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$IVDN News: Innovative Designs, Inc. Fulfills Promise to IVDN Shareholders With Stock Upgrade to OTCQB
Company on Track for Best Year Ever With Record Homebuilding Industry Sales Growth Delivering Three Trailing Quarters of Profitability to Date
PITTSBURGH, PA - June 26, 2025 (NEWMEDIAWIRE) - Innovative Designs, Inc. (OTCQB: IVDN) is very pleased to announce that as of this date, the Company's IVDN shares have been upgraded to the OTCQB tier. Notice of this approval was officially received from the OTC Markets Group yesterday. This upgrade comes after months of diligent work to complete all of the required documentation and qualification criteria for the OTCQB listing as well as all necessary fees being paid in full.
With the OTCQB upgrade now complete and effective as of today, IVDN should be receiving increased coverage by more public stock trading sites and brokerage firms. Company management and representation will directly contact any sites or firms that do not immediately begin recognizing the upgraded status of IVDN to the OTCQB to ensure their proper response for the benefit of all our investors. Wider exposure of IVDN, with all of its recent news announcements and increasingly positive financial filings, is well warranted at this time as the Company is now delivering the strongest performance in its history with profitability achieved on the last three trailing fiscal quarters.
Steadily increasing demand for Innovative Designs Insultex House Wrap® is being driven by new government building codes requiring continuous insulation and exterior R-Value requirements. For new construction, our patented and unique evacuated cell Insultex House Wrap®, adds an R-6 moisture barrier membrane that does not need additional insulation boards or other support as with other products from competitors. This makes Insultex House Wrap®, the best overall insulation house wrap choice available on the market today. For full product specifications and details visit: http://www.insultexhousewrap.com.
Joseph A. Riccelli Jr., CEO of Innovative Designs, commented, "Since I took over as the Company CEO several months ago, it has been one of my high priorities to achieve the upgrading of our IVDN stock from the OTC Pink to the higher and much more recognized OTCQB tier. As I mentioned numerous times in my public comments, this was an important promise made to our shareholders that I was determined to keep so that their investment in our company could be better recognized for the value appreciation it deserves. Going forward, our management and operations team intends to do our very best to maintain all listing requirements, including timely financial reporting, to keep the upgraded status of IVDN shares in good standing. We also look forward to completing the Company's 2025 fiscal year as the best on record, by far. We encourage everyone to review and follow our IVDN news announcements and filings for all the details."
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.insultexhousewrap.com and http://www.idigear.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 A. Riccelli Jr., CEO
412-799-0350
Riccellijjr@insultexhousewrap.com
http://www.insultexhousewrap.com
Built Link Solutions, LLC
Randy Kimbler, Director of Business Development
616-443-3200
RandyK@BuiltLinkSolutions.com
View the original release on www.newmediawire.com
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$IVDN: The Company's fiscal second quarter financial report has been filed. Total Revenue for the first six months of fiscal 2025 was $1,340,285 vs. $366,217 in the same period of 2024. Net Income was $240,390 which continues three trailing quarters of profitability to date.
$IVDN: The Company's fiscal second quarter financial report has been filed. Total Revenue for the first six months of fiscal 2025 was $1,340,285 vs. $366,217 in the same period of 2024. Net Income was $240,390 which continues three trailing quarters of profitability to date.…
— Innovative Designs, Inc (Stock: $IVDN) (@riccelli_joseph) June 13, 2025
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$IVDN News: Innovative Designs Projects Over 150% Increase in Fiscal Second Quarter Sales Results vs Previous Year, Continuing Multiple Quarters of Profitability
Increasing Recognition of Superior and Patented Evacuated Cell Insulation as the Best Option in Homebuilding Driving Ongoing Record Sales
PITTSBURGH, PA - May 20, 2025 (NEWMEDIAWIRE) - Innovative Designs, Inc. (OTC Pink: IVDN) today is able to project its revenue growth for the fiscal second quarter of 2025, ending on April 30th, will exceed previous expectations and deliver over $750,000 (at least 150% increase over the fiscal 2nd quarter of 2024). This new milestone will continue the Company's profitability, which now spans the last three trailing quarters. For the first 6 months of fiscal 2025 IVDN sales revenue will have already approximately reached the total for all of fiscal 2024. Management expects to file a finalized financial report ahead of the June 15th SEC posting requirement.
Continued demand for Innovative Designs Insultex House Wrap(R) is being driven by new government building codes specifying continuous insulation and exterior R-Value requirements. For new construction, our patented and unique evacuated cell Insultex House Wrap(R), adds an R-6 moisture barrier membrane that does not need additional insulation boards or other support as with other products from competitors. This makes Insultex House Wrap(R), the best overall insulation house wrap choice available on the market today. For full product specifications and details visit: http://www.insultexhousewrap.com.
Randy Kimbler of Insultex(R) Distributor Built Link Solutions, LLC commented, "Due to the sharply increasing interest that the superior Insultex(R) solution is generating, we have recently expanded our marketing campaign into new states which include: Connecticut, Massachusetts, South Dakota, Montana and Maryland. We have also been increasing the size of our sales staff to meet the rising level of inquiries being receiving as the advantages of the Insultex(R) product line are becoming more recognized in the national homebuilding industry. There is no better option for insulation performance and cost effectiveness so we anticipate the market demand to continue to rise, going forward and we will be ready to respond."
Joseph A. Riccelli Jr., CEO of Innovative Designs, stated, "Insultex House Wrap(R) is taking its place as a product of choice by more and more homebuilders and remodelers. The continuing record results in our revenue growth clearly illustrate this trend. We expect to be filing our official fiscal second quarter financial report within the next 30 days with finalized numbers, but at this time, we can confidently project at least the record totals cited above which will put IVDN well on a path to its best year ever in 2025. To support this strong sales growth rate, we are still working to boost "Insultex House Wrap(R) production levels from our US-based facilities in Massachusetts and other locations. Additionally, we are anticipating having IVDN stock uplisted to the higher OTCQX tier in the near term as we have completed all steps necessary for this advancement."
About Innovative Designs, Inc.
Innovative Designs, Inc. manufactures the Insultex(R) House Wrap and Arctic Armor(R) Line, under the "i.d.i.gear" label featuring INSULTEX(R). Patented INSULTEX(R) is the thinnest, lightest and warmest insulator in the market today. For more information, please visit: http://www.insultexhousewrap.com and http://www.idigear.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 A. Riccelli Jr., CEO
412-799-0350
Riccellijjr@insultexhousewrap.com
http://www.insultexhousewrap.com
Built Link Solutions, LLC
Randy Kimbler, Director of Business Development
616-443-3200
RandyK@BuiltLinkSolutions.com
$ACGX News: Alliance Creative Group (ACGX) Releases 2025 Q1 Quarterly Report - Significantly Improved Balance Sheet & Reduced Debt
May 15, 2025
https://www.einpresswire.com/article/812558210/alliance-creative-group-acgx-releases-2025-q1-quarterly-report-significantly-improved-balance-sheet-reduced-debt
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Currently trading at just $0.01, the stock has a 52-week range from $0.0033 to $0.18, showing it has real potential for big moves. The company recently exited shell status and is now actively expanding operations.
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$IVDN: Over $1 Million in Revenue With Continued Profitability Projected in the First Half of 2025 for High Demand Product in the Homebuilding Sector from Innovative Designs, Inc. (IVDN)
IVDN's Leading Distributor, Built Link Solutions, is Delivering Increasing Order Flow for Superior Evacuated Cell Home Insulation Product
PITTSBURGH, PA - April 1, 2025 (NEWMEDIAWIRE) - Innovative Designs, Inc. (OTC Pink: IVDN) is now able to project that the company will hit another revenue growth milestone, reaching over $1 million in sales revenue for the first two quarters of its fiscal 2025 year which ends on April 30th. This successful trend is also projected to continue the Innovative Designs status as a profitable company which was achieved for the first time at the end of the 2024 fiscal year.
Sharply rising demand for the superior and patented Innovative Designs Insultex House Wrap®, is being fueled by new government building codes calling for continuous insulation and exterior R-Value requirements. For new construction, Insultex House Wrap®, adds an R-6 moisture barrier membrane that does not need additional insulation boards or other support as with other products from our competitors. This makes Insultex House Wrap®, the best overall insulation house wrap choice available on the market today. For full details be sure to visit: http://www.insultexhousewrap.com.
Much of the rapidly growing sales success Innovative Designs is now receiving can be credited to our leading Distributor, Built Link Solutions, LLC. As part of their active and very effective marketing program, the Built Link Solutions team has exhibited at multiple trade show events in the past months, presenting Insultex House Wrap® to a wide range of homebuilding professions and building materials suppliers at every level. Randy Kimbler of Built Link Solutions stated, "We are receiving daily calls and emails from builders and materials suppliers looking for a solution to the new R-5 Continuous Insulation requirement for many states. We can now resolve this increasingly important issue with Insultex House Wrap®".
Joseph A. Riccelli Jr., CEO of Innovative Designs, commented, "We have 2025 off to unprecedented growth in the entire history of our Company. We are extremely pleased with the escalating order flow for our superior performance vacuum cell Insultex House Wrap® product and, of course, must extend our acknowledgement to Built Link Solutions for becoming our leading product distributor. With about one month to go in our fiscal 2nd quarter we are now able to project reaching the impressive $1 million revenue tier for the first half of our fiscal 2025 year and continued profitability for the three trailing quarters. We can also project increased sales and revenue growth in the quarters ahead considering the strong customer response and market trends we see developing. To support this growth, we are moving forward with plans to step up manufacturing and shorten delivery times from our production facilities in Massachusetts and other locations. Everyone on our team is delivering the most positive results for Innovative Designs this year."
About Innovative Designs, Inc.
Innovative Designs, Inc. manufactures the Insultex® House Wrap and Arctic Armor® Line, under the "i.d.i.gear" label featuring INSULTEX®. Patented INSULTEX® is the thinnest, lightest and warmest insulator in the market today. For more information, please visit: http://www.insultexhousewrap.com and http://www.idigear.com
Disclaimer
Certain statements in this press release constitute "forward-looking" statements as defined by federal law. Such statements are based on assumptions, but there is no assurance that actual outcomes will not be materially different as those implied. Any such statements are made in reliance on the "Safe Harbor" protections provided under the Private Securities Reform Act of 1995 and are subject to various factors, including the risks and matters discussed in the Company's SEC filings available at http://www.sec.gov.
CONTACT:
Innovative Designs, Inc.
Joseph A. Riccelli Jr., CEO
412-799-0350
Riccellijjr@insultexhousewrap.com
http://www.insultexhousewrap.com
Built Link Solutions, LLC
Randy Kimbler, Director of Business Development
616-443-3200
RandyK@BuiltLinkSolutions.com
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$IVDN News: Innovative Designs, Inc. Fiscal First Quarter Results Deliver Over a 700% Increase In Comp Sales, Eclipsing All First Quarter Results by Largest Margin in Company History
Profitability Continues as Demand for Superior Evacuated Cell Home Insulation Expands Rapidly
PITTSBURGH, PA - March 24, 2025 (NEWMEDIAWIRE) - Innovative Designs, Inc. (OTC Pink: IVDN) is proud to report that in the Company’s 2025 fiscal first quarter, ended January 31st, sales revenues total an all-time record over $540,000 vs. $65,886 for the same period in the previous year. This represents a comp. increase of over 700%. The exact total will be included in the Company’s next financial filing with the SEC. These results will continue the Innovative Designs status as a profitable company which was achieved for the first time at the end of the 2024 fiscal year.
Strongly rising sales of Insultex House Wrap®, a patented and superior performance product of Innovative Designs, are responsible for most of the impressive revenue growth that the Company is now experiencing. Because of the sharp and continuing rise in demand for this unparalleled home insulation, Innovative Designs has been working to develop increased production capacity. At this time, we are pleased to report that our main production facility in Massachusetts has been able to substantially accelerate product output. We have also been researching and developing additional production facilities in other parts of the country and this additional production is now also beginning to add to our available supply. Because of these efforts we have made dramatic progress in filling our large backlog of orders for Insultex House Wrap® and cut our delivery times down from 6 or 8 weeks to much shorter periods. This improvement in delivery has pleased our existing and new customers to the extent that even faster order flow is coming to us as a result.
The surging demand for Insultex House Wrap®, is being sparked by new government building codes calling for continuous insulation and exterior R-Value requirements. Insultex House Wrap delivers its advantages thanks to its patented vacuum cell structure design. No other product on the market today offers a vacuum cell structure. A vacuum is the best thermal insulation possible and only Insultex® incorporates countless evacuated cells. Insultex® also provides a moisture barrier and other key benefits. The result is a substantial reachedr new construction, adding an R-6 moisture barrier membrane that does not need additional insulation boards or other support as with other available choices from competitors.
Joseph A. Riccelli Jr., CEO of Innovative Designs, commented, “The financial success that Innovative Designs has reached at this point with the growing performance recognition and successful sales of our unmatched Insultex House Wrap®, is extremely gratifying. However, we will not be satisfied until the investment community also begins to share in this recognition. To this end, we are now in the process of upgrading the listing status for IVDN shares from the current OTC Pink tier to the higher OTCQB level. This process requires meeting considerable accountability standards as well as making detailed applications and filings which are all being attended to at this time. Additionally, plans are still being made for our upcoming shareholder’s meeting which will be an interactive online event designed to better inform the investment community about all that Innovative Designs is delivering, with earnings projections for the balance of 2025 and beyond. I am very much looking forward to hosting this important event. Specific details will be announced soon.”
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.insultexhousewrap.com and http://www.idigear.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 A. Riccelli Jr., CEO
412-799-0350
riccellijjr@insultexhousewrap.com
http://www.insultexhousewrap.com
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$IVDN 10Q filing for fiscal Q1 of 2025 is posted today. Total Revenue was $543,926 vs. $65,886 for the same period the previous year. This represents over a 720% improvement, the largest quarterly gain in company's history and continues our profitability.
https://www.sec.gov/ix?doc=/Archives/edgar/data/0001190370/000173112225000410/e6438_10q.htm
$IVDN 10Q filing for fiscal Q1 of 2025 is posted today. Total Revenue was $543,926 vs. $65,886 for the same period the previous year. This represents over a 720% improvement, the largest quarterly gain in company's history and continues our profitability. https://t.co/lXMynEP85H
— Innovative Designs, Inc (Stock: $IVDN) (@riccelli_joseph) March 20, 2025
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