RENO, Nev., June 7, 2013 /PRNewswire/ -- PPJ Enterprise
(OTC Pink: PPJE) (http://www.ppjenterprise.com/) a proprietary
automated health care software company, is pleased to share current
updates with the company followers regarding the current
issues.
PPJ Enterprise previously announced that all long-term
shareholders will be given dividend and bonus shares; the Company
was not able to release the promised shares on June 9th, 2012 due DTC Chill placed on
certain shares in 2011. The DTC (Depository Trust Company) on
January 16, 2013 has
determined to lift the Deposit Chill and has
resumed accepting deposits of the Issue for depository and
book-entry transfer services (This News was already published
on March 4, 2013). The
Company staffs are working to get the final count of bonus and
dividend shares as until June 9, 2012
and bonus shares will be added if the distribution is made after
June 9, 2013. The Company is working
to obtain DTC Fast (DWAC). Once DTC Fast is approved, promised
shares will be transferred electronically to each shareholders
account. For all long term shareholders, all shares transferred
will be calculated based upon the dollar amount as agreed in the
last calculation post reverse split. For example if total share
value calculated at $100.00, all
bonuses and dividends will be calculated and added as dollar value
and then will be paid at current market share price that will
be lot more shares (more than twice the shares at the current
per share value ) to shareholders than many expected.
The Company and its CEO Ms. Basu appreciates shareholders
patience and commitments that stood by with the Company and allowed
the Company to clear itself from DTC Chill list. Shareholders are
advised to provide complete account information along with a
current state issued picture ID with current mailing address. The
Company will be informing the shareholders once the Company is
ready to transfer their shares.
As always PPJ 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.
In other news and events, the Company reminds its followers to
monitor OTC Markets filings tab for further non news worthy events
and corporate updates which will follow as it happens.
More updates will follow shortly.
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.
PPJ Enterprise
1105 Terminal Way, Suite 202
Reno, Nevada 89502
Telephone: (775) 348-5735, Fax : (866) 622-3215
Web site: www.ppjenterprise.com
SOURCE PPJ Enterprise