Innovative Designs, Inc. Achieves OTCQB Upgrade, Signaling Strong Growth and Profitability

Innovative Designs, Inc.'s stock upgrade to OTCQB reflects its strong performance and profitability, driven by demand for its Insultex House Wrap® amid new building codes.

June 26, 2025
Innovative Designs, Inc. Achieves OTCQB Upgrade, Signaling Strong Growth and Profitability

Innovative Designs, Inc. (OTCQB: IVDN) has successfully upgraded its stock to the OTCQB tier, a milestone that underscores the company's recent financial achievements and growth trajectory. This upgrade, effective immediately, is expected to enhance the visibility of IVDN shares among investors and trading platforms, following the company's fulfillment of all necessary documentation and fees required by the OTC Markets Group.

The company's recent profitability over the last three fiscal quarters is attributed to the increasing demand for its Insultex House Wrap®, a product that meets new government building codes requiring continuous insulation. The patented Insultex House Wrap® offers an R-6 moisture barrier membrane, eliminating the need for additional insulation boards, positioning it as a leading choice in the market. More details about the product can be found at http://www.insultexhousewrap.com.

Joseph A. Riccelli Jr., CEO of Innovative Designs, emphasized the upgrade as a fulfillment of a promise to shareholders, aiming to recognize the value of their investments. The company is committed to maintaining its OTCQB status through timely financial reporting and looks forward to concluding the 2025 fiscal year as its most successful to date. Investors are encouraged to follow the company's announcements and filings for further updates.