TAMPA, February 6, 2015 PPJ Healthcare Enterprises, Inc. (OTCPink:PPJE) (“the Company”) today announced a $10,000 cash reward program for information leading to the arrest and conviction of any individuals that have engaged in criminal activities with regard to the company.
This reward program is sponsored by PPJE CEO Chandana Basu who will offer a $10,000 reward for information leading to arrest and conviction of any person who has committed criminal actions on herself or the company. All reports will be held in confidence.
“We are especially interested in evidence of illegal naked short selling,” said Ms. Basu. “ We note that January 29, 2015 101 million shares of our stock was sold, very close to the our float. This strongly suggests that we have illegal naked short sellers in our stock. We intend to pursue this vigorously and ask the authorities to fully investigate.”
The company and Ms. Basu are also interested in other instances of stock fraud, including violations of Section 17B of the Securities Act of 1933, and other economic and securities crimes.
“The more you look at the history of this company, the more you find yourself totally outraged by the blatant crimes committed on PPJE,” said Ms. Basu. "We are now encouraged by recent activity by the authorities and the fact that the reports we are receiving recently are increasing. We intend to bring anyone harming the company and its shareholders to justice.”
To make a report, send an email to john.lux@securities-law.info or send a written report to John E. Lux, Esq., Attorney at Law, 1629 K Street, Suite 300, Washington, DC 20006 or Fax to (727) 474-9810. All reports will be held in confidence.
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 release may contain statements about future expectations, plans, prospects or performance of PPJ Healthcare Enterprises, Inc. 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. None of the information in this press release constituted or is intended as an offer to sell securities or investment advice of any kind. In addition to those discusses in PPJ Healthcare Enterprises, Inc.’s press releases, public filings and statements by PPJ Healthcare Enterprises, Inc.’s management, including, but not limited to, PPJ Healthcare Enterprises, Inc.’s estimate of sufficiency of its existing capital resources, PPJ Healthcare Enterprises, Inc.’s ability to raise additional capital to fund future operations, PPJ Healthcare Enterprises, Inc.’s ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities, and in identifying contracts which match PPJ Healthcare Enterprises, Inc.’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 Healthcare Enterprises, Inc. 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 to reflect the occurrence of unanticipated events.
PPJ Healthcare Enterprises, Inc.
Telephone: (813) 693-5192 (new)
Fax: (866) 622-3215
Websites: https://www.ppjenterprise.com