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beat me to it shoop haha good job!
#5. As expected. interesting idea. simple and practical as Rochon says.
So much going on in cvsl land currently:
1. Looks like we have a 5th member of the CVSL family, with likely a 6th before EOY.
2. An expectation if all goes according to plan of 4 more aquisitions in 2014, which would bring the total to 10 companies under the CVSL umbrella.
3. An interesting and developing situation with investment in BTH, and as seekingalpha suggests, rochon cornering the shorts, appears to be a money maker, if not future aquisition.
4. An expanding international pipeline to deliver current CVSL companies' sales into other parts of the world like Europe, Russia, Australia through Swiss headquarters and Agel's already existing euro infrastrucutre.
Good stuff
thanks for posting those links shortstarz, yeah if agel could get back to that 175 mill mark, (and you'll notice #62 on list is Longaberger) and Longaberger could get back to their 200 mill mark, add in some growth from the the smaller companies, tomboy and YIAH and we're pushing 400 mill in rev.
And remember what Rochon said in the conference call, "we're in the top of the first, in a nine inning game"
well, maybe we've reached the bottom of the first, but you get what i'm saying, still very early in the ballgame.
Nice catch tut. Thanks for keeping us up on the tweets
new article on Longaberger pottery being manufactured in buffalo ny. you can access it from the cvsl inc investor relation page
ok. then he was wrong when he did that. those who read my posts know i'm not here to pump, bash, or otherwise. just want solid facts and the truth.
float: rochon made specific reference to the float in conference call saying 98.5 percent of OS is restricted/insider owned. at current OS float is approx 7.3 million
Actitech - interesting that actitech was mentioned in this article but referred to as a "sister company". will be doing the blending of spices for YIAH. I'd assume an official actitech acquisition would be right around the corner.
Snowgeek
I actually dont disagree with you. I think we are in good hands and will admit i didnt see the fall from the 50-55 cent mark all the way down to the twenties coming. Figured we'd hang around there until the next move up. Boy was i wrong.
Potential is extremely strong and figured that would justify 50 cents or so. Guess not. The spice company is proof that rochon means what he says and we are up and running. Did u listen to the conference call? Rochon said we're in the top of the first in a nine inning game and thats what i like about rochon, he seems realistic. Also said not worried about uplisting until it happens naturally. Like you said revenue is all estimations until we see new filings, and even then there will still be a lot of guess work due to the knowledge of a future aquisition stategy so the math is tough right now and may be for a while.
All of this is why i believe billions in rev will happen and we will be at dollars someday but i'm sticking with my forcast of late 2014 - mid 2015 before that will happen. Just my opinion
DB understandable opinion
just seems like a lot of air, often, informative posts seem to be immediately spammed over by fluff and redundency.
Josh has a decent point when he says that with so many people claiming to be "long" every $50 dollar trade or 100 dollars on the bid/ask is posted about.
but different strokes for different folks i guess, i am truly long and believe this will be multi-dollars, i just think that will happen slowly over time. few bucks in late 2014 - mid 2015 is my opinion.
right now technically we are actually fairly valued if you do the math IMO. More acquisitions needed and the continuance of the rochon game plan over time will push this to dollars.
GLTA
josh: i hear ya, a while back there were some people who posted very informative and intelligent ideas, there still are a few. i used to be one of them but after common-sense posts about revenue and share structure (ya know the things that can influence a stock price) got spammed over by 30 cheerleader messages i figured what's the point of even posting.
i am long (as in planning on holding for a couple years as long as the aquisition plan looks okay) and believe this can work if rev gets into the billions without too much dilution, which rochon has promised and so far he talks the talk and walks the walk.
we'll see but i hear your concern, now i just check in here but when you have to skim thru 20 spam messages to get to 1 informative post it is pretty annoying
GLTA
Most notable statements: rochon specifically said no reverse split. Even made a joke saying lawyers are listening and shouldnt say things about the future that cant be certain "but screw it, no r/s. it doesnt make sense, dont need it" i am paraphrasing but that was the jist of it.
Specifically said the 7 billion number does not include any company over a billion like the ones some people are asking about. Blatently meaning mary kay/avon but without specifically saying their names
Uplisting is not a main goal currently and will happen naturally over time. Said something along the lines of billions in revs w our share structure, u do the math (imo we're gonna get to doallars without a rs)
Trying to keep OS as low as possible
Also made a clear point that this is looooooong term deal. Developments will not happen overnight
Everything i just said was paraphrasing but people who listened in can back me up
snowgeek, exactly, same here. the second tranche share authorization, was the one thing that was concerning me, this is awesome. good to know there are a few people on the same page.
this news is way underrated by this board right now IMO. Great long term news. to me this is borderline perfection from Rochon if you are a shareholder with a true long-term mindset.
makes perfect sense, awesome, just read this: (from rochon's mouth). Cant get any better
Mr. Rochon stated that having additional authorized shares available was necessary to pursue its acquisition strategy in the direct selling industry.
At the same time, Mr. Rochon announced that Rochon Capital Partners, Ltd., CVSL's majority shareholder, intends to defer receipt of the previously-approved additional 504,813,514 shares that it would receive promptly following the increase in the number of CVSL's authorized shares.
"I want shareholders to know that CVSL is committed to preserving shareholder value and is extremely pleased to announce that Rochon Capital will be indefinitely deferring the issuance of the additional shares of CVSL's common stock to Rochon Capital, which were previously authorized to be issued last September in the original Share Exchange Agreement," said Mr. Rochon.
"CVSL is continuing to review ways to pursue its acquisition goals while keeping the total number of outstanding shares of CVSL's common stock as low as possible," he added.
The Amendment defers the Second Tranche Closing indefinitely, clarifies the number of shares of the Company’s common stock that Rochon Capital may receive from the Company at the Second Tranche Closing, which is 504,813,514 (the “Second Tranche Parent Stock”), and permits the Second Tranche Parent Stock to be issued by the Company to Rochon Capital in multiple closings at Rochon Capital’s election. To facilitate deferring the Second Tranche Closing, the Amendment also alters certain covenants in the Share Exchange Agreement, as described below.
Sounds like those additional shares which were going to be authorized all at once will now only be authorized when needed for aquisitions, which would make sense to me but that's just my best interpretation.
doesn't it say suspending this indefinately, which means we wont be diluting after all?
o wow, huge. i was curious about this second tranche for a while now, technically authorized another 500.000.000, OS for a total of approx 1 Billion OS and AS would go to 5 billion. It appears this now will not happen keeping the OS and AS what it is now, am at work and cannot look too much into it now but will later, others will understand better than me.
Snowgeek, totally agree w your post. Happy Easter all.
also, website updated, looks like they may have killed the cvsl.us and gone with the cvslab.com one. now have links on top of page for investor/governance/press releases. more info on site but again nothing really new.
just skimmed through it a bit, don't think there's much we didn't already know. Did notice significant travel and business expenses were incurred for the purpose of meeting with potential aquisition targets and visiting trading shows etc. that's a good sign. also, as of march 2013 our directors began receiving a salary, so hopefully we are moving forward and getting some good work done.
pps drop has been discouraging of course but this will take time and it seems the plan is moving forward. now we wait for longaberger revenue and more aquisitions, hopefully a reversal in the direction of our pps and a nice long-term ascent.
Have a good weekend all
here's another longaberger article date stamped today (3/24/13)
http://www.newarkadvocate.com/article/20130323/NEWS01/303230036/Longaberger-transitions-only-U-S-made
mentions expectations of 500 new jobs due to project eagle, an event known as the great American picnic where they will unfurl the world's largest american flag, celebrating bringing jobs back to America and longaberger's 40th anniversary including food, live entertainment, and of course shopping, sounds pretty good...especially the 500 new jobs part (and the shopping aka revenue)
whoa... great article...and looks like Ms. Longaberger dropped a hint with that "out west"/"western facility" comment. Paired with the "providing space to a partner at its manufacturing campus in Muskingum County" comment. awesome. thanks as always for finding that article and posting.
thought the golf course comment was interesting as well, how she said longaberger was thinking of selling it and rochon pretty much said nah dont do that haha... then i found this article from yesterday (3/22/2013) Golfweek ranked best public course in ohio article http://www.worldgolf.com/newswire/browse/74783-Longaberger-Golf-Club-Named-Best-Ohio-Golfweek
I know the golf club may not be a major part of the "plan", still pretty cool tho
i believe 8k must be out within 4 business days, which would mean thurs at the latest, very interested to see the terms.
gainburke, it would appear AL Int is right in CVSL's wheelhouse with a market cap of 91.5 mil, ttm rev of 69 mil, and quarterly rev growth of 98% YOY.
curious myself
looking forward to actitech/actifirm as well, and waiting for the Longaberger finalization is killing me.
couple new beneficial ownership statements out. looks like 7 mil and 15 mil restricted shares to 2 investment banks? not positive just saw them. some more informed people than myself i'm sure will have a thorough explanation
what would be great is if around the time or before finalization of longaberger, the next LOI is signed, by maybe actiech/actifirm, and possibly others too. that would really keep the momentum going. IMO
here, this is what i was talking about (from actitech website):
creme and liquid compounding:
ActiTech has flexible capability for compounding semi-solids, creams, ointments, liquids & gels, coupled with diverse filling capabilities.
ActiTech specializes in packaging and filling a wide variety of bottles, dispensing units and plastic tubes, with ability to completely customize fill levels and sizes.
As an FDA audited and approved manufacturer, the entire ActTech team is carefully trained to take responsibility for manufacture of the highest quality products. This end-to-end commitment to production technology coupled with quality personnel combines to complete a dedication to manufacturing your product under the strictest of cGMP procedures.
also:
food and nutriceuticals:
Tapping into our extensive history in formulating and packaging personal care products, ActiTech can help you deliver private label versions of energy shots or other specific formulas. We have a proven track record of innovation, experience and the resources necessary to ramp up quickly and package and deliver your specific products.
ActiTech is a FDA registered facility, so you know our standards are high as far as cleanliness and reliable product from batch to batch. These high standards are mirrored in our equally innovative equipment solutions we have custom designed and constructed. We have three fifty-head filling lines which include automatic bottle unscrambles, inline date coding, labeling, and capping, capable of operating at a rate of 140 units per minute from each filler. So quantity and throughput is never a challenge.
Additionally, we can provide additional packaging finish support via wrapping, labeling or shrink sleeve containment using a steam tunnel. We can package in bulk or assemble multi packs consisting of two packs, four packs, or other options aligned to fit your specific needs.
onemessage...what i thought was interesting about actitech if i'm not mistaken is that they are in chemical compounding, and i believe produce things like beauty products, lotions, even healthy beverages, havent looked at the website in a while but is actually quite interesting.
seems to me like they would be a perfect fit. the cvsl business model would actually be able to produce the beauty products themselves. would be great for natural products producers who may have trouble with the cost of chemists or whoever is needed to actually make some of these products from scratch
just a thought
you guys must check this out for sh*ts and giggles, hopefully the link works.....dated today! (1/11/13)
http://www.heraldtimesonline.com/stories/2013/01/11/news.bedford-woman-accused-of-burglarizing-her-sister-s-home.sto
So good you want to steal it!
gainburke, i was wondering the same thing. i'd guess that if there were "formality filings" necessary before aquisitions it would only be the official second tranche closing, but thats just speculation, not sure.
IMO we move on official aquisition announcement(s), second tranche closing, increased publicity, as for when that will happen, no clue, but guessing/hoping soon.
Like the new layout of the board page. Good job! Looking forward to seeing some acquisitions set in stone early 2013.
GLTA
Love the lines from the article entitled "Longaberger Co. to create business park in Muskingum," which was only 25 days ago (11/28/12), stating:
"Mack said Longaberger has added 175 full- and part-time jobs in the past three months, mostly in basketmaking, shipping and the company’s call center. The company has reported five consecutive months of increasing sales, year over year, he said, and just completed its biggest recruiting month since 2008."
Increasing sales 5 mo. in a row y/y, which is on an absolute minimum base of "annual revenue in excess of 100 million for 2011" according to directsellingnews.com
If everything with Longaberger goes as most here think it will, we'd only need another couple aquisitions (actitech?) to already start flirting with a legitimate annual revenue of 1 billion dollars.
Here's to hoping. GLTA and Happy Holidays to all.
great! when i searched "actiprime" i was disappointed at the lack of info/website, but then i searched "actitech" and it was a different story...complete website with an abundance of info and IMO very pertinent to the future of cvsl
there has been much discussion about longaberger, and rightfully so....however, it would seem to me that michael bishop may play a significant roll in the future of cvsl as well. IMO
based on rochon's words..."CVSL initially will focus on direct sellers that offer products for health, the home and beauty"
keeping in mind the "health" and "beauty" aspects we are talking possibly about lotions, cremes, moisturizers, and high quality healthy beverages.
the following is from the actitech website which michael bishop is president... ActiTech has flexible capability for compounding semi-solids, creams, ointments, liquids & gels, coupled with diverse filling capabilities.
ActiTech specializes in packaging and filling a wide variety of bottles, dispensing units and plastic tubes, with ability to completely customize fill levels and sizes.
ActiTech™ is committed to consistently and seamlessly delivering the highest quality, purest, most innovative personal care products on time and on budget.
From our 600,000-square-foot state-of-the-art facility in the heart of Texas, we are fiercely committed to driving innovation through progressive management, proprietary technologies, and continuous research and development.
We combine diverse personal-care product experience and proven nutrition science—to deliver precisely engineered products that set new industry standards for purity and efficacy. Two high-efficiency clean labs accommodate the entire product development cycle – from concept to consumer—delivering the highest quality, responsibly manufactured products.
all this makes me think of another rochon quote..."Finally, we will look for ways of making all companies under the CVSL umbrella more efficient through shared 'back office' resources to reduce overlapping infrastructure costs and by sharing best practices and ideas"... seems to me actitech could take the health and beauty products from chemical compounding all the way to packaging.
sorry for the long-windedness but my main point is that if you haven't checked out the actitech website you certainly should (lot of info)... http://actitech.com/ and maybe it deserves its own link with longaberger/richmont at the top of this message board page, just IMO.
i appreciate the response, smitter thanks.
however i have maybe more of a long term mentality than most on ihub. so technically upon the second tranche closing the OS will be approx 1 billion, meaning the market would have to estimate the company's market cap to be 300 million dollars for a share price of 30 cents or a market cap of one billion dollars for a share price of 1 dollar (etc). correct? or am i missing something.
i am not a basher, i've owned cvsl since we thought we were in the guidewire business, just trying to get the math/facts in a ballpark.
Can someone please speak on this:
Upon the effectiveness of the Amendment, the number of authorized shares of our Common Stock will be five billion (5,000,000,000). Following the Second Tranche Closing the number of outstanding shares of our Common Stock will increase to approximately one billion, with approximately four billion shares of our Common Stock available for issuance.
I am long cvsl, but no one seems to have addressed the restructured share structure. Can someone shine a light or speculate on what this will/could mean moving forward math-wise?
I understand most of the recent conversation is regarding the guidewire production, new guidewire tips, and smaller guidewires for neurosurgery, and rightfully so.... but does anyone know if the increase in Sentinel breastscan locations from 3 to 22 is resulting in any revenue for the company? Thanks.
Also, here is a link to a recent article about the weakness of mammography in diagnosing breast cancer in dense breast tissue, which I believe is one of the main points of the Sentinel.
http://www.foxnews.com/health/2012/08/21/mammograms-and-dense-breasts-questions-abound/
Lastly, in the "locations" section on the website "desert breast institute" appears under both alabama and california which appears to be a typo. It should only be for california. If anyone knows anyone at the company if you could mention that, that'd be great, as it looks somewhat unprofessional to have a mistake right at the top of the page.
That 5000 was me adding to my position. Can't believe that last update with news of manufactured guidewires, 2nd gen manufactured guidewire coming, a dicicco-run demonstration, and multiple non-disclosure agreements didn't peak anyone's interest enough to buy. I am the farthest thing from a pumper and understand i may end up proven the fool, but not 1 share bought since that update? Wow!. Shows how beat down people are after the drought of info. Hopefully things change soon.
hello. seems as tho most focus is now on guidewire. however i noticed something in nys open legislation which may be intesting to this board. there is a bill floating around which if passed would require insurance companies to cover "supplemental screenings" in certain cases. one of those certain cases specifically included in the bill language is "dense breast tissue".
http://open.nysenate.gov/legislation/bill/S6769-2011
check it out. if this link doesn't work google "nys senate". click on "open legislation" link. in search bar type "s6769". don't worry about it saying 2011. session is in a 2 year cycle 2011-2012. Bill may be updated and if so i will keep an eye on it and link new bill in the future. Not sure if CVSL would even be aware of this. If anyone thinks this is relevant, I have no CVSL connections so someone else should pass it along via email.