Innovative Designs Inc (IVDN)

[ProfitScout]

The IVDN Q3 filing has now been made which reflects the surge in sales that was announced on August 2nd.
Filings Link: http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11600289

Innovative Designs 3rd Quarter Comp Sales Increase

PITTSBURGH, PA--(Marketwired - Aug 2, 2016) - Innovative Designs (OTCQB: IVDN) Inc. completed its 3rd quarter effective July 31, 2016, with significant comp sales increases for the months of May, June and July. Comp sales for the months of May and June both showed increases in excess of 50%. The month of July led all months with an increase of over 400%. The quarter showed an increase of over 200%. Innovative Designs CEO Joseph Riccelli commented, "Our third quarter numbers showed significant comp increases. Sales of our products skyrocketed in the month of July."

The Company

Innovative Designs Inc. manufactures the Insultex® House Wrap, Arctic Armor® Line, under the "i.d.i.gear" label featuring INSULTEX®. INSULTEX® is the thinnest, lightest and warmest insulator in the market today. For more information, please visit http://www.idigear.com orwww.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:
Joseph Riccelli
412-799-0350
[e-mail]

News Link: http://www.marketwired.com/press-release/innovative-designs-3rd-quarter-comp-sales-increase-otcqb-ivdn-2147060.htm