LAS VEGAS, March 19, 2012 (GLOBE NEWSWIRE) -- Ideal Financial Solutions, Inc. (OTCBB:IFSL), creator and provider of various financial products and services for businesses and individuals, has published a comprehensive investor presentation for review by present and prospective investors as part of an increased outreach and awareness initiative. The release coincides with the company's uplisting to the Over-The-Counter Bulletin Board (OTCBB), effective March 8, 2012.
"We have been waiting for our OTCBB approval to begin our formal outreach to both the institutional and retail markets," Steven Sunyich, CEO, Ideal Financial Solutions. "We do not believe that these markets are sufficiently aware of the revenue successes we have had in recent quarters nor that we have been fully-reporting for years. The OTCBB listing should greatly assist us in raising our awareness among investors."
Ideal Financial Solutions posted revenue of $3,297,149 and net profits of $2,425,642 for its most recent reported quarter (Q3/2011) and expects to file its Form 10K which is due on March 30, 2012
The Ideal Financial Solutions Investor Presentation is available online at http://www.idealfsi.com/uploads/InvestorPacket.pptx
As part of the effort, recently hired Vice President - Corporate Finance Dan Foley will begin in-person and electronic outreach efforts with microcap-interested institutions. Foley previously served as head of investor relations and as part of the corporate finance teams at MGM Resorts and Caesars Entertainment in Las Vegas, Nevada as well as several years as an associate analyst on the sell-side, covering leisure and entertainment companies at Bear Stearns in New York, New York. Foley was in attendance at a leading capital conference in Southern California last week, speaking with institutions.
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
A copy of the investor presentation also is attached hereto. The information contained in this press release, shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities under Section 18.
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.