Monday, July 11, 2005 3:56:29 PM
I assume yes they needed money when they went public. Isnt that the reason most companys go public? When they buy profit making farms they may need money again such as the use of restricted shares.
I am not sure if the site you showed us ships seafood or not. But I can tell you they are a retail store. Meaning when they get fish it has been out of the water at least a week likley more . Stll fresh ? absolutely. IVFH gets fish from the ocean to the table in three days. Big difference here. Doesnt even smell like fish. The white table cloth establishments have a growing demand for this type of fresh food. This is where IVFH has no competition. They are not only doing this with seafood but with many other perishables as well.
I wanted Rabutan. A fruit found only in SouthEast Asia. Never seen it in The US fresh. They made a contact for me and could have it picked and delivered in a few days as long as it was harvest season
Disclaimer: My posts are IMO, I am not a Professional analyst Do your own DD before investing/trading . My opinion is subject to change quickly depending on market conditions or other considerations!
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