Filing Details
- Accession Number:
- 0001144204-10-048054
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2010-09-02 21:40:18
- Reporting Period:
- 2010-09-01
- Filing Date:
- 2010-09-02
- Accepted Time:
- 2010-09-02 21:40:18
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1190370 | Innovative Designs Inc | IVDN | Miscellaneous Fabricated Textile Products (2390) | 030465528 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1270232 | Joseph Riccelli | 223 North Main Street Suite 1 Pittsburgh PA 15215 | Ceo / Cfo | Yes | Yes | Yes | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Disposition | 2010-09-01 | 200 | $0.26 | 0 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2010-09-01 | 10,000 | $0.26 | 0 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2010-09-01 | 7,000 | $0.25 | 0 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2010-09-02 | 46,448 | $0.25 | 9,305,352 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock | 561,000 | Indirect | See Footnote |
| Common Stock | 240,000 | Indirect | N/A |
Footnotes
- The Reporting Person intends to use the net proceeds after taxes from the sale of the shares to loan funds to the Company.
- Reporting Person is the trustee for two trusts for the benefit of his sons totaling 561,000 shares and 240,000 shares each..
Billionaire Hedge Funds
