PPJ Enterprise Receives $1,000,000 Funding Offer
December 23 2013 - 12:33PM
Marketwired
PPJ Enterprise Receives $1,000,000 Funding Offer
RENO, NV--(Marketwired - Dec 23, 2013) - PPJ Enterprise (OTC
Pink: PPJE) (PPJ) (http://www.ppjenterprise.com/), a
proprietary automated health care software company, is pleased to
share current update with the company followers regarding the
current issues.
PPJ has received its first
round of debt financing offer for 2014. The Company has been
offered funding by a private group for $1,000,000 dollar debt
funding immediately with five years terms; details are still being
worked out and as the deal progresses, the Company will update
its' shareholders and followers. The Company expects this funding
to be in place in January of 2014.
Chandana Basu (Ms. Basu), the Company CEO, stated, "This funding
will help the Company to jumpstart its ability to meet its
objective to complete its Automated-Biller software upgrade,
prepare documentation, package and prepare to market the product
nationwide, develop the sales team and sell to generate revenue
without the further dilution on the Company's stocks, PPJ business
model is looking good and is ready to proceed as planned and the
Company is now looking forward to moving past the last few
years."
The Company urges its long term shareholders to provide Name,
Address and Tax Id/SSN to receive incentive shares within the next
30 days.
"As always the Company sincerely appreciates shareholders
support in the Company's growth," noted by Ms. Basu.
The Company plans to pay this
debt once its collection law suit settles. The Company expects a
judgment of $5,000,000 to $7,000,000 from the collection lawsuit
which is currently set for court trial hearing on January 27, 2014
in Los Angeles, California.
PPJ Enterprise (OTC Pink:
PPJE) is a provider full-service medical billing services for over
23 years. The company provides and has excelled in providing
traditional, customized medical billing services and support to
physicians, providers, and healthcare facilities across the nation.
In addition to its core medical billing services, PPJ offers a
comprehensive, full-service medical billing software product,
Automated-Biller, we believe that is the only fully automated
product poise to take over the health care billing
market.
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 Email:
info@ppjenterprise.com Web site: http://www.ppjenterprise.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
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