pitcook
1 week ago
As devastating as the fake lawsuit was an attempt to put us out of business, and once again credit to the former CEO, literally putting his house up to pay for the legal bills. The simple fact that we beat the Federal Trade Commission, which should be one of our greatest claims proving that are material is the real deal. Of course with no real PR leading the way on media that you need to actually spend money to have access to, the share price is what it is as this is still an esoteric company. One article in an industry trade site, or one commercial on the business channels would do more than has been done in all the previous years combined.
We see from the share price that these stupid old copy and paste on this social media website is 100% meaningless, and that is what some PR company that is paid to promote the company does instead , that is like stealing from the company
searay2701
1 week ago
It is taking much more to move this stock much higher whereby many other small companies, if they were in the same situation with their revenues increases such as IVDN has been doing, would have seen their stock price much higher by now but because of the past here with the law suit etc, more caution is taking place here. All we need is to see revenues keep riding much higher and higher for this current full year of 2025 and well into next year, then I believe with both increased exposure and long term revenue increasing will come the belief in many folks that this company is well on itโs way to really rewarding itself and those who will have hung in here for the duration. JMOO. Everyone must do their own DD to come up with their own decisions whether to hold, buy, or sell any investment.
ProfitScout
1 week ago
Yes, greendolphin, we have already been told in the latest public announcement from IVDN management that the company's 2nd quarter results for the 2025 fiscal year will be the best we have ever seen. You are correct, as usual. Everyone should review this news to be sure they are up to date:
Over $1 Million in Revenue With Continued Profitability Projected in the First Half of 2025 for High Demand Product in the Homebuilding Sector from Innovative Designs, Inc. (IVDN)
IVDNโs Leading Distributor, Built Link Solutions, is Delivering Increasing Order Flow for Superior Evacuated Cell Home Insulation Product
News Link: https://www.newmediawire.com/news/over-1-million-in-revenue-with-continued-profitability-projected-in-the-first-half-of-2025-for-high-demand-product-in-the-homebuilding-sector-from-innovative-designs-inc-ivdn-7080224
PITTSBURGH, PA - April 1, 2025 (NEWMEDIAWIRE) - Innovative Designs, Inc. (OTC Pink: IVDN) is now able to project that the company will hit another revenue growth milestone, reaching over $1 million in sales revenue for the first two quarters of its fiscal 2025 year which ends on April 30th. This successful trend is also projected to continue the Innovative Designs status as a profitable company which was achieved for the first time at the end of the 2024 fiscal year.
Sharply rising demand for the superior and patented Innovative Designs Insultex House Wrapยฎ, is being fueled by new government building codes calling for continuous insulation and exterior R-Value requirements. For new construction, Insultex House Wrapยฎ, adds an R-6 moisture barrier membrane that does not need additional insulation boards or other support as with other products from our competitors. This makes Insultex House Wrapยฎ, the best overall insulation house wrap choice available on the market today. For full details be sure to visit: http://www.insultexhousewrap.com.
Much of the rapidly growing sales success Innovative Designs is now receiving can be credited to our leading Distributor, Built Link Solutions, LLC. As part of their active and very effective marketing program, the Built Link Solutions team has exhibited at multiple trade show events in the past months, presenting Insultex House Wrapยฎ to a wide range of homebuilding professions and building materials suppliers at every level. Randy Kimbler of Built Link Solutions stated, โWe are receiving daily calls and emails from builders and materials suppliers looking for a solution to the new R-5 Continuous Insulation requirement for many states. We can now resolve this increasingly important issue with Insultex House Wrapยฎโ.
Joseph A. Riccelli Jr., CEO of Innovative Designs, commented, โWe have 2025 off to unprecedented growth in the entire history of our Company. We are extremely pleased with the escalating order flow for our superior performance vacuum cell Insultex House Wrapยฎ product and, of course, must extend our acknowledgement to Built Link Solutions for becoming our leading product distributor. With about one month to go in our fiscal 2nd quarter we are now able to project reaching the impressive $1 million revenue tier for the first half of our fiscal 2025 year and continued profitability for the three trailing quarters. We can also project increased sales and revenue growth in the quarters ahead considering the strong customer response and market trends we see developing. To support this growth, we are moving forward with plans to step up manufacturing and shorten delivery times from our production facilities in Massachusetts and other locations. Everyone on our team is delivering the most positive results for Innovative Designs this year."
About Innovative Designs, Inc.
Innovative Designs, Inc. manufactures the Insultexยฎ House Wrap and Arctic Armorยฎ Line, under the "i.d.i.gear" label featuring INSULTEXยฎ. Patented INSULTEXยฎ 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
pitcook
2 weeks ago
Searay this once again is the proverbial - - - if a tree falls in the forest and nobody hears โ โ โ
Under the guise of a new CEO, everything is trending upwards in a major significant way;
Sales Profitability, additional companies that can finalize our material, etc. etc,
To your point any company properly promoted in a professional way needed for the financial world, would have the stock at least at $1.50 and that is probably conservative. The PRโs obviously are not going to where it would have the greatest impact, additionally in trade industry specific sites. Whatever is going on now this is as meaningless as the people that daily copy and paste, old news and โlikeโ each otherโs comments, as if theyโre all working for the same company. Nothing shows that you are not just an interested shareholder, as liking your own comments two times every time you post. There must be some incentive financially for that embarrassing behavior.
Obviously, nobody follows this site other than people that already own the stock. Watching CNBC, as I am typing this and see commercial after commercial promoting new startup companies that nobody knows about, and you see within the short time the stocks are exploding higher.
ProfitScout
2 weeks ago
Keep in mind what the current CEO, Joseph Riccelli, Jr. told us in March about getting better recognition for the company's growing success story and the important steps he is taking to ensure that it will translate to higher pps valuations for shareholders, going forward.
From the March 24th news:
Joseph A. Riccelli Jr., CEO of Innovative Designs, commented, "The financial success that Innovative Designs has reached at this point with the growing performance recognition and successful sales of our unmatched Insultex House Wrap(R), is extremely gratifying. However, we will not be satisfied until the investment community also begins to share in this recognition. To this end, we are now in the process of upgrading the listing status for IVDN shares from the current OTC Pink tier to the higher OTCQB level. This process requires meeting considerable accountability standards as well as making detailed applications and filings which are all being attended to at this time. Additionally, plans are still being made for our upcoming shareholder's meeting which will be an interactive online event designed to better inform the investment community about all that Innovative Designs is delivering, with earnings projections for the balance of 2025 and beyond. I am very much looking forward to hosting this important event. Specific details will be announced soon."
Source:
https://www.newmediawire.com/news/innovative-designs-inc-fiscal-first-quarter-results-deliver-over-a-700-increase-in-comp-sales-eclipsing-all-first-quarter-results-by-largest-margin-in-company-history-7080049
searay2701
2 weeks ago
Any mention yet of when that conference call is to take place, we have twenty one days left until the end of this month. By the way, it would clarify things 100% if whoever, whether it be Sr. or Jr., makes a statement of any kind from IVDN, that the St. or Jr. is indicated at the closing of a statement. Yes, we can also guess, assume who it is but it would leave no question in reference to which person it is. Come on it is time to move this stock upward and really onward being it is at itโs best revenue generating time ever in itโs history. JMOO
budfoxfun
2 weeks ago
Joseph A. Riccelli Jr., CEO of Innovative Designs, commented, "We have 2025 off to unprecedented growth in the entire history of our Company. We are extremely pleased with the escalating order flow for our superior performance vacuum cell Insultex House Wrap(R) product and, of course, must extend our acknowledgement to Built Link Solutions for becoming our leading product distributor. With about one month to go in our fiscal 2nd quarter we are now able to project reaching the impressive $1 million revenue tier for the first half of our fiscal 2025 year and continued profitability for the three trailing quarters. We can also project increased sales and revenue growth in the quarters ahead considering the strong customer response and market trends we see developing. To support this growth, we are moving forward with plans to step up manufacturing and shorten delivery times from our production facilities in Massachusetts and other locations. Everyone on our team is delivering the most positive results for Innovative Designs this year."
ProfitScout
3 weeks ago
Searay, both former CEO Joseph Riccelli, Sr. and his son, the current CEO, have the same name. Sometimes the current CEO lists his name as Joseph A. Riccelli or Joseph Riccelli, Jr and sometimes not. The father does not always use Sr. as part of his name either. It means nothing, of course. Any new changes in management would be covered in official company filings as we have seen previously. No such filings have bee made in 2025. Any good investor would know this.
searay2701
3 weeks ago
pitcook, it looks like the older Riccelli is back, in the contact on 4/07/2025, it states messages coming from Riccelli Jr. but at the end it states Contact Name Joseph Reccelli CEO, no Jr. implied there, another guesswork in process for the readers. As long as we see, going forward, the continuing increase in revenues coming in and things being expedited quickly as possible, plus see the trading of this stock trade keep trading a little more each day, we will be in good shape. JMOO
ProfitScout
3 weeks ago
I agree, greendolphin. This new IVDN feature article nicely showcases the company's developing success story up to the latest developments and explains why Insultex House Wrap sales are taking off so strongly now. Cheers.
From the article:
Sharply rising demand for the superior and patented IVDN Insultex House Wrapยฎ, is being fueled by new government building codes calling for continuous insulation and exterior R-Value requirements. Much of the sales success IVDN is now receiving can be credited to leading Distributor, Built Link Solutions, LLC. As part of their marketing program, Built Link Solutions has exhibited at multiple trade show events in the past months, presenting Insultex House Wrapยฎ to a wide range of homebuilding professions and building materials suppliers at every level.
Joseph A. Riccelli Jr., CEO of IVDN, commented, "We have 2025 off to unprecedented growth in the entire history of our Company. We are extremely pleased with the escalating order flow for our superior performance vacuum cell Insultex House Wrapยฎ product and, of course, must extend our acknowledgement to Built Link Solutions for becoming our leading product distributor. We are now able to project reaching the impressive $1 million revenue tier for the first half of our fiscal 2025 year and continued profitability for the three trailing quarters. We can also project increased sales and revenue growth in the quarters ahead considering the strong customer response and market trends we see developing. To support this growth, we are moving forward with plans to step up manufacturing and shorten delivery times from our production facilities in Massachusetts and other locations.โ
ProfitScout
3 weeks ago
$IVDN Feature Article: $1 Million Milestone & Continued Profitability Projected for First Half of 2025 with Accelerating Sales for Key Supplier in Multi-Billion Homebuilding Industry: Innovative Designs, Inc. (Symbol: IVDN)
By: Get News
April 07, 2025 at 16:46 PM EDT
Link:
https://markets.financialcontent.com/streetinsider/article/getnews-2025-4-7-1-million-milestone-and-continued-profitability-projected-for-first-half-of-2025-with-accelerating-sales-for-key-supplier-in-multi-billion-homebuilding-industry-innovative-designs-inc-symbol-ivdn/
From the article:
$IVDN New Board Member for Superior Insulation Maker has Ties to Industry Leaders Including D.R. Horton $DHI, Ryan Homes $NVR and More / Super Small Share Structure with Only 38 Million OS / 16 Million Float
Sole Maker of Patented Insultexยฎ Insulation Delivering Construction Cost and Energy Saving Performance Superior to All Competition.
Unique Evacuated Cell House Wrap Material Provides an Unmatched R-6 Rating, Water Vapor, Air & Wind Barrier and Other Important Advantages.
Over $1 Million in Revenue with Profitability Projected in the First Half of 2025.
Fiscal First Quarter Results Deliver Over a 720% Increase, Largest Percentage Revenue Growth in Company History.
Profitability Reached for First Time at Fiscal 2024 Year-End on Almost 300% Revenue Increase vs. Previous Year.
New Government Building Codes Require Continuous Insulation with Higher Performance. IVDN Meets or Exceeds These Standards Where Many Competitors Now Do Not.
Increased Order Fulfilment Capabilities with Plans for Further Enhancement to Handle Strongly Increasing Demand.
Process Underway for Uplisting to OTCQB Tier.
New Board Member is Experienced Real Estate Developer with Relations to Top Homebuilding Names Including D.R. Horton, NVR / Ryan Homes and More.
ProfitScout
3 weeks ago
We are getting really nice updates from the new CEO of IVDN which include projections of accelerating order flow for the company's superior Insultex House Wrap product in 2025. Great to see that the production facilities in Massachusetts and new locations being added are now getting set up to deliver the IVDN product in greater quantities and at faster rates to meet the strongly rising demand.
From this week's IVDN news:
Joseph A. Riccelli Jr., CEO of Innovative Designs, commented, โWe have 2025 off to unprecedented growth in the entire history of our Company. We are extremely pleased with the escalating order flow for our superior performance vacuum cell Insultex House Wrapยฎ product and, of course, must extend our acknowledgement to Built Link Solutions for becoming our leading product distributor. With about one month to go in our fiscal 2nd quarter we are now able to project reaching the impressive $1 million revenue tier for the first half of our fiscal 2025 year and continued profitability for the three trailing quarters. We can also project increased sales and revenue growth in the quarters ahead considering the strong customer response and market trends we see developing. To support this growth, we are moving forward with plans to step up manufacturing and shorten delivery times from our production facilities in Massachusetts and other locations. Everyone on our team is delivering the most positive results for Innovative Designs this year."