Innovative Food Holdings Inc (IVFH)

[geodan]

Interesting Amigo. On a fully diluted basis that factor may help. As all those "extras" to the current common shares should be in the fully diluted share count.

If IVFH was $1.80-$2.00 they would convert, as the warrants conv options etc should be all "in the money" BUT at .70, at about 35% of our prior price most I guess would be out of the money or about even.

So maybe some will convert but a lot not? If so we get enriched % of FD.

Maybe this triggers an event where they have to convert or give up? Just a guess, but this is a major event. Maybe Sam can squeeze some concessions with this event.

The buyback at these prices seems good, show confidence they will cashflow enough to handle. And great time to get the "extras" to work deals as IVFH is so low the "extras" are worth much less, "buying straw hats in December".