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If this news doesnt move the PPS I dont know what will.
I keep doing the math and coming up with around 700 million floating. Unless the listed float counts some of the nearly 3 billion shares she personally owns.
Some1 with a big brain check this out please.. I only see the AS was 7.2 billion. According to this 2.5 billion shares are gone if I am interpreting this correctly.
4. During 2010, its CEO Ms. Basu returned 600,000,000 shares back to treasury to help reduce its outstanding shares. The Company also retracted other shares of 210,000,000 and cancelled 1,699,999,999 shares in 2011 that were held (not issued) since 5/2010 with Pacific Stock Transfer Company for funding that was never received.
PPJE Security Details
Share Structure
Market Value1 $1,214,562 a/o Apr 15, 2011
Shares Outstanding 6,072,807,799 a/o Dec 31, 2010
Float 2,995,679,260 a/o May 10, 2010
Authorized Shares 7,199,900,000 a/o Sep 30, 2010
Par Value 0.0001
The bottom is otc.com current share structure listing. So based on the latest news are these numbers current or not. Has the AS gone down. I am perplexed??
Im confused by item #4
4. During 2010, its CEO Ms. Basu returned 600,000,000 shares back to treasury to help reduce its outstanding shares. The Company also retracted other shares of 210,000,000 and cancelled 1,699,999,999 shares in 2011 that were held (not issued) since 5/2010 with Pacific Stock Transfer Company for funding that was never received.
Does this means 2,510,000 ,000 shares are of the market>?
In addition to the 3,000,000,000 she owns. >>??
If that is right there is only 1.6 billion floating. Some one help me out with this?///!
it is not irrelevant when basu owns nearly 3 billion shares. That leaves only 2 billion floating or so..
Another 1 bites the dust. People keep leaving, maybe Basu keeps quietly accumulating until there is under a billion shares floating, then announces a buyback/retirement, then we call all meet up in the Caribbean. Day dreaming is fun!
Dont know, it would be nice if some1 on these boards new about SEC rules and REgs
Email the ceo, she responds to your emails doesnt she>?
looks like some panic selling on this odd news, could be time to swoop up some 1's!
Read over the complaint, it doesnt mention Basu or any PPJE exectutives. It seems like the individuals mentioned in the complaint bought large sums of penny stocks then resold them without proper authorization. I am not a lawyer but that is what I gather from the document. It does not appear anyone in PPJE did anything illegal from what I see.
That is a low float for the AS shares....
otc markets shows 6.8 billion authorized and no info on the float. Can anyone verify the as or have any clue on the float here> I am new on this company. Thanx!
wth is that supposed to mean>?
Great news! I love this company. It is the most promising NANO cap out there.
This is not the stock for a quick buck, it is a long term hold.
There really is not that many shares out when you consider the CEO owns over half of the float. And not all the AS have been released.
It is unusual a stock with so much going for it fails to gain momentum. We can not blame our beloved CEO for that however...
I would not mind some CONTACT with Basu!,,,,,
5 PRs in this year and it is only April. What more could you ask for.
it wont, it will stay at this level for years, please sell and go away.
I have been in a year and two months. I have 11 million shares at .0003 average. It is frustrating this stock has not moved. It is one of the more stubborn pennies I have owned. However I do feel this company is on the right track to being lucrative and successful long term. Go PPJE!
what is a pincher play?
So the AS is 7.2 billion and the issued is about 5.5 billion, and Basu owns about 2.6 billion of that correct.?
Maybe PENNYHUNT sold all his, he claimed to have 36 million or so....
She does not reply to my questions either. Once I asked her to go out to dinner with me and she never got back with me...,<
Ne 1 heard from Computerbux lately, he was in this a long time also.?
There have always been gramatical and mathmatical errors in PPJEs PRs and finacials. I think Basu is tight with a dollar an tries to take on all the responsibility herself. In the end it all works out. I aint worried....>
Why dont you put your skills to good use and email Basu or the attorney in regards to your concerns and get the matter clarified? Then you can relay the response to the board. To me that would be a more constructive approach to the dilema rather than complaining here. Help be a part of the solution bro!
I am not a certified CPA who is qualified to cretique the finacials, are you? I believe in the positive PRS, I believe in BASUS' commitment, and I believe in the future of this company. Any ceo of a nano cap who owns over half the float and has stuck in the game this long when most other CEOs would cash out and run has my respect. I will hold my PPJE no matter what. Your impatience is confusing to me, do you really think a company succeeds overnight. So many penny stock investors want a quick fix like that of a heroin addict. I am here long term, a year, two three, whatever it takes. This company is growing day by day and closing more deals hour by hour. I am thouroughly impressed by the progress PPJE has made over the last year. Just follow the PRs and do the DD. If this company fails it wont be because of fraud or a lack of hard work, it would be just plain bad luck. I have 3 gs in this stock and I am not sweating it in the least. I have got two of my friends with more investment savy than I in this also. This is a long term play my friend, strap in or bail. You cant cry fowl every time the PPS fails to soar after a PR. that to me is a good sign. GO PPJE, GO BASU<
Given the finacial health of this company I doubt we are on a sinking ship, more like one stuck in the harbor for now! PPJEs day will come one day or another, and when it does I feel it will be big!
Can anyone PM THE PINK LAWYER or MICK, or one of the mods here, are they still in this or what. I would like their input on recent events. If they are no longer in this stock then we need some new meat to run this clown show!
Attorney letter regarding financials
https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=46594
Hey Chart and Trade, Im holding 11 million now and thinking of doubling, what are you guys holding if you dont mind sharing.?/
I was not saying you were, I was just making a general statement.
PPJE is slowly and gradually turning into a solid cash generating corporation. Not a rushed pump and crash like some of you want. I would rather she stagnate in the 2-3 trip range for another year. By then all you fly by nights will be gone and only the strong longs remain. By then PPJE will have enough revenue to retire the majority of shares and buyback as many available floats as it can. After that this company if it continues to perform as is has will be one of the few nano caps that goes to the double digits or dollar range. Good luck to all you PPJE longers out there, I feel strongly we are in a good security.
I love PPJE AND BASU!!!!
Just picked up 400k shares. It took 5 separate purchases by scottrade to fill. Reinforces my point that shares are really scare in this these days.