Replies to post #27972 on Ideal Financial Solutions, Inc.(fka IFSL)

[chickenvestor]

Paul's response to my email. At least he was prompt, and I kind of feel like he actually read my email!
__________________________________________

Re: Reverse Split?
9:29 PM
From: Paul Currie ([e-mail])
Sent: Wed 1/05/11 9:29 PM
To: XXX XXX ([e-mail])


XXXX,

You should have no fear of dilution. I feel your pain on the stock price. I own approximately 5% of IFSL stock.

Paul Currie

On 1/5/11 9:02 PM, "XXX XXX" <[e-mail]> wrote:


Dear Mr. Currie,

As of today, before the reverse split, I hold X,XXX,000 shares of your company's stock. As an investor I have to say that I am now down from my original buy in 75%. I have trusted, hoped, and prayed that IFSL management would do the right thing. As I stated in a previous email to you, I have no fear of a reverse split. The problem is the ratio at which the approved shares were split vs. the outstanding. It reeks of a reverse and dilute scam which I really thought IFSL had no need of. I know you have recieved numerous emails from other investors that have asked for the approved shares to be reduced to improve our opinion of this company. Now there is effectively 4x as many approved shares. As a good faith effort IFSL management needs to reduce the approved shares to the ratio before the RS and more. This move alone would propel the share price to well over 10x the current value. No institutional investor would touch this with the current share structure. Management is dreaming if the think they will. The share price speaks volumes. As for me, I wish I had exited long ago, cut my losses and moved on. Now I have to decide what I should do.

XXXX XXXX


> Subject: Reverse Split
> To: [e-mail]
> From: [e-mail]
> Date: Wed, 5 Jan 2011 19:04:35 +0000
>
> Shareholders,
>
> I'm not sure if you saw the news from earlier today. We announced a 200 for 1 reverse split. We are doing this from a position of strength. We are doing this to attract Institutional Investors. This should be reviewed as a positive. Usually when companies do a RS it is to raise the price to avoid DeListing. Also anyone who is short the stock will need to cover as the cusip #s will change.
>
> Thank You,
>
> Paul Currie
> OTC: IFSL
> Ideal Financial Solutions
> IR Director
> 678-772-3456
> [e-mail]

[chrizzy]

"I really believe they think we are!!" maybe cuz we bought a stock called IFSL? glad I sold what little I did, a long time ago.. bought quit a few million of a couple others.. however, they're just hanging around w no volume..give me hope though! all I can do is hang in there now.. prob. won't be able to trade it for the next couple days anyways.. wonder when the new symbol is coming.. when they get a broker??