Shareholders' Equity	3 Months Ended
Shareholders' Equity	Sep. 30, 2011
Equity
Stockholders' Equity Note Disclosure [Text Block]	NOTE 2 – SHAREHOLDERS’ EQUITY Reverse Stock Split – On December 17, 2010, the board of directors approved a 200:1 reverse split of the outstanding common shares and a 50:1 reverse split on the number of authorized common shares. The board also approved a 50:1 reverse split on the number of authorized preferred shares and approved a 200:1 reverse split of the authorized and the outstanding preferred stock designated as series A convertible. The Company has retrospectively applied the reverse split for all periods presented. Following the reverse split, the Company has 1,000,000 shares of authorized and outstanding series A convertible preferred stock; 9,000,000 shares of authorized undesignated preferred stock; and 160,000,000 shares of authorized common stock with 22,899,317 common shares outstanding at September 30, 2011. Common Stock – In February 2010, the Company awarded to an officer a total of 50,000 shares of unvested common stock. The common stock awarded vested over a one-year period. Compensation expense charged against operations for this stock-based award during the three and nine months ended September 30, 2011 was $0 and $5,667, respectively and is included in general and administrative expense in the accompanying consolidated financial statements. From February 2011 forward, the common stock was fully vested. In September 2011, the Board of Directors approved the awarding of 418,000 shares of common stock to certain Officers in exchange for forgiveness of $166,796 of previously accrued but unpaid Salaries. In September 2011, the Company awarded to an officer a total of 100,000 shares of common stock. Compensation expense in the amount of $54,000 was recorded. In September, 2011 the Company approved the sale of 50,000 shares of common stock to an Officer in exchange for an interest free non-recourse note in the amount of $12,500. In September 2011, the Company approved the issuance 135,763 shares of common stock for past investor relations consulting in the amount of $73,245. In August and September the Company repurchased 39,506 shares of its Common Stock in the amount of $9,983.

The entire disclosure for shareholders' equity, comprised of portions attributable to the parent entity and noncontrolling interest, if any, including other comprehensive income (as applicable). Including, but not limited to: (1) balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings; (2) accumulated balance for each classification of other comprehensive income and total amount of comprehensive income; (3) amount and nature of changes in separate accounts, including the number of shares authorized and outstanding, number of shares issued upon exercise and conversion, and for other comprehensive income, the adjustments for reclassifications to net income; (4) rights and privileges of each class of stock authorized; (5) basis of treasury stock, if other than cost, and amounts paid and accounting treatment for treasury stock purchased significantly in excess of market; (6) dividends paid or payable per share and in the aggregate for each class of stock for each period presented; (7) dividend restrictions and accumulated preferred dividends in arrears (in aggregate and per share amount); (8) retained earnings appropriations or restrictions, such as dividend restrictions; (9) impact of change in accounting principle, initial adoption of new accounting principle and correction of an error in previously issued financial statements; (10) shares held in trust for Employee Stock Ownership Plan (ESOP); (11) deferred compensation related to issuance of capital stock; (12) note received for issuance of stock; (13) unamortized discount on shares; (14) description, terms, and number of warrants or rights outstanding; (15) shares under subscription and subscription receivables, effective date of new retained earnings after quasi-reorganization and deficit eliminated by quasi-reorganization and, for a period of at least ten years after the effective date, the point in time from which the new retained dates; and (16) retroactive effective of subsequent change in capital structure.

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+ Details

Ideal Financial Solutions Inc 10-Q/A