LAS VEGAS, Oct. 1, 2009 (GLOBE NEWSWIRE) -- Strong news from debt management company Ideal Financial Solutions (Pink Sheets:IFSL) after the bell today could dramatically affect the way shareholders view the equity. Investors have seen the stock price rise precipitously as the company reports fairly substantive news and revenue to the market. However, there has been a looming concern regarding the prospect of a dreaded reverse stock split as the company considers seeking listing on a senior exchange. But yesterday after market, IFSL took that fear out of the market, at least for the next year, by confirming that the company will not engage in a reverse stock split for at least a 12 month period. For many investors, this will be much appreciated and should allay this significant and perhaps reasonable concern.
Additionally, IFSL CEO Steve Sunyich conducted a brief audio interview with SmallCapVoice, answering a multitude of shareholder questions about the company's future, marketing and more. It's a great window into IFSL's present and future and listeners will be surprised by Sunyich's candor and what he has to say. This interview is of interest to investors of other financial service companies Charles Schwab (Nasdaq:SCHW), TD Ameritrade (Nasdaq:AMTD), E-Trade Financial (Nasdaq:ETFC), and Bank of America Corp. (NYSE:BAC).
It can be heard at the following link:
http://smallcapvoice.com/blog/9-30-09-audio-interview-with-ideal-financial-solutions-inc-otcpk-ifsl/
A profile detailing IFSL, a company rapidly selling an automated system that helps consumers reduce debt and build wealth, is available at: www.SmallCapSentinel.com/IFSL
Ideal Financial's news releases can be viewed under the stock symbol "IFSL" or "IFSL.pk" across the financial web.
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Statements herein may contain forward-looking statements and are subject to significant risks and uncertainties affecting results. SmallCapSentinel.com is property of Integrity Media Inc. (IMI). IMI provides no assurance as to the subject company's plans or ability to effect proposed actions and cannot project capabilities, intent, resources, or experience. The subject companies haven't always approved the statements made in this report. This report is neither a solicitation to buy nor offer to sell securities and is for information purposes only and shouldn't be used as basis for investment decisions. IMI isn't an investment advisor, analyst or licensed broker dealer and this report isn't investment advice. (IMI) has been and will be paid $5,000 per month ($10,000 to date) for six months by Ideal Financial Solutions and will receive 35,000,000 shares of IFSL for this report and other advertising services for a six month period. Paid reports constitute a conflict of interest as to IMI's ability to remain objective in communication regarding subject companies.