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iFresh Inc
239 54th Ave
Phone: (646) 912-8918p:646 912-8918 LONG ISLAND CITY, NY  11101-5922  United States Ticker: IFMKIFMK
Placed under Receivership on 9/6/2022
On 9/6/2022, Ifresh, Inc., New York Mart 8 Ave., Inc., New York Mart East Broadway Inc., New York Supermarket East Broadway Inc., New York Mart Group Inc., Ming's Supermarket, Inc., New York Mart Mott St., Inc., New York Mart Roosevelt, Inc., New York Mart Sunrise, Inc., Zen Mkt Quincy, Inc., Strong America Limited, Ifresh E. Colonial Inc., Ifresh Glen Cove Inc., Ifresh Bellaire, Inc., New York Mart Ave U 2nd Inc., New York Mart CT, Inc., New York Mart N. Miami Inc., and Nym Milford, LLC were placed in Receivership.
Cynthia Romano of CohnReznick LLP was appointed as the Receiver to take exclusive custody, control, and management of the Receivership Assets.
Business Summary
iFresh Inc. (iFresh) is an Asian/Chinese supermarket chain with multiple retail locations. iFresh offers seafood, vegetables, meat, fruit, frozen goods, groceries, and bakery products through its retail stores. iFresh operates with approximately 12 supermarkets across New York, Boston, Florida and Connecticut. In New York, the Company’s supermarkets include New York Supermarket East Broadway, Inc., New York Mart Mott ST., Inc., New York Roosevelt, Inc. (online exclusive), New York Mart 8 Ave, Inc., Ming's Supermarket, Inc., Zen Mkt Quincy, Inc., New York Mart Sunrise, Inc., iFresh e. Colonial, Inc, iFresh Glen Cove, Inc., New York Mart CT, Inc. and New York Mart North Miami, Inc. In Boston, the Company’s supermarkets include Ming's Supermarket, Inc. and Zen Mkt Quincy, Inc. In Florida, the Company’s supermarkets include New York Mart Sunrise, Inc., iFresh E. Colonial, Inc. and New York Mart North Miami, Inc. In Connecticut, the Company has New York Mart CT, Inc.
(Source: 10-K405)

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
-Yes-Yes---

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
12/31/20203/31/2020YesYes-YesYes

Industries
SIC Code Description
5411 Grocery stores

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Chairman of the Board, Co-Chief Executive Officer, Chief Operating Officer PingZhou 45 12/7/2022 8/11/2020
Co-Chief Executive Officer, Director WenbinMu 50 12/7/2022 8/16/2022
Chief Financial Officer, Director SufenQin 35 8/2/2022 8/2/2022
Independent Director Man Y.Chan 52 8/8/2022 8/8/2022
Independent Director QiangOu 35 1/12/2021 1/12/2021

Subsidiaries
Business Name Address City State/Province Country
NYM Holding, Inc. United States
E-Compass Acquisition Corp Twr 6F, NO. 5 Guanghualu BEIJING BEJ China
Ifresh E. Colonial Inc. 2415 E Colonial Dr Orlando FL United States
10 additional Subsidiary records available in full report.

Business Names
Business Name
IFMK
Ifresh Bellaire, Inc.
Ifresh E. Colonial Inc.
15 additional Business Names available in full report.

General Information
Number of Employees: 276 (As of 3/31/2020)
Outstanding Shares: 96,273,437 (As of 8/5/2022)
Shareholders: 122
Stock Exchange: OTC


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Friday, November 22, 2024