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So true - I don't think anyone wanted to "invest" in this turd 10 years ago but when a ticker is frozen you don't have any options.
As much as I want this to run - I'm not seeing anything that points to strong performance here. Tweet's can only do so much. More red ahead is my prediction.
And still down 10% for the day. Not very encouraging.
Not a bad game to play - buy in the .004's - pump it to the .006's and sell for a nice 25% return in a couple days.
Don't know why that would need to be deleted.
The fact is this is all speculation and no one knows anything other than the cryptic tweets from a company with a one page website. Another fact is that sometimes these RM's are done to generate volume so they have a platform to dilute. Or it could be something real going on that will really move this up.
But the "10 baggers plus" hype is just pump.
In this for over 8 years now - nothing more to lose! Agree this could be a P&D, today there is another ticker that just officially announced a RM and was diluted down to -40% loss for the day.
Just saying...
If it ran once, it can again. I had written off this one so just seeing it trade again is cool.
Just saw that SFIO was trading again - very surprised - still own from 8 years ago - lets see where this goes!
RIP CVSL, it's been a profitable ride! Welcome JRJR - looking forward to GREAT things!
Tvanhait@yahoo.com - please send it to me.
Nothing you have commented on has come true. We ARE listed on the NYSE MKT, we ARE above the $8 - $10 price range.
I feel sorry for you if you haven't made any money on this one because it's been a money maker!
Nice quiet end to CVSL's era on the BB. Tomorrow starts a new era on the NYSE MKT!
Looking forward to it!
Does anyone know if it up-lists at current trading price or is it up-listed at another share price?
Great news! After several false starts it looks like we will finally get there!
I am curious what exchange CVSL will up list to. Now that the NYSE AMEX application has been withdrawn. I know that JR and team have a plan but the curiosity is killing me.
As with all things CVSL, patience is required and rewarded handsomely!
Read the PR just released, up listing happening next week. No worries and no paid pumpers and no paranoid day traders either, we are long term investors in this one!
Up listing at $13! That's a good sign!
http://247wallst.com/investing/2014/11/22/only-1-ipo-might-try-the-market-in-the-short-week-ahead/
Up listing happening Tuesday the 25th! Maybe active trading by December 1st. Finally!
http://www.watchlistnews.com/cvsl-cvsl-to-raise-60-million-in-ipo/165742/
And we wait...
Will the up listing happen this week? It has been reported that CVSL is evaluating when to up list on a day by day basis.
http://seekingalpha.com/article/2664695-week-ahead-10-u-s-ipos-planned-for-the-week-of-november-10-as-the-ipo-market-hits-250-with-virgin-america
I now understand what the hold up is... to exclude 49 institutional investors from participating in the IPO would not be good. I'm sure they are busy getting them to sign off on the liability and be able to participate in the IPO. Once most of them sign off they will proceed with finalizing the up listing.
It is the case; here is info directly from the S1: (what a mess)
"We have been advised that on or about October 22, 2014, in an effort to solicit roadshow meetings for us with potential investors, emails authored by employees of Cantor Fitzgerald & Co. were sent to a number of prospective institutional investors. The emails did not attach a copy of the preliminary prospectus. One of the emails was sent by one employee to the representatives of three (3) prospective institutional investors ("Email A") and contained disclosure regarding an analysts' estimate of our expected market capitalization and EBITDA for 2016. The other email ("Email B") was sent by three (3) employees to the representatives of forty-six (46) prospective institutional investors. While some of the factual statements about our company in Email B are disclosed in this prospectus, other statements that were made contained inaccurate factual information regarding our EBITDA, our industry growth since last year and our number of sales representatives. The recipients of these emails have been or will be advised that the emails were distributed in error and that the contents of the email messages should be disregarded and should not be forwarded, recirculated or relied upon in any respect when making an investment decision regarding our common stock. Only the disclosure in this prospectus contains the correct information regarding this offering and the disclosure in this prospectus should be the only disclosure that is relied upon in making an investment decision in this offering. We and the underwriters have agreed that we will not sell any securities in this offering to any of the forty-nine prospective institutional investors who received Email A or Email B without the prior written agreement of the Company and the lead representative of the underwriters. The recipients of Email A and Email B have been or will be notified that they may not be permitted to purchase shares of our common stock from the underwriters in the offering.
Any disclosure in Email A or Email B that did not comply with, or that exceeded the scope permissible under, Rule 134 of the Securities Act of 1933, as amended (the "Securities Act"), would not be entitled to the "safe-harbor" provided by Rule 134. As a result, the email messages could be determined to be an illegal offer of securities in violation of Section 5 of the Securities Act. If the communications in the emails were to be held by a court to be a violation by us of the Securities Act, the recipients of the email messages, including someone who may have been forwarded the emails, if any, who purchase shares of our common stock in this offering could have a rescission right, to require us to repurchase those shares at their original purchase price with interest or a claim for damages if the purchaser no longer owns the securities, for one year following the date of the violation. In addition, we have agreed to indemnify each of the underwriters for losses that they may incur as a result of the distribution of the emails by Cantor Fitzgerald & Co. Consequently, due to the email communications and indemnification, we may have a contingent liability arising out of this possible violation of the Securities Act. The likelihood and magnitude of this contingent liability, if any, is presently impossible to quantify, and would depend, in part, upon the number of shares purchased by any recipients of the email messages and the subsequent trading price of our common stock. If any violation of the Securities Act is asserted, we intend to contest the matter vigorously."
Thanks Cliffnotes! I'll bet JR is NOT happy about this. Months of planning and working towards an up listing and then have some CF employees F*** it up. Pretty unbelievable!
I know it will get straightened out but what a cluster!
Any ideas on whats going on here? I emailed IR with some questions and asked for clarification over a week ago with no response.
Anyone who might have some speculation on the current happenings with CVSL?
And we're back to pre RS range!
Go CVSL
Here is the current l2 for CVSL, it's trading on OTCQX.
http://www.otcmarkets.com/stock/CVSL/quote
Still on the OTCQX exchange or am I missing something?
Yup, trading has begun!
CVSL
Whats going on? Yesterday it looked like CVSL was in the process of moving to AMEX, now they are being quoted on OTC again (not traded). Maybe they ran into some unforeseen issues? Anyone have any insight on what might be happening? It's also unusual to have a congratulatory PR have to be corrected and change it's wording to indicate that they have not actually moved to the new exchange.
If your concerned, you can unload some right now at $11.50 which is above the IPO price. My money says there will be up side on this but I could be wrong!
CVSL
Published range for up listing - $8 - $10, I don't think it's a coincidence that we just happen to be trading right at those levels. My guess is that we trade right here until up list. Then it's a whole new exchange and it's anyone's guess!
New shares delivered to my account. Game on.
New shares delivered to my account. Game on.
Anyone who has been through an RS knows that it takes time to deliver the new shares and that our shares are not available for a few days. CVSL longs know this. This is not unique to CVSL, it's a generally understood process for this type of transaction.
CVSL
Gonna be interesting to see what kind of trading will be established with the split and up listing pending!
Exciting times for sure!
CVSL
I agree it's good news but I think we're seeing disappointment that ANOTHER amendment is filed and not the final announcement. The amendments are not going generate any real interest.
Not priced for the new exchange, donkeys are stubborn.
It's definitely taking longer than average for this to get priced. We've been saying "it must be getting close" for months, still nothing. I, for one, am anxious to see this priced. Based on the action lately, there are some who are anxious enough to bail on CVSL. I think we continue a slow drift down in pps until we get priced.
On the bright side, it's a great time to grow your position.
$CVSL
I must admit that the up listing is taking longer than I would have initially thought. Not worried, just wondering why?
CVSL
If there is a promo on cvsl, it certainly isn't bringing in any buyers. Not sure the info on the promotion was correct.
Cvsl