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stock it was being stated financials will be relaesed any moment now. there was some pumping but alot of this is a technical move and we do have investors waiting for this dip. and wow the mm are putting the fear into the newbies..unbelievable i watched it drop 1.5 on a 2500 sale lol
I agree Stock. I was just telling you where the penny pinchers came from. Its all cool I was expecting a dip just was hoping it would move well into the twenties first. Its healthy no worry here my man
stock
i am hardly panicking . i listened to the posts recently. i seen some of the pumping posts on other boards. there has been a bit of a pump by some in other boards . there has been traders here. when we clean up this little mess we get a pr and move forward imo
yes i agree they get freaked out easily they came looking for a quick hit they are getting run out too your right
i dont think so stock. the traders came here because it was being pumped that 12 pr's are coming among other things. Let them go we will get our pr when they are gone
traders exit already? I bet thats what it is they came looking for news now. they get impression nothing is happening and they take their lunch money and run. i thought we would penetrate the twenties first
somebody just dropped some shares
stock..you can tell we have traders about. They are totally narrow minded only concerned with a pr . They totally lack info on the company. They are a part of the process though
In all honesty I havent even been tempted to sell a share. I think most longs are the same we all see the value of this company in the short to mid term being so much higher than current levels. Even when we get to a share price that properly reflects this company there is still so much potential moving forward . The company will reflect that in their forward guidance. I am hearing expected 30 to 50% growth in 2006
Thats about where i would like to see the rally move to before a small pullback. I expect this to move well into the twenties then a temporary pull back...great time for news!!
I agree the economy is moving in a positive direction. Job reports were good. The major markets are moving strong. The timing is right for IVFH. Speculation money is also entering the OTC.BB. There are times in history when many millionairs are made in the markets. As long as nothing really bad happens I think we are entering one of those times . Always hope the major markets are booming the profit takers bring the speculation money to the OTC
Thats the golden question right now mikeymac. How long will this controlled buying continue before a dip. I am going to step out and predict this buying continues well into the twenties. Then the dip. It will be important that the newbies ( that didnt come for a mere trade regardless of any info obtained) hold through the dip seeing the mid term and longer term of the stock. It will certainly be to their advantage and it will minimize the dip. And imperative that us strong longs dont dare sell a share. We know the company will be valued higher dont try to be cute and grab a few extra dollars here on a flip. You will hurt your long position at this time. Once that dip settles it would be the perfect timing for PR #1 imo and we will regain the ground and be holding it stronger. Its time the company lends a helping hand soon
OT robsaia
I looked at it and here is an interesting paragraph
NowAuto announced last week that based on its improved outlook for the second half of 2005 for its existing businesses; NowAuto guidance was reaffirmed for $25 million in sales and diluted net income per common share of $0.30 - $0.33.
Great post Robsai I will stop composing my response to this subject you covered it perfectly.
Robsaia
I am sure there will be a dip at some point. When it settles on the dip I am hoping for a pr. I agree the dip wont last long some investors will jump on any dip. I hope we break well into the twenties before any dip
stock
I know this but you cant stop this type of activity. we just need to keep posting the honest facts. Look when these momo guys are in expect a pop and a dip. its healthy to dip too. I dont know how far this thing goes before its first dip but when that dip settles is when I want the first PR. I have sent detailed e-mail to chef Jonathan and Chef Joe regarding the current trading. When this crowd enters the raod gets bumpy. I hope it heads well in the twenties before the first bump : )
Stock... you know how the traders are. they want quick dollars and out. But as we get momo and traders we will pick up some new investors. stay patient with everyone and educate them on the company. we have heard everything there is so far but we have to keep talking about those things that make IVFH a great investment
I know stock its not going to be easy keeping things in line on the raging bull lol
great post stock. I have seen these numbers before. the decline was rapid on low volume very low volume. this stock is primed for an explosion. The major markets are doing well too speculation is back in play as well. the timing is perfect to run this stock. with 12 pr's coming and the DiMaggio name about to be distributed it may be bigger than we imagine. Ok i will come back to earth now lol
stock
that last comment was funny lol. I agree with you I think this stock could easily reach the numbers you speak of. I seen brvo move from pennys to $1.20 and IVFH has millions in revenues and is profitable where brvo had 900k in revenues and the milk sales isnt even proven and certainly brvo ability to be profitable hasnt been proven yet. IVFH will also get similar news about distribution to chains with their sauces
Robsai
Excellent post. You have proven in the past your able to take a small amount of info and make excellent projections. If your initial info obtained is indeed correct of course. We are going on allot of third party info But I trust a greater portion of that info is quite correct.
You will be an incredible asset to read actual filings with : )
I had the opportunity today to speak to the large shareholder that we met at the shareholders meeting. He couldnt talk long but he asked me to call him tomorrow. What he did tell me was his shares are restricted for at least a few more months and he knows that the 300k loan is under restriction too. In other words no big guns going to unload anything anytime soon. Only sellers are likley commons with profit taking in mind and thats flat out foolish imo at this time
If indeed the momo crowd comes in it will be a great time for all the longs to show everyone the great potential of the future of this company. We will pick up new investors if they see what this company is all about. Keep in mind when momo shuffles in many dont know anything of the company they just come for the ride and sell for their weeks pay.
edit
thats 30 to 50% growth rate in 2006
Stock
The charts are looking very good again. The news leaking out also appears great. I am hearing that the farm deal is just about a lock. It will bring profits of 1m per year to 1.5 m per year annualized over a three year period. We will buy the farm with restricted stock and cash payments taken directly from profit.
The company expects to be at a level of 1m per month in revenues by year end with an anticipated 30 to 40% growth rate in 2006.
Keep in mind these numbers are from a third party . He is the large shareholder that we spoke of before. I deem his numbers and info credible enough to post. There certainly is no guarnatees of any of this until the company talks.
I am all in!
11.5 x 0.13
tomorrow we move up again!
A quiet 9% gain for the day. I was hopeing the traders werent on this yet. I was concerned yesterday that they may be jumping in. I rather see this stock have small gains with solid investors . The stock came from sub penny with no news and little to no traders, all solid investors. It can continue to attract investors especiually with the help of some news. I dont expect the bigger news to around the move or thereafter. By then we will have a much higher base and the large momo crowd will be welcome
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
Point 1
He claims a very large short position was taken out on the stock last year. . The short position was taken by the previous owner of the shell which we acquired to become a public company. It is believed he has been doing some covering but imo there is no way he covered completely since the short started supposedly at 0.50. He will have to cover sooner or later likely covering gradually and as he does it can only add fuel to the recovery .
Point2
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.
Point3
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
Keep an eye open for the brochure of IVFH new sauces that will be marketed and distributed internationally. I will scan some images and provide the text and put it on a website so all can see
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 recent shareholders meeting for those that have not seen
Point 1
I received a great deal of info at the meeting 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 me inside info ( especially with their attorneys present) there was enough info given that if I just read between the lines and apply what I already learned through intensive DD I 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
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. Again enough info was given for me to read between the lines. The other BOD members are successful businessmen with great track records.
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. A beautiful brochure has been created. I will scan the images and send them to anyone whom e-mails me. They are worth seeing! I will also provide the text that goes with each product. They appear ready to begin distribution as well. They are planning to market/distribute both here and abroad. Yes internationally as well!
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. hey 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 isnt inside info claiming those sauces will reach that type of distribution but I put 2 and 2 together and it looks like it to me.
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 hundreds of pages to the SEC. I expect a PR at that point and will certainly contact the company if we don’t hear something soon. I do expect frequent pr’s and lots of good news once the move happens.
The company will keep us informed regularly certainly adequately. It is their plan per their president Chef Jonathan. Chef Joe said he has 12 pr’s that he will begin releasing soon
They are on the pinks now things will change on the OTC.BB
Updated DD page 07/12/2005
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 some soon
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.
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
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
fructose
I post mainly on Raging Bull. I dont post on the IHUB except for IVFH. If you are questioning my experience thats fine but if you knew me from RB you would have no concerns. You are correct I put alot into IVFH. The reason is because I seen a gem a long time ago and still see it as such. I fully expect to make hundreds of thousands of dollars on this stock certainly tens of thousands. I also see the long term potential and thats where the big money is not that the short to mid term isnt going to be great too
Argyll and Iculooking
Argyll
Your correct my mistake I meant to say three days from the boat not the ocean. Its all logistics here. They have the business model running strong now. They have noteable relationships with FedEx, Airborne Express, Pilot Airfreight, several major airlines and a wide network of distributors. They have a BOD member with years of experience with fedX. These are some key reasons why we have no competition. The business is growing at expotential rates and will most likley continue at this pace moving forward. Give these guys a couple more years at this pace and we have a monster : ) Not taking anything away from the short term to mid term either.
ICULooking
Looks like I missed chef Joe telling Burntiv he has 12 pr's and will release them soon. I certainly remember hearing Chef Joe would unleash a series of pr's but asssumed it would be later down the road after the move. Looks like I may be wrong we could be in for one heck of a run sooner than I even thought.
Mabe after the move there is more : )
thats 15 for me later!
Burntiv
really? wow how did I miss that. Did get a little hectic at the end everyone scambling for the last bits of info
I was under the assumption we would get one I was also assuming they wouldnt run this until off the pinks . Looks like i assumed wrong. Glad you were there! I may still be lost in the subways too lol
its ok stock he is one of our better investors. He has alot of shares and He will make up for it.
106 x 119
We had some progress today. Lower lows and higher highs. Their cant be too many sellers in this range we will move up some this week imo. Like I said in a few weeks from the date of the meeting I will call Chef Jonathan and Chef Joe to discuss a pr if we dont have one by then. One good PR can keep this stock in a rebound mode why we wait for the main course.
Dont stress on it longs we are in great shape! and theres still time to add cheap shares
patience is the golden word!
agree Stock but I know they dont like being on the pinks. I have a gut feeling they wont run this stock big until off the pinks. Could be wrong dont. They have alot of news and many things going on they can run this big when they choose and its their choice!
iculooking
we didnt discuss a pr at the meeting. Although in an e-mail to an investor they stated they would give a pr after the filings were in the hands of the SEC. whether or not they give financial info I cant tell you.
stock
It certainly is possible it could be sooner. I posed this same question to chef Jonathan at the meeting. He really couldnt predict the time frame in which the SEC will work. The time frame I layed out is what the SeC and the company says we are dealing with. Could be a month could be several months. I just dont want to start spreading the word something big will happen in weeks. that will hurt us more than help. Lets stay within the parameters given for now
Catani
Yes I do expect a PR once the filings are in the SEC hands. That will help a great deal. I will certainly be pushing for one in a few weeks if I dont see one
iculooking
its a matter of a week or two that the audit is complete and everything sent to the SEC. The Sec can take anywhere from a month to 6 months. We have a prestigious law firm therefore I think we have a shot at 3months . I dont know where you get a week or two for the move to take place that was never said.
Spreading this kind of mis information brings the momo chumps in lookinf for a quick 1,00 and then they scream when the volume stalls