I thought I would share with you how I decided to accomplish this. Below are some step-by-step pictures and direction of how Kevin and I made my new quilting design wall.
5.5 yards of warm and natural batting
(or a flannel flat sheets in the size needed, two twin sheets
would fit these)
Scissors (fabric and paper scissors for cutting the tape)
finishing washers, copper colored (16)
electric or battery drill
Bend the board where you cut it and cut through the fold on the opposite side.
You can see the walls are marked for the studs. I used the duck tape to secure the four sides as a temporary hold to stretch the fabric around the board.
Cut out the extra batting on the corner to decrease the thickness. Make a mitered corner by folding the batting and pulling it around the corner tight.
Add the glue to the board and spread it with a wet paper towel to thin the glue and make it sticky all over the edges. Tighten the batting/fabric around the board and make sure there are no wrinkles or folds.
Here is the hard part. You must make a X in the fabric where the hole is going to go for the screw or the fabric will catch and start to twist with the drilling of the screw. Cut an X with the scissors, use a nail punch to mark the hole and the push the screw (that has been placed inside the washer first) into the insulation.