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I have watched Basu turn the company around!! I will continue to be a loyal shareholder!!
$PPJE / OCT will be here before you know it ,I hope we get other news before then
http://www.lacourt.org/CivilCalendar/ui/mainpanel.aspx?CaseType=general
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=163489835
https://twitter.com/PPJEnterprise
$PPJE Filings
https://www.ppjenterprise.com/
https://www.otcmarkets.com/stock/PPJE/disclosure
It's true, chart looks primed for launch, could explain da zippity lip from Basu which is very very unusual.
She's going to blast off, taking advantage of the opportunities to add but it would be nice to get some sort of contract or something showing some progress with this endeavor.
I can’t believe this Basu charade is still trading.
Is Basu suing anyone this week?
What’s the PPJE scam du jour this month?
Unbelievable that she’s still at it.
I'm loading!! Silence is golden!!
trail went cold, Basu stopped pumping.
It’s coming just a matter of time.. I will say toward the end of this year or mid year will be very very fun.. unless we get a court update earlier
hope we get some Real News about $PPJE before OCT ... the earnings are looking better
Case Number: 20STCV42748
CHANDANA BASU VS NARINDER S. GREWAL, MD, ET AL.
Case filed on 11/9/2020
10/14/2022 at 8:30 AM in department 55 at 111 North Hill Street, Los Angeles, CA 90012
Final Status Conference
Case Number: 20STCV42748
CHANDANA BASU VS NARINDER S. GREWAL, MD, ET AL.
Case filed on 11/9/2020
10/24/2022 at 9:00 AM in department 55 at 111 North Hill Street, Los Angeles, CA 90012
Jury Trial
2022 will be a great year for PPJE mark it..
This is the year of PPJE!! I approve of this Post!!
Nice spike followed by a huge dump, what else is new.
The AS hasn't changed in months!! Fake News!!
What happened?? Did they increase the AS?? If not who cares about buying and selling!! It's the stock market!!
And without fail 10 minutes before the closing bell selling begins again, amazing how they lurk behind the curtain for 7 hrs just to dump in the last minute.
No mercy, the Pirates Code : "Take everything, Give nothing back "
Bid at 8 will be gone in seconds.
Sad, sad little woman.
If neither one of you get it by now, you never will, time to take action and complain to SEC as well as sue Basu for every penny lost by shareholders since the inception of PPJE for deception and false promises.
https://www.sec.gov/oiea/Complaint.html
P.S. But hey, all this dilution is bashers fault. LMFAO...what a joker she is....but we the shareholders are the real Clowns.
Hold on to your hats fellas, trading really happens here 10 minutes before closing and you'll need your hats since everyone will get a free haircut.
God Almighty cannot save anyone from Basu's greed and incompetence, it seems that all she did her whole life is suing all her business partners that somehow made more money than she did on the same business model she put together,...figures, but hey that somehow is supposed to make sense in courts.
All I can say is that her choice in partners makes her guilty by association....but what do I know,. I'm just a shareholder with no voting power.
But let's stay positive and look on the bright side, no PPJE shareholder will have no pay any Capital Gains this year, all we have to claim is Capital Major losses, stay woke.
How to become successful ?
1. Open a business.
2. Take your business public
3. Issue yourself preferred shares.
4. Fail the business.
5. Sell convertible notes at a fraction of a price to toxic lenders.
6. Sell your free preferred shares to your shareholders.
7. Take the proceeds from diluting your preferred shares and lend the money to your failed business that now owes you money because you ran it poorly.
8. Now your failed business aka shareholders owe you the money lent to your failed business cause you can't steer the wheel properly.
9. Max out the float and Reverse Split 1:100 ratio
10. Follow Step 1 through Step 9, 4 more times in 18 years and blame your failure on bashers on forums.
Gotta love Capitalism. Business 1O1.
The story of PPJE.
I lost at least $15,000 to PPJE over the years and $5000 of that was only in the last month alone, I have $400 for my 5 kids this Christmas because I made once again a poor decision to believe Basu's story, and that is on me,.. thx Basu,...one day we will sit face to face and that is a promise.
Enjoy and Happy Holidays everyone.
Millions upon millions of dollars in convertible notes to keep a failed business afloat for 18 years that only requires a computer with an internet connection and a phone line, FB is free to open a page (which has not been answered or updated since 2015, Twitter which is also free and many free outlets that would have PPJE listed on search engines without a need to pay Google ads., PPS of PPJE after 18 years and 4 Reverse Splits...0009.
I personally opened businesses with less than $4000 and ran them successfully for many years and was able to sell them away for $70 k and up, I cannot imagine starting up a business with millions in funding and still scrape the bottom of a barrel after 18 years.
Basu acts like a victim all the time and makes up excuses for her inability to run a vacuum cleaner because apparently someone keeps bashing her on forums,..here's a fun fact...It's not bashing if it's true.
And if she is a victim,....then, what are WE ?
Cause we lost here since PPJE went public.
What to expect now since the cat it's out the bag :
Note F: Convertible Notes
https://www.otcmarkets.com/otcapi/company/financial-report/315971/content
https://www.otcmarkets.com/stock/PPJE/disclosure
To finance its operations the Company has entered a series of one-year convertible notes.
In general, these notes are convertible into common stock at a discount of from 40% to
60% of the market price at the time of conversion. From December 24, 2013, and
continued to 12/31/2015, several convertible notes have not been converted yet and are
due and unpaid. During 2013, and 2014 the Company issued 22 notes with a face amount
of $516,480. Some of these notes were converted during 2015, 2016 and 2019. The
balance of these convertible notes is approximately $329,062 without interest and late
fees on December 31, 2019.
In addition, Ms. Basu carrying multiple notes which she lent
to the Company since 2002, a total of more than $3,000,000.
The Company is in default on third party notes and has entered negotiations with some of
the lenders.
F-13
2006 Notes
On June 27, 2006, the Company entered a Securities Purchase Agreement (the “Securities
Purchase Agreement”) with New Millennium Capital Partners II, LLC, AJW
Qualified Partners, LLC, AJW Offshore, Ltd. and AJW Partners, LLC (collectively, the
“Investors”). Under the terms of the Securities Purchase Agreement, the Investors
purchased an aggregate of (i) $2,000,000 in callable convertible secured notes (the
“Notes”) and (ii) warrants to purchase 50,000,000 shares of our common stock (the
“Warrants”).
Pursuant to the Securities Purchase Agreement, the Investors will purchase the Notes and
Warrants in three tranches as set forth below:
1. At closing on June 29, 2006 (“Closing”), the Investors purchased Notes aggregating
$700,000 and warrants to purchase 50,000,000 shares of our common stock;
2. Upon the filing of a registration statement registering the shares of common stock
underlying the Notes (“Registration Statement”), the Investors will purchase Notes
aggregating $600,000; and,
3. Upon effectiveness of the Registration Statement, the Investors will purchase Notes
aggregating $700,000.
The Notes carry an interest rate of 6% and a maturity date of June 27, 2009. The notes
are convertible into our common shares at the Applicable Percentage of the average of
the lowest three (3) trading prices for our shares of common stock during the twenty
(20) Trading day period prior to conversion. The “Applicable Percentage” means 50%;
provided, however, that the Applicable Percentage shall be increased to (i) 55% if a
Registration Statement is filed within thirty days of the closing and (ii) 60% if the
Registration Statement becomes effective within one hundred and twenty days from the
Closing.
At the Company's option, the Company may prepay the Notes if no event of default exists,
there are enough shares available for conversion of the Notes and the market price is at or
below $.05 per share. In addition, if the average daily price of the common stock, as
reported by the reporting service, for each day of the month ending on any determination
date is below $.05, the Company may prepay a portion of the outstanding principal amount
of the Notes equal to 101% of the principal amount hereof divided by thirty-six (36) plus
one month’s interest. Exercise of this option will stay all conversions for the following
month.
The full principal amount of the Notes is due upon default under the terms of
Notes. In addition, the Company has granted the investors a security interest in
substantially all its assets and intellectual property as well as registration rights.
The Company simultaneously issued to the Investors seven-year warrants to purchase
50,000,000 shares of our common stock at an exercise price of $.07. Which has now
expired.
The Investors have contractually agreed to restrict their ability to convert the Notes and
exercise the Warrants and receive shares of the Company’s common stock such that the
number of shares of the Company’s common stock held by them and their affiliates after
such conversion or exercise does not exceed 4.99% of the then issued and outstanding
shares of the the Company is committed to filing an SB-2 Registration Statement with the
SEC within 30 days from the Closing Date the Company will receive the second tranche
of the funding when the SB-2 is filed with the SEC and the third and final tranche of the
funding when the SB-2 is declared effective by the SEC. There are penalty provisions for
us should the filing not become effective within 120 days of the Closing Date. The notes
are secured by all our assets to the extent of the outstanding note.
About the 2006 convertible notes, the lender is in bankruptcy and the Company may be
able to issue Class B Preferred B Stock for these notes. At present, there are $1,118,557
of such notes outstanding.
Told you so...
Well, the market closed, that was intense, and another good day for Basu (The Wolf of OTC) she Madoff with $100,000 today,...funny misspelling isn't it ? I meant Made Off...coincidence, I think not.
2 more minutes left, God please cut her internet off, I can't take this abuse anymore.
5 more minutes left to trade, Basu can make 5 minutes feel like eternity, she makes everyone cringe looking at the screen, definitely too much evil power for one woman to have.
Enron looks like a good investment compared to PPJE....at least Enron went down once, PPJE goes down every year for the last 18 years, now that's Gangsta considering she has not been indicted once and still running this scam.
And it looks like dumping commences 20 minutes before closing,...why wait any longer...Merry X-Mas from Basu with love.
Ruthless Basu cleaning house, millions dumped in seconds.
75 mil Bid at 9 wiped clean at over 8 mil at 0008....see you all at 0.00001
PPJE SECURITY DETAILS
Share Structure
Market Cap Market Cap
5,835,320
12/21/2021
Authorized Shares 8,000,000,000
12/13/2021
Outstanding Shares 5,304,836,058
12/13/2021
Restricted
326,685,443
12/13/2021
Unrestricted 4,978,150,615
12/13/2021
Held at DTC
4,653,059,983
12/13/2021
Float 4,503,658,791
Next wave of shares to be dumped is 474 Mil shares.
PPJE Current Status
https://www.otcmarkets.com/stock/PPJE/news
Next-> Expert Market
GAME OVER !!!! Basu 1-Shareholders 0
Honest question here, what do you guys think you'll get for buying stock here ?
Cause sure as hell this company will never pay any dividend to anyone, so in all reality there's no value here whatsoever....seriously...what's the point ?
Do you not understand you'll never have enough buying power to control the votes or have a hostile takeover, Basu will make sure of no ownership outside her home for anyone.
It takes thousands of shareholders to maintain her lavish lifestyle, might as well send her a blank check everyday.
She made about $30,000 today, by the looks of it she wants $10,000 more since she added new shares at 001, yesterday she made about $45,000, she's racking up, she sure is billing us, but for no services at all.
...and Basu's hand is back in your pocket.
3 days is a run!! Anything else is just back and forth!! Lies about dilution!!
Oh yeah, I'm liking the way this puppies looking, Good times ahead.
Your black cards can make you money so you hide them when you're able, in the land of milk and honey you must put them on the table.
Basu up very early unloading worthless shares again, great job Basu.
Seen penny whale on this, when he posts it creates a buying frenzy but the price typically drops fairly quickly soon after. I think some players are looking to load 11s before taking it higher
posting silence, volume in, no dumps...lets watch twitter for more to come
Well that was a quick run, wonder if they’ll come back for more. Mostly buys last two sessions
Spiking on follow up to: FMW Media Signs 18 Part Series to Feature PPJ Healthcare Enterprises Inc. Across Its U.S. Linear Television Platform
June 15, 2021 10:15 ET
| Source: FMW Media Works Corp
https://ppjenterprise.com/
lets check
the "usual" brought us 0.015 and 0.0037 before, though :)
The usual Pump & Dump, what else is new with PPJE ?
nice to see this take off already...anything possible...nice revenues
Sure why not, she's just like Brandon...and look at Brandon, what a disgrace.
4 Loko Loser!! Basu for President!!
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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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