Thursday, December 10, 2020 2:15:37 AM
Rachel refused to endorse the sale of the company to CVSL (the Rochons).
At that time Longaberger was privately held.
The sole share holders were Tami, Rachel and the estate of Dave Longaberger.
In order to force Rachel to sell her shares in TLC she was fired which per company by laws required her shares to be sold.
She did NOT receive shares of CVSL or JRJR.
Rachel was to be paid monthly over several years for her shares in TLC.
Tami's shares of TLC were converted to shares in CVSL which became JRJR.
Those shares had no voting rights and were not eligible to be sold for a certain period of years and only if trading volume was reached certain bench marks.
Rachel never owned any stake in CVSL/ JRJR and Tami's shares remained unsold due to the devaluation and bankruptcy.
NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • NNVC • May 2, 2024 10:07 AM
ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM
Cannabix Technologies to Deliver Breath Logix Alcohol Screening Device to Australia • BLO • Apr 30, 2024 8:53 AM
Hydromer, Inc. Reports Preliminary Unaudited Financial Results for First Quarter 2024 • HYDI • Apr 29, 2024 9:10 AM