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Can someone fill me in or direct me to a post that describes the $600K deposit on a machine that will manufacture Insultex that has been on order since 2015?
I get it that they delayed the machine delivery due to the government lawsuit but who is Ketut Jaya? Or is that a company?
A lot of money tied up in a machine that hasn’t been delivered nor does there seem to be a delivery date yet.
Maybe someone can explain to me how a microcap company with less than 40 million shares outstanding can have a bad share structure. 40 million is awesome. 400 million seems more common.
IVDN has one of the best share structures you will find anywhere on the OTC today. Anyone can see this at the OTC Markets site here: https://www.otcmarkets.com/stock/IVDN/security
Only 37.9 million outstanding shares in total, with a public float of only 16.6 million. And, of these shares, IVDN management owns over 8 million.
Most OTC stocks in the IVDN price range have 500 million or more shares outstanding and correspondingly high floats. Keeping the share structure small and very manageable is one of the best things that IVDN management has done over the past years to ensure that investor value is preserved and well positioned for future appreciation.
Forget the “low float”…those restricted shares could come loose any at time and do even more damage to this stock price.
As of April 22, 2024, there were 37,924,003 shares of the Registrant’s common stock, par value $.0001 per share, outstanding.
Where is the surge upward in NET REVENUES, that is all that matters!
$IVDN Recent NEWS: Innovative Designs Vendor Growth https://www.wsj.com/articles/innovative-designs-vendor-growth-14d71d70?reflink=mw_share_twitter
Every day it is the same thing with this company’s stock and the reason is because of the ongoing longtime history here, low float and outstanding company share count included, that is why there are many days it does not trade and when it does it has not be able to break out from that longtime now downward spiral, Truth is, really no one wants to currently gamble with this one, not until and if something in the way of real serious revenues do ever start to come in. Meanwhile we have longtime become just a repetitive go nowhere company, in it’s history making $.40 to the still current $.15 to $.17 stock price area. Sad, a good product needing a very strong management team, not just a few folks struggling to keep a company alive.
$IVDN: Our Insultex House Wrap (TM) can make a real contribution to carbon reduction with an R-6 Rating, unmatched by any competitive product. Patented evacuated cell design. Better Insulation = Less demand from carbon emitting energy suppliers. Visit: http://insultexhousewrap.com
$IVDN: Our Insultex House Wrap (TM) can make a real contribution to carbon reduction with an R-6 Rating, unmatched by any competitive product. Patented evacuated cell design. Better Insulation = Less demand from carbon emitting energy suppliers. Visit: https://t.co/LWNDwJcXDh pic.twitter.com/UFm4aZ7fvV
— Innovative Designs, Inc (Stock: $IVDN) (@riccelli_joseph) April 30, 2024
REAL investors will not invest in our CEO even though he controls this revolutionary product. Even at 20 cents a share. REAL investors look at the our CEO's track record and run far away from IVDN. There has been no REAL investment in IVDN in many years.
$IVDN is now starting to see accelerating sales success as word is spreading. With a low float of 16 million, IVDN is on track for a record sales and revenue growth year in 2024. IVDN management is making steady progress to grow market share and also protect the very valuable patent rights of its unique Insultex product line which is the only evacuated cell insulation on the market with energy saving performance that no competitor can match. http://www.insultexhousewrap.com
Excellent reference article, well worth the read for real investors. Lindus Construction has also posted an extremely positive review and endorsement of the IVDN Insultex House Wrap product on their own company website.
See the Lindus website with their commentary here: https://lindusconstruction.com/blog/insultex-house-wrap-future-home-weatherization/
IVDN clearly has the best house wrap product available today and with its patented evacuated cell design, no competitor can match it for energy saving performance and other important advantages.
Going along as always here, yet nothing reported to the SEC in the way of a surge in serious revenues. May 5, 2024, has our investment into IVDN’s stock shown any real serious profit since that law suit was won by IVDN, will it, it legally gets more questionable as the months pass by. MOO
Oh look. Income down, expenses, up, and our shares have been diluted by another 2M shares issued.
At this rate, even if the company does become wildly profitable, the true investors will own so little of the company that our shares won't be worth anything.
$IVDN One of the best company reviews here from July 2023 on Insultex House Wrap. "Insultex House Wrap Pairs Water Resistance With Thermal Performance" https://www.residentialproductsonline.com/insultex-house-wrap-pairs-water-resistance-thermal-performance #OTCQB
$IVDN: Remodel with our R-6 Rated Insultex House Wrap (TM) that outperforms all competitive products for energy efficiency savings. A patented evacuated cell design makes this possible. Plus, we add a moisture barrier. Visit: http://insultexhousewrap.com #insulation
$IVDN: Remodel with our R-6 Rated Insultex House Wrap (TM) that outperforms all competitive products for energy efficiency savings. A patented evacuated cell design makes this possible. Plus, we add a moisture barrier. Visit: https://t.co/7DxiK13HDH #insulation pic.twitter.com/q5JH7xr4WX
— Innovative Designs, Inc (Stock: $IVDN) (@riccelli_joseph) May 3, 2024
Searay, Not much to cheer about. We are still stuck with our idiot CEO.
There is one positive in the financials;
The new quality control testing equipment for our House Wrap Product line has been built. We have reached an agreement with the vendor on the final amount owed. The total cost of the equipment was approximately $114,000. We expect to accept delivery of the equipment when our testing lab has secured a new testing facility. Once the equipment is installed it will have to go through a certification process. Once the testing equipment is certified, we intend to begin the process of having Insultex certified by ICC Evaluation Services, LLC (“ICC-ES”). ICC-ES certifies, among other items, building materials and products of which our House Wrap falls under. The reason we need to have ICC-ES certification is that we believe in order to get large orders for House Wrap, ICC-ES certification will be required. The other component part of the House Wrap produced by a third party is ICC-Es certified. Getting ICC-ES certification is costly and time consuming.
I guess Insultex is at least 1 year away from being certified by ICC-ES, if Insultex can meet the requirements. That is why they do tests.
$IVDN: Our R-6 Rated Insultex House Wrap (TM) meets or exceeds the standards in new building codes taking effect in 2024. A patented evacuated cell design outperforms all competitive products for energy efficiency. Plus, we add a moisture barrier. Visit: http://insultexhousewrap.com
$IVDN: Our R-6 Rated Insultex House Wrap (TM) meets or exceeds the standards in new building codes taking effect in 2024. A patented evacuated cell design outperforms all competitive products for energy efficiency. Plus, we add a moisture barrier. Visit: https://t.co/LWNDwJcXDh https://t.co/cpzRpf93uy pic.twitter.com/lVTRv8wUXY
— Innovative Designs, Inc (Stock: $IVDN) (@riccelli_joseph) May 1, 2024
berigud, thank you for your thoughtfulness, after being here for so long, my being quiet for years with all the repetitiveness that has taken place here, I am now more confused than ever, I am grasping at any and all things said from this company and this board. We have yet to have seen any legally proven real meaningful serious revenue change here, not just %’s but after so many years but a legally reported to The Sec of areal surge upward in net revenues.
Right as usual, greendolphin. IVDN is now on countdown to posting record revenue growth in the next financial report coming up. New customers are discovering the superiority of Insultex House Wrap and buying the product in steadily increasing amounts. This is called business success.
----------------------------------------------------------------------------------------------------------------------
PITTSBURGH, PA, April 10, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire -- Innovative Designs, Inc. (OTCQB: IVDN) continues to gain market share through its growing vendor base. Since the beginning of this fiscal year (November 1, 2023), Innovative Designs has added over 30 new accounts that have purchased its Insultex House Wrap®. This has resulted in a comp sales increase of 318% as compared to the same time period last year (November 2022 – April 2023). With 7 months remaining in FY2024, sales for the first 5 months are approaching 88% of last year's total.
Randy Kimbler, a National Distributor of Insultex, commented, “The introduction of Insultex® House Wrap to several major building supply companies has been very well-received. The product is being placed in the retail locations of these organizations, as well as many local building supply companies. The R-6 insulation value provided by this very thin product has proven to be an affordable solution for builders facing economic challenges in states where energy codes require R-5 Continuous insulation for new construction.”
About Innovative Designs, Inc.
Innovative Designs, Inc. manufactures the Insultex® House Wrap and Arctic Armor® Line, under the "i.d.i.gear" label featuring INSULTEX®. Patented INSULTEX® is the thinnest, lightest and warmest insulator in the market today. For more information, please visit http://www.idigear.com or http://www.insultexhousewrap.com.
Disclaimer
Certain statements in this press release constitute "forward-looking" statements as defined by federal law. Such statements are based on assumptions, but there is no assurance that actual outcomes will not be materially different as those implied. Any such statements are made in reliance on the "Safe Harbor" protections provided under the Private Securities Reform Act of 1995 and are subject to various factors, including the risks and matters discussed in the Company's SEC filings available at http://www.sec.gov.
CONTACT:
Innovative Designs, Inc.
Joseph Riccelli, CEO
412-799-0350
joer@idigear.com
Website: http://www.insultexhousewrap.com
Link: https://finance.yahoo.com/news/innovative-designs-vendor-growth-173800119.html
GD, be nice. All Searay did was read the financials.
Press Releases from Pittsburgh usually are BS. I have been reading them for years and years.
The only thing that matters are the financials and stock price.
Jedi, that is not true.
IVDN purchases the raw material to make Insultex from Asia, then contract with others to produce house wrap. IVDN produces nothing (yet).
GD, I think I understand.
Our CEO puts out a press release or twitter post, the crack marketing team reposts them here. The 2 of them sing the glory of the tweets. Then the crack marketing team puke them up again and again. Then there is a new tweet, and the cycle starts again.
Reality sets in, the financials come out and the stock price falls.
Here is what I don't understand, GD. Why are you here? Is it to remain a loyal believer in your friend Joe? Is it to make money on your investment?
Most of the others posters I got pegged. I can't figure you out.
What happens if I am wrong?
We can't be any worse off than we are. $400K is not a lot of money in the billion dollar insulation market. You can't buy an average house for that.
How much house wrap did DuPont sell last quarter? MILLIONS of dollars in product.
BTW, those sales happened while our CEO was incapacitated. Joe Riccelli did not complete those sales.
If we replace our CEO, then up to $10,000,000 new investment.comes in. The company can finally grow. We can fix the testing machine that our CEO let fall into almost total disrepair and get certification., we can finish installing the equipment purchased a decade ago to actually manufacture insultex in the USA, we can actually market and advertise insultex, give our distributors POS materials to help sell insultex, promote at trade shows around the world, and PAY a high powered sales team to move truckloads of product a week.
Keep our CEO and we muddle along looking with little sales and a penny stock. That is Riccelli's performance record. It is a record of bad decision making and total mis-management
Greendolphin, one thing we can agree upon, with our CEO's EXTREMELY POOR HEALTH at age 75 (avg life expectancy for a white American male) , shareholders won't have to wait much longer before we have a new CEO. Joe should concentrate on Joe and let go of the day to day running of the company
Dont you read PRs, jerk?
The last one CLEARLY states...
...with 7 months left in the fiscal year, IVDN has already booked revenues equal to 88% of all of last years revenue.
Why dont you crawl back under your rock?
Try to imagine how BAD you will look when Q2 report comes out in 6 weeks!
Muah ha ha
The first quarter of IVDN’s current business year was supposed to have been a little better than the same quarter in 2023, but as we can see, the trend in revenues here was still down again. Reality stares us in the face with IVDN every day when it trades. The Going Concern Section in IVDN’s report really means something here, believe nothing but only what is reported to The Sec and nothing else, not until and only if things are really legally reported to The Sec. MOO
$IVDN Innovative Designs, Inc. manufactures the Insultex(R) House Wrap http://www.insultexhousewrap.com.
The IVDN of the past is no more. The company is growing as additional distributors indicate. 2024 is going to be an excellent year relative to past years, and 2025 should show significant growth.
People who matter are understanding the great value in IVDN Insultex now and that awareness is just getting started.
----------------------------------------------------------------------------------------------------------------------------------------
Randy Kimbler, a National Distributor of Insultex, commented, “The introduction of Insultex® House Wrap to several major building supply companies has been very well-received. The product is being placed in the retail locations of these organizations, as well as many local building supply companies. The R-6 insulation value provided by this very thin product has proven to be an affordable solution for builders facing economic challenges in states where energy codes require R-5 Continuous insulation for new construction.”
Link: https://finance.yahoo.com/news/innovative-designs-vendor-growth-173800119.html
What part dont they understand Scout?
What part dont they understand Scout?
IVDN Management has reported the company is already about to exceed all of last year's revenue even at this early point in 2024. This accelerating sales growth, coming from many new customer accounts, demonstrates that IVDN is nicely gaining market share as the superior benefits of Insultex are becoming more well known. This positive trend should only continue in 2024, especially with the new building codes going into effect this year which Insultex meets and many competitors do not.
PITTSBURGH, PA, April 10, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire -- Innovative Designs, Inc. (OTCQB: IVDN) continues to gain market share through its growing vendor base. Since the beginning of this fiscal year (November 1, 2023), Innovative Designs has added over 30 new accounts that have purchased its Insultex House Wrap®. This has resulted in a comp sales increase of 318% as compared to the same time period last year (November 2022 – April 2023). With 7 months remaining in FY2024, sales for the first 5 months are approaching 88% of last year's total.
News Link: https://finance.yahoo.com/news/innovative-designs-vendor-growth-173800119.html
1st HALF as big as all last year
1st HALF as big as all last year
Today ends another month gone, the sixth gone so far this year in IVDN’s operational year, is there anything in the way of a significant difference in Revenues here, no, have we legally seen what has been shipped out to customers already, no. This has been nothing but a loosing position for the regular shareholder’s here for way too long and legally shows no signs of changing really that much unless management buys a few big winning Lottery Tickets,and we all know that that is not going to happen. What is really new here is that the bait has changed a little here., The Chart on IVDN does not lie, it is A LEGAL FACT! MOO
IVDN is on track for a record sales and revenue growth year in 2024, as detailed in official company news below. IVDN management is clearly making strong and steady progress to grow market share and also protect the very valuable patent rights of its unique Insultex product line which is the only evacuated cell insulation on the market with energy saving performance that no competitor can match.
IVDN is now starting to see accelerating sales success as word is spreading about Insultex House Wrap as described on the dedicated website at http://www.insultexhousewrap.com. Add to this advantage, the fact that the IVDN product meets or exceeds new building codes going into effect this year requiring continuous insulation while competitors are failing this critical criteria.
Real facts for real investors are all here:
Innovative Designs Vendor Growth
April 10, 2024
https://finance.yahoo.com/news/innovative-designs-vendor-growth-174255528.html
World International Patent Organization (WIPO) Application Accepted on Superior Insulation Advancement to Maximize Global Marketing Opportunities for Innovative Designs, Inc.
Dec. 27, 2023
https://www.newmediawire.com/news/world-international-patent-organization-wipo-application-accepted-on-superior-insulation-advancement-to-maximize-global-marketing-opportunities-for-innovative-designs-inc-7071640
LIG Assets, Inc. Announces Agreement With Insultex House Wrap
October 30, 2023
https://www.globenewswire.com/en/news-release/2023/10/30/2769422/0/en/LIG-Assets-Inc-Announces-Agreement-With-Insultex-House-Wrap.html
Innovative Designs Inc. Receiving Orders From Numerous New Client Accounts for Top Performing Insultex House Wrap With Unmatched R-6 Insulation Value
October 26, 2023
https://www.globenewswire.com/news-release/2023/10/26/2767843/0/en/Innovative-Designs-Inc-Receiving-Orders-From-Numerous-New-Client-Accounts-for-Top-Performing-Insultex-House-Wrap-With-Unmatched-R-6-Insulation-Value.html
Innovative Designs Adds New Accounts
October 2, 2023
https://www.globenewswire.com/news-release/2023/10/02/2752606/0/en/Innovative-Designs-Adds-New-Accounts.html
GD, here is the bottom line. There will be over 1,000,000 residential units built in 2024. Insultex will be used in less 1% (10,000) of those units. I would guess maybe half of that. Let's not forget the commercial buildings that Insultex will not be used in their construction.
Just like 2022 and 2023. 2024 will not be much better. The current quarters sales will be terrible.
Builders will and have used other products. Why? Lots of reasons. #1, because we can not supply them with product today (still waiting on the boat from Asia). Because Insultex is not ICC certified. Because Insultex is too costly. Because our company is/has been totally mismanaged the last 3 years. Because potential buyers don't like to work with our CEO.
If Lindus wanted to purchase insultex for 5000 homes delivered in 30 days, our CEO is not able to supply it.
The construction industry does not need Insultex. There are plenty of other insulation products on the market that will be used in those 1,000,000 new homes.
Our CEO has got to go. Our 4 Directors need to go to JAIL for taking free stock and failing to protect investors.
With a new BOD and new CEO, IVDN will see million of dollars of new investment immediately. Then we can become a real company, not the joke we are.
Fire Joe (or he meets his maker) and we are $1 a share. GD, don't you want your investment to go up 5 times instantly?
GD, you have been a shareholder for 15+ years. How is your investment doing? It is a loser for you. How much money are you down? Why do you support our IDIOT, INCOMPETENT, CEO?
GD, we have a great product and poor management. Get off the Riccelli bandwagon. Only then will the company grow.
Right again, greendolphin. The IVDN Insulex product is now being recognized as the unequaled top performance choice for home builders and remodelers. This is also due to the fact that Insultex is meeting or exceeding requirements in new US building codes, taking effect in 2024, that require continuous insulation, a key issue where competitive products are failing.
$IVDN: Our patented Insultex House Wrap (TM) meets or exceeds new building codes taking effect in 2024 that require continuous insulation for greater energy efficiency. It provides an unmatched R-6 Rating via a unique evacuated cell design. Visit: https://t.co/LWNDwJcXDh https://t.co/ovQzzaFfkv pic.twitter.com/OzMJYqx9uz
— Innovative Designs, Inc (Stock: $IVDN) (@riccelli_joseph) April 4, 2024
$IVDN: Our patented Insultex House Wrap (TM) with an unmatched R-6 Rating is an ideal solution to meet new building codes requiring continuous insulation and higher thermal performance. A unique evacuated cell design makes this possible. Visit: https://t.co/7DxiK13HDH #Insulation https://t.co/xbs34YQZEw
— Innovative Designs, Inc (Stock: $IVDN) (@riccelli_joseph) March 7, 2024
Thermowrap is useless crap
They claim to have an R5 rating
Unfortunately, in the fine print at the bottom of the specifications page, there is a disclaimer and i paraphrase...
"R5 value is based on 1.5" material thickness"
Got any others??
GD
Searay, there are plenty of other products on the market today that will do what insultex will do. Tyvek has Thermawrap.
They might not be as thin but that is not important to builders. Builders start with plans and build to the plans.
Here is the only issue. Our CEO has proven to be a terrible manager. He has made BAD decisions over the years, decisions that should have gotten him fired. 15+ years later, he has become a feeble, old man in poor health. The only reason he is our CEO is his ego keeps him in the seat.
There are MILLIONS of dollars on the sidelines waiting to invest in IVDN. Their problem is Joe Riccelli. They will not give him control of their money. He has to step away. Problem is that he won't. The BOD won't replace him. He will die in the CEO chair.
And now, a commercial from the IVDN marketing dept. (Profit, Jedi)
Insultex House Wrap® can provide an unmatched R-6 rating because of our unique and patented vacuum cell structure design. No other product on the market today offers a vacuum cell structure. It has been proven that a vacuum is the best thermal insulation and Insultex® incorporates countless evacuated cells. Our newly updated website explains the scientific principles in detail along with graphic visual aids. Insultex® also provides a moisture barrier and other key benefits that make it simply the best insulation choice for all home builders and home remodelers in projects of any size.
The Insultex House Wrap ® website may be visited at http://www.insultexhousewrap.com. In response to the rising customer interest, the website now includes a new e-Commerce section where orders for the product may be placed directly online for orders of less than 5 rolls.
LINK:
https://www.globenewswire.com/news-release/2023/10/26/2767843/0/en/Innovative-Designs-Inc-Receiving-Orders-From-Numerous-New-Client-Accounts-for-Top-Performing-Insultex-House-Wrap-With-Unmatched-R-6-Insulation-Value.html
berjgud, you are right in that, other major companies are not going to let IVDN, a very small company get to much of a share of business in this market, not for long, that we can pretty much count on. This may be of interest to all here, Huberwoods’s of N.C. USA has a Zip System plus they also have other products already, all that cover a wide range from R-3 to R-12 in new building construction plus a variety of other products in the construction field and they can supply large quantities at any given time through supply houses around this Country already carrying their products.. Yes, IVDN may get more orders than years past, but, The majors’ in this field are not going to let IVDN penetrate too deeply into this field of business. MOO. Everyone must do their own deep research to come with their own decisions.
Innovative Designs, Inc. CEO Joseph Riccelli said, “Word is starting to spread about the availability of Insultex House Wrap® which is the only insulated house wrap product on the market today. As more home builders and home remodelers learn of this game-changing advancement, they are coming to us with new orders in growing numbers. Because we have been working diligently over the past several months to ramp up our order fulfillment capability, Innovative Designs is ready to handle increasing order levels at this time with plans underway for even further manufacturing capacity enhancement. We project this unparalleled product to gain substantially more market share going forward.”
LINK:
https://www.globenewswire.com/news-release/2023/10/26/2767843/0/en/Innovative-Designs-Inc-Receiving-Orders-From-Numerous-New-Client-Accounts-for-Top-Performing-Insultex-House-Wrap-With-Unmatched-R-6-Insulation-Value.html
WOW, somebody threw $2600 on the roulette table. A real investor. Now IVDN can pay the rent and electric bill.
Today is IVDN time. IVDN is totally unprepared to meet demand. The company has no money to purchase product, invest in equipment to produce product, is not ICC certified and is still managed by the same idiot. Or should I say totally MISMANAGED by our resident idiot CEO.
Meanwhile while we wait for the boat from Asia...........
Dow Corning, Kimberly Clark, and DuPont are spending millions of R&D dollars coming up with their new continuous insulation. With their labs, their scientists, they will come up with something NEW soon. That will make Insultex irrelevant.
$IVDN continues to gain market share through its growing vendor base. Since the beginning of this fiscal year (November 1, 2023), Innovative Designs has added over 30 new accounts that have purchased its Insultex House Wrap(R). This has resulted in a comp sales increase of 318% as compared to the same time period last year (November 2022 April 2023). With 7 months remaining in FY2024, sales for the first 5 months are approaching 88% of last year's total.
https://finance.yahoo.com/news/innovative-designs-vendor-growth-174255528.html
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https://lindusconstruction.com/blog/insultex-house-wrap-future-home-weatherization/
Lindus Construction is proud to announce our partnership with Insultex™ House Wrap®. Our C.O. O. Andy Lindus believes that Insultex™ House Wrap®
will allow us to continue revolutionizing our industry meeting the new standards for side wall laws.
Lindus Construction is the exclusive distributor in Minnesota, Wisconsin, Iowa & North Dakota.
----INNOVATIVE DESIGNS (IVDN) Markets INSULTEX HOUSE WRAP --- THE THINNEST INSULATED HOUSE WRAP WITH AN R-VALUE----
Insultex House Wrap ® is a closed-cell foam composite with superior drainage and R-Value.
This certified product meets or exceeds the competition in air and water resistance moisture vapor permeability and durability.
----Innovative Designs, Inc. (IVDN) offers the Arctic Armor™ Suit. Each Arctic Armor™ suit utilizes 3 layers of our exclusive thermal insulator Insultex® ----
One layer of Insultex® protects a person to sub-zero temperatures.
Insultex™ is the high performance alternative to other insulating products. Being pliable, thin, waterproof, and warm, manufacturers now choose to implement Insultex into their products because the insulation provides their products with the high performance without the bulk. Manufacturers may laminate, perforate, and sew Insultex™, making it an extremely versatile material.
Insultex’s™ new cellular structured low-density polyethylene features buoyancy, impermeability, and resistance to cold temperatures. Insultex™ is also incredibly lightweight; one square yard weighs .42 ounces. In addition to it’s waterproof and windproof capabilities, 8.8 ounces of fabric can provide flotation to a 287 pound person.
With all of these features combined into one easy to implement material, the applications for Insultex™ are virtually endless.
Insultex™ is a revolutionary structured cellular fabric that incorporates countless evacuated closed micro-cells that significantly reduce heat transfer through the fabric. Insultex™ is the newest thermal insulation on the market promising to revolutionize insulation as we know it from outerwear, tents, boots, sleeping bags, coolers and now house wrap, just to name a few.
Insultex™ House-Wrap® is a weatherization membrane that provides a protective layer under a home's outer covering and over the sheathing. Insultex® House-Wrap resists water and air infiltration, but allows moisture vapor to diffuse helping to prevent mildew and mold buildup, which could lead to the rotting of wood.
Conclusion:
The Insultex® House-Wrap product identified and evaluated in these tests has met all the property performance requirements contained in ICC-ES AC 38, Acceptance Criteria for Water-Resistive Barriers, Approved for a Grade C type material.
Read More about IVDN's House-Wrap:
http://www.insultexhousewrap.com/index.php
Media Coverage of Insultex House-Wrap:
https://www.youtube.com/watch?v=sLK-xJ6YivU
For company filings visit: http://www.otcmarkets.com/stock/IVDN/filings
COMPANY NEWS:
Innovative Designs Vendor Growth
April 10, 2024
https://finance.yahoo.com/news/innovative-designs-vendor-growth-174255528.html
World International Patent Organization (WIPO) Application Accepted on Superior Insulation Advancement to Maximize Global Marketing Opportunities for Innovative Designs, Inc.
Innovative Designs Receives Patent for Propriety Process With Low Density Foam
April 20, 2023
https://www.globenewswire.com/news-release/2023/04/20/2651420/0/en/Innovative-Designs-Receives-Patent-for-Propriety-Process-With-Low-Density-Foam.html
Innovative Designs Hires Marketing Agency
July 1, 2022
https://www.globenewswire.com/news-release/2022/07/01/2472814/0/en/Innovative-Designs-Hires-Marketing-Agency.html
Innovative Designs Adds New England Retailer
April 21, 2022
https://finance.yahoo.com/news/innovative-designs-adds-england-retailer-110000672.html?soc_src=social-sh&soc_trk=tw&tsrc=twtr
Innovative Designs Inc. Interview to Air on Bloomberg U.S. on the RedChip Money Report
March 3, 2022
https://finance.yahoo.com/news/innovative-designs-inc-interview-air-120000275.html?soc_src=social-sh&soc_trk=tw&tsrc=twtr
Innovative Designs Adds Board Member
February 25, 2022
https://finance.yahoo.com/news/innovative-designs-adds-board-member-120000109.html?fr=sycsrp_catchall ;
Innovative Designs Expands Pro Staff
January 12, 2022
https://finance.yahoo.com/news/innovative-designs-expands-pro-staff-120000792.html?soc_src=social-sh&soc_trk=tw&tsrc=twtr
Innovative Designs Common Stock Listed on OTCQB
December 14, 2021
https://finance.yahoo.com/news/innovative-designs-common-stock-listed-184800997.html
Innovative Designs Court Case Update
February 18, 2020
https://finance.yahoo.com/news/innovative-designs-court-case-120010842.html
Innovative Designs Expands R-6 Availability
June 10, 2015
http://finance.yahoo.com/news/innovative-designs-expands-r-6-165338469.html
Innovative Designs to Begin Domestic Production of Insultex
June 9, 2015
http://finance.yahoo.com/news/innovative-designs-begin-domestic-production-164117890.html
Innovative Designs Comparable Sales Increase
April 13, 2015
http://finance.yahoo.com/news/innovative-designs-comparable-sales-increase-110000192.html
Insultex House Wrap Midwest Distributor Growth
April 9, 2015
http://finance.yahoo.com/news/insultex-house-wrap-midwest-distributor-110000236.html
Insultex House Wrap Now Available to National Home Builders
February 18, 2015
http://finance.yahoo.com/news/insultex-house-wrap-now-available-121500058.html
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