Conversion Labs Inc fka CVLB

[jefra1965]

$CVLB

For the LSS segment: (82.6 - 51) / 51 = 61.9% of an $18M ARR and fast growing business and the CEO only paid $350K for this extra piece of the business and $750 to $850 for the first 51%.

61.9% is the total increase that was just signed. The total ownership is 82.6% of Legal Simpli Software (LSS).

82.6% of an $18M ARR is $14.87 as of last December.

CVLB currently controls 72% of LSS since January 22. The other 10.6% will become accretive on the 22 of May.

Following the consummation of the LSS Restructuring, CVLB PR increased its ownership of LSS from 51% to approximately 72%, with up to an additional 10.6% of LSS reserved for CVLB PR upon payment of the remaining tranches of the CVLB PR MIPA.

This SaaS business segment can be sold for $550 - $650MM next year.

What a bargain CVLB still is!