JC Data Solutions (PINKSHEETS: JCDS), a provider of innovative and cost-effective solutions for digital office workflow and data management focusing on the Oil & Gas, Legal and Healthcare industries, has entered into an agreement to provide their Payment Manager™ services to Legacy Reserves, LP of Midland, TX.
We can also confirm this on the Legacy Reserves log in page that has the JCDS copyright at the bottom.
Legacy Reserves LGCY is a company with over $1 Billion in assets, with probably over $300 million in revenues for 2011.
With Obama’s speech regarding domestic energy and natural gas, those numbers could grow substantially.
A penny stock that is processing royalty and other payments for a billion dollar, NASDAQ traded, energy company should get more attention than this is getting.