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$IVDN insider buying is currently fueling the comp

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Post# of 3588
(Total Views: 191)
Posted On: 09/05/2023 10:25:43 AM
Posted By: Lee Adams
Re: Lee Adams #3538
$IVDN insider buying is currently fueling the company's increase in marketing efforts. Nothing is more positive than seeing management directly supporting company growth with their own personal money.

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.”

IVDN Board Member Mr. Robert K. Adams recently 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® insulation product line.

https://www.globenewswire.com/news-release/20...Adams.html


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