Sharing Services, Inc. (SHRV) Revenues Rapidly Increase as Multi-Level Marketing Model Thrives on New Wellness Products
Elevate product line boosts fourth quarter sales in excess of $7 million Potential for rapid further growth in market worth $12 billion Application of successful multi-level marketing model to other business units The “Elevate” product line distributed by Sharing Services, Inc. (OTC: SHRV) turns out to have been aptly named, as scrutiny of the company’s Annual Report (10-K), recently filed with the SEC, will reveal (http://ibn.fm/v7yJx). Consolidated net sales for the first fiscal year, consisting primarily of Elevate products, totaled $8.4 million and included $7.4 million in the fourth quarter ended April 30, 2018. The company has high hopes for…