RENO, Nev. – PPJ Enterprise (OTC Pink: PPJE) (PINKSHEETS: PPJE), a leader in proprietary automated health care reimbursement cycle software, online health information digital systems software and medical practice information management digital system software, has announced it will offer incentive shares to its shareholders of record prior to October 26, 2011.
Shareholders will receive incentive shares based on their current number of shares, multiplied by the number of years they have held those shares. Shareholders who have sold a portion of their PPJE stock in the interim period may be eligible for incentive shares at a rate of 50 percent from the Reverse Split (R/S) date to sale date.
The company is pleased to offer these incentives to long-term shareholders of post-Reverse Split shares. PPJ Enterprise is in the process of confirming the validity of the incentives with the legal department of the Securities Exchange Commission.
Regarding dividends, the company is announcing a 25 percent stock dividend to all current shareholders and is in the process of filing necessary forms and documents required by the Financial Industry Regulatory Authority (FINRA) to process the dividends annually and announce such news. At that point, all dividends shall be posted automatically to all shareholders on record at the time.
The company is also announcing that those investors who became shareholders post-R/S will receive 10 percent per year incentives of their original purchase.
“We value our shareholders who have stayed with us through years of difficult times,” said Chandana Basu, CEO of PPJ Enterprise. “This incentive comes on the cusp of what we believe will be the start of a strong, solid and stable period of growth for the company. We are already seeing our business pick up through several new, lucrative contracts, and we see no reason to believe that will not continue for the foreseeable future.”
As always, PPJE management advises shareholders, company followers and prospective investors to contact their financial advisors if they have questions or concerns about their individual accounts and investment choices. Regarding other news and events, the company reminds its followers to monitor OTC Markets filings tab for further newsworthy events and corporate updates, which will follow as they happen (http://www.ppjenterprise.com).
Forward-looking Statements 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.
CONTACT: PPJ Enterprise 1105 Terminal Way, Suite 202 Reno, Nevada 89502 Telephone: (775) 348-5735 Fax: (866) 622-3215 Web site: https://www.ppjenterprise.com https://ppjenterprisedotorg.wordpress.com https://www.automated-biller.com https://www.professionalbillingservice.net https://www.facebook.com/PPJEnterprise https://www.linkedin.com/pub/chandana-basu/76/6a1/137 https://twitter.com/PPJEnterprise