IFAN Financial, Inc. (OTC:IFAN) Announces Stock-Based Compensation Plan
FEBRUARY 13, 2015
SAN DIEGO, CA–(Marketwired – Feb 13, 2015) – IFAN Financial, Inc. (OTC: IFAN) (the “Company”), a company engaged in the design, development and distribution of software to enable enhanced mobile payments, announces it has filed a Form S-8 registration statement with the U.S. Securities and Exchange Commission as a measure to expand its staffing opportunities and extend cash resources.
“The Equity Compensation Plan that we adopted will allow us to attract and retain key employees by offering stock-based compensation and benefits,” says IFAN Financial president and CEO J. Christopher Mizer. “As we continue to grow our operations we increasingly see the need to add new, qualified and experienced talent to the IFAN team. On the same note, an S-8 will allow us to use company stock to hire consultants that can provide us with valuable software development and back-office operations.”
A copy of the Form S-8 Registration Statement is available on the investor page of the Company’s website: http://www.ifanfinancial.com/investors/company-information/
About IFAN Financial, Inc.
IFAN Financial, Inc. and its wholly owned subsidiaries design, develop, and distribute software to enable mobile payments. These include the ability to use a debit card and corresponding PIN number while purchasing online on a mobile phone, tablet, or computer and conducting peer-to-peer cash transfers. For more information, visit www.ifanfinancial.com.
This release contains statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of IFAN Financial, Inc., its directors or its officers with respect to, among other things: (i) financing plans; (ii) trends affecting its financial condition or results of operations; (iii) growth strategy and operating strategy. The words “may,” “would,” “will,” “expect,” “estimate,” “can,” “believe,” “potential” and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond IFAN Financial, Inc.’s ability to control, and actual results may differ materially from those projected in the forward-looking statements as a result of various factors. More information about the potential factors that could affect the business and financial results is and will be included in IFAN Financial, Inc.’s filings with the Securities and Exchange Commission.
Chief Financial Officer
IFAN Financial, Inc.
5694 Mission Center Road
San Diego, CA 92108-4312