IVDN · Innovative Designs Inc
$0.24
+0.00 (+0.00%)
At close · Sep 2
Going-concern doubt
— flagged Jun 17, 2026
Substantial doubt about the company's ability to continue as a going concern.
“The Company had a net income of $267,201 and a negative cash flow of $126,002 from operation activities for the three-month period ending April 30, 2026. In addition, the Company has an accumulated deficit of ($9,777,629). Management's plans include cash receipts through sales, sales of Company stock, and borrowings from private parties. These factors raise substantial doubt regarding the Company's ability to continue as a going concern for a period of one year from the issuance of these condensed financial statements.”View the 10-Q filed Jun 17, 2026
Market Cap
$9.29M
Shares
38.50M
Private capital raises reported to the SEC on Form D under Regulation D, showing the offering size, amount sold, minimum investment and number of investors. Public operating companies rarely raise capital this way, so this page is often empty.