Innovative Food Holdings Inc (IVFH)

[Coolhandluke13]

Eldan

Welcome aboard. I agree with you assessment. I have bought a lot of stock and own about 3% of the company now so I have a huge vested interest.

I have a feeling that on the governance side that a new Board member will be named and an annual meeting held in the next 6 months. I believe that they will hit IR a little harder soon but I think they need to get their story defined better especially how the different platforms are working (IGourmet, core business, USFood). It is actually the non-USFood business that has fallen off (or converted to IGourmet or both). I think they would be great for value investors.

I think they will continue the higher than usual operating expenses for IGourmet for probably the next few quarters. I think the 9 cents for the next 4 quarters is fair and if they can solve core growth or the IGourmet investments can add revenue than maybe a bit higher.

At the end of the day, they are a player in a growing specialty market (gourmet), profitable, good balance sheet and an acquisition target (probably only USFoods for now but could be others if that revenue concentration gets reduced).