JC Data Solutions Inc (fka JCDS)

[reaper247]

Updated JCDS DD post

We are still learning more about the Company through some great DD brought to the JCDS Board over the past year.

It has already been documented through links to the Legacy Reserves website that JC Data Solutions provides services to the NASDAQ-traded company Legacy Reserves (LGCY.)

https://www.legacylpdocs.com/Account/LogOn?ReturnUrl=%2f


JC Data Solutions is now providing services for Grand Energy, Inc. This recent info was provided by KingVegita2006 in late October.

https://grandenergydocs.com/Account/LogOn?ReturnUrl=%2f


Grand Energy provides oil and gas to several companies including British Petroleum(NYSE:BP)and ConocoPhillips(NYSE:COP).

http://www.grandenergy.com/html/product_purchasers.htm


It has also been documented that JC Data Solutions is a partner with Avatar Systems.

http://www.avatarsystems.net/




Avatar Systems is partnered with a few companies to provide services to the oil and gas industry including Oildex.com that has an impressive client list.

http://www.oildex.com/


Early in 2012 JC Data Solutions CEO Cary Allen presented a free software training seminar at the Avatar user conference in the same hour as Oildex. This was from page 7 of the Avatar schedule PDF.

http://www.avatarsystems.net/AvatarBrochureWEB.pdf


This user conference was a training session that highlighted products offered through Avatar Systems. The fact that Cary Allen presented in the same hour as Oildex seems to suggest some overlap or integration between JC Data Solutions and Oildex products.

The JC Data Solutions Website was updated a few months ago to reflect its expanded product offerings to include an Email Dispatch Center.

http://jcdata.com/products/email-dispatch-center/


Share Structure:
As of June 22, 2011:
AUTHORIZED SHARES : 500,000,000
OUTSTANDING SHARES: 420,000,000
FLOAT: 208,301,000

Transfer Agent:
Integrity Stock Transfer,
3663 East Sunset Rd.
Suite 102
Las Vegas, NV 89120

The Company seems to be experiencing growth without subjecting its Shareholders to any dilution and without any reverse splits in its recent history.

The 60+ customers is not speculation. This info came via an answer to one of many questions to Cary Allen by an iHub Poster (royaltyfree) when he visited the Company in person.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=72104667

When asked for some confirmation of his visit to the company by a moderator, royaltyfree provided a pic of Cary Allen’s business card.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=72109024

I have been here awhile as well, and back in 2008 and 2009 I saw no credible reports to suggest that Cary told anyone that he was going to make an effort to make JCDS Current or to upgrade to a higher exchange as some have suggested.

In fact, it was January 2009 when Cary Allen filed the 15-12G to take the Company "dark."

It would be unlikely that Cary would suggest to anyone in 2008 that the Company would provide greater transparency leading up to that Filing as some have suggested. Certainly any suggestion of the company becoming transparent after that filing would have been quickly dismissed by anyone with any insight and common sense.

The fact that Cary was recently willing to suggest the possibility for an upgrade of the reporting status of the Company in 2012 should be of interest to anyone who has been here awhile. While we have yet to see an updated timeline as to when/if he would be making that upgrade, it is apparent that JCDS is a functioning and productive company with revenues to sustain itself without any dilution.

I would keep in mind that a few traders will aggressively protect their channel on this stock, because it is wide and consistent. You will see Bid whacks and other techniques/tricks in an attempt to bring the stock down to lower channels so they can re-load.
The simple fact is that with this share structure and the confirmation of LGCY as a client, this stock should be trading much higher.

The downside is the recently added CE status on OTC-Markets. There was apparently a third party promotion that was not sanctioned by the Company that landed us there.

Fully reporting OTCQB stocks can also be designated caveat emptor due to third party promotions and there is no indication that any actions by the company have caused this status on OTCmarkets.

IMO and FWIW.