Sharing Services Global Corporation (SHRG) Continues to Post Record Sales; Forecasts Continued Success Moving into New Year
SHRG posts record Q2 revenues, cumulative sales of $169 million since launching proprietary line of products. CEO says record sales demonstrate that SHRG sales, support strategies are on the right path. Company officials believe SHRG will be able to fund working capital needs for the next year with existing cash and cash equivalents with cash provided through operations and secured and unsecured debt, including through issuance of convertible notes and short-term borrowings under financing arrangements and occasional capital transactions In its most recent SEC filing, Sharing Services Global Corporation (OTCQB: SHRG), a diversified holdings company in the direct-selling industry, posted…