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No one knows how PPS will react, the market has been really strange lately. Regardless of how PPS does this week, this PR moves CVSL up several places in my list of stocks to hold... they are finally letting us in on their short and long term plans. Much more to come with financing and production startup and big revenue.
This PR really shows the potential of CVSL. FDA approved breast scan, also to be developed for skin cancer detection. Leasing the scan to Dr's to minimize the initial cost impact of using this techknowledgy. Continued development of the patiented Guidewire.
The 2 Joes mentioned as key employees/contractors in the last filing are currently working on financing and I expect to hear some postive news soon.
Here we GO!
Go CVSL. Some nice new information here!
How long is everyone willing to wait for news? I have been in this stock since mid may and am growing impatient. I believe in CVSL and think that big things are going to happen but I won't wait indefinatly for news. I've seen nice rerurns but the company has only done filings, nothing to really draw attention. If the August 15 filing doesn' have any significant news and no pr's come out before the r/s, I may begin to exit this play.
I know some will say that I should just sell and move on now if I don't want to wait, but I do think this will hit. I've done my part by waiting for news, now CVSL needs to do their part by informing shareholders on the long and short term plans. Go CVSL!
The r/s will become a small issue with the right news, but if they don't release news soon the r/s will hold us back. I'm begining to wonder if CVSL knows how do PR. Come on with the news!!!
Not a bad day, considering the selling that could have happened. Lighter volume day too, no massive panic. I'll take it and wait for the news and 15th.
The r/s filing is having very little impact on trading today. CVSL is trading in normal range, nice to see. Just waiting for more information to be released.
It looks like normal trading to me, stock traded in this range most of last week and at heavier volumes than this.
Smitter, any thoughts on who the 2 Joes are in the latest filing? From what I could find they are finacing guys, do you think they could be funding start up?
In pennyland most r/s are done to keep a stock from being delisted and create the illusion that they are worth more than they actually are. CVSL is obviously not doing the r/s for rhat reason, this is a stock that is rising and the r/s is part of their growth plan, not a survival strategy. This will continue to rise after the split.
Yeah, .20 on Monday is not reality. I think we will continue to see ups and downs for awhile. But the pieces are falling into place for a big run up.
Yeah, .20 on Monday is not reality. I think we will continue to see ups and downs for awhile. But the pieces are falling into place for a big run up.
Yeah, .20 on Monday is not reality. I think we will continue to see ups and downs for awhile. But the pieces are falling into place for a big run up.
Imo... Price will increase on this news. Anyone who looks at this stock can see this r/s is not done to save the stock,instead its to up list. I also now think big news will be released soon that will drive this up quick.
Your exactly right smit, the .25 price everyone is talking about is simply an example of what the r/s would do to todays share price, the actual share price after the split is determined by the share price on the day of the reverse split, in 30 days
The percent increase on pps needed for you to reach your goal has not changed, a 1000% increase in this stock still gets you the same result.
Yes, trading will happen as normal. Todays filing is a by the books pre 14c, indicating what their intensions are. This is all pre uplisting to NASDQ status.
No dilution, the issued shares are reduced by the 10x r/s. The authorized shares aee not reduced, but issued shares are all that matter. It's true they could now issue more shares, but this filing shows that they are not issuing any additional shares.
Relax, the value of your investment doesn't change. Your 100000 shares today will turn into 10000 shares but the price will also go up 10 times so you lose nothing, but now the stock will attract bigger buyers because of it's price.
This is really good news.
The 2 Joe's who are listed as key employees in the filing and recieved 11 mil shares each appear to be investment/capitol guys located in FL. This could be HUGE, they could be the financing for start up. I sense some big news coming soon.
I just googled their names and they appear to have some big money and have several investment/capital business registered in their names. Lots of new info to dig thru, but these are good signs.
I'm not an expert but have been through splits before, todays shares and Monday shares are the same value, they are just saying that today starts the 10 day period to notify shareholders of the split. The stock will still trade at the current level, once the split is complete all shares will be r/s at a 10 for 1 ratio and the price will be 10 times higher. The total value of shares will not change. Basically, there is no difference between pre and post split shares except there are fewer shares at a higher price.
BTW - our shares will most likely be not be able to be traded for a couple of days when the split is happening because the brokerages will be updating accounts. You may be able to place phone trades, but your online account may not show shares while the split happens. Same thing happened when the name change happened.
We will trade at current price for some time, todays sharehoders are all that they need to notify of they split. A "D" wil be added to the ticker soon to indicate a split is occuring.
They have 10 days to notify shareholders, then 20 days for the split to happen. I'd say end of August it will be effective. Split shares are for current shares only as of today, so you can.t add any pre split shares. But all shares traded after today will be post split.
This is great news, things are lining up. No dilution, new investors, people working on things for shares. Big news on the way, all in prep for the August 15 filing.
I do have one question, 23 million shares were issued to 2 guys named Joseph,11 mil each, for services rendered. Where did these shares come from and I wonder what services they rendered? It looks like some big work has been done, soon we will see. The full names of the 2 Joe's are in the 14c, along with the shares they were given.
Typically, r/s is good for investors, when done for the right reasons. In this case it is good, big news coming and .25 pps draws more investors because it's not a low penny stock, imo.
Smitter, after hour 14c filed today, announed a r/s 10 to 1. I'm not making this up. It makes sense, this will be a .25 stock and attract a whole new group of investors. Sure our shares also are cut by 10x, but the value stays the same.
This is in preperation for the next round of news.
Reverse Stock Split will give us the PPS everyone has been dreaming of, just we'll all have 10 times less shares.
NEW FILING - Reverse Stock Split 10 to 1
Very light trading day, this week has seen some heavier volume days and now we only have 2 trades today. Strange! But your right no one is selling.
News before filings would be great, but CVSL hasn't been a a PR stock. I hope your huntch is right, so far your huntch's have made my portfolio very green. We will see soon enough.
Hoy would be great... Go CVSL.
I was wrong about CVSL... I thought we were headed down further. Nice to see the upward swing, 5000 shares bought at .032 is a good sign and a trend I hope continues. Still haven't sold a share, holding for much higher pps, no matter what swings we see I am patiently waiting for the big ride up.
Sub pennies soon... What happened to JER1 havn't seen him in awhile... Maybe he sold out.
You can email the CEO yourself... Maybe if everyone on the board emails the ceo or cfo we will get them thinking PR. The breast scan announcement should have been in PR, so even if they don't have new news to share, we should ask for breast scan announcement in PR form.
I sincerely hope that sub pennies aren't coming back either, but we need to be realistic. Everyone on the board also said we'd never see .018 again and now it is back. Not trying to bash, just balencing the excitement with some of the potential downside.
Red close today without news, imo. Come on Mitch update us.
I believe that sub penny levels are possibe agian if we don't get the news that we hope for. If financing isn't secured, no revenue generated, the D word is mentioned in filing... I think we are at sub penny agian.
I also think that we continue to drift down until something is released. Without news, doubt starts to enter into peoples minds and some will sell. After all, we have all said that is going to fly soon, and the weeks just go by and then we all say: next week will be the big climb up. I remember in May people saying that CVSL was going to make this summer their best ever, summer is going by quickly and nothing too significant yet.
I still believe that CVSL is going to deliver, but even I am starting to wonder if they have such great short and long term plans, why don't they share any of them with us? Maybe it's because they don't have any good news to share. Just my thoughts on beatiful Tuesday morning... GO CVSL
We just need CVSL to deliver on the news we are all waiting on. If August 15 comes and goes with no solid news, I think everyone will be able to get in again at pre penny levels again.
We haven't traded this heavy for awhile. Too bad it took going below the ma 50 to get the volume.