Innovative Designs Inc 

(Public, OTC:IVDN)   Watch this stock   
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Key stats and ratios

Q4 (Oct '09) 2009
Net profit margin -1.86% 2.63%
Operating margin 2.03% 4.81%
EBITD margin - 5.53%
Return on average assets -1.17% 1.90%
Return on average equity -30.77% -
Employees 2 -

Address

223 North Main Street Suite 1
Pittsburgh, PA 15215
United States - Map
+1-412-7990350 (Phone)

Website links

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Description

Innovative Designs, Inc. markets cold weather recreational and industrial clothing products that are made from INSULTEX, a low-density foamed polyethylene, a material with buoyancy, scent block and thermal-resistant properties. The Company’s products containing INSULTEX include floating swimwear, hunting apparel line and Arctic Armor line. The Company offers floating swimwear product under its product name Swimeez. Its swimwear is designed to be a swim aid. The Company’s hunting apparel provides block from odors provided by the INSULTEX material. Its hunting line products are suitable for use by consumer groups, such as hunting enthusiasts and professional hunters. The Arctic Armor line consists of a jacket, bib and gloves. These products are offered and sold by retailers, distributors and companies throughout the United States, Canada, Russia and Finland. The Company has a license agreement directly with the owner of the INSULTEX Technology.

Officers and directors

Joseph Riccelli Sr.
Chairman of the Board, CEO, CFO and Principal Accounting Officer
Age: 59
Dean P. Kolocouris
Director
Age: 38
Robert D. Monsour
Director
Age: 58
Daniel P. Rains
Director
Age: 56