International Food Products Group, Inc.(IFDG)

[greenday666666]

Hototc.com news on IFDG!!! CEO interview!!!!

Watch List for Wednesday 12-7-2005

ITWO closed up very strong, it's up about 1.5 points in just 3 days.
FST also hit a new high since my initial alert.

Back on June 22nd, I profiled IFDG when it was under .03. It quickly ran all the way up to .11. IFDG is looking very attractive again. IFDG is a small coffee company shipping to Sam's Club one of the biggest club stores in the world.
I recently had the opportunity to visit the IFDG office and sit down with ! the CEO and interview him. I believe this is a great company with a very bright future. IFDG has had a lot of recent developments lately. IFDG has no long term debt, and in my opinion is undervalued. http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=ifdg&sid=0&o_symb=ifdg&f...

Interview with IFPG—Richard Damion, CEO.


Hototc: I notice that your new product lines are being marketed in the Club Stores primarily. Why is that?
IFDG: We incurs less slotting overhead and our in store competition is much less, if we get into the Club stores.
Hototc: How much less competition?
IFDG: We have only 2-3 competitors compared to dozens of competitors.
Hototc: How long before significant earnings are expected?
IFDG: We are at the beginning of that now and positioned to make very significant earnings in the next 12 months.
Hototc: How much profit will occur if that happens?
IFDG: We are not certain but let me say that our profit could exceed our current stock price.
Hototc: What other programs are you engaged in to generate cash flow besides coffee?
IFDG: We have blueberries and other organic fruits and vegetables. Perhaps we will divest from out snack foods next year.
Hototc: Why divest from the snack foods? Weren’t the products good?
IFDG: The snack food business is very good but very expensive to promote and to ship. A few ! other companies can take our proven products and make them into a significant branded item, like the patented items already in the market doing half to a billion in revenue.
Hototc: What will you get from a divestiture?
IFDG: Perhaps $5-10 million cash since our products have been well tested and two are with patents.
Hototc: Are you going to stay with the company as President?
IFDG: No, but I will be very much involved. We have interviewed several very capable individuals who can take the company to! the next level and higher. That will take place after the first of the year.
Hototc: What makes IFPG unique?
IFDG: We are a virtual company. That is, we have control of many operations but we do not have the overhead of those operations unless we have sales. We can expand almost without limit and with the same basic overhead we have now.



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