PPJ Healthcare Enterprises Inc (PPJE)

[Arthur]

PPJE has a terrible track record of FAIL on its grandiose press releases ( at least 2 HUGE new business plans every year), and a very bad track record of Reverse Splits followed by massive dilution, making all its hapless shareholders lose 99% of their investment.

That's why.

PPJE has no capital to begin its grandiose new business plan(s), and, usually, when you look at PPJE financials 3 months of 6 months after an announcement, you see that not a single dime has been spent toward realizing what had been announced.

PPJE is seeking "partners", but, according to its of financials, PPJE has no money to invest towards its "goal". What's the use of taking a junior "partner" that has no expertise in anything, and not even cash ?

For example in 2016, PPJE had announced:
http://www.otcmarkets.com/stock/PPJE/news/PPJ-Healthcare-Enterprises--Inc--Undertakes-Plans-to-Develop-and-Distribute-Marijuana-Edibles-in-a-Massive-Scale?id=144914&b=y

PPJ Healthcare Enterprises, Inc. Undertakes Plans to Develop and Distribute Marijuana Edibles in a Massive Scale
TAMPA, Fla., Nov. 15, 2016 /PRNewswire/ -- PPJ Healthcare Enterprises, Inc. (OTC Pink: PPJE) announced today that it has undertaken a new plan in the making and distributing of marijuana edibles in a massive scale since California is now approved for recreational marijuana and Florida, the Company's home state, has been approved for medical marijuana.

"California being approved for recreational use and PPJE being the only public Company registered in the State, we feel we have huge advantages on this new era in business. We have tested and learned how to prepare edibles such as cookies, cupcakes, honey, ketchup, mayonnaise and many other food items using marijuana. We will now put our full attention in creating the Company's plans to expand our business and work with partners to deliver the highest quality food products using marijuana," said Chandana Basu, PPJE CEO.

But, despite devoting the 'full attention" of the company to that for more than a year, nothing was done and not a dollar was spent. No "edibles" ensued.

Same thing with the pain centers:
http://www.otcmarkets.com/stock/PPJE/news/PPJ-Healthcare-Enterprises--Inc--Set-to-Open-Its-First-Pain-Management-Center-Pain-Care-Centers-USA?id=124602&b=y

PPJ Healthcare Enterprises, Inc. Set to Open Its First Pain Management Center-Pain Care Centers USA
TAMPA, Fla., Feb. 04, 2016 (GLOBE NEWSWIRE) -- PPJ Healthcare Enterprises Inc. (OTC Pink:PPJE) announced that it is set to open its first pain management center in partnership with interventional pain doctors. The Company's pain management centers operate under the name Pain Care Centers USA ("PCC")

The Company has completed leasing of office space and initial equipment. Additionally, with personnel training and insurance contracts are being in place we will begin making appointments for opening March 1, 2016. PCC will be integrative pain centers which means patients will be treated as a whole person. Each patient will receive pain management medical treatment, a nutrition program, alternative therapies, chiropractic and psychological care- all in one place.

PCC's goal is to get patients feeling better and healthier while helping them to become less dependent on opioids as the exclusive treatment to their conditions. The centers will also be licensed for office suite surgery center for all pain management procedures once it is approved.

Financial projection of this type of centers can be from 1 to 2 million in the first year and 3 plus million revenue per year after that.

There was no expenses towards "personal training", nor "office leases", and if there was a "partnership", in didn't involves expenses.
No Pain Center was open, no revenue ensued.

Same thing for the Marijuana Testing lab:
http://www.otcmarkets.com/stock/PPJE/news/PPJ-Executes-Contracts-for-Medical-Marijuana-Testing?id=125653&b=y

PPJ Executes Contracts for Medical Marijuana Testing
TAMPA, Fla., Feb. 18, 2016 (GLOBE NEWSWIRE) -- PPJ Healthcare Enterprises Inc. (OTC Pink:PPJE) announced today that it has executed 7l contracts, including Valley Herbal in Los Angeles area, to perform medical marijuana testing. The Company expects to execute a total of 100 contracts over the next 90 days and estimates that it could generate about $20,000 in revenue per dispensary per year.

Funny that those "71 contracts" didn't involve any expenses, and didn't generate any revenue at all.
Also, PPJE didn't acquire any lab equipment, doesn't carry scientific equipment assets, and doesn't pay rent for a lab.
Just as if the lab never existed at all.



It's because of that kind of track record that the "investors" / gamblers / hapless shareholders are skittish of PPJE business plans announcements.