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Re: ProfitScout post# 9016

Tuesday, 03/17/2009 8:57:21 PM

Tuesday, March 17, 2009 8:57:21 PM

Post# of 15247
IVDN update and another chance to get some this week...

Even though the company pre-announced their record Q1 results in an earlier PRs, the actual 10Q filing is now late (was due yesterday). They will make the filing in a few days at most according to the CEO but this does give anyone else who wants to get some IVDN another chance to get it cheaply.

Though there was only a Form-NT made yesterday, IVDN did post their actual revenues for the quarter on the NT filing and they are even better than we expected (they made more in the last quarter than all of last year combined - and sales are still growing).

Link to Form-NT yesterday:
http://www.pinksheets.com/edgar/GetFilingHtml?FilingID=6482065

It took a long time for this little company to get its act together and sales going but now everythig is in full swing. IVDN is going to get noticed in 2009 as their reports continue to show very strongly growing sales. That is why I made it my pick for the contest on this board.

Previous PRs on Q1 results:

Innovative Designs Defies Economic Slowdown
LINK: http://finance.yahoo.com/news/Innovative-Designs-Defies-pz-14100136.html

Innovative Designs Shows Excellent 1st Quarter
LINK: http://finance.yahoo.com/news/Innovative-Designs-Shows-iw-14550623.html

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