DALLAS, March 4, 2016 /PRNewswire/ -- On Monday,
CVSL Inc. [NYSE MKT: JRJR] expects to begin doing business as
JRJR Networks.
The certificate of amendment to the articles of incorporation
has been filed to change the company's name to JRJR 33, Inc., which
is expected to be effective as of Monday, at which time the company
will begin doing business as JRJR Networks.
The company's CUSIP number will change to 46645Q106 on that
date. The company has also changed its transfer agent to Broadridge
Corporate Issuer Solutions.
ABOUT JRJR NETWORKS
JRJR Networks is a growing platform of direct-to-consumer
brands. Within JRJR Networks, each company retains its separate
identity, sales force, product line and compensation plan, while
JRJR Networks seeks synergies and efficiencies in operational
areas. Its companies currently include The Longaberger
Company, a 43-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; Agel Enterprises, a global seller of
nutritional products in gel form as well as a skin care line,
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;
Uppercase Living, which offers a line of customizable vinyl
expressions for display on walls in the home; Kleeneze, a
95-year old UK-based seller of cleaning, health, beauty, home,
outdoor and a variety of other products, and Betterware, a
UK-based catalog company. JRJR Networks also includes
Happenings, a lifestyle publication and marketing
company.
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. 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 based
upon current beliefs, expectations and assumptions and include
statements regarding the effective date of the name change, the
timing of the DBA and the company's ability to continue its growth.
These statements are subject to a number of risks and
uncertainties including the company's ability to
successfully implement its strategy and the other risks outlined
under "Risk Factors" in the company's Annual Report on Form 10-K/A
for its fiscal year ended December 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.
Contact: Russell Mack
(Russell.mack@cvsl.us.com)
Investor Relations: Tucker
Gagen (tucker.gagen@cvsl.us.com)
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SOURCE CVSL Inc.