Innovative Food Holdings Inc (IVFH)

[otcbargains]

The stock is incredibly undervalued but a stock that trades a couple hundred thousand shares a day takes forever to churn through all the shares constantly hitting from the CEO using shares to pay for everything. Then shareholders get impatient and sell because it becomes so frustrating.

I am beginning to see why he is so disliked. I wish I would have sold on the spike to .73 but I really thought it would break out from there and move to much higher prices. I didn't realize how many shares would be unloaded by insiders, former employees and for interest payments on debt plus converting options at .25 if I remember right.

All it takes is one big fund or someone with deep pockets to soak up all these shares that are hitting but so far in 5 months I have seen nothing but selling except for the spike on huge volume following the annual report.

I am frustrated too and considering moving on. I can't afford to hold stuff forever no matter how undervalued it is. I need cash flow to pay my bills.

IF it doesn't start moving up early next week I will just move on.