Innovative Designs Inc (IVDN)

[ProfitScout]

IVDN is clearly having the best year in its history by far, with record revenue growth from new Insultex sales. In addition, management is making every effort to enhance shareholder value by eliminating company debt and keeping the share structure very low. This is a winning formula that will reward long term shareholders who have the proper patience.

From this week's news:

$2M Revenue Total Reached in August for First Time in Company History.
Over 100% Increase in Revenue Projected for Fiscal Third Quarter.
Profitability Now Extends for the Last 4 Trailing Quarters.
Balance Sheet Improvements via Rising Cash Collections.
Long Term & Convertible Debt Eliminated with Over $85,000 Paid Off.
No New Stock Issued to Satisfy Debt and No New Private Placements.
Source:
https://www.newmediawire.com/news/innovative-designs-inc-ivdn-passes-2-million-revenue-mark-and-announces-over-100-projected-increase-in-fiscal-q3-sales-vs-previous-year-with-4th-consecutive-quarter-of-profitability-7082339