Innovative Designs Inc (IVDN)

[greasemonkeyshoes]

We all believe this company is financially challenged but it can go on for another few more years,capping losses of $150k per year! As the boss becomes tired,takeover by the oversea supplier would be a natural,the question: how do you and I benefit??

Again,I do believe this dog would not BK any time soon and,just may be,Joe would add new blood and relinquish his control of the company!! Until then,I just simply wait and see,no skin in the game yet.

Another dog I'm checking for flee is MRFD,defaulted recently and has a similar high return potential.This company has the management,caught with its pants down in the last economic down draft,but does it have the expertise to restructure itself and not f%%kup again??? The CEO is 72 years,I believe he is fighting for his life on this one and would not go down easily!!!

ps-Will Joe ended up like MRFD before he took drastic change!! Yes,I believe he would.