Innovative Food Holdings Inc (IVFH)

[Dickmo]

" In other words the chances of getting paid are not high." Just a tad understated Geodan. The fact that IVFH already wrote it off completely tells you they have absolutely no hope of seeing a nickel.

So they off load all these liabilities on a company that's losing roughly $1 million a month. It's not clear whether FD survives weeks, months or actually turns a profit someday. Sam already placed his vote when he wrote off the $8.7 million on the day he signed the paperwork. Just curious what happens if and when FD can't pay its creditors. I'm guessing these claims aren't going to just disappear.