Innovative Food Holdings Inc (IVFH)

[BornAgain]

We should be seeing another earnings report soon maybe next Friday? I like the way Sam got the bad news out the way early, with the 8K, last years earnings for The Fresh Diet. I hope the report shows some improvements from the Fresh Diet.

From SA article...

Vojkan Dimitrijevic (Chief Financial Officer) - Vojkan has over 15 years of financial and strategic experience. Most recently, he oversaw finance and planning for over 100 businesses with cumulative revenue of over $300 million for Florida International University. He has a proven record of implementing financial discipline, planning strategic initiatives, and driving growth.

Numerous much needed policies, procedures, and processes have been implemented by new management and The Fresh Diet is now geared for profitable growth.

It went from hemorrhaging cash in 2013 to generating $800,000 of EBITDA in the first half of this year according to the most recent conference call.

The focus of new management is without a doubt profitable growth. They made this exceedingly clear to me.

Current infrastructure allows for significant growth potential with limited capital expenditures. The Fresh Diet's logistics/distribution infrastructure really sets them apart from the competition.

They commented that the New York kitchen (the largest) could see a 40% increase in volume without the need for additional staffing. That's a very high growth ceiling.