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Thursday, November 14, 2013 8:01:31 PM
CVSL on a consolidated basis has total cash and marketable securities exceeding its bank debt
and
CVSL's combined annualized revenue from the four operating companies exceeds $140 million.
and
"We continue to actively pursue our proposal to Blyth. As we said when we announced it, we believe that this transaction would benefit the shareholders of CVSL and Blyth and would create a powerful new force in the direct selling industry, while expanding CVSL's options for making further acquisitions and scaling up,"
Trifecta par excellence...not bad for a company barely a year old. Already turning Longaberger around, think what they could do with Blythe :)
All my posts are with good intentions but purely my own opinion, use common sense and invest only what you can afford to lose. GLTYA.
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