Superior Advancement for High Energy Efficiency Insulation Drawing Rising Interest and Commercial Demand; New International Patent Application Accepted to Maximize Marketing Potential: Innovative Designs, Inc. (Stock Symbol: IVDN)
Very Small Stock Structure of Only 37 Million OS / 16 Million Float
For more information on patented, quantum leap insulation manufacturer $IVDN visit: http://www.insultexhousewrap.com and http://www.idigear.com
Innovative Designs, Inc. (OTCQB: IVDN), manufactures and markets its unique, patented Insultex® material, a quantum leap forward in insulation as the thinnest, lightest and warmest insulator on the market today. IVDN products deliver optimum warmth and comfort via insulating, windproof, and waterproof protection with no animal materials used. IVDN has employed its proprietary Insultex® material to commercialize both clothing and home building insulation products. IVDN currently holds issued US patents on both the evacuated cell material and its manufacturing process.
For home building, home remodeling and other construction, significant improvements in energy efficiency measures, such as IVDN Insultex House Wrap® can provide, have never been more important. Superior insulation performance, for heating or cooling, directly translates into lower demand from energy suppliers. The pay-off is lower energy bills and also a reduction of greenhouse gas emissions that contribute to the global climate change crisis which has become such a major concern today.
IVDN Insultex House Wrap® delivers an unmatched R-6 rating because of its unique and patented evacuated or vacuum cell structure design. Since this design advancement is under the control of existing IVDN patents, no other product on the market offers a vacuum cell structure. It has been proven that a vacuum is the best thermal insulation and Insultex® incorporates countless evacuated cells. The dedicated IVDN Insultex House Wrap® website explains the scientific principles in detail along with graphic visual aids. Insultex® also provides a moisture barrier and other key benefits that make it simply the best insulation choice available.
The IVDN Insultex House Wrap ® website may be visited at http://www.insultexhousewrap.com.
Multi-Billion Dollar Market
According to Grand View Research, the global insulation market size was estimated at USD $52.18 billion in 2018 and is expected to expand at a CAGR of 5.7% going forward. Increasing consumer awareness regarding energy conservation is estimated to propel growth.
Contractors and builders who use IVDN Insultex House Wrap® have the ability to not only add a water vapor, air and wind barrier, but add an additional R-6 insulation to a structure. Builders who have to meet more stringent R-Value requirements can simply add IVDN Insultex House Wrap® to their wall structure and immediately add an additional R-6 insulation value.
Homeowners who upgrade to superior IVDN Insultex House Wrap® insulation may also qualify for substantial tax credits in addition to enjoying the lower energy bills that result.
Long time customer and home remodeler Lindus Construction strongly endorses and markets the IVDN Insultex™ House Wrap® product. See the Lindus website with their commentary here: https://lindusconstruction.com/blog/insultex-house-wrap-future-home-weatherization/.
For investors, IVDN has a very small share structure with only about 37 million shares outstanding and a public float of about 16 million shares. Also, according to the latest 10-K filing, CEO Joseph Riccelli and company Directors are holding over 8 million of these shares making IVDN avery lean stock.
World International Patent Organization (WIPO) Application Accepted on Superior Insulation Advancement to Maximize Global Marketing Opportunities
On December 27th IVDN announced the recent filing and acceptance of an International Patent Application with the World International Patent Organization (WIPO). This addition to the existing IVDN patents is for technological improvements to the company’s evacuated cell Insultex House Wrap®.
The new IVDN international patent application filing is currently pending and being pursued in 150+ member countries, which will all be maintained throughout 2024. In 2025, IVDN expects to limit these to those member countries, like the United States, offering the greatest commercial opportunities for this technology. IVDN is now actively reviewing multiple business opportunities within the United States and abroad related to maximizing its marketing and earnings potential.
IVDN CEO Joseph Riccelli said, “Strongly rising commercial interest in our superior Insultex House Wrap® has signaled the need to lock in maximum legal control over this valuable technological advancement. This has now been furthered via the new International Patent Application with the World International Patent Organization, just completed by our skilled legal team. We are anticipating and preparing for a very active marketing year in 2024 and beyond. The additional legal protections being secured will certainly strengthen our position in both the domestic and international marketplace.”
LIG Assets, Inc. Announces Sales Agreement and First Installations of IVDN Insultex House Wrap®
On October 30th LIG Assets, Inc. announced the signing of a Sales Representative Agreement for Tennessee and Alabama for Insultex House Wrap® with IVDN along with a Licensing Agreement for the retail market.
LIG Assets, Inc., (OTC:LIGA) in association with Robert Plarr is the emerging “Leader in Green Assets” — focused on exclusive green, renewable energy and sustainable and disaster resistant homes, living systems, technologies and components to be utilized in the residential and commercial real estate acquisition and development projects currently underway and now individual product sales, as well as rapid expansion into other sectors via acquisitions, mergers and joint venture partnerships.
“We are pleased to be working with Innovative Designs by being able to sell this important product,” said Marvin Baker, President, and Chairman of the Board of LIG Assets. “Insultex is an incredible product that is rapidly gaining market share and is what the Sustainable Housing market really needs because it’s head and shoulders above anything else sold on the market.” Baker continued, “We believe this agreement complements our goal to be a key player in the Sustainable Home builders’ market by bringing cutting edge technology, such as Insultex®, that’s a game changer in the industry.”
In a follow-up announcement on November 8th LIG Assets announced new plans to greatly expand its business via acquisition of a 25-year old construction company that has been producing an average of $100-200 million in annualized sales since 2018.
Orders from Over a Dozen New Clients in Fiscal Fourth Quarter
On October 26th IVDN announced that in the company’s fiscal fourth quarter it gained over a dozen new client accounts for Insultex House Wrap®, with product being shipped out to meet rising demand. New IVDN clients and other interested parties include some high market cap companies that are very important participants in the home building and remodeling industry.
One reason for the accelerating interest in IVDN Insultex House Wrap® is new building codes going into effect across the US which require higher insulation performance standards. IVDN Insultex House Wrap® meets or exceeds these standards where many competitive products do not.
New IVDN Sales Accounts Added Including Guerdon LLC Large-Scale Commercial Modular Construction Firm with Projects in the US & Canada
On October 2nd IVDN announced that the company continues to add new sales accounts across the United States. Three of the most recent additions are as follows:
Guerdon, LLC is the leading manufacturer of large-scale, commercial modular construction projects in the Western US and Canada. With their factory and corporate office located in Boise, Idaho they serve 10 western states including California, Colorado, Idaho, Montana, Nevada, North Dakota, Oregon, Utah, Washington, and Wyoming as well as Canada. They are currently working on a project in Alaska.
The Guerdon team and facilities are equipped to handle a wide range of projects including: Multi-family Modular Buildings, Modular Hotels & Hospitality facilities, Assisted Living & Senior Housing Centers, Student Housing Modular Buildings, Modular Workforce Housing or Man Camps and more. Learn more about Guerdon at: https://www.guerdonmodularbuildings.com/.
Skehan Home Center, located in Ossipee, New Hampshire, is a family-owned business that has been in operation since 1985. Their Outside Sales Staff is a group of experienced professionals that make job site and office visits. Learn more about Skehan at: https://skehanhomecenter.com/.
Outside In Construction is located in Alton, New Hampshire. Outside In Construction is a family business that has been providing service for Laconia, NH, Wolfeboro, NH & the Lakes Region of New Hampshire for 23 years and is a Design & Build specialized building and remodeling firm. Lean more about Outside in Constriction at: https://www.oiconstruction.com/
Board Member Robert K. Adams Makes New $100,000 Direct Investment in IVDN
On May 30th an SEC Form 4 filing was made, reporting that Company Board of Directors member Robert K. Adams had purchased 500,000 shares of IVDN common stock at the market price on that date of .20 per share. This transaction resulted in a cash payment to the Company of $100,000 to help expand production and marketing of the Insultex® insulation product line. With this 500,000 share purchase Mr. Adams has added to his IVDN common stock holdings of 871,300 shares in total. The SEC filing with additional details may be viewed at this direct link: https://www.otcmarkets.com/filing/html?id=16696428&guid=OGT-kpYMRb9mB3h
Regarding his IVDN personal investment Robert K. Adams stated, “I see very high return potential in the Innovative Designs business plan going forward from this point. The Company’s Insultex House Wrap®, IDI Gear clothing line and other products, made with our patented and unique evacuated cell material, offer far superior performance to all competitive options on the market today. Innovative Designs is the sole source of this incredible material which has been finally validated via the Federal Court victories recently won by the company. Now that we are in a position to focus all of our attention and energies on marketing the Insultex® product lines this is the time of opportunity we have been working towards and we intend to develop our market share to its fullest.”
Robert K. Adams is a very accomplished member on the IVDN Board of Directors. Mr. Adams graduated from Texas A&I University with a degree in Electrical Engineering and he has worked in some impressive professional positions. He began his career at the Lockheed Martin Corporation working on projects for NASA. Mr. Adams then moved onto the Department of Defense as an electrical engineer at Kelly Air Force Base. Afterwards, Mr. Adams was recruited to head a cyber security development team for the Department of Defense with direct work for the US Air Force. He later established his own private company to support clients through the investigation of technical and scientific research, government policies and procedures, patent development and engineering concepts.
Follow Innovative Designs, Inc. (IVDN) on X (formerly Twitter) here: https://twitter.com/riccelli_joseph