Replies to post #36380 on Ideal Financial Solutions, Inc.(fka IFSL)

[Flobewan]

I suppose it could, but I really don't know. I wouldn't touch this stock again with a 10 foot pole.

[Hislordship]

October 7, 2013 - Receiver's Update

The FTC case against Defendants is proceeding and is now in the discovery phase. Absent a settlement, the case could extend well into 2014.

The Receiver continues the process of accumulating the limited assets of Receivership Entities. It is still too early in the process to determine whether, and to what extent, there will be assets available for a consumer redress procedure for consumers victimized by Ideal.


I did write to the Receiver about stock fraud etc. Never did get an answer.