News & Features

 
 

Ideal Financial Solutions to Expand Broker Outreach Program

LAS VEGAS, July 6, 2010 (GLOBE NEWSWIRE) -- Ideal Financial Solutions (Pink Sheets:IFSL - News) has announced that the company will expand its broker outreach program. Beginning in early July and led by Ideal Financial Investor Relations Director Paul Currie, the company will commence with an expansion of the current broker relations effort using various media and personal contact to present the company and its recent successes to professional stockbrokers.

"As we await our Form 10 approval, we feel that it's important for brokers that we've been in contact with over the last few years to be aware of these developments," stated Steve Sunyich, CEO. "Additionally, it's an opportune time to identify more individuals and firms from the financial community who are not aware of our achievements or for whom our potential uplisting may be important. As always, we encourage anyone looking at Ideal to contact Mr. Currie."

A letter to brokers who have contacted Ideal Financial will be arriving to them directly and is available for review online at the link below:

http://www.idealfsi.com/investors/ifsl-investor-relations/an-ideal-time-to-look-at-ifsl

"Moreover, we intend to continue our efforts within the retail community and are evaluating various future awareness initiatives that meet our strict guidelines," Sunyich added.

About Ideal Financial Solutions

Based in Las Vegas, Nevada, 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(C) tools (www.myifs.com) and its Credit to Wealth Systems to assist individuals, families and small businesses in building financial independence. To view a short video demo of our services go to www.ibuildwealthclub.net. Please become a fan of Ideal Goodness on Facebook.com by going to www.facebook.com/idealgoodness and help us spread the word.

For investors who would like to receive Ideal's newsletter, please send your email address to: support@idealfsi.com

For more information please join us on our daily Conference Calls:

Time 10:00 AM Pacific Time Monday -- Friday
Conference Number: (712) 432-6148
Access Code: 100033

For the latest online news and press, please visit www.idealfsi.com

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995.

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 efforts to become a reporting company and ascend to the OTC Bulletin Board will be delayed or prohibited as a result of a failure of the company to meet governing requirements, regulatory reviews or other issues. The company expressly disclaims any obligation to update or revise any forward-looking statements found herein.

Contact:

Ideal Financial Solutions, Inc.
Paul Currie
678-772-3456              
678-772-3456      
ir@idealfsi.com
www.idealfsi.com
www.facebook.com/idealgoodness


 

 
 

Ideal Financial Solutions Files Form 10 Submission and Reports First Quarter Revenues of Over 2.6 Million

LAS VEGAS, June 21, 2010 (GLOBE NEWSWIRE) -- Ideal Financial Solutions (Pink Sheets:IFSL - News) has announced the submission of a new Form 10, General Form for Registration of Securities, with the Securities and Exchange Commission (SEC). The filing can be found on the SEC's Electronic Data Gathering Analysis & Retrieval (EDGAR) website.

"As promised, we have promptly resubmitted our Form 10 with our continued intention to expeditiously achieve listing on the Over the Counter Bulletin Board (OTCBB)," stated Ben Larsen begin_of_the_skype_highlighting     end_of_the_skype_highlighting, Chief Financial Officer of Ideal Financial. "Our goals of complete transparency and listing on the OTCBB exchange are now closer than ever."

"There are additional important factors for our shareholders to note," Larsen added. "As many investors are aware, revenue recognition issues including deferrals and restatements are fairly commonplace with almost all reporting companies both large and small. The question of how and when revenue should be recognized can be very complex and is subject to scrutiny during an audit based on specific GAAP rules and guidelines. As a result, the need to refine the way we recognize our revenue was the main cause of our delay in the timely filing of our Form 10. However, it was necessary for us to address this now prior to the uplisting to the OTCBB."

First Quarter Results:

  1. Gross revenues increased from $1,617,247 in Q1 2009 to $2,650,761, an increase of over 63%. This represents our highest sales in a single quarter ever and is a sign of our sustained growth since 2007.
  2. Marketing and advertising expenses increased 167% to over $2.1 million. While this detracted from the bottom line in the first quarter it is an investment in the company's future and essential to penetration of Ideal's target marketing space.
  3. Total operating expenses were $3,097,741 in Q1 2010, an increase of 168% from the same period in 2009. This was due to our large investment in marketing and the expensive process of filing with the SEC including an audit of three years and attorney fees related to our registration document. We believe these to all be important expenditures to the continued success of Ideal.
  4. With the large increase in revenue, marketing and overall expenses, the company also had increases in merchant reserves, accounts payable and deferred revenue and ultimately reported a net loss for the quarter of ($466,640), which is a large decrease in profitability compared to the same quarter in 2009. We expect our results to improve as the year progresses.
  5. A restatement of revenue was necessary after reviewing our revenue recognition policy and calculations after improved data became available to us. As a result this affected each period previously reported.

"It is important to note that Q1 2010 is the largest gross revenue quarter the company has ever posted," said Larsen. "We are happy with our marketing efforts and gross sales, but realize profits are more important. We are confident that we can improve processes, tighten up our expenses and be profitable. The second quarter of 2010 already is already showing signs of a better bottom line."

About Ideal Financial Solutions

Based in Las Vegas, Nevada, 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(C) tools (www.myifs.com) and its Credit to Wealth Systems to assist individuals, families and small businesses in building financial independence. To view a short video demo of our services go to www.ibuildwealthclub.net. Please become a fan of Ideal Goodness on Facebook.com by going to www.facebook.com/idealgoodness and help us spread the word.

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 www.idealfsi.com

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995.

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 efforts to become a reporting company and ascend to the OTC Bulletin Board will be delayed or prohibited as a result of a failure of the company to meet governing requirements, regulatory reviews or other issues. The company expressly disclaims any obligation to update or revise any forward-looking statements found herein.

Contact:

Ideal Financial Solutions, Inc.
Paul Currie
678-772-3456 begin_of_the_skype_highlighting              
678-772-3456 end_of_the_skype_highlighting 
ir@idealfsi.com
www.idealfsi.com
www.facebook.com/idealgoodness
 
 

Ideal Financial Names New Vice President of Communications

Ideal Financial Solutions (Pink Sheets:IFSL), a financial services company that helps consumers decrease debt and build wealth, is pleased to announce the addition of Kurt Divich as Vice President of Communications. Mr. Divich will assist Ideal Financial in enhancing its communication efforts in all aspects of the company.

"We're thrilled to add Kurt Divich to our veteran management team," stated Ideal Financial CEO, Steven Sunyich. "Kurt's background as an experienced political writer, publicist, financial writer and pioneering Internet marketer make him the ideal fit. We are excited about the impact he will have in all our written efforts including a charge into new media. In addition, as we move to the OTCBB we are looking forward to Kurt's help to better communicate with our shareholders."

"I'm pleased to join the Ideal Financial team and to contribute in all areas of this dynamic company," stated Divich. "Ideal has been adept at pursuing opportunities in many arenas and I strongly believe that enhanced communication can improve efficacy within those realms, enhance customer satisfaction and more."

 
 

Ideal Financial Solutions Reports Progress on OTCBB Uplisting

Ideal Financial Solutions (Pink Sheets:IFSL), a financial services company that helps consumers decrease debt and build wealth, is pleased to announce that the process for registering with the Securities and Exchange Commission (SEC) has passed a major milestone. The SEC has responded to our Form 10 submission with a comment letter in order to clarify or improve the disclosure requirements. The comments were not extensive and will be addressed in a response letter and amendment as soon as our quarterly financial statements are ready for inclusion in such amendment.

"We expect to be able to incorporate the requested changes and clarifications into our Form 10 registration statement quickly and finalize the uplisting process," said Ben Larsen, Chief Financial Officer of Ideal Financial Solutions, Inc. "It is exciting to take these last steps toward being a fully-reporting company listed on an OTC stock exchange. We have put a lot of effort into improving the accounting, reporting and internal controls at Ideal and are excited to be able to provide timely, accurate financial information to shareholders and prospective investors."

"The process of moving from the Pink Sheets and into full SEC compliance has been costly and time consuming but was in our opinion one of the best things we could do for our company and its shareholders," said Steve Sunyich, Chief Executive Officer of Ideal Financial Solutions, Inc. "I believe this considerable effort will better position the company for the future and open IFSL to a new community of prospective shareholders who would not have considered us on the lower exchange."

For more information, please join us on our daily Conference Call:

Time: 10:00 AM Pacific Time, Monday - Friday Conference Number: (712) 432-6148 Access Code: 100033

About Ideal Financial Solutions

Ideal Financial Solutions 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 technology leader in personal cash flow management systems, Ideal uses its automated CashFlow ManagementTM tools (www.myifs.com) and its Credit to Wealth Systems to assist individuals, families and small businesses in building financial independence. To view our short videos of our products & services, go to www.youtube.com/idealfsi. Please become a fan of Ideal Goodness on Facebook.com by going to www.facebook.com/idealgoodness and help us spread the word. Two other websites that explain our services in further detail are www.idealfinancialhr.com and www.idealcashsecrets.com.

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 www.idealfsi.com.

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 following risks: that the company will not complete the SEC registration process; that despite the company's becoming a reporting company, transition to the OTC Bulletin Board will be delayed or prohibited as a result of regulatory reviews or other issues; that despite being quoted on the OTC Bulletin Board, the company's common stock will not attract additional investors or interest due to its low price or other reasons. In addition, other risks are identified in the company's Form 10 filed with the SEC. The company expressly disclaims any obligation to update or revise any forward-looking statements found herein.

CONTACT:  Ideal Financial Solutions, Inc.
Paul Currie
678-772-3456
ir@idealfsi.com
www.idealfsi.com

 
 

Ideal Financial Solutions Announces Submission of Form 10, Takes Next Step to List on Bulletin Board.

LAS VEGAS, NV, April 6, 2010 –  Ideal Financial Solutions (OTC: IFSL) is pleased to announce the submission of Form 10, General Form for Registration of Securities, with the Securities and Exchange Commission (SEC).  The filing can be found on the SEC’s Electronic Data Gathering Analysis & Retrieval (EDGAR) website.

“This is another large step in our continued growth and improved corporate governance,” stated Ben Larsen, Chief Financial Officer of Ideal.  “With the completion of the audit and the filing of our registration document, we have more transparency and detailed information for investors. Once the SEC processes our filing and we go effective, our stock will be traded on the Bulletin Board; a goal we have had for over a year.  As the first quarter ends, we are eagerly preparing for our first Form 10-Q when we can again give investors details about our continued growth and progress.”

“This has been a long and important process to do our best for our current and future investors,” added Steven Sunyich, Chief Executive Officer.  “The focus of all our efforts is to improve the lives of our customers, employees and stockholders.  We will continue these endeavors in what has already become a very eventful year at Ideal.”

For more information please join us on our daily Conference Calls:
Time: 10:00 AM & 6:00 PM Pacific Time Monday - Friday
Conference Number: (712) 432-6148
Access Code: 100033

 
 

Ideal Financial Solutions Releases Audited Financials, 2009 Revenue Exceeds $7 Million

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.”

For more information please join us on our daily Conference Calls:

Time 10:00 AM & 6:00 PM Pacific Time     Monday – Friday
Conference Number: (712) 432-6148
Access Code: 100033

 
 

Ideal Financial Solutions Revenues Increase Over 220% Compared to Same Period Last Year

LAS VEGAS, March 9, 2010 – Ideal Financial Solutions, Inc. (OTC: IFSL) today reports that February 2010 revenues increased 223% compared to the same period last year.

“As we wait for the audit report from our auditors, we are very pleased to report continued operational growth and profits,” said Ben Larsen, CFO of Ideal Financial Solutions. “We have continued our momentum from 2009 with an increase in total revenue of 223% for the month of February 2010 compared to February 2009.  In addition, we have strong cash reserves and are positioned to continue to expand operations, pay off liabilities and fund our public filings all without outside funding or diluting stock.”

“It is important to us to be able to help people around the world and hire good employees while increasing shareholder value during arguably the worst economy since the 1930s”, adds Steve Sunyich, CEO of Ideal Financial Solutions.

For more information please join us on our daily Conference Calls:

Time 10:00 AM & 6:00 PM Pacific Time     Monday – Friday
Conference Number: (712) 432-6148
Access Code: 100033

 
 

Ideal Financial Solutions Seeks to Reduce Financial Distractions Among Employees with Cash Flow Management Solution

New Initiative Opens Ideal to Larger Recurring Membership Streams

LAS VEGAS, NV— March 3, 2010 – In response to research concluding that employees trying to resolve personal financial struggles cause an average of 20 hours per month distraction at many workplaces, Ideal Financial Solutions, Inc. (OTC: IFSL) has mounted a campaign to introduce its financial wellness program, Cash Flow Management System, to top corporations and firms. The popular program is designed to help financially distressed employees return to financial security, health, and confidence.

At inception, Ideal sets up the fiscal counseling program internally so employees can once again concentrate on being successful in the workplace. Coupled with automated tools and support, the Cash Flow Management System provides the education to create additional cash resources, rapidly eliminate debt, and build financial independence.

Steven Sunyich, CEO Ideal Financial Solutions stated, “It’s like having a personal accountant readily accessible.  According to the Federal Reserve, 15-20% of employees have financial problems severe enough to adversely affect productivity in the workplace.  In fact, Good Morning America reported absenteeism has tripled at the workplace in the last year due to stress. We suggest Company Owners and Human Resources’ Managers allow us to bring in our program so employees can access the Cash Flow Management System to assist them with fiscal counseling.  Having the resources to automatically track and monitor cash flow provides the financial security and confidence necessary for success in the workplace.  Studies confirm corporate participants in Ideal’s financial programs have higher productivity, reduced absenteeism, better attention, increased loyalty, improved health, decreased administrative costs, resulting in increased profits for their companies. Employers that allow workers to use the Ideal program to automatically track and monitor cash flow are improving their own financial prosperity.  We have already given numerous presentations to employers with positive results,” said Sunyich.

Learn more at http://www.idealfinancialhr.com

For more information please join us on our daily Conference Calls:

Time: 10:00 AM & 6:00PM (Pacific Standard Time)
Days:  Monday – Friday
Conference Number:  (712) 432-6148
Access Code:  100033

 
 

Ideal Financial Solutions Reports 500% Year-Over-Year Revenue Growth

LAS VEGAS, March 2, 2010 – Ideal Financial Solutions, Inc. (OTC: IFSL) today announced that its auditors are finalizing the audited financial statements and that preliminary results indicate a growth in revenue in 2009 of over 500% in a year-over-year comparison to 2008.

“We knew we had a spectacular year, but weren’t exactly sure what a full audit would reveal about the strength of our numbers”, said Benjamin Larsen, CFO of Ideal Financial Solutions.  “Soon, we will have our full financial statements back from the auditors and will be ready to make the details public to the market at large.  We are excited with the results of the audit and look forward to improved reporting and revenue as we continue to grow.”

“With the audited financial statements from the independent accountants, we will be ready to file with the SEC, and continue our efforts of maximizing stockholder value and improving corporate citizenship,” added Kent Brown, COO.  “We have been able to finance operations, expand our management team, pay down debt, and pursue new and exciting business with our humanitarian effort, all while going through the considerable effort – and legal and audit expense – of filing with the SEC.  Our current position is enviable; huge corporate goals and expenses are behind us or nearly behind us and we reasonably believe that our future is very bright.”

For more information please join us on our daily Conference Calls:

Time: 10:00 AM & 6:00PM (Pacific Standard Time)
Days:  Monday – Friday
Conference Number:  (712) 432-6148
Access Code:  100033

 
 

Ideal Financial Solutions Launches Ideal Goodness, a Home-Based Humanitarian Business

Las Vegas, March 1, 2010 – Ideal Financial Solutions, Inc. (OTC: IFSL) announces the official launch of Ideal Goodness, (www.idealgoodness.com) a dynamic, multi-benefit home-based humanitarian business that allows individuals to start a business from home, create tax benefits and recurring revenue, all while providing meals to individuals in dire need.

“With our website completed and our customer service agents fully trained we are ready to officially launch Ideal Goodness,” said Steven Sunyich, CEO of Ideal Financial Solutions. “The time is right for our business to add Ideal Goodness to its portfolio and as global events remind us time and again, the world needs more Ideal Goodness.”

“Ideal Goodness is about doing three things.  First, it is about helping middle-income wage earners learn the secret of using tax dollars to increase their net income and help feed people on the verge of starvation.  Second, it is about assisting our club members in building residual income to increase their gross income through a network of like-minded people.  And last but not least, it is about profits for our shareholders.  By creating a lifetime club member in this manner we reduce the cost of obtaining new club members and increase profits,” said Sunyich.

Members of Ideal Goodness: 
* Become self-employed, home-based business owners
* Help the poor and hungry around the world
* Are eligible for tax benefits previously unavailable as a wage earner
* Enjoy residual income, while helping others 

For more information please join us on our daily Conference Calls:
Time: 10:00 AM and 6:00 PM (Pacific Standard Time)
Days:  Monday – Friday
Conference Number:  (712) 432-6148
Access Code:  100033

 
 

Ideal Financial Solutions Launches New Ideal Goodness Website; a business for home-based humanitarians

Las Vegas, February 18, 2010 – Ideal Financial Solutions, Inc. (OTC: IFSL) announces launching their new Ideal Goodness website at www.idealgoodness.com Ideal Goodness is a home-based humanitarian business with significant tax benefits.

“Ideal Goodness is a tax strategy geared to middle income wage earners.  Members become self-employed and eligible for tax benefits previously unavailable as wage earners.  Generally funded with tax dollars, members are providing thousands of Meal Packs to those on the verge of starvation from extreme poverty and famine.  As new business owners, Ideal Goodness members have the option to recruit others to help in the effort to banish poverty and at the same time find additional residual income.  We expect it to be a very popular humanitarian project,” states Steven Sunyich, CEO of Ideal Financial Solutions

“The Ideal Goodness website is the second step in our March 1, 2010 launch of the Ideal Goodness campaign.  Ideal Goodness helps feed starving people around the world.  Meal Packs are produced in the USA, distributed by Americares, and funded by the members of Ideal Goodness through their own tax dollars,” states Brian Jensen, VP Marketing, Ideal Financial Solutions.

Members of Ideal Goodness:

* Become self-employed home-based business owners
* Help the poor and hungry around the world
* Are eligible for tax benefits previously unavailable as a wage earner
* Find personal financial freedom
* Recruit others to help banish poverty

For more information please join us on our daily Conference Calls:

Time: 10:00 AM (Pacific Standard Time)
Days:  Monday – Friday
Conference Number:  (712) 432-6148
Access Code:  100033

 
 

Ideal Financial Solutions Launches New Internet Marketing Campaigns

Las Vegas, February 16, 2010 – Ideal Financial Solutions, Inc. (OTC: IFSL) announces launching search engine optimization (SEO), pay-per-click (PPC), and Social Networking campaigns to expand its marketing efforts.

“After much keyword, data and demographic research, we are starting our SEO & PPC campaigns so we can be found both organically & fee-based on the three major search engines Google, Yahoo and Bing.com plus the largest social networking site Facebook.com,” said VP of Marketing Brian Jensen.

Jensen adds, “With over half the nation already on broadband; Video on Demand (VOD), TiVo and DVR are bringing television advertising to its knees. Yellow page books are now mostly used for propping up youngsters at the dinner table. People prefer to access their information online, most frequently through search engines and online page type directories. This is why Ideal Financial Solutions is investing heavily in these campaigns. With the launch of our online efforts, we are poised for some explosive growth,” notes Jensen.

CEO Steve Sunyich adds, “We are in the final stages of launching the Ideal Goodness program which is expected to launch on March 1, 2010.  We will officially mass market this product via the web using our new SEO, PPC, and Facebook campaigns.”

For more information please join us on our daily Conference Calls:

Time 10:00 AM Pacific Time     Monday – Friday
Conference Number: (712) 432-6148
Access Code: 100033

 
 

Ideal Financial Solutions Achieves ‘Current Information Status’ on the Pinksheets

LAS VEGAS, February 10, 2010 – Ideal Financial Solutions, Inc. (OTC: IFSL) today announced that it has been upgraded to “Current information status” on Pinksheets, www.pinksheets.com.

“This is just one more step toward becoming a fully reporting company and a move toward our goal of being traded on the OTCBB,” said Ben Larsen, CFO of Ideal Financial Solutions.  “All of our work has been completed for the audit and we are waiting for our auditors to issue their final report.”

“We started 2009 with a ‘Stop’ sign next to our ticker on PinkSheets.com.  Through improvement in our accounting and disclosure procedures we upgraded to a ‘Yield’ sign last summer.  Now due to our efforts to file with the SEC, we have had been upgraded and the “Yield” sign has been removed,” added Steven Sunyich, CEO.  “Our momentum has continued into 2010 and we are more excited than ever about the future.”

For more information please join us on our daily Conference Calls:

Time 10:00 AM Pacific Time     Monday – Friday
Conference Number: (712) 432-6148
Access Code: 100033

 
 

Ideal Financial Solutions New Club Members Increase Over 130% Compared to Same Period Last Year

January 2010 Becomes 25th Consecutive Growth Month

LAS VEGAS, February 3, 2010 – Ideal Financial Solutions, Inc. (OTC: IFSL) today reports that January 2010 trial club memberships have increased over 130% compared to the same period last year.  Club membership is the primary profit driver for Ideal Financial, accounting for 99% of the company’s revenue.

“2009 was a great year for IFSL as we watched our revenues and profits continue to grow and our stock price increase over 3500% during the year,” said Steven Sunyich, CEO of Ideal Financial Solutions. We are also excited to report that January 2010 is our 25th consecutive month of revenue growth. While other companies floundered or failed in a deep recession, we shifted our model to help those in need of our products and have capitalized on our decision.”

“I think it’s interesting to note that January of last year was near the peak of despair in the economy and personal finance which provided fertile ground for us in effectuating our new model and helped us gain more traction,” Sunyich added. “However, the radical growth we’ve had since that point confirms our success in our transition to a fully functioning, fully reporting public corporation, that we are not a fad, but a trend and solution with real staying power. Moreover, we are pleased that our new marketing initiatives are working and our numerous, diversified partnerships are delivering additional members every day.”

For more information please join us on our daily Conference Calls:
Time 10:00 AM Pacific Time     Monday – Friday
Conference Number: (712) 432-6148
Access Code: 100033

 
 

Ideal Financial Solutions Files Documents to Move to OTC Market Tier

LAS VEGAS, January 28, 2010 – Ideal Financial Solutions, Inc. (OTC: IFSL) today announced that it has filed the Initial Company Information and Disclosure Statement required to meet the Pink Sheet’s Guidelines for Providing Adequate Current Information.

“In our effort to move toward our goal of being traded on the OTCBB, we decided to file the necessary documents to upgrade our filing status on the Pink Sheets,” said Ben Larsen, CFO of Ideal Financial Solutions.  “This will qualify us to be a “transparent-tier” reporting company on the Pink Sheets News Service (www.pinksheets.com) and hopefully qualify IFSL for more activity, larger brokers and investment funds.

“Anyone who has gone through this process understands that much of the information needed to be prepared by legal counsel is very similar to the documentation needed to file a registration statement with the SEC.   As we wait for our financial statement audit to be finalized in the coming weeks, we felt this would be an important step in our continued efforts to become a fully reporting company,”   Larsen added. “This certainly shows progress toward our goal of a full OTCBB listing.”

For more information please join us on our daily Conference Calls:

Time: 10:00 AM Pacific Time     
Monday – Friday

Conference Number: (712) 432-6148

Access Code: 100033

 
 

CEO - Radio Interview with Boomer Times

Steve Sunyich, CEO of Ideal Financial Solutions talks about the new Ideal Goodness program.

Listen Now

 
 

Ideal Financial Solutions Humanitarian Effort Provides Over 1000 Meals in 2009

LAS VEGAS, January 11, 2010 – Ideal Financial Solutions, Inc. (OTC: IFSL) today announced that their humanitarian program Ideal Goodness, while still in pre-launch status, provided over 1000 meals to the hungry in 2009.

“We are excited to share this early success with those who have joined during our pre-launch and look forward to our formal launch of Ideal Goodness later this year,” said Steven Sunyich, CEO of Ideal Financial Solutions.  “The power of this program is its message.  When you ask someone if you can show them how to save up to $3 in taxes for every dollar they donate toward helping feed starving people, the answer is invariably… YES.  So far our main reach has been to our employees and marketing partners who are excited to help us launch and market this program.  Now we want to inform our shareholders of the value of this program before we do our formal launch.   Starting this week we are going to begin offering a short 30-minute conference call that will explain Ideal Goodness in detail and we will answer questions. Please see details below and join us in this effort.”

Time 10:00 AM Pacific Time Monday – Friday
Conference Number: (712) 432-6148
Access Code: 100033
Interested participants should email info@idealgoodness.com to receive a worksheet that will help them better understand the program during the conference.


“It is wonderful to be a profitable Pinksheet company with no debt, however we believe Ideal Goodness has the potential to feed thousands of starving people around the World and generate great shareholder value at the same time.  By sharing with the tens of thousands of active club members the secrets of how to divert their tax dollars to help feed starving people will be a winning formula for everyone.  When you add the fact that this program is a network marketing model and club members can begin to earn residual income without having to sell or market anything, this is a huge bonus,” said Sunyich.

 
 

Ideal Financial Solutions Begins 2008 and 2009 Audits

LAS VEGAS, January 6, 2010 – Ideal Financial Solutions, Inc. (OTC: IFSL) today announced that Hansen, Barnett and Maxwell, P.C. have begun work on the 2008 and 2009 audits.

“We are excited to have commenced an audit of our financial statements for the years ending 2009 and 2008 and intend to have it completed by the end of this month,” said Ben Larsen, CFO of Ideal Financial Solutions.  “Based on our current progress we expect we will have a Form 10 securities registration document drafted and filed with the SEC by the end of the first quarter, which will allow our stock to move to the OTCBB.  2009 has been an incredible year with 24 consecutive months of revenue growth, year over year, and the purchase of over 33,000,000 shares into treasury and retired.”

“We have assembled a great team and 2009 has been an outstanding year for us,” said Steve Sunyich, CEO of Ideal Financial Solutions.  “We ended the year in a strong cash position and have paid off all of our debt. Our goal now is to take our success story to the broader market that comes from listing on the OTCBB.”

 
 

CEO - Steve Sunyich (Radio Interview)

The CEO of Ideal Financial Solutions is interviewed on the radio about Ideal’s new product and existing services, please take 15 minutes to listen to this radio interview to fully understand Ideal’s services and plans for growth in 2010.

Listen to Radio Interview

 
 

Ideal Financial Solutions Expands into European Market

LAS VEGAS, December 16, 2009 – Ideal Financial Solutions, Inc. (OTC: IFSL) announced today it has launched its membership programs in the European market, beginning with English speaking consumers.

The company has already signed-up European members who were attracted to a business model that provided them with the benefits of a home based business and to participate in Ideal Financial’s goal to divert a percentage of corporate profits to its global hunger initiative. Ideal Financial believes it has created a unique “win/win/win” situation in which the consumer benefits immediately from the program and potential tax benefits from operating a home business, the company adds a revenue driving customer, and in the end substantial funds will be provided to a proven global hunger solution. 

“Looking back at our successes over the past year or so we felt compelled to contribute to a greater cause,” stated Steven Sunyich, CEO of Ideal Financial Solutions. “When we looked at our model and the global hunger initiative, we felt as if we could integrate it into our membership. And the results thus far have been overwhelmingly positive. We have no reason to believe that the European consumer will be any different.”
For more information on the Ideal Goodness program please call 800-230-4043 ext. 716 or email us at info@idealgoodness.com

 

 
 

Ideal Financial Solutions Restructures Management to Better Handle Continued Growth Into 2010

LAS VEGAS, December 10, 2009 – After 22 months of continued growth, Ideal Financial Solutions, Inc. (OTC: IFSL) today announced a change in two key senior management positions. In an effort to better handle future growth and the company’s plan to move to a senior exchange next year, Kent Brown has been promoted to Chief Operations Officer and Ben Larsen has been promoted to Chief Financial Officer. 

“With the overwhelming acceptance and growth of our low-cost online financial and humanitarian clubs, and the need to complete our 2008 and 2009 audits, we felt it best to shift some of our key team members to better prepare for our anticipated growth in 2010,” stated Steven Sunyich, CEO of Ideal Financial Solutions.  “Because Mr. Brown has so much management experience and has worn several hats as our company has grown, he has a broad understanding of the day-to-day operations of the company.  His new position as Chief Operations Officer is a perfect fit.  We brought Mr. Larsen on because of his SEC experience, and we are very impressed with his contributions to the management team.  We feel confident he will make an excellent Chief Financial Officer.”

“I am excited for the opportunity to oversee the operations of the company,” Brown said.  “I enjoy working with the ‘nuts and bolts’ of an organization to improve how the systems work, and to make adjustments when needed.” “Ideal is a great company and I could not be more thrilled to be part of the senior management team,” stated Larsen.  “We have a powerful management team and a great business model.  I see exciting things coming in 2010.”

 
 

Radio Interview with Steve Sunyich

Listen to the recent Radio Interview with CEO, Steve Sunyich of Ideal Financial Solutions, Inc. who talks about Ideal's successful business model along with a new business initiative that Ideal's launching called "Ideal Goodness" which is aimed at helping even more American’s reduce their tax liabilities, while providing 420 nourishing meals per year to starving children and families at zero cost.

Listen to the radio interview

 
 

Ideal Goodness, a Revolutionary New Humanitarian Program: Ideal Financial Solutions issues pre-launch announcement

LAS VEGAS NV - December 4, 2009 – Ideal Financial Solutions (OTC: IFSL), a leader in personal cash flow management and debt elimination services, today announced pre-launch information about their Ideal Goodness program. A revolutionary new humanitarian endeavor, Ideal Goodness is designed to help give nourishing food to starving people around the world, and provide at-home jobs for the unemployed.

Steven Sunyich, CEO of Ideal Financial Solutions states, “Giving is always the first step to receiving and there has never been a time when more people need help.  Each Ideal Goodness member could provide over 400 nourishing meals per year to one of many starving people around the world. Our goal is to help provide over 1000 meals by 12/31/09 and 10,000 meals per month by the end of 2010.  It costs nothing through the Ideal Goodness program and there may be some compensation for those working from home assisting with the Ideal Goodness program. We expect to launch early in 2010 with more updates.”

Ideal will reach out to the tens of thousands of active club members and anyone interested on joining the Ideal Goodness cause. The planned structure of the program allows members to give nourishing food to starving people each month and incur no actual cost. The program also provides at-home jobs to those out of work.

For more information or to join Ideal Goodness, call 800-230-4043 ext. 716 or follow us on facebook.com, Ideal Goodness and become a fan.

 
 

Ideal Financial Solutions Reports over 1,000% Revenue Growth Over Same Period of Previous Year

LAS VEGAS, November 27, 2009 – Ideal Financial Solutions, Inc. (OTC: IFSL) is pleased to announce that for year-to-date October 31, 2009, our unaudited revenue has increased over 1,000% compared with the same ten months of 2008. This growth represents 25 consecutive months with an increase over the same period in the previous year.
 
“Our auditors have not finalized our audit, and therefore we can not release completed and comprehensive financial data.  However, the preliminary data makes it clear that our company has achieved in excess of 1,000% revenue growth over the same period of last year,” stated Chris Sunyich, President of Ideal Financial Solutions.
 
“Moreover, we believe that this progress affirms our diversified marketing plan and, perhaps most importantly, the durability of our business model,” Sunyich added. “Last year, as financial markets were in peril, we saw dramatic increases in the use of our solutions. It’s emboldening to see consumers choosing us in larger numbers today, and it validates our belief that personal fiscal responsibility is a trend, not a fad, and that we will continue to be an active player in this market.”

 
 

Ideal Financial Solutions Engages Emerson Gerard Associates to Attract Media Coverage and Reach Potential Customers

LAS VEGAS, NV,  November 19, 2009 – Ideal Financial Solutions (OTC: IFSL), a leader in personal cash flow management and debt elimination services, today announced that it has engaged Emerson Gerard Associates to support the Company’s public relations campaign;  attracting media coverage and providing financial solutions to those most in need.

“Tens of thousands of Americans have been introduced to Ideal Financial Solutions this year and are benefiting from our programs, but there are millions who are in desperate need of our services who just don’t know we exist yet,” said Chris Sunyich, President of Ideal Financial Solutions.  “We hired Emerson Gerard for one reason; help get Ideal Financial Solutions on national radio and television so we can spread our message across the country. We know from our marketing successes that our product resonates nationally. Adding Emerson Gerard should amplify our efforts to reach potential customers.”

“My team is delighted to help those suffering with financial burdens. Ideal has brilliant programs in place that solve problems for consumers overwhelmed with debt. Carrying the Ideal message will be a rewarding effort for us,” notes Jerry Jennings, President of Emerson Gerard Associates.

 
 

Ideal Exceeds Commitment & Purchases Over 27 Million Shares of its Own Stock

Ideal Financial Solutions (OTC:IFSL) has announced that it has purchased $75,000 or 27,050,000 shares of its common stock, and placed them in treasury with plans to retire.  The stock buy-back amounts to approximately 45% of its unaudited net income, which exceeds its promised goal of using 3% of monthly net income for the purpose of retiring Company stock.

“We’re committed to our promise of creating value for our shareholders,” stated Ideal Financial CFO, Kent Brown. “This is a small first step, but we believe that it’s indicative of our concern for our investors and belief in the company’s future.”

 
 

IFS retains Hansen, Barnett and Maxwell, P.C. as auditors

“We are pleased to announce the selection of Hansen, Barnett and Maxwell as our auditors,” said Steven Sunyich, Chairman, Ideal Financial Solutions.  “We recently hired Benjamin Larsen as our controller, who prior to joining Ideal was an auditor specializing in high tech public companies with Hansen, Barnett and Maxwell.  One of the main reasons we hired a veteran like Ben was to help us get our financial statements audited as quickly as possible so that we might pursue an ascension to the OTC Bulletin Board.”

 
 

Financials, Projects 700% Revenue Growth Over Previous Year

Ideal Financial Solutions, Inc. is pleased to announce that the accounting department has finished closing September 2009, completed pre-audit work, and finalized a full conversion from income tax basis to US GAAP. A draft of the financial statements is posted online at www.pinksheets.com.

"We are pleased with the progress of Ideal in terms of operations, profitability, and growth as well as the accounting team we have assembled," said Ideal's CFO, Kent Brown. "We look forward to the audit process to further refine our controls and disclosures in preparation of filing with the SEC."

"Our year-to-date Sales through September 2009 of $5,329,544 and Net Income of $691,062 have grown dramatically when compared to the entire 2008 year of $1,039,141 and -$154,440 respectively," Brown further stated. "An annualized projection of sales through the third quarter indicates a possible growth of approximately 700% over last year. We are focused on bringing our debt-reduction and wealth-building solutions to as many people as we can and are excited to see the growth and direction in which Ideal is going.

"It is important to note that Q2 09 net revenue after refunds was just over $1.9M, which was very close to matching the figures from our enormous gross revenue growth in Q3. Our new way of not recording refunds on our financial statements in Q3 as opposed to the way we reported them in Q2 actually makes it appear as if this quarter was weaker when in fact it was another stellar quarter. Moreover, historically, Q1 and Q2 are the strongest quarters for non-retail internet marketing companies. The fact that we were able to hold steady with our revenues and have continued to generate profits in light of the cyclical nature of our business is a strong indication of how well our new model is working," Brown added.

 
 

IFS - Announces Stock Buy Back Plan

October 26, 2009, Ideal Financial Solutions, Inc. (OTC: IFSL), a leader in personal cash-flow management and debt elimination services, has announced its plan to repurchase and retire common shares from the open market as revenue and profits continue to increase.

“As revenues continue to increase, management has decided to take a minimum of 3% of our monthly profits to be used to repurchase common shares from the open market and to retire those shares to treasury for the next six months,” stated Ideal Financial Solutions Chief Financial Officer, Kent Brown. “We believe that this is the right move for us as we have worked hard to pay down our debt and to continue to use our cash resources to build market share.  Now we want to commit some of our cash to the repurchase of our stock.”

“We remain committed to this company’s long-term growth strategy and its shareholders.” Brown added.

 
 

IFSL - Provides Update on Auditors, Financials

Ideal Financial Solutions, Inc. (OTC: IFSL), a leader in personal cash-flow management and debt elimination services, is nearing completion of its selection process for auditors, having narrowed the search to two superior firms. The selection, which should be determined shortly, will result in Ideal Financial providing the market with its first independently audited financials in the company’s history.

“We are continuing to assemble a team that will allow us to seek a senior listing with three immediate goals and objectives. The first was to complete our third quarter financials, the second was to prepare our financial statements for an audit, and the third was to select an auditing firm to audit our financial statements,” said Ideal Financial Solutions Chief Financial Officer, Kent Brown.

“During the process of selecting an auditor we have also been preparing for an audit of the 2008 and 2009 calendar years, as well as the equity transactions from inception in 1993.  As a result of this work, our third quarter financials will be delayed briefly, but barring an unexpected delay, we believe they will be made public by October 31, 2009.” Brown added. 

 “We expect that this audit will effectively demonstrate our tremendous growth and as well as our intentions to build shareholder value by registering with the SEC and ascend to a more senior exchange,” Brown stated.

 
 

IFSL Launches New Website

According to the latest federal report, 76.4 percent of all American households carry consumer debt and 46.2 percent have credit card debt.  At the same time, the average debt-to-income ratio has increased approximately 25% since 1992. There has never been a time in our country when personal financial services have been more needed. The website was developed in part to effectively market to this constituency of individuals in dire need of the company’s services.
 
“Making the transition from a high cost/low volume model that charged thousands of dollars to sign up for to a low cost/high volume residual program that is affordable to everyone was a challenge but the results have been very rewarding,” said Chris Sunyich, President of Ideal Financial Solutions. “What started as a simple experiment has proven to be the catalyst to a very successful business model.  But far more important is the feeling of helping tens of thousands of clients with an affordable solution that helps them free up cash, defeat debt, and build the retirement they always dreamed of.”

“We felt that given the tremendous increase in interest in Ideal Financial and our product line that it was time to provide a website that better represented that sentiment,” Sunyich added. “We hope our customers and shareholders will agree and invite them to review our new website today.”

“Idealfsi.com has been designed for optimal SEO (search engine optimization) results. Google and other major search engines rank websites primarily on unique and continued content growth. Our new website will accomplish both these objectives through our proprietary content management system and our team of financial content providers,” said Brian Jensen – Ideal Financial Solutions, Vice President of Marketing.

 
 

IFS - Announces No Plans For A Reverse Stock Split

"Our decision to inform the market that we have no present intention to execute a reverse stock split at this time should not be interpreted conversely that we have a strong interest in such action at any point in the future. As with all our business decisions, we regularly reassess and evaluate the benefits and try to make the best decisions for our present shareholders and the company," said Sunyich.

 
 

Audio Interview with Steve Sunyich

SmallCapVoice.com, Inc. announced that a new audio interview with Ideal Financial Solutions, Inc. (Pink Sheets: IFSL) is now available. The interview can be heard here.

SmallCapVoice.com is a recognized corporate investor relations firm, with clients nationwide, know for it's ability to help emerging growth companies build a following among retail and institutional investors. SmallCapVoice.com utliizes its stock newsletter to feature its daily stock picks, auto interviews, as well as it's clients' financial new releases.

 
 

Ideal Financial Solutions Posts Current Financial Statements

“The income statement reflects gross earnings for the first half of 2009 of $4,715,809.42 with EBITDA of $795,457.95,” said Kent Brown, CFO of Ideal Financial Solutions. “It is also important to note that the company paid off $428,857.31 of its debt during this same period, and plans to pay off all external debt before the end of the third quarter of 2009.”

 
 

Ideal Financial Solutions Signs New Marketing Agreement With Bracknell Shore LLC

"Bracknell is a quality Internet marketing company and the kind of group we like to work with. We have already been running some tests, and we could not be happier with the initial results," said Chris Sunyich, President of Ideal Financial Solutions. "Their proven track record is excellent, and we could not be more pleased with their integrity. Based on these conversion numbers, we hope to see a significant increase in club membership soon."

 
 

Ideal Financial Solutions Receives Outperform Rating in Murphy Analytics Research

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."

 

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