokeass Basu needed munny for her August senior citizen bus pass.
Wonder why it's taking so long to implement the R/S.
As usual the latest financials do not contain any disclosure of "parnership" with any other company, or any trace of expenditures toward edible brownies.
With an unbroken track record of mendacious PRs, generally accompanied by some kind of "investor awareness" effort and heavy dumping of dilutive shares, any and all statement by the company ought to be considered with the utmost skepticism.
Flower Testing is dead. Of course RS coming.
I don't think a R/S is heading our way. They usually do them at least 2 years apart. The float is less than half the O/S. Also, they are located in FL. Florida is just now ramping up it's new medical marijuana laws. PPJE does testing and in Florida the Medical MJ has to be tested. This stock is crap right now, but there is still a chance in my opinion.
That will be the 4thR/S there's nothing to split no one owns any shares of this any more, I hope for they're sake. My question is when will the class action law suit get going, this is about the worst rip off I've ever seen in the penny world. She squeezed every fraction of a penny out of the share holders that she possibly could have and now there's absolutely nothing left to split. The stock just sits there and sits there, WTF.
Come on man, after R/S value should go to .10 cents , IMHO it'll never resist !! It should instantly drop from .10 to .05 cents, cheaper. Making shares cheaper.
I know I had a lot of speculation, I've read about Basu. I don't trust her .
Now I need to find out who are the people loaning the money.
What are there business making with Basu.
Imho , you own shares now, imho after R/S it'll go down 50% it's jus my opinion.
I know banks are making it easier to withdraw loans nowadays, but what I'm sure you still need some kind of???
I don't know,I'm just speculating, it feels like a lot of money for a dead ticker, and Basu background is stained with serious accusations. Only time will tell.
I want to call this ticker a SCAM , from previous unaccomplished PR , it sure showed itself to be a SCAM.
IMHO, something is coming, I want to see , has Basu started going to church and changed??
I don't know, I'm digging, I don't think I'll find anything good. But I will be back.
The Problem: FAILURE by a CEO in PENNYLAND, is not only an Acceptable Practice, it REWARDS a CEO... It's much EASIER for CEO to make money selling Company shares, than Build a Company.
Cheaper after the R/S ?? Cheaper than this?
Imho.. By the looks of it, Basu reputation is as bad as her ticker.
Now , why would anyone give her 5 million dollars??
I see no volume, so everyone here is stuck with there shares.(not me just dropped by)
Most likely, there's going to be a battle for shares after the R/S. investors will look to lower share prices.
Since there's no volume there'll be no resistance, making prices drop 50% after the R/S until dilution for the debt begins.
If she was selling the ticker , I can see 5 million being paid for it, but it's a loan, what the hell did she stumble over?? Imho.... why would anyone give Basu money?? I wouldn't give her .0001 cents.
7 billion shares, divided by 1,000 would leave 7 million shares.. a lot of room for dilution. She would need to sell 250 million shares at .02 to make the 5 million loan... she can't sell a free ice cream on a hot day..
After reverse split each share will be worth .10 cents. But I don't think it'll ever hold, even though they'll only be 7 million shares left. It'll only be worth 700k .
I'm lost. I'm sorry , I can't make sense of what's going on. Any advices ??
Is she looking to sell this ticker???
IMHO. My posts are my opinion, nothing else.
The Problem: FAILURE by a CEO in PENNYLAND, is not only an Acceptable Practice, it REWARDS a CEO... It's much EASIER for CEO to make money selling Company shares, than Build a Company.
Stinky pinkies like PPJE cannot attract "favorable finanacing". That's why these things fail and shareholders lose millions of dollars.
Couldn't find my readers, until sitting on them. OOPS!
I believe our financing is favorable this time to $PPJE
Lets just wait and see what happens.
Dilution will again begin after loans
After the reverse split, once GPL loans money to PPJE, it will probably only have to hold the shares for a short time before selling them into the market, and they'll likely receive shares at a discount.
Dilution will rapidly increase the share count again and push the price down.
With regards to your vision, if you're already near or farsighted, wear glasses or contacts and work at a computer display for a good part of the day, consider getting a prescription for "computer glasses" (glasses that provide crisp vision at the typical distance you are from the screen, rather than distance vision). I've been using a special pair for years, and they're great.
If you're crossing 40 or so, you might be seeing the effects of presbyopia, and may need reading glasses for "close-up" work.
Thanks for confirming "it has begun". Go $PPJE
btw, it sucks to have bad eyesight. Thx for correcting to $5,000,000
No, it's $5M. Probably related to GPL
Agree. Basu has been working on Something.
Go $PPJE
And perhaps related to a merger. Could get interesting...
10. Business Combination Transaction
Is this offering being made in connection with a business combination transaction, such as a merger, acquisition or exchange offer? x Yes
Clarification of Response (if Necessary)
proceeds may be used to acquire businesses
11. Minimum Investment
Minimum investment accepted from any outside investor $1000 USD
https://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=12172780
Appears to be an offering of debt
$500,000 has been raised and $500,000 is the remaining offering.
Go $PPJE
Yup. 1 share at .01. I'm not sure what to make out today's Form-D...
https://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=12172780
Well, im still in. I hope $PPJE soars.
I see it on Ameritrade for .01, they submitted Reg.D this morning. Something's cooking. IMO
Where do ya see a Penny? Screenshot?
I have level 2 for sure: PPJE is a buy at .0001!
.01 Epic!
Look 1 share traded for a penny. .01 Do you have level II?
PPJE .0001$ buy!
As expected, the financials show no trace at all of any investment into a food business.
Among many others, PPJE doesn't seem to have acquired nor rented a facility for food preparation.
Forget about the "groundbreaking" medical billing. We're moving into
mind quaking edible filling, California style.
PPJE
Weeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee
$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
I love that this company says it sells "groundbreaking" medical billing on their website. Please watch the demo they have for you located under AutoMed demo
https://www.ppjenterprise.com/automed-demo
This software is straight from 1998. They may think about updating their $250 templated website soon.
Love my PPJE. Been holding quite some time now. Good Luck Pocket, nice to see you here.
PPJE
Despite recognizable red flags PPJE
.0001 ask no bid looks favorable to me. No need to remind of how I can be reversed out or that it could get a CE designation. Anything is possible here or anywhere in the no bid lotto!
#NOBIDLOTTO.0001$
PPJ Healthcare Enterprises Inc. $
Nobody is shorting a .0001 stock.
The OTCShortreport is worthless garbage.
PPJE Disclosure Statement doesn't square with their financials:
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Only a Superior Medical Billing Service Can Deliver an Increase In Revenue for Healthcare Practice In Virtually Any Specialty
Over the past two-and-a-half decades, Professional Billing Service has had the pleasure of watching our clients increase their cash flows within four months of obtaining our services. We guarantee 30 percent in collections, though most of our clients realize an increase of more than 50 percent. We improve our clients' incomes by billing their services accurately and efficiently within the current industry standards.
Professional Billing Service continues to update its billing procedures to guarantee that our clients receive the highest collections available under the law, whether the payer is a private insurer, Workers' Compensation, Medicare, or Medicaid.
By perfecting our medical billing, follow-up and appeals processes to meet the ever-increasing demands of our client's practice, Professional Billing Service's specialized compliance procedures drastically increase cash flow, eliminate errors and limit payment denials.
Professional Billing Service was founded 30 years ago with a mission to guarantee its clients an increase in collections in a more efficient and effective way. With more than 30 years experience in the medical billing industry, our company is continually updating its processes to meet the changing needs of our customers.
Contracting with Professional Billing Service allows you to receive the highest level of service to your practice. If you are interested in more information about our services or would like to set up a time to meet with us in person, please email us or give us a call.
Over the past two-and-a-half decades. Professional Billing Service has had the pleasure of watching our clients increase their cash flow within four months of obtaining our services. We guarantee a 30 percent in collections, though most of our clients realize an increase of more than 50 percent. We improve our clients' income by billing their services accurately and efficiently within the current industry standards. Professional Billing Service continues to update its billing procedures to guarantee that our clients receive the highest collections available under the law, whether the payer is a private insurer, Workers' Compensation, Medicare or Medicaid.
Anesthesiology: 30+ years of coding, billing, and collections of complex anesthesia procedures.
Pain Management: 26+ years of coding, billing, and collections of complex pain procedures.
Ambulatory Surgery Centers: 20+ years of facility billing of all specialties.
Surgery: 29+ years of coding, billing, and collections of complex surgical procedures - all specialties.
Radiology/Interventional Radiology: 27 Years coding, billing, Workers Comp lien, collections.
LDL Apheresis: 13 years of authorization for service, coding, billing.
Regenerative Medicine: 6 years of coding, billing.
Blood Bank Services/(Pathology): 13 years, Only billing company in the country.
Compounding Pain Cream, Psychology, General Medicine, Internal Medicine, Obstetric, Chiropractic, Physical Therapy, and Massage Therapy: Billing and collections.
Ambulance/EMS: Billing and collections.
Workers' Compensation: 28+ years experience in Workers' Comp and PI liens as well as Workers' Comp appeals board and court hearings.
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. 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 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
http://www.otcmarkets.com/financialReportViewer?symbol=PPJED&id=65403
$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!!!
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 SharesWe 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.
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.
NEWS
https://www.otcmarkets.com/stock/PPJE/news
http://www.mmdnewswire.com/ppj-enterprise-ppje-ppjed-75331.html
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
websites :
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.
Mission Statement
To enable busy physicians to streamline their insurance billing process so that they can focus more of their energy into enhanced patient care. " PPJE 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.
Marketing Plan
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
• Make an smaller exhibitions of The Automated Biller 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 base price of the Automated Biller is $40,000; the marketing company will receive 50 percent of all sales 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.
Finance Plan
The finance plan is based on the following assumptions:
• Capital investment is still needed to complete software development and to research possible new modules to the current system.
• The base cost of the Automated Biller is $40,000 which includes all software needed to run the entire billing system and the licenses for one user. However, each medical specialty will be required to purchase their own module to customize the needs of the individual practices. The list of prices is attached.
• These financial projection numbers are only for 2009; PPJ is hoping to joint venture with a marketing company by January 2009 to get sales rolling quickly.
• These estimates are assuming the lowest possible profit under these sales conditions.
PPJE Team
Chandana Basu, CEO & President
Chandana Basu holds a B.S. degree in mathematics and minors in both physics and chemistry. Chandana is currently Chief Operating Officer of PPJ Enterprise (PPJE). Chandana has been successful in growing a previous billing service to generate over $20 million per year in collected billings from a core client base of doctors and hospitals in California, Florida, Washington state and Texas with minimum marketing and advertisement. Chandana Basu's company has been a pioneer in medical bill collecting from insurance companies for over 18 years, and has 14 years of experience in computer design and programming. Chandana is also the CEO and President of AutoMedT Software Corp. AutoMedT has pioneered new medical billing software that dramatically decreases inefficiencies in the medical billing process. "It not only takes an effective medical billing software program, but other consoles are needed to make the medical practice easier to manage such as accounting software links to QuickBooks Pro, automated posting capabilities, and simple patient schedule modules", she states. Many of the Automated Biller's innovations can be credited to Basu's extensive computer programming experience.
Abhijit Bhattacharya, VP
Abhijit Bhattacharya has been affiliated with the Company for over 12 years. In particular, he has connected the Company with several clients, has directed HBSGI's marketing program, and has promoted the business at various medical conferences throughout the country. Most recently, he has been officially appointed Vice President and is responsible for building new relationships with clients.
Payel Madero, COO
Payel Madero recently completed an MBA in Health Service Management. She is using this educational background to develop the Automated Biller in terms of achieving and maintaining HIPAA compliance. currently, she is completing RHIA certification which is sponsored by AHIMA to ensure that Healthcare Administrators understand and enforce HIPAA compliance. The RHIA certification coupled with the continual updates to the Automated Biller will ensure that its users will also be in compliance now and in the future.
Founder's Objectives
The executives of PPJE hope that within the next two years, the Automated Biller will be in most of the major markets throughout the country with the assistance of a third party marketing company. At this point, the Automated Biller research and development team will continue to release updates on their software and utilize the most up to date technology available to assist in medical billing management.
Transfer Agent: Pacific Stock Transfer Co.
Tel. (702) 361-3033
PPJ ENTERPRISE
1105 Terminal Way Suite 202
Reno, NV 89502
United States
Phone: 775-348-5735
Email: info@ppjenterprise.com
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.
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."
Chandana Basu
PPJ Enterprise Awarded Contract With New Jersey Pain Management Physician's Group
PPJE Financials Quaterly Update filed on NOV 2011
http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=37378
for PPJE trades
http://ih.advfn.com/p.php?pid=trades&symbol=PPJE
for PPJE monthly share volume report
http://www.otcbb.com/asp/tradeact_mv.asp?SearchBy=issue&Issue=PPJE&SortBy=volume&Month=8-1-2010&IMAGE1.x=0&IMAGE1.y=0
for PPJE SEC filings
http://www.nasdaq.com/asp/quotes_sec.asp?symbol=PPJE&selected=PPJEd
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