Replies to post #60729 on JC Data Solutions Inc (fka JCDS)

[Commando911]

Yes, they are.

"Our intent is to Release or Announce on-or-by our Fiscal Year-End, June 30, 2014."   -- Cary Allen, CEO of JC Data Solutions, Inc.

Was this an actual quote? I can't find it.

[reaper247]

Hey irondog,

Just wanted to mention that the Permian Basin has the lowest production costs in the US. They will be the last ones standing in an oil price war.

Many of JCDS’s known clients operate in that basin.

Look at Legacy Reserves (NASDAQ: LGCY.) They had record revenue last quarter of $149.7 million and $412.7 million for the three and nine month periods, respectively.

Legacy Reserves has a current dividend yield of about 13%, which is two to three times higher than any of Warren Buffett’s top yield picks.

Pantera Energy, that recently purchased producing $NATGAS properties from British Petroleum (NYSE: BP) for $390,000,000 has announced just days ago their intention to drill five new wells near Amarillo, Texas in the face of weaker oil prices.

Breitling Energy is moving ahead with its farm-out agreement with Clayton Williams (NYSE: CWEI,) and announced today that the royalty interest owner segment is being integrated into the public side of the company.

The latest OPEC report shows that the Saudis anticipate a median price of oil @ $110 per barrel through 2020.

This oil slide is a blip on the radar and the CEO of Crude Energy, Parker Hallam has repeatedly stated that $70 to $75 oil works for him in the Permian, even if $WTIC remains low.

There is a lot of potential here with JCDS.

IMO and FWIW.