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NetworkNewsBreaks – Sharing Services Inc. (SHRV) Announces Name Change to Sharing Services Global Corporation, Q3 2018 Revenues and Record-Breaking Sales Growth

Company: Sharing Services Inc. (SHRV)
Category: News

Diversified holding company Sharing Services (OTCQB: SHRV) on Wednesday announced that it has, effective immediately, formally changed its name to Sharing Services Global Corporation, which better represents its focus on international markets. In addition, today the company announced record quarterly revenues of $25.9 million for the fiscal third quarter ended Jan. 31, 2019, reflecting an approximately $8 million increase compared to second-quarter revenues of $17.9 million. The quarterly performance is record-breaking for SHRV, which has now reported sales revenues of over $64 million since the December 2017 launch of products through its Elepreneur and Elevacity Global subsidiaries. “Over the last 15 months, our product sales for the incredible health and wellness division of Elevacity Global have dramatically and consistently increased,” Sharing Services CEO John “JT” Thatch stated in the press release. “Our 2018 Q3 results are continued proof that our ’Blue Ocean Strategy’ is being implemented and accepted in the direct selling marketplace. At a record-breaking pace, our Elepreneur division continues to execute on our mission to change the direct selling industry with best-in-class products and services.”

To view the full press releases, visit http://nnw.fm/fs25C and http://nnw.fm/pD738

About Sharing Services Global Corporation

Sharing Services Global Corporation (SHRV), formerly Sharing Services Inc., is a diversified holding company specializing in the direct selling industry. SHRV owns, operates or controls an interest in a variety of companies that either sell products to the consumer directly through independent representatives or offers services that range from health and wellness, energy, technology, insurance services, training, media and travel benefits. Its divisions include Elevacity Global, LLC and Elepreneur, LLC. For more information, visit www.SharingServicesInc.com, www.Elevacity.com or www.Elepreneur.com.

NOTE TO INVESTORS: The latest news and updates relating to SHRV are available in the company’s newsroom at http://nnw.fm/SHRV

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NetworkNewsWire (NNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) NetworkNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

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