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Innovative Designs Inc
Ste 1, 223 North Main Street
Phone: (412) 799-0350p:412 799-0350 PITTSBURGH, PA  15215  United States Ticker: IVDN IVDN
Business Summary
Innovative Designs, Inc. operates in two separate business segments, such as cold weather clothing and house wrap for the building construction industry. Both of its segment lines use products made from INSULTEX, which is a low-density foamed polyethylene with buoyancy, scent block, and thermal resistant properties. The Company's apparel segment offers a range of extreme cold weather apparel and related items. Its House Wrap segment offers its INSULTEX House Wrap, which has an R-value of three and an R-value of six and its own seam tape. Floating Swimwear is its swimwear product, which is designed to be a swim aid. Its other products containing INSULTEX include Hunting Apparel Line and Arctic Armor Line. It also offers a product that helps restore the waterproof character of the outer side of its Arctic Armor clothing. Its Arctic Armor line products are used by Ice fisherman, Snowmobilers, Utility workers, Oil/gas pipeline workers, Railroad workers, Construction workers, and others.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
-Yes-Yes---

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
10/31/202310/31/2023YesYesYes-Yes

Industries
SIC Code Description
2390 Miscellaneous fabricated textile products
3086 Plastics foam products
3296 Mineral wool
5033 Roofing, siding, and insulation materials
2329 Men's and boys' clothing, not elsewhere classified
2389 Apparel and accessories, not elsewhere classified

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Chairman of the Board, Chief Executive Officer, Chief Financial Officer, Principal Accounting Offic JosephRiccelli 72 1/1/2020 6/1/2002
Director Donald V.Garlotta 62 2/25/2022 2/25/2022
Independent Director Robert P.Adams 70 11/1/2022 11/1/2022
Independent Director Dean P.Kolocouris 52 6/1/2002 6/1/2002
Independent Director Daniel P.Rains 70 3/1/2007 3/1/2007

Business Names
Business Name
INNOVATIVE DESIGNS INC
Innovative Designs, Inc.
IVDN

General Information
Number of Employees: 2 (As of 10/31/2023)
Outstanding Shares: 37,924,003 (As of 2/13/2024)
Shareholders: 249
Stock Exchange: OTC
Federal Tax Id: 030465528
Fax Number: (412) 784-1291


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Friday, April 19, 2024