Innovative Food Holdings Inc (IVFH)

[geodan]

Yes saw the IVFH retention-WeGet70%-85%?

AND

Additional details of the proposed spin-off, including proportionate shareholding and separate financial information relating to The Fresh Diet and Innovative Food Holdings(IVFH) will be provided to shareholders prior to the closing of the transaction. In connection with the transaction, Innovative Food Holdings(IVFH) expects there to be a separate listing of The Fresh Diet on a U.S. exchange in the first quarter of 2016, following appropriate filings and approvals with the SEC and NASDAQ. Innovative Food Holdings(IVFH) also plans to retain between 10% to 19.9% of The Fresh Diet, and expects to distribute 70% to 85% of The Fresh Diet shares directly to Innovative Food Holdings'(IVFH) shareholders.

That sounds good, almost too good. So someone else puts up $1 million, but for what. 10% of FD? Maybe its debt.