Innovative Food Holdings Inc (IVFH)

[greasemonkeyshoes]

Without "FD Jr"........
Adjusted 4q 2108:
revenue(specialty+brand) $12.4($11.8+$0.6) from news release
cost $8.06(65% 4q 2017)
sg&a $3.1(25% 4q 2017)
net income $1.24
eps=3.7c or 15c annualized
at pe=8,stock price=$1.20
at pe=7,stock price=$1.05(most likely be)
at pe=6,stock price=$0.90
vs
stock price=55c,pe=7 using today's closing price
so after one year of Sam's "M&A hard work",plus all the prior fireworks:
mc have gone down from $40 million to $18 million,
or
the hybrid business model is flawed;no one is in their right mind to bet the farm on it,
and
business as usual?I guess we are all good and like pain.

ps-"emperor has no cloth" and surrounds with people agreed with him.It is a fool's errand to see him open up to his investors,he won't: expect firework as BIG BOYZ started challenge him at all level.Unless he added independent directors to counter balance him,its all HOGWASH.

ps2-as dickmo said,4q is the best quarter for the company: headwind ahead.Odds say 50%+ next eps<2c.