Innovative Food Holdings Inc (IVFH)

[geodan]

Total Diluted appears to be 740,117,824


Number of warrants outstanding 273,200,000
Number of conversion options outstanding 245,858,200
Stock out 221,059,624

Total 740,117,824

That is the worst case. The Conv Debt seems to be going to cash paymnet or discounted stock. People have to Pay to get their Warrants into stock, so deals are cut, especially at these prices (at strike).

Looks like about 500,000,000 likely in real world, JMHO, which means IVFH is dirt cheap. 500,000,000 x .008 = $4,000,000 and maybe $1,000,000 cash comes in from exercizing, so $3 million mkt cap for cashflowing and growing $12,000,000 a year in sales company, 1/4 mkt cap to rev.