LAS VEGAS, Sept. 21, 2011 (GLOBE NEWSWIRE) -- Ideal Financial Solutions, Inc. (OTCQB:IFSL), a fully reporting company listed on the OTCQB, creator and seller of various financial products and services for businesses and individuals reports that the company has decided to renew its pursuit of a listing on the Over-the-Counter Bulletin Board (OTCBB).
"While the company is pleased with the efficiency and exposure of our listing on the electronic OTC Markets OTCQB exchange we have received significant interest from members of the brokerage community who would like to see us listed on the traditional OTCBB as well," stated Scott M. Manson, Chief Financial Officer and General Counsel. "We understand that the considerable increase in our market capitalization changes the perspective of the investing community for our company and it is our goal to be as accessible as possible to as many investors as we can, institutional or retail. With our Form 10 already approved, we intend to consider a sponsoring broker from those who have expressed interest."
"Despite our level of contentment with the OTCQB and its role in the growth of our increased trading volume, it is clear that there remains a large constituency of financial professionals who greatly value the traditional OTCBB," stated Steve Sunyich, CEO, Ideal Financial Solutions. "And there's no doubt that the fact that some major quote services that reflect us as a '.pk' or pink sheet company when we have long been fully reporting gives new investors the false impression that we are not fully reporting. A listing on the OTCBB should correct this. Lastly, it is our intention to remain listed on the OTCQB as well as the OTCBB."
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(C) 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
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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.