Business
PPJ Enterprise preparing to release incentive shares
PPJ Enterprise preparing to release incentive shares.
About this update from Ppj Healthcare Enterprises, Inc.
[{"type":"text","content":"RENO,\nNev., Sept.\n30, 2014 – Officials with PPJ Enterprise (OTC Pink: PPJE) (PINKSHEETS: PPJE)\nare making preparations to issue incentive shares to its shareholders of record\nprior to Oct. 26, 2011. The process is not simple and the Company apologies for\nthe delay.\n\nThe company is processing the\nnecessary paperwork in order to release certificates, according to PPJ\nEnterprise CEO Chandana Basu. PPJ Enterprise hopes to issue the incentive\nshares starting within the next week.\n\nShareholders will receive incentive\nshares based on their current number of shares, multiplied by the number of\nyears they have held those shares. Shareholders who have sold a portion of\ntheir PPJE stock in the interim period may be eligible for incentive shares at\nthe current trading value per share from the Reverse Split (R/S) date to sale\ndate.\n\nThe company, which is a leader in\nproprietary automated health care reimbursement cycle software, online health\ninformation digital systems software and medical practice information\nmanagement digital system software, is pleased to offer these incentives to\nlong-term shareholders of post-Reverse Split\nshares. PPJ Enterprise is in the process of confirming the validity of the\nincentives with the legal department of the Securities Exchange Commission. \n\nRegarding dividends, the company is\nannouncing a 25 percent stock dividend to all current shareholders and is in\nthe process of filing necessary forms and documents required by the Financial\nIndustry Regulatory Authority (FINRA) to process the dividends annually and\nannounce such news. At that point, all dividends shall be posted automatically\nto all shareholders on record at the time. \n\n\nThe company is also announcing that\nthose investors who became shareholders post-R/S will receive 10 percent per\nyear incentives of their original purchase.\n\n“We value our shareholders who have\nstayed with us through years of difficult times,” Basu said. “This incentive\ncomes on the cusp of what we believe will be the start of a strong, solid and stable\nperiod of growth for the company. We are already seeing our business pick up\nthrough several new, lucrative contracts, and we see no reason to believe that\nwill not continue for the foreseeable future.”\n\nAs always, PPJE management advises shareholders, company\nfollowers and p...