LAS VEGAS, Jan. 28, 2010 (GLOBE NEWSWIRE) -- Ideal Financial Solutions, Inc. (Pink Sheets:IFSL) today announced that it has filed the Initial Company Information and Disclosure Statement required to meet the Pink Sheet’s Guidelines for Providing Adequate Current Information.
“In our effort to move toward our goal of being traded on the OTCBB, we decided to file the necessary documents to upgrade our filing status on the Pink Sheets,” said Ben Larsen, CFO of Ideal Financial Solutions. “This will qualify us to be a 'transparent-tier' reporting company on the Pink Sheets News Service (www.pinksheets.com) and hopefully qualify IFSL for more activity, larger brokers and investment funds."
“Anyone who has gone through this process understands that much of the information needed to be prepared by legal counsel is very similar to the documentation needed to file a registration statement with the SEC. As we wait for our financial statement audit to be finalized in the coming weeks, we felt this would be an important step in our continued efforts to become a fully reporting company,” Larsen added. “This certainly shows progress toward our goal of a full OTCBB listing.”
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About Ideal Financial Solutions
Based in Las Vegas, Nevada, Ideal Financial Solutions (www.idealfsi.com) provides the education, support and automated tools to create additional cash resources, rapidly eliminate all non-asset-building debt and build financial independence. As a leader in personal cash flow management systems, Ideal uses its automated CashFlow Management© tools (www.myifs.com) and its Credit to Wealth Systems to assist individuals, families and small businesses in building financial independence. To view more information on Ideal’s new humanitarian program soon to be launched please visit www.idealgoodness.com. To view a short video demo of our services go to www.ibuildwealthclub.net.
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Forward Looking Statements. This release may contain forward-looking statements as well as historical information. Forward-looking statements may be identified by terms such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "forecasts," "potential," or "continue," or similar terms or the negative of these terms. Forward-looking statements, which are included in accordance with the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, may involve risks, uncertainties and other factors that may cause the company's actual results and performance in future periods to be materially different from any future results or performance suggested by the forward-looking statements in this release. These risks include, without limitation, the risk that the company’s revenues will not continue to grow and that they may not meet projections because of a down turn in it’s new marketing efforts and that the company will not become, or will be significantly delayed in becoming, a fully reporting company for one or more reasons, including a decision by the company not to pursue fully reporting status, absence of capital or other resources to satisfy compliance status, an adverse action or decision by a regulatory agency or other event. The company expressly disclaims any obligation to update or revise any forward-looking statements found herein.