Innovative Designs (IVDN) 10-Q 31 Oct 19 2019 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Jul. 31, 2019	Oct. 31, 2019
Document And Entity Information
Entity Registrant Name	INNOVATIVE DESIGNS INC
Entity Central Index Key	0001190370
Document Type	10-Q
Document Period End Date	Jul. 31, 2019
Amendment Flag	false
Current Fiscal Year End Date	--10-31
Entity's Reporting Status Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Emerging Growth Company	false
Entity Small Business	true
Entity Shell Company	false
Entity Interactive Data Current	Yes
Entity Incorporation, State or Country Code	DE
Entity File Number	000-51791
Entity Common Stock, Shares Outstanding		30,111,560
Document Fiscal Period Focus	Q3
Document Fiscal Year Focus	2019

CONDENSED BALANCE SHEETS (Unaud

CONDENSED BALANCE SHEETS (Unaudited) - USD ($)	Jul. 31, 2019	Oct. 31, 2018
CURRENT ASSETS
Cash	$ 36,165	$ 112,203
Accounts receivable - net of allowance for doubtful accounts of $10,409 and $9,320 as of July 31, 2019 and October 31, 2018, respectively	264	13,455
Inventory - net of obsolete inventory reserve of $75,468 as of July 31, 2019 and October 31, 2018, respectively	653,135	721,262
Inventory on consignment	1,625	1,625
Deposits on inventory	57,330	57,330
Current portion of right of use asset	36,039	40,584
Prepaid expenses	10,018	11,669
Total current assets	794,576	958,128
PROPERTY AND EQUIPMENT - NET	106,822	131,532
OTHER ASSETS
Advance to employees	8,200	8,200
Assets held for sale	600,000	617,000
Total other assets	608,200	625,200
RIGHT OF USE ASSET, NET OF CURRENT PORTION	88,696	106,368
TOTAL ASSETS	1,598,294	1,821,228
CURRENT LIABILITIES
Accounts payable	414,014	194,963
Current portion of notes payable	18,628	18,628
Accrued interest expense	19,498	22,885
Due to shareholders	81,350	145,350
Current portion of right of use lease liability	36,039	40,584
Accrued expenses	10,916	10,775
Total current liabilities	580,445	433,185
LONG-TERM LIABILITIES
Long-term portion of notes payable	86,067	100,858
Right of use lease liability, net of current portion	88,696	106,368
Total long-term liabilities	174,763	207,226
TOTAL LIABILITIES	755,208	640,411
STOCKHOLDERS' EQUITY
Preferred stock, $0.0001 par value, 25,000,000 shares authorized
Common stock, $0.0001 par value, 100,800,000 shares authorized, and 29,301,560 and 27,789,560 issued and outstanding as of July 31, 2019 and October 31, 2018	2,932	2,780
Additional paid-in capital	10,283,019	10,106,731
Accumulated deficit	(9,442,865)	(8,928,694)
Total stockholders' equity	843,086	1,180,817
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 1,598,294	$ 1,821,228

CONDENSED BALANCE SHEETS (Una_2

CONDENSED BALANCE SHEETS (Unaudited) (Parenthetical) - USD ($)	Jul. 31, 2019	Oct. 31, 2018
Statement of Financial Position [Abstract]
Allowance for doubtful accounts	$ 10,409	$ 9,320
Inventory obsolete reserve	$ 75,468	$ 75,468
Preferred stock, par value (in dollars per share)	$ 0.0001	$ 0.0001
Preferred stock, authorized	25,000,000	25,000,000
Common stock, par value (in dollars per share)	$ 0.0001	$ 0.0001
Common stock, authorized	100,800,000	100,800,000
Common stock, issued	29,301,560	27,789,560
Common stock, outstanding	29,301,560	27,789,560

CONDENSED STATEMENTS OF OPERATI

CONDENSED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)	3 Months Ended		9 Months Ended
	Jul. 31, 2019	Jul. 31, 2018	Jul. 31, 2019	Jul. 31, 2018
Income Statement [Abstract]
REVENUES - NET	$ 49,033	$ 34,149	$ 188,736	$ 167,515
OPERATING EXPENSES:
Cost of sales	30,558	52,415	109,969	134,877
Selling, general and administrative expenses	156,556	127,604	567,709	473,303
Total Operating Expenses	187,114	180,019	677,678	608,180
LOSS FROM OPERATIONS	(138,081)	(145,870)	(488,942)	(440,665)
OTHER INCOME (EXPENSE)
Miscellaneous income (expense)	3,685		2,399	(1,034)
Impairment loss on assets held for sale			(17,000)
Interest expense	(673)	(8,351)	(10,628)	(16,794)
Total other income (expense)	3,012	(8,351)	(25,229)	(17,828)
NET LOSS	$ (135,069)	$ (154,221)	$ (514,171)	$ (458,493)
PER SHARE INFORMATION
Net Loss Per Common Share (in dollars per share)	$ (0.005)	$ (0.006)	$ (0.018)	$ (0.017)
Weighted Average Number of Common Shares Outstanding (in shares)	28,934,049	27,228,038	28,342,538	26,997,658

CONDENSED STATEMENTS OF CHANGES

CONDENSED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (Unaudited) - 9 months ended Jul. 31, 2019 - USD ($)	Common Stock	Additional Paid-In Capital	Accumulated Deficit	Total
Balance at beginning at Oct. 31, 2018	$ 2,780	$ 10,106,731	$ (8,928,694)	$ 1,180,817
Balance at beginning (in shares) at Oct. 31, 2018	27,789,560
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Shares issued for extinguishment of debt	$ 55	54,945		55,000
Shares issued for extinguishment of debt (in shares)	550,000
Sale of stock	$ 97	121,343		121,440
Sale of stock (in shares)	962,000
Net loss			(514,171)	(514,171)
Balance at end at Jul. 31, 2019	$ 2,932	$ 10,283,019	$ (9,442,865)	$ 843,086
Balance at end (in shares) at Jul. 31, 2019	29,301,560

CONDENSED STATEMENTS OF CASH FL

CONDENSED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)	9 Months Ended
	Jul. 31, 2019	Jul. 31, 2018
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss	$ (514,171)	$ (458,493)
Adjustments to reconcile net loss to net cash used in operating activities:
Allowance for doubtful accounts	1,089	8,623
Allowance for obsolete inventory		24,468
Common stock issued for services		30,900
Impairment loss on assets held for sale	17,000
Depreciation	24,710	26,634
Amortization of right of use asset	22,217
(Increase) decrease from changes in:
Accounts receivable	12,102	14,265
Inventory	68,127	(52,517)
Inventory on consignment
Deposits on inventory		12,670
Prepaid expenses	1,651	1,333
Advance to employees		(4,200)
Increase (decrease) from changes in:
Accounts payable	219,051	64,632
Accrued interest expense	(3,387)	12,648
Accrued expenses	141	(14,327)
Net cash used in operating activities	(151,470)	(333,364)
CASH FLOWS FROM INVESTING ACTIVITIES
Deposits on equipment
Capital expenditures		(4,258)
Impairment of assets held for sale
Net cash used in investing activities		(4,258)
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from sale of stock	121,440	221,560
Proceeds from shareholder advances		53,350
Payments on shareholder advances	(9,000)	(25,000)
Payments on right of use lease liability	(22,217)
Payments on notes payable	(14,791)	(15,029)
Net cash provided by financing activities	75,432	234,881
Net decrease in cash	(76,038)	(102,741)
CASH, BEGINNING OF YEAR	112,203	214,871
CASH, END OF THE PERIOD	36,165	112,130
Supplemental disclosure of cash flow information:
Cash paid for interest	14,015	4,146
Stock issued for extinguishment of debt	55,000
Recording of right of use assets under lease agreement (ASU 2016-02)	$ 150,496

BASIS OF PRESENTATION

BASIS OF PRESENTATION	9 Months Ended
	Jul. 31, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]
BASIS OF PRESENTATION	Note 1. BASIS OF PRESENTATION In the opinion of management, the accompanying unaudited financial statements contain all adjustments necessary to present fairly Innovative Designs, Inc.’s financial position as of July 31, 2019, the changes therein for the three and nine month periods then ended and the results of operations for the three and nine month periods ended July 31, 2019 and 2018. The financial statements included in the Form 10-Q are presented in accordance with the requirements of the Form and do not include all of the disclosures required by accounting principles generally accepted in the United States of America. For additional information, reference is made to the Innovative Designs, Inc.’s annual report on Form 10-K for the fiscal year ended October 31, 2018. The results of operations for the nine month periods ended July 31, 2019 and 2018 are not necessarily indicative of operating results for the full year.

RIGHT OF USE ASSETS AND LEASE L

RIGHT OF USE ASSETS AND LEASE LIABILITIES	9 Months Ended
	Jul. 31, 2019
Notes to Financial Statements
RIGHT OF USE ASSETS AND LEASE LIABILITIES	Note 2. RIGHT OF USE ASSETS AND LEASE LIABILITIES During the quarter ended April 30, 2019, the Company implemented Accounting Standards Update 2016-02, Leases. Under the new guidance, a lessee must be recorded a liability for lease payments (referred to as the lease liability) and an asset for the right to use the leased asset during the lease term (referred to at the right of use asset) for all leases, regardless of whether they are designated as finance or operating leases. This election requires the lessee to recognize lease expense on a straight-line basis over the lease term. The right of use assets and corresponding right of use liabilities have been recorded using the present value of the leases. See Notes 11 and 12 within the financial statement for additional disclosure on leases

GOING CONCERN

GOING CONCERN	9 Months Ended
	Jul. 31, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]
GOING CONCERN	Note 3. GOING CONCERN The Company had a net loss of $514,171 and a negative cash flow from operations of $151,470 for the nine month period ended July 31, 2019. In addition, the Company has an accumulated deficit of $9,442,865. Management of the Company has represented that they will be able to continue to support the Company’s cash needs through sales, sales of Company stock, and borrowings from private parties.

ACCOUNTS RECEIVABLE

ACCOUNTS RECEIVABLE	9 Months Ended
	Jul. 31, 2019
Accounts Receivable, after Allowance for Credit Loss [Abstract]
ACCOUNTS RECEIVABLE	Note 4. ACCOUNTS RECEIVABLE Management evaluates its receivables on a quarterly basis to assess the validity of remaining receivables. Management has determined that there is significant doubt regarding the receivable balance over 90 days of $10,409 and $9,320 as of the quarter ended July 31, 2019 and as of the fiscal year ended October 31, 2018, respectively. Management has applied an allowance on all balances in excess of 90 days.

INVENTORY

INVENTORY	9 Months Ended
	Jul. 31, 2019
Inventory Disclosure [Abstract]
INVENTORY	Note 5. INVENTORY Inventory consists principally of purchased apparel inventory and House Wrap which is manufactured by the Company. Inventory is stated at the lower of cost or net realizable value on a first-in, first-out basis. Innovative Designs, Inc. (the “Company”) has decided to discontinue the selling of its hunting and swimming line of apparel. The Company has booked a reserve against apparel inventory at July 31, 2019 and October 31, 2018 of $75,468. Management has determined that no allowance is currently necessary on their House Wrap Inventory. Management will continue to evaluate its obsolete inventory reserve throughout the year and make adjustments as needed.

EARNINGS PER SHARE

EARNINGS PER SHARE	9 Months Ended
	Jul. 31, 2019
PER SHARE INFORMATION
EARNINGS PER SHARE	Note 6. EARNINGS PER SHARE The Company calculates net income (loss) per share in accordance with Financial Accounting Standards Board (“FASB”) Accounting Standard Codification (“ASC”) Topic 260 “Earnings per Share”

INCOME TAXES

INCOME TAXES	9 Months Ended
	Jul. 31, 2019
Income Tax Disclosure [Abstract]
INCOME TAXES	Note 7. INCOME TAXES The Company accounts for income taxes in accordance with ASC Topic 740 "Income Taxes" Deferred income taxes are provided for differences between the tax bases of assets and liabilities and the financial reporting amounts at the end of the period, and for net operating loss and tax credit carryforwards available to offset future taxable income. Changes in enacted tax rates or laws result in adjustments to recorded deferred tax assets and liabilities in the periods in which the tax laws are enacted or tax rates are changed. The Company will continue to evaluate its income tax obligation throughout the year and will record a tax provision when it is necessary.

SHIPPING AND HANDLING COSTS

SHIPPING AND HANDLING COSTS	9 Months Ended
	Jul. 31, 2019
Shipping, site improvements and installation of the equipment expenses
SHIPPING AND HANDLING COSTS	Note 8. SHIPPING AND HANDLING COSTS The Company pays shipping and handling costs on behalf of customers for purchased apparel merchandise. These costs are billed back to the customer through the billing invoice. The shipping and handling costs associated with merchandise ordered by the Company are included as part of inventory as these costs are allocated across the merchandise received. With House Wrap orders, the customer pays the shipping cost. The shipping and handling costs associated with customer orders was approximately $12,000 and $13,000 for the nine month periods ended July 31, 2019 and 2018, respectively.

COMMON STOCK

COMMON STOCK	9 Months Ended
	Jul. 31, 2019
Equity [Abstract]
COMMON STOCK	Note 9. COMMON STOCK During the nine month period ended July 31, 2019, the Company sold 962,000 shares of common stock to nine investors for total proceeds of $121,440. The stock was issued between $0.08 and $0.17 per share. Additionally, during the nine month period ended July 31, 2019, 550,000 shares of common stock were issued to one note holder for the extinguishment of a $50,000 note payable and $5,000 of accrued interest. This stock was issued at $0.10 per share. We believe that Section 4(2) of the Securities Act of 1933, as amended, was available because these transactions did not involve a public offering and there was no general solicitation or general advertising involved in these transactions. We placed legends on the stock certificates stating that the securities were not registered under the Securities Act and set forth the restrictions on their transferability and sale. During the nine month period ended July 31, 2018, the Company sold 732,250 shares of common stock to seven investors for total proceeds of $221,560. The stock was issued for prices ranging from $0.20 to $0.32 per share. In addition, the Company issued 110,000 shares to three individuals for services performed during the period. The shares issued were valued ranging between $0.18- $0.40 per share for a total price of $30,900. We believe that Section 4(2) of the Securities Act of 1933, as amended, was available because these transactions did not involve a public offering and there was no general solicitation or general advertising involved in these transactions. We placed legends on the stock certificates stating that the securities were not registered under the Securities Act and set forth the restrictions on their transferability and sale.

DEPOSITS ON EQUIPMENT

DEPOSITS ON EQUIPMENT	9 Months Ended
	Jul. 31, 2019
Deposit Assets [Abstract]
DEPOSITS ON EQUIPMENT	Note 10. DEPOSITS ON EQUIPMENT On July 12, 2015 the Company reached an agreement with Ketut Jaya to purchase the machinery and equipment utilized to produce the INSULTEX material. The purchase price is $700,000 which was to be paid in four installments. The first installment of $300,000 was to be paid at the execution of the agreement. The second installment of $200,000 was to be paid when the machinery and equipment is ready to be shipped to the United States. The third installment of $100,000 is to be paid once the machinery and equipment is producing INSULTEX, and the fourth and final installment of $100,000 is to be made after the first commercial production run of INSULTEX is completed. As of July 31, 2019, the Company has made payments of $500,000 in accordance with the agreement and made a $100,000 pre-payment as the machine is not yet producing INSULTEX. Additionally, the Company has incurred $17,000 of additional expenses related to shipping, site improvements and installation of the equipment. Due to various environmental regulations regarding propane emitted from the machine into the air and other costs to assemble the machine the Company expects to incur costs in excess of the current deposit agreement. Management of the Company currently cannot reasonably estimate the costs. During the three month period ended January 31, 2019 Management decided to sell the machine. The shipping and other purchase costs associated with the purchase of the machine that were originally capitalized as part of the machine cost that were written off. The total loss on impairment for the nine month period ended July 31, 2019 was $17,000.

RIGHT OF USE ASSETS

RIGHT OF USE ASSETS	9 Months Ended
	Jul. 31, 2019
Notes to Financial Statements
RIGHT OF USE ASSETS	Note 11. RIGHT OF USE ASSETS The Company entered into a month to month verbal lease at the time the Company was formed that is classified as right of use asset and lease liability. The lease for the Company’s office space is estimated to be through June 2022. In accordance with ASU 2016-02, the Company calculated the present value of the leases using the average commercial real estate interest rate of 5.50% at the commencement of the office lease. Applying the commercial rate, the Company calculated the present value of $150,496 for the office lease as of July 31, 2019. As of July 31, 2019, the right of use assets associated with future operating lease is as follows: Total present value of right of use asset under lease agreement $ 150,496 Amortization of right of use asset (25,761 ) Total right of use asset as of July 31, 2019 $ 124,735 Less current portion due within one year 36,039 Long-term right of use asset $ 88,696 Total amortization expense related to the right of use assets under the verbal lease agreement was $22,174 and $0 for the nine month periods ended July 31, 2019 and 2018, respectively. Future amortization of the right of use asset as of July 31, 2019 is as follows: 2020 $ 36,039 2021 38,072 2022 40,219 2023 10,405 $ 124,735

RIGHT OF USE LEASE LIABILITIES

RIGHT OF USE LEASE LIABILITIES	9 Months Ended
	Jul. 31, 2019
Notes to Financial Statements
RIGHT OF USE LEASE LIABILITIES	Note 12. RIGHT OF USE LEASE LIABILITY As disclosed in Note 11, the Company entered into a verbal lease for office space prior to the quarter ended July 31, 2019 that is classified as a right of use asset and lease liability. As of July 31, 2019, the lease liability associated with future payments due under the verbal lease is as follows: Total future minimum lease payments $ 136,500 Less present value discount 11,765 Total right of use lease liability as of July 31, 2019 124,735 Less current portion due within one year 36,039 Long-term right of use liability $ 88,696 Total maturities of lease liability as of July 31, 2019 are as follows: Total future minimum lease Present value Right of use payments discount lease liability 2020 $ 42,000 $ 5,961 $ 36,039 2021 42,000 3,928 38,072 2022 42,000 1,781 40,219 2023 10,500 95 10,405 $ 136,500 $ 11,765 $ 124,735

SEGMENT INFORMATION

SEGMENT INFORMATION	9 Months Ended
	Jul. 31, 2019
Segment Reporting [Abstract]
SEGMENT INFORMATION	Note 13. SEGMENT INFORMATION We have organized our operations into two segments. We rely on an internal management reporting process that provides segment information for purposes of making financial decisions and allocating resources . The following tables present our business segment information for the nine month periods ended July 31, 2019 and 2018: 2019 2018 Revenues: Apparel $ 111,275 $ 96,971 House Wrap 77,461 70,544 Total Revenues $ 188,736 $ 167,515 Assets: Apparel $ 478,365 $ 498,341 House Wrap 1,119,929 1,208,561 Total $ 1,598,294 $ 1,706,902 Capital Expenditures: Apparel $ — $ 4,258 House Wrap — — Total $ — $ 4,258 Depreciation: Apparel $ 7,038 $ 8,962 House Wrap 17,672 17,672 Total $ 24,710 $ 26,634

LEGAL PROCEEDINGS

LEGAL PROCEEDINGS	9 Months Ended
	Jul. 31, 2019
Commitments and Contingencies Disclosure [Abstract]
LEGAL PROCEEDINGS	Note 14. LEGAL PROCEEDINGS On November 4, 2016, the Federal Trade Commission (FTC) filed a complaint against the Company in the U.S. District Court Western District of Pennsylvania, number 16-1669. In the complaint, the FTC alleges, that, among other matters, the Company does not have substantiation of claims made by the Company regarding the R value and energy efficiency of its INSULTEX House Wrap products. The complaint asks as redress of rescission of revenue the Company received from the sale of House Wrap and a permanent injunction. Due to the partial government shutdown a new trial date was set for July 29, 2019. The trial commenced and the proceedings have been stopped until the end of October 2019. The Company strongly denies the allegation and intends to vigorously defend itself. It is the Company’s belief that the complaint is based on improper testing of the INSULTEX products using the wrong type of testing equipment.

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	9 Months Ended
	Jul. 31, 2019
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	Note 15. SUBSEQUENT EVENTS The Company has evaluated subsequent events in accordance with ASC Topic 855, “ Subsequent Events Subsequent to July 31, 2019, the Company sold 600,000 shares of common stock for a total proceed of $86,000. The common stock was issued for between $0.12 and $0.17 per share. The Company issued 130,000 shares of common stock in lieu of rent. The total rent is valuated at $19,500 or $0.15 per share. Additionally, the Company issued 80,000 shares of common stock to two individuals for services. The shares were issued at $0.20 per share for a total price of $16,000. We believe that Section 4(2) of the Securities Act of 1933, as amended, was available because these transactions did not involve a public offering and there was no general solicitation or general advertising involved in these transactions. We placed legends on the stock certificates stating that the securities were not registered under the Securities Act and set forth the restrictions on their transferability and sale.

RIGHT OF USE ASSETS (Tables)

RIGHT OF USE ASSETS (Tables)	9 Months Ended
	Jul. 31, 2019
Notes to Financial Statements
Right of use assets associated with future operating leases	As of July 31, 2019, the right of use assets associated with future operating lease is as follows: Total present value of right of use asset under lease agreement $ 150,496 Amortization of right of use asset (25,761 ) Total right of use asset as of July 31, 2019 $ 124,735 Less current portion due within one year 36,039 Long-term right of use asset $ 88,696
Future amortization of right of use assets	Future amortization of the right of use asset as of July 31, 2019 is as follows: 2020 $ 36,039 2021 38,072 2022 40,219 2023 10,405 $ 124,735

RIGHT OF USE LEASE LIABILITIES

RIGHT OF USE LEASE LIABILITIES (Tables)	9 Months Ended
	Jul. 31, 2019
Notes to Financial Statements
Schedule of future minimum lease payments	As of July 31, 2019, the lease liability associated with future payments due under the verbal lease is as follows: Total future minimum lease payments $ 136,500 Less present value discount 11,765 Total right of use lease liability as of July 31, 2019 124,735 Less current portion due within one year 36,039 Long-term right of use liability $ 88,696
Schedule of maturities of lease liabilities	Total maturities of lease liability as of July 31, 2019 are as follows: Total future minimum lease Present value Right of use payments discount lease liability 2020 $ 42,000 $ 5,961 $ 36,039 2021 42,000 3,928 38,072 2022 42,000 1,781 40,219 2023 10,500 95 10,405 $ 136,500 $ 11,765 $ 124,735

SEGMENT INFORMATION (Tables)

SEGMENT INFORMATION (Tables)	9 Months Ended
	Jul. 31, 2019
Segment Reporting [Abstract]
Schedule of business segment information	The following tables present our business segment information for the nine month periods ended July 31, 2019 and 2018: 2019 2018 Revenues: Apparel $ 111,275 $ 96,971 House Wrap 77,461 70,544 Total Revenues $ 188,736 $ 167,515 Assets: Apparel $ 478,365 $ 498,341 House Wrap 1,119,929 1,208,561 Total $ 1,598,294 $ 1,706,902 Capital Expenditures: Apparel $ — $ 4,258 House Wrap — — Total $ — $ 4,258 Depreciation: Apparel $ 7,038 $ 8,962 House Wrap 17,672 17,672 Total $ 24,710 $ 26,634

GOING CONCERN (Details Narrativ

GOING CONCERN (Details Narrative) - USD ($)	3 Months Ended		9 Months Ended
	Jul. 31, 2019	Jul. 31, 2018	Jul. 31, 2019	Jul. 31, 2018	Oct. 31, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Net loss	$ (135,069)	$ (154,221)	$ (514,171)	$ (458,493)
Cash flow from operations			(151,470)	$ (333,364)
Accumulated deficit	$ (9,442,865)		$ (9,442,865)		$ (8,928,694)

ACCOUNTS RECEIVABLE (Details Na

ACCOUNTS RECEIVABLE (Details Narrative) - USD ($)	Jul. 31, 2019	Oct. 31, 2018
Accounts Receivable, after Allowance for Credit Loss [Abstract]
Bad debts	$ 10,409	$ 9,320

INVENTORY (Details Narrative)

INVENTORY (Details Narrative) - USD ($)	Jul. 31, 2019	Oct. 31, 2018
Inventory Disclosure [Abstract]
Inventory valuation reserves	$ 75,468	$ 75,468

SHIPPING AND HANDLING COSTS (De

SHIPPING AND HANDLING COSTS (Details Narrative) - USD ($)	9 Months Ended
	Jul. 31, 2019	Jul. 31, 2018
Shipping, site improvements and installation of the equipment expenses
Shipping and handling costs	$ 12,000	$ 13,000

COMMON STOCK (Details Narrative

COMMON STOCK (Details Narrative) - USD ($)	9 Months Ended
	Jul. 31, 2019	Jul. 31, 2018
Related Party Transaction [Line Items]
Value of shares issued during the period	$ 121,440
Number of debt converted	550,000
Debt conversion price (in dollars per share)	$ 0.10
Loan [Member]
Related Party Transaction [Line Items]
Value of debt converted	$ 50,000
Accrued interest [Member]
Related Party Transaction [Line Items]
Value of debt converted	$ 5,000
Nine Investors [Member]
Related Party Transaction [Line Items]
Number of shares issued during the period	962,000
Value of shares issued during the period	$ 121,440
Nine Investors [Member] | Minimum [Member]
Related Party Transaction [Line Items]
Share price (in dollars per share)	$ 0.08
Nine Investors [Member] | Maximum [Member]
Related Party Transaction [Line Items]
Share price (in dollars per share)	$ 0.17
Seven Investors [Member]
Related Party Transaction [Line Items]
Number of shares issued during the period		732,250
Value of shares issued during the period		$ 221,560
Seven Investors [Member] | Minimum [Member]
Related Party Transaction [Line Items]
Share price (in dollars per share)		$ 0.20
Seven Investors [Member] | Maximum [Member]
Related Party Transaction [Line Items]
Share price (in dollars per share)		$ 0.32
Three Individuals [Member]
Related Party Transaction [Line Items]
Stock Issued During Period, Shares, Issued for Services		110,000
Stock Issued During Period, Value, Issued for Services		$ 30,900
Three Individuals [Member] | Minimum [Member]
Related Party Transaction [Line Items]
Share price (in dollars per share)		$ 0.18
Three Individuals [Member] | Maximum [Member]
Related Party Transaction [Line Items]
Share price (in dollars per share)		$ 0.40

DEPOSITS ON EQUIPMENT (Details

DEPOSITS ON EQUIPMENT (Details Narrative) - USD ($)	Jul. 12, 2015	Jul. 31, 2019	Jul. 31, 2018	Jul. 31, 2019	Jul. 31, 2018
Deposit Assets [Abstract]
Description of assets contract	The purchase price is $700,000 which was to be paid in four installments. The first installment of $300,000 was to be paid at the execution of the agreement. The second installment of $200,000 was to be paid when the machinery and equipment is ready to be shipped to the United States. The third installment of $100,000 is to be paid once the machinery and equipment is producing INSULTEX, and the fourth and final installment of $100,000 is to be made after the first commercial production run of INSULTEX is completed.
Purchase price of equipment	$ 700,000
First installment for equipment	300,000
Second installment for equipment	200,000
Third installment for equipment	100,000
Fourth installment for equipment	$ 100,000
Deposits on equipment		$ 500,000		$ 500,000
Advanced payment on machine		100,000		100,000
Shipping, site improvements and installation of the equipment expenses				17,000
Loss on impairment				$ 17,000

RIGHT OF USE ASSETS (Details)

RIGHT OF USE ASSETS (Details) - USD ($)	9 Months Ended
	Jul. 31, 2019	Oct. 31, 2018
Notes to Financial Statements
Total present value of right of use assets under lease agreements	$ 150,496
Amortization of right of use assets	(25,761)
Total right of use assets	124,735
Less current portion due within one year	36,039	$ 40,584
Long-term right of use asset	$ 88,696	$ 106,368

RIGHT OF USE ASSETS (Details 1)

RIGHT OF USE ASSETS (Details 1)	Jul. 31, 2019USD ($)
Notes to Financial Statements
2020	$ 36,039
2021	38,072
2022	40,219
2023	10,405
Right of use asset	$ 124,735

RIGHT OF USE ASSETS (Details Na

RIGHT OF USE ASSETS (Details Narrative) - USD ($)	9 Months Ended
	Jul. 31, 2019	Jul. 31, 2018
Notes to Financial Statements
Lease expiration date	Jun. 30, 2022
Average commercial real estate interest rate	5.50%
Amortization expense related to right of use assets	$ 22,174	$ 0
Present value of lease	$ 150,496

RIGHT OF USE LEASE LIABILITIE_2

RIGHT OF USE LEASE LIABILITIES (Details) - USD ($)	Jul. 31, 2019	Oct. 31, 2018
Notes to Financial Statements
Total future minimum lease payments	$ 136,500
Less present value discount	(11,765)
Total right of use lease liabilities	124,735
Less current portion due within one year	36,039	$ 40,584
Long-term right of use liabilities	$ 88,696	$ 106,368

RIGHT OF USE LEASE LIABILITIE_3

RIGHT OF USE LEASE LIABILITIES (Details 1)	Jul. 31, 2019USD ($)
Future minimum lease payments
2020	$ 42,000
2021	42,000
2022	42,000
2023	10,500
Total future minimum lease payments	136,500
Present value discount
2020	5,961
2021	3,928
2022	1,781
2023	95
Present value discount	(11,765)
Right of use lease liabilities
2020	36,039
2021	38,072
2022	40,219
2023	10,405
Right of use lease liablilties	$ 124,735

SEGMENT INFORMATION (Details)

SEGMENT INFORMATION (Details) - USD ($)	3 Months Ended		9 Months Ended
	Jul. 31, 2019	Jul. 31, 2018	Jul. 31, 2019	Jul. 31, 2018
Segment Reporting Information [Line Items]
Total Revenues	$ 49,033	$ 34,149	$ 188,736	$ 167,515
Assets	1,598,294	1,706,902	1,598,294	1,706,902
Capital Expenditures				4,258
Depreciation			24,710	26,634
Apparel Segment [Member]
Segment Reporting Information [Line Items]
Total Revenues			111,275	96,971
Assets	478,365	498,341	478,365	498,341
Capital Expenditures				4,258
Depreciation			7,038	8,962
House Wrap Segment [Member]
Segment Reporting Information [Line Items]
Total Revenues			77,461	70,544
Assets	$ 1,119,929	$ 1,208,561	1,119,929	1,208,561
Capital Expenditures
Depreciation			$ 17,672	$ 17,672

SEGMENT INFORMATION (Details Na

SEGMENT INFORMATION (Details Narrative)	9 Months Ended
	Jul. 31, 2019Segment
Segment Reporting [Abstract]
Number of reportable segments	2

SUBSEQUENT EVENTS (Details Narr

SUBSEQUENT EVENTS (Details Narrative) - USD ($)	3 Months Ended	9 Months Ended
	Oct. 31, 2019	Jul. 31, 2019
Sale of stock		$ 121,440
Subsequent Event [Member]
Sale of stock	$ 86,000
Number stock sold (in shares)	600,000
Share price (in dollars per share)	$ .15
Common stock issued for rent	$ 19,500
Common stock issued for rent (in shares)	130,000
Subsequent Event [Member] | Two Individuals [Member]
Share price (in dollars per share)	$ .20
Stock Issued During Period, Shares, Issued for Services	80,000
Stock Issued During Period, Value, Issued for Services	$ 16,000
Subsequent Event [Member] | Minimum [Member]
Share price (in dollars per share)	$ .12
Subsequent Event [Member] | Maximum [Member]
Share price (in dollars per share)	$ .17