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Re: dabreeze21 post# 18245

Wednesday, 05/23/2018 2:08:41 PM

Wednesday, May 23, 2018 2:08:41 PM

Post# of 19254
I went back through the last 5 years of SEC filings for IVFH. There are no 13D or 13G filings for any of the FD people. I have to assume they did not need to file. I am certain at least two received more than 5% of IVFH stock. When the dissident FD shareholder sued IVFH, and they bought his shares back, they announced that he owned less than 24% of FD. 24% x 10 million shares = 2.4 million shares is more than 5%. Yet no filing, so I assume they were unnecessary.

And yes, I assume the company will either buy some of those shares, or force him to sell over 12 to 16 quarters. Neither alternative is positive for shareholders IMO, despite what you or others may believe. The last thing this company needs is more concentrated ownership.
Volume:
Day Range:
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Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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