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Very Small Inventory Construction of Solely 36 Million OS / 16 Million Float
INNOVATIVE DESIGNS, INC (OTCMKTS:IVDN)
— Joseph Riccelli, CEO of IVDN
PITTSBURGH, PENNSYLVANIA, UNITED STATES, October 18, 2023 /EINPresswire.com/ — Orders Being Fulfilled from Over a Dozen New Sales Accounts Added in Current Quarter for Superior Home Insulation with R-6 Value No Competitor Can Match: Revolutionary Designs, Inc. (OTCQB: IVDN)
Very Small Inventory Construction of Solely 36 Million OS / 16 Million Float
Sole Maker of Patented Insultex® Insulation Delivering Vitality Saving Efficiency Far Superior to All Competitors.
Distinctive Evacuated Cell Home Wrap Materials Supplies and Unmatched R-6 Ranking Plus a Water Vapor, Air and Wind Barrier and Different Superior Advantages.
A number of New Sales Accounts Added in Current Fiscal Quarter with Orders Being Fulfilled for Superior Insultex® Home Wrap.
Larger Vitality Financial savings from Insultex® Insulation Delivers Substantial Financial Positive factors & Tax Credit for the Consumer and Additionally Carbon Discount for the Setting.
A number of New Sales Accounts Added together with Massive-Scale Industrial Modular Building Agency Guerdon, LLC.
eCommerce Part Added to Firm Web site for Direct, On-Line Ordering.
Important New Orders for Insultex Home Wrap® from Repeat Prospects.
Insider Shopping for from Board Member with Lockheed Martin & NASA Background.
New US Patent Issued for Insultex® Manufacturing Course of.
Revolutionary Designs, Inc. (OTCQB: IVDN), manufactures and markets its distinctive, patented Insultex® materials, a quantum leap ahead in insulation because the thinnest, lightest and warmest insulator in the market at this time. IVDN merchandise ship optimum heat and luxury with insulating, windproof, and waterproof safety with no animal supplies used. IVDN has employed its proprietary Insultex® materials to commercialize each clothes and residential constructing insulation merchandise.
On October seventeenth IVDN issued an replace on the rapidly rising gross sales of its patented and distinctive Insultex® Home Wrap through the corporate’s official X (Twitter) account. This Tweet reported many new IVDN gross sales accounts being added with new orders being fulfilled right now. The complete message was as follows:
Revolutionary Designs, Inc (Inventory: $IVDN) @riccelli_joseph
$IVDN: Over a dozen new buyer accounts have been added throughout the firm’s fiscal 4th quarter with our R-6 rated Insultex® Home Wrap being shipped to them. We’re beginning to see a powerful enhance in client recognition for this superior insulation product.
Hyperlink: https://twitter.com/riccelli_joseph
Larger vitality effectivity has by no means been extra essential in our historical past with the most important driving elements of financial financial savings for the consumer in addition to carbon discount to assist deal with the greenhouse gasoline local weather disaster. Higher insulation delivers actual world positive aspects for each of those very important targets and patented IVDN Insultex® Insulation is now probably the most vitality environment friendly insulation in the marketplace by a large margin.
This new evacuated mobile structured material, obtainable completely from IVDN, is actually revolutionary. It has been confirmed {that a} vacuum is the perfect insulation and IVDN Insultex® incorporates numerous evacuated cells. These particular person cells create a tortuous path for thermal vitality. Insultex® consists of a three-dimensional community of evacuated cells, which impacts the conduction of thermal vitality at a degree unmatched by any aggressive merchandise. IVDN holds US patents on each the evacuated cell materials and its manufacturing course of.
Multi-Billion Greenback Market
Based on Grand View Analysis, the worldwide insulation market measurement was estimated at USD $52.18 billion in 2018 and is predicted to increase at a CAGR of 5.7% going ahead. Rising client consciousness relating to vitality conservation is estimated to propel development.
Contractors and builders who use IVDN Insultex Home Wrap® have the flexibility to not solely add a water vapor, air and wind barrier, however add a further R-6 insulation to a construction. Builders who’ve to satisfy extra stringent R-Value necessities can merely add IVDN Insultex Home Wrap® to their wall construction and instantly add a further R-6 insulation worth.
Householders who improve to superior IVDN Insultex Home Wrap® insulation can also qualify for substantial tax credit in addition to having fun with the decrease vitality payments that consequence. Putting in superior IVDN Insultex Home Wrap® can also be superb for the planet as much less vitality consumption means much less carbon manufacturing by vitality suppliers. It’s a really perfect win-win for the house owner and the setting.
Very long time buyer and residential remodeler Lindus Building strongly endorses and markets the IVDN Insultex™ Home Wrap® product. See the Lindus web site with their commentary right here:
https://lindusconstruction.com/weblog/insultex-house-wrap-future-home-weatherization/.
For traders IVDN has a really small share construction with solely about 36 million shares excellent and a public float of about 16 million shares. Moreover, in response to the most recent 10-Okay submitting, CEO Joseph Riccelli and firm Administrators are holding over 8 million of those shares making IVDN a really lean inventory.
New IVDN Sales Accounts Added Together with Guerdon LLC Massive-Scale Industrial Modular Building Agency with Tasks in the US & Canada
On October 2nd IVDN introduced that the corporate continues so as to add new gross sales accounts throughout america. Three of the newest additions are as follows:
Guerdon, LLC is the main producer of large-scale, business modular building initiatives in the Western US and Canada. With their manufacturing facility and company workplace situated in Boise, Idaho they serve 10 western states together with California, Colorado, Idaho, Montana, Nevada, North Dakota, Oregon, Utah, Washington, and Wyoming in addition to Canada. They’re at present engaged on a undertaking in Alaska.
The Guerdon crew and services are geared up to deal with a variety of initiatives together with: Multi-family Modular Buildings, Modular Resorts & Hospitality services, Assisted Residing & Senior Housing Facilities, Scholar Housing Modular Buildings, Modular Workforce Housing or Man Camps and extra. Be taught extra about Guerdon at: https://www.guerdonmodularbuildings.com/.
Skehan Home Middle, situated in Ossipee, New Hampshire, is a family-owned enterprise that has been in operation since 1985. Their Exterior Sales Employees is a gaggle of skilled professionals that make job website and workplace visits. Be taught extra about Skehan at: https://skehanhomecenter.com/.
Exterior In Building is situated in Alton, New Hampshire. Exterior In Building is a household enterprise that has been offering service for Laconia, NH, Wolfeboro, NH & the Lakes Area of New Hampshire for 23 years and is a Design & Construct specialised constructing and transforming agency. Lean extra about Exterior in Constriction at: https://www.oiconstruction.com/
IVDN CEO Joseph Riccelli commented “We welcome these new accounts alongside with all of the others which have come onboard as both contractors, residence builders or retailers. With this continued enlargement, prospects are actually discovering it simpler to find our merchandise.”
New eCommerce Part Added to Firm Web site for Direct, On-Line Ordering of Insultex Home Wrap®
In August IVDN up to date the corporate’s Insultex Home Wrap® web site. In response to rising buyer curiosity, the web site now features a new e-Commerce part the place orders for the product could also be positioned straight on-line with the corporate. Pricing has been listed for totally different choices. Go to the brand new IVDN eCommerce possibility underneath the “Store” tab at this direct hyperlink:
https://insultexhousewrap.com/store/.
Important New Orders for Insultex Home Wrap® from Two Repeat Prospects
On June 1st IVDN introduced important new orders for its Insultex Home Wrap® from two separate prospects in the Midwest area of the US. The Firm is processing and delivery the orders instantly.
One order was from Lindus Building in Wisconsin, which has been putting in Insultex® Home Wrap on their purchasers’ properties for a few years. Lindus Building totally appreciates the unequalled vitality saving and different advantages of the IVDN product which will increase the worth of the properties they work on. In all of the years Lindus Building has been putting in Insultex Home Wrap® there has by no means been even a single buyer dissatisfied with its efficiency.
The second order was from a repeat buyer in Minnesota which is a producer of modular properties. That is one other glorious utility of Insultex Home Wrap® for superior vitality financial savings and different excessive worth advantages to boost the long run worth of the properties the place it’s put in. Higher insulation means decrease vitality payments, higher residence safety from the weather and likewise a discount in carbon output from vitality suppliers for a greater setting.
Board Member Robert Okay. Adams Makes New $100,000 Direct Funding in IVDN
On Could thirtieth an SEC Kind 4 submitting was made, reporting that Firm Board of Administrators member Robert Okay. Adams had bought 500,000 shares of IVDN widespread inventory on the market worth on that date of .20 per share. This transaction resulted in a money cost to the Firm of $100,000 which might be used to assist additional present plans to increase manufacturing and advertising of the Insultex® insulation product line. With this 500,000 share buy Mr. Adams has added to his IVDN widespread inventory holdings of 871,300 shares in whole. The SEC submitting with further particulars could also be considered at this direct hyperlink:
https://www.otcmarkets.com/submitting/html?id=16696428&guid=OGT-kpYMRb9mB3h
Concerning his IVDN private funding Robert Okay. Adams acknowledged, “I see very excessive return potential in the Revolutionary Designs marketing strategy going ahead from this level. The Firm’s Insultex Home Wrap®, IDI Gear clothes line and different merchandise, made with our patented and distinctive evacuated cell materials, supply far superior efficiency to all aggressive choices in the marketplace at this time. Revolutionary Designs is the only supply of this unimaginable materials which has been lastly validated through the Federal Court docket victories just lately gained by the corporate. Now that we’re in a place to focus all of our consideration and energies on advertising the Insultex® product traces that is the time of alternative we now have been working in direction of and we intend to develop our market share to its fullest.”
Robert Okay. Adams is a really achieved member on the IVDN Board of Administrators. Mr. Adams graduated from Texas A&I College with a level in Electrical Engineering and he has labored in some spectacular skilled positions. He started his profession on the Lockheed Martin Company engaged on initiatives for NASA. Mr. Adams then moved onto the Division of Protection as {an electrical} engineer at Kelly Air Drive Base. Afterwards, Mr. Adams was recruited to move a cyber safety improvement crew for the Division of Protection with direct work for the US Air Drive. He later established his personal personal firm to assist purchasers by the investigation of technical and scientific analysis, authorities insurance policies and procedures, patent improvement and engineering ideas.
IVDN Receives Patent Award for Propriety Insulation Manufacturing Course of
On April twentieth IVDN introduced that america Patent and Trademark Workplace (USPTO) has issued Patent # 11,623.375 B2 defining the Firm’s proprietary course of for forming closed and evacuated cell expanded low density foam used to make the superior efficiency Insultex® insulation materials. The USPTO first issued in January 2023 a Discover of Allowance and the ultimate patent was issued accordingly.
It must be famous that the USPTO typically takes a really lengthy interval to subject patents, generally a number of years. Nevertheless, in the case of the IVDN Insultex® and its propriety manufacturing course of, the patents had been issued a lot faster as a result of there are merely no aggressive merchandise or applied sciences which have mastered the development of closed and evacuated cells for insulation. IVDN is the only supply in the world for this recreation altering and now totally patent protected development.
Revolutionary Designs CEO Joseph Riccelli commented, “It is a key milestone and validation for our Insultex® insulation. Now that this patent is in place, we anticipate unprecedented development into attire and plenty of different markets.”
IVDN Interview with Bloomberg U.S. on RedChip Cash Report
To view the interview phase with IVDN CEO Joseph Riccelli go to:
https://youtu.be/jTF2_GrnH3c
For extra info on $IVDN go to: http://www.insultexhousewrap.com and http://www.idigear.com
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SOURCE: CorporateAds.com
Joseph Riccelli, CEO of IVDN
INNOVATIVE DESIGNS, INC
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IVDN’s Insultex Home Wrap Set up
Rajneesh Singh is a journalist at Asian News, specializing in entertainment, culture, international affairs, and financial technology. With a keen eye for the latest trends and developments, he delivers fresh, insightful perspectives to his audience. Rajneesh’s passion for storytelling and thorough reporting has established him as a trusted voice in the industry.
