Innovative Food Holdings Inc (IVFH)

[Dickmo]

If Denver had the votes, step number one would have been to control the board. That hasn't happened. It tells me that Sam is still in control. It doesn't seem that Pappas and Banderas are buying in. Why? I can only guess that they either don't see a way out of the mess, they think Sam can turn this around, or they are ready to write this off. The problem they have is that they can't get out. The stock doesn't trade enough to let them out without a much bigger loss.
Regardless of the reason, Sam remains at the top. Denver obviously hasn't presented a plan that others can support. That plan may not exist ever.