Innovative Food Holdings Inc (IVFH): They took on some of the debt although w...

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Innovative Food Holdings Inc (IVFH)

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Re: fishhunter post# 18132

Wednesday, 01/31/2018 1:11:10 PM

Wednesday, January 31, 2018 1:11:10 PM

They took on some of the debt although we don't know how much. The 8-k said around $1.1M of the purchase price went towards paying off debt. I assume the debt that was paid was probably coming due sometime soon and might also be why they sold the business for so little if it wasn't likely they'd be able to refinance (decision would either be to sell the biz or eventually fold under all that debt).

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Recent IVFH News

Form 8-K - Current report • Edgar (US Regulatory) • 08/22/2024 07:14:05 PM
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