searay2701
1 day ago
paytheask, not much going on in the way of seeing more life in this stock where it counts, the price of IVDN’s stock, just more repetition happening so far as IVDN’s history in reality shows day in and day out. The many regular shareholder’s have waited a very long time here, the next legally financial report to The Sec has got to show a much better one, for lack of seeing better net results could mean seeing this stock fall to an even lower level than the current $.15-.17 area. MOO
pitcook
4 days ago
I agree with you that our share price is low and because it barely trades at all, that may be considered a bad thing. But here’s a good thing, no let me change it., here is a great thing. Nobody knows about our company and what we have. What that means is, fingers crossed, things go the way I am expecting over the next five or six months. That is we finally get certified quantitatively, that our Insultex material using our patented disruptive technology of evacuated cells creating an R-6 (and potentially even twice that R) Value.
Now because nobody on Wall Street knows who we are or what we have, and because just literally maybe a dozen or two follow the stock regularly, just we few really know all about this public information. As a stated previously, this public information is almost like inside information, again because no one follows us, so when we see the company putting out a PR showing that our product has received the ICC certification, even if the stock doubles or triples, the fact that we will be able to buy tens of thousands/hundreds of thousands of shares before the world knows it will be like stealing.
The reason I say this is yes our sales that we report will be multiple times greater than now, and the share price would easily go to a couple dollars or more, but that’s not what the long play is. The long play is, and before it was just for house-wrap companies to buy us out because whoever owns this, will dominates the industry even greater than Tyvek does now.
As great as that would be, and I like to think worth at least $20 a share, now with the government code requiring continuous insulation, every insulation company will need to buy us out or else they will be losing around 30% of the total R/value business that they do. Add on top of that, not only would they dominate their insulation industry, but now they would be adding multibillion dollars worth of moisture barrier. So whoever buys this out, let me change that, whoever we license it to (because there’s so many other industries that need our material that we also would want a license it to) will dominate with two major construction industries, moisture, barrier and insulation!
Let the bidding start at $25 a share.
So as far as the daily volume of trading on our stock, in a way I love that it’s so low. If I wanted to be another moisture barrier company that keeps gaining market share, doing a couple million next year and more after that, getting our stock up to four or five dollars over time, I would be caring about how it’s trading now. But as stated above, the play is for this stock percentage wise potential increase will make the runs of Nvidia, Tesla back in the day, Apple back in the day seems pedestrian.
This new government continuous insulation building code, and I guarantee you every company is either trying to make it, or is looking for someone that can do this, is a game changer, to the game changer we already were. As soon as we get certified, and all the states authorize our material to be approved, is when the rocket will take off. I wouldn’t be surprised, if not only the Construction Companies/Architects/Home Builders, but all of these state governments are looking for a company that can provide what we can already do. We just need the quantitative data showing it although the historical proof and testimonials could be enough for them to realize we are the answer.
ProfitScout
5 days ago
Note in this week's IVDN announcement that one of the driving factors for the growing success of Insultex sales in 2024 is the implementation of new building codes that require higher energy efficiency and a continuous insulation property. IVDN management, and its key sales agents such as Built Link Solutions, we very sharp to recognize that Insultex House Wrap meets or exceeds these new, more stringent building code standards where competitive products do not.
From the news:
As new energy codes are implemented across the United States, homebuilders/contractors are using Insultex House Wrap(R) as a convenient R-Value continuous insulation to a wall system.
As building codes and exterior R-Value requirements are quickly evolving across the country, Built Link Solutions has proven highly proactive in contacting prospective accounts, notifying them of the cost-effective solution that our Insultex House Wrap(R) provides.
Randy Kimbler, Director of Business Development for Built Link Solutions, commented, "Insultex House Wrap(R) is gaining traction in the market as it provides a timely and effective solution. Its cost-effectiveness, innovation, and ability to address today's building challenges are driving positive feedback nationwide."
searay2701
6 days ago
All of this is great news, but, until IVDN meets the net revenue surge that, as everyone can see by the not buying up of IVDN shares at higher prices is worthless, we need to see the legal reporting to the Sec of how much revenues are actually rising after expenses , not just saying so far, a 33% increase over last year. Folks by way of where the stock price area has been presently shows why this stock has not risen in a long time since news started coming out, legally reporting to The Sec will be the difference here as to which way IVDN’s stock will go, I hope it’s drastically up to make up for all the years that this thing has floundered around. MOO
searay2701
1 week ago
Most other stocks that have pushed out statements and pictures on their products over the time that IVDN has taken would have seen their stock rise some, but not this one, considering where this one dropped from the $.40 area quite awhile back. The chart on IVDN, considering all that has been tried here, including being a low float and low OS share company has done nothing to see more shareholder’s bid this thing up into at least the $.20 - .25 area. The statement of a 33% increase in business so far this year has done absolutely nothing, why, reality here presently tells why, no one thinks and believes enough in this company to pay anymore than at the level it is at because of knowing of it’s long history does not warrant doing so, only when it has proved, if it ever does prove that it has finally made the turn into being a good profitable company is sound reasoning. Meanwhile we can bet that one of the Giant Company’s in this same industry is not just sitting around and not well on their way to inventing the next better product to take the business to the next even much greater level. MOO
ProfitScout
1 week ago
More excellent confirmation of the growing IVDN sales in today's official news from the company. It is especially positive to see the recognition of the Built Link Solutions sales team which is now responsible for much of the Insultex new market share that is being gained. A superior product and a capable sales team are just the right ingredients for success.
------------------------------------------------------------------------------------------------------------
PITTSBURGH, PA - (NewMediaWire) - May 30, 2024 - Innovative Designs, Inc. (OTCQB: IVDN) continues its upward sales trend into the end of May 2024. Year-to-date sales have already surpassed FYE2023 by over 33% with 5 months remaining in FYE2024. The growth is attributed to a substantial increase in the number of new retailers that are now carrying the company's Insultex House Wrap(R). As new energy codes are implemented across the United States, homebuilders/contractors are using Insultex House Wrap(R) as a convenient R-Value continuous insulation to a wall system.
Our notable growth in sales can be attributed to Built Link Solutions (Formerly Compound Construction) based in Grand Rapids, MI. Built Link Solutions is working to become the primary source for industry professionals, innovators, and stakeholders to discover, evaluate, and adopt the latest advancements in building materials, tools and technologies. Having curated a comprehensive national distribution network, they bring pioneering solutions like Insultex House Wrap(R) to market, propelling the evolution of the construction industry towards a future where innovation thrives, and buildings meet the needs of tomorrow. Since coming onboard, Built Link Solutions has:
Established a comprehensive national distribution network to service customers where they are when they need it.
Grown national awareness of product benefits and specifications through their dedicated sales agents and attendance at building industry trade shows across the country.
Conducted in-person sales training and online seminars to educate sales associates on Insultex House Wrap(R).
Streamlined the sales process to deliver consistent and superior level service to customers of all sizes and needs.
Implemented volume pricing models and incentive discounts to meet the needs for scale and demand.
As building codes and exterior R-Value requirements are quickly evolving across the country, Built Link Solutions has proven highly proactive in contacting prospective accounts, notifying them of the cost-effective solution that our Insultex House Wrap(R) provides.
Randy Kimbler, Director of Business Development for Built Link Solutions, commented, "Insultex House Wrap(R) is gaining traction in the market as it provides a timely and effective solution. Its cost-effectiveness, innovation, and ability to address today's building challenges are driving positive feedback nationwide."
About Innovative Designs, Inc.
Innovative Designs, Inc. manufactures the Insultex(R) House Wrap and Arctic Armor(R) Line, under the "i.d.i.gear" label featuring INSULTEX(R). Patented INSULTEX(R) 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.
CONTACT:
Innovative Designs, Inc.
Joseph Riccelli, CEO
412-799-0350
joer@idigear.com
http://www.insultexhousewrap.com
Built Link Solutions
Randy Kimbler, Dir. Business Development
616-443-3200
RandyK@Builtlinksolutions.com
https://finance.yahoo.com/news/innovative-designs-sales-110000236.html
jedijazz
1 week ago
$IVDN NEWS: Innovative Designs Sales Update
via NewMediaWire
Thu, May 30, 2024, 7:00 AM EDT
In this article:
IVDN
PITTSBURGH, PA - (NewMediaWire) - May 30, 2024 - Innovative Designs, Inc. (OTCQB: IVDN) continues its upward sales trend into the end of May 2024. Year-to-date sales have already surpassed FYE2023 by over 33% with 5 months remaining in FYE2024. The growth is attributed to a substantial increase in the number of new retailers that are now carrying the company's Insultex House Wrap(R). As new energy codes are implemented across the United States, homebuilders/contractors are using Insultex House Wrap(R) as a convenient R-Value continuous insulation to a wall system.
Our notable growth in sales can be attributed to Built Link Solutions (Formerly Compound Construction) based in Grand Rapids, MI. Built Link Solutions is working to become the primary source for industry professionals, innovators, and stakeholders to discover, evaluate, and adopt the latest advancements in building materials, tools and technologies. Having curated a comprehensive national distribution network, they bring pioneering solutions like Insultex House Wrap(R) to market, propelling the evolution of the construction industry towards a future where innovation thrives, and buildings meet the needs of tomorrow. Since coming onboard, Built Link Solutions has:
Established a comprehensive national distribution network to service customers where they are when they need it.
Grown national awareness of product benefits and specifications through their dedicated sales agents and attendance at building industry trade shows across the country.
Conducted in-person sales training and online seminars to educate sales associates on Insultex House Wrap(R).
Streamlined the sales process to deliver consistent and superior level service to customers of all sizes and needs.
Implemented volume pricing models and incentive discounts to meet the needs for scale and demand.
As building codes and exterior R-Value requirements are quickly evolving across the country, Built Link Solutions has proven highly proactive in contacting prospective accounts, notifying them of the cost-effective solution that our Insultex House Wrap(R) provides.
Randy Kimbler, Director of Business Development for Built Link Solutions, commented, "Insultex House Wrap(R) is gaining traction in the market as it provides a timely and effective solution. Its cost-effectiveness, innovation, and ability to address today's building challenges are driving positive feedback nationwide."
About Innovative Designs, Inc.
Innovative Designs, Inc. manufactures the Insultex(R) House Wrap and Arctic Armor(R) Line, under the "i.d.i.gear" label featuring INSULTEX(R). Patented INSULTEX(R) 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.
CONTACT:
Innovative Designs, Inc.
Joseph Riccelli, CEO
412-799-0350
joer@idigear.com
http://www.insultexhousewrap.com
Built Link Solutions
Randy Kimbler, Dir. Business Development
616-443-3200
RandyK@Builtlinksolutions.com
https://finance.yahoo.com/news/innovative-designs-sales-110000236.html
ProfitScout
1 week ago
Thank you again pitcook, for the very well informed posting on the home run return that is built into IVDN for those investors who see the big picture. And, of course, we already know from the company's official news that IVDN is currently in the middle of a banner sales year for its superior Insultex product.
Innovative Designs Vendor Growth
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.
CONTACT:
Innovative Designs, Inc.
Joseph Riccelli, CEO
412-799-0350
joer@idigear.com
Website: http://www.insultexhousewrap.com
Link: https://finance.yahoo.com/news/innovative-designs-vendor-growth-173800119.html
pitcook
2 weeks ago
If you are able to put the history aside for a minute and forget all the pent-up frustration from years of under performance let’s pretend you are a new investor looking to buy a stock.
Listen, in the multi-billion and combined with the world of insulation probably combined, now a trillion dollar category over the next few years, due to a new government required building code, that there currently is only one company in the world that can produce a continuous insulation. And the company currently has probably done more sales than they did the whole previous year. And because mostly everyone in this United States that either sells a moisture barrier, or insulation is trying to find the solution which would enable them to dominate both industries.
The company has this (and I say understandingly hopefully that at the worst six months away) machine that will be quantifying, which many companies and their inspectors require, proof that they do have an R-6 Value. Take a Company like Corning, that if somebody comes out with a R-6 moisture barrier, on jobs that are average R-20, they will be losing around 30% of all of their sales. Not sure what it would be worth to them to buy this company, and not only would they be maintaining 100% of the required R-20 Value, they would now be taking over most of the moisture barrier industry. I guarantee you it would be worth at least $20/$25 a share to them.
Again, now imagine you’re just discovering this publicly traded stock, and you learn at this point they are the only one in the world with a continuous moisture barrier that has a R-6 value? Also, again, even before they get a certification quantifying this, you learn that their sales are exploding compared to the previous year. When people do their due diligence and see the history and testimonials about this product and learn along the way that they beat the Federal Trade Commission in Federal Court, when they were challenged by a worried competitor, about the disruptive technology material that they own a worldwide patent, the share-price will explode?
Like I said before this is all public information but it is so esoteric that barely anybody knows about it, and you could buy the stock for under two $.10 coins. Would ask how long did it take for them to get here? Would you say tell me about the health of the management? If you had any business acumen, you would be saying, how can I buy as much of this stock as I can, before the rest of the financial world learns about this?
Thoroughbred race horses have blinders on them so they can only look forward, not worrying about anything beside them, or behind them. This is how I feel about the technology of our Insultex house-wrap, that has evacuated cells creating an insulation type of product that the whole world is looking for. Do I wish that things have happened faster, yes of course, but as they say, it is what it is, and when the financial world learns about us, they will be writing articles in the Wall Street Journal, and doing vignettes on all the financial programs. Our material will be to the construction industry what Nvidia is to the Computer chip industry.
Anyone doing any kind of serious building and not using our Insultex House-wrap is doing CONSTRUCTION MALPRACTICE.
ProfitScout
2 weeks ago
The facts are that IVDN has rising sales, new customers, new distributors, patent protection, little debt, insider buying, a small share structure with a very low float of only 16 million shares out, all legal issues resolved in the company's favor and, of course, the highest performing House Wrap insulation on the market with its unique evacuated cell structure delivering an R-6 value that no competitor can mach.
All of this has come together as a result of IVDN management's diligent work over the past several years and has brought the company to its strongest position ever for 2024 and beyond. Everything is well detailed in the official company news below which is fully accountable to the SEC for truthfulness and accuracy. Real and verified information for real investors.
Innovative Designs Vendor Growth
April 10, 2024
https://finance.yahoo.com/news/innovative-designs-vendor-growth-174255528.html
World International Patent Organization (WIPO) Application Accepted on Superior Insulation Advancement to Maximize Global Marketing Opportunities for Innovative Designs, Inc.
Dec. 27, 2023
https://www.newmediawire.com/news/world-international-patent-organization-wipo-application-accepted-on-superior-insulation-advancement-to-maximize-global-marketing-opportunities-for-innovative-designs-inc-7071640
LIG Assets, Inc. Announces Agreement With Insultex House Wrap
October 30, 2023
https://www.globenewswire.com/en/news-release/2023/10/30/2769422/0/en/LIG-Assets-Inc-Announces-Agreement-With-Insultex-House-Wrap.html
Innovative Designs Inc. Receiving Orders From Numerous New Client Accounts for Top Performing Insultex House Wrap With Unmatched R-6 Insulation Value
October 26, 2023
https://www.globenewswire.com/news-release/2023/10/26/2767843/0/en/Innovative-Designs-Inc-Receiving-Orders-From-Numerous-New-Client-Accounts-for-Top-Performing-Insultex-House-Wrap-With-Unmatched-R-6-Insulation-Value.html
Innovative Designs Adds New Accounts
October 2, 2023
https://www.globenewswire.com/news-release/2023/10/02/2752606/0/en/Innovative-Designs-Adds-New-Accounts.html
Innovative Designs, Inc. Receives $100,000 Direct Private Investment from Board Member Mr. Robert K. Adams
June 5, 2023
https://www.globenewswire.com/news-release/2023/06/05/2682134/0/en/Innovative-Designs-Inc-Receives-100-000-Direct-Private-Investment-from-Board-Member-Mr-Robert-K-Adams.html
Innovative Designs, Inc. Receives Significant New Orders for Its Unmatched Insultex House Wrap from Two Repeat Customers
June 1, 2023
https://www.globenewswire.com/news-release/2023/06/01/2680753/0/en/Innovative-Designs-Inc-Receives-Significant-New-Orders-for-Its-Unmatched-Insultex-House-Wrap-from-Two-Repeat-Customers.html
Innovative Designs Receives Patent for Propriety Process With Low Density Foam
April 20, 2023
https://www.globenewswire.com/news-release/2023/04/20/2651420/0/en/Innovative-Designs-Receives-Patent-for-Propriety-Process-With-Low-Density-Foam.html
berigud
2 weeks ago
Searay, you are 150% correct.
This is all about IVDN management and our CEO. I don't understand why there are any shareholders that support our IDIOT CEO. Not being ready to meet the moment is all on our CEO. No more Arctic Armor is on our CEO. Letting the testing machine fall into such disrepair and WAITING 3 years to finally spend the money is on our CEO. The Junior Trend deal falling apart is on our CEO. No Phoenix Nano 2 million dollar yearly deal is on our CEO. No Home Depot or Lowes is all on our CEO. Not completing a the installation of the manufacturing machine and building a factory is all on our CEO.
Almost all the Tweets or press releases have never came true. They are just a continuing "Pack of Lies"
The cheerleaders, a shrinking group of shareholders, want to blame the FTC trail. BS, it is our IDIOT CEO.
I have been posting this for 3 years. This company is going nowhere until Joe Riccelli is put out to pasture. He is the only reason we are where we are, 15 cents a share. In fact it might be too late for IVDN even if we FIRE JOE RICCELLI.
The only one not lying here is me.
berigud
2 weeks ago
Very well written Pitcook. You have sounded the story about the "potential" of Insultex very well. It is a story I have heard many times for the last 15 years. In the last 15 years, nobody has gotten too excited about the Insultex story either.
But you FAIL in the most important area of your wishful story. You post about "Now without pointing fingers or blaming blame" It is long past due that we point the fingers and place the blame.
We are where we are, 15 cents a share, less than 1/1000 of 1% market share because our CEO is incompetent, an idiot, egotistical, and a poor business man. On top of that Joe Riccelli is now an old man, in poor health who can not put in the time or has the energy to grow the company. He has not been able to attract investment, even at 3 nickles a share. Facts are facts.
Why do people still support Joe Riccelli? What is he holding over the BOD's heads to keep him in the CEO chair?
The big boys are not afraid of IVDN as we have no market share. By the time we can ramp up in the next 2-3 years, DuPont, Corning or KC will develop the "next new revolutionary" house wrap. Then the 250 IVDN shareholders will be left wondering what happened.
I would like to see IVDN on the auction block today. I will swap my shares for, lets say, DuPont. Imagine if DuPont bought us out and took the "New and Improved Tyvek2" to market. Then Insultex, rebranded as Tyvek2, will have millions of dollars in sales a week. Stay with our CEO we are going nowhere.
Once our CEO is fired, stock price goes up to a $1 instantly. There is up to 10 million dollars waiting on the sidelines to invest into IVDN. But not if Joe Riccelli is still CEO. That money will not be there much longer.
Pitcook, 18 years ago, I had this exact same DREAM. You learn about a revolutionary product nobody else knows about, a real ground floor opportunity. It is a great dream. Then reality sets in. The man who controls this product made one bad decision after another for the last 18 years. It is like a bad JOKE.
I hope you all realize your dream of getting RICH. My motivation is different now that I am an old man in my 70's, just like our CEO. Most of you are younger than me. I already did my 15 years living beachfront on the Caribbean, scuba diving daily. (A great period in my life). I would be very happy pulling $20-50K from my near worthless IVDN stock. I can buy a new RV or fishing boat for the lake I live on now.
I don't have much time left in my life. I will take that $2 a share happily and wish you all the best.
BTW, I can not reply to messages on IHUB
ProfitScout
2 weeks ago
Simply excellent post, Pitcook. Your contributions here are a genuine value to the real IVDN investors as you clearly understand and present the great potential for this stock be one of the rare Home Runs when all the pieces are put into place. And it is all coming together, even though we might have liked a little faster pace, as the company is currently on track for a record sales and revenue growth year in 2024.
Your point on the new Building Code Continuous Insulation requirements, which Insultex meets or exceeds, is a big bonus advantage that is also coming into play, starting just this year. IVDN management has made a point of mentioning this important issue in several recent announcements like the ones below:
$IVDN: Our R-6 Rated Insultex House Wrap (TM) meets or exceeds the standards in new building codes taking effect in 2024. A patented evacuated cell design outperforms all competitive products for energy efficiency. Plus, we add a moisture barrier. Visit: https://t.co/LWNDwJcXDh https://t.co/cpzRpf93uy pic.twitter.com/lVTRv8wUXY— Innovative Designs, Inc (Stock: $IVDN) (@riccelli_joseph) May 1, 2024
$IVDN: Our patented Insultex House Wrap (TM) with an unmatched R-6 Rating is an ideal solution to meet new building codes requiring continuous insulation and higher thermal performance. A unique evacuated cell design makes this possible. Visit: https://t.co/7DxiK13HDH #Insulation https://t.co/xbs34YQZEw— Innovative Designs, Inc (Stock: $IVDN) (@riccelli_joseph) March 7, 2024
pitcook
2 weeks ago
So do I wish things have moved the share price much faster than they have? Yes of course I do. Were there serious variables that have delayed things to where they were today? Yes and they are what they are. Now without pointing fingers or blaming blame, let’s just consider where we are today as shareholders. My investments were all in after we beat the Federal Trade Commission in court because I knew we had something (an R-6 Value super thin house-wrap) that nobody else in the world has, and there is great demand in the multi-billion dollar moisture barrier house-wrap industry.
I knew we needed to rebuild a new thermal measuring machine to quantify what the Insultex material has, and once that ever happens, there are millions of dollars of orders potentially waiting. And as we saw once we were taking physical display space from Tyvek in Home Depot, the fear of losing market share caused the lobbyist dogs to come out and press the Federal Trade Commission with incorrect data trying to put us out of business. Again, we are working towards that now, and it is a matter of if not when, hopefully sooner than later.
So again my interest in buying as much stock as I did, which to me is a lot, was eventually when they started losing market share because anybody not using our product is doing what I like to say as Construction Malpractice, that any company making a moisture barrier that has our product with unlimited marketing expenses etc. will dominate the industry even more than DuPont does now.
My thought was let’s have an auction starting it around $15-$18 because whoever can do this will dominate the multi billion dollar industry. But wait a minute things have changed, and our material to me should create even greater to demand to own the company and make our stock much higher. That is the government new Building Code of the necessity of a Continuous Insulation! Let’s consider every company that makes insulation on new homes and other construction, where the Building Code requires let’s say an average of an R 20. Now when all the construction companies start using our material that is an R –6 they will only be selling insulation that totals an R-14, the two totals the required R- 20.
So now the big dogs in the Insulation industry like Corning’s Pink Panther are losing around 30% of all the insulation they would be getting purchased, for billions and billions of dollars of new construction. So now when we hold the auction for the license rights for our Golden Goose think about this, if Corning or other companies in the insulation industry buy us out to save from losing a serious percentage of their normal sales, they will now not only be maintaining that, but they will be picking up multi billions of dollars worth of moisture barrier business and dominate two industries. I say that let’s start a bidding now at $30 a share lol
The new government building code for continuous insulation in my opinion, has shaken the whole construction industry for new homes and other similar projects in states that require this. We know DuPont previously tried to make a continuous insulation moisture barrier, but failed and hopefully we get our certification before anyone else can come out with the similar product using a different science but again forget about the past, and let’s just look forward.
We know what we have and we know what is needed, and this is such an esoteric company that nobody even knows who we are. The fact that two multi billion dollar industries are looking for a solution to dominate all new building requiring what we have, is almost like us having inside information. But this is all public knowledge that very few actually know. This is like knowing that a company called Apple will be coming out with a smart phone, or a company named Tesla is going to be coming out with electric cars, months before the public learns. On top of that the cost per share now is about only three nickels. What we know lets us have an opportunity to make many millions of dollars when we get to wherever we need to get! We know that regardless, again of anything in the past, our sales are easily exceeding the previous comp quarters and probably easily the comp year. But in my opinion, we’re not in business to sell two or $3 million worth of material, it is to sell two or $3 million worth of material and letting the whole industry (that is two gigantic industries), that already are looking to keep whatever business they have, let alone dominating both know who we are, and make us very rich, trying to buy what we have.
I’m not a hyper and I’m not a hater like you have on many of these social media message boards. I am an investor who is a little frustrated that I don’t yet own my house on the beach every time we go through winter, lol, but I know through luck I know about a company that has totally DISRUPTIVE TECHNOLOGY, that will dominate and I say multi billions, but if you do this across the world over time -trillions of dollars of business. I would never sell at two dollars as some here wish, because if we get to two dollars, it means the train has finally left the tracks and it is moving very fast.
searay2701
2 weeks ago
ProfitScout, with due respect, IVDN has had over one year in it’s coming out with statements that have brought nothing in the way of putting this company by now into a profitable position and it reflects on why this Company/Stock has drifted much lower since the days of winning that law suit. I have to agree with berigud, management needs to be replaced with some one who has the knowledge, ability, and youth to face the to day decisions quicker here, not to just roll along as if no other company could be bringing to market a higher quality product than IVDN’s present R 6 value Insultex in the not too distant future. Even the current market hanging in around the 40,0000 area has had no effect to move this IVDN higher.
ProfitScout
2 weeks ago
Since the high sales and revenue surge for the latest IVDN fiscal quarter has already been reported in the company's official news on April 10th, it is already a verified fact. As a fully reporting OTCQB listed equity, IVDN management is 100% accountable to the SEC for accuracy and truthfulness in everything they state in any public announcement. This includes press releases, the company website, Twitter (X) and the company filings. Real investors know this. Anonymous persons posting off-handed comments on chat boards have zero accountability to anyone and therefore zero credibility. Real investors know this too. There is plenty of verified and valuable information on the growing success of the IVDN business plan in the official news below.
Innovative Designs Vendor Growth
April 10, 2024
https://finance.yahoo.com/news/innovative-designs-vendor-growth-174255528.html
World International Patent Organization (WIPO) Application Accepted on Superior Insulation Advancement to Maximize Global Marketing Opportunities for Innovative Designs, Inc.
Dec. 27, 2023
https://www.newmediawire.com/news/world-international-patent-organization-wipo-application-accepted-on-superior-insulation-advancement-to-maximize-global-marketing-opportunities-for-innovative-designs-inc-7071640
LIG Assets, Inc. Announces Agreement With Insultex House Wrap
October 30, 2023
https://www.globenewswire.com/en/news-release/2023/10/30/2769422/0/en/LIG-Assets-Inc-Announces-Agreement-With-Insultex-House-Wrap.html
Innovative Designs Inc. Receiving Orders From Numerous New Client Accounts for Top Performing Insultex House Wrap With Unmatched R-6 Insulation Value
October 26, 2023
https://www.globenewswire.com/news-release/2023/10/26/2767843/0/en/Innovative-Designs-Inc-Receiving-Orders-From-Numerous-New-Client-Accounts-for-Top-Performing-Insultex-House-Wrap-With-Unmatched-R-6-Insulation-Value.html
Innovative Designs Adds New Accounts
October 2, 2023
https://www.globenewswire.com/news-release/2023/10/02/2752606/0/en/Innovative-Designs-Adds-New-Accounts.html
Innovative Designs, Inc. Receives $100,000 Direct Private Investment from Board Member Mr. Robert K. Adams
June 5, 2023
https://www.globenewswire.com/news-release/2023/06/05/2682134/0/en/Innovative-Designs-Inc-Receives-100-000-Direct-Private-Investment-from-Board-Member-Mr-Robert-K-Adams.html
Innovative Designs, Inc. Receives Significant New Orders for Its Unmatched Insultex House Wrap from Two Repeat Customers
June 1, 2023
https://www.globenewswire.com/news-release/2023/06/01/2680753/0/en/Innovative-Designs-Inc-Receives-Significant-New-Orders-for-Its-Unmatched-Insultex-House-Wrap-from-Two-Repeat-Customers.html
Innovative Designs Receives Patent for Propriety Process With Low Density Foam
April 20, 2023
https://www.globenewswire.com/news-release/2023/04/20/2651420/0/en/Innovative-Designs-Receives-Patent-for-Propriety-Process-With-Low-Density-Foam.html
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