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CVSL Expects To Begin Doing Business As JRJR Networks On Monday


News provided by

CVSL Inc.

Mar 04, 2016, 11:10 ET

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JRJR Networks Logo
JRJR Networks Logo

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 ([email protected])
Investor Relations:  Tucker Gagen ([email protected])

Logo - http://photos.prnewswire.com/prnh/20160128/327033LOGO

SOURCE CVSL Inc.

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