RENO, Nev., July 3, 2014 /PRNewswire/ -- PPJ Enterprise (OTC
Pink: PPJE) (PINKSHEETS: PPJE), a leader in proprietary automated
healthcare reimbursement software, online health information
digital systems and medical practice information management,
is going to trial on Monday July 7,
2014 at 9:30 a.m. in Los
Angeles Superior Court, for PPJ Enterprise's asset collection
lawsuit against Dr. Narinder Grewal
of Santa Clarita, Ca. The Company
is seeking more than $8.5 million in
damages associated with alleged unpaid medical billing fees and
monetary advances made to Grewal by the company during a
period dating from 2001-07.
"We are pleased to finally be nearing the point where the
company can resolve this matter," PPJ Enterprise CEO Chandana Basu said. "We believe that justice
will be served in this case, and we want to thank all our
shareholders and supporters for their continued patience and
support during these difficult proceedings."
PPJ Enterprise is in its fifth year of litigating the case
against Grewel. By law, the case must be finalized by December 2014, according to attorneys for
PPJE.
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 the OTC Markets
filings tab for further newsworthy event and corporate updates,
which will follow as they happen.
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.
Web site: https://www.ppjenterprise.com
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SOURCE PPJ Enterprise