JRjr33 Inc (JRJRQ)

[risk54]

It's interesting reading opinions on this board...Bottom line none of them matter...Including mine...

It is absolute fact CVSL botched the S-1/ S-3. JR got his hat handed to him by the street. He played it like a rookie, and learned it's much different trying to raise capital among vultures compared to leveraging through his relationships with banks....

The good news is he wont have to do this again.....Thank God....

The other good news (and this is what i hang my hat on),is this does not reflect the CVSL business plan whatsoever. Two different animals....

So if you believe in the model, and JR ability to grow out CVSL these prices are ridiculous. If you believe the model will fail then I wouldn't touch this with a ten foot pole.

Honestly, I can't even hang my hat on the fact that institutions were willing to buy 20 million worth of stock in the offering, as there was little risk for those who participated. Most sold their underlining stock at around $2.50, but still have the warrant as leverage. So really they paid 50 cents for/with the ability to exercise down the road if the model works....

All in all...opinions are worthless. Even honest one. Will the model work? This year should answer many questions..