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I am not so certain that this share - JRJR33 or CVSL- whatever it ended up... is effectively over and done with. The sisters each gave theirs up under the condition of termination with the company as did many other employees. Then there was the condition that had to be met that you had a certain amount of stock in order to not have to forfeit it at a minimal price. Why would they care to do this if it's dead? And why did both sisters fight to retain their stock (and lose) if it was worthless and going to remain so?
So as the best example of desperation, Longaberegr is now selling WINE. And they are a third party vendor of it. I think I know what Dave would say about selling booze, and I also find it a bit humorous that Tami Longaberger would be involved with a company that sells booze since she verbally opposed the consumption of alcohol. Hell, she bought and tire down a bar that was near her mansion upon building it! Maybe the Bern can join back in the company... he could sustain alcohol sales by himself. LOL! Pathetic family making money off the backs of people once again who falsely think the "company" today has anything to do with Dave Longaberger and his visionary leadership.
If you haven't already, you must see the new Longaberger Company. The Rochon's really did a number on the Longaberger sisters! They look ridiculous: selling baskets on QVC and even Tammy is selling coffee. Rachel at least looks like she takes care of herself. Tammy looks like hell. Neither one of these women now own their father's company and are working for XCEL Brands peddling everything from other people's jewelry to candles to coffee to glassware... all from other brands the company owns! This is highly out of the ordinary for these two to do anything like this. Rachel has even stated that she was in no financial shape to buy the company after Rochon's asset stripped it. She sold her home as Tammy did! Visit them on FB and at www.longaberger.com
JRJR did declare bankruptcy, so the company will be rebranded under one of the many companies that Richmont owns.
So nobody is taking into consideration that the Rochon family stepped away from YGYI to run a company that mirrors YGYI, then liquidated them all. They made a fortune doing it. In my opinion... "Behind the scenes is correct... Rochon is coming home to use the fortune he made on his own to take control of YGYI through a merger with JRJR. Thats why JRJR stock still exists. That's why the Rochons fought like hell to get back as much stock as they could. A merger with JRJR will raise YGYI stock price... but the better would be to acquire JRJR, but good luck being able to acquire any! All the companies under YGYI are in danger of liquidation... just like Longaberger, Agel, YIAH, MSK, Uppercase Living, Betterware, Kleeneze, etc.
So doesn't it seem odd that JR broke with YGYI (except the coffee) and started his own venture that seems to have fast-tracked the business strategy that we are now seeing out of YGYI: buying at-risk asset rich companies and selling them to the walls under their own, individual brans names? I would tend too say the strategy here is quite simple. JR knew the plans of YGYI and set out to cut ties to do it himself first. Meanwhile, YGYI follows a similar plan and acquires more and more. Sales fall... stock price plummets. JR blatantly carries out his plan and makes millions in the process. Now he rises up under Richmont to acquire YGYI and the JRJRQ stock price rises under CVSL and he proceeds to asset-strip those companies under YGYI as well. It is pure genius. Why sit as part of a board of a company when you can take their secret strategy, employ it, make a fortune, and then BUY THEM up in the end. Oh... and by making sure the vast majority of the stock remains with the Rochon's you can bet that they will benefit when the price soars to 20 bucks. No? Well that's what happened with measly old Longaberger. And why do you think the Rochons were so hell-bent to get all the stock back? They even bought back the "worthless" stock at the end for 5 cents before officially going chapter 11. Now why would they have done that? Hummm.
So has anybody noticed that the YGYI strategy of onboarding struggling companies and liquidating their assets mirrors JRJRQ same strategy? John Rochon left the board of YGYI and made a FORTUNE off the backs of companies that he tore apart and sold off. What is he were the puppeteer of YGYI and made a play to acquire them and do the same? Richmont Capital is lying low in the grass right now, and YGYI is not doing well... what will happen when the price is right?
So how interesting THIS is... Heidi Hafer's maiden name is Rochon! She currently leases the 2950 N. Harwood Suite 2200 in the Frost Tower in Dallas. Just this year, she registered NxGN LLC which is related to medical and surgical apparatus. She also has registered Axa LP LLC. So the Rochon family is NOT out of Frost Tower after all! So they wanted to switch their name back to CVSL to accommodate the "new vision/path they had for the company!?" Well sure. If NxGN is mecical and CVSL began as Computer Vision Systems Laboratories, it makes since. NxGN will come to operate under the ticker CVSL!
So how interesting THIS is... Heidi Hafer's maiden name is Rochon! She currently leases the 2950 N. Harwood Suite 2200 in the Frost Tower in Dallas. Just this year, she registered NxGN LLC which is related to medical and surgical apparatus. She also has registered Axa LP LLC. So the Rochon family is NOT out of Frost Tower after all! So they wanted to swithch their name back to CVSL to accomodate the "new vision/path they had for the company!?" Well sure. If NxGN is mecical and CVSL began as Computer Vision Systems Laboratories, it makes since. NxGN will come to operate under the ticker CVSL!
So much CRAZY *hit is happening. Betterware had their "big comeback" only to shiyt down in about 5 days. Rachel Longaberger is posting on social n=media that she wants to re-start the Longaberger Company. People are alegedly working again at Longaberger and nobody know WTH they are even working for. Youngevity is looking more and more like a more long, drawn out version of JRJR Networks and there is speculatin that the Rochons are still involved with it. All the stull JGB got as a result of their secured loan has been shut down with the exception of John Rochons SIL who has Happenings Magazine- very curious to see that JGB has sued and positioned ownership over everything, but choos to let John's relative just go ahead and run HER business. This is all a HUGE scam of which we all atill know nothing. It is far from over. The Rochons ripped off many people and amassed a huge fortune. They are going back in soon, and when they do, you are going to see shares of CVSL rise from .007 to 38 bucks, just like it did from Computer Visions Systems Laboratories when they acquired Longaberger and became Channel Value Systems Leadership.
John Jr Lives here and all is fine. I have NO idea why anyone thinks they lost their homes or cars.
http://www.dallascad.org/AcctDetailRes.aspx?ID=00000411532000000
So as of today, the JRJR Networks website is GONE! Well, like all the others, it says it is "temporarily down". Yeah, I bet.
The Longaberger Company just went into Chapter 7 Bankruptcy. A great American company. Dead.
JRjr's house is still in his name at 62300 Waggoner Drive, Dallas TX 45230 according to the auditor website.
Someone told me (an ex-LB consultant) that they were asking them if they could send them a link for a webinar or something for Yungevity? She said no... called them crooks... hung up. So that's all I know. LOL.
So Brenton Baker who was part of the whole JRJR Networks ring and who apparently got a huge payout for fing everyone over just announced that he is now a realtor at some outfit in frayzeyzburg called Lepi and Associates. I say we F him over like he did all of US! Must be nice to participate i the screwing and then move on.
The Rochons are in no financial straits at all. Basically, they bought up companies with lots of assets, paid in part or in whole with JRJR33 stock, sold everything to the walls, stripped the companies of operating funds through fees, and then sent the money to Julie R in Russia. They put up for collateral the trademarks and names and intellectual property as a final f-you to everyone in exchange for an extra 5 million on the way out the door from a stupid company who are now going to join everyone else in the big cry-fest as they are left with nothing. NOTHING. JRJR Networks and Richmont Holdings are seeking chapter 7 & 11 bankruptcy. JGB is holding a bunch of CRAP that they thought was worth something... and it's up to THAM to battle with everyone over the little bit of nothing that is left. The Rochons are sitting on BILLIONS and paid NOTHING. And yes, this was their plan all along as it is not their first rodeo. These cowboys knew exactly what they were up to when they rode into town. That's why they brought with them teams of individuals whose job it was to sell/liquidate in particular kinds of assets: property, vehicles, office equipment, etc. That's also why they didn't give a crap about the consultants other than to motivate them to SELL SELL SELL the leftover inventories. They are genius... not moral... but genius at what they do, and they will do it again under a different name and in a different place. But hold on to that "worthless" JRJR33 stock, my children. Right now JGB is trying to force it's sale by Rachel and Tami. And guess who's salivating at buying it? Yup- the old man himself JR Sr!
That poser Brenton Baker put on his FB page that he’s moving in to other opportunities. Guess JRJR fired his ass. Tina XXL Smyrhe already gave up. These idiots deserve what they got. In the end, you didn’t use us, you sold yourself.
They are DEAD... JGB is taking EVERYTHING they own!
https://www.sec.gov/Archives/edgar/data/1403085/000140308517000015/exhibit102securityagreement.htm
So now the Agel and Longaberger websites are GONE. There is simply nothing left!
So JRJR33 is up and trading on the NASDAQ. Does this mean compliance with the SEC? I know that the conditions under which they can be listed on NASDAQ are different from the NYSE... but they would STILL have to show compliance! I'd say a Q10 is coming our way... already approved by the SEC! WOW.
Okay. So it's pretty clear. The JRJR "scheme" is pretty ingenious, actually. JRJR Networks has been closing these companies for well over a year. They sold them all to the bare walls. They don't care about law suits because they are the parent company and can demonstrate that these subsidiaries operated independently from JRJR. The Longaberger sisters and every other idiot who has filed a lawsuit will never see a dime. And the Rochons did EXACTLY what they wanted and made a fortune shuttering them. It will all come out very soon when they become compliant with the SEC and file an annual report that shows PROFIT, not sales. They never gave a damned about sales or consultants. Ever. Wasn't that obvious? As for the auditing... well everything is in bankruptcy, so that should be pretty easy now. JRJR33 shares will skyrocket. Those company owners who are all pissed about being offered shares in lieu of cash will be thrilled when their stocks become a ten-bagger- only thing is, they pretty much participated in the closing of their companies without knowing it. Investment gurus will be happy to do business again with JRJR Networks cause, hell, they made out BIG TIME. Then Rochons will move on to do the same thing again... probably with a different name, not CVSL or JRJR33. Just wait... you'll see. And yes, while they may not be criminals on paper, they certainly are in the eyes of the companies they ruined: void of any moral compass.
I predict that this will be the last post regarding this dead fish.
And now the JRJR website has vanished just like the Rochon cockroaches.
Okay. So now you cant order anything from Longaberger, paperly, or Tomboy... all the links are cut.
And for those of you wondering if Longaberger is closing... well yes. But the family has more to dispose of! They have been shipping things off to auctions everywhere. Here is one local auction of a bit that remains at one of the weaving buildings now sold:
http://www.seohioauctions.com/auction-details/?auctionGuid=34a0e77b-1cf0-42ac-9db5-77f2dd65cb31#general
So now Betterware is gone. The links on Paperly don't work now. Best of all, John Rochon Sr and Jr are off all social media and have taken down their FB profiles. The rats are hiding!
Well, now Kleeneze is G-O-N-E. 5000 consultants screwed over. There is no coming back from THIS. The old man has proven he knows NOTHING and the boy is nowhere to be found. What a POS family.
Hey. I have a great idea. Let's all log in to the conference call TODAY:
"The Company will hold a conference call Friday April 6, 2018 at 4:30 p.m. Eastern Time, to discuss the Company's estimated unaudited financial results for the 9 months ended September 30, 2017."
And hand the Rochon's their asses.
These Rochons are full of themselves. I'd like to know what happened to ALL THE CRAP at the Homestead and in the two large buildings bought by Malouf. They simply don't seem to have a handle on what they are doing. I bet Youngevity (AL) was thrilled when JR stepped down to start his own company using the model of Youngevity! Looks like they are doing MUCH better than JRJR Networks. They may have used investors to move into Frost Tower, but how long can they STAY in Frost Tower?
Okay. Something HUGE is happening. It’s gotta be some merger. I’m amazed. I thought this company was doomed!
JRJR Networks is SUPPOSED to release all 10Qs before March 31. TODAY would be the day, since the market is closed tomorrow for Good Friday and obviously on Saturday. All this according to their last SEC filing. I bet they don't. There is NOTHING positive to report! They will wait till thee mid-April deadline they were given. Losers!
a slooooooooooowww death. RIP
YIAH and MSK are both insolvent. Everyone was lied to and told that they were reorganizing and re-launching under the name Globally Inspired Gourmet. They aren't. The MSK website name is even unregistered now. Longaberger is on an 18 month shipping schedule! Whaaaat? Who does that?
So now the lawsuit against the LB sisters have both been lost in court and JRJR is forced to pay millions. At WHAT POINT do they let shareholders in on the "secret plan"? ...Or do they just close up shop? Would bankruptcy prevent them from having to write a check? This company has treated consultants like s**t as well as those who invested in them with the promise of them taking on more companies. If this really was their plan, they are complete and utter failures. Everything they have touched has DIED.
Okay. So either this company is shuttering or they are delisting to go private. Either way, the Rochons have f***** shareholders once again! I hope they know that THIS TIME people have paid attention... and THIS TIME their name is clearly written on the door. They have f***** themselves by tarnishing their name.
SO... get this.. all the folks who have already been sh*t on by the Rochon "company" JRJR Networks are about to get yet another hit! YIAH/MSK has been liquidated and THERE IS NO LAUNCH HAPPENING OF GLOBALLY INSPIRED GOURMET! It was just a way to offer hope while they shut that sh*t down! They just sell off everything for profit. They don't care about consultants, because they don't need them! Unbelievable. Next to go? Longaberger IMO. After all, what's left of it!!?
There is not a bigger, messier, fup than CVSL/JRJR! Man, they better get their name off this stock FAST 'cause they is lookin' stupid!
What great news (?) The Logagoneberger Company is moving to the patio shops in Dresden? Then WHY are they for sale?
http://www.homefinder.com/OH/Dresden/600~608-Main-St-139655714d
Need more proof that John Rochon is a screw up?! Well take a look at his facebook page and you will see that instead of listing his "founder" "CEO" "big shiz" of each of the JRJR "companies", he now just says he is "founder" of JRJR Networks. LOL! Yup... founder of a bunch of "companies" that don't even exist!