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A lil summary for anyone who may not know whats going on with JCDS
JC Data Solutions Announces It Is Completing a Reduction in Outstanding Shares by 40%
IRVING, TX--(MARKET WIRE)--Feb 8, 2008 -- JC Data Solutions, Inc. (Other OTC:JCDS.PK - News) announced today it plans to reduce the company's total outstanding shares. The company is returning to its treasury 250 million common shares.
JC Data Solutions Receives Confirmation From Transfer Agent in Reduction of Outstanding Shares and Has Filed With the Delaware Secretary of State to Reduce Authorized Shares by 38%
The company believes the reduction in its Authorized Shares will further enhance shareholder value, and eliminate any market concerns about potential mass dilution of the company's stock. The 38% reduction of the Authorized Shares of the company in no way reduces the shares held by current shareholders.
IRVING, TX--(MARKET WIRE)--Feb 20, 2008 -- JC Data Solutions, Inc., 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. "
The Company Suspects Either Naked Short-Selling or Manipulation of Its Share Price
The Company Suspects Either Naked Short-Selling or Manipulation of Its Share Price IRVING, TX--(MARKET WIRE)--Mar 18, 2008 - 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.
IRVING, TX--(MARKET WIRE)--Apr 15, 2008 -- The ACH Generator, the turn-key electronic funds transfer program for the Oil and Gas Industry, has seen an increase in clientele bringing the monthly amount of funds transferred to over one million dollars. The marketing push and added reseller has developed a number of highly interested prospects that the company hopes to close in the next few months.
Our efforts to become Pink Sheet current are continuing along with other efforts to begin a two year audit. A specific date has not been decided on but we are looking into starting the audit late in the second quarter 2008. Completing these two tasks will put us on the path to moving to the next level on the OTCBB and will help alleviate the apparent shorting that continues to take place.
JC Data Solutions Reports Healthy Projections Thursday April 24, 9:45 am ET
IRVING, TX--(MARKET WIRE)--Apr 24, 2008 --
With the expected closing of more clients, the ACH Generator monthly amount of funds transferred will increase by several million dollars by the end of the third quarter. These additional clients will boost the click charges by over 300%. This turn-key electronic funds transfer program originally designed for the Oil and Gas Industry is now being introduced to Automobile Dealers and the Healthcare Industry for accounts payable use.
he projected closings on the Healthcare Industry software will bring in two to three new customers monthly. The Medical Forms Generator program alone sells from $9,000 to $12,000 depending on customers' current systems and the number of forms required. With the addition of the resellers servicing Attorney's in the Northeast, JCDS' Attorney Marketing software will soon be introducing an upgrade and enhancement for the new and existing clients.
-------------------- Men lie......Women lie........numbers don't......... Posts: 526 | From: Atlantic city | Registered: Mar 2006
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