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Hi Stock
Glad you see the big picture now. It is my largest holding as well. How did your talk go with chef Joe? what did he have to say? my e-mail is dave@firststate.com if you want to send me mail
some of it is day trading but alot of this activity is financier selling their converted shares at a 20% discount to satisfy notes due them. The retail public is now matching sales with buys. the shares are being absorbed imo
The answer is simple. They had 7m in notes that were due on March 15th. Markland did not pay any of that amount. therefore the financiers could begin conversions of shares at a 20% discount to the current sp. They were not aloud to own more than 9.9% of the total os at anytime. they began conversions in the thirties and sold as they converted profiting the cushion . So far approx. 22m shares have been converted and sold . Ducey also got replaced and he was selling . This has driven the share price down. currently the financiers are still converting and selling but a bottom appears to have been reached. I assume this process will near an end soon and the share price will begin a recovery
aimop
once again you claim you sold today at 0.029 the bid and stock never even went that high
http://host.businessweek.com/businessweek/Historical_Quotes.html?Button=Get+Quotes&Format=0&...
small time player with facts messed up imo
yesterdays action
noone bought at 0.02 not even close
http://host.businessweek.com/businessweek/Historical_Quotes.html?Symbol=IVFH&StartDate=04%2F28%2...
you did did you? level two had no buys or sales at those prices
do you think people are stupid?
I was looking through their menu on their website and noticed rabutan. It is a delicious fruit I had when I was in Indonesia. I called Innovative food holdings this weekend and left a message with my interest in buying a case of it. They promptly returned my call today and were very nice and professional. They had already made a contact to import the fruit before returning my call. I told the chef ( whos name excapes me at the moment) that i was an individual wanting one case this summer for a party we will have. He was very receptive to that and told me to order soon and they will get it for me. The fruit will be freshly picked ( but must be during a harvest season) and will be shipped within two days to my home.
I will report on the actual reception of the merchandise when I order. I am very impressed with the potential here and everything looks good to me. The staff is great to talk to and you get an impression of straight shooters.
Also today the ask was up to 0.035. I think we will be moving up again soon imop
ronpopeil
I agree 100%. There is no sense in telling us about new contracts or new distribution connections before financials are absorbed. If the move actually does take place in the 60 day time frame that chef Joe predicted we may not get an update at all. We may just get the big news! If there is a delay I would expect an update soon. We must use our common sense here. If the financials are not very good and worthy of a considerable sp price increase then why bother? I have to assume that the combination of financials, current growth, and future growth guidance we will see ivfh at a different level.
Keep in mind Chef Joe has impressed me as a straight shooter and a good guy. He promised there would never be a reverse split sprung on his shareholders. If one was necessary to improve the company it would be filed with the sec first! His words!
I suggest for people to give a call and chat with him he is very receptive. I would hope only serious investors not traders would call
ronpopeil
He did not respond to my recent e-mail when I suggested a pr updating progress would be helpfull at this time because I specifically mentioned a direct response to me wasnt necessary, Besides I dont think chef Joe would or should let me know in advance of any specific pr, I certainly wouldnt request such info.
His response to me was on 3/16 via phone. He actually called me back to answer questions I had. At that time he had told me about 60 days before the move would take place. I will assume as the move gets close there will be an update. I expect it soon likely next week. Just a guess. He had also specifically told me to keep an ear open for news to come about the good things happening with the company. Again I assume these pr's will be coming prior and post financial reporting.
I am hopeing for a public update next week on the progress being made towards moving onto the otc.bb . I requested this via e-mail directed to chef Joe over a week ago. we havent heard anything publicly in over a month. On 3/16 in a phone conversation Chef Joe estimated to me that it would be 6o days before the move would take place
I believe so!
mikeymac
yes it was and it was good to see it still close up positive and not retrace down. I look for news to blow the doors off this thing eventually.
I sent an e-mail to chef Joe requesting a pr to simply update us on the companys progress in moving to the otc.bb. A simple pr of that nature will help us get to a little higher ground and form more support. We have a little steam right now a little push is appropriate
Its good to see other believers here. Owning this stock sometimes makes me feel like the only one. Not known at all and little volume.
This could end up being the reason it becomes explosive!
ronpopeil
Expect news and the move from the otcbb its evident. From Joe Dimaggios mouth himself on 3/16/05 he told me the move would happen in about 60 days and keep an ear open for good news about the company. I patiently await and collect
burntinv
thanks for that info
ask is up to 0.03 bid is at 0.022. big spread there. I expect us to be trading over 3 cents soon. When the news hits and the financials over 10 cents quick imo. If the technicals are sound could go much higher than that. When this stock first traded it opened around 60 cents and settled in the thirty to forty cent range. There os is larger now but I bet there business is more than doubled since then
potential blockbuster winner here!!
go ivfh
burtinv
I am not sure what this article has to do with ivfh? please advise.
I posted this link before to recent news that is very hard to find, I found it while searching deep into yahoo.
http://newsroom.eworldwire.com/view_release.php?id=11041
We are trading at 0.02 right? hmmmm
Now read this
http://www.talkaboutinvestments.com/group/misc.invest.options/messages/58990.html
Some have a vested interest for this not to blow up and
have caused PR's not to show on some sites.
My find on the above news supports this theory
ronpopeil
I would think thats exactly what they will do. I expect them to make the street aware of this stock before and after entering the BB. Chef Joe seems very level and a straight shooter. They will release news with real facts contained about the company. He does not appear to be a pumper at all. If anything he trys hard not to mislead in anyway. This is in my opinion and how he has impressed me thusfar.
by the way nice day today i expect more of the same trading pattern for a while the mm are trying to grab shares. Look at the current spread its a joke
bid: 0.013
ask: 0.021
ronpopeil
I spoke with Chef Joe recently. He expected to make the move to the otcbb within about 60 days. That was a couple few weeks ago. He also told me to keep an ear on the news that would be surfacing "many good things happening with the company" he said.
You are correct that this stock isnt known I am hopefull they will get exposure with excellent financials. Chef Joe has an open door policy with his shareholders. If we have any questions, suggestions, or concerns I think he will give us an ear
There really isnt too much to say right now. Its all been said. Once this company releases two years of financials and completes their move to the otc we will have alot to discuss.
We will also be discussing how high this stock can go
I see a very good year coming for IVHF stock. While I have no real data to base that on I do have common sense. Which tells me no pinkie company in their right mind would show financials and make a move up unless it were very good news. Trading at 2 cents and under leaves little downside and big upside potential
Our latest decline in share price is on almost non existant volume. A sure mm play. I seen this thing drop 10% on 2k shares sold hello!!!!
Not to worry imo when good news hits this stock is likely in store for a big fast jump. Now is buying time and adding time. aimop
I will end with I trust our CEO he has some good things coming our way
mikeymac
Chef Joe expected the move to the otcbb would happen within 60 days. He told me to continually to keep my eye on news because there are really good things happening with the company
I spoke with Mr. DMmagio today. If anyone has any questios fire away
I dont think 4 cents is far away. if things fall into place here this will run big. currently trying to find these things out. i will be making calls and paying the corporate office a visit
1. current os
2. float
3. estimated time before trading on the otcc
4. terms of latest financing
5. revenues and profits
I assume many of these questions wont be directly answered until its public info. I do get the feeling everything is in order to make a splash on the otcc. just a big hunch right now cant back it with facts but it looks good to me from all i have read thats available