RENO, NV — (Marketwire) — 09/15/11 — PPJ Enterprise (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, today updates its shareholders of the following:
1. The Company has been informed by FINRA this morning that reverse split 1:100 has been approved but FINRA is unable to confirm effective date because DTCC. The Company is doing everything possible at its disposal to remedy this issue. The Company will inform shareholders as soon as issues resolved.
2. The Company has filed Disclosures and financial reports for 2nd QTR of 2011 with . Attorney Letter is scheduled to post today.
3. The Company, 3rd QTR financials appears far better than 2nd QTR of 2011. New large office and the computer systems are in place. The Company hired few more employees and preparing for massive growth in 2012.
4. New marketing, sales crew and Internet promoters have been in place, plans to revamp web sites, Social Network interactions and other improvements have been added in the plan of growth. New marketing crew is scheduled to attend large Medical conferences in September, October, November and December of 2011 to gain new clients. The Company will inform its shareholders as time comes.
5. It is absolutely critical for the Company to get R/S approved, with a higher share price the Company will not be able to step up to other higher Exchanges. In addition the company planned growth will slow down. We appreciate our shareholders- support in the Company-s future. “I am confident and confirm to all that the company management and all personnel are working very hard to take this company to a highly successful entity,” noted CEO Ms. Basu.
6. Hearing to set trial date is set for October 11, 2011. Shareholders will be informed by the Company as updates are available.
Forward looking Statements
“Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995: This press release contains or may contain forward-looking statements such as statements regarding the Company-s growth and profitability, growth strategy, liquidity and access to public markets, operating expense reduction, and trends in the industry in which the Company operates. The forward-looking statements contained in this press release are also subject to other risk and uncertainties, including those more fully described in the Company-s filings with the Securities and Exchange Commission. The Company assumes no obligation to update these forward-looking statements to reflect actual results, changes in risks, uncertainties or assumptions underlying or affecting such statements, or for prospective events that may have a retroactive effect.
Investor Relations
PPJ Enterprise
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Tel: (775) 348-5735
Fax: (866) 622-3215
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