Ideal Financial Solutions, Inc.(fka IFSL)

[Rocker424]

Sold all my IFSL the other day. Forgot I actually still owned some stock in it. I never invested much, but this thing looks to be going nowhere. The company appears to literally have stopped communicating with anyone... I think they were scamming people and have gotten in some serious trouble.

Either that or their financials were fraudulent...the auditor situation was really a red flag.

I think I saw something about IFSL focusing on trying to sell the company...I wonder how they're supposed to do that without audited financials to show any of the "interested entities"? Who would want to buy a company without having trusted, audited numbers to look at?

The whole payday loan and debt management industry is a shady one...I thought these guys had a good product that was catching on and actually helping people with their financial situation. But without any shareholder communication who the hell knows??

At least the capital loss will be put to good use on my tax return.

Cheers