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Re: Dickmo post# 17826

Saturday, 04/01/2017 4:22:04 PM

Saturday, April 01, 2017 4:22:04 PM

Post# of 19254
In the cc, didn't Justin talk about the 40% growth in outside sales from Artisan in the 4 qtr alone? While the USF relationship is majority of revenue, the proof of sales diversification is materializing by leveraging existing core assets. Even though revenue increased ~15% from 2015 to 2016, the percent revenue from USF remained the same.

I also wouldn't underestimate the relationship with USF since Justin was top executive there before IVFH, wasn't he? So, there are deep ties, which probably explains the relationship's longevity to date.

My thought during the cc was about moving to a higher exchange, but nothing was mentioned. I would like to hear more about this.

before the Sysco USF merger debacle and the FD acquisition, IVFH was trading in the 1.50 -2.00 range (late 2013, early 2014?). Business has grown substantially since then, and the balance sheet has further improved as you noted.

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