LAS VEGAS, Sept. 30, 2009 (GLOBE NEWSWIRE) -- Ideal Financial Solutions, Inc. (Pink Sheets:IFSL) today announced it has no plans to initiate a reverse stock split in the next 12 months.
"Our decision to inform the market that we have no present intention to execute a reverse stock split at this time should not be interpreted conversely that we have a strong interest in such an action at any point in the future. As with all our business decisions, we regularly reassess and evaluate the benefits and try to make the best decisions for our present shareholders and the company," said Sunyich.
Investors are reminded to tune-in to a CEO interview today with Ideal Financial's Steve Sunyich. The interview will be available at the link below shortly after the close of the Wednesday trading session and will touch on today's announcement among other subjects:
http://smallcapvoice.com/blog/9-30-09-audio-interview-with-ideal-financial-solutions-inc-otcpk-ifsl/
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(C) tools (www.myifs.com) and its Credit to Wealth Systems to assist individuals, families and small businesses in building financial independence. To view a short video demo of our services go to www.youtube.com/idealfsi. For investors who would like to receive Ideal's newsletter, please send your email address to: support@idealfsi.com
For the latest news and press, please visit www.idealfsi.com
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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, that future revenue may not meet projections 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.