Innovative Food Holdings Inc (IVFH)

[geodan]

Did chat with Sam. He struck me as very high energy and intelligent. He is very familar with his financials and share structure.


They do have more shares posible to be exercised than the current share count from options and convertible dedt. That is what casued the non-cash loss last Q, the arcane rules the SEC uses on counting them as part of P/L based on valuations, a dumb rule.

Overall was impressed with him. Those options and debt are really from the past, currently the stock is not being diluted much.

If exercized the debt would disappear. At current prices it would be about breakeven.

The key for IVFH is can they stay cash flow positive and growing. IMHO if they can pull it off for another Q I think they will attract a lot of attention.

IVFH looks like a pretty safe investment. A rarity in sub $5 mill mkt cap companies.