Innovative Designs Inc (IVDN)

[NevoTX]

Sales doesn't increase stock price; profits do.

Right, "ProfitScout?"

The reason each of us invested our money in this stock is to achieve a profit on our investment.

Profit.

Granted, sales is a necessary precursor to profit, but increased sales without profit is not going to make a stock price move. Maybe if investors can see a path to profitability it can happen, but if a company says "hey, our QA machine is broken and we can't afford to fix it, and we need this certification in order to sell our product and we can't afford to get that certification," it's hard to see a path to profitability.

I completely agree with Berigud: Joe has driven this company to the ground and taken any hope of our profits with it. The ONLY way IVDN can POSSIBLY get out of this hole requires the company to have a new CEO. But the board doesn't appear to be willing to do that.