4//SEC Filing
CVSL INC. 4
Accession 0001104659-14-024410
CIK 0001403085operating
Filed
Mar 30, 8:00 PM ET
Accepted
Mar 31, 2:06 PM ET
Size
12.0 KB
Accession
0001104659-14-024410
Insider Transaction Report
Form 4
CVSL INC.CVSL
Rochon Capital Partners Ltd
Director10% Owner
Transactions
- Other
Common Stock
2013-12-03−13,726,554→ 263,859,480 total - Other
Common Stock
2013-12-03−10,000,000→ 253,859,480 total
John Rochon Management, Inc.
Director10% Owner
Transactions
- Other
Common Stock
2013-12-03−13,726,554→ 263,859,480 total - Other
Common Stock
2013-12-03−10,000,000→ 253,859,480 total
ROCHON JOHN P
DirectorChief Executive Officer10% Owner
Transactions
- Other
Common Stock
2013-12-03−13,726,554→ 263,859,480 total - Other
Common Stock
2013-12-03−10,000,000→ 253,859,480 total
Footnotes (4)
- [F1]On December 3, 2013, Rochon Capital Partners, Ltd. ("Rochon Capital") transferred 13,726,554 shares of the common stock of CVSL Inc. (the "Issuer") to the Issuer for no consideration.
- [F2]In addition to the reported shares, which are owned directly by Rochon Capital, John Rochon Management, Inc. ("JRM") directly owns 750,000 shares of the Issuer's common stock. Also, pursuant to al voting agreement between Rochon Capital and The Tamala L. Lonaberger Revocable Trust, Rochon Capital has the right, until March 18, 2018, to vote all of the shares held by The Tamala L. Longaberger Revocable Trust. As reported in a Schedule 13D filed by the Trustee of the Tamala L. Longaberger Revocable Trust on June 21, 2013, as of June 14, 2013, The Tamala L. Longaberger Revocable Trust owns 32,500,000 shares. These shares are not included in the calculation of reported shares.
- [F3]As the sole shareholder of JRM, John P. Rochon may be deemed to have indirect beneficial ownership of the 750,000 shares owned by JRM; and because of JRM's control as the sole general partner of Rochon Capital, John P. Rochon and JRM may be deemed to have indirect beneficial ownership of all the shares of the Issuer held by Rochon Capital. Also, as previously disclosed in filings with the Securities and Exchange Commission, Rochon Capital, JRM, John P. Rochon, Kelly L. Kittrell, and Russell Mack may collectively be deemed a "group" with respect to the acquisition of certain shares of the Issuer's common stock. As such, Rochon Capital, JRM, and John P. Rochon may be deemed to indirectly beneficially own the 3,000,000 shares held directly by each of Kelly L. Kittrell and Russell Mack.
- [F4]On December 3, 2013, Rochon Capital transferred 10,000,000 shares of the Common Stock of the Issuer to a third party consultant in satisfaction of the Issuer's monetary obligations to the consultant.
Documents
Issuer
CVSL INC.
CIK 0001403085
Entity typeoperating
IncorporatedFL
Related Parties
1- filerCIK 0001403085
Filing Metadata
- Form type
- 4
- Filed
- Mar 30, 8:00 PM ET
- Accepted
- Mar 31, 2:06 PM ET
- Size
- 12.0 KB