Innovative Food Holdings Inc (IVFH)

[Dickmo]

Cool Hand Luke - (a favorite movie, BTW)

Providing company management doesn't do anything stupid between now and the end of 2019, you should do just fine. I think you are a bit optimistic, but not so much as to make a big difference. I would come in 10% to 20% less than you do, especially in 2018. But in the end, it's the P/E that matters, not the earnings.

I seriously doubt management will get adventurous in the next six months. They will wait until they are comfortable the iGourmet is well on the way to success. And I see that as a near certainty. What comes after that is the potential concern. But I suspect this group has learned to stick with food brokerage.

If they ran this company for the benefit of shareholders, this company would finish 2018 at $1.60-$2.00. But they don't, so I think you will be lucky to see $1.25 - $1.40. That is, depending upon what came out of the settlement with the former owner of the Fresh Diet. I have a feeling that will be the gift that keeps on giving. No information on this. I just know the players.