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Re: Flobewan post# 14267

Sunday, 12/27/2009 6:19:24 PM

Sunday, December 27, 2009 6:19:24 PM

Post# of 36407
They announced on Nov. 5th the buy back of shares.. but I can't find where they announced how long they were doing this.. I thought I saw something about 6 months? I assume this Nov. 5th PR was for Oct.. It would be nice to hear they continued buying back in Nov. and Dec. I havn't seen any more news on that , have you?

LAS VEGAS, Nov. 5, 2009 (GLOBE NEWSWIRE) -- Ideal Financial Solutions (Pink Sheets: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.
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