TAMPA, Fla., Feb. 02, 2016 (GLOBE NEWSWIRE) -- PPJ Healthcare Enterprises Inc. (OTC Pink:PPJE) announced today that the Company has retained the services of a business advisor and consultant for the next six months to assist the Company with current business opportunities, acquisitions, negotiating with current debt holders and building shareholder value. As previously announced, the Company has recently cancelled its planned reverse split, reduced its authorized from 20 billion shares to 5 billion shares and has secured the return of 2.5 billion shares from management therefore reducing the shares outstanding to approximately 1.6 billion.
Chandana Basu, CEO of PPJ Healthcare Enterprises Inc., stated, "We are pleased to have retained the services of an experienced consulting team to guide us on our agenda of rebuilding PPJ as a leader in the medical business industry."
Additionally, the Company will be launching a marketing awareness campaign to bring attention to the developments taking place at PPJ Healthcare. The marketing campaign will be geared towards updating current shareholders and future potential shareholders on the progress and direction the Company is taking.
"We feel it is important to communicate the changes and progress taking place at PPJ to our investors and the market in general," Basu said. "The Company has been through some difficult times and is now on a path to putting those obstacles behind us as we continue towards growth and restructuring." "These are exciting times for our Company and we see this as the perfect opportunity to tell our story as our efforts progress," Basu continued.
The company looks forward to working with shareholders.
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. PPJ Healthcare Enterprises 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 constituted or is intended as an offer to sell securities or investment advice of any kind. PPJ Healthcare Enterprises’ 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. All such forward-looking statements are current only as of the date on which such statements were made. PPJ Healthcare Enterprises 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.
401 E. Jackson St., Suite 2340
Tampa, Florida 33602
Telephone: (813) 693-5192
Fax: (866) 622-3215
Source:PPJ Healthcare Enterprises, Inc.