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I will reply to any of your questions, haven't had time to check the place you are talking about out yet. All I said is Alex Messeroff has a big part in this company. Terlyn has alot of companies hooked to them, all the companies are very small or nothing in size. Something isn't right about all these companies, can't figure it out.
I don't know what you are talking about because I haven't private messaged you anymore. I never talk rude or treaten anybody, you are mistaken, If somehow I did hit the wrong button I do apoligize. I may not agree with you on Ramo but I would never disrepect anybody because they had a different opinion than I do.
Ramo and Terlyn
I done alot of research on Terlyn and it is the biggest mess I have ever seen. When you research Lynn Rushmore you get so many companies connected to each other you can't follow them.
When you look up Terence Rushmore you get another list of companies connected to each other. Alot of these companies started on the same day as each other. When you look up Alex Messeroff ( name sounds firmilar? you get the samething again. It is hard for me to understand what is going on. Under this company, Ramo will be able to purchase alot of these small companies. I did notice there are alot LLC, they basically have no reporting standards. The LLC's can't be sued are held responsible for anything they say or do. I am not through with all my research yet
You are not responding to any of the addresses I posted in my message. All you can find is a warehouse that looks deserted, at a different address. How do you explain the house in 1105 Eaton Court, Lakewood Co. or the empty field in Dania Fl.
You are right on this one, if PPJE has got something coming it needs to dump MinMar. Why would you hire MinMar to behine with, unless you wanted your news hyped.
Min Mar is representing a company that is a complete scam. By Min Mar doing this, it means they are on the shady side of things to my opinion.
The address in Lakwwood CO, Looked like a Brick house with a camper sitting in the driveway. They had 2.5 in Revenues coming out of that house, maybe the busines is underneath the house. In NC you can't run a business like that in a residential section.
The other address Greenstar Concervation, Dania Beach, FL
I couldn't even find an address, all it would show me is a field that looked like a junk yard. If I have got these address wrong please let me know and I will do more research.
In Ramo's pr they did say that Mrs Rushmore was in the Mortagage Business, due to last 3 or 4 years of slowing business she closed the company Key Finanical. Mrs Rushmore was banned from doing Mortagage Business in 2009, could that have something to do with the closing of Key Finanical.
Min Mar Marketing Group
I found this by doing research on a company that I think is far worse than PPJE. Their marketing people are the same as PPJE Min Mar, THIS IS NOT A GOOD SIGN. Now I know why we are getting the run around about you the new shares, want happen.
News on Ramo
If you want a good laugh this morning Earth Google these two addresses. Go Ramo
Greenstar Conservation USA LLC
115 North Bryan Road Suite 2d
Dania Beach Fl
Iron Horse Water Treatment INC
1105 Eaton Court
Lakewood Co.
If you bought this stock at 0001 and you are good, why are you still holding it? I don't care what the stock does because it is based on nothing. You said you can imagine what happend with all the news Ramo has. You said imagine, that tells me you have no basics for what you are saying.
Address the issues I talked about, nobody is willing to do that. To say these 100 million Dollar deal just didn't work out is not an acceptable answer. You said Ramo has moved to another company that had Revenues, what do you call 350 Million Dollar deals with GCD. These are not accusations they are facts, none of the news with Ramo came out with has ever come true. Just answer one of these unanswered questions I have. Where did the 50 Million Dollars go that Ramo had invested in the Romania project? Let me answer it for you, NOWHERE because the deal was a scam but it worked. Look how many investors, including me got ripped off by Ramo and now they move to Terlyn.
How can you say Ramo is a good company when they have no office, no phone, no employees, no internet, nothing. Remember this deal with Terylin is a MOU Agreement, not a binding contract because it was not stated. I thought we had a binding contract with GCD and 3 D Vision, what happened?
I don't think they have a IR firm.
RAMO
What happened to the construction in Romanis--Gone
What happened to the Fifty Million Dollars aloted for this program. Remember they are already started building --Gone
What happened to GCD, a company that Ramo purchased--Gone
What happened to 3 D Vision a company Ramo purchased--Gone
What happened to Envirotech, the new company that Ramo was supposed to come.--Gone
Where is their office-- Gone (never was)
Since none of these ideas panned out, lets try something different on the bag holders. I am waiting to see how many Millions they can pull out of this water plant. What is really bad about this Water Treatment deal, they are doing so bad they need RAMO.
All Ramo does is lie to investors, bottom line. There is no truth in this company what so ever. Everything they have been doing for the last 2 years is gone and that is OK. That means all their filing and prs were bogus with NO merit. All the shareholders kept saying was these are filings with the SEC so the news must be true. Guess what they are wrong, Ramo has just started a new round of lies. You must be a new investor because you can't be ahead if you bought last year.
The definition I read said it must state that it is a binding Contract to be binding and it does not say that. It really doesn't matter because this news is just like the GCD and Romania news. This deal is not worth anything but to get more bag holders to finanice Ramo's Hobbies
I wonder when the 100 Million Dollar contracts are coming in. Ramo still had 50 million left over from the last project.
When I do alot of research, I try to be honest in what I find. The things I said yes to are the positives I did find, compared to other sub penny stocks I have researched.
On the web site you are right but it is functional
The Phone they do answer, in most cases that doesn't happen. Most companies like this you can't even get a answer to find the CEO.
The address is Legit and they are working at the Stewart Plaza. I called Stewart Plaza and asked for the phone number of Professional Billing Service and I got it. You call the number and they do answer as Professional Billing Service.
This was the positive info I found out but there was also alot of negatives I didn't like. I don't know how legit PPJE business model is, I guess that is the big question
I don't know alot about Medical Billing but the ones online I checked out offer the samething at a much cheaper price. I just don't think PPJE can offer the support to back up a 40,000 software purchase. Everybody that sells these programs offer big time support, I don't see that at PPJE.
When did PPJE stock price go to 30 dollars, I haven't seen that yet.
I know what you are talking about on these Penny Stocks going busted. I have learned alot the hard way, so I kind of know what to look for in a Penny Stock. Things I look for.
Company with a Web Site, PPJE yes
Company with a phone number and they answer- yes
Company with a functional address- yes
These are the things I found positive about PPJE.
NEGATIVES
The R/S is the biggest negative
They never put names with their deals, only locations, a real negative. They do this so you can't check them out.
The prs are to general nothing concrete
All deal are estimations, 0 to 2million, who knows
They have been working on this software news for years now, a negative because they are just reprocessing old news.
If you go years back you will find that PPJE company is doing better according to the company. For some reason the stock price is the worst it has ever been.
If I had Software like this company claims it would have been out 2 years ago. If any of you had a company that had a product like this you would make sure it was done first and not last. PPJE paid their loan down last year instead upgrading their product, figure that one out.
You have asked some excellant questions, I don't believe she will reply. Farmboy you and I may not agree on PPJE but I do like this email. You are a good investor because you are asking the tough questions, getting the answers will be alot tougher.
If you check the Medical Billing Software alot of the companies offer EHR Billing. When you go to the internet to find Software for sale you can't find PPJE listed. How can you buy a product if is not for sale. The price they are asking is not reasonable with todays market. You can't sell software for 40,000 to a company, maybe one or two Thousand
You and all the Ramo longs have been saying the samething and it is not true. What about the nursing homes in Romania, the millions coming from there? What about 3 D Vison or GCD, we kept telling you they are lies told by this company Ramo. Now you want people to believe this garbage about the MOU agreement. I did call the water treatment place this deal is connected with. I asked for the PR person, she said we don't have one of them but I did talk to some guy name Jeff. All he would tell me is that they were still in talks with Ramo. It was hard to figure out because he said they were in talks but you look at their website and Ramo had taken it over. I'm sure it is more deception than we know.
I wonder what happened to all those Millions of Dollars Ramo collected for the Romania project.
Updated or Outdated Software
I done alot of checking on Adv Medical Billing Software, I can't find PPJE's Software listed anywhere. They talk about the best and worst products out there and PPJE is Not listed anywhere. PPJE says that this is the greatest Product out there when it is updated. I find this opinion to be strictly PPJE's and not the industry. This is why Basu sold the product to PPJE, nobody else would buy it for the price she wanted. If you look at the Software available now and the pricing, PPJE is WAY out of line. They dream about 40,000, maybe one thousand at best. The 40,000 does look better to shareholders, not realistic. I think their Software is as outdated as their computers are and that is why we don't see the upgrade.
What kind of email address is that, if that is the correct address I will email her
Usually a stock price indicates what the company is worth. I totally disagree with you on buying from a company like PPJE. We bought an Ice Maker for about 800.00 Dollars, from a company I didn't know of. I had a choice to buy it from another company I knew of that had a long standing name. The price was the reason I bought it from the other company. The Ice Maker broke down a month later, the company had gone out of business. Guess what we had to throw the Ice Maker away. If you treat 40,000 dollars that way you sure are taking a big risk
Memorandom of Understanding
This is not a legal doucment it is only a Gentlemans Agreement. The comapny says that they are still in talks
RAMO is a Fake
Ramo has decided to give up on building Nursing homes in Romania, what has happened. The lies didn't happen and never were going to happen. Ramo is going in a new direction, I wonder who will believe this. Now all these Muilti Million Dollar projects are gone where does that leave RAMO stock holder. Sell before it goes to .0001.
Drift we tried to tell them
I did talk to the IR Firm awhile back and they weren't happy with PPJE. The IR Firm told me that PPJE hired them and turned around anf fired them with no reason.
It is ok to buy from a small company but most companies will not buy from sub penny stock companies. I don't believe for one second you would give 40,000 Dollars to PPJE for their software if you could use it. I could see giving IBM or MSFT that kind of money but not PPJE. IBM and MSFT have the resources to back their product, PPJE has none. If PPJE goes out of business you have lost your 40,000 Dollars and to a smalll company that could be hugh.
You are right on that, no news, no volume means lower price.
Did Basu own HBSGI?
I think you have it wrong, she has put millions of Dollars of the shareholders money in this company. Basu is not stupid she know how to protect her own interest.
I have done alot of research on Penny Stocks that end up worthless. Alot of these companies like ppje buy another company or product from their CEO. The problem is the product or company isn't as great as someone claims it to be. Unfortunatley the CEO had something to do with the product or company they are buying. In most cases like this the product they buying isn't worth having and they are always going to finish it next week. That is why next week never happens, two or three years now. This is how these people sell this stuff and it doesn't look like they are doing anything wrong. I am beginning to wonder if Basu was the primary owner of HBSGI. I know companies do this but I could never put my finger on it with PPJE, until now. I know some of this is speculation but this is my opinion on what is happening at PPJE
Do you know how much stock Basu owned of HBSGI?
How did PPJE acquire Professional Biller from HBSGI?
Look what I have found
This is a old pr from HBSGI in 2005, this looks like a PPJE PR. Talking about a hugh deal in the millions and still want mention the name of the company the deal is with. Did the CEO of PPJE run this company out of busines, or exagerate them out of business. Maybe this is the answer I have been looking for, did PPJE buy HBSGI from our current CEO of PPJE?
Healthcare Business Services Groups, Inc. Receives Major
Billing Service Contract
with Pain Management Association
Valued to Increase Net Revenues by $10 to $12 Million Per Year
UPLAND, Calif., Sept. 13, 2005 (PRIMEZONE) -- Healthcare Business Services Groups, Inc. (OTC BB:HBSV.OB - News) today announced that it has signed a billing service contract with a pain management association consisting of 200 practices with one or more doctors when fully serviced.
"This opportunity is the greatest news for HBSGI shareholders," said Chandana Basu, CEO of HBSGI. "This contract could increase HBSGI's net revenue by $10 to $12 million per year when fully serviced. All new contracts are usually for one year, renewed for two years, but in many cases clients stayed with us more than eight years. Our proprietary software is now ready to handle many billing accounts and will allow us to add new contracts with minimal addition to staff or internal expenditures. We are fortunate to be in an industry which is easy-to-scale and expand without large capital expenditures and is in growing demand. Our existing infrastructure allows us to fill a consistent flow of new leads to create strong top and bottom line improvements this year and beyond."
About Healthcare Business Services Groups, Inc.
Healthcare Business Services Groups, Inc. ("HBSGI") is a provider full-service medical billing services and solutions and operator of surgery centers. The company provides traditional, customized medical billing services and support to physicians, providers, and healthcare facilities across the nation. In addition to its core medical billing services, HBSGI offers a comprehensive, full-service medical billing software product, AutoMed, Inc. We believe that is the only fully automated product on the market. HBSGI also plans to develop and operate surgical centers in several geographical markets. For more information, visit http://www.hbsgi.com/.
Forward-Looking Statements
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: This press release contains or may contain forward-looking statements such as statements regarding the company's growth and profitability, growth strategy, liquidity and access to public markets, operating expense reduction, and trends in the industry in which the company operates. The forward-looking statements contained in this press release are also subject to other risks and uncertainties, including those more fully described in the company's filings with the Securities and Exchange Commission. The company assumes no obligation to update these forward-looking statements to reflect actual results, changes in risks, uncertainties or assumptions underlying or affecting such statements, or for prospective events that may have a retroactive effect.
Contact:
Healthcare Business Services Groups, Inc.
Chandana Basu, CEO
(909) 608-2035, (909) 821-1419
Did you pay 40,000 Dollars for your software?
The way I understand it is that the software cost 40,000. You say you care nothing about support at that price, makes no sense. If it cost one hundred dollars maybe you are right.
Read this news
This was a article put out in late 2009 about PPJE. It sounds like PPJE is not telling the complete truth about their future. I am beginning to wonder if any of their contracts are legit. Especially pay attention the the paragraph about the R/S. Their opinion has changed.
PPJE VALUATION ANALYSIS - why will it be more than a penny by end of 2010
Here's why I believe PPJE will be more than a penny by end of 2010. PPJE is in the health care services industry, which is more than a $1.7 trillion industry. PPJE is in the Electronic Medical Records business which has been mandated by Obama for all hospitals/clinics. http://www.reuters.com/article/press...009+MW20090406
If we look at the history of this company, it was a successful company back in 2005, 2006. Here's news in Aug 2005 that has details on a contract that PPJE CEO 'Chandana Basu' signed with a large multi-specialty medical clinic and pain management center, that can double the company revenues to $4 MM.
- http://www.marketwire.com/press-rele...ith-657244.htm
In 2005, 2006, PPJE(then was HBSV) had the experience of generating more than $20MM per year with the same CEO that we have today.
PPJE hit a snag in 2007 & 2008, needed to shutdown the operations, and reemerged in Aug 2009. Its a second chance for PPJE to make it big, and till now, based on the progress in the first 6 months, it has done exceedingly well. During the second half of 2009, PPJE started with taking money from shareholders to support day to day operations, was able to sign some contracts, and I believe it now has enough cash flow from the signed contracts to take care of its business, and to sign many more new contracts.
During the past 4 months, PPJE has already signed contracts that can yield in excess of $1.5MM. PPJE is signing contracts with former clients, and is also signing up new clients. PPJE is hiring its former employees
, who can bring many more contracts and revenue to PPJE.
PPJE is in the process of extracting $4.5MM assets from its former client/director.
PPJE is going to give a 20% dividend on Nov 30, 2010 for all shareholders as of record Dec 1, 2009. This means there won't be a reverse split till Nov 30, 2010. Financially it doesn't work out for the company to reverse split the stock, and give a 20% dividend based on the shares before the reverse split. It doesn't work that way. So end of discussion on reverse split. Here's the link.
http://www.marketwire.com/press-rele...nd-1084852.htm
With respect to PPJE valuation estimate, tvmetguy has come up with a good estimation for the current fair price - http://investorshub.advfn.com/boards...ge_id=48440712
with respect to PPJE valuation estimate by end of 2010, here's my reasoning for why PPJE would easily be more than a penny by end of 2010.
- PPJE signed contracts in the past 4 months and can generate a revenue of $1.5MM
- signing the initial contracts is the difficult job. Now with more former employees onboard, with more expertise, and with credibility based on the initial signed contracts, I am expecting PPJE to sign many more contracts during the next 9 months. Taking a conservative estimate, if they go with the same pace, and continue signing $1.5MM worth contracts every 4 months, by the end of 2010, PPJE might sign contracts that are a total worth of $5MM.
- Remember, these are recurring contracts, and there is a good chance they would be renewed every year, unless PPJE screws up something. So money from all these contracts is a recurring yearly revenue for PPJE.
- PPJE is in the process of collecting $4.5MM from its former client.
- By end of year, PPJE will approximately have $10MM.
- revenue($10MM)/OS(4700MM) = 10MM/4700MM = 0.0021
- Applying a P/E factor of 20, we get the PPS to be 20*0.0021 = 0.04 which is 4 cents. Remember, health care services market has a higher P/E factor. P/E factor of 20 is very conservative for healthcare services industry.
- Even if we go by a very very conservative estimate, and assume PPJE can make only 1/4th of the above revenue, we would still be higher than a penny by end of 2010.
- Also remember that PPJE is currently on the REG SHO list, and even though it's temporary, it will increase the PPS in the short term to higher levels. http://www.nasdaqtrader.com/Trader.a...egSHOThreshold
PPJE is both a short term play, as well as a long term play. As I said in one my earlier posts, PPJE is a gold mine. It's a sleeper, and it's only going to go up. Mark this post.
This is all my personal opinion based on my DD on PPJE. Please do your own DD before investing. I believe PPJE is going to be higher than a penny by end of 2010.
PJ Enterprise (PPJ) is a leader in proprietary automated healthcare reimbursement cycle software, online health information digital-systems software and practice information management digital-system software. The company was founded in the year 2000. Headquartered in Reno, Nevada, we serve health care providers and general businesses worldwide. Our flagship product is our revolutionary medical billing software system.
You have to remember this is info put out by PPJE. I know a person that works for Blue shield & Blue Cross, I will ask them about the Billing process
I don't disagre with you on that but smaller companies can not get the big price for their software. The reason companies wouldn't pay the big price for PPGE's software is they worry about support. Companies like PPJE stand a 99 percent chance of being gone tomorrow. Why would I pay alot of money for their software knowing this, no way