PPJ ENTERPRISE
SymbolPPJE

This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.

Here is a sample of this item:

PPJ Enterprise Announces Disclosure of Current Financial Information With OTCIQ

2009-11-23 13:03 ET - News Release

RENO, NV -- (MARKET WIRE) -- 11/23/09

PPJ Enterprise (PPJ, the Company) (PINKSHEETS: PPJE), a leader in proprietary automated health care reimbursement cycle (all specialties), online health information digital systems and practice information management digital system software for health care providers and general businesses worldwide, has announced today that it has updated its financial information with OTCIQ. Interested investors now can view PPJE current financial information on www.pinksheets.com/filings.

The Company also updated Balance Sheets for 2006 and 2007 and intends to file Amended 10Ks for the mentioned years once the Company returns to Reporting status with U.S. Security and Exchange; the amended 10K will include the additional assets in account receivable of $4.5 million which was discovered recently during an in-house audit. This account receivable amount was overpaid by HBSGI, the former subsidiary of the Company, to a former client. PPJ Enterprise is currently taking steps to recover this amount in full. The Company experienced severe financial loss due to shortage of cash flow and was unaware of the above overpayments at the time.

The remainder is available to Stockwatch subscribers.
If you would like to give the Stockwatch system a try, click here for a free 30 day trial subscription.