PPJ Healthcare Enterprises Inc (PPJE)

[HUONG]

Excerpt from fiance report:
Item. XVI Management’s Discussion and Analysis or Plan of Operation.
B. Management's Discussion and Analysis of Financial Condition and Results of Operations.
Currently the issuer, through Professional Billing Service (PBS), is engaged in the business of providing medical billing services, collection, Workers Comp lien
collection services to healthcare providers in the United States. PBS attending medical
conferences to gain new billing clients.
During the three quarters of 2010, PBS has grown drastically and becoming a known name in the Anesthesia and Pain Management physician practice community, PBS also services other specialties of medicine and made drastic improvements to its clients’
cash flow within a short time.
PBS monthly cash flow has increased from $10,000 - $20,000 per month to as much as over $100,000 per month, cash flow is still fluctuating due to the need for more collection personnel.
PBS has grown from 2 employees to 15 employees during the last three quarters. The billing and collection AR (accounts receivable) has grown from $10,000,000 on 1/1/2000
to $100,000,000 by 9/30/2010. Many potential clients expected to start with PBS for billing needs within the next 60 to 90 days.
PBS is poise to a massive growth due to the need of a highly knowledgeable and experienced medical billing service.