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Great point Slide!....and to your point, while the market is drowning and underwater, it might not be the best time to pull out the dynamite and try lighting it. :)
Now please, no smart-a$$ physics/chemistry majors out there need retort about how that may actually be possible. :)
Agreed. In the end, placing IFSL shareholders as 2nd tier priority is exactly where I want to be. As shareholders, we MUST be there. IFSL company is #1 and ultimately makes for a successful relationship between shareholders and the company. Doing something nice just for us is great in the short term, but IFSL may not be focussed on doing the right things to ensure they're around in the long run. It would be selfish and unrealistic of us to want otherwise. Have you seen how many shares management has for themselves??...of course they want PPS to increase.
I won't speak much to IFSL being tied to the markets other than to say I've seen (in the past) many days where the market drops and investors/traders flock to IFSL (or other penny stocks) as a more speculative play...
Someone mentioned a great point in that we're all griping about there not being a PR this week, however it's entirely based on 1 person's email interaction, if it's even true. No offense Goifsl.
My point is really this....we've been on this board long enough to realize that not everything Paul says comes to full fruition. Repeatedly asking Paul for information and expecting it to be 100% accurate and timely is by definition, insane! If when you hit your head against the wall it hurts, then stop. Besides, "a PR is coming" is really non-value added information and really only supports short term traders vs. investors.
Keep in mind, the fact Paul even let's you in on the potential upcoming release of a PR is bonus and you'd be very hardpressed to get that sort of info from any other company. And maybe Paul is giving you the most up to date information he has at the time....again, if you've ever worked in a company, you'd realize that a start up or young company must be flexible and change is a HUGE part of that. I don't think Libya errupted when Paul made this claim. Even if it did, he wouldn't know (like the rest of the world) how long it would last.
And emailing Paul to gripe about price is BS. Sticking with the facts and asking him about the company's projects, the number of members, the new projects in the pipeline or clarification on prior company objectives and why they missed is value-added. It's these facts that will raise or drop the price....not who said what, and when.
Again, who cares they don't deliver on the timing of a PR...instead judge the PR that DOES come out. Companies are always over promising and under delivering...because the lofty expectations you have of IFSL are the same ones they have for how their day-to-day projects will succeed...and it doesn't always work that way.
And that's why, although disappointed to not receive a PR, I'm completely fine with waiting. The whole market is down and I don't want any PR's they have (great or fluff) to be introduced at the wrong time. So hooray for IFSL for making the tough decision (ie. going against their promise to send a PR this week) and doing the right thing. Actually it gives me more faith than less.
Would you walk into a funeral wake with a birthday cake for yourself, candles all lit up?
Folks need to stick with the facts and mature in here. I know it's not been all rosy, but if you've ever worked in a company in your lives, you'd realize projects have timelines and as much as your boss wants it yesterday, it's probably not going to happen until tomorrow....way tomorrow.
So wait for the PR's and judge them individually. Wait for the financials, judge those. Make your assessment and either buy more stock, hold it, or sell it.
If you are in it right now, does whining about the minutia and smallest of things like the timing of a PR release really help you? WOuldn't it encourage those with a weaker hand to fold and make YOUR situation even worse? My thought here is that if you continue to slam IFSL down (unreasonably) than all your really doing is trying to suppress the price to buy cheap shares back. Otherwise, coming up with, "this stock Cxap!" and "this POS doesn't do this on time and that"...look, sell the damn thing if you don't know how to hold shares more than a day. I've been patiently waiting on UDWK for 8 years!!!! Yeah, I"m pissed, but I continue to judge them on their future potential and as long as they keep building on their product and chip away at earnings, I can't ask for more....it's what I paid for!
THat felt good....
Well, keep in mind that you could get some folks out there trying manipulate the stock price lower to buy in later. In any case, the insider buying would have to be publicly available and I don't see any insider trading aside from stock option awards...basically, no selling.
Well, I couldn't justify feeling the "hope" in this stock while also having an average share price of $1. So if I continue to believe, I average down a little....actually double my share position for a fraction of the cost. And that's only in 1 of my accts. :) I'm sitting somewhere north of 50k shares...what sucks is that buying that much today would be with an amount that I could tolerate....shoot! :)
Call me crazy, but I just slapped the ask a little....enjoy my money out there... :)
Werd to the Sandman.... :)
Exactly and a move down today is to be expected with the market flushing like it is......
oh sorry....I'm wondering if those shares they received as salary if and only when the price moves over $0.004 (pre split) were also reversed by 200:1 ? So are those shares now only accessible as salary for management after the PPS moves higher than $0.80?
It would be good to know if the salary they received in "Share format" was properly and equally converted with the R/S to be accessible when the PPS reaches a certain point. ANyone know?
IN my opinion, they listened to our last request to not send out fluff. I think they are letting this anticipation build up, and when they release earnings, it will come with news of uplisting, if not uplisting itself....earnings will hopefully be good and potentially discuss great guidance associated with the number of new members they have etc....
I believe they're listening and learning. Beyond that, we can't have what we want every single day.
Thanks Babs!....
Just watch out...no playing with needles near my dreamy bubbles. :)
And does anyone have information on L2 and any new MM's hanging out?
Flo...I'm with on that....on Friday, I dumped my shares of Martha Stewart, MSO, so I could put them in a higher potential stock. I think within 5 min, no joke, no hyperbole, it jumped from $3.82 to $3.96....not huge, but relatively it would have saved me a lot of money in the end...
I should not have laughed at that....yet, I did. :) I think it's the absurdity of the emotional rollercoaster letting go of some of the anxiety. :)
Wake up?....hell no! :) My reality ends when I wake up. :) I definitely agree with you, nonetheless. But this post is practically money!
Everyone's always crying for "show me the money" type of posts. Albeit this is not directly a money post, it's the next best thing. IFSL is getting into lending which is huge money....some might say it's a big enough concept to bring the worldwide economy down...BUT!, it's also how the world was brought up....they're on the right side of this trend. Great to see!!
Thanks Wallymac!
I realize that's why there's stagnation at this much of a spread. But I'm wondering where the spread comes from in the first place. Since, like you said, many won't buy high with large spreads and many won't sell low with a similar spread, then where does this big spread originate?
maybe it's a bad question, but why, then, does the ask and bid spread so far apart if it's really unlikely to get anyone to bite?
Somebody's out to get you JROCK. :)
They're brewing the perfect storm and it's gonna rain pina coladas, boat drinks, blue skies and sandy beaches! :)
Actually, I just checked Yahoo and it says the ticker has changed from ifsld.pk to ifsl.pk. So we're not uplisted yet? Man....I think when the PR's come out for revenue gains, uplisting and possibly more projects in the pipeline, this is gonna fly!
So is IFSL back to pink sheets or are we uplisted? My scottrade account shows the number of shares I have with the current price of $0.44.
Why would we be screwed? This is going to allow for institutional investors to get in. It will allow for IFSL to finally get a broker to be traded OTCBB. All good. It's also a sign that they have great faith in their future considering the wage forgiveness. Would you take a wage forgiveness with your company based on it's future prospects? I wouldn't unless I was VERY confident in the next earnings results.
Woah! Does anyone have comments on the ramifications of this move? I think it's good! Thoughts?
So whatever did happen with this $150M deal?
However, I did just google search "IFSL" and "joint venture deal" and I reduced the search to news within this past week....it did pop up something that was from 9 hrs ago. This could still be a hoax <--my disclaimer. :)
To be honest I can't tell if those articles are full "XXXOIJ" or not because they could easily be fabricated. Why would you not see something like this posted on Yahoo News for IFSL if it were true...wouldn't that be worthy of a PR? I suggest considering them only with extreme caution unless we here otherwise from IFSL. But basically, my last post is just cut and paste from one of the articles (the 2nd link is the same news) that "TheInsideScoop" posted.
Ideal Financial Solutions, Inc. Signs a Joint Venture Agreement Valued at Over $150,000,000
Ideal Financial Solutions, Inc. (PINKSHEETS: IFSL), announced today the signing of a Joint Venture Agreement with The Views at Stone Mountain Development, located in St. George, Utah.
The Views at Stone Mountain is a high-end, exclusive development located in one of the fastest growing housing markets in the Nation and positioned next to the elite Stone Cliff gated community. Home prices will range from $1,400,000 to over $5,000,000 and include stunning views of Washington County, Zion National Park Rim, and the 10,000-foot Peak of Pine Mountain.
"The Views at Stone Mountain is an amazing development with some of the most spectacular view lots in St. George," said Steven Sunyich, IFSL CEO. "Phase I is complete with all of the roads, curbing and other infrastructure is in place, and construction is ready to begin on the first few luxury homes. This development will be built out in three phases with a total of over 100 luxury homes," said Sunyich.
To learn more about Ideal's Credit to Wealth System and how to use your good credit to build unlimited wealth, please join us in one of our live 15-minute introduction webinar/conference calls held every Monday and Thursday.
Monday: 6:00 PM and 8:00 PM Eastern Time
Thursday: 7:00 PM and 9:00 PM Eastern Time
Conference Line: 605-990-0015 605-990-0015 Access code: 688-685-130#
Webinar access: www.GoToMeeting.com, then click on the "Join a Meeting"
Button, and enter this meeting ID: 688 685 130
For a complete financial portfolio on this new and exciting opportunity, please contact Ideal Financial Solutions at support@idealfsi.com or 800-230-4043 800-230-4043.
About Ideal Financial Solutions
Based in St. George, Utah, 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 leader in personal cash flow management systems, Ideal uses its automated CashFlow ManagementCopyright (www.iwbclub.com) tools 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
For the latest shareholder news, please visit www.idealfsi.com and select "IFSL Investor Relations" and "CEO Journal".
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995
Statements in this press release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include, but are not limited to, risk factors inherent in doing business. 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. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The company has no obligation to update these forward-looking statements.
CONTACT:
Ideal Financial Solutions Inc.
ir(@)idealfsi.com
www.idealfsi.com
Author Information
Steve Sunyich
Ideal Financial Solutions, Inc.
November 23rd, 2010
A little hard to Lifelock is a sham....perhaps a little judgemental. Here's the article:
The Federal Trade Commission this week began mailing $10.87 refund checks to the nearly 1 million victims of false-advertising claims made by Tempe-based LifeLock Inc.
The checks will go to 957,928 people over the next two weeks. Recipients have 60 days to cash them, the FTC said.
The settlement comes after LifeLock told consumers it could provide absolute protection from identity theft if they signed up for its identity-protection service, the FTC said. Customers pay $10 to $15 a month.
In March, officials announced LifeLock agreed to pay $11 million to the FTC and $1 million to 35 state attorneys general, including Arizona's, to settle charges the company used false claims to promote its identity-theft-protection services. The money awarded to states went to cover investigative costs.
LifeLock's services were advertised widely in TV commercials, billboards and on sides of trucks featuring company Chairman and CEO Todd Davis' Social Security number.
The FTC charged that LifeLock provided less protection against identity theft than promised and made claims about its data security that were not true.
Davis denied the company misled customers at the time of the settlement. He also said it likely wouldn't have much of an impact on business because it already altered much of its advertising and practices.
"We still stand by our previous comments about this redress situation," said Mike Prusinski, senior vice president of corporate communications, on Friday. "We have developed a very good working relationship with the FTC and now the entire industry is being held to a higher standard, which we applaud."
Read more: http://www.azcentral.com/business/articles/2010/11/19/20101119biz-lifelockrefund1120.html#ixzz161daoUwT
Who cares! The PPS is up! :)
Only 10k shares traded for this drop....thin!!
Did yall get that note from InvestorsHub in your inbox? I like the plug. "What Company's Management Just Engaged in a Stock Purchase at a Premium to Market?"...that should help bring a few more eyes our way too. Today is a good day.
hahaa....this is so standard a statement it hurts. That's in nearly ALL company filings. You go and Run 4 It tho...when you get tired, don't turn around because it will disappoint you to see us floating on by.
Let's not forget the country's unemployment rate of 9.6% and for how long it's been down there. Every nestegg and savings account is challenged by now people have got to be looking for help with their credit card debt, mortgage etc...Core Biz with IFSL is strong. Now that they are connected to Life Lock.....very interesting.
jrock, "you both feel like you'd rather be back home"??...more than in a Studio on Oahu? Then I can only assume home is a small ranch on Kaui? haha....think most of us wish we were there at that Studio! :) Enjoy....
Your topping off scenario has potential because I think soooooo many folks here will lean on the safe side and dump after a penny is breached to avoid being stuck as they might feel right now. IMO. And so they should! But I really don't think that anyone will be stuck after they uplist. I believe the volume will kick up nicely and remain up there because this company's potential will really start to show. Folks can get in and out of IFSL much more easily after the uplist.
Of course, a more than significant part of me believes we'll see a pps rush past 2 cents before consolidation and perhaps even a settling point around 1.25 cents. If these ad companies show up and perform, we are going to see the usual 2-500% gains from IFSL and the low pps won't be able to sit tight anymore. :)
DO you have an iphone? That's the kind of stuff that freaks me out. It would be my luck too that during a blackout period for me, the stock goes to $0.05 and back to $0.0003 all while I was away. :)
I think a lot of penny stocks take a beating on days when the general markets move north and vice versa. Makes sense right now that we're quiet. Also, think Babeemer mentioned there being a resistance pt at 26 anyways, so...double whammy. On the bright side, I'm enjoying the rally in my financial stocks thanks to the Fed's 600 billion donation. :) But! It is nothing compared to how I bet we all fare when we PR the uplist! :)
I wouldn't worry. This is all fighting over $50 and $60....next week, we'll be wondering if we should sell at the 3-bagger price or gamble on the 4-bagger price or more! That's going to be the bitter sweet time....you'll want to maximize your gain, but to know when to pull the trigger is the most difficult time. Validation comes only if the PPS drops from what you sold at and guilt and regret comes when the price rises and holds above your selling price. These bid/ask fights down here in 0.0026 land mean nothing at all. Don't worry. Start thinking about your exit strategy or even if you want to hold for longer term since institutional investors will start coming in and giving liquidity to the stock.
Another point that I heard from Paul before is that they don't normally give out much news on thurs/Fri. If we're going to see the PR for the uplist, it will be between Mon and Wed of each week.
True, so I guess they are waiting for the volume to make any significant purchases bcuz that's all they can do really. I like the position I'm sitting at right here. :) And I hope you're right jrock about no bouncing back after a slam through the cent. I need liquidity...need to start that business and I've embarassingly got myself into this predicament where I need a stock to pop for seed money. :)
One thing that gives me worry is that most traders don't trade on the news (well, they don't buy, they sell on news) and so I'm wondering why we aren't seeing accumulation during the "rumor" phase which is now at pre-uplisting. Why would someone risk a 1 or 2 or more bagger for the sake of trying to time it closer to the actual day of up list?