$IVDN Innovative Designs, Inc. Receives $100,000 Direct Private Investment from Board Member Mr. Robert K. Adams
PITTSBURGH, PA, June 05, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire -Innovative Designs, Inc. (OTCQB: IVDN) wishes to acknowledge a substantial new private placement investment from its Board of Directors member Robert K. Adams. On May 30th an SEC Form 4 filing was made, reporting that Mr. Adams 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 which will be used to help further current plans to expand production and marketing of our patented Insultex(R) 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 Form 4 SEC filing with additional details may be viewed at this direct link: https://www.otcmarkets.com/filing/html?id=166...pYMRb9mB3h
PITTSBURGH, PA, June 05, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire -Innovative Designs, Inc. (OTCQB: IVDN) wishes to acknowledge a substantial new private placement investment from its Board of Directors member Robert K. Adams. On May 30th an SEC Form 4 filing was made, reporting that Mr. Adams 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 which will be used to help further current plans to expand production and marketing of our patented Insultex(R) 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 Form 4 SEC filing with additional details may be viewed at this direct link: https://www.otcmarkets.com/filing/html?id=166...pYMRb9mB3h
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