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stock
it is a shame thoise that were buying at 0.17 and above have to sit through this crap. But it will change. They should buy on dips and if they cant afford to then hold. They will do fine if they can ride this crap out. I hope they all can. For those new investors I want a PR soon
stock
you are 100% correct. When meeting them you can sense their confidence. This is a company with a plan. They are still on the pinks and dont feel while on the pinks they can control their shareprice. Chef Joe said that himself to an investor. When they make the move look out! everyone will wish they have been taking advantage of all the buying opportunities.
here is the post Mickeymac refers to
Posted by: iculooking
In reply to: None
Date:7/19/2005 3:57:22 PM
Post #of 332942
Buying more IVFH here, expecting financials out by end of week, and they will be blowout.
My question is where is this info coming from.
Gan
Keep in mind putting a shopping site in and the advertising costs associated with such a venture is like opening another business. It is very costly. They may be interested in doing it for their customers to order rather than capturing a retail crowd. You could get occupied with filling a multitude of small orders while your concentration is pulled away from international distribution of many of your products. Not to mention they have a large market to still capture in the white table cloth establishments. I operated a business with online shopping thise small orders take time to fill if you get too many it will consume you and take you away from bigger things. Just some thoughts
Gan
I own a internet company which specializes in online shopping. I didnt even discuss this with Chef Joe at the meeting because I had other more important questions to ask. I assume at some point IVFH will upgrade their website it likely is not a top priority at this time with so many other irons in the fire. It is a subject I want to discuss with them in the future a bit.
harvest Pak ships also to airlines, hotels, cruise ships and their distribution is worldwide, We already know Chef Joes sauces are earmarked for worldwide distribution its on the logo. Certainly getting the impression they have global aspirations
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, grocery chains etc...
I know Stock its hard to see the share price decline for anyone. But we know what this stock will bring us. In the meantime if it consolidates close to the current share price all is well. I do want the company to deliver on a PR soon. There is no reason not too since the major issues sourounding the company were cleared at the meeting with the vote. Hang tight. I commend you on your self control today. I know you wanted to rip the mm and everything else around lol
At this point everything is going good. I expected consolidation at or near where we closed on Friday. Today showed signs of just that beginning. The mm is grabbing their profits too with the big spread. I expect this to go on for a while and expect to not lose too much more ground during the consolidation. The next higher level will likly have to be reached on news. Hopfully the company comes through with that first pr within a time frame that constitutes "soon"
5k sell just dropped it 1.5, no wonder the company doesnt want to waist big news on this pink exchange
Robsai
Actually your correct about the company never said they had 12 pr's for us in a month but Chef Joe did say he had 12 pr's. And he did mention the word "soon" when asked when we would get one.
I doubt 12 pr's are over a year period. Noone writes pr's a year in advance. Although several months would be likley since we are awaiting SEC approval
Secondly while this stock is a long term investment it does not take away from the tremendous upside potential short term. Personally from what I learned I think they are worth a minimum of 0.30 right now not taking into considerations spikes will send it higher potentially. The long term has exciting possibilities and now is the time to buy certainly not later imo
The following is in the DD page but I wanted to bring special attention to this since it is very exciting and new.
Chef Joe DiMaggio is ready to distribute and market his new line of sauces Internationally in cans and jars. The legendary name of Joe DiMaggio will likely be a very exciting venture for the company and its shareholders. While this is not our core business that has brought us on the imminent verge of profitability it is an exciting surprise that we were given at the shareholders meeting
http://www.picturetrail.com/davidam
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 and cash from profits. Within two years the profits could equal what we give up for the farm. Here is an article that Chef Joe was instrumental in composing for the company that handles writing articles for US Food Services. It lends credibility to this rumor
http://www.usfoodservice.com/flash/services/quintessential/exotic.pdf
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
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 in New York City
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!
Updated DD page 07/17/2005
The company has an open door policy with its shareholders. They have impressed shareholders as being honest and straight shooters. We have spoken with the President and CEO on many occasions. We have recently met them in person in New York City at the first annual shareholders meeting on 07/06/2005.
Issued and Outstanding- 83 million
Restricted- 54 million
Tradeable float- 29 million
Float even tighter because there are some large strong common holders
Company is currently break even and will most likely be profitable quarter over quarter moving forward
Chef Joe told shareholders at the shareholders meeting that the company has no need for outside financing to support the current business. If not for the current one time extraordinary expenses associated with filings the company would be profitable now.
Growth is imminent and a great portion of the growth moving forward is organic non dilutive.
With every new product/partner they align with brings strong organic growth, no need for dilutive acquisition
Benefits of and IPO yet it is likely currently substantially undervalued due to the scam that crushed their share price
Shareholders were told at the meeting the company has 12 pr’s lined up and will start releasing something soon.
It is expected that the more important news the company has will be given near or after the move to the OTC.BB. It is also expected these pr’s could be released over a period of several months.
Key contract with US Food Service enables continued organic growth. The company is currently in talks with Sysco Foods as well. Both major food suppliers have an increasing demand for the perishables IVFH offers. IVFH has no competition to date per Chef Joe DiMaggio at the shareholders meeting therefore
IVFH appears well positioned to make their best deal.
http://www.investorshub.com/boards/read_msg.asp?message_id=5142330
http://bigcharts.marketwatch.com/intchart/frames/articles.asp?guid={B2084AE8-ACE1-4CE1-95BA-751A4991...
Food Innovations, Inc. and Harvest Pak Foods Corporation Form Sales and Marketing Partnership
Harvest Pak(TM) targets existing "old style" food products such as those in jars, cans and frozen items and replaces them with food products packaged in the unique Harvest Pak(TM) sterile pouch, and then distributes them to the commercial food service industry, including airlines, cruise-lines, hotels, restaurants, healthcare and educational. They are currently putting IVFH products into their special packaging signifying distribution to take place soon
http://www.knobias.com/individual/public/news.htm?eid=3.1.694f658a0a3bf50ae7e6d1cf2c7b75d2b8288a4954...
Chef Joe DiMaggio is ready to distribute and market his new line of sauces Internationally in cans and jars. The legendary name of Joe DiMaggio will likely be a very exciting venture for the company and its shareholders. While this is not our core business that has brought us on the imminent verge of profitability it is an exciting surprise that we were given at the shareholders meeting
http://www.picturetrail.com/davidam
Food Innovations, Inc. Welcomes Renowned Chef Emeril Lagasse's Restaurants to Growing Client Base
http://bigcharts.marketwatch.com/intchart/frames/articles.asp?guid={2719582B-3896-4323-91E4-9002BF79...
Food Innovations, Inc. Announces Strategic Agreement With Silversword Seafood of Alaska
http://bigcharts.marketwatch.com/intchart/frames/articles.asp?guid={75926D2E-127A-488A-BC75-8E7D73C2...
Food Innovations, Inc. Announces the Arrival of Chef Jonathan Steckler as the Companies New Director of National Sales and Corporate Chef
(Its evident Chef Jonathan is excited about the growth the company is expected to have quarter over quarter growth and profit on a ongoing basis)
http://www.knobias.com/individual/public/news.htm?eid=3.1.2de3a3dcd7d9eba58069b81477be042c17eb8e399e...
Specialty food distributor Food Innovations Inc., will start 2005 off by targeting upscale grocery stores with its origin-specific perishables, according to an article from November 2004
Exotic Perishables have grown into a greatly demanded items. Chef Joe was instrumental in helping write this article from US Food Services press service. The article certainly gives more credibility to the rumor that IVFH will buy a farm in China that is already profitable by 1m per year. The purchase would be made in restricted shares and with cash from profits
http://www.usfoodservice.com/flash/services/quintessential/exotic.pdf
Recent News from The SEC:
The Phone Scam which destroyed IVFH stock price has been confirmed that the company was not involved in any way and the ones at fault have been caught and prosecuted. This scam drove IVFH share price down from
0.50 to sub penny. Since that announcement the Share price has begun its recovery
http://www.knobias.com/individual/public/news.htm?eid=3.1.e876e1fff4e4eb422b22123af516ae95e1f8a729f4...
Recent news discussing strong growth
http://newsroom.eworldwire.com/view_release.php?id=11041
Prior News Discussing Strong Growth
http://www.knobias.com/individual/public/news.htm?eid=3.1.ebd1180822c1c3fa9931cceb3805a8259f8951a345...
Food Innovations, Inc. Announces Arrival of Renowned Chef Don Pintabona to Company's Culinary Advisory Board
http://www.knobias.com/individual/public/news.htm?eid=3.1.e7e6ca4fb9d5916a58e38020607dcb547f74769095...
Food Innovations, Inc. Names Global Foodservice Consultant and World Renowned Chef Joseph Amendola to Chief Culinary Advisor Position
http://www.knobias.com/individual/public/news.htm?eid=3.1.8554b4b4566788659fcb461ec3fe9e465b3468097c...
The company is currently performing a complete audit of their books for a two year period and will move to the otc.bb . The Audit will be completed within a week or two as per the president Chef Jonathan on 07/06/05 at the shareholders meeting. The company is being represented by a prestigious Law Firm In New York City.
http://www.knobias.com/individual/public/news.htm?eid=3.1.c2331d2b88812ba2595d8cadb4a42f218350a1acf1...
Rumor has it from a longtime large shareholder that the company is in negotiations to buy a farm in China which produces origin specific perishables. The acquisition is expected to bring immediate profits near 1m dollars and gross revenues of 3.5m dollars. It is believed the purchase will be executed by issuance of restricted shares. This acquisition is expected to create organic growth moving forward and secure the company in this area of distribution.
Follow this link for all news other releases, audio interviews with the CEO Chef Joe Dimaggio Jr., and general info
http://www.investorshub.com/boards/board.asp?board_id=3359
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!
I agree and i will make notes of these individuals. If someone wants to post lies they will end up on the DD page
yes stock i remember that day well. I also remember the 40 posts you made of market manipulation statments like we are going back to 0.02. you were scarring the strong hands that day. when you post on a rampage of negativity like that expect doubt
stock
i agree and i dont believe anyone from that shareholders meeting made bold statements. we reported accurately the facts and gave a very carefull assesment of the things that remain speculative. Most things told were actually shown us and told directly too us. granted a good deal of info came from a large shareholder that was present. and it was deemed credible enough to share his thoughs with everyone
good point
These kinds of posters need to be identified and exposed
This post about a deal with Sysco is as low as it goes. That is an outright lie and it is not what was reported from the meeting. what was reported is as follows. A Large shareholder told us that IVFH is currently talking to SYsco. They are under contract however with US Food Service for 1 more year. We believe IVFH is well positioned to make their best deal because chef Joe told us they stoill have no competition and the business is growing rapidly. We also know that both major food companys have a growing demand for the products and service IVFH delivers
Now where did this crap come from iculooking??????
stock you need to do your homework much better before you start suggesting anyone at the meeting has hyped anything. I find it insulting and I find your research into hype lacking seriously. as soon as the stock moves down you turn into a negative force period
I am a bit sick of it!
Here is the hype crap circulating around IHUB. I could find many more it took me 5 minuets to find these. They are all from the same poster. I dont want to hear crap about reporting what I reported from the meeting. My report was factual and it was level and warned some is still speculative. now read this stuuf and you will see what happend to us this week. several seperate posts below
Hearing that IVFH will be releasing financials this week-at least that is the skuddlebutt. When they do, imo it goes to.50 pretty quick. Not only will the financials take them off the pinks, but how many penny stocks do you know acturally turn a profit with doubling quarter over quarter rev growth and NO competition? Plus, they only have a float of 20 million or so. This thing flies back to .50 which is where it was before it got wrongly lumped in with that debbie phone scandal group, and the amazing this is business is 100 times better than it was before that whole thing began.
Such a value here.
People getting in IVFH late today banking that they release those great financials before the open Monday.
Anyone else hear that IVFH will be announcing a deal with SYSCO foods worth $100 million next week? Ive seen it on 2 message boards now.
Just read over at hotstockmarket that IVFH will be releasing the long awaited financials that will show profitability and doubling quarterly rev growth AND take them off the pinks by end of week at the latest. I fully expect it to go to .40 at least when they do.
The really great thing about IVFH is it has so far climbed up on increasing volume every day on NO PUBLICITY. The main pr (the release of the financials showing doubling quarterly rev growth, profitablity by next quarter, and a move from the pinks) will be shortly followed by at least 12 new p.r's that chef Joe said will knock our socks off.
I fully expect this to move above .20 based on the charts and momo alone, and when the pr's hit, which will be anyday now, a move about .50 on its way to $1 and above is coming.
I dont think any of us shareholders at the meeting hypes the 12 pr's. Actually I know none of us did. Personally 12 pr's has nothing to do with why I am a big investor. I am a big investor because of the fundamentals of this stock and because of the management behind this business model. We simply reported what was said. We cant be responsible for the hype others put on it especially when they add false things to it such as the timing of such a campaign. It was important info that needed to be posted in fairness to all on these boards. If you dont like it Stock I am sorry. If you need confirmation pick up the phone.
Stock
Thats good you are trying to confirm the 12 pr statment that was given to Burn at the shareholders meeting. I suggest you call Chef Joe he was the one that made the statement and its better to do it directly on the phone. If you need his cell phone I will give it to you in an e-mail. He handed it out at the meeting so I am sure that is ok to give it to a large investment minded shareholder like yourself.
Personally I always thought the 12 pr's would be released over a period of time. Never did I expect much while on the pinks. The more potent ones near and after the move. So 12 pr's over a period of several months is quite likley. I always maintained that belief. 12 months would be too far apart I seriously doubt he composed 12 pr's thinking 12 months in advance. In 12 months there would be new news and likley well before then. Myself I expect a flurry of pr's in a time frame that coincides with the short term and the time shortly before and shortly after the move to the OTC. Mostly near and after the move. Thats my opinion based on info given from Chef Joe himself to a trusted shareholder. He even used the word soon as to when they would start.
Please call him to confirm what Burntiv has reported to us. Personally speaking if Burn reported Joe said these things then I am quite confident the info is correct. Confident to the point that I feel safe to pass that info along.
mikeymac
This is a very accurate post. They gave us info because we made the trip and stood before them asking. They wanted to send us away with a positive feeling while carefully not giving any direct inside info away. They manged to do that beyond my expectations. We were all quite excited about the news that was given and more so the things that were left to read between the lines a bit. We are all educated people at the meeting and we all read the same text that was between the lines
I look for IVFH to run this stock and promote this company in an explosive manner likley near or after the move to the OTC.BB. I look for news before that time not of blockbuster nature but enough to keep the interest. I just dont see them saying too much to the general public while on the stinkin pinks!
stock
it wasnt burn. the one that said papers were sent to the SEc many weeks ago was another poster that hasnt posted. for the life of me i cant remeber the nic but i will go back and find it if I have too. I am 100% sure it was not Burn. thats 100% sure
As far as 12 pr's. I am sorry if you dont like that news but thats what Chef Joe said at the shareholders meeting. He said it to Burn while I was in a discussion with Chef Jonathan. If Burn reported that I am extremely confident it is 100% accurate. He never said any details on how the pr's would be released or timing of them all but he did say one would come soon. Sorry just reporting the facts! Now if someone takes those facts and says 12 pr's will be released starting any day now then thats fabrication. I cant control what others do with the information given.
stock
first of all Burn isnt the one that mis represented papers going to the SEC. Secondly Burn heard the company has 12 pr's lined up from Chef Joes mouth. He is hardly a pumper. he is one of the most level headed large shareholders we have period!
Stock
First of let me set it straight what happened. Traders came in looking for a quick pop larely do to some mis information that circulated. All that info was correct except the timing of it was not accurate. They were only able to rise the share price about 6 or 7 cents. prior to that the shares were all long strong investors. It was evident they would selloff the unknow was at what level. I think Rob gave us that answer in advance telling us of the RSI at 91. The mm's took advantage of the situation doing their part to create a market. I still maintain they have given us a fair shake so far and I expect the trading to get better moving forward especially once the move takes place. This dip was good for the stock and you can bet investors are now lined up to get their shares. We were able to educate some new investors during this little traders run. Another very positive!! We will consolidate near this level until the first PR spikes us to the next level. The company indeed does have 12 pr's. The problem is we are still on the pinks I personally dont want them waisted. Nor does the company. I want them delivered with good timing and certainly the best news after the move or near the move.
Please dont start flipping out when we have dips. we will have dips. we will have bad days. The stock and the company are doing great. relax and look forward to the future returns on your large investment. Your a good shareholder for this company and an asset imo. remember your a long term investor dont expect a shooting star. Thats not good for this company or its stock
Freshnex had a differewnt business model . They were trying to take advantage of the dot.com bubble. It was working well until the bust for all dot.com companys. All the smaller ones without deep pockets bellyed up. Their timing was bad. Noone could have predicted such a bust. Heck yahoo went down to nothing. I am sure that entire business experience taught him allot about what to do and what not to do. IVFH is not dependent on how well dot com companys do. They are chef to chef across the nation. Its a big happy family among chefs they stick together. IVFH has built exciting strong relationships delivering fresh perishables from around the globe.Now they are teamed with a major food distributor in US Food Services providing a service that is needed now and is growing in demand. They are talking with Sysco who also has the same demand with noone to fill it. IVFH is well positioned to make their best deal. They still have no competition. Positioned for continued expotential growth. Relationships with Harvest Pak and the marketing of 8 sauces under the legendary name of Joe DiMaggio gives them an opportunity to expand into grocery stores, hospitals, schools etc... This is not their core business its just more irons in the fire. I expect many other exciting surprises from this extraordinary management team
iculooking
lol...its never fun watching your stock go down thats for sure. I wasnt cracking open any beers and celebrating the drop but it is a good thing!
robsai
you called this dip perfectly. I thought it would run into the twenties . regardless its healthy and gives some strong hands like yourself an opportunity to get cheap shares. next week will be a good week for buying hopfully for you guys wanting to add we will have some sellers. I seen some posters recently that were here and knew nothing of this company. they were flushed today and next week the rest will go
Robsai
We have to hold off chef Joe on any pr until your done buying
: )
robsai..yes you did and congrats on your new shares..well done! now go buy more lol
Argyll you made a good purchase. keep doing your DD you will like what you see.
dont blame the mm stock blame the ones trying to pump this up and the ones that came lookinf for a quick fix. the mm just helps it along. we were not in solid hands on this last run I knew that. I just hoped they took it a little further. but all is good. let this settle next week let the investors grab some more cheap shares and soon we will have our first news
well stock they had some loose traders here that came for the wrong reasons it is easy to run them off they are making chump change. let it settle next week and we can get back to investors. i seen more quick pop traders about recently then I did investors
yes and remember still being on the pinks adds to this activity. they will now try to sucker cheap shares out
its happy hour except where are the drinks ???
exactly
Argyll
Glad you in but i dont think it dropped on large volume. we had over 600k traded and were still at 0.185 200k of trading dropped it. some tradewrs shares exited and mm helping it along with drastic swings to the low side on minimal sells