posted
thx - don't think it's finished yet - AUTO is looking for shares, think they overdid shorting it LOL
Posts: 749 | Registered: Aug 2005
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Press Release Source: JC Data Solutions, Inc.
JC Data Solutions, Inc. Trains New Resellers Wednesday February 20, 4:42 pm ET
IRVING, TX--(MARKET WIRE)--Feb 20, 2008 -- JC Data Solutions, Inc., (Other OTC:JCDS.PK - News) an ACH service provider and a manufacture of data management systems and services will provide product training next month for recently signed resellers.
ADVERTISEMENT "With low overhead and low to non-existent debt, adding these new resellers shows great promise in helping us to increase our revenues greatly," says Cary Allen, CEO. "Our plan is to conduct this training monthly as we continue to increase our reseller pool and bring our current resellers up to date on any enhancements. We are proud of our products and want to insure our resellers are very familiar with the user friendly aspect and added features designed into this software."
This systems familiarization training will not only cover the core products, ScanDocs, ViewDocs and WebDocs but will review the Medical Forms Generator, the EOB Tracker, The Medical Schedule Generator, the ACH Generator and the full suite designed for law firms' marketing -- the attorney's "Who Knows Who," "Affiliation," "Client Prospect" and "Requisition Tracker."
About JC Data Solutions (www.jcdata.com)
JC Data Solutions provides comprehensive, innovative and cost-effective solutions for digital data processing and management. JC Data Solutions puts client data in digital formats that is easy to manage and store for Healthcare, Attorneys and the Oil and Gas industries.
Forward-Looking Statements
This press release contains "forward-looking statements," within the meaning of the Private Securities Litigation Reform Act of 1995. Statements in this release that are "forward-looking statements" are based on current expectations and assumptions that are subject to known and unknown risks, uncertainties or other factors which may cause actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Actual results could differ materially because of factors such as: the effect of general economic and market conditions, entry into markets with vigorous competition, market acceptance of new products and services, continued acceptance of existing products and services, technological shifts, and delays in product development and related product release schedules, any of which may cause revenues and income to fall short of anticipated levels.
All information in this release is as of the date of this release.
Posts: 749 | Registered: Aug 2005
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News from a CEO that cares which is rare in the micro penny arena. JCDS is eventually going to be huge. Revenues are increasing with no debt, business is growing, and CEO Cary Allen is going to do whatever it takes to protect shareholders from MM manipulation.
JC Data Solutions, Inc. to Take Action to Protect Shareholder Value
Internet Wire via COMTEX
Mar 18, 2008 7:45:22 AM
The Company Suspects Either Naked Short-Selling or Manipulation of Its Share Price
IRVING, TX, Mar 18, 2008 (MARKET WIRE via COMTEX News Network) --
JC Data Solutions, Inc. (PINKSHEETS: JCDS) announced today that it is to take steps to combat illegal trading activities and start the process to conduct share counts of its securities.
The company has received evidence that certain brokers may have issued phantom shares and according to the NASDAQ Regulation SHO Threshold List, short list, JCDS has been listed for over forty days, confirming our suspicions that stock manipulations have taken place.
"Our intentions with this announcement is not to alarm our investors but to inform them that we are aware of the likelihood of stock price manipulation involving JCDS stock," said Cary Allen, CEO JC Data Solutions. "Our business continues to grow with a recent adding of two new resellers; one in the northeast (TMG Documents) and one in Texas (Lone Star Marketing Company). Considering we are a non-reporting company, proper release of revenue figures cannot occur at this time but virtually all areas of our business have shown increased revenues over the last year as well as our overall debt and overhead have remained low. This all being said we see no reason for our price per share to remain at this low level and we intend to take the necessary action to protect our shareholders from what we believe to be manipulation or our stock price. Our first priority is to become Pink Sheets Current; we have stepped up the filing process and expect to have it complete shortly. We are also engaging in council to begin proper accounting procedures of JCDS stock and how to handle the evidence of short selling."
Cary Allen, CEO, also stated, "We will utilize any and all legal remedies to protect our shareholders and the company including contacting the SEC, who has recently proposed the Naked Short Selling Anti-Fraud Rule."
"This rule proposal will help protect and enhance the operation, integrity and stability of the markets in the clearance and settlement system, and also puts market participants on notice that the Commission will continue targeting abuses in this area," said Erik Sirri, Director of the SEC's Division of Trading and Markets.
Much of the manipulation has been brought to our attention by present shareholders and for those shareholders that have remained loyal during this difficult time we appreciate you for your continued interest, investment and faith in JCDS stock and company.
About JC Data Solutions (www.jcdata.com)
JC Data Solutions is an ACH service provider and a manufacturer of data management systems and services. JCDS solutions are targeted to Healthcare, Attorneys and the Oil and Gas industries.
Forward-Looking Statements
This press release contains "forward-looking statements," within the meaning of the Private Securities Litigation Reform Act of 1995. Statements in this release that are "forward-looking statements" are based on current expectations and assumptions that are subject to known and unknown risks, uncertainties or other factors which may cause actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Actual results could differ materially because of factors such as: the effect of general economic and market conditions, entry into markets with vigorous competition, market acceptance of new products and services, continued acceptance of existing products and services, technological shifts, and delays in product development and related product release schedules, any of which may cause revenues and income to fall short of anticipated levels.
All information in this release is as of the date of this release.
For Information call: Cary Allen CEO JC Data Solutions, Inc. 214-295-5810 Email Contact
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This ones going to pennyland. I been adding the dips just a matter of time here. CEO is gonna go after the shorts and MM will have to pay up eventually!
-------------------- Men lie......Women lie........numbers don't......... Posts: 526 | From: Atlantic city | Registered: Mar 2006
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Up 48% with lots of buys. Ready to explode in pennies. Honest CEO who cares about shareholders.
AUTHORIZED SHARES: 500,000,000*Reduced from 800M
OUTSTANDING SHARES: 340,000,000*Reduced from 620M
FLOAT: 140,000,000
RESTRICTED:As per ceo owns OVER 68% of OS
JC Data Solutions, Inc. to Take Action to Protect Shareholder Value: The Company Suspects Either Naked Short-Selling or Manipulation of Its Share Price
IRVING, TX--(MARKET WIRE)--Mar 18, 2008 -- JC Data Solutions, Inc. (Other OTC:JCDS.PK - News) announced today that it is to take steps to combat illegal trading activities and start the process to conduct share counts of its securities.
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