LAS VEGAS, March 8, 2012 (GLOBE NEWSWIRE) -- Ideal Financial Solutions, Inc. (OTCBB:IFSL), creator and provider of various financial products and services for businesses and individuals is pleased to announce that it has been approved for trading on the Over-The-Counter Bulletin Board (OTCBB), effective Thursday, March 8, 2012.
"We are very pleased to have reached this milestone," stated Steven Sunyich, CEO, Ideal Financial Solutions. "We believe that our listing on the OTCBB confers upon Ideal Financial the recognition it deserves for its reporting and earning successes. Now, we believe we can tell the dynamic story of our significant revenue and profit growth to the broader market that the OTCBB affords."
"We know from our institutional outreach efforts that uplisting to the OTCBB provides both a functional and psychological benefit," Sunyich stated. "Not only does the listing make our fully reporting status more obvious to those who did not realize that the '.pk' after our ticker symbol at Yahoo Finance did not mean that we were non-reporting, but it also opens IFSL to institutional investment by firms which are bound by their charters to only invest in equities at the OTCBB level or higher. It is a significant day for our company and shareholders."
Ideal will continue to be quoted under the symbol IFSL.
A link to the OTCBB system changes including IFSL's uplisting is available here: http://www.otcbb.com/asp/dailylist_detail.asp?mkt_ctg=OTCBB&d=03/07/2012
About Ideal Financial Solutions
Based in Las Vegas, Nevada, Ideal Financial Solutions (http://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 financial services, Ideal uses its automated CashFlow Management© tools and its Credit to Wealth Systems to assist individuals, families and small businesses in building financial independence. Select the following links to view more information on Ideal's brands such as Ideal Financial HR, Ideal Cash Secrets and iLenderAssistance.com. Please connect with us on Linkedin or Twitter. 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 http://www.idealfsi.com.
IFSL's new XBRL/SEC portal provides access to filings and more at http://www.idealfsi.com/investors/ifsl-investor-relations/financial-reporting
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 grow as projected; that increases in marketing or other expenses may increase more rapidly than revenues; that any recent positive trends in the company's financial position may be reversed because of declines in revenues, increases in costs and/or unexpected liability event. The company expressly disclaims any obligation to update or revise any forward-looking statements found herein.