A small Florida-based healthcare company just updated shareholders and traders were over the moon about the news. PPJ Healthcare Enterprises Inc. (OTCPK:PPJE) saw its shares soar after the company mentioned the following items in a shareholder update:
1) PPJE is currently negotiating one acquisition and reviewing one larger deal as well
2) The company is in final steps of registering a Regulation A offering and plans to uplist to OTCQB within the year
3) They are partnering with two ‘PURE’ CBD suppliers to distribute their products on their online store, which is expecting to start in 30-45 days
PPJ engages in joint venturing with doctors in setting up new practices, marketing, and management of pain management practices and blood culture labs. The company also engages in development and testing of medical marijuana, medical cannabis products, and in medical billing specialties in anesthesiology. The projects of the company include automated biller, medical billing service, pain management center, and medical marijuana-cannabis potency testing.
As mentioned before, traders were bullish on the update as shares traded up to an early session high of $0.0063/share (+61.54%). This move could be an indication of things to come as the company begins their new ventures.