$PPJE this is huge news. PPJ Healthcare Enterprise
Post# of 21197
Posted On: 02/10/2016 9:34:04 AM
$PPJE this is huge news. PPJ Healthcare Enterprises, Inc. CEO to Cancel 2,500,000,000 of Her Own Common Shares & Increase Ownership Stake of All Other Common Stockholders
http://finance.yahoo.com/news/ppj-healthcare-...43690.html
TAMPA, Fla., Jan. 21, 2016 (GLOBE NEWSWIRE) -- PPJ Healthcare Enterprises, Inc. (OTC Pink
PJE) today announced that the Company's CEO and President, Chandana Basu (Ms. Basu), has agreed to cancel 2,500,000,000 of her own Common shares in PPJ Healthcare Enterprises, Inc. In exchange, the Company has agreed to issue to Ms. Basu the equivalent amount of Class B Preferred stocks. Ms. Basu will still have 51% voting power.
After the cancellation of Ms. Basu's 2,500,000,000 shares, the capitalization of the Company will be approximately 1.5 billion common shares outstanding.
"The cancellation of my common shares increases the percentage ownership of every other common stockholder of our Company. Our core shareholder base has been with us and supportive over some difficult times in the Company. We believe we have put those difficulties behind us and want to take steps to put our shareholders and the Company in the best position to succeed for the future. By eliminating my common stocks at this time, the shareholders can be assured that I am here and committed to the long term growth and prosperity of the Company."
Prior to her agreement to cancel all of her shares, the Company also reduced the authorized shares from 20 billion to 5 billion.
The company, which is a leader in proprietary automated health care reimbursement cycle software, online health information and medical practice management digital system software, is pleased to offer incentives to all shareholders of post-Reverse Split (all) shares.
As always, PPJE management advises shareholders, company followers and prospective investors to contact their financial advisors if they have any 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 events and corporate updates, which will follow as they happen (http://www.ppjenterprise.com).
http://finance.yahoo.com/news/ppj-healthcare-...43690.html
TAMPA, Fla., Jan. 21, 2016 (GLOBE NEWSWIRE) -- PPJ Healthcare Enterprises, Inc. (OTC Pink
PJE) today announced that the Company's CEO and President, Chandana Basu (Ms. Basu), has agreed to cancel 2,500,000,000 of her own Common shares in PPJ Healthcare Enterprises, Inc. In exchange, the Company has agreed to issue to Ms. Basu the equivalent amount of Class B Preferred stocks. Ms. Basu will still have 51% voting power. After the cancellation of Ms. Basu's 2,500,000,000 shares, the capitalization of the Company will be approximately 1.5 billion common shares outstanding.
"The cancellation of my common shares increases the percentage ownership of every other common stockholder of our Company. Our core shareholder base has been with us and supportive over some difficult times in the Company. We believe we have put those difficulties behind us and want to take steps to put our shareholders and the Company in the best position to succeed for the future. By eliminating my common stocks at this time, the shareholders can be assured that I am here and committed to the long term growth and prosperity of the Company."
Prior to her agreement to cancel all of her shares, the Company also reduced the authorized shares from 20 billion to 5 billion.
The company, which is a leader in proprietary automated health care reimbursement cycle software, online health information and medical practice management digital system software, is pleased to offer incentives to all shareholders of post-Reverse Split (all) shares.
As always, PPJE management advises shareholders, company followers and prospective investors to contact their financial advisors if they have any 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 events and corporate updates, which will follow as they happen (http://www.ppjenterprise.com).
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