INNOVATIVE FOOD HOLDINGS, INC.
|
(Name of Issuer)
COMMON STOCK
|
(Title of Class of Securities)
|
45772H202
|
(CUSIP Number)
|
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
|
05/18/18
|
(Date of Event which Requires
Filing of this Statement)
|
CUSIP No.
|
45772H202
|
Page 2 of 14 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
|
|||||||
772,679 shares
|
|||||||||
8
|
SHARED VOTING POWER
|
||||||||
929,124 shares
|
|||||||||
9
|
SOLE DISPOSITIVE POWER
|
||||||||
772,679 shares
|
|||||||||
10
|
SHARED DISPOSITIVE POWER
|
||||||||
929,124 shares
|
|||||||||
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
||||||||
1,701,803 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)
|
||||||||
5.0%
|
|||||||||
14
|
TYPE OF REPORTING PERSON
|
||||||||
IN
|
CUSIP No.
|
45772H202
|
Page 3 of 14 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
|
|||||||
78,500 shares
|
|||||||||
8
|
SHARED VOTING POWER
|
||||||||
0
|
|||||||||
9
|
SOLE DISPOSITIVE POWER
|
||||||||
78,500 shares
|
|||||||||
10
|
SHARED DISPOSITIVE POWER
|
||||||||
0
|
|||||||||
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
||||||||
78,500 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
|
||||||||
PN
|
CUSIP No.
|
45772H202
|
Page 4 of 14 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)
|
||||||||
2.5%
|
|||||||||
14
|
TYPE OF REPORTING PERSON
|
||||||||
IN
|
CUSIP No.
|
45772H202
|
Page 5 of 14 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)
|
||||||||
0.3%
|
|||||||||
14
|
TYPE OF REPORTING PERSON
|
||||||||
IN
|
CUSIP No.
|
45772H202
|
Page 6 of 14 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
|
||||||||
78,500 shares
|
|||||||||
9
|
SOLE DISPOSITIVE POWER
|
||||||||
51,349 shares
|
|||||||||
10
|
SHARED DISPOSITIVE POWER
|
||||||||
78,500 shares
|
|||||||||
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
||||||||
129,849 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)
|
||||||||
0.4%
|
|||||||||
14
|
TYPE OF REPORTING PERSON
|
||||||||
IA, IN
|
CUSIP No.
|
45772H202
|
Page 7 of 14 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)
|
||||||||
2.2%
|
|||||||||
14
|
TYPE OF REPORTING PERSON
|
||||||||
CO
|
CUSIP No.
|
45772H202
|
Page 8 of 14 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 14 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
|
Item 1. |
Security and Issuer.
|
Item 2. |
Identity and Background.
|
Item 3. |
Source and Amount of Funds or Other Consideration.
|
Item 4. |
Purpose of Transaction.
|
Item 5. |
Interest in Securities of the Issuer.
|
(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 1,818,452 shares, or 5.38% of the common shares outstanding of the Issuer based on 33,805,106 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. 5 as Exhibit B.
|
(d) |
Not applicable.
|
(e) |
Not applicable.
|
Item 6. |
Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer.
|
Item 7. |
Material to be Filed as Exhibits.
|
Dated: May 23, 2018
|
/s/ Richard G. Hill
|
|
|
Richard G. Hill
|
|
Dated: May 23, 2018
|
/s/ Samuel N. Jurrens
|
|
|
Samuel N. Jurrens
|
|
Dated: May 23, 2018
|
/s/ Donald E. Smith
|
|
|
Donald E. Smith
|
|
Dated: May 23, 2018
|
/s/ Denver J. Smith
|
|
|
Denver J. Smith
|
|
Dated: May 23, 2018
|
Paratus Capital, LLC
|
|
|
|
|
|
By:
|
/s/ Denver J. Smith
|
|
Name: Denver J. Smith
|
|
|
Title: Chief Strategy Officer
|
|
Dated: May 23, 2018
|
73114 Investments, LLC
|
|
By:
|
/s/ Denver J. Smith
|
|
Name: Denver J. Smith
|
||
Title: Chief Investment Officer | ||
Dated: May 23, 2018
|
Youth Properties, LLC
|
|
By:
|
/s/ Donald E. Smith
|
|
Name: Donald E. Smith | ||
Title: Chief Executive Officer | ||
Dated: May 23, 2018
|
CRC Founders Fund, LP
|
|
By:
|
/s/ Denver J. Smith
|
|
Name: Denver J. Smith
|
||
Title: Lead Manager
|
Dated: May 23, 2018
|
/s/ Richard G. Hill
|
|
|
Richard G. Hill
|
|
Dated: May 23, 2018
|
/s/ Samuel N. Jurrens
|
|
|
Samuel N. Jurrens
|
|
Dated: May 23, 2018
|
/s/ Donald E. Smith
|
|
|
Donald E. Smith
|
|
Dated: May 23, 2018
|
/s/ Denver J. Smith
|
|
|
Denver J. Smith
|
|
Dated: May 23, 2018
|
Paratus Capital, LLC
|
|
|
|
|
|
By:
|
/s/ Denver J. Smith
|
|
Name: Denver J. Smith
|
|
|
Title: Chief Strategy Officer
|
|
Dated: May 23, 2018
|
73114 Investments, LLC
|
|
By:
|
/s/ Denver J. Smith
|
|
Name: Denver J. Smith
|
||
Title: Chief Investment Officer | ||
Dated: May 23, 2018
|
Youth Properties, LLC
|
|
By:
|
/s/ Donald E. Smith
|
|
Name: Donald E. Smith | ||
Title: Chief Executive Officer | ||
Dated: May 23, 2018
|
CRC Founders Fund, LP
|
|
By:
|
/s/ Denver J. Smith
|
|
Name: Denver J. Smith
|
||
Title: Lead Manager
|
Group Member
|
Action
|
Date
|
Quantity
|
Avg. Price Per Share
|
CRC Founders Fund
|
Open Market Purchase
|
5/18/18
|
40,000
|
$0.82
|
CRC Founders Fund
|
Open Market Purchase
|
5/22/18
|
15,000
|
$0.80
|
CRC Founders Fund
|
Open Market Purchase
|
5/23/18
|
23,500
|
$0.79
|