Innovative Food Holdings Inc (IVFH): The 200 million OS estimate did not incl...

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Re: davidam post# 6005

Sunday, 07/02/2006 4:08:36 PM

Sunday, July 02, 2006 4:08:36 PM

The 200 million OS estimate did not include their acquisition of a manufacturing company (i.e., Pasta Italiana) but it did consider shares being used for an acquisition of some sort, namely a farm in China. The BOD decided that the farm was too risky. They later made a deal for Pasta Italiana.
I am not sure if the O/S will ever got to 200 million, but you are correct David in that we bought in based on that assumption. BTW: Friday's decline had nothing to do with business...

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