Sharing Services Global Corporation (OTCQB: SHRG), formerly
Sharing Services Inc., today announced revenues of $85.9 million for the fiscal
year ended April 2019, which represents a ninefold increase of approximately
$77.5 million compared to $8.4 million fiscal year 2018 revenues. Per the
update, this fiscal year sets yet another record for the company that has now
reported over $94 million in cumulative sales revenues since the December 2017
launch of products through its Elepreneurs, LLC and Elevacity Global, LLC
subsidiaries. “Over the last 16 months, our product sales for the health and
wellness products of Elevacity Global have dramatically and consistently
increased,” SHRG CEO John “JT” Thatch stated in the news release. “Our 2019
revenues are continued proof that our ‘Blue Ocean Strategy’ is being
implemented and accepted in the direct selling marketplace. We continue at a
record-breaking pace as our dedicated and highly talented Elepreneurs continue
to execute on the mission to change the direct selling industry with
best-in-class products and services.”
To view the full press release, visit http://ibn.fm/MKvXu
About Sharing Services Global Corporation
Sharing Services Global Corporation, formerly Sharing
Services Inc., is a diversified holding company that is publicly traded and
dedicated to maximizing shareholder value through the acquisition and
development of innovative companies, products and technologies in the
direct-selling industry. The Sharing Services combined platform leverages the
capabilities and expertise of various companies that market and sell products
direct to the consumer through independent contractors. Two of its primary
divisions include Elevacity Global LLC (a product-sourcing and supply company)
and Elepreneur LLC (a sales and marketing company based on utilization of
independent contractors as the sales force). For more information, visit the
company’s websites at www.SHRGinc.com, www.Elevacity.com or www.Elepreneur.com.
NOTE TO INVESTORS: The latest news and updates relating
to SHRG are available in the company’s newsroom at http://ibn.fm/SHRG
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