|Page (1) of 1 - 01/27/12||email article||print page|
PPJ Enterprise (PPJE) Forward Guidance Includes New Billing Contracts, Private Bank Backing(January 27, 2012)
RENO, NEVADA -- (Marketwire) -- 01/27/12 -- PPJ Enterprise (PINKSHEETS:PPJE) (http://www.ppjenterprise.com/); a proprietary automated health care software company, is pleased to share its Corporate Overview / Forward Guidance with its followers.
CEO Chandana Basu Said "The recent economic downturn did affect our industry. PPJE was not immune. Simply, 2011 has been a rebuilding year for PPJE, as our long term shareholders can attest to. We bring attention to 6 different news releases we issued from June 9, 2011 headline, PPJ Enterprise Updates Its Shareholders. We are pleased to report that we have met or satisfied all of the targeted goals announced. What remains outstanding is the existing lawsuit where we are the Plaintiffs, and the dividend issue. Those two items are also being processed through their due processes.
We share the opinion of our US representatives and other economic and financial forecasters, that the worst of the economic times are behind us. We see a great future for PPJE. For example, the following is just some of the new and exciting developments at PPJE which are in the works, well under way, or close to fruition.
-- New business. New billing contracts in pharmacy billing, pain management billing and workers comp. collection accounts. -- New division being formed to accommodate a new line of business - financing medical practice, hospital account receivable. These are substantial accounts with a fee of 5% of total funding. -- Back office arrangement / financing with a private bank.
-- Additional attorney retained in the litigation case to insure all pre trial discoveries completed timely, -- PPJ Enterprise now in Twitter -- Updated OTC Markets Adequate Disclosure and Share Structure -- Current Share Structure Full Disclosure As Per Transfer Agent Records -- New Share Structure Reducing Authorized Shares From 7.3 Billion to 950 Million Shares
We do acknowledge our followers inquiries regarding our recent share structure disturbance and the logic behind this. Simply there are rules and regulations that govern public companies as to when and how the company can announce a merger or a major acquisition. I can however say that PPJE management is looking at all options available, and that our Authorized Share Structure is being reduced from 7.3 Billion Shares to 950 Million Shares. We ask that our followers monitor our Financial Filings on www.OTCMarkets.Com web site for these and other official positive strides.
This is worth repeating. These are exciting times for PPJ Enterprise. We have many solid business developments in the works as aforementioned.
We will update our shareholders, stakeholders and followers as these developments unfold on a timely basis."
Information in this news release may contain statements about future expectations, plans, prospects or performance of PPJ Enterprise, that constitute forward-looking statements for purposes of the Safe Harbor Provisions under the Private Securities Litigation Reform Act of 1995. The words or phrases "can be," "expects," "may affect," "believed," "estimate," "project" and similar words and phrases are intended to identify such forward-looking statements. PPJ Enterprise cautions you that any forward-looking information provided by or on behalf of PPJ Enterprise is not a guarantee of future performance. None of the information in this press release constitutes or is intended as an offer to sell securities or investment advice of any kind. PPJ Enterprise's actual results may differ materially from those anticipated in such forward-looking statements as a result of various important factors, some of which are beyond PPJ Enterprise's control. In addition to those discussed in PPJ Enterprise's press releases, public filings, and statements by PPJ Enterprise's management, including, but not limited to, PPJ Enterprise's estimate of the sufficiency of its existing capital resources, PPJ Enterprise's ability to raise additional capital to fund future operations, PPJ Enterprise's ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities, and in identifying contracts which match PPJ Enterprise's capability to be awarded contracts. All such forward-looking statements are current only as of the date on which such statements were made. PPJ Enterprise does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.
Investor Relations Department Inquiry
For (M&A) and Corporate Matters
Copyright @ Marketwire
Related Keywords: PPJ Enterprise , Marketwire, , Financial, Healthcare, Internet Technology, Medical, Business, Other,