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Tuesday, September 18, 2007 6:50:36 PM
I see we got our contract extension. Why did they elect to put this out after the market closed? It's like they don't want the stock to go up.
Form 8-K for INNOVATIVE FOOD HOLDINGS INC
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18-Sep-2007
Entry into a Material Definitive Agreement, Financial Statements and
Item 1.01. Entry into a Material Definitive Agreement
On September 12, 2007, the registrant's wholly-owned subsidiary, Food Innovations, Inc. ("FII"), and Next Day Gourmet, L.P., a wholly-owned subsidiary of U.S. Foodservices, Inc. ("USF"), executed an extension, through September 11, 2008, of their existing contract pursuant to which FII supplies perishable and non perishable foods to USF and its subsidiaries. In 2006, sales under this contract represented approximately 98.29% of the registrant's revenues and in the first six months of 2007 it represented approximately 95.63% of revenues.
ITEM 9.01 Financial Statements and Exhibits
(d) Exhibits
Exhibit Description
10.1 Second Amendment to Supply Agreement between Food Innovations,
Inc. and Next Day Gourmet, L.P.
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