Ideal Financial Solutions, Inc.(fka IFSL)

[RichieRich49]

There is not much unexpected in the filing.

Positives:

1) very detailed filing
2) Q3 profit of $693,100 on sales of $2,222,999
3) Have not increased O/S since March, 2009
4) Cash position up to $363,111
5) Very close to funding operations from net profit

Negatives:
1) A/S of 7.8B
2) Might do R/S
3) Issuing shares to contractors as payment
4) 200M in convertible options and warrants.
5) Lost main lead generating company during year
6) Need $500k to fund operations this year.
7) O/S of 4.3B
8) Float of 2.9B