PPJ Healthcare Enterprises Inc (PPJE)

[Ed the Trader]

...she will keep breaking her promises as long as the trial keeps getting delayed because everything this company has going for hinges solely on the success of this trial. A positive outcome means easier line of credit (even if she doesn't collect on the judgement initially), more capital to invest in the business (hire more staff, open up more clinics, do more marketing/advertising, etc.)...

If the press release from 2/24/2014 is truthful, PPJ now receives $35,000 every 10 days. That is a more than respectable amount of funding to grow the business if Basu wants to do so. If the PR is truthful, there is no need to wait for the outcome of the trial to grow the business.

The problem is that over (at least) the last 5 months, PPJE looks more an more like many other OTC Pinks where the CEO makes all kinds of positive announcements in PRs which are then never followed up with verifiable results, good or bad. I can accept if a business initiative does not work out in a positive manner; execution of every business expansion plan carries risk, and many do not work. What I cannot accept is when corporate management cannot confess both the successes and failures because it creates the APPEARANCE of the all too common situation where the OTC Pink CEO is just plain lying.

Sadly, appearances are more important than realities, and any good business manager knows that truth. Therefore, any excellent business manager manages the appearance of their efforts even more carefully than the reality. Failure to do this is the mark of a poor business manager.