Replies to post #38649 on PPJ Healthcare Enterprises Inc (PPJE)

[Ed the Trader]

PPJE has 396.5 million O/S.

PPJE has a market cap of $832.7K.

If you divide the two figures, you get today's closing stock price of $0.0021.

IF PPJE wins all of the compensation they seek in their lawsuit, PPJE will receive $26 million PLUS half of a medical clinic PLUS whatever punitive damages the jury opts to award.

Just running with the $26 million (because that is easy and I am lazy), PPJE's market cap would then be $26,832,700.

With a O/S of 396.5 million shares, the stock would then have a value of $0.0677.

1 million shares of PPJE is currently worth $2,100. At $0.0677, the same 1 million shares of PPJE would be worth $67,700.

Anyone want to pay off their mortgage by buying a couple million shares of PPJE today? : )