Inactive Instrument

Company Innovative Designs, Inc. Other OTC

Equities

IVDN

US45772B1061

Textiles & Leather Goods

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.

Sales per Business

USD in Million2022Weight2023Weight Delta
Housewrap
90.0 %
0 74.7 % 0 90.0 % +61.91%
Apparel
10.0 %
0 25.3 % 0 10.0 % -46.85%

Sales per region

USD in Million2022Weight2023Weight Delta
United States and Canada
100.0 %
0 100.0 % 0 100.0 % +34.41%

Managers

Managers TitleAgeSince
Chief Executive Officer 73 02-06-24

Members of the board

Members of the board TitleAgeSince
Director/Board Member 53 02-06-24
Director/Board Member 72 07-02-28
Chief Executive Officer 73 02-06-24
Director/Board Member 63 22-02-24
Director/Board Member 67 22-11-30

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 37,924,003 29,117,525 ( 76.78 %) 0 76.78 %

Shareholders

NameEquities%Valuation
8,076,478 21.30 % 1 M $
343,000 0.9044 % 58 310 $
160,000 0.4219 % 27 200 $
117,000 0.3085 % 19 890 $
110,000 0.2901 % 18 700 $

Company contact information

Innovative Designs, Inc.

124 Cherry Street

15223, Pittsburgh

+

http://www.idigear.com
address Innovative Designs, Inc.(IVDN)
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