U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report: September 16, 2005
Innovative Designs, Inc.
(Exact Name of registrant as specified in its Charter)
Delaware
(State of Incorporation)
333-103746
Commission File No.
03-0465528
(IRS Employer Identification No.)
223 North Main Street, Suite 1, Pittsburgh, Pennsylvania 15215
(Address of principal executive offices) (Zip Code)
Registrant’s telephone number (412) 799-0350
All correspondence to:
Eric S. Gillen, Esquire
Leech Tishman Fuscaldo & Lampl, LLC
Citizens Bank Building, 30th Floor
525 William Penn Place
Pittsburgh, Pennsylvania 15219
(412) 261-1600 Telephone
(412) 227-5551 Facsimile
Item 5. DEPARTURE OF DIRECTORS OR PRINCIPAL OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF PRINCIPAL OFFICERS.
On September 14, 2005, Dominic Cerniglia, a member of the board of directors of Innovative Designs, Inc. (the Company), sent a letter to the Company’s Chief Executive Officer resigning his position as a member of the board of directors effective on September 14, 2005. A copy of Mr. Cerniglia’s resignation letter is attached to this Form 8-K as Exhibit A.
Mr. Cerniglia stated that the reason for his resignation is due to his age and his obligations to operating his own business.
The Company has agreed to accept Mr. Cerniglia’s resignation effective September 14, 2005.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Dated:
9/16/05
Innovative Designs, Inc.
/s/ Joseph Riccelli
By: Joseph Riccelli
Title: Chief Executive Officer
DOMINIC CERNIGUA
118 Fox Plan Road
P.O. Box 725
Monroeville, PA 15146
412-856-1161
September 14, 2005
Mr. Joseph Riccelli
Innovative Designs, Inc.
124 Cherry Way
Pittsburgh, PA 15223
Dear Joe:
After much thought and deliberation, I have decided to resign my position on the Board of Directors of Innovative Designs, lnc. Therefore, kindly accept my resignation as of the data of this letter. Due to my age of 72 and operating a full business, I do not care to increase my stress level any more by being a member of the Board.
Thank you; and in the event you have any questions or should you require any additional information, please don't hesitate to let me know. This letter is being sent to you by Certified Mail with a copy being sent to you by first class mail.
Sincerely,
/s/ Dominic Cerniglia
Dominic Cerniglia
DC:It
CERTIFIED MAIL/RETURN RECEIPT REQUESTED
cc: Mr. Joseph Riccelli, Innovative Designs, Inc., 124 Cherty Way, Pgh., Pa., 15215
EXHIBIT
A