Jedi, competitors are falling behind? Competitors are failing? Are you blind Jedi? Competitors are selling millions of dollars of product a week.
IVDN is the one that is falling behind. What is IVDN selling? Less than 400K a year. IVDN has missed the window of opportunity that is today. Insultex isn't ICC certified and won't be for another year (if IVDN can last that long)
With the new regulations on continuous insulation, it seems that DuPont, Owens Corning, Kimberly Clark are not having any problems selling product
No smart investors are purchasing IVDN stock. No new investments, just more loans. Just more dilution of our low float stock
Once upon a time Insultex was a revolutionary product. The competition has caught up and is leaving us behind.
Time to FIRE our CEO. Time to hold the BOD feet to the fire. Or we will go bankrupt with investors ready to scoop up the remains.
BTW, I have been driving through Texas this last week up the I-35. Tremendous amount of new building going on. I saw lots of wrap on buildings, not one of them used Insultex.
I got 20,000 share, I will take $2 a share. Any takers? Please cheerleaders, buy me out and shut me up
Real information comes from verifiable sources and we have that from IVDN management which is fully accountable to the SEC for everything they put in the official company news, of course. Anything else posted by anonymous persons simply has no credibility. All real investors know this.
IVDN is now booking record revenues for the latest fiscal quarter and the 2024 fiscal year New customers are discovering the superiority of Insultex House Wrap and buying the product in steadily increasing amounts. This is called business success. ---------------------------------------------------------------------------------------------------------------------- PITTSBURGH, PA, April 10, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire -- Innovative Designs, Inc. (OTCQB: IVDN) continues to gain market share through its growing vendor base. Since the beginning of this fiscal year (November 1, 2023), Innovative Designs has added over 30 new accounts that have purchased its Insultex House Wrap®. This has resulted in a comp sales increase of 318% as compared to the same time period last year (November 2022 – April 2023). With 7 months remaining in FY2024, sales for the first 5 months are approaching 88% of last year's total.
Randy Kimbler, a National Distributor of Insultex, commented, “The introduction of Insultex® House Wrap to several major building supply companies has been very well-received. The product is being placed in the retail locations of these organizations, as well as many local building supply companies. The R-6 insulation value provided by this very thin product has proven to be an affordable solution for builders facing economic challenges in states where energy codes require R-5 Continuous insulation for new construction.”
About Innovative Designs, Inc.
Innovative Designs, Inc. manufactures the Insultex® House Wrap and Arctic Armor® Line, under the "i.d.i.gear" label featuring INSULTEX®. Patented INSULTEX® is the thinnest, lightest and warmest insulator in the market today. For more information, please visit http://www.idigear.com or http://www.insultexhousewrap.com.
Disclaimer
Certain statements in this press release constitute "forward-looking" statements as defined by federal law. Such statements are based on assumptions, but there is no assurance that actual outcomes will not be materially different as those implied. Any such statements are made in reliance on the "Safe Harbor" protections provided under the Private Securities Reform Act of 1995 and are subject to various factors, including the risks and matters discussed in the Company's SEC filings available at http://www.sec.gov.
News 
Market Data 
Discover 
AI
