With no Annual and No Quarterly concrete information is very helpful at getting some idea of what is happening within the company.
The Longaberger division seems to be in far, far worse shape since the departure of Tami Longaberger.
The local court system where in Ohio where Longaberger is located is filled with litigation from unpaid vendors.
A recent default amount was only $4,000.
Even worse than the many unpaid vendors is the tax situation.
There are a plethora of taxes which have now turned into tax liens.
In addition to Ohio this is also happening in other states as well.
JRJR33 (CVSL) also stopped paying the law firm representing them in the case of Tami Longaberger vs the company.
The attorneys asked to be formally released due to lack of payment from CVSL-JRJR33.
These items are all verifiable in the state and county court sites in Ohio.
Essentially, the company is not paying a wide variety of taxes and vendors and not even their legal team.
The information recorded on the court websites mirrors exactly what Tami Longaberger spoke of last year prior to her departure, whether she was fored or quit.
She said CVSL had stopped paying bills and now those bills are in the hands of the court system. She also said taxes were not being paid and those too are now being recorded as tax liens against the company.
With no Annual and no Quarterly this information obtained through the court websites offers insight.
Perhaps they will pick up the pace and release the reports to offer some explanation as to why Longaberger seems to be in dire straights.
These tax bills and vendor issues are all under the watch of the Rochons. Where is the cash is going? Is there not enough to pay taxes and the various vendors?
