0001615774-16-007130.txt : 20160912 0001615774-16-007130.hdr.sgml : 20160912 20160912160641 ACCESSION NUMBER: 0001615774-16-007130 CONFORMED SUBMISSION TYPE: NT 10-Q PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20160731 FILED AS OF DATE: 20160912 DATE AS OF CHANGE: 20160912 EFFECTIVENESS DATE: 20160912 FILER: COMPANY DATA: COMPANY CONFORMED NAME: INNOVATIVE DESIGNS INC CENTRAL INDEX KEY: 0001190370 STANDARD INDUSTRIAL CLASSIFICATION: MISCELLANEOUS FABRICATED TEXTILE PRODUCTS [2390] IRS NUMBER: 030465528 STATE OF INCORPORATION: DE FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: NT 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 000-51791 FILM NUMBER: 161881081 BUSINESS ADDRESS: STREET 1: 124 CHERRY ST. STREET 2: STE 1 CITY: PITTSBURGH STATE: PA ZIP: 15223 BUSINESS PHONE: 4127990350 MAIL ADDRESS: STREET 1: 124 CHERRY ST. STREET 2: STE 1 CITY: PITTSBURGH STATE: PA ZIP: 15223 NT 10-Q 1 s104090_nt10q.htm NT 10-Q

 

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 12b-25

 

Commission File Number_000-51791

NOTIFICATION OF LATE FILING

 

(Check One): ¨ Form 10-K            ¨ Form 11-K            ¨ Form 20-F            x Form 10-Q
  ¨ Form N-SAR

 

For Period Ended: July 31, 2016

 

¨Transition Report on Form 10-K

 

¨Transition Report on Form 20-F

 

¨Transition Report on Form 11-K

 

¨Transition Report on Form 10-Q

 

¨Transition Report on Form N-SAR

 

For the Transition Period Ended:

 

Read attached instruction sheet before preparing form. Please print or type.

 

Nothing in this form shall be construed to imply that the Commission has verified any information contained herein.

 

If the notification relates to a portion of the filing checked above, identify the item(s) to which the notification relates:

 

PART I

REGISTRANT INFORMATION

 

Innovative Designs, Inc.

 

Full Name of Registrant

 

n/a

 

Former Name if Applicable

 

124 Cherry St.

 

address of Principal Executive Office (Street and Number)

 

Pittsburgh, PA 15215

 

City, State and Zip Code

 

PART II

RULE 12b-25(b) AND (c)

 

If the subject report could not be filed without unreasonable effort or expense and the registrant seeks relief pursuant to Rule 12b-25(b), the following should be completed. (Check box if appropriate.)

 

x (a) The reasons described in reasonable detail in Part III of this form could not be eliminated without unreasonable effort or expense;
   
(b) The subject annual report, semi-annual report, transition report on Form 10-K, Form 20-F, Form 11-K or Form N-SAR, or portion thereof will be filed on or before the 15th calendar day following the prescribed due date; or the subject quarterly report or transition report on Form 10-Q, or portion thereof will be filed on or before the fifth calendar day following the prescribed due date; and
   
(c) The accountant's statement or other exhibit required by Rule 12b-25(c) has been attached if applicable.

 

   

 

  

PART III

NARRATIVE

 

State below in reasonable detail why the Form 10-K, 11-K, 20-F 10-Q, N-SAR or the transition report portion thereof could not be filed within the prescribed time period. (Attach extra sheets if needed.)

Our outside auditors have not completed their work in connection with compiling the financial information that is a part of the Form 10-Q. It is expected that the work will be completed within the extended filing period.

________

________

________

 

PART IV

OTHER INFORMATION

 

(1)Name and telephone number of person to contact in regard to this notification

 

       
  609.332.1791 (Name) John Thomas (Area Code) (Telephone Number)

 

(2)Have all other periodic reports required under Section 13 or 15(d) of the Securities Exchange Act of 1934 or Section 30 of the Investment Company Act of 1940 during the preceding 12 months or for such shorter period that the registrant was required to file such report(s) been filed? If the answer is no, identify report(s).

x Yes ¨ No

 

(3)Is it anticipated that any significant change in results of operations from the corresponding period for the last fiscal year will be reflected by the earnings statements to be included in the subject report or portion thereof?

x Yes ¨ No

 

If so: attach an explanation of the anticipated change, both narratively and quantitatively, and, if appropriate, state the reasons why a reasonable estimate of the results cannot be made.

Revenues decreased from $ 549,374 for the nine month period ended July 31, 2015, to approximately $497,807, for the nine month period ended July 31, 2016.

 

Innovative Designs, Inc.  
  (Name of Registrant as Specified in Charter)  

 

Has caused this notification to be signed on its behalf by the undersigned thereunto duly authorized.

 

Date September, 12, 2016   By /s/ Joseph Riccelli
        Joseph Riccelli, CEO