DALLAS, May 22, 2014 /PRNewswire/ -- CVSL
Inc. [OTCQX U.S.: CVSL] announced today that it has
filed a registration statement on Form S-1 with the U. S.
Securities and Exchange Commission related to the proposed public
offering of its common stock and in connection therewith has
applied to have its common stock listed on the NYSE MKT. The number
of shares to be offered and the price range for the offering have
not been determined.
Cantor Fitzgerald & Co. will serve as lead book runner for
the proposed offering.
This offering will be made only by means of a prospectus. A copy
of the preliminary prospectus, when available, may be obtained from
Cantor Fitzgerald & Co., 499 Park Avenue, 5th Floor,
New York, New York 10022
Attention: Capital Markets or by emailing
Prospectus@Cantor.com.
A registration statement relating to these securities has been
filed with the Securities and Exchange Commission but has not yet
become effective. These securities may not be sold nor may offers
to buy be accepted prior to the time the registration statement
becomes effective. This press release shall not constitute an offer
to sell or the solicitation of an offer to buy, nor shall there be
any sale of these securities in any state or jurisdiction in which
such offer, solicitation, or sale would be unlawful prior to
registration or qualification under the securities laws of any such
state or jurisdiction.
About CVSL
CVSL is a growing group of micro-enterprise companies that
connect social media networks into an ever-expanding virtual
"community" of social commerce. CVSL companies currently include
The Longaberger Company, a 40-year old maker of hand-crafted
baskets and other home decor items; Your Inspiration At
Home, an award-winning maker of hand-crafted spices and other
gourmet food items from around the world; Tomboy Tools, a
direct seller of tools designed for women as well as home security
systems; Agel Enterprises, a global seller of nutritional
products in gel form as well as a skin care line sold under the
Ageless brand, operating in 40 countries; Paperly,
which offers a line of custom stationery and other personalized
products; My Secret Kitchen, a U.K.-based seller of gourmet
food products; and Uppercase Living, which offers an
extensive line of customizable vinyl expressions for display on
walls in the home. In addition, CVSL and Golden Girls,
a purchaser of gold and tradable jewelry, have signed a definitive
purchase agreement, which is subject to customary closing
conditions.
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 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. Such statements include statements
regarding our listing on the NYSE MKT. 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; such as, our
ability to continue our growth, and our ability to successfully
consummate the offering and obtain a listing of our common stock on
the NYSE MKT and other risks outlined under "Risk Factors" in
our Annual Report on Form 10-K for our fiscal year ended
December 31, 2013, our Quarterly
Reports on Form 10-Q, including the Quarterly Report filed with the
Securities and Exchange Commission for the quarter ended
March 31, 2014, and those risks
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.
CVSL Media Contact: Russell
Mack (rmack@cvsl.us.com)
CVSL Investor Relations Contact: Scott Pumper (scottp@cvsl.us.com)
SOURCE CVSL Inc.