Innovative Food Holdings, Inc. (PNK:IVFH) Q2 2023 Earnings Call Transcript

So, and I hope that offer a little context, Daniel, and was able to help you see how we’re thinking through that process. Like I said in the upfront comments, our goal is to push that ratio to the 4:1 or 5:1 range, and then investing in marketing in this business will be a no-brainer because every customer we acquire will fund the acquisition of the next five customers, right? And then it becomes self-sustaining and we don’t need to cloud capped anymore. That’s ultimately the goal there. We got another question in the chat. Adam wanted to know when to expect an Investor Day. That’s really in line with my comment earlier on sort of our longer-term strategy discussion. We haven’t set a date for it, but it will be later this year.

Ronit Wallerstein: Thank you, everyone, for your questions. I’ll now turn the call over to Bill to wrap-up.

Bill Bennett: Awesome. Thanks, Ronit. Thank you, everyone, for your attendance and engagement on the call today. It really is inspiring to see the level of interest in IVFH. As always, I’m happy to make myself, and my leadership team available to connect with investors, who have further questions about publicly available data. Please reach out to Richard Tang, whose contact info is included in our press release, if you’d like to schedule a touch base. Take care, and we look forward to our strategy presentation later this year, and our next quarterly update in November. Thanks all. Have a great day.