Innovative Food Holdings Inc (IVFH)

[Dickmo]

My guess is that Sam will lay low for a while as he repairs the balance sheet. The damage caused by Fresh Diet has been extensive. At close to 32 million fully diluted shares, IVFH will be a penny stock for a long time to come.

The concerns are timing and judgement. If competition creeps into other segments of the market, company growth will be disappointing. This will force management to take action sooner rather than later. Having just gone full cycle on a disastrous acquisition, one has to wonder about future acquisitions.

As for an acquisition of IVFH, sorry, but I don't see who would acquire it or why they would acquire it. You would have to explain to me what the attraction is and to whom. I see no reason why US Foods would acquire it and their reliance on US Foods almost guarantees that no one else will touch it.