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NEWS!!
JRjr33, Inc. Compliance Plan Accepted By NYSE MKT
Jul 11, 2016 16:45:00 (ET)
DALLAS, July 11, 2016 /PRNewswire/ -- JRjr33, Inc., doing business as JRJR Networks (NYSE MKT: JRJR), announced that on July 8, 2016 it received a letter from NYSE MKT LLC stating that the Exchange has accepted the Company's plan of compliance for continued listing, relating to the Company's failure to timely file its Quarterly Report on Form 10-Q for the quarter ended March 31, 2016.
As previously reported, JRJR Networks had received a letter on May 23, 2016 from the Exchange stating that: (i) the Company was not in compliance with Sections 134 and 1101 of the Company Guide due to the Company's failure to timely file its Quarterly Report on Form 10-Q for the quarter ended March 31, 2016 with the SEC; and (ii) the Company's failure to timely file its Quarterly Report on Form 10-Q for the quarter ended March 31, 2016 was a material violation of its listing agreement with the Exchange and, therefore, pursuant to Section 1003(d) of the Company Guide, the Exchange was authorized to suspend and, unless prompt corrective action was taken, remove the Company's securities from the Exchange.
The Company was afforded the opportunity to submit a plan of compliance to the Exchange and, on May 16, 2016, the Company presented its Plan to the Exchange. On July 8, 2016, the Exchange notified the Company that it accepted the Company's Plan and granted the Company an extension until October 17, 2016 (the "Plan Period") to regain compliance with the continued listing standards of the Company Guide. The Company will be subject to periodic review by the Exchange during the Plan Period. Failure to make progress consistent with the Plan or to regain compliance with the continued listing standards of the Company Guide by the end of the Plan Period could result in the Company being delisted from the Exchange. The Company is working diligently to regain compliance with the Company Guide by October 17, 2016.
About JRJR Networks (www.jrjrnetworks.com)
JRJR Networks is a growing platform of direct-to-consumer brands. Within JRJR Networks, each company retains its separate identity, sales force, product line and compensation plan, while JRJR Networks seeks synergies and efficiencies in operational areas. JRJR Networks companies currently include The Longaberger Company, a 42-year old maker of hand-crafted baskets and other home decor items; Your Inspiration At Home, an award-winning maker of hand-crafted spices and other gourmet food items from around the world; Tomboy Tools, a direct seller of tools designed for women; Agel Enterprises, a global seller of nutritional products in gel form as well as a skin care line, operating in 40 countries; Paperly, which offers a line of custom stationery and other personalized products; My Secret Kitchen, a U.K.-based seller of gourmet food products; Uppercase Living, which offers a line of customizable vinyl expressions for display on walls in the home; Kleeneze, a 95-year old UK-based catalog seller of cleaning, health, beauty, home, outdoor and a variety of other products, and Betterware, a UK-based home catalog seller. JRJR Networks also includes Happenings, a lifestyle publication and marketing company.
Safe Harbor Statement
Except for the historical matters contained herein, statements in this press release are forward-looking and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact contained in this press release are forward-looking statements. In some cases forward-looking statements can be identified by terminology such as "anticipate," "believe," "can," "continue," "could," "estimate," "expect, " "intend," "may," "plan," "potential," "predict," "project," "should," or "will" or the negative of these terms or other comparable terminology and include statements regarding the expected compliance with the Plan by October 17, 2016. These forward-looking statements are based on management's expectations and assumptions as of the date of this press release and are subject to a number of risks and uncertainties, many of which are difficult to predict that could cause actual results to differ materially from current expectations and assumptions from those set forth or implied by any forward-looking statements. Investors are cautioned that forward-looking statements involve risks and uncertainties that may affect the business and prospects of the Company, including, without limitation, the risks and uncertainties that: the Company may not make progress consistent with the Plan during the Plan Period and may not be able to file its Quarterly Report on Form 10-Q for the quarter ended March 31, 2016 on or prior to the timeframe set forth above; the Company may not be able to regain compliance with the Company Guide by October 17, 2016, which would result in the Company's common stock being delisted by the Exchange; if the Company does not comply with the timeframe set forth above, then the Company's common stock may be delisted by the Exchange; and other risks and outlined under "Risk Factors" in our Annual Report on Form 10-K for the year ended December 31, 2015, filed with the SEC. Many of these factors are beyond our control. In addition to the risks and uncertainties set forth above, investors should consider the economic, competitive, governmental, technological and other risks and uncertainties discussed in the Company's filings with the SEC and the Company's other filings with the SEC, including subsequent periodic reports on Forms 10-Q and 8-K. The information in this release is provided only as of the date of this release, and the Company undertakes no obligation to update any forward-looking statements contained in this release on account of new information, future events, or otherwise, except as required by law.
Contact: Tucker Gagen
tucker.gagen@jrjrnetworks.com
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To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/jrjr33-inc-compliance-plan-accepted-by-nyse-mkt-300296779.html
SOURCE JRJR Networks
/Web site: http://www.jrjrnetworks.com
(END) Dow Jones Newswires
July 11, 2016 16:45 ET (20:45 GMT)
10K out!
My logic is sound, it is you that does not know the inner workings of lawsuits.
It could be as simple as a conflict of interest or Rochon decided they wanted someone else to represent them or decided to just take care of it themselves.
Simple enough right.....
Still.... means nothing about the company itself.
But, I'm sure you will spin this how you want to, you always have , just your agenda.
Last reply
No, not rose colored glasses, it's called experience!!
You obviously didn't read what I wrote or you don't understand it!
But, to answer your question company's do represent themselves all the time - it's called "pro se".
Civil actions mean absolutely nothing about the financial well being or the company itself.
Company's get sued all the time for various reasons. Most settle prior to trial or on courthouse steps.
My guess is these vendors over billed for their services and Rochon cut their bills and only paid a portion. Again, happens all the time.
As for not having attorneys for the other ones it's merely a matter of filing substitution of counsel.
Still not a big deal.
Solid company with a solid future!
NEWS!!
Agel Names Hasson Vice President of International
May 23, 2016 06:00:00 (ET)
DALLAS, May 23, 2016 /PRNewswire/ -- Agel Enterprises announced today that Gary Hasson has been named the company's Vice President of International. The announcement was made by Glen Jensen, Agel's Group CEO.
Agel is part of JRjr33 Inc., doing business as JRJR Networks [NYSE MKT: JRJR].
"Gary's return to Agel is deeply gratifying and represents another huge step forward for our company," said Jensen. "Gary was one of the first people I called when I started Agel in 2005, when I had the idea of suspension gel technology as a way to deliver nutritional products to the body. Gary played an important role in the launching of Agel. Now, like me, he has come back to the Agel family to help guide it in a new era of growth," Jensen added.
JRJR Networks announced on May 3 that Jensen had returned to Agel, the company he founded a decade ago, after a five-year absence.
"We are absolutely thrilled to welcome Gary back," said John Rochon Jr., JRJR Networks' founder. "He was one of the first Diamond distributors at Agel and he helped Agel expand into dozens of countries in those early years. In all, including his time since leaving Agel, Gary has spent 20 years as a leader in this sector. He's one of the most knowledgeable leaders in the entire direct-to-consumer sector."
Hasson has spent the last six years on the corporate side, in senior management positions, most recently as president of a global nutritional direct-to-consumer company.
"I'm thrilled to be rejoining Glen Jensen and Agel," said Hasson. "This is a fantastic company with what I believe is an unlimited potential for growth. I also believe that my strength is teaching others how to build a global business while maintaining balance in life and I know that with Glen and his team, as part of the JRJR Networks family, we will achieve extraordinary growth."
Hasson lives in Lindon, Utah with his wife Melissa and six children.
About JRJR Networks (www.jrjrnetworks.com)
JRJR Networks is a growing platform of direct-to-consumer brands. Within JRJR Networks, each company retains its separate identity, sales force, product line and compensation plan, while JRJR Networks seeks synergies and efficiencies in operational areas. JRJR Networks companies currently include The Longaberger Company, a 42-year old maker of hand-crafted baskets and other home decor items; Your Inspiration At Home, an award-winning maker of hand-crafted spices and other gourmet food items from around the world; Tomboy Tools, a direct seller of tools designed for women; Agel Enterprises, a global seller of nutritional products in gel form as well as a skin care line, operating in 40 countries; Paperly, which offers a line of custom stationery and other personalized products; My Secret Kitchen, a U.K.-based seller of gourmet food products; Uppercase Living, which offers a line of customizable vinyl expressions for display on walls in the home; Kleeneze, a 95-year old UK-based catalog seller of cleaning, health, beauty, home, outdoor and a variety of other products, and Betterware, a UK-based home catalog seller. JRJR Networks also includes Happenings, a lifestyle publication and marketing company.
Cautionary Note Regarding Forward-Looking Statements:
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact contained in this press release are forward-looking statements. In some cases forward-looking statements can be identified by terminology such as "anticipate," "believe," "can," "continue," "could," "estimate," "expect, " "intend," "may," "plan," "potential," "predict," "project," "should," or "will" or the negative of these terms or other comparable terminology and include statements regarding our unlimited potential for growth, continued growth and achieving extraordinary growth with Mr. Jensen and his team, as part of the JRJR Networks family, our goal of becoming the largest direct-to-consumer company in the world by 2033 and the expected contribution of Mr. Hasson to the next chapter of Agel's success. These forward-looking statements are based on management's expectations and assumptions as of the date of this press release and are subject to a number of risks and uncertainties, many of which are difficult to predict that could cause actual results to differ materially from current expectations and assumptions from those set forth or implied by any forward-looking statements. Important factors that could cause actual results to differ materially from current expectations include, among others, our ability to continue to grow, the contribution of Mr. Jensen and his team to Agel and the other risks outlined under "Risk Factors" in CVSL's Annual Report on Form 10-K/A for its fiscal year ended December 31, 2014 and its other filings with the SEC, including subsequent periodic reports on Forms 10-Q and 8-K. The information in this release is provided only as of the date of this release, and we undertake no obligation to update any forward-looking statements contained in this release on account of new information, future events, or otherwise, except as required by law.
Contact: Russell Mack (russell.mack@jrjrnetworks.com)
Investor Relations: Tucker Gagen (tucker.gagen@jrjrnetworks.com)
Logo - http://photos.prnewswire.com/prnh/20160128/327033LOGO
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/agel-names-hasson-vice-president-of-international-300272798.html
SOURCE JRJR Networks
(END) Dow Jones Newswires
May 23, 2016 06:00 ET (10:00 GMT)
NEWS!!!
Agel Sees Surge Of Sellers Since Founder's Return
May 18, 2016 23:38:00 (ET)
DALLAS, May 18, 2016 /PRNewswire/ -- Tens of thousands of independent sales force members have been added to Agel Enterprises over the past several weeks as a result of the return to Agel of Glen Jensen, who founded the company a decade ago, JRJR Networks founder and vice chairman John Rochon said today.
Agel, a global seller of nutritional products in gel form and skin care, is part of JRjr33 Inc., doing business as JRJR Networks [NYSE MKT: JRJR].
"We're seeing a powerful surge happening here, what we expect to be the start of a new era for Agel," said Mr. Rochon. "We partnered with Glen Jensen in the beginning of May. Since then, he has brought about 28,000 people to Agel. We're excited at the prospect of what will happen next."
The people who have come to Agel in the past few weeks are from Innovative Global Inc., a direct seller of skin care and nutritional products which Jensen helped found and serves as CEO, operating primarily in Asia. "We have agreed in principle that Innovative Global will adopt selling the Agel products and work under the Agel compensation plan, using the Agel web site," said Mr. Rochon. He said that this week, top Innovative Global sales force leaders, several of whom formerly worked at Agel, enthusiastically endorsed the two companies' alliance.
"Now that Glen is back, we expect the pace of people returning to Agel to continue over the remainder of this year," added Mr. Rochon. "We anticipate that there are thousands of independent sales people in the U.S., Latin America, Asia and Africa who will want to re-unite or join with Glen and with Agel. As a result, we believe Agel has opened a new door for expansion and increased momentum worldwide."
"With such a surge of fresh interest in Agel in the short time since Glen rejoined the company, we believe that a platform for growth is being built. We believe this is very significant for Agel," said Mr. Rochon.
About JRJR Networks (www.jrjrnetworks.com)
JRJR Networks is a growing platform of direct-to-consumer brands. Within JRJR Networks, each company retains its separate identity, sales force, product line and compensation plan, while JRJR Networks seeks synergies and efficiencies in operational areas. JRJR Networks companies currently include The Longaberger Company, a 42-year old maker of hand-crafted baskets and other home decor items; Your Inspiration At Home, an award-winning maker of hand-crafted spices and other gourmet food items from around the world; Tomboy Tools, a direct seller of tools designed for women; Agel Enterprises, a global seller of nutritional products in gel form as well as a skin care line, operating in 40 countries; Paperly, which offers a line of custom stationery and other personalized products; My Secret Kitchen, a U.K.-based seller of gourmet food products; Uppercase Living, which offers a line of customizable vinyl expressions for display on walls in the home; Kleeneze, a 95-year old UK-based catalog seller of cleaning, health, beauty, home, outdoor and a variety of other products, and Betterware, a UK-based home catalog seller. JRJR Networks also includes Happenings, a lifestyle publication and marketing company.
Cautionary Note Regarding Forward-Looking Statements:
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact contained in this press release are forward-looking statements. In some cases forward-looking statements can be identified by terminology such as "anticipate," "believe," "can," "continue," "could," "estimate," "expect, " "intend," "may," "plan," "potential," "predict," "project," "should," or "will" or the negative of these terms or other comparable terminology and include statements regarding our continued growth, what we expect to be the start of a new era for Agel, the pace of people returning to Agel to continuing over the remainder of this year, thousands of independent sales people in the U.S., Latin America, Asia and Africa re-uniting with Glen and with Agel, opening a new door for expansion and increased momentum worldwide, building a platform for growth and it being very significant for Agel.. These forward-looking statements are based on management's expectations and assumptions as of the date of this press release. The forward looking statements are subject to a number of risks and uncertainties, many of which are difficult to predict that could cause actual results to differ materially from current expectations and assumptions from those set forth or implied by any forward-looking statements. Important factors that could cause actual results to differ materially from current expectations include, among others, our ability to continue to grow, the contribution of Mr. Jensen to Agel, our ability to conclude a formal agreement for Innovative Global to adopt selling the Agel products and work under the Agel compensation plan, our ability to start of a new era for Agel open a new door for expansion and increased momentum worldwide, and build a platform for growth, and the risks outlined under "Risk Factors" in our Annual Report on Form 10-K/A for its fiscal year ended December 31, 2014 and its other filings with the SEC, including subsequent periodic reports on Forms 10-Q and 8-K. The information in this release is provided only as of the date of this release, and we undertake no obligation to update any forward-looking statements contained in this release on account of new information, future events, or otherwise, except as required by law.
Contact: Russell Mack (russell.mack@jrjrnetworks.com)
Investor Relations: Tucker Gagen (tucker.gagen@jrjrnetworks.com)
Logo - http://photos.prnewswire.com/prnh/20160128/327033LOGO
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/agel-sees-surge-of-sellers-since-founders-return-300271438.html
SOURCE JRJR Networks
/Web site: http://www.jrjrnetworks.com
(END) Dow Jones Newswires
May 18, 2016 23:38 ET (03:38 GMT)
L2 anyone?
L2 anyone?
Quite a bit of volume this morning!!
NEWS!!
JRJR Networks Founder John Rochon Jr. Is Named EY Entrepreneur Of The Year(R) 2016 Finalist
May 09, 2016 19:15:00 (ET)
DALLAS, May 9, 2016 /PRNewswire/ -- EY today announced that John Rochon Jr., founder and vice chairman of JRJR Networks [NYSE MKT: JRJR], is a finalist for the EY Entrepreneur Of The Year(R) 2016 Southwest Award.
The awards program, which is celebrating its 30(th) year, recognizes entrepreneurs who demonstrate excellence and extraordinary success in such areas as innovation, financial performance and personal commitment to their businesses and communities. Mr. Rochon was selected as a finalist by a panel of independent judges. Award winners will be announced at a special gala event on Saturday, June 25 at the Hilton Anatole in Dallas.
"It's a great honor to have been named a finalist for this very prestigious honor. I believe this shows that what we are accomplishing as a team at JRJR Networks is being noticed and valued," said Mr. Rochon. "In only three short years, we've already built a portfolio of ten companies with a presence worldwide. We believe this is only the beginning and we're determined to make this company a global powerhouse over the coming years."
The EY Entrepreneur Of The Year(R) program has expanded to recognize business leaders in more than 145 cities in more than 60 countries throughout the world.
Regional award winners are eligible for consideration for the EY Entrepreneur Of The Year National program. Award winners in several national categories, as well as the EY Entrepreneur Of The Year National Overall Award winner, will be announced at the EY Entrepreneur Of The Year National Awards gala in Palm Springs, California, on November 19, 2016. The awards are the culminating event of the EY Strategic Growth Forum(TM), the nation's most prestigious gathering of high-growth, market-leading companies.
Sponsors
Founded and produced by EY, the Entrepreneur Of The Year(R) Awards are nationally sponsored by SAP America, Merrill Corporation and the Ewing Marion Kauffman Foundation. In addition, Merrill Corporation is the official and preferred data partner of the EY Entrepreneur Of The Year(R) Awards as a global leader in secure content sharing, regulated communications and compliance services. Merrill Corporation's DataSite is used to facilitate the judges' independent review of nominations. In the Southwest program, sponsors include BBVA Compass, Colliers International, Haynes and Boone, LLP, RHSB, M&M Event Rentals, D CEO Magazine and SocialStrategy1.
About JRJR Networks (www.jrjrnetworks.com)
JRJR Networks is a growing platform of direct-to-consumer brands. Within JRJR Networks, each company retains its separate identity, sales force, product line and compensation plan, while JRJR Networks seeks synergies and efficiencies in operational areas. JRJR Networks companies currently include The Longaberger Company, a 42-year old maker of hand-crafted baskets and other home decor items; Your Inspiration At Home, an award-winning maker of hand-crafted spices and other gourmet food items from around the world; Tomboy Tools, a direct seller of tools designed for women; Agel Enterprises, a global seller of nutritional products in gel form as well as a skin care line, operating in 40 countries; Paperly, which offers a line of custom stationery and other personalized products; My Secret Kitchen, a U.K.-based seller of gourmet food products; Uppercase Living, which offers a line of customizable vinyl expressions for display on walls in the home; Kleeneze, a 95-year old UK-based catalog seller of cleaning, health, beauty, home, outdoor and a variety of other products, and Betterware, a UK-based home catalog seller. JRJR Networks also includes Happenings, a lifestyle publication and marketing company.
About EY Entrepreneur Of The Year(R)
EY Entrepreneur Of The Year is the world's most prestigious business award for entrepreneurs. The unique award makes a difference through the way it encourages entrepreneurial activity among those with potential and recognizes the contribution of people who inspire others with their vision, leadership and achievement. As the first and only truly global award of its kind, Entrepreneur Of The Year celebrates those who are building and leading successful, growing and dynamic businesses, recognizing them through regional, national and global awards programs in more than 145 cities in more than 60 countries.
About EY (ey.com)
EY is a global leader in assurance, tax, transaction and advisory services. EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity.
Cautionary Note Regarding Forward-Looking Statements:
This press release contains forward-looking statements that involve risks and uncertainties. All statements other than statements of historical fact contained in this press release are forward-looking statements. We have attempted to identify forward-looking statements by terminology including "anticipate," "believe," "can," "continue," "could, " "estimate," "expect," "intend," "may," "plan," "potential," "predict," "project," "should," or "will" or the negative of these terms or other comparable terminology. Although we do not make forward-looking statements unless we believe we have a reasonable basis for doing so, we cannot guarantee their accuracy. These statements are based upon current beliefs, expectations and assumptions and include statements regarding what we are accomplishing as a team at JRJR Networks being noticed and valued, making JRJR Networks a global powerhouse and our ability to continue our
NEWS!!
UK Agency Gives Clearance To JRJR Networks' Acquisition Of Betterware
May 06, 2016 16:20:00 (ET)
DALLAS, May 6, 2016 /PRNewswire/ -- The United Kingdom government agency which reviews merger and acquisition transactions announced today that it has cleared the acquisition by JRJR 33, Inc., doing business as JRJR Networks (NYSE MKT: JRJR) (formerly CVSL Inc.) of Betterware Ltd.
The UK Competition and Markets Authority (CMA) notified JRJR Networks of its clearance decision and has posted the clearance decision on its web site. The CMA said that the full text of its decision will be available shortly.
"We are very pleased to receive word that the CMA has given its approval to our acquisition of Betterware. This company is proving to be a valuable and important addition to our JRJR Networks family of companies and we feel very good about our position in the UK and Ireland," said John Rochon Jr., founder of JRJR Networks.
JRJR Networks acquired 100% of Betterware, a UK-based direct-to-consumer company, on October 15, 2015. The CMA subsequently reviewed the transaction under the merger provisions of the UK law, to determine whether it had resulted, or might result, in a substantial lessening of competition within any market or markets in the United Kingdom.
About JRJR Networks (www.jrjrnetworks.com)
JRJR Networks is a growing platform of direct-to-consumer brands. Within JRJR Networks, each company retains its separate identity, sales force, product line and compensation plan, while JRJR Networks seeks synergies and efficiencies in operational areas. JRJR Networks companies currently include The Longaberger Company, a 42-year old maker of hand-crafted baskets and other home decor items; Your Inspiration At Home, an award-winning maker of hand-crafted spices and other gourmet food items from around the world; Tomboy Tools, a direct seller of tools designed for women; Agel Enterprises, a global seller of nutritional products in gel form as well as a skin care line, operating in 40 countries; Paperly, which offers a line of custom stationery and other personalized products; My Secret Kitchen, a U.K.-based seller of gourmet food products; Uppercase Living, which offers a line of customizable vinyl expressions for display on walls in the home; Kleeneze, a 95-year old UK-based catalog seller of cleaning, health, beauty, home, outdoor and a variety of other products, and Betterware, a UK-based home catalog seller. JRJR Networks also includes Happenings, a lifestyle publication and marketing company.
Cautionary Note Regarding Forward-Looking Statements:
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact contained in this press release are forward-looking statements. In some cases forward-looking statements can be identified by terminology such as "anticipate," "believe," "can," "continue," "could," "estimate," "expect, " "intend," "may," "plan," "potential," "predict," "project," "should," or "will" or the negative of these terms or other comparable terminology. These forward-looking statements are based on management's expectations and assumptions as of the date of this press release and include statements regarding our position in the UK and our growing platform. The forward looking statements are subject to a number of risks and uncertainties, many of which are difficult to predict that could cause actual results to differ materially from current expectations and assumptions from those set forth or implied by any forward-looking statements. Important factors that could cause actual results to differ materially from current expectations include our ability to continue to integrate Betterware into our company and risks outlined under "Risk Factors" in our Annual Report on Form 10-K/A for its fiscal year ended December 31, 2014 and its other filings with the SEC, including subsequent periodic reports on Forms 10-Q and 8-K. The information in this release is provided only as of the date of this release, and we undertake no obligation to update any forward-looking statements contained in this release on account of new information, future events, or otherwise, except as required by law.
Contact: Russell Mack (russell.mack@jrjrnetworks.com)
Investor Relations: Tucker Gagen (tucker.gagen@jrjrnetworks.com)
Logo - http://photos.prnewswire.com/prnh/20160128/327033LOGO
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/uk-agency-gives-clearance-to-jrjr-networks-acquisition-of-betterware-300264573.html
SOURCE JRJR Networks
/Web site: http://www.jrjrnetworks.com
(END) Dow Jones Newswires
May 06, 2016 16:20 ET (20:20 GMT)
NEWS!!
May 03, 2016 22:10:00 (ET)
Jensen Rejoins Agel Enterprises
FOUNDER RETURNS AFTER FIVE-YEAR ABSENCE
PR Newswire
DALLAS, May 3, 2016
DALLAS, May 3, 2016 /PRNewswire/ -- Glen Jensen, who founded Agel Enterprises and led it to significant global growth during its first six years, is returning to the company in the newly-created position of Group CEO.
The announcement was made today by John Rochon Jr., founder of JRJR Networks [NYSE MKT: JRJR], which acquired Agel in 2013. Mr. Rochon also serves as Agel's chairman.
"This is a great day for Agel, an emotional homecoming and a powerful affirmation of Agel's future," said Mr. Rochon. "Glen passionately shares my ultimate dream of our becoming the largest direct-to-consumer company in the world by 2033. With his return to lead Agel, I believe we've just taken another step toward that dream.
"Glen Jensen was the heart and soul of Agel in the days when he established it as a successful business and led its growth across the globe. Glen's return to Agel after a five and a half -year absence sends the bold message that Agel is back and has found its voice again," said Mr. Rochon.
"When Steve Jobs returned to Apple after a 12-year absence, there was a sense of energy and renewed confidence. I believe we are going to see in Agel a feeling of celebration over the return of the person who started it all," said Mr. Rochon.
"I'm beyond thrilled at returning to Agel, a company I truly love and the company that I envisioned as a way to change lives around the world, " said Mr. Jensen. "This is a deeply emotional moment for me. I am so thrilled that John Rochon Jr. and the team at JRJR Networks have invited me to come back home again and help them lead Agel to what I know is going to be massive global growth."
Mr. Jensen has spent over two decades in the network marketing industry. He began as a customer service representative at NuSkin while a college student and rose quickly to lead successful companies and organizations around the world. In 2004, he developed the concept that would launch Agel as a direct-to-consumer provider of nutritional gel products offered by an independent network of entrepreneurs.
Under his leadership, Agel grew into one of the world's top 100 direct selling companies, reaching #56 on the Direct Selling News Global 100 for 2008. For the past two years he has been CEO of Innovative Global Inc., a direct seller of skin care and nutritional products operating primarily in Asia.
Prior to Innovative Global and Agel, Mr. Jensen had been an executive in several other direct-to-consumer companies, including Neways and Synergy, which he founded. He has served as a member of the CEO Council of the World Federation of Direct Selling Associations.
"The innovation of suspension gel technology that we created in Agel redefined the whole nutritional industry. Even after leaving Agel a few years ago, I always hoped that somehow I might be able to re-unite with the wonderful Agel sales network and resume this incredible journey. Now, thanks to John Jr. and JRJR Networks, that dream has come true. I can't wait to get started on the next chapter of Agel's success."
In addition to being Group CEO, Mr. Jensen will also serve on the board of directors of JRJR AG, a Swiss-based holding company which is a subsidiary of JRJR Networks.
About JRJR Networks (www.jrjrnetworks.com)
JRJR Networks is a growing platform of direct-to-consumer brands. Within JRJR Networks, each company retains its separate identity, sales force, product line and compensation plan, while JRJR Networks seeks synergies and efficiencies in operational areas. JRJR Networks companies currently include The Longaberger Company, a 42-year old maker of hand-crafted baskets and other home decor items; Your Inspiration At Home, an award-winning maker of hand-crafted spices and other gourmet food items from around the world; Tomboy Tools, a direct seller of tools designed for women; Agel Enterprises, a global seller of nutritional products in gel form as well as a skin care line, operating in 40 countries; Paperly, which offers a line of custom stationery and other personalized products; My Secret Kitchen, a U.K.-based seller of gourmet food products; Uppercase Living, which offers a line of customizable vinyl expressions for display on walls in the home; Kleeneze, a 95-year old UK-based catalog seller of cleaning, health, beauty, home, outdoor and a variety of other products, and Betterware, a UK-based home catalog seller. JRJR Networks also includes Happenings, a lifestyle publication and marketing company.
Cautionary Note Regarding Forward-Looking Statements:
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact contained in this press release are forward-looking statements. In some cases forward-looking statements can be identified by terminology such as "anticipate," "believe," "can," "continue," "could," "estimate," "expect, " "intend," "may," "plan," "potential," "predict," "project," "should," or "will" or the negative of these terms or other comparable terminology and include statements regarding our continued growth, our goal of becoming the largest direct-to-consumer company in the world by 2033 and the expected contribution of Mr. Jensen to the next chapter of Agel's success. These forward-looking statements are based on management's expectations and assumptions as of the date of this press release and are subject to a number of risks and uncertainties, many of which are difficult to predict that could cause actual results to differ materially from current expectations and assumptions from those set forth or implied by any forward-looking statements. Important factors that could cause actual results to differ materially from current expectations include, among others, our ability to continue to grow, the contribution of Mr. Jensen to Agel and the other risks outlined under "Risk Factors" in CVSL's Annual Report on Form 10-K/A for its fiscal year ended December 31, 2014 and its other filings with the SEC, including subsequent periodic reports on Forms 10-Q and 8-K. The information in this release is provided only as of the date of this release, and we undertake no obligation to update any forward-looking statements contained in this release on account of new information, future events, or otherwise, except as required by law.
Contact: Russell Mack (russell.mack@jrjrnetworks.com)
Investor Relations: Tucker Gagen (tucker.gagen@jrjrnetworks.com)
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/jensen-rejoins-agel-enterprises-300262463.html
SOURCE JRJR Networks
/Web site: http://www.jrjrnetworks.com
(END) Dow Jones Newswires
May 03, 2016 22:10 ET (02:10 GMT)
Nice bit of buy volume this morning!! Cant wait until we get some REAL volume! This gonna fly!
NEWS!!
Aperture Health, Inc.'s., Subsidiary CSS Alliance LLC Begins Process to Distribute Solar Power A/C Units and Generators through New Vertical Business Relationships in Korea
Apr 20, 2016 08:00:00 (ET)
NEW YORK, April 20, 2016 /PRNewswire/ - Aperture Health, Inc. (OTC Markets.com: APRE), is pleased to announce that the company's wholly owned subsidiary CSS Alliance has formed a worldwide exclusive distribution agreement with House Tech. Co. Ltd to become a hub in the United States to distribute, market and sell new technologies ranging from green solar powered A/C units, and powerless generators, as well as solar energy.
Mr. Ray Fite (President) stated, "We are pleased by adding this new distribution relationship to the company to increase and broaden our revenue opportunities for our shareholders. This relationship with House Tech gives us the opportunity to not only sell and distribute their products but also to cost effectively ship them with our relationships in the logistics business space. We are looking forward to finalizing details of our relationship and will announce all the details in the near term."
CSS is also negotiating with other companies in Korea that fit into this green energy business space. We plan on distributing and selling many unique and innovative technologies that are being rolled out in the green energy solar arena. The company believes this will broaden our range of opportunities in increased revenues.
Mr. Fite emphasized, "This is very important for our company to provide our clients and customers with an updated product line in this green technology. We feel that the market is ripe for these products. Our website will provide all of the new products once all the details of the distribution agreement are finalized."
About Aperture Health Inc.: APRE is a development stage company engaged in the merger and acquisition of revenue generating companies and products either producing or engaging in clean alternative disposal projects and products.
About CSS Alliance LLC: CSS is a management services organization specializing in manufacturing, design and worldwide distributions. Currently, CSS is working to become a worldwide organization of which we bring new technologies to the USA as well as on an International basis. We want to bring our shareholders a suite of tools that they can also help us engage in and become a International company to be reckoned with.
Safe Harbor Act: This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve substantial risks and uncertainties. You can identify these forward-looking statements by words such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "should," "will," "would" or similar words. The statements that contain these or similar words should be read carefully because these statements discuss our future expectations, or state other forward-looking information. We believe that it is important to communicate our future expectations to our investors. Nonetheless, the Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
SOURCE Aperture Health, Inc.
/CONTACT: Investor Relations: Frank Gianazzo, 407-967-3611
(END) Dow Jones Newswires
April 20, 2016 08:00 ET (12:00 GMT)
Yes, I believe it is ready to start its upward journey! I'm ready! GLTY as well!!
NEWS!!!
JRJR Networks Names Brooks As Chief Fincl Officer
Mar 29, 2016 14:01:00 (ET)
JRJR Networks Names Brooks As Chief Financial Officer
PR Newswire
DALLAS, March 29, 2016
DALLAS, March 29, 2016 /PRNewswire/ -- JRjr33, Inc. [NYSE MKT: JRJR] doing business as JRJR Networks, has appointed Christopher L. Brooks as its Chief Financial Officer.
John Rochon Jr., the company's Vice Chairman, had served as CFO for the past year. In recent months, Mr. Rochon has shifted most of his time and attention to providing hands-on leadership for the independent sales networks of the companies within JRJR Networks.
"In order to allow me to continue expanding my leadership activities in support of our sales networks, it is time to bring onto our team an experienced CFO to take over that vital role," said Mr. Rochon. "We're very pleased to have someone of Chris' knowledge and background to serve in the crucial role of CFO as our company continues to grow."
Mr. Brooks is a seasoned financial leader with a strong background in finance and private equity. He has been CFO with Assa Abloy Hospitality and Global Audio Visual; Vice President of Finance for Bank of America's Home Loan Division as well as Corporate Controller for Transplace and Heartland Automotive Services. Mr. Brooks worked on or led projects at JRJR Networks as well as at Michaels Stores, The Golf Warehouse, Fannie Mae, Caris Life Sciences, 7-11 and Energy Future Holdings.
Much of Mr. Brooks' career has been spent with multi-entity, multi-location companies with a direct-to-consumer focus, where he has worked with management teams on reporting, analysis, process and strategic business issues.
Mr. Brooks earned his BBA in accounting from the University of Texas and his MBA from the University of Houston. He is a Certified Public Accountant.
About JRJR Networks (www.jrjrnetworks.com)
JRJR Networks is a growing platform of direct-to-consumer brands. Within JRJR Networks, each company retains its separate identity, sales force, product line and compensation plan, while JRJR Networks seeks synergies and efficiencies in operational areas. JRJR Networks companies currently include The Longaberger Company, a 42-year old maker of hand-crafted baskets and other home decor items; Your Inspiration At Home, an award-winning maker of hand-crafted spices and other gourmet food items from around the world; Tomboy Tools, a direct seller of tools designed for women; Agel Enterprises, a global seller of nutritional products in gel form as well as a skin care line, operating in 40 countries; Paperly, which offers a line of custom stationery and other personalized products; My Secret Kitchen, a U.K.-based seller of gourmet food products; Uppercase Living, which offers a line of customizable vinyl expressions for display on walls in the home; Kleeneze, a 95-year old UK-based catalog seller of cleaning, health, beauty, home, outdoor and a variety of other products, and Betterware, a UK-based home catalog seller. JRJR Networks also includes Happenings, a lifestyle publication and marketing company.
Cautionary Note Regarding Forward-Looking Statements:
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact contained in this press release are forward-looking statements. In some cases forward-looking statements can be identified by terminology such as "anticipate," "believe," "can," "continue," "could," "estimate," "expect, " "intend," "may," "plan," "potential," "predict," "project," "should," or "will" or the negative of these terms or other comparable terminology and include statements regarding our continued growth . These forward-looking statements are based on management's expectations and assumptions as of the date of this press release and are subject to a number of risks and uncertainties, many of which are difficult to predict that could cause actual results to differ materially from current expectations and assumptions from those set forth or implied by any forward-looking statements. Important factors that could cause actual results to differ materially from current expectations include, among others, our ability to expand leadership activities in support of our sales, our ability to continue to grow, the expected contribution of Mr. Brooks and the other risks outlined under "Risk Factors" in CVSL's Annual Report on Form 10-K/A for its fiscal year ended December 31, 2014 and its other filings with the SEC, including subsequent periodic reports on Forms 10-Q and 8-K. The information in this release is provided only as of the date of this release, and we undertake no obligation to update any forward-looking statements contained in this release on account of new information, future events, or otherwise, except as required by law.
Contact: Russell Mack (russell.mack@jrjrnetworks.com)
Investor Relations: Tucker Gagen (tucker.gagen@jrjrnetworks.com)
Logo - http://photos.prnewswire.com/prnh/20160128/327033LOGO
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/jrjr-networks-names-brooks-as-chief-financial-officer-300242732.html
SOURCE JRJR Networks
/Web site: http://www.jrjrnetworks.com
(END) Dow Jones Newswires
March 29, 2016 14:01 ET (18:01 GMT)
(MORE TO FOLLOW) Dow Jones Newswires (212-416-2800)
March 29, 2016 14:01 ET (18:01 GMT)
Nice site! css-alliance.com
NEWS!!
CVSL Expects To Begin Trading Tuesday Under Its New Stock Symbol, JRJRFont size: A | A | A
11:27 AM ET 2/11/16 | PR Newswire
As the first step in the transition to its new name, CVSL Inc. [NYSE MKT: CVSL] anticipates commencing trading next Tuesday, February 16, under its new stock symbol, JRJR.
https://photos.prnewswire.com/prnvar/20160128/327033LOGO
As announced on January 28, the company has received board approval, including the approval of John P. Rochon and John Rochon, Jr., the holders of in excess of fifty percent of the company's voting stock, to change its name. The company will officially begin doing business as JRJR Networks upon the completion of all necessary NYSE, SEC and other legal requirements, which is expected shortly.
"When we begin trading under our new stock symbol, we will take another important step in strengthening our identity as a global family of companies in the direct-to-consumer sector, dedicated to serving the independent entrepreneurs in our sales networks around the world," said John Rochon Jr., vice chairman and chief financial officer.
Hey db! Hope all is well with you! Yes, I think it is good too! I'll take $49-$50mil! Not a bad quarter!
Hey buk, hope all is well! Could you expand on that? What are your thoughts? Good or bad?
NEWS!!
CVSL to Trade Under Symbol JRJR >CVSL
Jan 28, 2016 12:30:00 (ET)
CVSL Inc. To Change Its Name And Stock Symbol Expects Q4 Pro Forma Revenues Of Approximately $49-50 Million
PR Newswire
DALLAS, Jan. 28, 2016
DALLAS, Jan. 28, 2016 /PRNewswire/ -- CVSL Inc. [NYSE MKT: CVSL] has made an estimate of its expected Fourth Quarter 2015 revenues and announced that it intends to begin doing business as JRJR Networks.
The announcements were made today by John Rochon Jr., the company's Vice Chairman.
"We were very pleased with our progress in the Fourth Quarter," said Mr. Rochon, "and we expect our results to confirm that we are on track with the strategy we have outlined to investors. We look forward to finalizing and issuing our upcoming earnings report and showing our continued good progress."
Mr. Rochon said the company estimates that its 2015 Q4 pro forma revenues (including a full quarter of revenue from Betterware Ltd., which was acquired on October 15, 2015) will be in the $49-50 million range.
The company has received board approval, including the approval of John P. Rochon and John Rochon, Jr., the holders of in excess of fifty percent of the company's voting stock, to change its name. The company plans to begin doing business as JRJR Networks upon the completion of all necessary NYSE, SEC and other legal requirements. At that time, its common stock will begin trading under the symbol JRJR.
"We inherited the CVSL name when we acquired the company three years ago. We have always intended to change our name at the appropriate time, to give us a unique identity. Now that we have grown to encompass ten companies, doing business across the globe as a 'network of networks,' the time has come to assert our new identity," said Mr. Rochon.
"The heart of our company is networks -- personal networks, social networks, networks of friends conducting commerce, supported by technology networks. Our new name reflects our unique role as a network of personal commerce networks within the global micro-enterprise sector."
The change of name and stock symbol is expected to result in the company changing its CUSIP number.
ABOUT CVSL INC. (www.cvsl.us.com)
CVSL is a growing platform of direct-to-consumer brands. Within CVSL, each company retains its separate identity, sales force, product line and compensation plan, while CVSL seeks synergies and efficiencies in operational areas. CVSL companies currently include The Longaberger Company, a 42-year old maker of hand-crafted baskets and other home decor items; Your Inspiration At Home, an award-winning maker of hand-crafted spices and other gourmet food items from around the world; Tomboy Tools, a direct seller of tools designed for women; Agel Enterprises, a global seller of nutritional products in gel form as well as a skin care line, operating in 40 countries; Paperly, which offers a line of custom stationery and other personalized products; My Secret Kitchen, a U.K.-based seller of gourmet food products; Uppercase Living, which offers a line of customizable vinyl expressions for display on walls in the home; Kleeneze, a 95-year old UK-based seller of cleaning, health, beauty, home, outdoor and a variety of other products, and Betterware, a UK-based catalog company. CVSL also includes Happenings, a lifestyle publication and marketing company.
Cautionary Note Regarding Forward-Looking Statements:
This press release contains forward-looking statements that involve risks and uncertainties. All statements other than statements of historical fact contained in this press release are forward-looking statements. We have attempted to identify forward-looking statements by terminology including "anticipate," "believe," "can," "continue," "could, " "estimate," "expect," "intend," "may," "plan," "potential," "predict," "project," "should," or "will" or the negative of these terms or other comparable terminology. Although we do not make forward-looking statements unless we believe we have a reasonable basis for doing so, we cannot guarantee their accuracy. These statements are based upon current beliefs, expectations and assumptions and include statements regarding CVSL's expected fourth quarter results, its continued progress, its ability to continue its growth and the expected name change, trading symbol change and CUSIP number change. These statements are subject to a number of risks and uncertainties including CVSL's ability to successfully implement its strategy and the other risks outlined under "Risk Factors" in CVSL's Annual Report on Form 10-K/A for its fiscal year ended December 31, 2014 and those risks discussed in other documents we file with the Securities and Exchange Commission, which may cause our actual results, levels of activity, performance, or achievements expressed or implied by these forward-looking statements to differ materially from expectations. Except as required by law, we undertake no obligation to update or revise publicly any of the forward-looking statements after the date of this press release to conform our statements to actual results or changed expectations.
Contact: Russell Mack (Russell.mack@cvsl.us.com)
Investor Relations: Tucker Gagen (tucker.gagen@cvsl.us.com)
Logo - http://photos.prnewswire.com/prnh/20160128/327033LOGO
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/cvsl-inc-to-change-its-name-and-stock-symbol-expects-q4-pro-forma-revenues-of-approximately-49-50-million-300211534.html
SOURCE CVSL Inc.
/Web site: http://www.cvsl.us.com
(END) Dow Jones Newswires
January 28, 2016 12:30 ET (17:30 GMT)
(MORE TO FOLLOW) Dow Jones Newswires (212-416-2800)
January 28, 2016 12:31 ET (17:31 GMT)
NEWS!!!
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CSS Alliance LLC Negotiating with Major Cargo Shipping Company to Bring in Millions in Assets and Contracts
Dec 16, 2015 08:30:00 (ET)
NEW YORK, Dec. 16, 2015 /PRNewswire/ - CSS Alliance (OTCMarkets.com: APRE) is pleased to announce that the company is working with a major cargo shipping company to infuse assets and contracts in excess of 15 million dollars. This will help CSS grow the company to the next level. These agreements will give CSS more stability and backing to achieve major milestones in its business plan. The goal of the company is to achieve a book value that qualifies as a NASDAQ small cap company in early 2016.
"We are working on major deals to prepare the company for large orders, this is our highest priority. With a major asset from a large organization, we believe it will put us in a position of strength." Garland Fite (President) said. "We are working on other manufacturing verticals as well as distribution contracts. Having additional assets will secure our ability to be flexible with various contracts and products. We will announce the details of these contracts in the near term"
About CSS:
CSS Alliance LLC ("CSS") is a management services organization specializing in manufacturing. Currently, CSS has an agreement with Intermobile Container's to help facilitate specialized containers into the marketplace. Moreover, these containers are an intermodal designed system, meaning it will be used on rail, truck and barges with out changing a thing. Less handling by man, and a more convenient way to store, transport and expel dry bulk products. The newly projected forecast for these containers for fiscal year 2016 should be approximately 1,000 units.
Safe Harbor Act: This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve substantial risks and uncertainties. You can identify these forward-lookingstatements by words such as "anticipate," "believe," "could," "estimate," "expect,""intend," "may," "should," "will," "would" or similar words. The statements that contain these or similar words should be read carefully because these statements discuss our future expectations, or state other forward-looking information. We believe that it is important to communicate our future expectations to our investors. Nonetheless, the Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
SOURCE CSS Alliance LLC
/CONTACT: Investor Relations: PACIFIC EQUITY ALLIANCE LLC, www.pacificequityusa.com, 858.886.7237
(END) Dow Jones Newswires
December 16, 2015 08:30 ET (13:30 GMT)
More filings out 12/4/15. Making an effort to stay current! Good sign!
NEWS!!
PR Newswire Comtex News Network
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ISGP Trade
News 0.0031 0 International Sustainability Group (ISGP) Forms Exclusive Partnership with Aperture Health Inc., (APRE), Subsidiary CSS Alliance LLC., to Provide Cost Effective Shipping of Cocoa and Algae Commodities for the Production of All Protein Bars
Nov 19, 2015 08:30:00 (ET)
MALVERN, PA, Nov. 19, 2015 /PRNewswire/ - International Sustainability Group, Inc./(OTC Pink: ISGP) an innovative green technology company announced today that they have signed a partnership agreement with CSS Alliance LLC., (APRE) to provide cost effective shipping Alternatives to ship Cocoa and Algae commodities for the production of all protein bars produced by ISGP.
ISGP has developed a portfolio of nutritional products based on Spirulina and many other healthy ingredients including cocoa and other ingredients which will be manufactured on a large scale basis. ISGP expects sales of its protein bars in the future to big enough to warrant shipping needs on a ongoing basis. CSS Alliance has developed innovative containers that are more efficient, hold more, and have less spillage of product than other containers. This benefit enables there to be no loss of product between truck, rail or boat while shipping commodities overseas. Thus, ISGP has agreed to use CSS Alliance's horizontal and vertical relationships in the container and shipping industry to ship product for ISGP in a cost effective manner.
ISGP recently has added MacaUp(TM) Energy Bar, AlgaeUp(TM) Energy Shot and a MoringaUP(TM) Protein Bar. With addition of all of these bars and plans to unfold more protein bars in the future the shipping needs for the company will be great. ISGP expects to sell hundreds of thousands of bars per month as there have been high interest in the bars.
"This partnership between ISGP and APRE is a great opportunity for both companies to provide greater revenue to APRE and save money for ISGP which will be a positive effect on the bottom line for both companies, Stated Buddy Rhodes CEO of ISGP."
About International Sustainability Group, Inc.
ISGP is an innovative green technology company focused on providing Environmentally Friendly Solutions and products that help to preserve the environment through sustainable living. For more information please visit our web site at www.isgpglobal.com.
About CSS Alliance LLC: CSS is a management services organization specializing in manufacturing and shipping of commodities. Currently, CSS has signed an agreement to manage Intermobile Container' manufacturing of their specialized container products on a multi-year basis. CSS will be managing this manufacturing. Moreover, this device is an inter-modal designed system meaning it will be used on rail, truck and barges without changing a thing. The projected forecast for the these larger devices is to put out over 50,000 units as quickly as possible which means managing multiple domestic (where feasible) and international manufacturers.
FORWARD-LOOKING STATEMENTS:
This press release may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Statements other than statements of historical facts included in this press release may constitute forward-looking statements and are not guarantees of future performance or results and involve a number of risks and uncertainties. Actual results may differ materially from those expressed or implied in the forward-looking statements as a result of a number of factors, including those described from time to time in filings with the OTC Markets and undertakes no duty to update any forward-looking statement made herein. All forward-looking statements speak only as of the date of this press release.
SOURCE International Sustainability Group, Inc.
/CONTACT: Benny J. Tillman, VP-Communication, benny.tillman@isgpglobal.com, Phone:(484)-551-8345
(END) Dow Jones Newswires
November 19, 2015 08:30 ET (13:30 GMT
APRE HOD $.1139!
Filings out yesterday. They are working on getting current. That is a good sign.
If this thing had a little volume it would fly! JMO
Excellent news!! Moving forward!! Beat me to it risk54! Have a great day and gltu!
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CVSL Trade
News 1.64 0 CVSL Acquires Betterware, Ltd.
Oct 15, 2015 17:41:00 (ET)
ACQUISITION CREATES STRONG POSITION IN U.K. DIRECT MARKET
DALLAS, Oct. 15, 2015 /PRNewswire/ -- CVSL Inc. (NYSE MKT: CVSL) has acquired 100% of Betterware Ltd., a United Kingdom-based direct-to-consumer company, making Betterware the tenth company to become part of CVSL and giving CVSL a commanding presence in the U.K. home shopping market.
CVSL's Vice Chairman and Chief Financial Officer John Rochon Jr. noted that there are significant similarities between Betterware and Kleeneze, another well-known U.K. direct-to-consumer company, which CVSL acquired in March. "These two famous brands and their sales networks will remain separate, while we expect major synergies in the operations of the two companies that we believe will yield efficiencies and improve profitability for both. The sales networks and customers of both companies should benefit."
"With Kleeneze and Betterware side by side within CVSL, we have a powerful position in the U.K. home shopping market. With both of these two established consumer growth brands in the CVSL portfolio, we expect to have a total sales network of about 13,000 people in the U.K. market, making us a major income opportunity creator in the U.K. and Ireland," he said.
"Having Betterware and Kleeneze together inside CVSL should give us an excellent platform for expansion into other European markets," added Mr. Rochon.
With about 5,000 distributors, Birmingham-based Betterware conducts business throughout the U.K. and Ireland. Customers order through distributors as well as by phone and online. Betterware transacts about five million customer orders every year.
For its last reported 12-month period, Betterware reported net revenue of approximately $36 million.
Betterware has been one of the U.K.'s most successful home shopping companies since 1928. Best known for its extensive houseware and home care cleaning products, its range has grown over the years in response to customers' needs and includes gifts, personal care and beauty, as well as outdoor and electrical products.
"Joining the CVSL family represents a great opportunity for Betterware," said Rob Way, Managing Director of Betterware. "This will open an exciting new chapter in our company's long and storied history. We are eager to make the most of this alliance and believe the efficiencies to be gained will be very good for our distributors and their customers."
About CVSL
CVSL is a growing federation of direct-to-consumer brands. Within CVSL, each company retains its own separate brand identity, sales force and compensation plan. CVSL companies currently include The Longaberger Company, a 42-year old maker of hand-crafted baskets and other home decor items; Your Inspiration At Home, an award-winning maker of hand-crafted spices and other gourmet food items from around the world; Tomboy Tools, a direct seller of tools designed for women as well as home security systems; Agel Enterprises, a global seller of nutritional products in gel form as well as the Caspi(TM) skin care line, operating in 40 countries; Paperly, which offers a line of custom stationery and other personalized products; My Secret Kitchen, a U.K.-based seller of gourmet food products; Uppercase Living, which offers a line of customizable vinyl expressions for display on walls in the home; and Kleeneze, a UK-based seller of cleaning, health, beauty, home, outdoor and a variety of other products. CVSL also includes Happenings, a lifestyle publication and marketing company.
Cautionary Note Regarding Forward-Looking Statements:
This press release contains forward-looking statements that involve risks and uncertainties. All statements other than statements of historical fact contained in this press release are forward-looking statements. We have attempted to identify forward-looking statements by terminology including "anticipate," "believe," "can," "continue," "could, " "estimate," "expect," "intend," "may," "plan," "potential," "predict," "project," "should," or "will" or the negative of these terms or other comparable terminology. Although we do not make forward-looking statements unless we believe we have a reasonable basis for doing so, we cannot guarantee their accuracy. These statements include statements about the synergies in the operation of Kleeneze and Betterware, the benefits of the acquisition, size of the expected UK sales network and the acquisition providing a platform for future European expansion and are based upon current beliefs, expectations and assumptions. These statements are subject to a number of risks and uncertainties, as to CVSL's ability to continue its growth, improve the profitability of the companies and other risks outlined under "Risk Factors" in CVSL's Annual Report on Form 10-K/A for its fiscal year ended December 31, 2014 and those risks discussed in other documents we file with the Securities and Exchange Commission, which may cause our actual results, levels of activity, performance, or achievements expressed or implied by these forward-looking statements to differ materially from expectations. Except as required by law, we undertake no obligation to update or revise publicly any of the forward-looking statements after the date of this press release to conform our statements to actual results or changed expectations.
CVSL Investor Relations Contact: Tucker Gagen (tucker.gagen@cvsl.us.com)
CVSL Media Contact: Russell Mack (russell.mack@cvsl.us.com)
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/cvsl-acquires-betterware-ltd-300160858.html
SOURCE CVSL Inc.
(END) Dow Jones Newswires
October 15, 2015 17:41 ET (21:41 GMT)
NEWS!!
Aperture Health, Inc's., Subsidiary CSS Alliance LLC Projects 500 Containers Sold by the end of 2015, Gives Guidance on Financials
Oct 13, 2015 16:36:00 (ET)
NEW YORK, Oct. 13, 2015 /PRNewswire/ - Aperture Health, Inc. (OTC: APRE) and CSS Alliance LLC ("CSS"), are pleased to announce that the company projects 500 containers sold by the end of 2015. Currently the company is on the verge of signing three contracts ready for manufacturing as soon as UCC approval and final testing is given on specialty HQ container.
Aperture Health and CSS have been working with their accounting personnel to update the APRE financials. APRE has been informed that they should be able to update their financials by the end of the month. Because of the acquisition of, CSS, as well as the process of upgrading their financials to being a fully audited company in the future. Both CSS and APRE have been in conference with their accountants and they believe that they should be prepared and ready for simultaneous posting with the APRE financials.
Mr. Ray Fite, the new APRE President stated that he was very pleased with the progress the finance people have thus far provided. 'We are looking forward to providing our shareholders with the most current information regarding APRE and its financials," stated Mr. Fite.
About Aperture Health Inc.: APRE is a development stage company engaged in the merger and acquisition of revenue generating companies either producing or engaging in clean alternative disposal projects.
About CSS Alliance LLC: CSS is a management services organization specializing in manufacturing. Currently, CSS has signed an agreement to manage Intermobile Container' manufacturing of their specialized container products on a multi-year basis. CSS will be managing this manufacturing. Moreover, this device is an inter-modal designed system meaning it will be used on rail, truck and barges with out changing a thing. The projected forecast for the these larger devices is to put out over 50,000 units as quickly as possible which means managing multiple domestic (where feasible) and international manufacturers.
Safe Harbor Act: This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve substantial risks and uncertainties. You can identify these forward-looking statements by words such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "should," "will," "would" or similar words. The statements that contain these or similar words should be read carefully because these statements discuss our future expectations, or state other forward-looking information. We believe that it is important to communicate our future expectations to our investors. Nonetheless, the Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
SOURCE Aperture Health, Inc.
/CONTACT: Investor Relations: PACIFIC EQUITY ALLIANCE LLC, www.pacificequityusa.com, 858.886.7237
(END) Dow Jones Newswires
October 13, 2015 16:36 ET (20:36 GMT)
NEWS!!!
CSS Alliance LLC Hires New Vice President
Oct 07, 2015 09:00:00 (ET)
NEW YORK, Oct. 7, 2015 /PRNewswire/ - CSS Alliance (OTCMarkets.com: APRE) is pleased to announce that the company has successfully hired a Vice President of Manufacturing, Mr. Chong Lee.
"I have worked in the manufacturing industry for over 30 years and know the International market extremely well," Chong Lee said. "We are looking for several strategic relationships within Korea to help augment our management services, but also to create new verticals within the organization. We are working with several manufacturers in Korea to license products for our exclusive rights to sell."
Mr. Chong Lee was instrumental in helping with initial designs of the specialized containers CSS Alliance initially started with. He was able to get multiple prototypes completed with two different manufacturing firms. "My ability to create markets is another key component to this new venture," Chong Lee said.
"We are currently working with a Toronto based firm who ships concrete to both Africa and India and are excited about the potential. Additionally, we're working with an Australian company who is determining the significant cost savings by being able to utilize the containers as a silo storage solution to those who currently have to rent barges of the cost due to environmental reasons. The containers we've helped design rid the concerns on the this issue due to them being air tight self-contained units, and allow clients to store these units inland without previous concerns which saves clients hundreds of thousands of dollars," Chong Lee said.
About CSS:
CSS Alliance LLC ("CSS") is a management services organization specializing in manufacturing. Currently, CSS has signed an agreement to manage Intermobile Container's Manufacturing of their specialized container products on a multi-year basis. CSS will be managing this manufacturing. Moreover, this device is an inter-modal designed system meaning it will be used on rail, truck and barges with out changing a thing. The projected forecast for the these larger devices is to put out over 50,000 units as quickly as possible which means managing multiple domestic (where feasible) and international manufacturers.
Safe Harbor Act: This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve substantial risks and uncertainties. You can identify these forward-looking statements by words such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "should," "will," "would" or similar words. The statements that contain these or similar words should be read carefully because these statements discuss our future expectations, or state other forward-looking information. We believe that it is important to communicate our future expectations to our investors. Nonetheless, the Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
Investor Relations:
PACIFIC EQUITY ALLIANCE LLC
www.pacificequityusa.com
858.886.7237
SOURCE Aperture Health, Inc.
/CONTACT: Investor Relations: PACIFIC EQUITY ALLIANCE LLC, www.pacificequityusa.com, 858.886.7237
(END) Dow Jones Newswires
October 07, 2015 09:00 ET (13:00 GMT)
NEWS!!!
Agel Introduces New Probiotic Product for Digestive Health
Sep 29, 2015 16:18:00 (ET)
DALLAS, Sept. 29, 2015 /PRNewswire/ -- Agel Enterprises, a member of the CVSL Inc. [NYSE MKT: CVSL] family of consumer brands, has introduced a new probiotic product in gel form that it believes represents an important advance in this category of supplements.
The product is called Agel BIO(TM) and it delivers probiotic strains through a water-based suspension gel. This is expected to ensure that the benefits of the supplement are delivered more effectively and spread more evenly in the intestine than is the case with probiotic pills or capsules, according to microbiologist Kiran Krishnan, whose company was involved in the development of the product.
"Agel BIO is one of the most exciting advances in probiotics that I've seen in my career," said Krishnan. "It is designed to maintain a healthy balance of good and bad bacteria within the body, and that in turn promotes proper digestion, absorption of nutrients from food and overall good health and a sense of well-being."
Probiotics are live bacteria and yeasts that many studies have shown are good for human digestive health. They are naturally found in the body. Agel BIO uses two different probiotic strains that work together once absorbed by the body.
"One of the keys to a healthy body is having the right balance of good and bad bacteria in the digestive system. Agel BIO is a fantastic product with an amazingly efficient delivery system, because it is in gel form. I believe it represents an important advance in this vital area of good health," said Krishnan.
Agel BIO was introduced at Agel's tenth annual sales convention, in Lyon, France. "Within hours of our introducing the product, our entire initial stock had been sold out," commented Jeff Higginson, Agel's co-CEO. "We've been developing cutting edge supplements for ten years, and Agel BIO is a great breakthrough to launch our second decade."
About CVSL
CVSL is a growing platform of direct-to-consumer brands. Within CVSL, each company retains its own separate brand identity, sales force and compensation plan. CVSL companies currently include The Longaberger Company, a 42-year old maker of hand-crafted baskets and other home decor items; Your Inspiration At Home, an award-winning maker of hand-crafted spices and other gourmet food items from around the world; Tomboy Tools, a direct seller of tools designed for women as well as home security systems; Agel Enterprises, a global seller of nutritional products in gel form as well as a skin care line, operating in 40 countries; Paperly, which offers a line of custom stationery and other personalized products; My Secret Kitchen, a U.K.-based seller of gourmet food products; Uppercase Living, which offers an extensive line of customizable vinyl expressions for display on walls in the home; and Kleeneze, a UK-based seller of cleaning, health, beauty, home, outdoor and a variety of other products. CVSL also includes Happenings, a lifestyle publication and marketing company.
Cautionary Note Regarding Forward-Looking Statements:
This press release contains forward-looking statements that involve risks and uncertainties. All statements other than statements of historical fact contained in this press release are forward-looking statements. We have attempted to identify forward-looking statements by terminology including "anticipate," "believe," "can," "continue," "could, " "estimate," "expect," "intend," "may," "plan," "potential," "predict," "project," "should," or "will" or the negative of these terms or other comparable terminology. Although we do not make forward-looking statements unless we believe we have a reasonable basis for doing so, we cannot guarantee their accuracy. These statements include statements about the growth of CVSL, the expected benefits of the product and the impact of the new probiotic product on the supplements market. These statements are subject to a number of risks and uncertainties, including the customer demand for the products, risks related to the sale of nutritional supplements generally and the risks outlined under "Risk Factors" in CVSL's Annual Report on Form 10-K/A for its fiscal year ended December 31, 2014 and those risks discussed in other documents we file with the Securities and Exchange Commission, which may cause our actual results, levels of activity, performance, or achievements expressed or implied by these forward-looking statements to differ materially from expectations. Except as required by law, we undertake no obligation to update or revise publicly any of the forward-looking statements after the date of this press release to conform our statements to actual results or changed expectations.
CVSL Media Contact: Russell Mack (rmack@cvsl.us.com)
CVSL Investor Relations Contact: Tucker Gagen (tucker.gagen@cvsl.us.com)
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/agel-introduces-new-probiotic-product-for-digestive-health-300151052.html
SOURCE CVSL Inc.
/Web site: http://cvsl.us.com
(END) Dow Jones Newswires
September 29, 2015 16:18 ET (20:18 GMT)
CSS Alliance LLC Completes Design of Tier Two Specialized Container
Sep 23, 2015 08:30:00 (ET)
NEW YORK, Sept. 23, 2015 /PRNewswire/ - CSS Alliance (OTC: APRE) is pleased to announce that the company has successfully designed a new specialized container.
"Working with Intermobile we identified a new design called a HQ container. This container is bigger and meets the needs for companies that need to transport more product." Garland Fite (President) said, "We have completed the new design and it is in route to manufacturing. We anticipate this to be completed in October. This new design is 20 ft. in length: 9.6 ft height: and 8ft wide. It's basically 1 ft taller and the new capacity is 725 cubic ft with a payload of +/- 34 tons."
This new container caters to larger clients who need more bang for their buck. We believe this will increase sales drastically and are very pleased with this design and look forward to this new vertical. "Additionally, we're working on new opportunities in Korea and are very near a couple of exclusive deals," said Chong Lee (VP of Manufacturing).
There will now be two products to offer clients. This new design is also fit for rail, trucking and/or shipping.
About CSS:
CSS Alliance LLC ("CSS") is a management services organization specializing in manufacturing. Currently, CSS has signed an agreement to manage Intermobile Container's Manufacturing of their specialized container products on a multi-year basis. CSS will be managing this manufacturing. Moreover, this device is an inter-modal designed system meaning it will be used on rail, truck and barges without changing a thing. The projected forecast for the these larger devices is to put out over 50,000 units as quickly as possible which means managing multiple domestic (where feasible) and international manufacturers.
Safe Harbor Act: This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve substantial risks and uncertainties. You can identify these forward-looking statements by words such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "should," "will," "would" or similar words. The statements that contain these or similar words should be read carefully because these statements discuss our future expectations, or state other forward-looking information. We believe that it is important to communicate our future expectations to our investors. Nonetheless, the Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
SOURCE CSS Alliance LLC
/CONTACT: Investor Relations: PACIFIC EQUITY ALLIANCE LLC, www.pacificequityusa.com, 858.886.7237
(END) Dow Jones Newswires
September 23, 2015 08:30 ET (12:30 GMT)
NEWS!!!!!!!!!!!!
Agel Introduces Caspi(TM), A Skin Care Breakthrough New Product Uses Caviar Stem Cell Extract And 24 Karat GoldFont size: A | A | A
4:30 AM ET 9/18/15 | PR Newswire
Agel Enterprises, a company within the CVSL Inc. (NYSE MKT: CVSL) family of direct-to-consumer brands, today introduced what it expects will become the next generation of skin care.
https://photos.prnewswire.com/prnvar/20150917/267806
It is a unique and revolutionary system called "Caspi(TM)" that uses stem cell extract from the finest Siberian Sturgeon caviar and 24 karat gold which is intended to make skin appear more youthful by helping encourage the growing layer of skin to produce youthful-looking skin tissue. The skin may actually appear firmer and more radiant over time, with fewer lines and wrinkles.
The new skin care system was unveiled today in Lyon, France, at Agel's annual worldwide convention. Today's announcement was made by John Rochon Jr., CVSL's vice chairman, who said of the new products, "I believe this is the most important and most dramatic skin care advance of the past 50 years."
"We believe Caspi is unlike anything the beauty market has ever seen. Caspi's exclusive formula literally takes skin care back to the very basis and core of young, healthy skin. The egg is the ultimate source of youth, purity and life. Using caviar stem cell extract for skin care is a unique innovation," added Mr. Rochon.
"If a new product is so good that it actually can change the way a person looks, to the point that their friends see a visible difference, it opens huge earning and recruiting opportunities for the entrepreneurs who are lucky enough to sell it," said Mr. Rochon. "We believe Caspi is the kind of breakthrough that can launch a whole new level of income growth for our independent sales force."
Caspi consists of a three-part beauty regimen:
-- A caviar cleanser, which gently removes surface impurities while it hydrates the skin.
-- A gold-infused anti-aging serum, applied with a roller ball along the creases of wrinkles, which diffuses light through thousands of microscopic beads coated in 24 karat gold, to soften the shadows that cause visible wrinkles and restore a soft, youthful glow to the skin.
-- A creamy caviar moisturizer made with caviar stem cell extract, which is designed to stimulate the freshly growing cells to organize into firmer, younger feeling and younger looking skin. Potent botanical extracts nourish, soothe and moisturize the skin. Caspi has a fresh, botanical fragrance.
Developed by a team of highly-respected cosmetic chemists, Caspi combines the highest quality natural ingredients. Unlike ordinary skin care products that are little more than masks, the new product goes to the very source of life and regeneration -- and combines it with the ultimate symbols of luxury: caviar and gold.
Caspi is available exclusively through the Agel independent sales force. Agel is a global seller of nutritional products in gel form as well as a skin care line, operating in 40 countries.
"We are absolutely thrilled that Agel now has what we believe to be the most exciting skin care line in the world," said Jeff Higginson, Agel's co-CEO. "From the packaging to the product itself, it is simply extraordinary. We expect that when customers try it, they will never be satisfied with other skin care products again. It is an incredible product."
About CVSL
CVSL is a growing platform of direct-to-consumer brands. Within CVSL, each company retains its own separate brand identity, sales force and compensation plan. CVSL companies currently include The Longaberger Company, a 42-year old maker of hand-crafted baskets and other home decor items; Your Inspiration At Home, an award-winning maker of hand-crafted spices and other gourmet food items from around the world; Tomboy Tools, a direct seller of tools designed for women as well as home security systems; Agel Enterprises, a global seller of nutritional products in gel form as well as a skin care line, operating in 40 countries; Paperly, which offers a line of custom stationery and other personalized products; My Secret Kitchen, a U.K.-based seller of gourmet food products; Uppercase Living, which offers an extensive line of customizable vinyl expressions for display on walls in the home; and Kleeneze, a UK-based seller of cleaning, health, beauty, home, outdoor and a variety of other products. CVSL also includes Happenings, a lifestyle publication and marketing company.
Cautionary Note Regarding Forward-Looking Statements:
This press release contains forward-looking statements that involve risks and uncertainties. All statements other than statements of historical fact contained in this press release are forward-looking statements. We have attempted to identify forward-looking statements by terminology including "anticipate," "believe," "can," "continue," "could," "estimate," "expect," "intend," "may," "plan," "potential," "predict," "project," "should," or "will" or the negative of these terms or other comparable terminology. Although we do not make forward-looking statements unless we believe we have a reasonable basis for doing so, we cannot guarantee their accuracy. These statements include statements about the growth of CVSL, the anticipated customer results after they try the products and the impact of the new skin care line on the beauty market. These statements are subject to a number of risks and uncertainties, including our ability to unveil the product line when anticipated, the customer demand for the products and the risks outlined under "Risk Factors" in CVSL's Annual Report on Form 10-K/A for its fiscal year ended December 31, 2014 and those risks discussed in other documents we file with the Securities and Exchange Commission, which may cause our actual results, levels of activity, performance, or achievements expressed or implied by these forward-looking statements to differ materially from expectations. Except as required by law, we undertake no obligation to update or revise publicly any of the forward-looking statements after the date of this press release to conform our statements to actual results or changed expectations.
CVSL Media Contact: Russell Mack (rmack@cvsl.us.com)CVSL Investor Relations Contact: Tucker Gagan (tucker.gagan@cvsl.us.com)
Photo - http://photos.prnewswire.com/prnh/20150917/267806
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/agel-introduces-caspi-a-skin-care-breakthrough-new-product-uses-caviar-stem-cell-extract-and-24-karat-gold-300145329.html
SOURCE CVSL Inc.
I agree! A little volume could get this thing moving close to $.10 I think. JMO
CSS Alliance LLC Completes Sample Containers, Readies for New Contracts and Hires New CEO
Sep 14, 2015 08:30:00 (ET)
NEW YORK, Sept. 14, 2015 /PRNewswire/ - CSS Alliance (OTC:APRE) is pleased to announce that the company has successfully finished its first sample containers and is ready to start taking orders for its products. The sample containers have been delivered to Intermobile Container's headquarters and are ready for showing customers. The company has commenced the process of taking new orders and sales contracts for its containers. The response to the new container has been extraordinary and the company is receiving inquiries both domestically and overseas. CSS will announce new contracts for containers as they are completed.
The company is also pleased to announce that they have hired a seasoned veteran to run the company. Mr. Ray Fite, shall become the new APRE President as James Hennig has stepped down from APRE. Garland Fite will be the new President of CSS Alliance and CEO of Aperture Health Inc. Mr. Fite will take over the organization and lead it to push new licensing agreements and grow revenues.
"I was attracted by the company's vision to build a sustainable management services and manufacturing organization both domestically and internationally." Fite said. "I believe that by offering these types of services to small and medium sized companies, they can compete with bigger companies, due to their reduced operational costs. Along with that, I'm excited to work on various licensing agreements to build the companies' revenue stream as well."
Fite comes to CSS Alliance with over 40 years of experience managing companies and running large organizations. Most recently, Fite worked in Hawaii developing several movie projects as well as a large film studio.. His experience in Manufacturing, Casino's, Automotive Services, Security, film business and Publishing will help Mr. Fite in making an easy transition into his current position with CSS Alliance..
Mr. Fite will finish up his duties in Hawaii and move to corporate headquarters within the next 2 weeks to take over all operations.
"I intend to apply my vast experience and skills to the task of developing new opportunities in order to both sustain CSS's mainstay (Manufacturing Services) and to take full advantage of new opportunities. Our plans are to grow this company into a small but powerful company for both the business itself and more importantly for its shareholders.
About CSS:
CSS Alliance LLC ("CSS") is a management services organization specializing in manufacturing. CSS has signed an agreement to manage Intermobile Container's, and manufacturing of their specialized container products on a multi-year basis. CSS will be managing this manufacturing on a worldwide basis. This supply system eliminates multiple handling and as a result saves money by decreasing costs, product deterioration, liability, and time. Moreover, this device is an intermobile designed system that can be integrated on rail, truck and barges without changing a thing. The projected target for these container's is to sell or lease over 100,000 units as soon as possible worldwide. The result of this will mean that CSS will manage multiple domestic and international manufacturing of these containers.
Safe Harbor Act: This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve substantial risks and uncertainties. You can identify these forward-looking statements by words such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "should," "will," "would" or similar words. The statements that contain these or similar words should be read carefully because these statements discuss our future expectations, or state other forward-looking information. We believe that it is important to communicate our future expectations to our investors. Nonetheless, the Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
SOURCE CSS Alliance LLC
/CONTACT: Investor Relations: PACIFIC EQUITY ALLIANCE LLC, www.pacificequityusa.com, 858.886.7237
(END) Dow Jones Newswires
September 14, 2015 08:30 ET (12:30 GMT)
Damn shame! This thing could run a little with some volume!
Yep, somebody knew something was up yesterday! Let's see who catches on to this news.
Aperture Health, Inc. Completes Acquisition of CSS Alliance LLC
Sep 09, 2015 09:00:00 (ET)
NEW YORK, Sept. 9, 2015 /PRNewswire/ - Aperture Health, Inc. (OTC:APRE) is pleased to announce that the Company has successfully completed the acquisition of CSS Alliance LLC ("CSS"), www.css-alliance.com , by executing the definitive acquisition agreement.
On or about November 5, 2014, the Company and CSS had agreed in principle to the acquisition of CSS, subject to final definitive agreements. The companies had executed a non-binding Letter of Intent outlining the major terms of the acquisition. The Company is pleased to have completed this acquisition, now is focusing on major contracts for its pass box container and will announce them in the near term.
As a condition to the acquisition, APRE's Board of Directors have agreed to issue a controlling block of restricted common shares of APRE stock to CSS. The shares will be locked up for a minimum of one year. APRE's management believes this acquisition and change in control will provide true value in the near future for the combined shareholders of the companies.
About Aperture Health Inc.:
APRE is a development stage company engaged in the merger and acquisition of revenue generating companies either producing or engaging in clean alternative disposal projects.
About CSS Alliance LLC:
CSS Alliance LLC ("CSS") is a management services organization specializing in manufacturing. CSS has signed an agreement to manage Intermobile Container's, and manufacturing of their specialized container products on a multi-year basis. CSS will be managing this manufacturing on a worldwide basis. This supply system eliminates multiple handling and as a result saves money by decreasing costs, product deterioration, liability, and time. Moreover, this device is an intermobile designed system that can be integrated on rail, truck and barges without changing a thing. The projected target for these container's is to sell or lease over 100,000 units as soon as possible worldwide. Th result of this will mean that CSS will manage multiple domestic and international manufacturing of these containers.
Safe Harbor Act: This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve substantial risks and uncertainties. You can identify these forward-looking statements by words such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "should," "will," "would" or similar words. The statements that contain these or similar words should be read carefully because these statements discuss our future expectations, or state other forward-looking information. We believe that it is important to communicate our future expectations to our investors. Nonetheless, the Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
SOURCE Aperture Health, Inc.
/CONTACT: Investor Relations: PACIFIC EQUITY ALLIANCE LLC, www.pacificequityusa.com, 858.886.7237
(END) Dow Jones Newswires
September 09, 2015 09:00 ET (13:00 GMT)
Nearly 10X average volume for 10 days @ 1.6m! Somebody know something?