Ideal Financial Solutions, Inc.(fka IFSL)

[babeemer]

Your last paragraph is my biggest problem with management. Since they have completely screwed share holders they should have split the A/S at the same rate as the O/S. They say they need shares for things like mergers and their employee stock purchase plan. Why dont they do this. Decrease the A/S for now down to what it should be 40,000,000. With the ESOP plan why cant those shares be purchased from the open market and that will help the stock price. If they want to acquire a company then they could always increase the A/S then to accomidate that. This is also the same for the warrants and preferred shares. If people want to convert then just increase the o/S then to the amount that is needed to convert them into common shares. Lets not have this larger A/S than we need so that they can keep giving themselves shares for doing a shitty job. Thats my take on it.