 NEW YORK, Nov. 04, 2020 GLOBE NEWSWIRE -- Conversion Labs, Inc . OTCQB: CVLB OTCQB: CVLBD, a direct-to-consumer telemedicine and wellness company, has closed on approximately 14.5 million of a 15 million private placement with institutional investors at a purchase price of 4.75 per share. A second closing of an additional 500,000 is expected within the next seven days. 