Innovative Food Holdings Inc (IVFH)

[Dickmo]

Good analysis SSKILLZ1. There are a few other wild cards that can muddy up the picture here, but I agree that the company is worth at least a 25% upgrade. At this point, it should probably sell for 55 to 70 cents.

Q3 in the restaurant business is always bad, unless your restaurant is in the Hamptons or on the Cape. Of course Q4 is the best quarter for most restaurants so there is some balance.

I expect that Sam will make no strategic moves for the next 12 months while he repairs the damage to the balance sheet done by the Fresh Diet deal. In this case, no news is good news. So I would concur with your assessment. IVFH is probably undervalued now.