Friday, August 31, 2012 8:29:15 AM
Rochon paid Dicicco and team essentially 10-15mil$ for CVSL
by giving them a solid rev based mag co.
Rochon current company is valued at such a high dollar value they have to raise the Auth to match their value based on current PPS. there is NO dilution in this deal. What is meant by fully diluted shares simply means all current restricted, etc. shares by current insiders must be converted to the outstanding. Those shares are not going into the float but the ownership by Rochon.
This is no small potatoes. Im generalizing obviously but all need to look up Rochon and realize that he and co are worth billions. They just purchased a company Pure in Jan this year in the med field. They are in the Foods field the tech field. Theyre big.
Nothing like reading a novel 10 times before bed last night but....in the end I really think this is a very good thing.
Intersting.
The Dude took Mary Kay from 500 mil to 3 bil.
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