Hi kids. I've been reading but trying to maintain a low profile. There's just so long I can play that game.
Grease - you hit on it. Allow me to fill in some details. Let's go the the 10-K
YS Catering Holdings, Inc., et al. vs. Attollo Partners LLC, Rajesh Rawal, Vojkan Dimitijevic, Asif Syed, Roy Heggland and Innovative Food Holdings, Inc., Case No. 2017-007504-CA-01, Eleventh Judicial Circuit in and for Miami-Dade County, Florida
On March 26, 2018, YS Catering Holdings, Inc., et al., filed suit against Innovative Food Holdings, Inc. YS alleges claims against IVFH that are almost identical to ones pending in the PNC Bank vs. Fresh Diet, et al. federal court litigation (Case No. 17-cv-21027-KMM) in what we believe is an improper attempt at forum shopping. In addition, YS seeks injunctive relief with respect to the removal of certain trading restrictions and other restrictions on its restricted shares. IVFH intends to move to stay the case pending the outcome of the almost identical PNC federal court litigation involving YS’s principal Zalmi Duchman. Discovery in the case is ongoing. While IVFH intends to vigorously defend against this lawsuit, the outcome of this lawsuit cannot ultimately be predicted.
The important clause concerns injunctive relief with respect to the removal of certain trading restrictions and other restrictions on its restricted shares. Now the question is - how many shares? I have my guess and I leave you to your guess. But in terms of days trading, I'm guessing the volume is measured in Months, not weeks and certainly not days. That's one heck of a lot of stock overhanging the market. Until that restriction is gone, it cannot be sold. But someday, it will come off and that stock may flood the market (unless IVFH buys it).
And we'll talk about the second huge potential problem in a later post.
Market Data 
Markets 
