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$IVDN NEWS: Innovative Designs Sales Update
via NewMediaWire
Thu, May 30, 2024, 7:00 AM EDT
In this article:
IVDN
PITTSBURGH, PA - (NewMediaWire) - May 30, 2024 - Innovative Designs, Inc. (OTCQB: IVDN) continues its upward sales trend into the end of May 2024. Year-to-date sales have already surpassed FYE2023 by over 33% with 5 months remaining in FYE2024. The growth is attributed to a substantial increase in the number of new retailers that are now carrying the company's Insultex House Wrap(R). As new energy codes are implemented across the United States, homebuilders/contractors are using Insultex House Wrap(R) as a convenient R-Value continuous insulation to a wall system.
Our notable growth in sales can be attributed to Built Link Solutions (Formerly Compound Construction) based in Grand Rapids, MI. Built Link Solutions is working to become the primary source for industry professionals, innovators, and stakeholders to discover, evaluate, and adopt the latest advancements in building materials, tools and technologies. Having curated a comprehensive national distribution network, they bring pioneering solutions like Insultex House Wrap(R) to market, propelling the evolution of the construction industry towards a future where innovation thrives, and buildings meet the needs of tomorrow. Since coming onboard, Built Link Solutions has:
Established a comprehensive national distribution network to service customers where they are when they need it.
Grown national awareness of product benefits and specifications through their dedicated sales agents and attendance at building industry trade shows across the country.
Conducted in-person sales training and online seminars to educate sales associates on Insultex House Wrap(R).
Streamlined the sales process to deliver consistent and superior level service to customers of all sizes and needs.
Implemented volume pricing models and incentive discounts to meet the needs for scale and demand.
As building codes and exterior R-Value requirements are quickly evolving across the country, Built Link Solutions has proven highly proactive in contacting prospective accounts, notifying them of the cost-effective solution that our Insultex House Wrap(R) provides.
Randy Kimbler, Director of Business Development for Built Link Solutions, commented, "Insultex House Wrap(R) is gaining traction in the market as it provides a timely and effective solution. Its cost-effectiveness, innovation, and ability to address today's building challenges are driving positive feedback nationwide."
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.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
http://www.insultexhousewrap.com
Built Link Solutions
Randy Kimbler, Dir. Business Development
616-443-3200
RandyK@Builtlinksolutions.com
https://finance.yahoo.com/news/innovative-designs-sales-110000236.html
Thank you again pitcook, for the very well informed posting on the home run return that is built into IVDN for those investors who see the big picture. And, of course, we already know from the company's official news that IVDN is currently in the middle of a banner sales year for its superior Insultex product.
Innovative Designs Vendor Growth
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
If you are able to put the history aside for a minute and forget all the pent-up frustration from years of under performance let’s pretend you are a new investor looking to buy a stock.
Listen, in the multi-billion and combined with the world of insulation probably combined, now a trillion dollar category over the next few years, due to a new government required building code, that there currently is only one company in the world that can produce a continuous insulation. And the company currently has probably done more sales than they did the whole previous year. And because mostly everyone in this United States that either sells a moisture barrier, or insulation is trying to find the solution which would enable them to dominate both industries.
The company has this (and I say understandingly hopefully that at the worst six months away) machine that will be quantifying, which many companies and their inspectors require, proof that they do have an R-6 Value. Take a Company like Corning, that if somebody comes out with a R-6 moisture barrier, on jobs that are average R-20, they will be losing around 30% of all of their sales. Not sure what it would be worth to them to buy this company, and not only would they be maintaining 100% of the required R-20 Value, they would now be taking over most of the moisture barrier industry. I guarantee you it would be worth at least $20/$25 a share to them.
Again, now imagine you’re just discovering this publicly traded stock, and you learn at this point they are the only one in the world with a continuous moisture barrier that has a R-6 value? Also, again, even before they get a certification quantifying this, you learn that their sales are exploding compared to the previous year. When people do their due diligence and see the history and testimonials about this product and learn along the way that they beat the Federal Trade Commission in Federal Court, when they were challenged by a worried competitor, about the disruptive technology material that they own a worldwide patent, the share-price will explode?
Like I said before this is all public information but it is so esoteric that barely anybody knows about it, and you could buy the stock for under two $.10 coins. Would ask how long did it take for them to get here? Would you say tell me about the health of the management? If you had any business acumen, you would be saying, how can I buy as much of this stock as I can, before the rest of the financial world learns about this?
Thoroughbred race horses have blinders on them so they can only look forward, not worrying about anything beside them, or behind them. This is how I feel about the technology of our Insultex house-wrap, that has evacuated cells creating an insulation type of product that the whole world is looking for. Do I wish that things have happened faster, yes of course, but as they say, it is what it is, and when the financial world learns about us, they will be writing articles in the Wall Street Journal, and doing vignettes on all the financial programs. Our material will be to the construction industry what Nvidia is to the Computer chip industry.
Anyone doing any kind of serious building and not using our Insultex House-wrap is doing CONSTRUCTION MALPRACTICE.
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.”
Source:
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
The facts are that IVDN has rising sales, new customers, new distributors, patent protection, little debt, insider buying, a small share structure with a very low float of only 16 million shares out, all legal issues resolved in the company's favor and, of course, the highest performing House Wrap insulation on the market with its unique evacuated cell structure delivering an R-6 value that no competitor can mach.
All of this has come together as a result of IVDN management's diligent work over the past several years and has brought the company to its strongest position ever for 2024 and beyond. Everything is well detailed in the official company news below which is fully accountable to the SEC for truthfulness and accuracy. Real and verified information for real investors.
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
Innovative Designs, Inc. Receives $100,000 Direct Private Investment from Board Member Mr. Robert K. Adams
June 5, 2023
https://www.globenewswire.com/news-release/2023/06/05/2682134/0/en/Innovative-Designs-Inc-Receives-100-000-Direct-Private-Investment-from-Board-Member-Mr-Robert-K-Adams.html
Innovative Designs, Inc. Receives Significant New Orders for Its Unmatched Insultex House Wrap from Two Repeat Customers
June 1, 2023
https://www.globenewswire.com/news-release/2023/06/01/2680753/0/en/Innovative-Designs-Inc-Receives-Significant-New-Orders-for-Its-Unmatched-Insultex-House-Wrap-from-Two-Repeat-Customers.html
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
Simply excellent post, Pitcook. Your contributions here are a genuine value to the real IVDN investors as you clearly understand and present the great potential for this stock be one of the rare Home Runs when all the pieces are put into place. And it is all coming together, even though we might have liked a little faster pace, as the company is currently on track for a record sales and revenue growth year in 2024.
Your point on the new Building Code Continuous Insulation requirements, which Insultex meets or exceeds, is a big bonus advantage that is also coming into play, starting just this year. IVDN management has made a point of mentioning this important issue in several recent announcements like the ones below:
$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
$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
Great post. Everybody who has done their due diligence knows the potential here is enormous for $IVDN.
So do I wish things have moved the share price much faster than they have? Yes of course I do. Were there serious variables that have delayed things to where they were today? Yes and they are what they are. Now without pointing fingers or blaming blame, let’s just consider where we are today as shareholders. My investments were all in after we beat the Federal Trade Commission in court because I knew we had something (an R-6 Value super thin house-wrap) that nobody else in the world has, and there is great demand in the multi-billion dollar moisture barrier house-wrap industry.
I knew we needed to rebuild a new thermal measuring machine to quantify what the Insultex material has, and once that ever happens, there are millions of dollars of orders potentially waiting. And as we saw once we were taking physical display space from Tyvek in Home Depot, the fear of losing market share caused the lobbyist dogs to come out and press the Federal Trade Commission with incorrect data trying to put us out of business. Again, we are working towards that now, and it is a matter of if not when, hopefully sooner than later.
So again my interest in buying as much stock as I did, which to me is a lot, was eventually when they started losing market share because anybody not using our product is doing what I like to say as Construction Malpractice, that any company making a moisture barrier that has our product with unlimited marketing expenses etc. will dominate the industry even more than DuPont does now.
My thought was let’s have an auction starting it around $15-$18 because whoever can do this will dominate the multi billion dollar industry. But wait a minute things have changed, and our material to me should create even greater to demand to own the company and make our stock much higher. That is the government new Building Code of the necessity of a Continuous Insulation! Let’s consider every company that makes insulation on new homes and other construction, where the Building Code requires let’s say an average of an R 20. Now when all the construction companies start using our material that is an R –6 they will only be selling insulation that totals an R-14, the two totals the required R- 20.
So now the big dogs in the Insulation industry like Corning’s Pink Panther are losing around 30% of all the insulation they would be getting purchased, for billions and billions of dollars of new construction. So now when we hold the auction for the license rights for our Golden Goose think about this, if Corning or other companies in the insulation industry buy us out to save from losing a serious percentage of their normal sales, they will now not only be maintaining that, but they will be picking up multi billions of dollars worth of moisture barrier business and dominate two industries. I say that let’s start a bidding now at $30 a share lol
The new government building code for continuous insulation in my opinion, has shaken the whole construction industry for new homes and other similar projects in states that require this. We know DuPont previously tried to make a continuous insulation moisture barrier, but failed and hopefully we get our certification before anyone else can come out with the similar product using a different science but again forget about the past, and let’s just look forward.
We know what we have and we know what is needed, and this is such an esoteric company that nobody even knows who we are. The fact that two multi billion dollar industries are looking for a solution to dominate all new building requiring what we have, is almost like us having inside information. But this is all public knowledge that very few actually know. This is like knowing that a company called Apple will be coming out with a smart phone, or a company named Tesla is going to be coming out with electric cars, months before the public learns. On top of that the cost per share now is about only three nickels. What we know lets us have an opportunity to make many millions of dollars when we get to wherever we need to get! We know that regardless, again of anything in the past, our sales are easily exceeding the previous comp quarters and probably easily the comp year. But in my opinion, we’re not in business to sell two or $3 million worth of material, it is to sell two or $3 million worth of material and letting the whole industry (that is two gigantic industries), that already are looking to keep whatever business they have, let alone dominating both know who we are, and make us very rich, trying to buy what we have.
I’m not a hyper and I’m not a hater like you have on many of these social media message boards. I am an investor who is a little frustrated that I don’t yet own my house on the beach every time we go through winter, lol, but I know through luck I know about a company that has totally DISRUPTIVE TECHNOLOGY, that will dominate and I say multi billions, but if you do this across the world over time -trillions of dollars of business. I would never sell at two dollars as some here wish, because if we get to two dollars, it means the train has finally left the tracks and it is moving very fast.
Since the high sales and revenue surge for the latest IVDN fiscal quarter has already been reported in the company's official news on April 10th, it is already a verified fact. As a fully reporting OTCQB listed equity, IVDN management is 100% accountable to the SEC for accuracy and truthfulness in everything they state in any public announcement. This includes press releases, the company website, Twitter (X) and the company filings. Real investors know this. Anonymous persons posting off-handed comments on chat boards have zero accountability to anyone and therefore zero credibility. Real investors know this too. There is plenty of verified and valuable information on the growing success of the IVDN business plan in the official news below.
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
Innovative Designs, Inc. Receives $100,000 Direct Private Investment from Board Member Mr. Robert K. Adams
June 5, 2023
https://www.globenewswire.com/news-release/2023/06/05/2682134/0/en/Innovative-Designs-Inc-Receives-100-000-Direct-Private-Investment-from-Board-Member-Mr-Robert-K-Adams.html
Innovative Designs, Inc. Receives Significant New Orders for Its Unmatched Insultex House Wrap from Two Repeat Customers
June 1, 2023
https://www.globenewswire.com/news-release/2023/06/01/2680753/0/en/Innovative-Designs-Inc-Receives-Significant-New-Orders-for-Its-Unmatched-Insultex-House-Wrap-from-Two-Repeat-Customers.html
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
$IVDN: Our patented Insultex House Wrap (TM) can make a real contribution to carbon reduction with its R-6 Rating, unmatched by any competitive product. A unique evacuated cell design makes this possible. Better Insulation = Less demand from carbon emitting energy suppliers.
$IVDN: Our patented Insultex House Wrap (TM) can make a real contribution to carbon reduction with its R-6 Rating, unmatched by any competitive product. A unique evacuated cell design makes this possible. Better Insulation = Less demand from carbon emitting energy suppliers. https://t.co/4XFYbvPjVs
— Innovative Designs, Inc (Stock: $IVDN) (@riccelli_joseph) April 8, 2024
$IVDN: Lower energy bills and reduce carbon levels with our Insultex House Wrap (TM) delivering an R-6 Rating unmatched by any competitive product. A patented evacuated cell design makes this possible. Better insulation = lower energy demand. Visit: http://insultexhousewrap.com
$IVDN: Lower energy bills and reduce carbon levels with our Insultex House Wrap (TM) delivering an R-6 Rating unmatched by any competitive product. A patented evacuated cell design makes this possible. Better insulation = lower energy demand. Visit: https://t.co/7DxiK13HDH pic.twitter.com/7KELu3T95l
— Innovative Designs, Inc (Stock: $IVDN) (@riccelli_joseph) May 17, 2024
For more information please visit Insultex™ House Wrap website: http://www.insultexhousewrap.com
and Follow $IVDN on Twitter (X): https://twitter.com/riccelli_joseph
$IVDN: Green Builders can get the highest insulation performance with our Insultex House Wrap (TM) delivering an R-6 Rating unmatched by any competitive product. A patented evacuated cell design makes this possible. We also add a moisture barrier. Visit: http://insultexhousewrap.com
$IVDN: Green Builders can get the highest insulation performance with our Insultex House Wrap (TM) delivering an R-6 Rating unmatched by any competitive product. A patented evacuated cell design makes this possible. We also add a moisture barrier. Visit: https://t.co/7DxiK13HDH pic.twitter.com/AkMk8HHxmb
— Innovative Designs, Inc (Stock: $IVDN) (@riccelli_joseph) May 17, 2024
$IVDN: Our patented Insultex House Wrap (TM) can make a real contribution to carbon reduction with its R-6 Rating, unmatched by any competitive product. A unique evacuated cell design makes this possible. Better Insulation = Less demand from carbon emitting energy suppliers.
Improving residential insulation and modifying heat-use behaviors using incentives could reduce carbon dioxide emissions in the United States by more than 2 million metric tons per year, finds a new @ScienceAdvances study. https://t.co/rEORrwEmcq pic.twitter.com/f1uxuN4Ler
— Science Magazine (@ScienceMagazine) April 7, 2024
$IVDN: Get the BEST insulation performance with our Insultex House Wrap (TM) delivering an R-6 Rating unmatched by any competitive product. A patented evacuated cell design makes this possible. We also add a moisture barrier and other key benefits. Visit: http://insultexhousewrap.com
$IVDN: Get the BEST insulation performance with our Insultex House Wrap (TM) delivering an R-6 Rating unmatched by any competitive product. A patented evacuated cell design makes this possible. We also add a moisture barrier and other key benefits. Visit: https://t.co/7DxiK13HDH pic.twitter.com/hxqlQYnl9x
— Innovative Designs, Inc (Stock: $IVDN) (@riccelli_joseph) May 16, 2024
$IVDN - Great to see the company active on Twitter during this golden age of homebuilding, investors like to see that.
$IVDN: Homebuilders can achieve the highest energy efficiency with our Insultex House Wrap (TM) delivering an R-6 Rating unmatched by any competitive product. A patented evacuated cell design makes this possible. We also add a moisture barrier. Visit: http://insultexhousewrap.com
$IVDN: Homebuilders can achieve the highest energy efficiency with our Insultex House Wrap (TM) delivering an R-6 Rating unmatched by any competitive product. A patented evacuated cell design makes this possible. We also add a moisture barrier. Visit: https://t.co/7DxiK13HDH pic.twitter.com/DUIvoLGPZ8
— Innovative Designs, Inc (Stock: $IVDN) (@riccelli_joseph) May 14, 2024
Very good time to load here! $IVDN
Loading up!
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
$IVDN: Achieve the highest home energy efficiency with our Insultex House Wrap (TM) delivering an R-6 Rating unmatched by any competitive product. A patented evacuated cell design makes this possible. We also add a moisture barrier. Visit: http://insultexhousewrap.com #insulation
$IVDN: Achieve the highest home energy efficiency with our Insultex House Wrap (TM) delivering an R-6 Rating unmatched by any competitive product. A patented evacuated cell design makes this possible. We also add a moisture barrier. Visit: https://t.co/7DxiK13HDH #insulation pic.twitter.com/ilg4aT8zIt
— Innovative Designs, Inc (Stock: $IVDN) (@riccelli_joseph) May 13, 2024
2nd qtr report due 6/15...
NOT "later this month"
🤣😂🤣
Since the high sales and revenue surge for the latest IVDN fiscal quarter has already been reported in the company's official news on April 10th, it is already a verified fact. As a fully reporting OTCQB listed equity, IVDN management is 100% accountable to the SEC for accuracy and truthfulness in everything they state in any public announcement. This includes press releases, the company website, Twitter (X) and the company filings. Real investors know this. Anonymous persons posting off-handed comments on chat boards have zero accountability to anyone and therefore zero credibility. Real investors know this too. There is plenty of verified and valuable information on the growing success of the IVDN business plan in the official news below.
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
Innovative Designs, Inc. Receives $100,000 Direct Private Investment from Board Member Mr. Robert K. Adams
June 5, 2023
https://www.globenewswire.com/news-release/2023/06/05/2682134/0/en/Innovative-Designs-Inc-Receives-100-000-Direct-Private-Investment-from-Board-Member-Mr-Robert-K-Adams.html
Innovative Designs, Inc. Receives Significant New Orders for Its Unmatched Insultex House Wrap from Two Repeat Customers
June 1, 2023
https://www.globenewswire.com/news-release/2023/06/01/2680753/0/en/Innovative-Designs-Inc-Receives-Significant-New-Orders-for-Its-Unmatched-Insultex-House-Wrap-from-Two-Repeat-Customers.html
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
$IVDN With a Low Float of 16 million, is making steady progress to grow market share and also protect the very valuable patent rights of its unique Insultex product line which meets or exceeds new building codes going into effect this year requiring continuous insulation. Competitors are failing this critical criteria, which explains Innovative Designs' Vendor Growth. http://www.InsultexHouseWrap.com
$IVDN: Our Insultex House Wrap (TM) with an unmatched R-6 Rating is the best solution to lower energy bills and reduce carbon emissions. A patented evacuated cell design makes this possible. Better insulation = less demand from energy suppliers. Visit: http://insultexhousewrap.com
$IVDN: Our Insultex House Wrap (TM) with an unmatched R-6 Rating is the best solution to lower energy bills and reduce carbon emissions. A patented evacuated cell design makes this possible. Better insulation = less demand from energy suppliers.
— Innovative Designs, Inc (Stock: $IVDN) (@riccelli_joseph) May 10, 2024
Visit: https://t.co/LWNDwJcXDh pic.twitter.com/hTV697MeEo
$IVDN According to Grand View Research, the global insulation market size was estimated at USD $52.18 billion in 2018 and is expected to expand at a CAGR of 5.7% going forward. Increasing consumer awareness regarding energy conservation is estimated to propel growth.
Yes GD, all the verified information from IVDN demonstrates a growing success story, especially the latest news from just last month. IVDN management has accelerated the sales and revenue growth rate so well in 2024 that they are already at a point to exceed all of the company's 2023 income. This success should accelerate further as word continues to spread about the superior performance of the patented Insultex brand, available only from IVDN and its authorized distributors. Cheers.
Innovative Designs Vendor Growth
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
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Delinquent SEC Reporting Warning! Investigation!
This stock is not eligible for proprietary broker-dealer quotations. All quotes in this stock reflect unsolicited customer orders. Unsolicited-Only stocks have a higher risk of wider spreads, increased volatility, and price dislocations. Investors may have difficulty selling this stock. An initial review by a broker-dealer under SEC Rule15c2-11 is required for brokers to publish competing quotes and provide continuous market making.Delinquent SEC ReportingDelinquent SEC Reporting (NEW for 2023) OTC Pink Delinquent SEC ReportingDelinquent SEC ReportingDelinquent SEC Reporting Limpus Construction OTC Pink Delinquent SEC Reporting strongly endorses and markets the IVDN Insultex™ House Wrap® product----https://linduscOTC Pink Delinquent SEC Reportingonstruction.com/blog/insultexOTC Pink Delinquent SEC Reporting-house-wrap-future-home-weatherization/
Limpus Construction is proud to announce our partnership with Insultex™ House Wrap®. Our C.O. O. Andy Limpdick believes that Insultex™ House Wrap®
will allow us to contin revolutionizing our industry me ing the new standards for side wall laws.
Limpus Construction
is the exclusive distributor in Minnesota, Wisconsin, Iowa & North Dakota.
----INNOVATIVE DESIGNS (IVDN) Markets INSOTC Pink Delinquent SEC ReportingULTEX HO WRAP --- THE THINNEST INSULATED HOUSE WRAP WITH AN R-VALUE----
Insultex House WrapDelinquent SEC Reporting ® is a clo ed-c l 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™ OTC Pink Delinquent SEC Reporting suit utilizes 3 layers of our exclusive thermal insulator Insultex® ----
One layer of Insultex®Delinquent SEC Reporting protects a person to sub-zero temperatures.
Insultex™ is the high pDelinquent SEC Reportingerf nce alternative to other insulating products. Being pliable, thin, waterproof, and warm, manufact now choose to implement Insultex into their products because the insulation provides their products with the high performance without the bulk. Manufacturers may laminate density polyethylene features bu ancy, impermeability, and resistance to cold temperatures. Insultex™ is also incredibly lightweig
With all of these features combined into one easy to implement material, the applications for Insultex™ are virtually endless.
Delinquent SEC ReportingDelinquent SEC Reportingm its mpetition is the fact that it offers an R-Value, the term used to measure thermal resistance, and is most commonly used when referring to the insulati ualities of a building structure, thus increasing energy efficiency.Insultex™ is a revolutionary structured cellular fabric that incorporates countless evacuated closed micro-cells that significantly r uce heat transfer through the fabric. Insultex™ is the newest thermal insulation on the market promising to revolutionize insulation asOTC Pink Delinquent SEC Reporting 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:OTC Pink Delinquent SEC Reporting
The Insultex® House-Wrap pr dentified 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 Ho e-Wrap:
http://www.insultexhousewrap.co /index.php
Media Coverage of Insultex House-Wrap:
https://www.youtube.com/watch?v=s -xJ6YivU
Delinquent SEC Reporting8, 2023. Published on June 24, 2024Delinquent SEC Reporting nt or Firm:Delinquent SEC ReportingDelinquent SEC ReportingDelinquent SEC Reportingsales-accounts-added-in-current-quarter-for-superior-home-insulation-with-r-6-value-no-competitor-can-match-ivdnDelinquent SEC Reportingp-insulation-with-thermal-energy-saving-far-beyond-competition-gaining-recognition-as-company-wins-court-case-260k-cash-settlement-innovative-designs-inc-otcqb-ivdn#ixzz7eEHyv3uYDelinquent SEC Reportingpparel-and-home-building-markets-innovative-designs-inc-otc-ivdnDelinquent SEC Reporting/bostonherald/news/read/41900298/For company filings visit: http://www.otcmarkets.com/stock/IVDN/filings
COMPANY NEWS: OTC Pink Delinquent SEC Reporting
Delinquent SEC Reportingelease/2022/09/01/2508875/0/en/Innovative-Designs-Reaches-Settlement-With-FTC-Receives-First-Payment.htmlvative-Designs-Hires-Marketing-Agency.html
March 3, 2022
https://finance.yahoo.comDelinquent SEC Reporting/news/innovative-designs-inc-interview-air-120000275.html?soc_src=social-sh&soc_trk=tw&tsrc=twtr
Innovative Designs Adds Board Member
October 5, 2021
Innovative Designs Court C
ase Update
February 18, 2020
https://finance.yahoo.com/news/innovative-designs-court-case-120010842.html
Delinquent SEC Reportingve-designs-adds-east-coast-160242009.htmlJune 10, 2015
http://finance.yahoo.com/n ws/innovative-designs-expands-r-6-16 5338469.html
Innovative Designs to Begin Domestic Produ on of Insultex
June 9, 2 15
http://finance.yahoo.com/news/innovat
Innovative Designs Comparable Sales Increase
April 13, 2015OTC Pink Delinquent SEC Reporting
http://finance.yahoo.com/news/innovative-designs-comparable-sales-increase-110000192.html
Insultex House Wrap Midwest stributor Growth
April 9, 2015
http://finance.yahoo.com/news/insultex use-wrap-midwest-distributor-110000236.html
Insultex House Wrap Now Ava ble to National Home Builders
February 18, 2015
http://finance.yahoo.com/news/insultex-house-wrap-now-available-121500058.html
Delinquent SEC Reporting Construction Insultex House Wrap Testimonial https://www.youtube.Delinquent SEC Reportingcom/w tch?v=EW-Fd G2UDelinquent SEC Reporting Lindus Construction https://www.youtube.com/watch?v=sZ4-mD3yJ-g Delinquent SEC ReportingDelinquent SEC Reporting ProductDISCLAIMER:
Nothing in the contents transmitted o is board should be construed as an investment advisory, nor should it be used to make investment decisions.
There is no express Delinquent SEC Reportingor implied solicitation to buy or sell securities.
The author(s) may have p
Delinquent SEC Reportingelease/innovative-designs-substantiates-verifies-superior-qualities h-r-value-insultex-house-otcqb-ivdn-2174728.htmDelinquent SEC Reportingve-designs-3rd-quarter-comp-sales-in ase-otcqb-ivdn-2147060.htmositions in the stocks or financial relationships with the company or companies discussed and may trade in the stocks mentioned.
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