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keep in mind stock we are still under the radar. Patience is required now more than ever. We know whats going to happen when the move takes place and moving forward. The key here is when one promotes this stock and spreads the word about the company make it clear we are still on the pinks and while still on the pinks the company will likley not show their hand. I do think if everyone can stay positive and discuss the many reasons why this is a great investment we have a good shot at moving forward while we wait for the big news to come
Mikeymac
I wish noone would pump this stock. If one wants to spread the word about what a gem it is make clear we dont expect anything major to happen for several months. Thats not to say we wont see an upside in the interim but any big movement may not come until we are offd the pinks. This stock has 1 to 2 year investment written all over it for the big money
Argyll
I assume yes they needed money when they went public. Isnt that the reason most companys go public? When they buy profit making farms they may need money again such as the use of restricted shares.
I am not sure if the site you showed us ships seafood or not. But I can tell you they are a retail store. Meaning when they get fish it has been out of the water at least a week likley more . Stll fresh ? absolutely. IVFH gets fish from the ocean to the table in three days. Big difference here. Doesnt even smell like fish. The white table cloth establishments have a growing demand for this type of fresh food. This is where IVFH has no competition. They are not only doing this with seafood but with many other perishables as well.
I wanted Rabutan. A fruit found only in SouthEast Asia. Never seen it in The US fresh. They made a contact for me and could have it picked and delivered in a few days as long as it was harvest season
I agree you were mis informed to a timeline. I dont expect the company to start running this stock with a series of pr's until they get off the pinks. That could be several months yet. A
Argyll
First of all they went public well over a year ago and took over a shell to do so. The time wasnt right for them to open up their books. Likley the biggest reason is competition. They have stayed under the radar while they built this business. They are still under the radar. Buying now is a deal when they show and tell its going to cost alot more imo
The site you are showing me is catering to the retail market. Many places do that. They likley have a storefront . IVFH is a chef to chef business that has very big named restaurants. Chefs are like one big family. They keep everything inside if you know what I mean, so Big difference in the retail link you showed me that may do a little wholesale too. There is no current competition for IVFH business model and they are under contract with US FOod Services and talking to Sysco. Many of the perishables come from other countries as well.
Dont lose site of the fact that Joe DiMaggio is about to market his name on many products that will likley be found in grocery stores, hospitals, schools, etc... The name alone should give you an idea on what the potential here is. This isnt even the successful business model thats already in place.
fructose
A reverse split is not even a possibility at this time. The OS is 83m. It may grow a bit over the next several months or so but not by any amount that will hurt this stock. The company is currently break even and moving forward will be profitable quarter over quarter in all liklihood. The company needs no money to support its current business and has no competition with a product/service that is growing in demand. IVFH may begin buying farms that produce these pershibles in high demand. They will grow their product lines mostly through organic growth. Buying farms ( profitable farms) could eventually raise the os to a level near the AS we are talking a long time here and the company would be 5 to 10 times larger as well with greater profits. Mabe then they may need a reverse split but it wouldnt be a bad one. I see no indications shareholders will ever be damaged by a reverse split now or in the future bu IVFH.
Stock..I plan on contacting them in a few weeks by phone with a couple questions/suggestions. I will certainly stay in touch. I sent them the link to the pictures and the updated DD page already with a short message.
Robsaia
I can imagine that product on the shelves in San Fransisco. Most everyone will be trying at least one of the sauces. His name is dominant on the labeling..cant miss it! With his impeccable reputation as a chef in the kitchen I am willing to bet they taste even better than they look
Updated DD page 07/09/2005
It has changed quite a bit recently worth a read.
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. Recently met them in person in New York City at the first annual shareholders meeting.
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
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...
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.
http://www.knobias.com/individual/public/news.htm?eid=3.1.c2331d2b88812ba2595d8cadb4a42f218350a1acf1...
The company is being represented by a prestigious Law Firm In New York City.
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
good point. saying sinatra or aerosmith or the stones have been served this sauce would work! Added to my list of suggestions lol
stock
The Name DiMaggio is bigger than anyone he served
His name is dominant on the packaging and notice he didnt have to use JR. Also what I love about the graphics is the logo. The picture of the world on a plate ( an axis) with stars and space and written through it feeding the world
I see International distribution coming : )
Catani
of course you dont its art man. Dont you have an eye for art? lol thats what my wife told me when I questioned that and a couple other things like how much sauce was on the pasta lol
additionally Stock we really dont know if IVFH is good or not on the PR front. They have a plan they have re grouped. Chef Jonathan tells me they plan to be agressive on the PR front. Lets give them some time and see how well they do. When the move takes place if they are not doing enough on the PR front we will get the point across but I am confident they will do just fine
This audit has been extremely difficult on them and the issues that were ratified at the meeting were critical. Soon the audit is done and everything is out of Chef Jons hands. Then mabe he can concentrate on moving this stock. I dont believe any big move comes until the move but then one never knows
Stock
I understand this but what you must relaize when you throw tantrums you scare others into selling. Let me tell you a short story. A shareholder at the meeting told me himself he gets worried and nervous when you go on these tantrums. Some that arent so strong you can run them out. So please e-mail me next time and scream at me and shower me with your doom ok? lol
OT: i warned a couple of HTDS recently but I dont think they listened to me. I looked at it close enough to not like it. It is bad news!
IVFH new products ready for International distribution. Frankies Gravey Inc. is manufacturing the sauces for Chef Joe. They can be ordered by the pallet only
http://www.picturetrail.com/davidam
I am looking at the pics she scanned she did a good enough job to get the point across heres the link
http://www.picturetrail.com/davidam
stock
When the company is ready to run this stock look for a series of press releases. They have alot to tell and its all straight up no fluff. Be patient we have some waiting to do before it really flys. Hopefully we will get a pr from them soon even if just a update on filings. We cant tell them when to run this stock and talk so dont try to. I think they want to be on the otc.bb before they really cut it loose. right now stay positive spread the word about this gem
My wife scanned pics today for me I want to scan a few more myself and then I will provide a link for all to see
The spread will tighten in a couple days. We wont need big volume to tighten it. The stock just mnade a significant push forward it will need a few days to tighten up. This stock has buyers lurking. They are smart too buying very patiently waiting for sellers to make their move.
I have seen this for quite some time now. It started around 0.03 and has been obvious to me in the last 60 days
Remember we still have some time before any major news is announced. Patience is still required. Chef Joe told me that himself as I was leaving. To keep patient.
Kuoi2
I am sorry I typed it wrong
concertman_2001 at yahoo dot com
stock
your back! very sensible today and calmed down good to see lol
Versatiletrader
You are certainly correct this isnt a major market stock and we still have some time before we get off the pinks. On the OTC a truely profitable company is rare. When one does become profitable or even nears profitability it is met with more enthusiasm then a major market stock. Some of the best momo runs come from this type of news too. The fact that IVFH will begin showing profit from Q to Q alone will increase this stock dramatically .
Snaphook
Sorry I cant reply to e-mail on IHub. To answer your question yes both issues in your proxy are issues that are behind us. Both reverse splits were prior to IVFH. Both issues were ratified at the meeting with votes over 49m in favor so those who didnt vote no worry!. There is no current changes to the OS/AS or any other part of the business.
We are about to enter a very unique area as far as pinkie/soon to be OTC in the fact that we will be profitable. That in itself will be met very well I am losed to name other truely profitable OTC stocks. I know several claim they are about to be profitable.
Here is my e-mail
concertman_1 at yahoo dot com
Keep in mind that Quintessentials Magazine is a publication from US Food Service.
Here is an article from that magazine. Chef Joe played an instrumental part in thise publication. He talks about Asian foods in this article. Mabe the connection to why they are interested in a farm In china? Again just something to look at soon the speculation is over and we will hear a great deal from the company
http://www.usfoodservice.com/flash/services/quintessential/exotic.pdf
iculooking
I am expecting some type of PR within a couple to a few weeks. You can bet if we dont get one in that time frame I will be calling Chef Jon and Chef Joe : )
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.
I will compose a few paragraphs tonight outlining some of the info the shareholder we speak of had at the meeting. I will allso call him at some point to discuss this info further.
This weekend I will likley re create the brochure of the new products up for international distribution/marketing and put it online for everyone to see
stock
now this is a good post and I agree with you. But what you dont realize is you scare off investors and scare some into selling. You really do..temper it a bit..actually temper it alot! lol
Its a real shame with so much good news coming our way and we have a gem here that I read this board and it is pathetic today. Stock your out of control! doing no good at all. You made the same point 500 times thats not cool my friend
If indeed there is a short he better be carefull. When the company talks they might fry him fast!
burntiv
It was the owner of the shell we aquired. He evidentally took a short position out at 0.50. Makes sense it would have been a good move on his part. Add the Debbie scam and the stock had no shot to hold its ground last year. If thats true there is no way he has covered completely. At some point when he does cover it will certainly add fuel if indeed this info is accurate
Here is most of the info I was able to get from the company. If anyone has questions it may jar my memory for further info.
I also spoke with a very large longtime shareholder after the meeting. I recieved some very interesting and exciting info which I will go into on my next post when I have a chance to compose it likley later tomorrow.
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. T 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.
They are on the pinks now things will change on the OTC.BB
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!
iculooking
Meeting them was awesome. Previously they impressed me as honest straight shooters. After meeting them its confirmed imo. We had a chance to have a fun friendly conversation before the meeting as well. The mood was of excitement from the shareholders I talked to. Read my post I will have one more lengthy one coming from info I recieved from a third party large shareholder after the meeting.
Rob
They arent trying to hide anything . They are within a week or two of completing auditing two years of books. It was done by a very prominent large firm and their attorneys are big in NYC as well. Thats not hiding : )
Just back from NYC
I will need a little time to compose a message to the board. I hope to get it up tonight but cant promise I am exhausted. I am very happy I own a great deal of IVFH. imo its a steal at these levels. I quickly read some posts Robsaia called it right if the company wanted to run the stock they would have issued a PR. They are waiting until everything is at least in the hands of the SEC. IMO when they talk look out! I will elaborate soon I have alot to put together I want to do it properly so bear with me
stock..your out of control! Do you realize your antics hurt things!
I believe you mean well but chill!!!!! The company knows what it is doing. When they talk they will drop bombs imo they dont need to play a pr game at the moment. They are working feverishly at the moment give them a break!
Stock...thanks for the encouragement..I am in the same boat with a cursed man I feel so much better lol.. sounds to me like your due a biggie! and by all means if it brings you luck be pesimistic!!
I am not so sure we have momentum. If that volume recently is what momentum is then this place is a bunch of snails lol
We will be fine Stock..hang tight! Soon we will join the few great plays like brvo and uchb
Stock
I cant make them give a pr in a few days lol. But i can report the news given at the shareholders meeting.
I agree Stock its time to talk and I expect the shareholders meeting is the beginning