Replies to post #40515 on PPJ Healthcare Enterprises Inc (PPJE)

[Ed the Trader]

Notwithstanding, "New Clients" "New Funding" "New Lines of Business"

Most currently reported (May 20, 2014, filed) PPJE monthly revenues claimed (no audit, no review since FYE 2007) = $12,337 (2014 QTR 1, monthly average revenue).

Most currently reported average loss per month = $17,469 (QTR 1, 2014, filed May 20, 2014)

Increase in (reported) current liabilities 12.31.13 - 03.31.14 = $ 137,000

Cash on hand 03.31.14 (Statement of Cash Flows) = ($18,571) (overdraft)

Change in cash (reported cash/equivalents balance 12.31.13 - 03.31.14 = - $52,408 (Negative cash change).

Comment by PPJE: “Cash flow drastically down due to lack of adequate business ....” (ibid)

Yup... plus we have seen previous examples in other documents where Basu mangled the numbers so we don't know if these latest numbers are correct (ignoring any unknown agenda that Basu may have to "report" false numbers) are accurate as there has been no independent audit/review for seven years.

Tom, did you get these numbers from the recent OTC Markets filing?