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Document and Entity Information - shares
6 Months Ended
Apr. 30, 2016
Jun. 17, 2016
Document And Entity Information    
Entity Registrant Name INNOVATIVE DESIGNS INC  
Entity Central Index Key 0001190370  
Document Type 10-Q/A  
Trading Symbol IVDN  
Document Period End Date Apr. 30, 2016  
Amendment Flag true  
Current Fiscal Year End Date --10-31  
Entity a Well-known Seasoned Issuer No  
Entity a Voluntary Filer No  
Entity's Reporting Status Current Yes  
Entity Filer Category Smaller Reporting Company  
Entity Common Stock, Shares Outstanding   25,340,310
Document Fiscal Period Focus Q2  
Document Fiscal Year Focus 2016  
Amendment Description

The purpose of this Amendment No. 1 to Innovative Designs, Inc. Quarterly Report on Form 10-Q for the three months ended April 30, 2016 is to amend the financial statements and the Management’s Discussion and Analysis of Financial Condition and Results of Operations.

 

We are filing this Amendment No. 1 to reflect the restatement of our financial statements contained herein. During September of 2016, management of the Company concluded that because of an error in calculating costs for House Wrap that was produced during the current fiscal year, the Company should restate its previously issued financial statements for the three month period ended April 30, 2016.

 

Please see Note 3 – Restatement contained in the Notes to the Financial Statements appearing in this Form 10-Q/A Amendment 1 which further describes the effect of these restatements.

 

No other changes have been made to the Form 10-Q. This Amendment No. 1 to the Form 10-Q is presented as of the filing date of the original Form 10-Q and does not modify or update in any way the disclosures made in the original Form 10-Q.

 

Pursuant to Rule 12b-15 under the Securities and Exchange Act of 1934, as amended, this Form 10-Q/A includes new certifications by our principal executive officer and principal financial officer under Sections 302 and 906 of the Sarbanes-Oxley Act of 2002. Except for the items noted above no other information included in the Company’s original Form 10-Q is being amended by this Form 10-Q/A.