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200 shares sold at the end is not a green day or sign of buying. Big sell off today. Watch that tenfold tomorrow. It's gonna be a funny scramble. I don't see any real trading until its in the teens probably next week...
I already brought that one up and apparently it wasn't understood. What's the matter, change of heart?
Oh and good. Hold all your shares. I don't want to be responsible for cutting your profits, and I sure don't want to make you take any losses. But help you to make an informed decision.
Good luck!
That's pretty flattering but no. Remember you all thought I was just an old basket lady...
Yes there is lots of money to be made, but you have to have lots in order to make it.
I do not doubt that this stock will make it to a couple dollars, but I do not think that it will happen the way you all think with the current share structure. There is just no way to support it.
Yea I could be wrong, and already told you all I'd admit it when the time comes, but that time has not come yet.
And don't try and say I'm out to Hurt the stock or keep it down. If one persons opinion can do that then there is probably something wrong with the stock.
It was a reverse acquisition where hcg bought cvsl. They were issued 438mil shares and payed out 2.6 mil.
Call it what you want but in case you missed it here is some other good info:
As contemplated by the Share Exchange Agreement, the holders of a majority of our issued and outstanding shares of Common Stock immediately before the First Tranche Closing, have, by written consent, approved an amendment (the “Amendment”) to our Articles of Incorporation to: (a) increase our authorized shares of Common Stock from four hundred ninety million (490,000,000) to five billion (5,000,000,000) and (b) change our name. The Amendment will be described in a definitive Information Statement on Schedule 14C to be provided to our shareholders.
Look into the second or third post today from Stockpro69 and look into the filing reports. It is coming and already in print. Apparently just forgotten about.
This is where I would put my money. But kinda hard to do that.
Agreed and not likely!
On September 25, 2012, we completed the initial share exchange contemplated by the Share Exchange Agreement (the “Initial Share Exchange”) and related transactions. At the closing for the Initial Share Exchange and related transactions (the “First Tranche Closing”), in exchange for all of the outstanding capital stock of HCG (the “HCG Stock”) owned by Rochon Capital, we issued to Rochon Capital 438,086,034 shares of our common stock, $0.0001 par value per share (“Common Stock”), representing approximately 90% of our issued and outstanding capital stock. The Initial Share Exchange resulted in a change in control of the Company, and the holders of our outstanding Common Stock immediately before the Initial Share Exchange experienced significan t dilution from such event. In addition, HCG became our wholly-owned subsidiary as part of the First Tranche Closing.
Right out of the 8k. Look for yourselves if you don't believe me... hcg was the first acquisition. It is right here in print and anyone who doesn't believe it is crazy.
Hcg is owned by rochon and so everything says they are rochons shares. This is a correct way to show it, but it started as the first acquisition. I think there will be plenty more shares coming into play especially since the 8k also says there will be an additional 4 billion available for acquisitions. Just how did you think they buy a controlling interest?
No I'm just realistic. Don't live in fairy tale land sorry. How boring would things be if everyone believed this stock would go there? I'm here to make money just like you, but am a little more conservative than you all apparently.
You guys are all funny. No real reason to be so happy... You all thought it was up up and away. I told you we would be here and you all thought I was crazy. Well look where we are. Yes we will probably go up a little over tomorrow and then back down. A week on this stock will be detrimental with no news. There is always a bounce back after a huge spike and decline.
Unless we hear something tomorrow or Friday the breaks will be hit... Without any volume there is only one place it will go. and I still disagree about dilution and r/s.... That cannot be ruled out. Still a lot of unknowns and a lot of discussion about it in the buyout. When longaberger joins, everything can be changed to basically cut us out. It's about money and its all jr s. he will do what is in his best interest.
think about this, if there is no r/s and this goes to 5.00 his 20 mil loan just became 300 mil. And this doesn't even take into account of the 400 mil shares hcg got. There is no f ing way that will happen. A RS is going to happen or dilution and the price will never get there... Sorry to be a pessimist but even on the big boards that doesn't happen. The revenue is just not here...
Ouch! This is only the beginning. Only News, and good news will help. Thats what you get for Pumping a penny, and being so disrespectful to people with other views and opinions.
this board is supposed to be here for constructive criticism, and to provide the whole story. Not just what works for your wallets... we will see teens...
Far from Stabilized....
I will believe it when I see it. And a one or two day shot with low volume trading doesn't count...
Don't worry they are all yours. Until your pockets are dry and the fall continues.
Wow that post was deleted quickly. It's not just one persons opinion. There was a lot of hype and shot this up way past its current value. Especially since there isn't any word on the acquisition. Anything can happen with the share structure, and don't even try to say this stock is different because it isn't right now.
Possibly with an official report this will go back up, but I won't hold my breath. Back to reality again. No need to say more.
I don't deny that I left a little on the table, but then again there has not been many shares traded so I would have had trouble selling now. Yes I could possibly want to get back in but not until the agreement comes out. I have a sneaky suspicion it's not quite as glamorous as everyone thinks. The math just isn't there. And After the hype that is what eventually drives the price.
Well you could be right and make tons and tons of money. Or you can be wrong and just kicking yourself tomorrow.
I'd rather make a little less and know the direction it's going instead of loosing big.
That is always a possibility. But i don't want to buy at this level, I don't believe it's a solid price.
Waiting for the actual agreement to validate the pps. we will see.
There currently is nothing concrete about this being worth dollars. that is not a factual statement. And right now just an opinion. People just don't realize that you can't just keep giving out shares and not effect the share price. There are hundreds of millions of shares outstanding for this company and no big money coming in yet. There simply is no business to support the current share price. Yes in the future a possibility, but depends on the share structure that is yet to be determined.typical chart for a penny stock. Look back at this time last year. A developing pattern and not uncommon for these types of stocks.
All I'm saying is time will tell really soon and possibly in a big way. Spikes go down faster than they go up, I know what side of the mountain I'd rather be on...
I think that last post was a little out of line putting links to two nice lady's profiles on a public forum. I am not who you think I am I'm a guy in my mid thirties who stumbled across cvsl by accident. Looking to make a buck and finally succeeded. Probably invested more than I should have due to a lot of hype that was coming from a lot of the same people now. Yes it was my decision and I had accepted my losses a long time ago hoping one day it would return and I could actually turn it around. Having that said I you can call it what you want but a stock trading well under 200k shares a day hardly makes it big leagues. There were multiple days of 0 shares traded. Even if it hits 1 dollar good luck selling any. I know a lot of you are thinking it but no one has the balls to say it. Well there is proof I'm not a chick. Not trying to be a hater but seriously guys it is hard to keep hearing about Vegas and the massive amounts of money we will all make. You are all helping pump the stock as well. I just think people should think about everything before putting their life savings into a stock because of Mis leading info.
Take it for what it's worth I hope it does work out for everyone, but it is a penny stock and you can loose it faster here than you can make it.
Good luck to all. Trade smart and just because others do it doesn't mean it's the right thing...
I'm actually neither and no that isn't me. I'm happy with the profits I just took. Yes they might be bringing in 6 bil worth of business but that does not come free. And all the bs about Avon and Mary Kay joining is nothing but bs. Until there is something in writing it is just opinions of yours. And I'm sure you have all heard about opinions.
I guess we will all see what happens now. After a 2-3 year high that we are at it was an easy decision to sell. The way this stock has been trading I just don't see the value. Like someone else already said, it's a penny stock and very unpredictable. I heard a lot of you saying the same stuff about the guide wire over a year ago. Just my opinion, but if this truly does go north of 5, do you realize the amount of money we are talking in this company?
only time will tell...
I have a question, if the outstanding shares are approximately 487.7 m, at the current pps of .47 mean the company is worth 234.1 m? That seems about 100m more than it actually is correct? I don't see how you all think the price will go to $1 plus especially $10. That seems very unrealistic especially in the short term. If companies join cvsl and they probably will, won't that just dilute the total pps? They will not be joining for free and jr is not going to give out his shares to acquire with. How will this work? I see millions more shares coming into play. If longaberger is worth 100m they would probably want 100m shares at $1, and twice that at $.5.
Maybe I just don't understand how this all works but I can't believe it is trading at .47 with no real business yet.
Just a couple thoughts.