Innovative Food Holdings Inc (IVFH)

[davidam]

Updated DD page 07/09/2005

It has changed quite a bit recently worth a read.


The company has an open door policy with its shareholders. They have impressed shareholders as being honest and straight shooters. We have spoken with the President and CEO on many occasions. Recently met them in person in New York City at the first annual shareholders meeting.

Issued and Outstanding- 83 million

Restricted- 54 million

Tradeable float- 29 million
Float even tighter because there are some large strong common holders

Company is currently break even and will most likely be profitable quarter over quarter moving forward.
Chef Joe told shareholders at the shareholders meeting that the company has no need for outside financing to support the current business. If not for the current one time extraordinary expenses associated with filings the company would be profitable now.


Growth is imminent and a great portion of the growth moving forward is organic non dilutive.
With every new product/partner they align with brings strong organic growth, no need for dilutive acquisition

Benefits of and IPO yet it is likely currently substantially undervalued due to the scam that crushed their share price

Key contract with US Food Service enables continued organic growth. The company is currently in talks with Sysco Foods as well. Both major food suppliers have an increasing demand for the perishables IVFH offers. IVFH has no competition to date per Chef Joe DiMaggio at the shareholders meeting therefore
IVFH appears well positioned to make their best deal.
http://www.investorshub.com/boards/read_msg.asp?message_id=5142330
http://bigcharts.marketwatch.com/intchart/frames/articles.asp?guid={B2084AE8-ACE1-4CE1-95BA-751A4991...

Food Innovations, Inc. and Harvest Pak Foods Corporation Form Sales and Marketing Partnership
Harvest Pak(TM) targets existing "old style" food products such as those in jars, cans and frozen items and replaces them with food products packaged in the unique Harvest Pak(TM) sterile pouch, and then distributes them to the commercial food service industry, including airlines, cruise-lines, hotels, restaurants, healthcare and educational. They are currently putting IVFH products into their special packaging signifying distribution to take place soon
http://www.knobias.com/individual/public/news.htm?eid=3.1.694f658a0a3bf50ae7e6d1cf2c7b75d2b8288a4954...

Chef Joe DiMaggio is ready to distribute and market his new line of sauces Internationally in cans and jars
http://www.picturetrail.com/davidam


Food Innovations, Inc. Welcomes Renowned Chef Emeril Lagasse's Restaurants to Growing Client Base
http://bigcharts.marketwatch.com/intchart/frames/articles.asp?guid={2719582B-3896-4323-91E4-9002BF79...

Food Innovations, Inc. Announces Strategic Agreement With Silversword Seafood of Alaska
http://bigcharts.marketwatch.com/intchart/frames/articles.asp?guid={75926D2E-127A-488A-BC75-8E7D73C2...

Food Innovations, Inc. Announces the Arrival of Chef Jonathan Steckler as the Companies New Director of National Sales and Corporate Chef
(Its evident Chef Jonathan is excited about the growth the company is expected to have quarter over quarter growth and profit on a ongoing basis)
http://www.knobias.com/individual/public/news.htm?eid=3.1.2de3a3dcd7d9eba58069b81477be042c17eb8e399e...

Specialty food distributor Food Innovations Inc., will start 2005 off by targeting upscale grocery stores with its origin-specific perishables, according to an article from November 2004

Recent News from The SEC:
The Phone Scam which destroyed IVFH stock price has been confirmed that the company was not involved in any way and the ones at fault have been caught and prosecuted. This scam drove IVFH share price down from
0.50 to sub penny. Since that announcement the Share price has begun its recovery
http://www.knobias.com/individual/public/news.htm?eid=3.1.e876e1fff4e4eb422b22123af516ae95e1f8a729f4...

Recent news discussing strong growth
http://newsroom.eworldwire.com/view_release.php?id=11041

Prior News Discussing Strong Growth
http://www.knobias.com/individual/public/news.htm?eid=3.1.ebd1180822c1c3fa9931cceb3805a8259f8951a345...


The company is currently performing a complete audit of their books for a two year period and will move to the otc.bb . The Audit will be completed within a week or two as per the president Chef Jonathan on 07/06/05 at the shareholders meeting.
http://www.knobias.com/individual/public/news.htm?eid=3.1.c2331d2b88812ba2595d8cadb4a42f218350a1acf1...
The company is being represented by a prestigious Law Firm In New York City.

Rumor has it from a longtime large shareholder that the company is in negotiations to buy a farm in China which produces origin specific perishables. The acquisition is expected to bring immediate profits near 1m dollars and gross revenues of 3.5m dollars. It is believed the purchase will be executed by issuance of restricted shares. This acquisition is expected to create organic growth moving forward and secure the company in this area of distribution.



Follow this link for all news other releases, audio interviews with the CEO Chef Joe Dimaggio Jr., and general info
http://www.investorshub.com/boards/board.asp?board_id=3359