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Re: None

Friday, 04/12/2013 1:21:16 PM

Friday, April 12, 2013 1:21:16 PM

Post# of 34093
EVERYONE HERE NEEDS TO KNOW THIS:

So let me make it clear for everyone who is thinking of buying CVSL. This is another fact that says our CEO, John Rochon, is the real deal:

Says here Richmont is the largest shareholder of Avon Products Inc:

With Mr. Rochon as its general partner, Richmont became the largest shareholder in Avon Products Inc., which experienced tremendous growth.


How connected is Mr. Rochon to this? Same paragraph opening sentence:

Mr. Rochon is Chairman and founder of Richmont Holdings Inc., a private investment and business holding company based in Dallas, Texas.


https://www.jamesonbank.com/about-us/board-members/john-p-rochon

Avon Products Inc. trades on the NYSE currently at $21.00 a share with an O/S of 432,280,018:
http://www.otcmarkets.com/stock/AVP/company-info

Although we don't know how many shares of AVP Richmont owns, we know they withdrew a $10.7 billion bid last year and, instead, might purchase %25 or more of the company:

Richmont, which approached Avon before Coty Inc. withdrew a sweetened $10.7 billion bid May 14, is betting Avon would consider its proposal a friendlier alternative, said the people, who declined to be identified because the matter is private. As one option, Richmont may consider offering to buy a minority stake of 25 percent or more, the people said.


http://www.bloomberg.com/news/2012-05-15/richmont-said-still-interested-in-all-or-part-of-avon.html

Well, tell me that $CVSL doesn't look like it will be multi-dollars in the near future. And, by the way, these articles and press releases are all up to date. And not to mention, we just took majority control in a $100million company...