SimplePons, Inc. (Simple Coupons), formerly IFLI Acquisition Corp. is a subscription-based e-commerce smartphone application (app), and savings deal book that offers consumers goods and services from local and national merchants. The Company�s subscribers gain access to coupons offering savings that can be used throughout the calendar year at participating merchants and businesses in specific geographic regions. The Company deals book retails in two formats: traditional print format and an electronic format available as a smartphone app downloadable from the iTunes App Store. It offers consumers goods and services at substantially discounted prices, as well as buy one get one free offers (BOGO) from local and national merchants. As of December 31, 2011, it had exited development stage and begun generating revenues. On November 11, 2011, the Company acquired SimplePons Operations in the reverse merger. On May 07, 2012, the Company launched Android Smatphone App.