Innovative Food Holdings Inc (IVFH)

[Coolhandluke13]

You two can work each up into lather can't you. Jeez. Anyway, I'm more aligned with greasemonkey (grass root revolt) than I am any conspiracy theory to take this company private.

As far as turning into hotheadluke not yet, sorry. I need to give it more time. Wrong or right they bought IGourmet to to play in the gourmet field along with the B&B. The core has been down but is a steady 7-8 cent annual EPS earner. If IGourmet can start making profit then we have something. As for me the jury is still out. It looks like they will cut the loss at IGourmet in half from standalone IGourmet which is improvement. Next year they need to be profitable at IGourmet. If they continue to need 40% SG&A as a % of IGourmet revenues then that is a big problem. I'm waiting to see what over 50% of IGourmet's revenues in the 4Q will bring as well as any new governance actions. 2019 will be a big year to see what they do on both fronts.

If they don't improve and the core gets worse than I think activist shareholders will make a move. I own 4% and have had other large shareholders contact me with similar ownership as well as firms that don't own any right now but are activist investors and have been eyeing IVFH for improving operation and governance.