Tomorrow is Sept 9 and according to the filing:

Quotation of our Common Stock After the Reverse Stock Split.

Our Common Stock currently trades on the OTC Markets and OTC Bulletin Board under the symbol “CVSL.” The reverse split will take effect at the open of business September 9, 2011. Our new symbol on this date and for 20 days including the effective date will be CVSLD. After 20 days our symbol will changed back to CVSL.


When asked why Sept 9 was used as the date in the filing it was explained that it was the date the shares would be settled.

So according to the filing and explaination we should have tradable shares at the open of business Friday.

But I'm not holding out too much hope, next week is more beleivable.

Bid is up to .08, getting closer to the price of pre split of .1

Hopefully the shares will be issued this week and next week is normal trading again.

Some news would be good too, but CVSL is hard to get any news from.

No new shares in my account yet either... tomorrow is the 9th, should be settled to all accounts by EOD tomorrow.

The current pps is not something you should take very seriously. The price is reflective of mm's bid and ask, not shareholders bid and ask. Any normal trading stock does not have a 85% spread between bid and ask. One buy at the ask will put us back to .20, but that shouldn't be taken too seriously either.

The true test is when the old CVSL shares are tradeable again, then the shareholders will set the price by what they are willing to buy and sell for.

News would be good right about now... with no one able to sell old shares, and only about 13000 new shares traded, volume would send CVSLD way up.

I don't get who we are buying shares from? Yesterday almost 12,000 shares were bought and no selling. Are they trading phantom shares until the old ones are settled? Also, if only buying is occuring and no selling right now why doesn't the pps go up much quicker?

Mine are not switched over yet either. Could be a couple more days. I agree it seems to be taking longer than normal. But we did have a 3 day weekend and that might be making this seem longer.

Also, I have not heard of anyone who has had their shares updated yet. My bet is that all trading that has happened since the rs is new shares only.

Etrade will let you buy and sell new shareS of CVSLD. Your old CVSL shares have not been replaced with the rs shares yet, so no trading of old shares until updated. New shares should be delivered by Sept 9, maybe before.

I've bought new shares through etrade so I know you can buy.

More bidders are now showing up... CSTI just joined. Now we just need them to raise the bid up! CVSL

Yeah, looking good. I like buys on the ask, now we just need to get the spread to close by raising that bid way up.

Anyone showing CVSLD shares in their accounts yet?

No CVSLD shares in my account yet, but it is now showing numbers as the ticker symbol, I think I should see the CVSLD shares show up today. GO CVSL!

If someone hits the ask for 5700 shares could we see over $1? Or would NITE just add more on the ask? Where is NITE getting the shares to trade?

This will get very interesting as brokers come on line. We need to bring the bid WAY up, the spread is too big right now. If your able to place orders put in buys at the ask and we should see the bid come up quickly.

Who do you use to trade? I still can't place buy or sell orders. I would buy some at the ask right now if I could.

Up 611% today! Oh how I wish this was active trading - someday soon we will see this kind of increase and it will be on a normal trading day.

As soon as anyone is able to trade, hit the ask. If we can get some early support on the ask it will help. But if all the support is at the bid we will settle out down. The spread is so huge that we could go either way.

I don't think anyone can trade this today no matter who their broker is. Nite is the only one on the bid ask. Anyone been sucessful in placing a trade today?

I'm in, no selling below current price! Lets let this thing run up, with the small float it doesn't take much. HOLD YOUR SHARES!

I love seeing the .38 pps, but lets be realistic this is not a real trading price. The pps will go up and down a little before we are able to trade again.

Don't get me wrong, I hope we sustain the .38 but it's not likely. Once the RS shares have been settled in everyone's accounts I think we go back to around the .10 pps, but then news might come out and that could change everything.

The spread is 92% between bid and ask, names changes are always interesting. I'm happy to see the first buy, however small, was at the ask. I thnk this will swing wildly until normal trading can resume.

I don't think trading tomorrow will be too different from what we've seen lately. Yes, the rs will be done but thats old news. We need new info to really get CVSLD moving up, hopefully it comes soon! Go CVSLD

I know we will see the RS on Thursday, just trying to understand the filing today. I wouldn't think a filing would contain errors on dates of events in several places.

If they can't get their dates correct on filings, what confidence should we have that their numbers are correct?

It is all very confusing... this is also contained in today's 8K:

"We filed with the Florida Secretary of State, a Certificate of Amendment to our Articles of Incorporation which caused the Reverse Stock Split to become effective on August 30, 2011, which we refer to as the “effective time” and “effective date,” respectively. Beginning at the effective time, each certificate representing shares of Common Stock will be deemed for all corporate purposes to evidence ownership of the number of whole shares into which the shares previously represented by the certificate were combined pursuant to the Reverse Stock Split."

So the RS was effective August 30 but doesn't show up in pps until Sept 1 then on Sept 9 all systems take effect (meaning shares are fully updated/traded for the new ones?)

It doesn't make much sense to me but these transactions are always full of little details that the regular shareholder doesn't need to know about.

I bet we hit .10 a share on Thursday!

Your right... the first section say Sept 1, and further down it says Sept 9. I bet they correct and re file soon.

The OTCBB Daily List has CVSL listed for a RS on Sept 1 so that is the date that it will happen.

This is a direct copy paste from the 8K linked to the CVSL Ihub detailed quote page:

" The reverse split will take effect at the open of business on September 1, 2011. Our new symbol on this date and for 20 days including the effective date will be CVSLD. After 20 days our symbol will changed back to CVSL ."

I think this will happen on Thursday, Sept 1.

It goes into effect at the open on September 1, tomorrow we will see the new price and symbol.

WOW, look at the trading volume! Being on the break out board means very little other than some people are posting comments.

The pps has been hanging in there, glad to see it's not drifting down during this period of silence.

I wonder if we will see any updated filings or news on the delay of the RS?

No RS yet... not even on the daily list yet. It should show up on the list today if it is to happen tomorrow.

Thanks jt and tut, helpful info. Jt what makes you say the rs doesn't look like it will happen on tuesday?

Heres a question... I have several orders placed to trade at certain prices, will those orders be adjusted taking into account for the RS or should I cancel them all so that they don't execute with the RS price? I want to make sure that I don't sell just because of the new RS price. Anyone have any insight into this? I would imagine many shareholders have orders in to sell at .05 or so, if they don't change their sell price we could see a major sell off with the RS if the orders don't automatically change to the new RS price structure.

I think we should be able trade on Tuesday, might have to do it through a live broker and not on line, but shares will trade. It will be strange seeing the D added to CVSL for a while. GO CVSLD.

Buy on the ask or bid and we are green. .012 not far off. Interesting times for CVSL, I love it!

Smitter, you've been unusually quiet lately. Hope everything is alright. Tut has been doing a good job of filling in for you, but I miss your comentary. Go CVSL!

The CEO invested his own personal funds in CVSL stock, I think he has an extremely vested interest in what happens to the pps. He is not treating this like a typical penny CEO and using it as his personal ATM, instead he has put his own cash on the line.

Who cares about the website? At this point there is no need for a website, they don't anything to sell right now. Once they get financing and know they can produce the breastscan then the website will be up and running.

The mgmnt team is doing everything right to build this into a money making company. The RS will come and go and PPS will go up and down, but my money is on that it will go up much more than down.

Good day! Volume today confirms that RS selling is over. Next sellers will be flippers once we move up a little more. Maybe news next week after the RS to move us way higher. Chart is looking good again. GO CVSL!

Holding strong, no selling or buying, very light trading day so far.