Replies to post #18758 on Innovative Food Holdings Inc (IVFH)

[greasemonkeyshoes]

Can the company be worth more than $20 million.......
If it had not di-worsefied,like 2017(pre-2018) where:
cost 67%
sg&a 22%
net income 11%
pe expanded to 10
or
business valuation
mc = eps*pe*shares

Valuation @pe=10 becomes
**mc** ****revenue**** **eps**
$46 million $41.2 million 14c(33 million shares,2017)
$51 million $45.0 million 15c(34)
$54 million $50.0 million 16c(34)
$61 million $55.0 million 18c(34)
$65 million $60.0 million 19c(34)

So what?
Had the company stayed on course of "chef-to-chef" platform,and with a meager 5% annual growth,the company simply would worth $51 million dollars,not $20- million dollars today.

What Dick is not seeing or refused to see?
Had Sam kept core business steady,the pe expansion alone had doubled the mc,back in 2017.After FD mess,Sam did a good job until he went off the course again.

What Pappas sees and his incentive to reverse the course?
By simply going back to the 2017 core business model,the likelihood of doubling the mc from today's low,is a simple and logical fixes.Or 100%+ roi on his investment.Will he get rid of Sam to do this?I believe the fight is on,due to Sam's refusal.

bottom line:
If he ask me for support,I would say yes.