Feb 18, 2014 CVSL Applies For Uplisting

DALLAS ,  Feb. 18, 2014 /PRNewswire/ -- CVSL Inc. (OTCQB: CVSL) announced today that it has applied to uplist for trading on OTCQX® U.S., a higher tier of the Over The Counter (OTC) markets.

OTCQX U.S. is a segment of the OTCQX marketplace reserved for high-quality U.S. companies that meet financial standards, undergo management reviews and provide timely news and disclosure to investors. Investors can find more information at  www.otcmarkets.com .

"We wish to keep our shareholders informed of the material steps we are taking toward uplisting.  This is a very important development that we want them to know about," said  John Rochon Jr. , chairman of CVSL's investment committee.

"There are about 10,000 securities traded in the OTC Markets – but only the top ones qualify to be in the OTCQX.  We have said from the beginning that we intended to continually evaluate our uplisting opportunities. We want investors to know that we are taking the next logical step along that path," said Mr. Rochon.

"We believe that uplisting to OTCQX will send a message to larger investors that CVSL is a quality company with full transparency and information that is easy for investors to access.  We believe this will attract the attention of additional investors, including larger funds."

"We have always said that we want our shareholders to have complete information about our company and a high level of confidence in us," added Mr. Rochon.  "Today's news reinforces our continuing commitment to transparency. We are optimistic that our application will be approved shortly and that CVSL soon will take this next important uplisting step," said Mr. Rochon.

In a related move, last week CVSL announced that company information will be made available via S&P Capital IQ's Market Access Program, an information distribution service that enables subscribing publicly-traded companies to have their company information disseminated to users of S&P Capital IQ's MarketScope Advisor.