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EX-31.2 - EXHIBIT 31.2 - INNOVATIVE DESIGNS INCv331668_ex31-2.htm
EX-31.1 - EXHIBIT 31.1 - INNOVATIVE DESIGNS INCv331668_ex31-1.htm
EX-10.9 - EXHIBIT 10.9 - INNOVATIVE DESIGNS INCv331668_ex10-9.htm
EX-32.2 - EXHIBIT 32.2 - INNOVATIVE DESIGNS INCv331668_ex32-2.htm
EX-32.1 - EXHIBIT 32.1 - INNOVATIVE DESIGNS INCv331668_ex32-1.htm
EX-10.15 - EXHIBIT 10.15 - INNOVATIVE DESIGNS INCv331668_ex10-15.htm
EXCEL - IDEA: XBRL DOCUMENT - INNOVATIVE DESIGNS INCFinancial_Report.xls
10-K - ANNUAL REPORT - INNOVATIVE DESIGNS INCv331668_10k.htm
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v2.4.0.6
BALANCE SHEETS (USD $)
Oct. 31, 2012
Oct. 31, 2011
ASSETS    
Cash $ 54,995 $ 91,209
Accounts receivable 102,350 191,135
Inventory - net of obsolete inventory reserve of $65,000 and $116,439, respectively 623,722 700,931
Deposits on inventory 44,514 37,896
Prepaid insurance 4,360 0
Total current assets 829,941 1,021,171
PROPERTY AND EQUIPMENT - NET 20,448 1,271
TOTAL ASSETS 850,389 1,022,442
LIABILITIES AND STOCKHOLDERS' (DEFICIT) EQUITY    
Accounts payable 64,455 77,979
Current portion of notes payable 91,298 110,178
Accrued interest expense 190,859 104,703
Due to shareholders 266,600 247,100
Loss contingency 190,000 0
Accrued expenses 876 6,470
Total current liabilities 804,088 546,430
Long-term portion of notes payable 347,663 363,160
TOTAL LIABILITIES 1,151,751 909,590
STOCKHOLDERS' (DEFICIT) EQUITY    
Preferred stock, $0.0001 par value, 100,000,000 shares authorized 0 0
Common stock, $0.0001 par value, 500,000,000 shares authorized, and 18,935,743 and 18,775,743 issued and outstanding as of October 31, 2012 and 2011, respectively 1,896 1,880
Additional paid-in capital 5,688,645 5,648,161
Accumulated deficit (5,991,903) (5,537,189)
Total stockholders' (deficit) equity (301,362) 112,852
TOTAL LIABILITIES AND STOCKHOLDERS' (DEFICIT) EQUITY $ 850,389 $ 1,022,442