PPJ Healthcare Enterprises Inc (PPJE)

[Ed the Trader]

PPJE goes from $0.0019 to $0.0457 ???

According to OTCMarkets.com, PPJE currently has 598,387,437 outstanding shares.

Today's closing stock price was $0.0019.

Multiplying those two figures together provides a market cap TODAY of $1,136,936.13.

As can be seen starting on page 18 of this court document: http://www.scribd.com/doc/200257910/PPJE-v-Grewal, PPJ Enterprises (aka: PPJE) is requesting monetary damages in it's lawsuit against defendant Narinder S. Grewal which total $26,217,528,31.

This would increase the market cap of PPJ by a factor of 24x!!!

With a market cap of $27,354,464.44, PPJE stock would have a book value of $0.0457.

However, there is more.

As can be seen on page 9 of the same court document, PPJ has also requested to be awarded "punitive damages in a sum according to proof at time of trial." This could easily be equivalent to the enumerated monetary damages, and even twice as much.

Twice the stated monetary damages would be $52,435,056.62.

Together with the monetary damages ($25,217,528.31) and the existing market cap ($1,136,936.13), adding in a 2x amount for punitive damages ($52,435,056.62) would bring the total market cap of PPJ to $79,789,531.06.

That would make the PPJE stock have a book value of $0.1333!!!

It is going to be an interesting ride... and possibly a very profitable one too! : )