Another one for my watchlist. Impressive record...
SmallCapSentinel.com: Progress and Profits Wednesday 07/22/2009 9:35 AM ET - Globenewswire
Related Companies Symbol Last %Chg IFSL 0.0033 -10.81%
As of 3:59 PM ET 7/24/09 Over the past two months Small Cap Sentinel has been following the meteoric ascent of Ideal Financial Solutions, Inc. (Pink Sheets:IFSL), a compelling story about a company that has built a rapidly growing business by creating a system that shows consumers how to free themselves of debt and build up cash. And sales have been remarkable.
The stock has risen dramatically over the last two months on a fantastic blend of savvy marketing and extremely strong revenue growth. In just the last few months IFSL has announced the following:
* Ideal Financial Solutions Doubles First Quarter Revenue With Over $3,000,000 in Second Quarter Revenues
* Ideal Financial Solutions Announces New Partnership Recurring Revenues Exceed $2,300,000 in First Half of 2009
* Ideal Financial Solutions Declares the Company Now Has Over $1,000,000 in Cash Assets
Adding to this, Ideal Financial has just announced that they have posted their unaudited financials on PinkSheets.com. While this may sound trivial, it isn't. It's a huge step forward in going to the next level. As the release states, "By posting its financial statements on Pinksheets.com, the company is continuing on its path of becoming a fully-reporting company."
We firmly believe that this will dramatically increase interest in IFSL and recognition of its record revenue growth.
IFSL : It's a solid investment. I bought shares in 2007,(a long time ago) at 0.0001 and today(07/28/09) I am happy at the current price of 0.0024. A good investment takes time to mature, although we all prefer getting it quick. I also heard a rumor that it may be positioned to trade at NASDAQ, but I am not sure of that since some rumors are nothing but rumors. Early this morning it shade some, thus giving folks the opportunity to get in. Then again, it's worth watching on your watchlist. As always, do your own research.
Posts: 602 | From: Minneapolis | Registered: Jul 2009
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LAS VEGAS, Aug. 26, 2009 (GLOBE NEWSWIRE) -- Ideal Financial Solutions, Inc. (Pink Sheets:IFSL) announced today that Murphy Analytics, an equity research group, has initiated coverage on Ideal Financial Solutions, Inc. with an "Outperform" rating.
In the report entitled "Turning Debt Into Wealth - One Family at a Time" Murphy Analytics points out: "IFSL Q2 2009 revenue increased over 100% relative to Q1 2009. Based on a recent stock price of $0.0037, the implied price / earnings ratio for IFSL is 14.5x. As reference, the Invesco Powershares QQQ, which tracks the Nasdaq-100 Index, recently traded at a P/E ratio of 19.3x."
"We are very pleased with the quality of Murphy Analytics research coverage," said Steven Sunyich, CEO of Ideal Financial Solutions. "The report provides serious investors with an in-depth understanding of our Company and the opportunity for our shareholders. After intense review, we're pleased that Murphy Analytics sees a great deal of upside in both the near and long term and has initiated coverage on IFSL with an Outperform rating. We hope that this report furthers our goal to provide more transparency to the market and to better demonstrate the good things happening at Ideal Financial."
From the report:
"With increases in household debt and unemployment, coupled with declines in home prices and the lack of growth in wages, the U.S. consumer is awakening, by choice or not, to a new approach to managing personal finances. This more conservative personal fiscal mentality seems to be captured by an increase in the savings rate. Macroeconomic conditions seem to provide a clear need for IFSL solutions both currently and into the foreseeable future."
"Based on the view that changing consumer attitudes and macroeconomic conditions will drive demand for the IFSL solution in the near and long-term, Murphy Analytics is initiating coverage with an "Outperform" rating as the stock has the potential to appreciate based on continued revenue growth and P/E multiple expansion."
About Ideal Financial Solutions
Based in Las Vegas, 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 tools (www.myifs.com) and its Credit to Wealth Systems (www.credittowealth.com) to assist individuals, families and small businesses in building financial independence. For investors who would like to receive Ideal's newsletter, please send your email address to: support*idealfsi.com.
Murphy Analytics provides company-sponsored research coverage on small-cap stocks in a broad range of sectors. Murphy Analytics was paid $5,000 by Ideal Financial Solutions in advance of the creation of this report. For additional information, please visit http://www.murphyanalytics.com. The views expressed in the report on Ideal Financial Solutions accurately reflect the analyst's personal views. Neither the analyst's compensation nor the compensation received by Murphy Analytics is in any way related to the specific rating or the views contained in this research report.
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 second quarter revenue may not meet projections because of a associated with the company's new marketing and other initiatives will exceed associated revenues 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.
LAS VEGAS, March 16, 2010 – Ideal Financial Solutions, Inc. (IFSL) today announced audited financial results for the years ended December 31, 2008 and 2009. Revenue for the year ended December 31, 2009 of $7.3 million, was a 690% increase over $924,000, the revenue for the prior year. Net income for 2009 year was $883,500, which represents an increase of 375% compared to the net loss ($323,000) in the prior year. In addition, cash flows from operations were $736,000, which was an increase of over 900% compared to the prior year of 72,000.
These financial statements include an increase in total assets of nearly 300% from $179,000 to $752,000, which mainly consists of cash and merchant cash reserves. Total liabilities resulted in a decrease of 25%, which consists of a 190% increase in accounts payable due to increased operations, and decreases in both accrued wages and notes payable of a combined $627,000 or 41% less than the previous year. “We are extremely pleased with all of the effort that has gone into the completion of our audited financial statement and the final 2009 numbers,” said Steve Sunyich, CEO at Ideal. “We will continue our efforts to provide transparency and shareholder value.” “Strong reception of our online services has resulted in exponential top-line growth,” said Ben Larsen, Chief Financial Officer at Ideal. “We are improving our accounting and reporting abilities daily which will help operations of the company as well as provide our investors the data needed to make informed decisions. We have begun drafting a Form 10 and intend to file it with the SEC in the coming weeks.” “2009 has been an eventful and exciting year,” added Kent Brown, Chief Operating Officer. “We are navigating a complex, online marketplace during a tumultuous economic period and we believe we have in place the personnel, the marketing and the strategic partners to continue our success into 2010 and beyond.”
Posts: 3255 | From: Los Angeles California | Registered: Jan 2006
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FYI, According to today's news management has been compensated for accrued salary at a PPS of .004. Looks like they expect some growth along with the uplisting probably going to happen in a month or 2 (my guess).
Take a look at the previous PR's & financials (Just become a fully SEC reporting company). This is a company trying to get on the right track.
Posts: 25 | Registered: Oct 2007
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