Detail akcie Omni Ventures online

Business Summary: Omni Ventures, Inc. is engaged in manufacturing, sales and marketing of its products in denim and other apparel. The Company uses retail and wholesale channels, including small and medium-size retail boutiques and national department store chains as well as online through its Websites. It develops the network of international distributors of its products as well as licenses the non-denim product to third parties and manufacturers of non-denim apparel. It operates through its wholly owned subsidiary PRVCY Couture, Inc., which sells its inventory of products directly to specialty stores and local chain stores, predominantly in the western United States. It works with wholesale buyers, outsourced sales agents working with retail outlets and launched its own online store, which offers its products for sale at retail prices to customers all over the United States, Europe, Latin America and New Zealand. Its products include men’s and women's jeans, t-shirts, sweaters and knits.
Financial Summary: BRIEF: For the nine months ended 30 June 2012, Omni Ventures Inc revenues decreased 89% to $31K. Net loss increased from $263K to $9M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Higher net loss reflects Loss on settlements of debt increase from $0K to $7.9M (expense), Loss on abandonment of lease increase from $0K to $31K (expense).