Shares of Omni Ventures Inc. (PINK: OMVE), a development stage company engaged in the manufacturing and sale of men’s and women’s clothing.

At last check, the penny stock of OMVE was trading 17.07% lower at $0.340, with volume up from daily average of 905,191 to 1.40 million. Despite today’s losses, the stock is still up 20% in the last three trading sessions.

According to a filing made by Omni Ventures on Wednesday, David Propis was appointed as a Director of the company by consent of majority of the shareholders. Propis is a business professional and is currently the manager and founder of Agile Opportunity Fund LLC, which is a creditor of OMVE.

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