Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Harvest Pak
Check out their website
http://www.harvestpakfoods.com
They are currently putting IVFH sauces from cans into this special artificial free packaging. They market to hospitals, schools, health care facilities, airlines, hotels & resorts, cruise ships, Military, etc... and their distribution is worldwide, We already know Chef Joe’s sauces are earmarked for worldwide distribution its on the logo of his cans and jars.. Certainly getting the impression they have global aspirations
Keep in mind this is another iron in the fire. It is not part of our core business that is growing exponentially and is likely profitable by next Q
Other Info obtained from others at the meeting
Additional info we obtained at the meeting came from a long time shareholder. I Just recently spoke with him as well. He loaned the company money a while back First of all he is very excited about this company and was brimming with confidence. The following info is not factual I deem it speculation since the source is not the company. However The source appears credible imo
Point1
Rumor has it that IVFH is about to acquire a farm. The farm location is China. They cultivate many exotic vegetables and products that IVFH currently uses. It will likely be bought with restricted shares . My immediate concern was the potential dilution of such an acquisition. He immediately said to the contrary he was excited about it. The farm currently would add 1m in profits to the bottom line per year immediately and would certainly help IVFH expand at a faster pace. Revenues are 3.5 to 4m per year on this farm. The acquisition would likely be done with mostly restricted shares. Within two years the profits could equal what we give up for the farm.
Point2
IVFH as we know has a contract with US Food Services. It was a three year deal and they have now entered the third year. This part was confirmed by the company about the three year contract. He reported to us that IVFH has been recently talking to Sysco Foods. I asked if they thought they were going to lose this contract with US Food Service. He said no they were just gaining leverage. Again keep in mind Chef Joe told me himself they have no competition as of yet. We know both Sysco and US Food Service has a growing demand for the products IVFH offers. IVFH appears to be well positioned to make their best deal
None of this info has been confirmed by the company except the length of contract with US Food Service. It is from a third party source which I felt was credible enough to pass on to everyone. We know he has 3 million shares and has been an investor for quite a while.
Please do your own DD before investing. I make these posts in order to bring accurate good info to the ones that also help me. Its all in a spirit of good will you must take responsibility for your own investment decisions. Some things contained in my post are still speculative and may not come to fruition
good luck!
Notes from the first annual shareholders meeting
Point 1
I received a great deal of info at the first annual share holders meeting in New York City from Chef Joe, Chef Jon, and a large shareholder. First I will discuss what came from the company later from this third part large shareholder after the meeting. While the company certainly couldn’t give any of us inside info there was enough info given that if we just read between the lines and apply what I already learned through intensive DD we can safely expect the company to be profitable by years end if not in the next Q. I did get a confirmation from Chef Joe that the company is currently break even. Keeping in mind recently the company absorbed extraordinary expenses that they normally will not have because of the intensive audit. Likely the reason only break even to date. The company has no need for financing to execute their current business per chef Joe. Chef Joe continues to say there still is no competition!!!!!!
Point2
I had stated before I had third party info regarding revenues. I was told in 2003 revs were 2.5m
In 2004 revs were 5m and in 2005 by years end they are projecting 11m. I asked this question directly to Chef Joe. He looked at his attorney and was told he could give 2004 but to give 2005 would be inside info at this juncture. He said they had 4.5m in revenues in 2004. I expect 2005 revenues to be over 10m. Again this figure cant be verified its simply an educated guess.
Point3
Chef Joe’s reputation is impeccable. If you attended the meeting and you didn’t sense that before you would in speaking with him. Once again they are straight shooters running a clean operation imo. He recently was at live 8 in London and is an active supporter of the cause in Africa. He still is the chef for the Stones and Aerosmith he is a very fun cool guy as well. His relationship with Jumpin Joe Dimaggio is not as distant as we were led to believe. His father was quite close and he himself as a young person was on the golf course with him. Chef Jon was great to meet. Tremendous individual and as we know a graduate of Yale. He seemed he wanted to tell all but under his attorneys presence and guidance had to limit what he could say for now. The other BOD members are successful businessmen with great track records.
Again enough info was given for me to read between the lines. All the shareholders had the same perceptions as far as how well the company is doing and all were excited about their investment.
Point4
Currently the company is ready to market 8 Traditional Italian sauces. All inspired by original family recipes, created in the finest Italian traditions in 8 distinct variations by Chef Joe DiMaggio. The sauces are currently in cans and jars. The graphic design on the cans and jars is spectacular. The legendary name of Joe DiMaggio is about to be marketed and distributed both here and abroad. Yes internationally as well!
http://www.picturetrail.com/davidam
Point5
Currently the company is working closely with US Food Service. Currently they have served thousands of new establishments some one time some ongoing. The contract is continuing to grow the business. They continue to focus on training key sales people. Again hard facts above this info was not given yet. But it will come. Keep in mind IVFH has no competition as of yet for these heavily demanded products.
Point 6
Currently the company is working with Harvest pak. Harvest Pak has a revolutionary packaging that gives products a shelf life of up to three years with no preservatives. Harvest Pak business goal is to ship selected products to schools, institutions, hospitals etc. They look for products that can be distributed in bulk.
Chef Joe confirmed what Harvest Pak told an investor last week that they are currently putting IVFH sauces from cans into their special packaging. This isn’t inside info claiming those sauces will reach that type of distribution but I put 2 and 2 together as well as all of us did at the meeting and it fits.
Point 7
The audit was intensive covering two years. It will definitely be completed in 1 to 2 weeks. The auditors and attorneys have been working together. IVFH will immediately send 140 pages to the SEC. I expect a PR at that point or shortly. I do expect frequent pr’s and lots of good news once the move happens. The company has 12 pr’s lined up that will be released likley over a period of months. The timing of the pr’s is a guess.
The company will keep us informed regularly certainly adequately. It is their plan per their president Chef Jonathan.
They are on the pinks now things will change on the OTC.BB as far as press releases. It is believed the company does not want to waist their good news while still a pink sheet company.
Please do your own DD before investing. I make these posts in order to bring accurate good info to the ones that also help me. Its all in a spirit of good will you must take responsibility for your own investment decisions. Some things contained in my post are still speculative and may not come to fruition
good luck!
Versatiletrader
noone got any shares under 0.08 and noone will get many at that level. You will see a rebound . You dont post until a bad day then you have a bundle of them. sorry but i have little respect for you to none. i watched your posts from when this was under 0.02 You bring very little and certainly have been wrong most of the time. this dip is meanigless if it returns to over 0.10 with little shares bought under 0.09 which is what you will
stock
your getting pathetic again. Never once on any dip have you not fallen completely apart. get a hold of yourself. Your posts are bad!
stock
You should give this stock at least a couple to a few trading days before you make these kinds of statements. I seen some very positive things. We really have interest here and many know of IVFH now. Amazing difference from a few months ago. I fully expect a rebound in the few trading days ahead if not sooner.
Perfect scenerio is a rebound on solid ground by next week sometime then good news. You watch I bet this is how it goes down. The pr issue is a valid concern at this time I will agree with you on that. I am adressing that issue with management in a professional manner. I remain confident the pr issue will be resolved as we move forward. Relax sit back and watch the show over the next week or so. Things are going to get much better imo
momo628
Drop me a note at concertman_2001 at yahoo dot com
I would like to have you on my mailing addy
thanks
burntinv
I am not so sure we see 0.19 but I do agree all is well and oneday we blow way past 0.19
fructose
I agree and I took as big a haircut on paper as most anyone, Heck I am down 162k since 0.19. but thats ok i wasnt counting it as a gain at that level either. I have my goals here and I will not waiver
good luck!
yes but this is a company that will break away from that penny world syndrom down the road imo
moneybagz
I am seeing some very positive posting here and on RB today. When I first came to this stock I was posting to the wind. Noone was here. Today after the big drop I see many new faces and many who are saying its a great buying opportunity. This is something I havent seen before. Many were watching this stock and the word is getting out. Its good to see and I think IVFH can be a big winner! When the move takes place and the company begins to talk its a totally different stock!
good luck
momo628
I feel for you i really do. I have taken over 160k paper cut in the last several weeks. But I will tell you this. I am not shaken. Nothing has changed we had some sellers taking profit today. About 1m shares traded. It can go up just as fast. I got in this stock to see it play out. I beleive the company has the goods. I figured it was a year to two year play for the big money. I do expect a good trading level for a portion of my shares at some point in between.
well moneybagz I havent sold a share and i am comfortable with that. I remain 100% confident in this company and the stock. I have matured as an investor not getting wrapped up in the paper gains and not getting wrapped up when it goes down. My target here is so much higher than where we have been I wont sell a share until that target is reached
i know moneybagz its a quite weak board when things dont go well. But there are some great longs in this stock that will be rewarded heavily imo
iculooking
f off bud dont ever post me again your on my scum list. hope your sick and sell I will be here for the gold
moneybagz
I like your thinking. I am not shaken I know what I have in this stock. It can go back up just as fast
my brother hasnt bought yet. I was just talking to him he is quite happy with the drop while i wanted him to get in at a good level I wasnt expecting this. well he will buy next week and personally i am a bit stunned but i am never too surprised at anything. holding tight here
iculooking
keep in mind they have no competition. why do you think? My answer is because they kept a tight lip on things. Since they will file they must be confident enough to keep competition away and still move forward fast, because they will soon show their hand for all to see
I just recieved this e-mail from a shareholder that was at the shareholders meeting. I havent spoken to him since the meeting so I wanted to get his views. He gave me permission to share it with the board
Hi Dave,
Yes, I'm still holding. My view of the timing on filing with the SEC was that the end of July timing that they identified was their best projection. Being a week or two off is in the realm of normal reality. If you believe that the company will file, and I do, then you wait. The filing will be the launch catalyst for this and if the company is going to half of what they have identified or let leak out, the post filing will be awesome. Especially, if the consistently orchestrate press releases with "meat on them". After meeting management and their lawyers, I got the feeling of a deliberate, structured agenda. They want to make a lot of money and I believe that they are targeting to deliver value in the company which will multiply the stock price many times. Quite frankly, if they are 50% successful in their delivery, I would guess that we should at least see the price double/triple from here. If the do all of it, with good timing... it's almost scary - with that kind of momentum, strong PR's, the DiMaggo, etc., it could just hit $1.00 (as a low) or runaway to $2.00 - $3.00. Although, It would take a lot to keep it that high. I have lost money before waiting for filings, waiting to go to the AMEX, but IVFH looks credible and real to me.
lol
you sound like us here last night. We had allot of jokes about waiting for news from IVFH. we were rolling. But is all seriousness they do need to put up some news I dont care if its Joes vacation itinerary..something!! soon
lol
yeah they have gone audit mad
Hey I am hoping they are further along in the entire process then they lead themselves to be. They had 140 pages sitting in front of the attorney pretty much ready to go to the SEC, Mabe we get surprised with financials and a move soon. Next week sometime I will call chef Joe on his cell and chat if indeed we dont get news by then. I will be in Las Vegas all week so I likely wont call until Friday.
couldnt paint it stock. the ask was 0.13
iculooking
you worry to much man..chill the show will begin soon!
iculooking
It is my bro and once he is in I will raise cain lol
my wife and I had some laughs last night about ivfh news. we were saying we will be old and grey saying i bet it any day now lol
all kidding aside I am confident its not far off I am holding my breath it doesnt come until next week I want to see this buyer get decent prices
lol it does seem to have stabalized : )
You have to love the faxt noone will seloof on their shares even when news didnt come. This stock is going to ignite when the news flows
iculooking
i was working with him last night setting up his account. he awaits a check to clear then will wire money into the new account. we may be buying by weeks end definetly by early next week
iculooking
eventually the company will need a PR man to handle all the e-mails and phone calls. Chef Jonathan is doing an ok job at it but he is the president of the company. I am sure his talents are needed elsewhere as we move forward. Way too much for him to do with his current responsibilities
interesting I thought he wasnt getting replys?
I agree Stock, This is the scenerio I was saying over a week ago needed to happen. If news is timed with solid charts and solid consolidation the results will be stronger basing us higher. I hate to even say it but we still need another another couple weeks of this action. Hopefully the ones that want to add wont wait too long will start buying slowly now. Dont have to jump in with big orders but can get allot of shares in this range unless news hits which seems they are still not quite ready to launch things
iculooking
If your friend doesnt mind could he forward his e-mail that he sent to the company to me. I am sure if its a nice friendly e-mauil he wouldnt mind. I am curious as to why no response, I do know if the company doesnt like the e-mail they will ignore it
concertman_1 at yahoo dot com
Thanks for the paint whomever did it. Another day of consolidation.
Very good!
thats bull ICULOOKINg. Unless the shares are in your street name ( meaning you would have to have the certs) the proxies are sent to your broker period!
yes I said financials would be done in two weeks according to management and to expect pr's soon thereafter. It all depends on ones definition of soon. For some it may mean days or weeks others could mean a month or more. Fact is no trader will dictate to the company when to release a pr. If they dont want to release one now then I trust there is good reason which is beneficial to all. Again lets get the weak hands out and put the shares into investors hands
I will call the company when I am ready to call. I already told you I e-mailed chef Joe on schedule and got a reply that made me comfortable. I will not call again until I personally feel its warranted. What I see is loose hands selling and stronger hands buying. I like it its good for the charts and will be good when news does come. As far as ICU Looking he pumps on a traders board that he is holding to 0.75 then three days later he uses words like scam and setup on this board. No credibility and imo the kind I wish would sell
lol I bought this stock because I see it a long term blockbuster winner . So what happens next week hardly will rattle my cage. No news next week dont mean squat as how IVFH is doing imo. As much as I want news I also need to do some buying. No matter what happens in the next couple weeks I will be happy. I will either be adding shares in strong hands or will be watching a paper gain
Robsai
I like your theory about the proxy. It seemes those with big counts got their proxy fast. Anyway the speculation is really heating up here. Isnt that what investors love on the OTC?
With the speculation increasing and anticipation of the breaking of silence they had better put out some seriously good news when they first talk. The time for a mere update may have past. We need some meat !! I bet thats just what they are going to give us
noatak
I really dont think this has anything to do with it. I was reading this last night. No changes have even taken place the SEC must approve the transfer. It also appears it will cause no changes to anyone. the reporting business's or investotrs. Just a material move over so to speak
IVFH is finishing up some loose ends whatever that means. I know one thing its a good time to buy why they are remaining quiet.
I also get the sense we have some exciting news coming our way in the near future.
Hal
I see more candles next week : )