Innovative Food Holdings Inc (IVFH)

[BornAgain]

Why would an institutional investor put up one million in funding for a stake in the Fresh Diet, if they didn't see promise and value here. I like this deal if they like this deal.

Spinning off the company will establish The Fresh Diet’s direct-to-consumer operations as distinct from Innovative Food Holdings’ long-established direct-to-chef specialty food platform, which provides specialty foods, healthcare foods and gluten-free foods to the professional food service market. As part of the transaction, institutional investors have agreed to provide $1 million in funding directly to The Fresh Diet