PPJ Healthcare Enterprises Inc (PPJE)

[Ed the Trader]

As I have pointed out before, and will again now to help set the correct expectations for Thursday's Settlement Conference, it is not intent that the Settlement Conference creates a settlement to eliminate the need for the trial. The judge still very much expects a trial.

The purpose of the Settlement Conference is for the two opposing parties to achieve some level of agreement on SOME points of disagreement in order to SHORTEN, not eliminate, the time that the trial ties up the judge's courtroom.

She does not seem happy about the attorney's plan to consume 15 days of courtroom time, and wants it finished faster.

It is important that people understand that expectation so we do not end up with PPJE back in the 0.001x level (or lower) when a settlement is not achieved to eliminate the trial. That was never the intent of the Settlement Conference, and people should set their expectations accordingly. It is pretty much a slam dunk that the trial will be held, and the Settlement Conference will NOT eliminate the need for the trial... which is exactly what was the intent and plan of the court all along.

So, don't panic on Thursday when no complete settlement is announced. ANY degree of agreement between the parties reached in the Settlement Conference should regarded as a success.