LAS VEGAS, Nov. 5, 2009 (GLOBE NEWSWIRE) -- News released this morning by Ideal Financial Solutions, Inc. (Pink Sheets:IFSL) appears to be the latest in an ongoing effort by the financial service equity in securing the affection of its shareholders. Today's news reports that the company has exceeded its own recent promise to buy back and retire shares significantly in the first month since the pledge was made. This announcement is the latest in a series of 'shareholder centric' initiatives by IFSL over the past few months as the company has taken steps to go to a senior exchange, promised not to do a reverse stock split for at least a year and of course, begin this buyback.
Moreover, these acts have come while the company has been successful in reaching many of its corporate revenue goals. Last week, Ideal Financial issued a release stating that the company could project revenue growth of over 700% versus the previous year. This follows on the heels of a June release in which the company reported that Q2 revenues of $3,000,000 doubled those of the previous quarter.
The company's successes come at a time when its automated system for attacking debt and building wealth has found traction among recession-mired investors. Savvy marketing and a tweaking of the company's subscription model to make it more affordable up front were also positive factors in gaining the trust of the consumer. Today's release appears to be an effort to do so for IFSL shareholders as well.
Ideal Financial's news release today can be viewed under the stock symbol "IFSL" or "IFSL.pk" across the financial web.
A profile featuring Ideal Financial Solutions and of interest to investors of financial service companies Charles Schwab (Nasdaq:SCHW), TD Ameritrade (Nasdaq:AMTD), E-Trade Financial (Nasdaq:ETFC), and Bank of America Corp. (NYSE:BAC) is available at www.SmallCapSentinel.com/IFSL
Locate every blog, news item, message board and more for any of these companies at financial search engine www.BoardMark.com
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