Replies to post #18801 on Innovative Food Holdings Inc (IVFH)

[greasemonkeyshoes]

An alarm bell is ringing..........
revenues of the combined acquisitions(IGourmet&mouth) are stagnating at 1.8 million,at the same time
q/q:
cost up 1%,from 70% to 71%
sg&a up 3%,from 26% to 29%
model not working
or
a loss of 400 basis points from the net profit margin:11%(2017),3%(2018),and down to 1%-(current).
or
as the revenue increases,a higher shrinkage to the net profit realization,and we are about to cross the rubicon into the land of "red".

[Dickmo]

Grease - I read your last 3 or so comments. All I can tell you is that Sam's business model is not flawed. In fact, it's working to perfection. The only problem is that it's not the same one you think it is. I told you maybe a dozen times how this is going to play out. So far, Sam is playing this game like a pro. He's going to separate the retail shareholders from their investment. So far, the man is on a championship pace.

Let's see if the new Board member can figure this out. If it turns out that he's another poker buddy, then he'll say nothing, collect his checks, and everyone except the retail shareholders will be fat, dumb, and happy. I still think he's gone before SuperBowl. I think this guy was brought in to appease some dissident member of the 'team' who believes they need cover. Whether he stays or goes is not important. It's not Sam's fault if no one wants to play with the children on the board in their little sandbox. Remember, if they don't like him, they can throw him off. I hope he brings enough juice boxes for everyone at the next mud pie session.