ProfitScout
6日前
IVDN's rapidly growing success story with the unmatched Insultex House Wrap product is clearly being reflected by what is happening right now in the homebuilding market (and much more to come when the new certification program is completed). It's only a matter of time for this growing success to translate to the IVDN stock price for investors who are well informed and have the proper investing discipline.
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Randy Kimbler, Director of Business Development for Built Link Solutions, stated, "The reaction to Insultex House Wrap® we are receiving in our nationwide marketing campaign to builders and building material suppliers is exceptionally enthusiastic as they gain a better understanding of the valuable advantages this unique product delivers in terms of performance, ease of installation and overall cost effectiveness. Compliance with new building codes in more US states is also becoming an increasingly important factor in favor of Insultex House Wrap® demand and we are currently gaining customers in multiple new states that we had not seen previously. However, the greatest gain we have realized is in the remodeling space. We are being told by these builders how Insultex House Wrap® is a truly great way to add value to a project for the homeowner that will deliver significant energy cost savings. Weather issues did cause a delay in this year's spring building season but our sales activity has notably stepped up in the past few weeks."
searay2701
6日前
berigud, So far, and it seems to be a long so far, you are right, after 24 years and still treading water here with IVDN’s stock pricing, we need a new real driving force management here, considering taking inflation into account, we have actually gone nowhere but backwards as far as this stock’s price is concerned.
berigud
6日前
After over 20 years with this new "revolutionary" product, IVDN has less than 1% of the housewrap market, less than 1% of the cold weather clothing market, less than 1% of the swim wear market, and less than 1% of the camping equipment market.
Nothing is going to happen to the stock price until the Riccelli's are gone from running this company. Smart money does not invest in incompetence. 20 plus years as a Mickey Mouse company under the same management. Please, please, please, Joey step aside or sell the company.
searay2701
7日前
ProfitScout, you have had and do have a good handle of what is what with IVDN. We all need to see a real stock price breakout here to the upside with it holding up in new territory, that would probably get many a person’s attention as it has been so long in the foundation work going on, thereby currently leaving the door still open as to if and when IVDN’s stock price this time, after many years, will definitely be at much higher prices in the future.
ProfitScout
7日前
Some nice trades in IVDN today lifting the stock as high as .39 in quick order. With the low float of only 17 million, IVDN moves up easily when buyers are picking up shares at the ask prices. As more of the investing world becomes aware of the strong business growth story developing here we should only see demand for IVDN shares increasing.
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IVDN Recent Trades - Last 10 of 11
Time ET Ex Price Change Volume
15:49:51 Q 0.32585 -0.01985 1,000
15:17:51 Q 0.34 -0.0057 7,000
15:16:58 Q 0.38 0.0343 6,975
15:16:54 Q 0.38 0.0343 1,025
15:16:47 Q 0.312 -0.0337 2,090
15:15:51 Q 0.35 0.0043 1,200
15:15:51 Q 0.39 0.0443 1,200
15:15:50 Q 0.38 0.0343 3,000
15:15:49 Q 0.332 -0.0137 5,300
15:15:49 Q 0.36 0.0143 5,300
searay2701
2週前
berigud, good questions. One thing for sure here, IVDN is one heck of a repetitive business situation in nowhere near having enough revenues yet to move this stock up to any decent level and hold it up there, too slow in getting this operation to where it needed to be a long time back, and fairly still slow currently. Why have they not received permission to release the names of those 150 locations and where they are, it would be additional advertising for those locations to be getting more business. It always seems to take IVDN too long to get its house moving quick enough in one direction when some other contingency snags up more time, slows the process down, giving more time to a larger company to strike with the next phase in the same industry.
ProfitScout
2週前
$IVDN News: Innovative Designs, Inc. (IVDN) Reaches Seven Trailing Quarters of Profitability on the Strength of Fiscal Q2 Revenue Growth as Superior Vacuum Cell Home Insulation Continues to Gain Wider Customer Base
Fiscal Q2 Will Be the Second Highest Quarterly Revenue in Company History.
Only the 2nd Time the $800K Revenue Level Has Been Broken in Any Quarter.
Sales Accelerating Due to Wider Customer Base Growth Across Multiple Regions.
Over 150 Retail Locations Engaged to Date and More Coming Aboard Every Week.
Independent Laboratory Certification Program Proceeding Well and On-Track.
Year-to-Date Sales Total Over $1.5 Million at Present.
PITTSBURGH, PA - May 26, 2026 (NEWMEDIAWIRE) - Innovative Designs, Inc. (OTCQB: IVDN) closed its fiscal second quarter for the period ending April 30th with accelerating revenue growth and continued profitability, now extending to seven (7) trailing quarters. As a result, IVDN management can project that fiscal 2026 Q2 revenues will be reported as the second highest in Company history and only the 2nd time breaking the $800K level in a quarter. Sales accelerated towards the end of Q2 for an exceptionally strong finish after a slower start due to harsh winter weather that inhibited many building projects at the start of the year. At this point, IVDN has reached the $1.5 million revenue level for the 2026 fiscal year which still has two quarters to go.
The Company's flagship product, Insultex House Wrap® continues to gain a widening customer base with over 150 retail locations now actively selling the product and more coming on board every week. Insultex House Wrap® meets or exceeds new government building codes specifying continuous insulation and exterior R-Value requirements. For new construction, Insultex House Wrap® adds an R-6 moisture barrier membrane that does not need additional insulation boards or other support as with competitor products. For full product specifications and details visit: http://www.insultexhousewrap.com.
Additionally, the Insultex® independent laboratory testing program, contracted for with BRC Laboratories, a qualified independent testing company, has progressed on schedule and with all positive results to date. The purpose of this program is to allow Insultex® to qualify for the requirements of a much wider range of building applications and projects of larger scale. IVDN and its marketing representatives have received indications from some of the largest names in the homebuilding industry that once the new independent certifications are in-hand there will be interest in substantially larger integration of Insultex House Wrap® into their larger and higher value building projects.
Randy Kimbler, Director of Business Development for Built Link Solutions, stated, "The reaction to Insultex House Wrap® we are receiving in our nationwide marketing campaign to builders and building material suppliers is exceptionally enthusiastic as they gain a better understanding of the valuable advantages this unique product delivers in terms of performance, ease of installation and overall cost effectiveness. Compliance with new building codes in more US states is also becoming an increasingly important factor in favor of Insultex House Wrap® demand and we are currently gaining customers in multiple new states that we had not seen previously. However, the greatest gain we have realized is in the remodeling space. We are being told by these builders how Insultex House Wrap® is a truly great way to add value to a project for the homeowner that will deliver significant energy cost savings. Weather issues did cause a delay in this year's spring building season but our sales activity has notably stepped up in the past few weeks."
Joseph A. Riccelli Jr., CEO of Innovative Designs, commented, "We anticipate filing our official 2026 fiscal second quarter financial report on time for its June 15th requirement. We are very pleased that this filing will extend the developing IVDN success story to seven straight quarters of profitability so far and deliver the 2nd highest quarterly revenue total in all of the Company's history. Sales continue to come in strongly as we are now in our fiscal third quarter and we are shipping larger orders on an accelerating schedule. In anticipation of further demand surges from the increasing market awareness for Insultex House Wrap® and the upcoming new independent certification process, our management and manufacturing teams have been working to increase production rates and build on-hand inventory levels. We expect the balance of 2026 to set new record sales growth that IVDN has never before experienced."
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
News Link: https://www.newmediawire.com/news/innovative-designs-inc-ivdn-reaches-seven-trailing-quarters-of-profitability-on-the-strength-of-fiscal-q2-revenue-growth-as-superior-vacuum-cell-home-insulation-continues-to-gain-wider-customer-base-7086882
searay2701
3週前
Now in our seventh month of 2026, the 24th year of IVDN being in business and this stock is still trading, today with a 61,0000 shares sold and 1,000 shares bought, still just about four months gone by with no completion of the current Certification process. Come on now, yes we have seen our revenues increase but this stock has done nothing in advancing and staying at a better level showing so far what the real belief is here, it has been just the churning of stock here, day after day, week after week, month after month year after year,
searay2701
1月前
Does anyone know, when management gave the current job of certifying for IVDN to The Certification Company if that Company stated approximately how long it would take to give IVDN’s management the results, a couple of months, a year, two years etc? The longer it takes, the harder it will be to hold this stock’s price where it is currently and the longer it will take to get us moving on a faster more solid pace in this industry.
ProfitScout
2月前
IVDN has turned he corner into a success story with 6 straight quarters of profitability and an increasingly strong revenue growth rate, but this is just the beginning. As we know from the updates in the company news, Insultex is right now in the process of being certified to qualify for applications in much larger building projects and by users representing some of the most important names in the homebuilding industry. This is an upcoming landscape changing event which can dramatically sharpen the trajectory of IVDN sales growth. Well informed investors here have the advantage to accumulate and hold large positions that can return the greatest rewards.
Latest update: Innovative Designs, Inc. (IVDN) Reports Record Q1 Sales Results on Superior Homebuilding Product Sales Growth With Profitability Extending to 6 Straight Quarters
Record Sales Booked for Fiscal 2026 Q1, Best in Company History
Profitability Now Extending for 6 Trailing Quarters.
Independent Lab Testing Working Towards Recertification of New Testing Machine
Production Increase Plans to Meet Rising Product Demand.
PITTSBURGH, PA - March 19, 2026 (NEWMEDIAWIRE) - Innovative Designs, Inc. (OTCQB: IVDN) has now filed its fiscal first quarter financial report delivering continued record breaking sales results. Total revenues for the period ending on January 31st reached $632,201 exceeding the 2025 first quarter total which had previously been the best Q1 in company history. The number of retail customers has increased substantially over the past year as more homebuilders and remodelers are discovering the unmatched advantages of our patented evacuated cell Insultex House Wrap® product line which is unique in the marketplace.
IVDN also reported a rising cash position of over $721,372 at the fiscal first quarter end with no long term or convertible debt on the books. This improved financial position is allowing continued expansion of operations and marketing growth plans. The IVDN outstanding share count is still only about 38 million, reflecting management's commitment to protecting and enhancing long term shareholder value.
Also, of very significant importance, progress is proceeding for the new Insultex® independent laboratory testing program begun in December, 2025. IVDN management has contracted BRC Laboratories, a qualified independent laboratory testing company, to complete the process of obtaining renewed high level product certifications for Insultex House Wrap®. The process of obtaining all necessary certification of testing apparatus. The purpose of the updated testing and certifications is to allow our advanced Insultex® product to qualify for the needs of a much wider customer base and projects of significantly larger scope. Multiple larger users have indicated that this achievement will be of high interest to their future plans for Insultex House Wrap® in major building applications.
Insultex House Wrap® is currently fulfilling a key role in the current homebuilding market because it meets or exceeds new government building codes specifying continuous insulation and exterior R-Value requirements. For new construction, our patented and unique evacuated cell Insultex House Wrap®, adds an R-6 moisture barrier membrane that does not need additional insulation boards or other support as with other products from competitors. This makes Insultex House Wrap®, the best overall insulation house wrap choice available on the market today. For full product specifications and details visit: http://www.insultexhousewrap.com.
Joseph A. Riccelli Jr., CEO of Innovative Designs, commented, “Our fiscal 2026 first quarter financial report has been filed with the highest ever Q1 results in the history of Innovative Designs. The strong sales growth trajectory we are on, in conjunction with our top performing sales agency Built Link Solutions, continues to add to our record success with six trailing quarters of profitability now officially delivered. I am looking forward to seeing the results of all the amazing and hard work Built Link Solutions has put into the shows and expos over the last couple of months.”
Randy Kimbler, Director or Business Development for Built Link Solutions, distributor for Insultex House Wrap states “We have had a better than expected show season prior to the 2026 building season. We met with most of the major building material suppliers who all agreed to create an effective strategy to increase introduction of Insultex House Wrap, not only to their sales team, but also to their builder clients. Thus far we have attended Building Supplier Expos in Orlando, Nashville and Chicago. The opportunities also have yielded new clients in multiple states. Based on our conversations, we anticipate a successful 2026.”
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
News Link:
https://www.newmediawire.com/news/innovative-designs-inc-ivdn-reports-record-q1-sales-results-on-superior-homebuilding-product-sales-growth-with-profitability-extending-to-6-straight-quarters-7085916