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Monday, February 25, 2019 12:15:20 PM
TAMPA, FL / ACCESSWIRE / February 25, 2019 / PPJ Healthcare Enterprises, Inc. (OTC PINK: PPJE) today announced the retirement of 3,400,000,000 shares of common stock that has now been returned to treasury. This share retirement equates to a reduction of 44% of our currently outstanding common shares. PPJ CEO Chandana Basu stated, "This is the first of multiple steps we intend to take in regard to improving our share structure. As we continue to restructure, we will be looking to implement further strategies that will help build shareholder value."
PPJ Healthcare Enterprises, Inc. also filed an amendment last week cancelling a previously announced reverse split as well as submitting this fiscal year annual report to remain active in the State of Florida. We will now be moving forward with updates to OTCmarkets with the goal of becoming current reporting in the near term. We look forward to sharing our goals for the future once we have completed the appropriate steps to bring the company back to good standing. Updates will continue to be made via our twitter page @PPJEnterprise as they become available. Our focus will remain on the long-term growth and prosperity of the company. Thank you to all shareholders for your continued support.
As always, PPJE management advises shareholders, company followers and prospective investors to contact their financial advisors if they have questions or concerns about their individual accounts and investment choices. Regarding other news and events, the company reminds its followers to monitor OTC Markets filings tab for further newsworthy events and corporate updates, which will follow as they happen (http://www.ppjenterprise.com).
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