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thepriest

08/17/10 7:37 AM

#22530 RE: thepriest #22529

For three months ended June 30, 2010, we have reported net income of $231,567, which represents an increase of $128,477 compared to our net
income of $103,090 for the three months ended June 30, 2009.
UP MORE 100% :)
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Ashaman

08/17/10 4:25 PM

#22574 RE: thepriest #22529

Priest, below you can find feedback that I've received from the company about filing amendments to the form10:

All it means is we updated the Form 10 filing based on the questions we received back from the SEC... It is my understand that it has no effect on the pending up listing, it is just part of the process...

This is a part of the PR released on Aug 4 by IFSL:
"Anyone familiar with the meticulous process of registering a company with the SEC will recognize this process of fine tuning a registration statement in order to communicate clearly all required information. We anticipate a final Form 10 amendment in the coming weeks with financial statements for the second quarter of 2010 and then hope to be granted effective status by the Commission and its examiners," stated Ben Larsen, Chief Financial Officer of Ideal Financial.

I'm not an uplisting expert but I believe we are pretty much at the end of SEC question hour. To me it seems like time to get some answers from them! Then there's FINRA where I do not have an idea how long it takes to get the stock actually listed on the OTC.BB

But hey, if there are more knowlegable people on this board, I'm willing to listen to their experiences on this matter.

Grtz