Sharing Services Global Corporation (OTCQB: SHRG), formerly Sharing Services Inc., today announced fiscal third-quarter revenues of $31.6 million for the three months ended Jan. 31, 2020, an increase of 22% compared to revenues of $26.0 million reported in the comparable quarter of fiscal 2019. “Our Q3 revenues demonstrate that our sales and support strategies are solid as we continue to grow in the direct selling industry. We attribute our success to our incredible team at our corporate offices and our independent distributors, called ‘Elepreneurs,’” stated SHRG CEO John “JT” Thatch. “We recently launched as a presale item the new vanilla chai tea product and continue to explore new products that will benefit our Elepreneurs, loyal customers and shareholders.”
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About Sharing Services Global Corporation
Sharing Services Global Corporation (OTCQB: SHRG), 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 Holdings, LLC (A Product sourcing and supply company) and Elepreneurs Holdings, LLC. (A sales & marketing company based on utilization of independent contractors as the sales force). For more information, visit www.SHRVcom.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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