JC Data Solutions, Inc. (JCDS) Announces Stock Issuance
IRVING, TX, Feb 01, 2008 (MARKET WIRE via COMTEX) -- JC Data Solutions (PINKSHEETS: JCDS) announces that the company has issued insider shares in the amount of 350 million. These shares are restricted 144 bound and were issued only to maintain controlling interest in the company.
"This announcement is made to hopefully answer recent investors' questions regarding the increase in outstanding shares," said Cary Allen, CEO, JCDS.
JCDS is maintaining its growth with various products and their newly developed enhancements. This growth has been reflected by the stock activity since the start of the year and issuance was necessary to uphold the authority to continue the company's progress.
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.
Contact:
Cary Allen
CEO
JC Data Solutions, Inc.
214-295-5810
Email Contact
SOURCE: JC Data Solutions, Inc.
