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Re: ProfitScout post# 1703

Saturday, 06/23/2012 6:12:48 PM

Saturday, June 23, 2012 6:12:48 PM

Post# of 5728
How time flies!!

PITTSBURGH, Aug. 24, 2011 /PRNewswire via COMTEX/ -- Innovative Designs, Inc. (IVDN.OB) has begun production/assembly of its new Insultex House-Wrap here in the United States. Insultex House-Wrap differs from any other wrap available in the building industry as it offers an R-Value of nearly 3, along with functional drainage. Innovative Designs, Inc. CEO Joseph Riccelli commented, "Insultex House-Wrap will revolutionize the building industry when it comes to vapor barrier protection. We are proud to be able to have our Insultex House-Wrap assembled here in the United States. Interest in the Insultex House-Wrap is astounding with inquiries from not only here in the U.S., but other countries."

and according to page 9,the latest Q

"In February 2012, we announced in a press release that our House Wrap product had drawn the interest of several large home builders and that samples had been sent to them for evaluation. In order for such home builders to buy our House Wrap it must have an ICC certification. ICC is the International Code Council. We are in the process of having a testing machine built that will ensure the House Wrap complies with ICC standards. We expect the testing machine to be completed in June, 2012. We are also in advanced discussions with a large nationwide retailer to sell our House Wrap. We are using an independent sales force experienced in this industry...."

Joe is clueless about what need to be done!!

Can you trust the progress report,which version?
Can you trust the test result,if/when there was one??
Can you trust Joe?? Period.

Million dollar question:
Can Joe creates more mirage keeping the faithful intoxicated and never realizing the emperor has no cloth??

ps-Without fundamental,the bubble always pop!


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