Innovative Designs Inc (IVDN)

[greasemonkeyshoes]

Too optimistic: "...High Profit Margin and low SG&A equates to $$$ profits imo...."
Typically it takes up to 2+ years for manufacturing to achieve its ROI target;this is why IVDN stock price would be most vulnerable going forward!!
As a scavenger buyer,I'm just as excited as you are;but more because I see likely trouble ahead,Joe does not have the balance sheet to get out of it,except dilution galore assuming he botched. Investors standing on the sideline would be better off just wait and keeping powder dry;Why pay more and bear the risk of the new venture,if you can get it cheap later,33% chance the new venture will be challenged and money pit!!