JRjr33, INC. (NYSEMKT:JRJR) Files An 8-K Material Modification to Rights of Security Holders

0

JRjr33, INC. (NYSEMKT:JRJR) Files An 8-K Material Modification to Rights of Security Holders

Item 3.03 Material Modification to Rights of Security Holders.

On May 6, 2017, Rochon Capital Partners, Ltd., a Texas Limited
Partnership (RCP) entered into a Permitted Transferee Agreement
(the Agreement) with Huckleberry Investments LLP, a UK limited
liability partnership (Huckleberry). RCP agreed that Huckleberry
is not nor will it be subsequently deemed as an Acquiring Person
as defined by the second amendment to the Share Exchange
Agreement dated October 10, 2014 by and between JRjr33, Inc.
f/k/a CVSL Inc. (the Company) and RCP under the following
conditions: Huckleberry may acquire up to, but not exceed, twenty
percent (20%) of the outstanding shares of common stock of the
Company available on the open market over the consecutive ninety
(90) days following the effective date of the Agreement. Subject
to these conditions, RCP agrees to irrevocably waive its right to
trigger the issuance of the second tranche parent stock to RCP or
a permitted transferee as defined by the Share Exchange Agreement
as amended.
Item 9.01 Financial Statements and Exhibits.
(d)
Exhibits
Exhibit 99.1. Permitted Transferee Agreement


About JRjr33, INC. (NYSEMKT:JRJR)

JRjr33, Inc. (JRJR), formerly CVSL Inc., offers a platform of direct-to-consumer brands. The Company operates through the segments, which include Gourmet Food, Nutritional and Wellness, Home Decor, Publishing and Printing, and Other. The Gourmet Food Products segment consists of operations related to the production and sale of hand-crafted spices, oils and other food products from around the world. The Home Decor segment consists of operations related to the production and sale of premium hand-crafted baskets, and the selling of products for the home, including pottery, cleaning, health, beauty, home, outdoor and customizable vinyl expressions for display. The Nutritionals and Wellness segment consists of operations related to the selling of nutritional supplements and skin care products. The Publishing and Printing Segment consists of the operations of Happenings Communications Group, Inc. and Paperly, Inc. The Other Segment consists of the operations of Tomboy Tools, Inc.

JRjr33, INC. (NYSEMKT:JRJR) Recent Trading Information

JRjr33, INC. (NYSEMKT:JRJR) closed its last trading session down -0.019 at 0.481 with 32,562 shares trading hands.