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If you want to see how fast a company like CVSL can rise, take a look at a chart or price history of FVRG.
Another stock with a very small float. (tradable shares)
I think the early selling was done in the 30 and 40 cent range.
Does not seem to be any over-hang of stock for sale.
The stock seems to be in demand, but not a lot for sale here.
There was one bid of around 190,000 shares at 44 cents.
I wonder if that bid has been upped, or is lurking beneath the market waiting for a pullback?
Read the SEC filings to date.
Then call the company if you have any unanswered questions.
It is easy to do and they welcome your call.
You should be asking them those questions not us, if you are seriously interested in buying CVSL stock.
But if or when the stock is used as currency for a major transaction and it is 3-4 dollars a share, any small dilution won't be an issue for current shareholders.
To date all acquisitions have been done with no dilution.
Rochon has stated he will try to acquire with little or no dilution.
Anyone looking for a pullback might have to wait.
Stock looks undervalued to me considering the long term strategy.
One of the issues with volume here in the 50 cent range is trying to buy the stock.
There are not a lot of shares for sale, so you have to pay up or wait for a pullback.
But when will the pullback happen? Will it happen. And at what price.
Waiting for a pullback into the 30's and the next thing you know, the stock is 1 or 2 dollars.
I did not see a lot of sellers lining up late Friday even after the great week. You usually see that. There was one block of about 45,000 shares available near the close that was taken out by a buyer.
But other than that, there were no large blocks for sale all week.
I am sure some people accumulated in the 20 and 30 cent range but even after doubling, there was not a lot of stock for sale.
Leads me to believe we are going to see higher prices.
And I know Rochon and other insiders are locked in for the long term.
Rochon is sincere about what he is trying to accomplish with CVSL, so even with eventual profit taking at some undetermined price, CVSL in my opinion looks like a good long term investment. Will there be eventual volatility. Yes. Every stock has that.
CVSL will be volatile. If you are a trader and with no long term outlook, then you may have an issue.
If you are taking a long term view, you better believe in the management of the company or refrain from buying his company's shares.
If you don't think he is serious or cannot accomplish his goals, then don't buy the stock, or just do short term trades.
If CVSL as a publicly traded vehicle for John Rochon does not work out, then it would be a huge embarrassment for him and Richmont Holdings. He is a well known guy, and I don't think he wants to be embarrassed by a public failure of CVSL.
Someone bought 30,900 shares at 55 cents near the close.
Took the seller right out without hesitation.
Great day.
More to come.
Dollar signs in your eyes?
Rochon would like an eventual big board listing (NYSE) and that requires a $4 dollar stock price at the time of listing.
We have a ways to go.
But we know what Rochon's goals are.
I think, he, his family, Richmont Holdings, and the other charismatic leaders being brought into CVSL are well on their way to to building a global powerhouse.
Well as the CEO said, the stock is worth more than 50 cents if no more acquisitions are made.
But more acquisitions will be made.
We will all look back and talk about how cheap CVSL was at 50 cents if Rochon is correct.
It is not a single entity raising a bid in tiny increments.
It is multiple bidders jumping in front of each other.
High demand, and a lack of supply (stock).
We have multiple buyers today, and one of them has about $83,000 dollars to spend on CVSL.
Gotta remember that the IEG analysts suggested that CVSL should be valued at $2.24 per share.
This has a lot more room to run.
Here's the link:
http://www.cvsl.us.com/profiles/investor/ResLibraryView.asp?ResLibraryID=63737&GoTopage=2&Category=2113&BzID=2203&G=710
CVSL is a long-term investment based on significant growth opportunities, subject to successful execution of its acquisition-driven strategy. Our valuation, based on absolute and relative approaches, suggests that CVSL should be valued at $2.24 per share.
Am I seeing someone bid for 190,000 shares at 44 cents?
I think I am.
CVSL board member Russell Mack on engaging larger potential shareholders:
..."we're just now at the point where we're going to start approaching some larger potential investors to share the CVSL story with them. It would have been premature to do that earlier, in our view, because we were just in the first few months of executing the strategy and it would have been premature. But now we do feel that we're getting the critical mass that is necessary to begin telling our story in some new circles."
John Rochon on Blyth (BTH)
Quote:
...". We would like to be a large shareholder of this Company. We have a comfortable and industry-appropriate relationship with the leadership of Blyth. I think that we have a common interest and those interests are certainly to maximize the value of both of our companies’ shares. Our investments are almost always long-term investments and I believe that Blyth is going to be a long-term investment for CVSL. I think that it's an extraordinary company led by an extraordinary family, and has done over many decades a fabulous job…and all companies cycle, and we just think that taking a position in this company is opportunistic for the shareholders of CVSL."
Rochon says CVSL shares are worth more than 50 cents.
Rochon quote from the call:
"...If CVSL only had organic growth, in other words, if there was no strategy other than to grow the base business, we would say that today the share price should be north of $0.50 -- and that's just saying everything is static, no growth, no strategy. So, you know, clearly, as I said before I started, every Chairman thinks his shares are underappreciated and undervalued and I'm just one more of those guys."
Sounds like a great deal for CVSL as well.
AGEl's 2009 revenue was 175 million dollars, so properly managed, under the CVSL "umbrella" there could be reason to believe revenues could head north again. Time will tell.
Also, the press release said the acquisition was done with no dilution to current shareholders.
"As in the case of the other three direct selling companies to join CVSL, the structure of the transaction does not involve dilution of existing shareholders."
What did the Agel acquisition cost?
Purchase Price. Buyer agrees to pay to Seller $3,600,000.00 payable as follows:
Agel Enterprises INC. a subsidiary of CVSL, will acquire substantially all the assets of Agel in exchange for total consideration of 7,446,600 shares of CVSL common stock, the delivery of a Purchase Money Note, dated on the closing date, in the original principal amount of $1,700,000.
Also included in the transaction is the assumption of up to $1,000,000 in liabilities of Agel.
The Co-CEO's of Agel also entered into a five year employment agreement with a base salary of $199,000 per year.
There is also incentive compensation and other benefits.
The Agreement requires the recipients of the Shares to execute a lock-up agreement, which will prohibit, without CVSL’s consent, any sale or transfer of the Shares for a period of time to be negotiated prior to closing, subject to certain conditions and exceptions.
Agel’s approximately $37 million in annual revenue will bring CVSL’s total revenue to about $140 million.
Current shareholders see much more value in the stock than is priced in right now. Hence not a lot of selling.
Still need more from the company as far as introducing themselves to the public. Undiscovered for the most part. They still have a lot of work to do to get their name out.
About the only press see from them is when an acquisition is announced or a quarterly report.
They have to be more proactive in getting the word out about why the stock should be an investment long term.
That is still coming. The conference call clarified that, at least somewhat.
Stocks like this are orphans. Not bad. Just unknown for the most part.
They need to be adopted by those who can help them grow up.
I think we will see higher prices sooner rather than later.
If he did not cover last week, short interest could be feeling substantial pain soon.
This could be heading over 50 cents.
Isn't it interesting that as soon as volume picks up and the price goes up, people with zero stake in the company look for ways to find fault with the company. And rather frantically at that.
If they have no interest in CVSL, then why are they frantically trying to knock the price down?
They don't own any shares. Yet they can find time to visit the board and look for ways to try and undermine confidence.
And I don't think it is because they are short.
What is their interest if they don't own the stock?
I was negative on this company at one time. But as I have learned more and the company has provided more information, my perspective has changed.
Don't have tunnel vision and remain flexible. That is how I try to approach investing or trading.
At one time I thought this was only a trade. It may be more than that now.
The spread between the bid and ask is to wide.
But the key is the asking price is not dropping. Yet.
So if they want to own shares, they have to pay up at this point.
But in my opinion anything under 50 cents is still cheap.
I don't think if the stock goes up or down today matters.
I think what matters is that Rochon's vehicle(CVSL) is attracting attention.
And they are now in a position to market themselves to institutions.
Where as 6 months ago they really had nothing to sell.
Now they do.
That's all that matters now.
The stock price will follow.
As Rochon said on the call last night, the stock to him is worth more than 50 cents right now, even if they did nothing else and relied only on organic growth.
But they are not going to be "static". They will continue to build CVSL and it will command an even higher stock price in the future. He did not mention an NYSE listing. But that is a stated long term goal. And your stock must be more than 50 cents to achieve that.
The question remains that if the family that runs Blyth is hospitable to a take-over/buy-out by Rochon and CVSL, when you fold those two together, what is the value of the remaining equity?
CVSL would now be around 1 billion in revenue. Blyth is over 13 dollars a share with about 16 million shares outstanding while CVSL has about 497 million shares outstanding.
Will there be any cash involved?
Contemplating how this is all going to fit together.
Rochon says they have made open market purchases of Blyth (BTH) shares.
Said that CVSL owns all the shares and not some other related party.
Calls the purchases opportunistic.
Rochon believes CVSL shares should be priced north of 50 cents if they never make another acquisition and rely on only organic growth.
But the plan of course is to be acquisitive which means an even higher share price.
Said essentially he wants to create shareholder value for both CVSL and Blyth (BTH)
Sounds like CVSL is in communication with the family that runs Blyth.
These are the corrected email addresses.
Questions may be submitted by email in advance of the call to scottp@cvsl.us.com.
News Media contact: Russell Mack rmack@cvsl.us.com Investor relations contact: scottp@cvsl.us.com
Who ever is on the bid at .34 is soaking up any selling at that price.
The bid has been hit but so far holding very solid.
I agree but investors always ask...is there more?
Just waiting for the call.
But what they really need to do tonight is to get investors to buy into their strategy. That is what I am talking about when I use the word "credibility."
Is management credible and is it a credible business plan that can make money for investors.
Can they get the big money to understand what they are doing and will they buy the stock as a result?
Why this is an important conference call.
Because it will test the credibility of this management.
If they pass the credibility test. Then the stock can go higher and new investors will get in.
Tonight is an important call. Should not be underestimated because with this recent news they are now on the radar of big money.
C O R R E C T I O N -- CVSL Inc./
3:58p ET September 23, 2013 (PR NewsWire)
In the news release, CVSL To Hold Investor Call On September 26; To Update On Strategy, issued 23-Sep-2013 by CVSL Inc. over PR Newswire, we are advised by the company that the media and investor relations email addresses should be rmack@cvsl.us.com and scottp@cvsl.us.com, respectively, as opposed to the email addresses originally issued inadvertently. The complete, corrected release follows:
CVSL To Hold Investor Call On September 26; To Update On Strategy
CVSL Inc. (stock symbol: CVSL) announced today that it will hold an investor call on Thursday, September 26 at 4 p.m. Central Time.
The call-in numbers are:
U.S. (toll free): 1-877-300-8521
International (toll): 1-412-317-6026
Confirmation #10034200
The purpose of the call is to provide an update on the progress of CVSL's strategy and operations during the past several months.
Questions may be submitted by email in advance of the call to scottp@cvsl.us.com.
News Media contact: Russell Mack rmack@cvsl.us.com Investor relations contact: scottp@cvsl.us.com
SOURCE CVSL Inc.
BTH has only 16 million shares outstanding and trailing 12 month revenue numbers were a little over 1 billion dollars.
A Blyth stake would be a major coup for CVSL and Mr Rochon.
At today's BTH price it would only cost about 203 million dollars to aquire a company with nearly 1 billion in revenue.
The Float.
I was checking the stock quote at Vanguard's financial web site and it has shares outstanding at 487 million and the float at over 81 million. That 81 million is a lot more than what has been promulgated here.
So is the Vanguard number the definitive one?
Closing for "economic reasons."
Not enough demand for their pottery?
Longaberger's New York pottery plant has closed.
That's got to hurt their revenues some. Even some Ohio employees were transferred there this summer. Pretty quick shut down.
http://www.zanesvilletimesrecorder.com/article/20130910/NEWS01/309100037/Longabe rger-seeks-options-after-closure-NY-pottery-plant
At first glance you think that GoFoods should be paying Youngevity to be part of their organization.
But really, GoFoods is a way for Youngevity to enter into a unique food business. That being long term "food storage."
It is basically sells stored food products.
And it's a business that makes sense. We have seen natural disasters and drought conditions here and around the world that can be devastating for those whose lives are disrupted by them.
And more and more people are preparing for these events just in case it happens to them. Tornadoes, hurricanes, earthquakes and other phenomenon are all to common.
GoFoods offers very sell-able products. Looks like a good business to be in.
And they actually look good enough to eat.
http://www.gofoodsglobal.com/go-products/
http://www.mygofoods.com/media-center/big-announcement/
We couldn’t wait! Here’s the Big Announcement!
We had to share the great news! The big announcement is HERE! We are proud and excited to announce that GOFoods is now part of the Youngevity Essential Life Sciences Family. We just entered into a definitive agreement with this fast-growing, innovative, multi-dimensional company based in Chula Vista, CA. Youngevity offers a wide range of consumer products and services, through an impressive network marketing distribution system, and we are thrilled about the positive impact it will have on you!
“The accelerating effect of Youngevity’s growth strategy is nothing short of remarkable, said Brad Stewart, “GOFoods is proud to be a part of the Youngevity family and we can soon offer the best nutritional and lifestyle products available anywhere while expanding our company’s short and long-term goals associated with clean and safe food. We are excited to combine the strengths of these two dynamic organizations and we are well positioned for accelerated growth in this massive market of food and wellness.”
We are so pleased to announce this relationship and ask you to join us on an exciting conference call where we will share many more details about this amazing announcement – this coming Tuesday, September 10 at 8:00 p.m. MT. (call info)
Your everyday consumer and business opportunities are about to be elevated to an unprecedented level! Congratulations! This is truly a chance of a lifetime and an opportunity to be part of one of the greatest relationships in the history of network marketing.
The Youngevity CEO school is in Baltimore tomorrow.
They often make announcements at these meetings.
So I would think we would see a press release by Monday at the latest.
Gofoods twitter account has been silent the last 7 days.
So maybe they were told to shut up.
We are highly critical. But it is actually a good sign that they have the cash to do some of the things that can incrementally build the business.
It is stuff that they have to do.
Let's face it. We are the earliest of the early investors, and we are going through the growing pains with them.
We don't like it. But I am not pessimistic. Just impatient. Faster please.