PPJ Healthcare Enterprises Inc (PPJE)

[Ed the Trader]

Over the years, PPJ had to reduce their staff in the face of reduced revenue to where the company now appears to consist only of CEO Basu and an occasional contract programmer probably used to fix bugs in the software to keep the existing customer base pacified.

With the new funding of $35,000 every 2 weeks, PPJ should be able to afford to hire a full time programming staff of about 5 programmers (which is enough to create continual enhancements to their software base), a full time salesperson, pay for office space/equipment, and still be able to cover other expenses. Plus, the 2/24/2014 PR stated that there is an additional $440,000 of funding to cover the corporate expansion costs, such as marketing and getting back in order with SEC filings and uplisting.

It really sounds like someone looked at PPJ's business plan, PPJ's products, and PPJ's fundamentals before Grewal stole the farm, and asked, "Chandana, what do you require to get the business back on track to grow again?" Then, that is what they gave her.

Folks, this really does look like a sweetheart deal for PPJ. I've run my own small business for a number of years, and I know that expansion is a very challenging tightrope to walk. Just about everything I could ever hope for with regard to funding a fledgling business is there in that PR. If PPJ executes ANY decent business plan, and remember that they had a respectable customer base before all the financial problems occurred with Grewal so their business plan is already proven (which is probably a big reason that the new investor opted to go into this so deeply), PPJ *IS* going to start making serious money.