Innovative Food Holdings Inc (IVFH)

[kimbaray]

I see some selling. 8-K out, by Carol Houston. Unusual.

On October 12, 2006, an aggregate of approximately $610,000 principal and interest of the registrant’s 8% convertible notes became due. On October 13, 2006, a noteholder to whom the registrant owes approximately $53,000 of principal and interest sent the registrant a notice demanding payment of its note and interest. The registrant also received a notice from another noteholder to whom it owes approximately $92,000 of principal and interest stating that the noteholder will not convert its note and requesting payment in full of all sums due. The registrant does not currently have sufficient funds to pay more than a de minimus amount of the notes due. The registrant has commenced negotiations with the various noteholders to settle the debt, but it is too early in the process for the registrant to provide any assurance that it will be able to successfully resolve this matter. The notes that became due on October 12, 2006 are in addition to the more than $550,000 in convertible notes the registrant reported as being in default in its Annual Report on Form 10-KSB for the year ended December 31, 2005.

I guess it’s time to address this warrant issue!