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Innovative Designs Inc (PK)

Innovative Designs Inc (PK) (IVDN)

0.33
0.00
(0.00%)

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Key stats and details

Current Price
0.33
Bid
0.271
Ask
0.3699
Volume
-
0.00 Day's Range 0.00
0.001 52 Week Range 0.40
Market Cap
Previous Close
0.33
Open
-
Last Trade
Last Trade Time
Financial Volume
-
VWAP
-
Average Volume (3m)
12,635
Shares Outstanding
38,504,003
Dividend Yield
-
PE Ratio
132.00
Earnings Per Share (EPS)
-
Revenue
1.38M
Net Profit
97k

About Innovative Designs Inc (PK)

Innovative Designs, Inc. operates in two business segments; a house wrap for the building construction industry and cold weather clothing . Both segments products are made from Insultex, a low- density foamed polyethylene. Innovative Designs, Inc. operates in two business segments; a house wrap for the building construction industry and cold weather clothing . Both segments products are made from Insultex, a low- density foamed polyethylene.

Sector
Misc Fabricated Textile Pds
Industry
Misc Fabricated Textile Pds
Headquarters
Dover, Delaware, USA
Founded
-
Innovative Designs Inc (PK) is listed in the Misc Fabricated Textile Pds sector of the OTCMarkets with ticker IVDN. The last closing price for Innovative Designs (PK) was $0.33. Over the last year, Innovative Designs (PK) shares have traded in a share price range of $ 0.001 to $ 0.40.

Innovative Designs (PK) currently has 38,504,003 shares outstanding. The market capitalization of Innovative Designs (PK) is $12.71 million. Innovative Designs (PK) has a price to earnings ratio (PE ratio) of 132.00.

IVDN Latest News

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
10.08320.250.330.25198770.31436566CS
40.01253.937007874020.31750.350.19181980.3243436CS
12-0.02-5.714285714290.350.40.19126350.31836493CS
260.3285219000.00150.40.0015113840.28057701CS
520.185127.5862068970.1450.40.001114310.23216736CS
1560.110850.54744525550.21920.40.001144930.21289592CS
2600.02036.554730384240.30970.650.001165570.28450701CS

IVDN - Frequently Asked Questions (FAQ)

What is the current Innovative Designs (PK) share price?
The current share price of Innovative Designs (PK) is $ 0.33
How many Innovative Designs (PK) shares are in issue?
Innovative Designs (PK) has 38,504,003 shares in issue
What is the market cap of Innovative Designs (PK)?
The market capitalisation of Innovative Designs (PK) is USD 12.71M
What is the 1 year trading range for Innovative Designs (PK) share price?
Innovative Designs (PK) has traded in the range of $ 0.001 to $ 0.40 during the past year
What is the PE ratio of Innovative Designs (PK)?
The price to earnings ratio of Innovative Designs (PK) is 132
What is the cash to sales ratio of Innovative Designs (PK)?
The cash to sales ratio of Innovative Designs (PK) is 9.19
What is the reporting currency for Innovative Designs (PK)?
Innovative Designs (PK) reports financial results in USD
What is the latest annual turnover for Innovative Designs (PK)?
The latest annual turnover of Innovative Designs (PK) is USD 1.38M
What is the latest annual profit for Innovative Designs (PK)?
The latest annual profit of Innovative Designs (PK) is USD 97k
What is the registered address of Innovative Designs (PK)?
The registered address for Innovative Designs (PK) is 614 N DUPONT HWY, SUITE 210, DOVER, DELAWARE, 19901
What is the Innovative Designs (PK) website address?
The website address for Innovative Designs (PK) is www.innovativenyc.com
Which industry sector does Innovative Designs (PK) operate in?
Innovative Designs (PK) operates in the MISC FABRICATED TEXTILE PDS sector

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IVDN Discussion

View Posts
ProfitScout ProfitScout 10 hours ago
I expect IVDN to begin trading more vigorously when the up-listing to the higher OTCQB or OTCQX tier is completed. We know that is in process now from the statements made by IVDN management is recent announcements. The current OTC Pink level listing prevents many brokers and investors from trading the stock. The coming up-listing should resolve this issue.
👍️ 1
searay2701 searay2701 14 hours ago
Now we wait until mid September. At some point, year, this stock has to react one way or another from its non participation roll in this venture.
👍️0
Trooperstocks Trooperstocks 1 day ago
Great to see the $IVDN profit level has also increased to a new high for the Company’s history.
👍️ 2 💯 1 😎 2
ProfitScout ProfitScout 2 days ago
The IVDN fiscal third quarter runs May through July so we should see the financial filing by September 15th. The new CEO is doing a very good job of cleaning up the problems of the past as demonstrated by his filing of the fiscal second quarter report ahead of its due date, growing sales at an unprecedented rate, boosting production to meet the rising demand and working to up-list IVDN stock to a higher tier for better investor exposure and access. I believe he will take care of all the fundamental issues to make IVDN a winner for everyone involved.
👍️ 3 🙂 3
toddski toddski 2 days ago
Dilution last quarter was in the hundreds of thousands shares due to lacking cash flow and sales commissions. They needs to end or be severely reduced. I stand by my comment this is not a compelled buy until q3 10q is posted and shows a reduced accounts receivable and increased cash collected without further dillution. Still a good business. 
👍️0
ProfitScout ProfitScout 2 days ago
toddski, thanks for your thoughts. Dilution has not been an issue with IVDN in all of the company's history over 20 years. Even in the hardest times of the past, management has kept the share structure very low for the benefit of the long term shareholders.

You can see on the OTC Markets site that even today the OS remails at about 38 million with a float around 16 million: https://www.otcmarkets.com/stock/IVDN/security.
This is a very small share structure for an OTC listed company and should benefit shareholders when the stock starts to attract more buyers who recognize the emerging business success taking place now.
👍️ 2 😄 1
pitcook pitcook 3 days ago
Yes without those pretty colored pictures, the Financial world would never understand all of those letters and numbers.
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toddski toddski 3 days ago
Normally I'd be buying more of this after seeing their 10q but their uncollected accounts receivable concerns me. It added something like 400k to negative cash flow. Imo this is only a slam the table buy when they prove cash collection from their credit sales to their main distributor convert from credit into cash. I.e. After their q3 release if their uncollected credit sales increase significantly then this is not a buy at all. If that goes down and their cash position goes up, this is a slam the table type buy the ask. The real risk here is dillution from lack of cash collection. I agree this would be a great roll up for any of the big competitors. 3m, Dupont, etc. Just wait and be patient. 
👍️0
ProfitScout ProfitScout 3 days ago
Love the graphic charts that IVDN management is putting into the company announcement now. These clearly illustrate the scope of the company's very strong revenue growth now with easy comparison of corresponding quarters from the previous year.
$IVDN News: Innovative Designs Delivers Record Sales Growth and Highest Profitability Level to Date for First 6 Months of 2025 With 265% Increase Year-Over-Yearhttps://t.co/mhEYJuGG45 #Profitability #RevenueGrowth #HomeBuilding #Insulation #Construction #Insultex pic.twitter.com/oTsgcXERGK— Innovative Designs, Inc (Stock: $IVDN) (@riccelli_joseph) June 17, 2025
👍️ 3 😀 3
Dickmo Dickmo 3 days ago
Just a guess on my part, but I would estimate that the late filings have been a reason for the delay in upgrading to the QB. Now that the company has filed on time, I would expect an upgrade within a few weeks. I like what I am seeing. I am not concerned about whether something happens this month or next month. This company has the potential to be a very attractive acquisition for a major building supply company. If it takes three years to earn a nice premium price, that's fine with me. Just keep growing and improving operations.
👍️ 1
BlazingStocks BlazingStocks 3 days ago
Absolutely stellar $IVDN News!
👍️ 1
pitcook pitcook 3 days ago
Is this the whole PR or just the Cliffnotes? No comments ffrom the CEO, Sales Team, or future projections?
👍️0
Trooperstocks Trooperstocks 3 days ago
From Today's PR: "IVDN has now reported profitability for the past three trailing quarters. With this fiscal Q2 filing, the profit level has also increased to a new high for the Company’s history with over $240,000 in net income for the first 6 months of 2025 vs. a $41,000 loss at the same point in 2024."
👍️ 2 😎 2 ❤️ 1
greendolphin11 greendolphin11 3 days ago
Great PR!

Uplisting coming soon, IMO

After that, buckle up!

GD11
👍️ 3 😄 2
budfoxfun budfoxfun 3 days ago
$IVDN has now reported profitability for the past three trailing quarters. With this fiscal Q2 filing, the profit level has also increased to a new high for the Company’s history with over $240,000 in net income for the first 6 months of 2025 vs. a $41,000 loss at the same point in 2024.
👍️ 4 🚀 3
Trooperstocks Trooperstocks 3 days ago
$IVDN News: Innovative Designs Delivers Record Sales Growth and Highest Profitability Level to Date for First 6 Months of 2025 With 265% Increase Year-Over-Year

Jun. 17, 2025 8:30 AM ET Source: Innovative Designs Inc.


Innovative Designs Inc.

Superior and Patented Evacuated Cell Insulation Continues to Gain Homebuilding and Remodeling Industry Recognition With Rising Demand

PITTSBURGH, PA - June 17, 2025 (NEWMEDIAWIRE) - Innovative Designs, Inc. (OTC Pink: IVDN) has filed its financial report for the fiscal second quarter of 2025, ending on April 30th. The Company is pleased to report that continuing revenue growth has pushed the latest results well above previous projections, reaching $796,369 in fiscal Q2 (a 165% increase over fiscal Q2 of 2024). Total revenues for the first 6 months of 2025 reached $1,340,285 (a 265% increase over the total for the same period in 2024).

IVDN has now reported profitability for the past three trailing quarters. With this fiscal Q2 filing, the profit level has also increased to a new high for the Company’s history with over $240,000 in net income for the first 6 months of 2025 vs. a $41,000 loss at the same point in 2024.

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.insultexhousewrap.com and http://www.idigear.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 A. Riccelli Jr., CEO
412-799-0350
Riccellijjr@insultexhousewrap.com
http://www.insultexhousewrap.com

Built Link Solutions, LLC
Randy Kimbler, Director of Business Development
616-443-3200
RandyK@BuiltLinkSolutions.com
👍️ 5 💥 3 💯 2 🤩 1 ❤️ 1
pitcook pitcook 3 days ago
What possible reason has the paid PR company not put our such a great Quarterly report since Friday? At the least it should have been submitted before the market opened today. Maybe they are waiting until Thursday, when the market is closed??

Sounds like only an intentional sabatage, or total incompetence. I know at least a half a dozen potential new investors that have been waiting to read this, but have held back wondering what the heck reason is there not a PR?

The new CEO, and the sales team did such a great job in driiving sales, why not tell the invvestment world?
👍️0
pitcook pitcook 6 days ago
GD11 there are many reasons stocks are put on the Pink Sheets. 99% of them are reasons that I would not want to buy a stock that is there. Fortunately, the reason, and only reason this company is there is because the former CEO rarely, if ever had his quarterly fiduciary responsibly reports done on time for a publicly traded stock.

After quarter after quarter, and year after year, even with extensions never met, that’s what happened. I have multiple friends and associates who have been “educated“ about the properties of the Insultex house-wrap, and the evacuated cells technological properties in energy savings, that wanted to buy the stock, but their firms like Wells Fargo will not let them trade it.

CEO Joseph Junior is on top of it as we just saw with Q2 on time! It won’t be long till we’re back on the regularly traded board, and with proper publicity to those that really can make a difference in terms of new shareholders, the share price should be easily worth one or two dollars, and that’s just the start.
👍️0
toddski toddski 6 days ago
There is no warning sign from expert. There is a "Warning! This security is eligible for Unsolicited Quotes Only". That means the company has not successfully filed a form 211 to the SEC/FINRA. To do that, companies must work with a sponsoring broker dealer, normally as part of a share offering. Once they do that, the warning goes away and the company will trade either on QB or QX.
👍️0
greendolphin11 greendolphin11 6 days ago
Pitcook you're right

Main reason for lack of movement is pink sheet listing coupled with warning sign left over from expert market.

When the uplisting happens and the warning is removed, all the people who want to buy will now be able to.

Pair that with a full complement of MMs and the stock should break thru multiyear high at 40 cents.

Pretty much blue sky after that, it's been so long I can't give you a reasoned technical analysis

Buckle up

GD11
👍️ 3 😄 2
pitcook pitcook 6 days ago
Searay i’m actually starting to wonder why you’re still a shareholder? Quarter after quarter business is booming, profit has grown exponentially and you still wonder why the stock is not moving. As it has been told to you multiple times the main reason is.PINK SHEETS.

If you do understand that and you’re still concerned about the stock and the companies future, if you’re right, although I disagree, you should sell all of your shares while you could still get any money for them. I never tell people to sell their stock but after the greatest quarter in the company’s history, you find that nothing but negative. Bebye
👍 1
ProfitScout ProfitScout 7 days ago
Excellent to see that IVDN management has actually filed this latest financial report ahead of the June 15th due date. With this very positive report now officially posted, it is likely that the pending OTCQX up-listing will be cleared for approval soon.
👍️ 5 💯 2 😎 1 🙂 2 🤩 1
searay2701 searay2701 7 days ago
The reality today so far is that after this last financial release, the waiting here goes on now until the next release comes out, nothing in the report helped this stock’s price move into a newer higher level this morning, it still seems that this ticker has a long long ways to go in many aspects of this business, as The Going Concern Section of the release is clear as to the current position IVDN is in, only again, a lot more time seems to be needed to see if IVDN can keep mounting each quarter’s sales figures and keep expenditures down. JMOHO.
👍️0
Dickmo Dickmo 7 days ago
Revenue growth is excellent. Very happy to see this. Super excited to see the next two quarters. They should be even better as we are headed into peak construction season in the northern sections of the country.
👍️ 3 💯 2 😀 2
greendolphin11 greendolphin11 7 days ago
Continued Profitability!!
👍️ 2 😄 2
greendolphin11 greendolphin11 7 days ago
HUGE report!! Massive revenues!
👍️ 2 😄 2
Trooperstocks Trooperstocks 7 days ago
$IVDN - Total Revenue for the first six months of fiscal 2025 was $1,340,285 vs. $366,217 in the same period of 2024. Net Income was $240,390 which continues three trailing quarters of profitability to date.
https://otcmarkets.com/filing/html?id=18545268&guid=6wi-kq3bRvjSJth
$IVDN: The Company's fiscal second quarter financial report has been filed. Total Revenue for the first six months of fiscal 2025 was $1,340,285 vs. $366,217 in the same period of 2024. Net Income was $240,390 which continues three trailing quarters of profitability to date.…— Innovative Designs, Inc (Stock: $IVDN) (@riccelli_joseph) June 13, 2025
👍️ 2 💯 2 😀 1 😎 1
ProfitScout ProfitScout 7 days ago
$IVDN: The Company's fiscal second quarter financial report has been filed. Total Revenue for the first six months of fiscal 2025 was $1,340,285 vs. $366,217 in the same period of 2024. Net Income was $240,390 which continues three trailing quarters of profitability to date.
$IVDN: The Company's fiscal second quarter financial report has been filed. Total Revenue for the first six months of fiscal 2025 was $1,340,285 vs. $366,217 in the same period of 2024. Net Income was $240,390 which continues three trailing quarters of profitability to date.…— Innovative Designs, Inc (Stock: $IVDN) (@riccelli_joseph) June 13, 2025
👍️ 2 😀 2
searay2701 searay2701 7 days ago
Today’s release was classified as unaudited and as far as the first six months of IVDN’s business operation, in The Going Concern Section it states, “ These factors raise substantial doubt regarding the Company’s ability to continue as a going concern for a period of one year from the issuance of these condensed financial statements.” Yes we now are another month and thirteen days into the third quarter to add in but we still have a long way to go to get onto more solid ground. We have got to keep the expense department in check and make sure that payments for deliveries our product get paid to us in a timely manner. Thus the price of IVDN’s stock seems to be keeping all of these factors currently in check. JMOO. Everyone must do their own research to come up with their own decisions of whether to buy, hold, or sell any investments.
👍️0
pitcook pitcook 1 week ago
Another great quarter led by the new CEO. Anyone educated aboutIVDN and not buying at these stupid cheap share prices, before we get off of the Pink Sheets, does not understand the science of the Insultex!

Imagine what the share prices of Microsoft, Apple, and Tesla would be if they were the only ones that had their technology? They’re all great stocks in spite of hundreds or even thousands of other companies making their same devices.

Now in multiple multi-billion dollar categories, we are the only one that can make this material that saves energy, money and other things that are tremendously needed.

This literally is legal Monopoly, unless somebody can come up with a different technology that does not infringe on our patterns. Again, not buying all the stock share that you can, if you know about the power of the evacuated cells does not want to be rich.
👍️0
pitcook pitcook 1 week ago
FORM 10Q is out

https://www.otcmarkets.com/filing/html?id=18545268&guid=Uwi-kFgc13xzB3h
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pitcook pitcook 1 week ago
Well being on the pink sheets as great as the progress the new CEO is driving with greater sales, it would not be cost-efficient to spend a lot of money, promoting it, when major brokerage firms are not able to trade it.

Anybody that is taking the time being on this message board on such a completely esoteric company, should be pulling every dollar they could find to buy as much as they can, at these stupidly low share-price costs.
👍️0
searay2701 searay2701 1 week ago
Something is going on with this stock dropping down in price to $.25 on the sell side a few times lately but really no upside by now to at least $.50 and holding up around the $.50 area. IVDN is still small potatoes and without exposure folks are not taking notice of this company yet. JMOO
👍️0
searay2701 searay2701 1 week ago
For a stock that is suppose to currently have a lot going for it, it is behaving very strangely as time moves along.
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toddski toddski 1 week ago
Has anyone called or emailed with management here? Who have you emailed or called? I have a number of questions and comments to go through with management. Already emailed Junior, no response yet.
👍️0
ProfitScout ProfitScout 2 weeks ago
Right now IVDN shareholders can look forward to seeing the company file its official fiscal second quarter financial report which will be another record breaking revenue growth event, as we have already been told in the May 20th IVDN news. We should also soon see the company up-listing to OTCQX tier completed.

From the news:

Joseph A. Riccelli Jr., CEO of Innovative Designs, stated, "Insultex House Wrap(R) is taking its place as a product of choice by more and more homebuilders and remodelers. The continuing record results in our revenue growth clearly illustrate this trend. We expect to be filing our official fiscal second quarter financial report within the next 30 days with finalized numbers, but at this time, we can confidently project at least the record totals cited above which will put IVDN well on a path to its best year ever in 2025. To support this strong sales growth rate, we are still working to boost "Insultex House Wrap(R) production levels from our US-based facilities in Massachusetts and other locations. Additionally, we are anticipating having IVDN stock uplisted to the higher OTCQX tier in the near term as we have completed all steps necessary for this advancement."

Source: Innovative Designs Projects Over 150% Increase in Fiscal Second Quarter Sales Results vs Previous Year, Continuing Multiple Quarters of Profitability
May 20, 2025
https://www.newmediawire.com/news/innovative-designs-projects-over-150-increase-in-fiscal-second-quarter-sales-results-vs-previous-year-continuing-multiple-quarters-of-profitability-7080745
👍️ 2 🔥 1 🙂 1
searay2701 searay2701 2 weeks ago
IVDN being into its eight month of its 2025 business year and nothing has still proven to put a dent into moving this ticker up. It has always been wait for this, wait for that and the shareholder’s still sit where they have been for years, on the ground floor waiting for their investment to have proven the worthiness of just WAITING for something to really make a change here monetarily.
👍️0
toddski toddski 2 weeks ago
It's the form 211 I mentioned in my post. 
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searay2701 searay2701 2 weeks ago
Why, when getting information from The OTC Market Website, the Warning sign shows up and it states that The IVDN ticker is only eligible for unsolicited trading? For a stock that has had the kind of background for so long, it has gone nowhere for soooo long, we need heavy exposure and, bu now, SOON!
👍️0
toddski toddski 2 weeks ago
Yes there are a myriad of things that could go wrong here. However, I do not see the hallmarks of fraud. None of the management has been associated with fraud that I could find. They have been pretty stingy on giving out shares. And insiders have bought shares between 20-25 cents. This is a pink sheets stock without a 211 form filed with FINRA/SEC. They are not SEC filing either. They have a lot of work ahead of them and it all starts with a PCAOB audit. I believe they are doing that right now. These things take time and don't be surprised if there are delays. At a minimum, you don't have to worry about toxic debt with this ticker, and dilution is quite minimal. Assuming their sales are the $750k stated, that would put this at a fwd PE of around 12. That is dirt cheap for a rapidly growing company. If they can show continued growth without excessive backlog, this is going to get bought out in the dollars range. Just need patience, which is not easy. The stock will break through the historical high and be off to the races once institutions can buy in. I do see a significant Ask on level 2 from OTCN, but its higher than the current best ask. Normally those are associated with dilutions. Will need to wait and see.
👍️ 2
searay2701 searay2701 2 weeks ago
Todd ski, thank you for your researching and putting it on this board for the rest of us to view. Now, the question is, why is this stock having a hard time in making a new current high.if we do not see a new high in this stock’s pricing right after the next financial release comes out then we will know that something is not right here. JMOO. GO IVDN
👍️0
toddski toddski 2 weeks ago
If anyone's interested, here is the second case in whole. It's pretty fascinating stuff. Apparently IDI used a standard ASTM test setup but modified it with two 3/4" air gaps. I'm a little surprised the FTC lost because all the test methods their experts used were less than R1. Then again, their expert didn't even test the whole completed Insultex product. There are three layers and their expert was just testing the individual components. It also says here that the FTC's expert was actually IDI's expert in the previous trial, LOL. They striked out his testimony. So weird.

The Court further finds that Dr. Mavrokefalos’s testimony is not credible. As stated, he was previously IDI’s expert. (Docket No. 110). He initially took the position that IDI had the Rvalues it claimed. (Id.) Despite being IDI’s paid expert, Dr. Mavrokefalos only began to investigate IDI’s claims after being confronted with the FTC’s rebuttal experts’ reports a year later. (Docket No. 190 at 10; 10/30/18 Mavro Dep. Tr. 27:6-28:7). Prior to this, he never considered that BRC’s testing apparatus might be problematic, looked carefully at the results he had been given, or conducted his own testing. See (Docket No. 190); see Finneman v. SEPTA, 308 F. Supp3d 855, 858 (E.D. Pa. 2018) (internal citations and quotations omitted). Thus, the Court finds his testimony unworthy of belief.

https://www.govinfo.gov/content/pkg/USCOURTS-pawd-2_16-cv-01669/pdf/USCOURTS-pawd-2_16-cv-01669-7.pdf
👍️0
toddski toddski 2 weeks ago
This is crazy. The FTC sued this company twice arguing that the insultex wrap does not have R6 insulation value. The FTC ended up losing twice and had to pay IVDN $260k to close the case.

NOTE 14 – LEGAL PROCEEDINGS

On November 4, 2016, the Federal Trade Commission (“FTC”) filed a complaint against the Company in the U.S. District Court Western District of Pennsylvania, Case number 16-1669. In the complaint, the FTC alleges that, among other matters, the Company did not have substantiation of claims made by the Company regarding the R value and energy efficiency of its INSULTEX house wrap products. The complaint asks to redress a rescission of revenue the Company received from the sale of the house wrap and a permanent injunction. On September 24, 2020, a judgment was entered in favor of the Company as to all claims set forth in the FTC complaint. It was further ordered that as there were no remaining claims in the action the case shall be marked as closed

On November 23, 2020, the Company was informed that the FTC had filed a notice of appeal in regard to the case. The appeal is from the District Court’s September 24, 2020, Order granting the Company’s Motion for Judgment on Partial Findings Pursuant to Fed. R. Civ. P. 52(c) and subsequent Judgment in favor of the Company and from the District Court’s February 14, 2020, striking Dr. David Yarbrough’s expert testimony made on behalf of the FTC. The FTC filed its appeal and on March 24, 2021, the Company filed its answer.

On July 22, 2021, the Registrant was informed that the U.S. Court of Appeals for the Third District affirmed the District Court’s ruling in favor of the Registrant. The ruling was in connection with the FTC complaint filed against the Registrant in November 2016, alleging, among other matters, that the Registrant did not have substantiation for claims made by the Registrant regarding the R-value and energy efficiency of its INSULTEX house wrap products.

In November 2021, in connection with the FTC litigation, the Company filed an application for attorney fees, expenses and cost in the U.S. District Court for the Western District of Pennsylvania, Case No.2:16-cv-01669-NBF. On June 29, 2022, a settlement order was signed by the Court. Pursuant to the Order, the FTC paid the Company $260,000 to resolve all such claims. The parties agreed to waive all rights to appeal or otherwise challenge or contest the validity of the Order.

As of January 31, 2025, there are no additional or current legal proceedings.
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toddski toddski 2 weeks ago
Nobody selling to the bid. Company is not diluting at all, in fact insiders have bought shares at 20 cents recently. Fully profitable with net income. Uplisting to OTCQX after audit. This is pink sheets GARP (growth at a reasonable price). Only way to get more shares is if existing shareholders get bored or lose interest seems like.
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ProfitScout ProfitScout 2 weeks ago
IVDN will be available to more stock buyers when the OTCQX up-listing is completed and that is in process now, per the company's latest announcement on May 20th. Even so, there was some nice buying here today with over 42,000 volume and all trades executed on the ask prices.

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toddski toddski 2 weeks ago
If wall street could buy this, they would be pushing it up past 5 dollars once the real growth kicks in. What we need to hear is that they bought another machine or expanded capacity to meet growing demand. Longterm the share price really depends what the family owners want to do. The son seems reasonable and capable of handling the growth. 
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Mr Stock pick Mr Stock pick 2 weeks ago
Agree with the post in general disagree with your valuation, I’m a bit more optimistic :)
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toddski toddski 2 weeks ago
This is a no brainer buy. Made in America, R6 rated thin house wrap. Patent protected. Company will like be bought out for $1+ in 2 to three years. 
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searay2701 searay2701 2 weeks ago
Whatever happened to the conference call we were supposed to have had by now, sure hope that we get a really good legal report, as reported to The Sec on The OTC Website when it comes out.
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Trooperstocks Trooperstocks 3 weeks ago
$IVDN: Increasing Recognition of Superior and Patented Evacuated Cell Insulation as the Best Option in Homebuilding Driving Ongoing Record Sales
https://newmediawire.com/news/innovative-designs-projects-over-150-increase-in-fiscal-second-quarter-sales-results-vs-previous-year-continuing-multiple-quarters-of-profitability-7080745 #Homebuilding #Insulation #Patents #BuildingCodes #Construction #Insultex #Profitability #SalesGrowth

$IVDN: Increasing Recognition of Superior and Patented Evacuated Cell Insulation as the Best Option in Homebuilding Driving Ongoing Record Saleshttps://t.co/wSf4Y9gDP8 #Homebuilding #Insulation #Patents #BuildingCodes #Construction #Insultex #Profitability #SalesGrowth pic.twitter.com/jx7ELU56B2— Innovative Designs, Inc (Stock: $IVDN) (@riccelli_joseph) June 2, 2025
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