Innovative Food Holdings Inc (IVFH): NO, the loan would not have to be paid b...

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Re: davidam post# 5016

Sunday, 06/04/2006 4:53:17 PM

Sunday, June 04, 2006 4:53:17 PM

NO, the loan would not have to be paid back since Pasta is now an IVFH subsidiary. The $350k and other monies went towards the purchase price. I figure the purchase price was approx $1 million in rounded numbers (assuming 10m shares at 4-4.5 c)

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