Elevate Coffee along with its companion supplement D.O.S.E. is coffee with added nootropics that elevate the mood and overall happiness of it’s drinkers with scientific evidence based supplements. Sales boomed based on a free sample program that allows people to try the product before purchasing.
Sharing Services Global Corporation (OTCQB: SHRG), previously Sharing Services Inc., announces earnings of $38.9 million for its fiscal quarter ended Oct. 31, 2019, more than double incomes of $18.0 million reported in the similar quarter of fiscal 2019. This fiscal quarter sets another record for SHRG and brings cumulative sales earnings to $169 million given that the December 2017 launch of products through the Company's Elepreneurs U.S., LLC and Elevacity U.S., LLC subsidiaries.
About Elevacity Coffee
Elevate Coffee along with its companion supplement D.O.S.E. is coffee with added nootropics that elevate the mood and overall happiness of it's drinkers with scientific evidence based supplements. Sales boomed based on a free sample program that allows people to try the product before purchasing. Elevacity Free Samples and more information here. Elevacity
" Product sales for our extraordinary health and wellness products of Elevacity Global continue to be strong, consistently increasing each quarter," mentioned SHRG CEO John "JT" Thatch. "Our Q2 incomes show that our sales and support strategies are on the right course as we continue to grow in the direct selling marketplace. We attribute our success to our independent distributors, which we describe as Elepreneurs, and our extraordinary group at the business workplaces.
" SHRG will continue its efforts to broaden earnings through its subsidiaries by included assistance, expansion efforts and by bringing on extra skilled market skill to assist these efforts on a large scale. The Company will continue to examine its expansion plans, products and strategies to continue its success as we participate in 2020."
Extra information is contained in the Company's 10-Q and 10-K filings with the Securities and Exchange Commission.
About Sharing Services Global CorporationSharing Services Global Corporation (OTCQB: SHRG), previously Sharing Services Inc., ("Sharing Services" or "the Company") is a diversified business, with Elepreneurs Holdings and Elevacity Holdings being its main operating subsidiaries. The Company markets and distributes health and health items that are sold under the Elevate brand name through an independent sales force of distributors, or Elepreneurs, using a marketing technique which is a kind of direct selling. The Company's existing product offerings include its Elevate health and health product line, launched in December 2017. The Company's Elevate product line includes Nutraceutical items that the Company refers to as "D.O.S.E." (which means: Dopamine, Oxytocin, Serotonin and Endorphins). To learn more, see www.SHRV.com, www.Elevacity.com or www.Elepreneur.com.
Positive StatementsThe statements contained in this news release that are not purely historic realities, or that rely on future events, might constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, including declarations regarding the Company's expectations, hopes, beliefs, intentions, or techniques relating to the future, consisting of the Company's operating margin and rolling average annual development in concrete book worth per share, make up forward-looking statements. Potential investors are cautioned not to position excessive dependence on positive declarations, that any such forward-looking declarations are not warranties of future performance and involve risks and uncertainties, which actual results might differ materially from those projected in the forward-looking statements since of different factors. All positive declarations consisted of in this document are based on information available to the Company on the date hereof and the Company assumes no obligation to upgrade any such forward-looking declarations. Potential investors ought to likewise consult the threats described from time to time in the Company's Annual Reports on Form 10-K, Quarterly Reports on Form10-Q and Current Reports on Form 8-K and Annual Reports to Shareholders.
