Tomahawk, WI 6/28/2011 (PennyPayDay) -- Omni Ventures, Inc. (PINK:OMVE) announced yesterday, in a press release, that its wholly owned subsidiary, PRVCY Couture, Inc., commenced product development pursuant to the exclusive licensing agreement it has with Andari Fashion Inc. Volume has exploded the past 2 days after an e-mail marketing program has been initiated on behalf of OMVE. Already today the stock has traded nearly 700,000 shares and is down 12 percent at $0.68 per share, as I write.Adding domestic knits to its line of products comes just in time for its high-end denim brand to resume production for the fall/winter season. The Company is pleased to report that additional licensing transactions with established domestic apparel and accessories manufacturers are in the preliminary negotiation stages.
"While in the process of re-launching the PRVCY Premium brand for the coming season, we are thrilled to have added knit wear apparel to our capabilities. The Andari Fashion license is a tremendous asset as we explore our efforts to expand the PRVCY Premium label into a complete lifestyle brand," says Derek Finney, CEO of PRVCY Couture, Inc.
Finney added, "We are working on developing additional licensing agreements with established domestic manufacturers of apparel and accessories with the view of creating a more versatile offering to our wholesale customers as well as via our e-commerce portal. PRVCY Premium is currently in negotiations with additional licensees and anticipates to add screen tees and other apparel ventures to our fashion repertoire in the coming months. In addition, these partnerships are likely to expand PRVCY Premium's distribution channels to the Canadian, Russian, and European markets."
Omni Ventures, Inc. is a development stage company working on a versatile portfolio of projects in premium consumer brands development and merchandising as well as consumer services.
Based in El Monte, CA, Andari Fashion Inc. is a full service sweater and knits manufacturer. Established in 1991, Andari has been supplying 'Made in U.S.A.' products to nation's top department stores, specialty retailers, and high-end designers.
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