- John
“JT” Thatch, CEO, explains expansion of SHRV in 2019 into Canada and Asia
in interview at LD Micro Main Event with www.ProactiveInvestors.com,
as seen on YouTube
- SHRV
said that the name change will reflect its international growth strategy;
in SEC filing, it says it plans for organic growth, expansion through
acquisition and opportunities in other countries
- In
interview, Thatch estimated that the company is on track to record sales
of $50 million in 2018
Sharing Services Inc. (OTCQB: SHRV) will hold a special
meeting of shareholders on January 11 for a vote to change its name to Sharing
Services Global Corporation (http://ibn.fm/fln8E).
John “JT” Thatch, CEO of SHRV, said that the name change would more accurately
reflect the company’s international expansion moves in 2019. He discussed the
company’s strategic growth into Canada and Asia in an interview with www.ProactiveInvestors.com,
as seen on YouTube (http://ibn.fm/fc37I).
SHRV is a Plano, Texas-based diversified holdings company
that owns, operates or controls a variety of companies engaged in direct
selling through independent sales representatives. It also offers services in
the energy, technology and insurance sectors. Its divisions include Elevacity
Global, LLC and Elepreneur, LLC.
In its filing, the company noted that it was planning to
grow both organically and by making strategic acquisitions of businesses and
technologies. “The company believes there are excellent growth opportunities
outside the United States, including in Canada, Mexico, Europe and Asia,” it
said in the filing.
Thatch also said in the interview at the LD Micro Main Event
that SHRV would report revenues of some $50 million for 2018. It had earlier
recorded sales of $17.9 million for its fiscal Q2 2018 and $12.9 million
revenue for Q1 2018 (http://ibn.fm/YDKEz).
For more information, visit the company’s website at www.SHRVInc.com
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