Replies to post #23397 on PPJ Healthcare Enterprises Inc (PPJE)

[$UPERMAN]

Notice PPJE line number 10 in bold, Kiefur.
They are subsidiaries of PPJE under an LLC.

SOURCE: PPJ Enterprise

April 18, 2011 09:30 ET

PPJ Enterprise Updates Its Shareholders


RENO, NV--(Marketwire - Apr 18, 2011) - PPJ Enterprise (The Company) (PINKSHEETS: PPJE), a leader in proprietary automated health care reimbursement cycle software (all specialties), online health information digital systems software and practice information management digital system software for health care providers and general businesses worldwide, today updates its shareholders.

The Company has completed its 2010 Annual Disclosure Report for 2010 today and plans to file today along with a current "Attorney Letter."

The Company updates its shareholders today of the following items:

1. It has completed its 1st Qtr. Numbers -- Gross Revenue was $334,000, averaging monthly approx. $110,000 per month.
2. It has made $90,000 payments towards 2009/2010 loan during the 1st Qtr.
3. It plans to buy back its common shares upon receipt of its assets from the law suit against its former client/director, trial currently set for August 8, 2011.
4. During 2010, its CEO Ms. Basu returned 600,000,000 shares back to treasury to help reduce its outstanding shares. The Company also retracted other shares of 210,000,000 and cancelled 1,699,999,999 shares in 2011 that were held (not issued) since 5/2010 with Pacific Stock Transfer Company for funding that was never received.
5. It plans to file required documents to move to a higher exchange in 2011.
6. It is working on filing to be DTC eligible. Once DTC eligible, then the Company will transfer dividend shares as promised to its long term shareholders.
7. It issued new shares to pay off old convertible notes with high interest.
8. It has not received any new funding from any source since April 2010.
9. It is working with a new web design - internet marketing company and expects to update its web site and all subsidiary web sites in the near future.
10. It is also aggressively seeking to acquire billing services.
11. It has been working with several large PR companies to develop strategies to increase shareholders' equity; currently the Company is waiting on feedback.