Innovative Food Holdings Inc (IVFH)

[davidam]

Updated DD page 07/31/2005

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. We have recently met them in person in New York City at the first annual shareholders meeting on 07/06/2005.

Issued and Outstanding- 83 million

Restricted- 54 million

Tradeable float- 29 million
Float even tighter because there are some large strong common holders. Share structure last verifies a couple weeks ago.

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

Shareholders were told at the meeting the company has 12 pr’s lined up and will start releasing something soon.
It is expected that the more important news the company has will be given near or after the move to the OTC.BB. It is also expected these pr’s could be released over a period of several months.

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. The legendary name of Joe DiMaggio will likely be a very exciting venture for the company and its shareholders. While this is not our core business that has brought us on the imminent verge of profitability it is an exciting surprise that we were given at the shareholders meeting
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...


Food Innovations, Inc. Announces Arrival of Renowned Chef Don Pintabona to Company's Culinary Advisory Board
http://www.knobias.com/individual/public/news.htm?eid=3.1.e7e6ca4fb9d5916a58e38020607dcb547f74769095...

Food Innovations, Inc. Names Global Foodservice Consultant and World Renowned Chef Joseph Amendola to Chief Culinary Advisor Position
http://www.knobias.com/individual/public/news.htm?eid=3.1.8554b4b4566788659fcb461ec3fe9e465b3468097c...


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. The company is being represented by a prestigious Law Firm In New York City.
http://www.knobias.com/individual/public/news.htm?eid=3.1.c2331d2b88812ba2595d8cadb4a42f218350a1acf1...

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

Please do your own DD before investing. I make these posts in order to bring accurate good info to the ones that also help me. Its all in a spirit of good will you must take responsibility for your own investment decisions. Some things contained in my post are still speculative and may not come to fruition
good luck!