Thursday, January 23, 2020

QualityStocksNewsBreaks – Sharing Services Global Corporation (SHRG) Subsidiaries Drive Record Q2 Revenues


Sharing Services Global Corporation (OTCQB: SHRG), a diversified holdings company, reported sales of $38,850,483 for Q2 2019 in the 10-Q it recently filed with the SEC for the three months ended October 31, 2019 (http://ibn.fm/osL5U). An article discussing the company reads, “Sharing Services’ Q2 record revenues continues the trend of Q1 2019, the three months ending July 31, when SHRG achieved revenues of $35.4 million, more than double that of the comparable period in 2018 (http://ibn.fm/y5ANF). These numbers bring SHRG’s sales revenues since December 2017 to an impressive cumulative total of $169 million. One significant contributor to the company’s success seems to be its December 2017 launch of a proprietary line of products through its Elepreneurs and Elevacity subsidiaries. . . . ‘Product sales for our incredible health and wellness products of Elevacity Global continue to be strong, consistently increasing each quarter,’ SHRG CEO John ‘JT’ Thatch stated in a news release. ‘Our Q2 revenues demonstrate that our sales and support strategies are on the right path as we continue to grow in the direct-selling marketplace.’ Thatch credited SHRG’s independent distributors, called Elepreneurs, and its corporate office team for the company’s gains.”

To view the full article, visit http://ibn.fm/JupRn

About Sharing Services Global Corporation

Sharing Services Global Corporation, formerly Sharing Services Inc., is a diversified company with Elepreneurs Holdings and Elevacity Holdings being its primary operating subsidiaries. SHRG markets and distributes health and wellness products that are sold under the Elevate brand through an independent sales force of distributors, or Elepreneurs, using a marketing strategy that is a form of direct selling. Sharing Services’ current product offerings include its Elevate health and wellness product line, launched in December 2017. The Elevate product line consists of nutraceutical products that the company refers to as D.O.S.E., which stands for dopamine, oxytocin, serotonin and endorphins. For more information, visit www.SHRVcom.comwww.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

About QualityStocksNewsBreaks

QualityStocksNewsBreaks provide a rapid summary of corporate news that catch the attention of QualityStocks. QualityStocksBreaks are designed to keep investors up to date on important and breaking news in the small-cap and micro-cap markets. Spanning all industries, including energy, entertainment, telecommunications, healthcare, retail and more, these news breaks deliver opportunities the investment community may have missed. Whether it is earnings results, mergers and acquisitions, or any other market-moving news, our news breaks keep you in the know. QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. It is part of our mission statement to help the investment community discover emerging companies that offer excellent growth potential.

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