LAS VEGAS, Oct. 19, 2010 (GLOBE NEWSWIRE) -- Ideal Financial Solutions, Inc. (Pink Sheets:IFSL), a creator of various financial products and services for businesses and individuals, is pleased to report that its Form 10 registration statement filed with the Securities and Exchange Commission (SEC) became effective on October 18, 2010. As a result of the effectiveness of the Form 10, Ideal Financial Solutions meets the requirements for trading on the Over-the-Counter Bulletin Board (OTCBB) and would expect to begin trading on the OTCBB in the near future.
"We're extremely pleased to officially become a fully reporting company and look forward to trading on the OTCBB," stated Steve Sunyich, President, Ideal Financial Solutions. "It's a tremendous achievement for our team and our shareholders, and we thank everyone who endured the wait. We continue to strive to be as transparent as possible and to report our successes to the market."
Ideal Financial CFO, Ben Larsen added, "After a considerable effort and a few delays, I am very pleased that we have reached this major milestone. We are committed to maintain the momentum by growing our customer base, cutting costs, and improving shareholder value."
About Ideal Financial Solutions
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 debt relief services, 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: http://www.youtube.com/watch?v=GFTKoRkByu0
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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 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 will not begin trading on the OTCBB immediately, or at all, in light of the fact that the timing and fact of change from the Pink Sheets to the OTCBB is controlled by market makers and the OTCBB, rather than the company. The company expressly disclaims any obligation to update or revise any forward-looking statements found herein.