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Omni Ventures, Inc. (OMVE)
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Tuesday, November 8, 2011 – Before Market Open Green Baron New “Stock Pick” Our 100th since Inception Omni Ventures, Inc. (OTCQB: OMVE – $.30 per share) Common Shares Outstanding / 109.19M Market Cap / $32.76M 2011 Year High / $.81 2011 Year Low / $.10 Average Volume / 36,709 (50-day) 56,734 (200-day) Wholly-Owned PRVCY Couture Resumes Production of Premium Denim Line
PRVCY widely-known to be one of the most popular and commonly-worn premium denim brands among A-List celebrities View at: http://www.prvcycouture.com/celebrities “Godfather of Premium Jeans" and Former CEO of True Religion (TRLG) Combine to Lead Re-Emergence of PRVCY Label The Green Baron Believes New Management will Guide Successful Label to Profits for Omni Ventures and we Predict OMVE Rallies to Over $1.00 by Year-End Click to View: Six-Month OMVE Chart This is a turnaround story we expect to make headlines. It is known that previous ownership of the wildly successful PRVCY jean label under a private company led it into bankruptcy after bilking the bank accounts for millions. Omni Ventures bought the remaining assets that included 100th ownership of PRVCY Couture Inc, and the Company is now positioned to generate huge profits through new management. The Green Baron Report officially selects Omni Ventures, Inc. (OTCQB: OMVE) as our 100th Green Baron “Stock Pick” since inception. Results compiled from the most recent trade prior to dissemination of this report to the subsequent high will be closely monitored at www.thegreenbaron.com and through email updates to members. We have very aggressive price projections for OMVE and believe the stock has huge upside potential based on several positive fundamental and technical factors. TRADER’S NOTES: OMVE is a fully reporting company traded on the OTCQB. Although the stock has only traded for about six months, it has received attention from investors. Back in June, OMVE rallied from .10 to as high as .81 on active volume short after it was announced that previous CFO of True Religion joined the Company as CFO. OMVE settled down to trade between .30 and .55 per share for most of July through September. In October, OMVE traded down further on light volume to hit a low of .10. Thus far in early November, the volume in OMVE has started up again and technically the stock looks ready to make another big move like back in June. Omni Ventures, Inc. is a versatile holding company operating in premium consumer brands development and merchandising as well as consumer services. The Company is working to position itself as a strategic management holding company for several subsidiaries including the ones to be established or acquired. Currently, the Company wholly owns PRVCY Couture, Inc., the casual couture apparel and accessories design, manufacturing and distribution company (www.prvcypremium.com). Management is developing several related projects in the fields of consumer goods, design, manufacturing and distribution as well as consumer services.
Over the summer this year, it was announced that
Omni Ventures, Inc. wholly-owned subsidiary PRVCY
Couture Inc. would be resuming production of its
premium denim line for the 2011 Fall/Winter season
as well as 2012 Spring/Summer. The company
anticipates selling the products both domestically
and internationally through retail relationships and
the use of internal and external e-commerce
properties. Green Baron Analysis: Management is loaded with talent that is contacting major retail chains and boutiques that carried the PRVCY brand in the past like Dillard’s, Nordstrom’s, Saks Fifth Avenue, and Bloomingdales to begin offering its updated lines. They also understand that e-commerce is can bring massive sales and is implementing strategies to generate revenue. At one point, PRVCY was also available at over 700 boutiques. Charles Lesser is now President of OMVE and was CFO of True Religion Apparel, Inc. (Nasdaq: TRLG) from 2003 to March, 2007. TRLG just recently hit an all-time high at $35.34 a share, and an article released by The Motley Fool on November 3, 2011 stated, “True Religion is making believers out of investors. The jean-maker has turned a simple product into a huge moneymaker”. The Green Baron Report thinks it is not a stretch to believe Mr. Lesser can lead Omni Ventures to similar success, particularly since we has help from Paul Guez, Chairman of the Board and Christian Wicks. Mr. Guez was the founder of Sasson Jeans and maintains relationships with key distributors and retailers throughout the country and worldwide. As President of Defiance USA, Mr. Wicks was instrumental in overseeing the production and development of English Laundry, Fender Clothing, John Lennon Collection, Jimi Hendrix Collection and The Scott Weiland Collection lines. We believe Omni Ventures is now getting on the radar of investors, and we want to be among the first to alert our members that we predict a major groundswell of activity in its shares. We think OMVE shares could surpass $1.00 per share by year-end as the Company sheds more lights on its plans. We want our members in low, and strongly suggest grabbing shares as close to our profile price as possible. About Omni Ventures Omni Ventures, Inc. is a versatile holding company operating in premium consumer brands development and merchandising as well as consumer services. The Company is working to position itself as a strategic management holding company for several subsidiaries including the ones to be established or acquired. Currently, the Company wholly owns PRVCY Couture, Inc., the casual couture apparel and accessories design, manufacturing and distribution company (www.prvcypremium.com). Management is developing several related projects in the fields of consumer goods design, manufacturing and distribution as well as consumer services. For more info, please visit www.omve.net. Recent Key Press Releases Wednesday, September 28, 2011 – PRVCY Further Expands the Network of International Distributors - NEW YORK, Sept. 28, 2011 (GLOBE NEWSWIRE) - Omni Ventures, Inc. (OTCQB: OMVE) announced today that its wholly owned subsidiary PRVCY Couture, Inc. has further expanded its network of international distributors and is anticipating completion of distribution agreements with partners in Great Britain, Canada and Germany in the near future. Going forward, the company is planning to attend several international trade shows and offer its products internationally both via traditional wholesale/retail channels as well as in the e-commerce format in several languages. "We are currently in talks with a Canadian distributor out of Quebec, Canada. They have the ability to place the brand in the best retailers across Canada, and are currently working with over 400 key doors. We look forward to solidifying this relationship soon," stated Christian Wicks, President of Omni's Apparel and Accessories division. Wicks continued, "We are also very pleased to announce that Wilson Imports, Ltd. will be exclusively distributing PRVCY in the United Kingdom. Based out of Glasgow, Scotland, they distribute such brands as Artful Dodger and English Laundry and have been in business since 1994. They have done major volume with brands like Everlast, and also work with better department stores such as Harrods and Selfridges. Wilson Imports grow brands extensively and create brand recognition, which helps overall brand equity throughout the European Community. We are also at the developmental stage of negotiations with the potential distributor in Germany named "Fashion Freaks" (http://www.fashionfreaks.de). We believe it's a great company that currently distributes Affliction and used to do Ed Hardy. In business since 2003, they have a great reputation for strong distribution and are very strong in PR and marketing when they take on a brand. In addition to Germany, they have the potential to distribute the brand in several countries including Luxemburg, Belgium, the Netherlands, Austria and Switzerland." Monday, September 19, 2011 - PRVCY Features New Line at New York Coterie Trade Show Increasing Sales - Omni Ventures, Inc. (OTCQB: OMVE) announced today that its wholly owned subsidiary PRVCY Couture, Inc. has presented its expanded product line at the Coterie trade show held in New York's Jacob K. Javits Convention Center September 18-20, 2011. The brand has been receiving increasing attention from customers and the media since its re-launch at the Project show in Las Vegas last month and is featuring various additions to the previously featured line anticipating sales to domestic and international buyers. "Coterie will be another opportunity for PRVCY to showcase the Premium denim line to another market and add to the growing list of buyers and stores showcasing our products. PRVCY has been in development with premium exclusive knits and tops that are currently selling well with the new colored denim and shorts, all of which will be presented in New York," stated Christian Wicks, President of Omni's Apparel and Accessories division. Wicks continued, "Coterie show is not only opening the doors of various East Coast sales venues but also is a place to interact with our potential European distribution partners. Needless to say we have multiple appointments and meeting with boutiques as well as departments stores' representatives and are confident in our anticipation of the increased sales as the result of that. I have to say that so far we, as the management of PRVCY are very pleased with the initial reaction of the markets to the re-launch of our PRVCY Premium brand and despite the difficult economic times we clearly see the trend where the market may be ready for our fresh but familiar face in premium denim and related products. We are looking forward to spring and summer 2012 and are doing our best to maximize the potential of the Coterie show to that effect." Monday, August 29, 2011 – PRVCY Brand Re-Launched at “The Project”, Order Book Filling Up - Omni Ventures, Inc. announced today that its wholly owned subsidiary PRVCY Couture, Inc. has successfully re-launched the PRVCY Premium denim brand at the national apparel trade show "The Project" in Las Vegas last week. The brand received significant attention at the show, both from industry peers and potential customers, who delivered the first batch of long-term orders. "It would hardly be an exaggeration if I said that our first showing at The Project of the new PRVCY exceeded our expectations. And that is not only because of the surprise visit to our booth by our friend, Mr. Mark Wahlberg," stated Christian Wicks, President of Omni's Apparel and Accessories division. Wicks continued, "We have met and talked to over one hundred potential customers, both domestic and international. As a result, we already have a book of confirmed orders in six figures and I expect our follow up negotiations to bring in more orders. Those potential customers included boutiques, small chains of apparel stores as well as national department stores. It is hard to overestimate the input we received from this show in terms of taking the temperature of the marketplace for the most in-demand styles, colors and washes of denim products as well as the evolving tastes for the tops and knits we intend to deliver to the market in the near future. We also have met several potential international distributors and intend to carry on our discussions with them about opening several additional international territories in Europe, Asia and the Americas. We are looking forward to appearing at several more upcoming national trade shows this fall and next year, which as I anticipate, will complete the readmission of our PRVCY into the exclusive club of premium apparel purveyors." Thursday, August 18, 2011 - Omni Ventures Appoints Denim Industry Legend Paul Guez to Its Board of Directors - Omni Ventures, Inc. announced today the appointment of Mr. Paul Guez to the Board of Directors. Mr. Guez replaces Mr. D. Reardon as Chairman. Mr. Paul Guez is widely regarded in the denim industry as the "Godfather of Premium Jeans." He was the founder of Sasson Jeans(TM) in the late 70s and has consulted and designed with a number of prominent denim companies and designers since then. "We are very pleased to have Paul Guez as our Chairman of the Board," said Charles Lesser, President of Omni Ventures. Lesser continued, "The career of Paul Guez is the story of spectacular successes and controversy. Starting with phenomenal success with Sasson Jeans in the late 1970s, which boasted annual sales of over $500 Million and had licensees in over 100 countries, Paul's recent successes include such brands as Taverniti So Jeans with over $25 Million in sales and distribution in Europe and Asia. Paul has worked with most major recognizable denim brands and has been the mentor to a lot of the most talented designers in the industry. We are looking forward to utilizing the unique knowledge and experience that Paul brings in combination with the capabilities of our management team to propel our PRVCY brand to the forefront of the premium denim business. Paul will focus his guidance on generating immediate sales for the new collection of PRVCY to be unveiled next week as well as expanding the portfolio of casual couture brands under the umbrella of Omni Ventures." Management Paul Guez. Chairman of the Board, Director - Paul Guez, age 66, is a director, president and Chairman of the Board of Blue Holdings, Inc., which designs, develops, markets and distributes high end fashion jeans, apparel and accessories. Mr. Guez has been with Blue Holdings since 2005. From 2002 to the present, he also been the managing partner of Blue Concept, LLC which is also engaged in the design, marketing, manufacturing and wholesale distribution of premium fashion collections. Previously Mr. P. Guez has been the founder of Sasson Jeans as well as such denim brands as Hippie Jeans, Antik, Taverniti So and Yanuk. Throughout his long career in denim business P. Guez assisted in development of multiple denim brands in the USA and abroad as well as worked with leading creative talent in the industry. Chales Lesser. Director, President - Charles Lesser age 64, was the Chief Financial Officer of True Religion Apparel, Inc. (Nasdaq:TRLG) and its wholly-owned subsidiary, Guru Denim Inc. from 2003 to March, 2007 and as a consultant to True Religion Apparel, Inc. to September, 2007. Prior to that, Mr. Lesser was Acting President and a Director of Alpha Virtual Inc., a software development company listed on the OTCBB and from 1997 until 2002, Mr. Lesser was Chief Financial Officer of CBCom, Inc., an internet service provider listed on the OTCBB. From October 2007 to August 17, 2009, Mr. Lesser was Chief Financial Officer of Panglobal Brands, Inc. (OTC Markets: PNGB), a company which is engaged in the business of the design, production and sale of clothing and accessories; and was additionally Chief Executive Officer from August 17, 2009 until November 15, 2010. Since then Mr. Lesser has been in engaged in private business interests in the apparel industry. Christian A. Wicks. Director, President of Apparel and Accessories Division - Prior to joining Omni Chris operated as President of Defiance USA, Inc. for 5+ years in which he was in charge of production and distribution of such lines as English Laundry, Fender Clothing, John Lennon Collection, Jimi Hendrix Collection and The Scott Weiland Collection. During his time at Defiance USA he developed strong general management qualifications in strategic planning, manufacturing production scheduling and control, inventory/materials management, project development, warehousing, designing, distribution, budgeting/finance, human resources and capital improvement. He also assisted in payroll management, advertising campaigns, meeting crucial deadlines, handling daily deposits and general administrative management duties. His job duties also included implementing EDI Direct through AIMS/Innovation, compliance and testing with production teams with labs such as STR. He handled major accounts and distribution in which he built personal and long-term relationships as well as was instrumental in promoting his brands internationally. His major accomplishment during his time as President of Defiance USA was turning his Macy’s account from 10 stores to 300 + stores nationwide. Chis is planning on using these skills acquired during his tenure at Defiance USA along with his expertise to continue the success and growth of PRVCY and other apparel brands, which Omni may develop in the future. J. Bernard Rice. Director - Managing Partner and founder of Best Practice Networks Inc, James Bernard Rice holds a B.A. from St. Anselm College (Manchester, New Hampshire) and a Masters in Business Administration in Marketing from Georgia State University. Mr. Rice also attended the IBM Presidents Program (a special Executive MBA program) at Harvard University Mr. MDP began his career with IBM in sales and held various sales leadership positions until 1983 when he entered IBM’s finance fraternity. Bernie’s work in business case structure and portfolio analysis led him to a role as IBM’s Finance Director for Application Software in 1985. He was promoted several times such that by 1989 he was appointed Director of Finance, Planning and Administration for IBM’s Southern Area. In that role, Mr. Rice was responsible for the staff functions of a $3 Billion business and he was instrumental in positioning IBM’s Southeast Region as the leader in billable services. Mr. Rice became Chief Financial Officer and General Partner for the IBM Venture Capital Group in 1993 and then Vice President of Business development for IBM’s Consumer Division in 1998. There he managed projects like IBM's partnership with Berkshire Hathaway and Hallmark for the development of its breakthrough on-line research and learning platforms. Bernie also served as CEO of Edmark Inc, the IBM subsidiary that developed innovative educational software for children. In 2000 Mr. Rice orchestrated the spin-off of IBM's education content assets into Riverdeep Inc. and contributed to Riverdeep becoming the fastest growing educational software company in the nation. Today Riverdeep has educational products in some 45,000 schools in over 20 countries. In late 2003, Mr. Rice left Riverdeep and co-founded Best Practice Networks Inc. Today Best Practice Networks is a leading innovator of easy-to-use on-line learning technology for K-12 students and adult career education students. Mr. Rice is currently also creating dedicated companies and partnerships to scale the success of these technologies. For example, he recently co-founded Educational Partners, which now markets educational software and workbooks in 20 languages for children 3 to 9 years of age. Contact:
Investor Relations
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