Filing Details

Accession Number:
0001214659-21-000351
Form Type:
13D Filing
Publication Date:
2021-01-11 10:19:14
Filed By:
Smith Denver Johnson
Company:
Innovative Food Holdings Inc (OTCMKTS:IVFH)
Filing Date:
2021-01-11
SEC Url:
13D Filing
Ownership Summary

Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.

Name Sole Voting Power Shared Voting Power Sole Dispositive Power Shared Dispositive Power Aggregate Amount Owned Power Percent of Class
Denver J. Smith 765,637 1,892,334 765,637 1,892,334 2,657,971 7.6%
CRC Founders Fund 1,041,710 0 1,041,710 0 1,041,710 3.0%
Donald E. Smith 26,000 804,804 26,000 804,804 830,804 2.4%
Richard G. Hill 39,300 45,820 39,300 45,820 85,120 0.2%
Samuel N. Jurrens 51,349 1,041,710 51,349 1,041,710 1,093,059 3.1%
73114 Investments 744,804 0 744,804 0 744,804 2.1%
Youth Properties 60,000 0 60,000 0 60,000 0.2%
Paratus Capital 45,820 0 45,820 0 45,820 0.1%
Filing
 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C.  20549

 

SCHEDULE 13D/A

 

Under the Securities Exchange Act of 1934

(Amendment No. 9)*

 

 

INNOVATIVE FOOD HOLDINGS, INC.

(Name of Issuer)

 

COMMON STOCK

 
(Title of Class of Securities)

 

45772H202
(CUSIP Number)

 

DENVER J. SMITH

350 S Race Street

DENVER, CO 80209

(405) 830 - 3274

 

(Name, Address and Telephone Number of Person

Authorized to Receive Notices and Communications)

 

12/31/2020

(Date of Event which Requires

Filing of this Statement)

 

 

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box

 

*The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

 

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

 
    

 

SCHEDULE 13D

 

CUSIP No. 45772H202   Page 2 of 12 Pages

 

1

 

NAME OF REPORTING PERSON

I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)

  Denver J. Smith

 

2

 

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

 

(a)

 

 
   

 

(b)

 

 

 

3

 

SEC USE ONLY

 

 

4

 

SOURCE OF FUNDS (SEE INSTRUCTIONS)

  PF

 

5

 

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS  2(d) OR  2(e)

 

 

 

6

 

CITIZENSHIP OR PLACE OF ORGANIZATION

United States Of America

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

 

7

 

SOLE VOTING POWER

  765,637 shares

 

8

 

SHARED VOTING POWER

 

1,892,334 shares

 

9

 

SOLE DISPOSITIVE POWER

  765,637 shares

 

10

 

SHARED DISPOSITIVE POWER

 

1,892,334 shares

 

11

 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

2,657,971 shares

 

12

 

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE(SEE INSTRUCTIONS)

 

 
  (SEE INSTRUCTIONS)

 

13

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

7.6%

 

14

 

TYPE OF REPORTING PERSON

 

IN

 

                   

 

    

 

CUSIP No. 45772H202   Page 3 of 12 Pages

 

1

 

NAME OF REPORTING PERSON

I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)

 

CRC Founders Fund, LP

81-2726593

 

2

 

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

 

(a)

 

 
   

 

(b)

 

 

 

3

 

SEC USE ONLY

 

 

4

 

SOURCE OF FUNDS (SEE INSTRUCTIONS)

  WC

 

5

 

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS  2(d) OR  2(e)

 

 

 

6

 

CITIZENSHIP OR PLACE OF ORGANIZATION

Delaware

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

 

7

 

SOLE VOTING POWER

 

1,041,710 shares

 

8

 

SHARED VOTING POWER

  0

 

9

 

SOLE DISPOSITIVE POWER

 

1,041,710 shares

 

10

 

SHARED DISPOSITIVE POWER

  0

 

11

 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

1,041,710 shares

 

12

 

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE(SEE INSTRUCTIONS)

 

 
  (SEE INSTRUCTIONS)

 

13

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

3.0%

 

14

 

TYPE OF REPORTING PERSON

 

PN

 

                   

 

    

 

CUSIP No. 45772H202   Page 4 of 12 Pages

 

1

 

NAME OF REPORTING PERSON

I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)

  Donald E. Smith

 

2

 

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

 

(a)

 

 
   

 

(b)

 

 

 

3

 

SEC USE ONLY

 

 

4

 

SOURCE OF FUNDS (SEE INSTRUCTIONS)

  PF

 

5

 

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS  2(d) OR  2(e)

 

 

 

6

 

CITIZENSHIP OR PLACE OF ORGANIZATION

United States Of America

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

 

7

 

SOLE VOTING POWER

  26,000

 

8

 

SHARED VOTING POWER

  804,804 shares

 

9

 

SOLE DISPOSITIVE POWER

  26,000

 

10

 

SHARED DISPOSITIVE POWER

  804,804 shares

 

11

 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

830,804 shares

 

12

 

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE(SEE INSTRUCTIONS)

 

 
  (SEE INSTRUCTIONS)

 

13

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

  2.4%

 

14

 

TYPE OF REPORTING PERSON

 

IN

 

                   

 

    

 

CUSIP No. 45772H202   Page 5 of 12 Pages

 

1

 

NAME OF REPORTING PERSON

I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)

  Richard G. Hill

 

2

 

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

 

(a)

 

 
   

 

(b)

 

 

 

3

 

SEC USE ONLY

 

 

4

 

SOURCE OF FUNDS (SEE INSTRUCTIONS)

  PF

 

5

 

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR  2(e)

 

 

 

6

 

CITIZENSHIP OR PLACE OF ORGANIZATION

United States Of America

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

 

7

 

SOLE VOTING POWER

  39,300 shares

 

8

 

SHARED VOTING POWER

  45,820 shares

 

9

 

SOLE DISPOSITIVE POWER

  39,300 shares

 

10

 

SHARED DISPOSITIVE POWER

  45,820 shares

 

11

 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

85,120 shares

 

12

 

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE(SEE INSTRUCTIONS)

 

 
  (SEE INSTRUCTIONS)

 

13

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

  0.2%

 

14

 

TYPE OF REPORTING PERSON

 

IN

 

                   

 

    

 

CUSIP No. 45772H202   Page 6 of 12 Pages

 

1

 

NAME OF REPORTING PERSON

I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)

  Samuel N. Jurrens

 

2

 

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

 

(a)

 

 
   

 

(b)

 

 

 

3

 

SEC USE ONLY

 

 

4

 

SOURCE OF FUNDS (SEE INSTRUCTIONS)

  PF

 

5

 

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR  2(e)

 

 

 

6

 

CITIZENSHIP OR PLACE OF ORGANIZATION

United States Of America

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

 

7

 

SOLE VOTING POWER

  51,349 shares

 

8

 

SHARED VOTING POWER

 

1,041,710 shares

 

9

 

SOLE DISPOSITIVE POWER

  51,349 shares

 

10

 

SHARED DISPOSITIVE POWER

 

1,041,710 shares

 

11

 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

1,093,059 shares

 

12

 

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE(SEE INSTRUCTIONS)

 

 
  (SEE INSTRUCTIONS)

 

13

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

3.1%

 

14

 

TYPE OF REPORTING PERSON

 

IA, IN

 

                   

 

    

 

CUSIP No. 45772H202   Page 7 of 12 Pages

 

1

 

NAME OF REPORTING PERSON

I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)

 

73114 Investments, LLC

26-3607132

 

2

 

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

 

(a)

 

 
   

 

(b)

 

 

 

3

 

SEC USE ONLY

 

 

4

 

SOURCE OF FUNDS (SEE INSTRUCTIONS)

  WC

 

5

 

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR  2(e)

 

 

 

6

 

CITIZENSHIP OR PLACE OF ORGANIZATION

Oklahoma

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

 

7

 

SOLE VOTING POWER

  744,804

 

8

 

SHARED VOTING POWER

  0

 

9

 

SOLE DISPOSITIVE POWER

  744,804

 

10

 

SHARED DISPOSITIVE POWER

  0

 

11

 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

744,804 shares

 

12

 

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE(SEE INSTRUCTIONS)

 

 
  (SEE INSTRUCTIONS)

 

13

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

  2.1%

 

14

 

TYPE OF REPORTING PERSON

  CO
                   

 

    

 

CUSIP No. 45772H202   Page 8 of 12 Pages

 

1

 

NAME OF REPORTING PERSON

I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)

 

Youth Properties, LLC

27-2901108

 

2

 

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

 

(a)

 

 
   

 

(b)

 

 

 

3

 

SEC USE ONLY

 

 

4

 

SOURCE OF FUNDS (SEE INSTRUCTIONS)

  WC

 

5

 

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR  2(e)

 

 

 

6

 

CITIZENSHIP OR PLACE OF ORGANIZATION

Oklahoma

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

 

7

 

SOLE VOTING POWER

  60,000 shares

 

8

 

SHARED VOTING POWER

  0 shares

 

9

 

SOLE DISPOSITIVE POWER

  60,000 shares

 

10

 

SHARED DISPOSITIVE POWER

  0 shares

 

11

 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

60,000 shares

 

12

 

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE(SEE INSTRUCTIONS)

 

 
  (SEE INSTRUCTIONS)

 

13

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

  0.2%

 

14

 

TYPE OF REPORTING PERSON

  CO
                   

 

    

 

CUSIP No. 45772H202   Page 9 of 12 Pages

 

1

 

NAME OF REPORTING PERSON

I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)

 

Paratus Capital, LLC

46-0672795

 

2

 

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

 

(a)

 

 
   

 

(b)

 

 

 

3

 

SEC USE ONLY

 

 

4

 

SOURCE OF FUNDS (SEE INSTRUCTIONS)

  WC

 

5

 

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR  2(e)

 

 

 

6

 

CITIZENSHIP OR PLACE OF ORGANIZATION

Oklahoma

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

 

7

 

SOLE VOTING POWER

  45,820 shares

 

8

 

SHARED VOTING POWER

  0

 

9

 

SOLE DISPOSITIVE POWER

  45,820 shares

 

10

 

SHARED DISPOSITIVE POWER

  0 shares

 

11

 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

45,820 shares

 

12

 

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE(SEE INSTRUCTIONS)

 

 
  (SEE INSTRUCTIONS)

 

13

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

  0.1%

 

14

 

TYPE OF REPORTING PERSON

 

PN

 

                   

 

    

 

Page 10 of 12

 

EXPLANATORY NOTE

 

This Amendment No. 9 to Schedule 13D (“Amendment No. 9”) amends and supplements the prior statement on Schedule 13D (the “Schedule 13D”) as filed on May 4, 2017, amended on July 19, 2017 (“Amendment No. 2”), further amended on July 27, 2017 (“Amendment No. 3”), further amended on January 2, 2018 (“Amendment No. 4”), further amended on May 24, 2018 (“Amendment No. 5”), further amended on January 8, 2019 (“Amendment No. 6”), further amended on January 10, 2020 (“Amendment No. 7”), and further amended on March 25, 2020 (“Amendment No. 8”). This amendment is being filed by (i) Denver J. Smith, (ii) CRC Founders Fund, LP (iii) Donald E. Smith, (iv) Richard G. Hill, (v) Samuel N. Jurrens, (vi) 73114 Investments, LLC, (vii) Youth Properties, LLC, and (viii) Paratus Capital, LLC who are collectively referred to as the “Reporting Persons”, related to shares of common stock of Innovative Food Holdings, Inc., a Florida Corporation (the “Issuer”), whose principal executive offices are located at 26411 Race Track Rd, Bonita Springs, FL 34135. Each item below amends and supplements the information disclosed under the corresponding item of the Schedule 13D, Amendment No. 2, Amendment No. 3, Amendment No. 4, Amendment No. 5, Amendment No. 6, Amendment No. 7, and Amendment No. 8. Except as indicated herein, the information set forth in the Schedule 13D remains unchanged in all material respects. Unless otherwise indicated, all capitalized terms used herein but not defined shall have the same meanings as set forth in the Schedule 13D.

 

This Amendment No. 9 is being filed to update the Reporting Persons beneficial ownership in securities of the Issuer.

 

Item 1.Security and Issuer.

 

There are no amendments to Item 1 of the Schedule 13D pursuant to this Amendment No. 9.

 

Item 2.Identity and Background.

 

There are no amendments to Item 2 of the Schedule 13D pursuant to this Amendment No. 9.

 

Item 3.Source and Amount of Funds or Other Consideration.

 

There are no amendments to Item 3 of the Schedule 13D pursuant to this Amendment No. 9. 

 

Item 4.Purpose of Transaction.

 

There are no amendments to Item 4 of the Schedule 13D pursuant to this Amendment No. 9.

 

Item 5.Interest in Securities of the Issuer.

 

Item 5 of the Schedule 13D is hereby amended to read in its entirety as follows:

 

(a)

Please reference pages 2 through 9 of this filing for this information as it pertains to individuals that are part of the filing group. The Reporting Persons, acting collectively as a group, have beneficial ownership of 2,774,620 shares, or 7.9% of the common shares outstanding of the Issuer based on 35,053,645 shares outstanding as given on the first page of the most recently filed 10-Q.

 

(b)Please reference pages 2 through 9 of this filing for this information.

 

(c)

A list of all transactions in shares of the issuer over the past 60 days has been attached to this Amendment No. 9 as Exhibit A.

 

(d)Not applicable.

 

(e)Not applicable.

 

Item 6.Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer.

 

Not applicable

 

Item 7.Material to be Filed as Exhibits

 

The following has been attached: Exhibit A is a list of all transactions in the Issuer’s securities over the last 60 days made by the Reporting persons.

 

    

 

Page 11 of 12

 

Signatures

 

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

 

 

Dated: Jan 11, 2021 /s/ Richard G. Hill 
   Richard G. Hill 
   
   
Dated: Jan 11, 2021 /s/ Samuel N. Jurrens
  Samuel N. Jurrens
   
   
Dated: Jan 11, 2021 /s/ Donald E. Smith
  Donald E. Smith
   
   
Dated: Jan 11, 2021 /s/ Denver J. Smith
  Denver J. Smith
   
   
Dated: Jan 11, 2021 Paratus Capital, LLC
     
  By:  /s/ Denver J. Smith
  Name:  Denver J. Smith
  Title:    Chief Strategy Officer
   
   
Dated: Jan 11, 2021 73114 Investments, LLC
   
  By: /s/ Denver J. Smith
  Name:  Denver J. Smith
  Title:    Chief Investment Officer
   
   
Dated: Jan 11, 2021 Youth Properties, LLC
   
  By: /s/ Donald E. Smith
  Name:  Donald E. Smith
  Title:    Chief Executive Officer
   
   
Dated: Jan 11, 2021 CRC Founders Fund, LP
   
  By: /s/ Denver J. Smith
  Name:  Denver J. Smith
  Title:    Lead Manager

 

    

 

Page 12 of 12

 

EXHIBIT A

Transactions In Shares Of The Issuer Within The Last 60 Days

 

There have not been any transactions in shares of the issuer within the last 60 days.