![](https://investorshub.advfn.com/uicon/301367.png?cb=1573165358)
Thursday, September 19, 2013 2:16:40 PM
We still have the company that issued the "research report" commissioned by CVSL that said they have 15M shares that they can trade. This was their disclosure:
Ownership Disclosure
IEG owns 15,000,000 shares of CVSL, Inc. common stock, which shares of stock may be sold by IEG at any time.
IEG has been retained by CVSL to perform various consulting services, which include the oversight (preparation and issuance of this research report) . Since the report has been directly commissioned by CVSL from IEG( or its affiliates), and IEG received both the shares referred to above and cash compensation for its services to CVSL in (overseeing the preparation of) preparing the report, it should not be viewed as independent or unbiased, nor may any assurance be given regarding IEG's intentions regarding its sale and/or ownership of its shares. IEG specifically reserves the right to dispose of its shares of CVSL while this report is being distributed.
The report was printed on IEG letterhead. Didn't Scott Pumper work for IEG at one time?
Something doesn't smell right.
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