Only two days after it had been announced that Omni Ventures, Inc. (PINK:OMVE) would be covered by Goldman Small Cap Research in an analyst research report, new promotional e-mails for the stock would now also support its rise up.
The last session closed with an increase of 9.68% at $0.34 for a share, while the trading volume was more than twice the average for the past three months with over 142,200 traded shares. OMVE has started to rise up sharply at the end of October, having more than doubled in value since then. Now, a new strong promotion could make it go even higher.
It started yesterday evening as we received a number of promotional e-mails on OMVE, and judging by the identical disclosed compensation of all of them they came from one stock promoting company. $45,000 have been paid by a third party – a relatively high amount that should have an effect on the share price and trading volume of OMVE today.
Due to the overflow of information coming from press releases and promoters, one more piece of news from OMVE could remain unnoticed. After market close yesterday, an 8-K filing from the company announced that OMVE has a new CFO – on November 26, 2011, Mr. Bruce Harmon has been appointed to that position.
Further, the statement says that Bruce Harmon owns a consulting firm through which he provides financial and business services to three more companies, also serving as their CFO and Director. Now, it is to follow what part of his time he would devote to OMVE, and if he would present improved financial reports to the market after the end of the current quarter.