NEWS OUT!
Research Report Issued On CVSL Inc. Cites ""Significant Growth Opportunities""
Jul 9, 2013 15:51:00 (ET)
DALLAS, July 9, 2013 /PRNewswire via COMTEX/ -- A report on CVSL Inc. (stock symbol:CVSL) issued today by analysts at International Equities Group (IEG) says that CVSL's strategy of acquiring direct selling companies offers "significant growth opportunities."
"This is an innovative concept for the direct selling industry, offering several benefits such as access to shared resources, highly experienced leadership and diversification on multiple levels," states the report, which was authored by IEG's equity research department analysts Vitalie Eremia, CFA and Mihai Onceanu.
The report calls CVSL's strategy "unique," and cites as its strengths several factors, including "the vast operating experience" of CVSL's executive team, including its many years of experience in direct selling and its patented, proprietary methods of marketing analysis.
"The direct selling industry has long been a powerful economic sector, and it may be ripe for a significant innovation. CVSL believes it can provide that innovation which would change the industry," notes the report.
"Most direct selling companies are privately held," states the report. "As a publicly-traded company, CVSL gives founders and owners of such companies an opportunity to own shares, thus monetizing at least some of their ownership while remaining as active leaders in their companies. CVSL also allows the opportunity for independent sales representatives to earn shares through sales performance, which gives them an added wealth building stake in the success of their company. Employees, also, can have the special motivation of earning stock options. These factors give CVSL companies an interesting competitive advantage."
The report calls CVSL's chairman, John Rochon, a "visionary" and notes that he has long been a leader in the direct selling industry. "In view of Mr. Rochon's history of innovation in using the power of the Internet in direct selling, it is logical that now his strategy for innovation in direct selling with CVSL would include the use of "consumer cloud" connections via Internet, e-commerce, social media and mobile technologies to open new avenues for commerce and new connections within this sector," the report notes.
Commenting on the release of today's report, Mr. Rochon said he is gratified that CVSL is earning attention in the investment community.
"We're confident that our strategy is a good one. Today's report by the IEG analysts is another indication that people both inside and outside direct selling are hearing our story and liking what they hear. As the IEG report says, ours is a long-term growth strategy. We believe we can have a big impact on micro-enterprise over the coming years. The more people who learn what we are doing, the more our momentum increases."
The full text of today's IEG report can be read on CVSL's web site ( www.cvsl.us.com ) under the heading "Investor Relations - Press Releases and CVSL in the News."
Cautionary Note Regarding Forward-Looking Statements:
This press release contains forward-looking statements that involve risks and uncertainties. All statements other than statements of historical fact contained in this press release, including statements regarding future events, our future financial performance, business strategy, and acquisitions strategy, and our plans and objectives for future operations, are forward-looking statements. We have attempted to identify forward-looking statements by terminology including "anticipate," "believe," "can," "continue," "could," "estimate," "expect," "intend," "may," "plan," "potential," "predict," "project," "should," or "will" or the negative of these terms or other comparable terminology. Although we do not make forward-looking statements unless we believe we have a reasonable basis for doing so, we cannot guarantee their accuracy. These statements are only expectations and involve known and unknown risks, uncertainties and other factors, including the risks outlined under "Risk Factors" in our Annual Report on Form 10-K for our fiscal year ended December 31, 2011 and in our Form 8-K filed on October 1, 2012 as subsequently amended on December 28, 2012 and those discussed in other documents we file with the Securities and Exchange Commission, which may cause our actual results, levels of activity, performance or achievements expressed or implied by these forward-looking statements to differ materially from expectations. Except as required by law, we undertake no obligation to update or revise publicly any of the forward-looking statements after the date of this press release to conform our statements to actual results or changed expectations.
Media Contact: Russell Mack 972 398-7136 rmack@cvsl.us.comInvestor Relations: Scott Pumper scottp@cvsl.us.com
SOURCE CVSL Inc.
