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SHRG News! >> Sharing Services Global Corp. (SHRG) Continues to Develop Product Portfolio in Line with Growing Market Needs
March 10, 2021
Pandemic has increased incidence of stress-induced symptoms such as insomnia and headaches.
Demand for products focused on relieving these symptoms has soared. SHRG quick to move, address this growing market need with release of relaxing, stress-relieving, sleep-promoting beverage.
It has long been known that stress can wreak havoc on people’s health and general sense of well-being, and the pandemic has confirmed that as people of in previous good health have reporting a host of seemingly unrelated symptoms, including intense headaches, insomnia and hair loss — for which chronic stress was often the only culprit, states a recent NPR article (https://ibn.fm/Za9f1). Recognizing the growing market needs for products that can help relieve stress, Sharing Services Global (OTCQB: SHRG), a publicly traded holding company specializing in the health and wellness direct-selling industry, offers a powerful beverage product called Unwined(TM) — a relaxing, stress-relieving, sleep-promoting beverage that may help with immune support.
A growing body of research shows that high stress levels over a longer period can significantly change physical health and affect nearly the whole body. Insomnia is one of the most common symptoms with increasing incidence during the pandemic. The article cites Express Scripts, a major pharmacy benefit manager, which reports that prescriptions for anti-insomnia medications rose by 15% early in the pandemic. Hormones are at the center of this complex play as the body keeps pumping out stress hormones until it tires itself out, leading to a whole host of unwanted symptoms, including insomnia.
To address the increasing needs of its consumer and distributors, the company’s wholly owned subsidiary known as Elepreneurs US, LLC, and Elevacity(R) U.S. LLC, released a new product: Unwined, a beverage created to provide relaxing, stress-relieving, sleep-promoting benefits that may help with immune support.
Made with a blend of ingredients such as antioxidants, adaptogens, extracts and minerals formulated to help reduce excess stress hormones such as cortisol and promote relaxation and sleep, Unwined is an ideal complement to Elevacity’s already existing products. The product line is designed to offer consumers a safe and efficient offering to help elevate their lives without the use of additives or fillers.
Focused on elevating health, wealth and happiness through proprietary powerful nutritional products, SHRG appears to prove again that it understands the key industry trends as they emerge. With this wellness beverage as the new addition to its brand portfolio, SHRG continues to position itself as a direct selling company in the wellness space, quick to move as market needs evolve to offer consumers and independent contractors alike solutions that help them live healthier elevated lives.
For more information, visit the company’s websites at www.SHRGInc.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
Thanks Rob54, I didn't even see that PR this morning. More GREAT news!
SHRG Strong Buy
SHRG News! >> Sharing Services Global Corporation (SHRG) Announces It Has Secured Direct Selling License in South Korea
PLANO, Texas, March 04, 2021 (GLOBE NEWSWIRE) -- via InvestorWire – Sharing Services Global Corporation (OTCQB: SHRG) (the “Company”), formerly Sharing Services, Inc., is pleased to announce that through one of its subsidiaries, it has obtained its Direct Selling License in South Korea, as part of its Asia Expansion Plan. The Company will be making plans to launch in that country soon.
“We will be announcing additional products and services as this launch is planned in the near future, but for now, we are very pleased to share this exciting news,” stated John “JT” Thatch, CEO of SHRG.
“South Korea is the third largest direct selling market globally. This marks a significant start to our global expansion plans and will set the stage for growth both in the U.S. and in Asia simultaneously,” stated Fai Chan, SHRG director. "We are glad to have a local Korean team that has tremendous experience both in South Korea and in the direct selling space to head up our expansion efforts in guiding the Company to achieve greatness and success in the right way."
“We are honored to have the opportunity to expand The Happy Co. into the country of South Korea,” said Bo Short, CEO of Elevacity Holdings, LLC and Elevacity International Holdings, LLC. “We are excited for our global family of Brand Partners and their ability to connect our business platform to entrepreneurs and customers in the great country of South Korea.”
Short added, “We will be strategizing next steps as we focus on announcing our pre-launch activities in this new market in the coming weeks.”
About Sharing Services Global Corporation
Sharing Services Global Corporation (OTCQB: SHRG), formerly Sharing Services Inc., is a publicly traded company dedicated to maximizing shareholder value through the acquisition and development of innovative companies, products and technologies in the direct selling sector and other industries. The Sharing Services combined platform currently leverages the capabilities and expertise of various companies that market and sell products direct to the consumer through independent contractors.
For more information, visit www.SHRGInc.com and www.thehappyco.com
Additional information is contained in the Company’s 10-Q and 10-K filings with the Securities and Exchange Commission.
Forward-Looking Statements
The statements contained in this press release that are not purely historical facts, or that depend upon future events, may 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 statements regarding the Company's expectations, hopes, beliefs, intentions, or strategies regarding the future, including the Company's operating margin and rolling average annual growth in tangible book value per share, constitute forward-looking statements. Prospective investors are cautioned not to place undue reliance on forward-looking statements, that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those projected in the forward-looking statements because of various factors. All forward-looking statements included in this document are based on information available to the Company on the date hereof and the Company assumes no obligation to update any such forward-looking statements. Prospective investors should also consult the risks 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.
Company Contact:
Sharing Services Global Corporation
Investor Relations
(469) 304-9400 Ext 201
Info@SHRGinc.com
Corporate Communications:
InvestorBrandNetwork (IBN)
Los Angeles, California
www.InvestorBrandNetwork.com
310.299.1717 Office
Editor@InvestorBrandNetwork.com
SHRG Acquisitions Coming!
“By significantly strengthening our investment in Sharing Services, we are confident in its ability to be a major player in the direct selling industry, providing it with the funds to exponentially increase its sales channels and substantially expand its product portfolio, positioning the company to rapidly scale sales in 2021 and beyond,” stated Frank D. Heuszel, CEO of DSS. “As part of our strategy, we are continuing to position Sharing Services to capitalize on the wealth of opportunities available to consolidate and rollup other direct selling companies. It is critical that capital be available to continue Sharing Services’ growth momentum. Through this investment, Sharing Services will move from drive to overdrive, positioning it with the assets, management, and resources needed to capitalize on the rapidly growing areas of opportunity in the direct selling markets globally.”
SHRG Strong Buy
we think you should step out and not help as your as your investing fundamentals are lacking. You fail to recognize one key component of your flawed analysis. DSS is the parent of the sub shrg by owning majority of shrg outstnding shares upon conversion. Therefore DSS gets an inherent value by having the highest pps of shrg. IS DSS more valuable if shrg shares are worth .30 or if they are worth $1.
SHRG is a stand alone reporting company and it pps will be dictated by both external and internal factors hence DSS pps will adjust accordingly from the pps of its reporting subs. I tried to keep the analysis very simple to make it easy for you to understand.
this is our opinion and you should pay heed to it
They are not. They are all subsidiaries.
I don’t think those are public companies. So one can not invest in them.
I think AEI would be the one to watch vs DSS. DSS is just being used as a facility. I believe AEI owns just about all of DSS. Just my thought.
SHARING SERVICES GLOBAL CORPORATION
LIST OF SUBSIDIARIES
Sharing Services Global Corporation
Elenergy, LLC (Texas)
Elepreneurs Holdings, LLC (Texas)
Elepreneurs U.S., LLC (Texas)
Elepreneurs Canada, ULC (Canada)
Elevacity Holdings, LLC (Texas)
Elevacity U.S., LLC (Texas)
Elevacity Global Australia PTY LTD (Australia)
Elevacity Global NZ Limited (New Zealand)
Elevacity Limited (United Kingdom)
Four Oceans Holdings, Inc (Nevada)
Imagine University, LLC (Texas)
Legacy Direct Global, LLC (Texas)
SHRG Affiliated Holdings, LLC (Texas)
SHRG Fulfillment Holdings, LLC (Texas)
SHRG Information Technologies, LLC (Texas)
SHRG IP Holdings, LLC (Texas)
Total Travel Media, Inc. (Nevada)
someone does not understand the advantages of investing in the subsidiary company as opposed to the parent. I will take your advice and form my own opinion as the one you give is lacking basic investing fundamentals. Here is a good read for you to get started:
https://www.amazon.com/s?k=investing+for+dummies+2021&crid=1KMFR99K20W6V&sprefix=investing+f%2Caps%2C584&ref=nb_sb_ss_ts-doa-p_1_11
SHRG News! >> Sharing Services Global Corporation (SHRG) Appoints New President to Lead Its New Travel Company
GlobeNewswire "Press Releases"
PLANO, Texas, March 03, 2021 (GLOBE NEWSWIRE) -- via InvestorWire Sharing Services Global Corporation (OTCQB:SHRG)(the Company), formerly Sharing Services Inc., announces the appointment of Jonathon McKillip to serve as the President for its travel company, the newest Hapi Brands subsidiary that was recently announced.
McKillip's experience in travel within the direct selling industry has spanned over 20+ years in more than 40 countries. His experience has focused on strategic leadership that has driven profitability and progress for rapid, sustained growth for emerging companies. He is a proven achiever, competitor and relationship builder who excels in exceeding aggressive business goals and delivering bottom line results. McKillip's ability to understand todays volatile business conditions and insight to articulate a compelling vision and inspire teams to top performance, effectively communicate, define strategy and develop tactical plans has led to his success in this marketplace.
With this appointment, Sharing Services President/CEO John JT Thatch said, We are very excited to have Jon lead our travel company especially in light of our U.S. and international growth plans. He has the direct sales industry experience of a successful field leader and corporate executive. His leadership skills with top field leaders and his executive experience in the business make him an ideal fit."
McKillip stated, I am honored and excited to work with the Sharing Services subsidiaries of companies to lead the launch of the new travel company. I am confident our dynamic travel platform will deliver unfettered access to tremendous savings while utilizing our new suite of travel-related products. We are thrilled to use the proven direct selling model to introduce this exciting travel opportunity to entrepreneurs worldwide.
Mr. McKillip will be leading this company domestically and internationally with a leading-edge platform of products tailored to the consumer like never before offered. He will work closely with our existing team of seasoned executives over the next several weeks to plan the launch worldwide. I look forward to working with him on this new brand and I'm excited for this next stage of company within our brand of companies, said Bo Short , CEO of Elevacity Holdings, LLC , the parent of the new travel company.
Additional information is contained in the Companys 10-Q and 10-K filings with the Securities and Exchange Commission.
About Sharing Services Global Corporation
Sharing Services Global Corporation (OTCQB: SHRG), formerly Sharing Services Inc. , is a publicly traded diversified company dedicated to maximizing shareholder value through the acquisition and development of innovative companies, products and technologies. The Sharing Services combined platform leverages the capabilities and expertise of various companies that market and sell products direct to the consumer. Two of its primary divisions include Elevacity U.S., LLC (a product sourcing and supply company) and Elepreneurs U.S., LLC (a sales and marketing company based on utilization of independent contractors as the sales force).
For more information, visit: http://www.SHRGInc.com
Forward-Looking Statements The statements contained in this press release, those which are not purely historical or which depend upon future events, may constitute forward-looking statements within the meaning of Section27A of the Securities Act of 1933 and Section21E of the Securities Exchange Act of 1934. Statements regarding the Company's expectations, hopes, beliefs, intentions or strategies regarding the future, including the Company's operating margin and rolling average annual growth in tangible book value per share, constitute forward-looking statements. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those projected in the forward-looking statements because of various factors. All forward-looking statements included in this press release are based on information available to the Company on the date hereof and the Company assumes no obligation to update any such forward-looking statement. Prospective investors should also consult the risks factors described from time to time in the Company's Reports on Forms10-K, 10-Q and 8-K and Annual Reports to Shareholders.
Company Contact:
Sharing Services Global Corporation
Investor Relations (469) 304-9400 Ext 201 Info@SHRGinc.com
Corporate Communications:
InvestorBrandNetwork (IBN) Los Angeles, California www.InvestorBrandNetwork.com 310.299.1717
Office Editor@InvestorBrandNetwork.com
Source: Sharing Services Global Corporation
Oh without a doubt it's broader! But SHRG shareholders aren't going to benefit in any way. DSS already owns 63 million shares and they will own the rest at below $0.30 in our opinion, so there's absolutely no upside to owning SHRG.
DSS, on the other hand, will OWN SHRG revenue and income and thus will benefit from the expansion of sales agents, SKU's and market territories that you are alluding to.
This is our opinion, go get your own.
I think the picture is broader.
https://www.alsetinternational.com/alset-family
1,551,586 vol, $0.391045 vwap, $606,739 dollar vol...SHRG
These are iHub stats.
OK, I guess we have to step in and help here. The BUY is NOT SHRG, there will be no material premium to today's prices on SHRG. In fact, it's OVERBOUGHT.
DSS has a $30 million convertible on the company. Do you really think that the note converts at $0.40 $0.50, $0.60??? C'mon now.
OF COURSE NOT!! If we had to guess, the note probably converts somewhere around $0.20 - $0.25, which is where the stock was trading when the note was signed.
At what WE think is the number, $0.225, the note will convert into approximately 133.33 million shares of SHRG that DSS will then own.
Combine that with what DSS currently owns (62.4 million) and you get a total ownership position of 195.7 million.
Total Outstanding shares of SHRG???
196,800,000
Acquisition, DONE.
This will add $6MM immediately to the bottom line of DSS, giving it an EPS of around $0.22. Nothing else DSS owns is profitable, so throw a 50 multiple on the EPS and you a price target of around $11.00, in our opinion.
We're long DSS, but we would NOT be long SHRG, the top has been determined and we do NOT think it's over $0.30.
Our position in SHRG is ZERO.
This is our opinion, go get your own.
Thanks, Rob54! SHRG Strong Buy
SHRG News! >> Sharing Services Global Corporation (SHRG) Announces Its New Travel Company
March 02, 2021 08:00 ET | Source: Sharing Services Global Corporation
PLANO, Texas, March 02, 2021 (GLOBE NEWSWIRE) -- via InvestorWire – Sharing Services Global Corporation (OTCQB: SHRG) (the “Company”), formerly Sharing Services Inc., announces its plan to launch a new travel company, a direct selling division focused on providing exclusive benefits and first-class discount travel opportunities to its brand partners and customers as one of its Hapi Brands subsidiaries.
The new travel company is designed to be an exclusive travel club that will be fully unveiled and launched in 2021, with a focus on providing a “Passport to Happiness” theme to its members and customers. The Company is poised to offer a robust travel-related portfolio of products through the direct selling model and in the leisure travel arena. To differentiate itself from its competitors, the new company will offer unfettered access to tremendous savings and exclusive benefits to its members on a level that has not been seen in the industry before.
“We have been planning to enter into this sector and consider now to be the most opportune time of all to announce this initiative. We have confidence that in the next several months people will want to start traveling again, as the current environment opens up, and we will be ready to offer the very best-in-class products and services for them to take full advantage of their travel experiences,” stated John “JT” Thatch, CEO of SHRG. “In the near future, we will be unveiling our website, travel programs and exciting pre-launch activities that we believe will be well received by our brand partners and customers.”
“This is a very exciting time in the Company, as we are working on multiple programs and expansion plans that will be unprecedented in this sector. I have been in direct selling for many years and have never seen an executive management team with such a long-term vision to reshape this industry and really serve its brand partners in this fashion. I’m excited and honored to be part of these new initiatives,” stated Bo Short, CEO of Elevacity Holdings, LLC, the parent of the new travel company.
About Sharing Services Global Corporation
Sharing Services Global Corporation (OTCQB: SHRG), formerly Sharing Services Inc., is a publicly traded company dedicated to maximizing shareholder value through the acquisition and development of innovative companies, products and technologies in the direct selling sector and other industries. The Sharing Services combined platform currently leverages the capabilities and expertise of various companies that market and sell products direct to the consumer through independent contractors.
For more information, visit www.SHRGInc.com.
Additional information is contained in the Company’s 10-Q and 10-K filings with the Securities and Exchange Commission.
Forward-Looking Statements
The statements contained in this press release that are not purely historical facts, or that depend upon future events, may 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 statements regarding the Company's expectations, hopes, beliefs, intentions, or strategies regarding the future, including the Company's operating margin and rolling average annual growth in tangible book value per share. Prospective investors are cautioned not to place undue reliance on forward-looking statements, that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those projected in the forward-looking statements because of various factors. All forward-looking statements included in this document are based on information available to the Company on the date hereof and the Company assumes no obligation to update any such forward-looking statements. Prospective investors should also consult the risks 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.
Company Contact:
Sharing Services Global Corporation
Investor Relations
(469) 304-9400 Ext 201
Info@SHRGinc.com
Corporate Communications:
InvestorBrandNetwork (IBN)
Los Angeles, California
www.InvestorBrandNetwork.com
310.299.1717 Office
Editor@InvestorBrandNetwork.com
Maybe another press release tomorrow?
2,655,278 vol, $0.375435 vwap, $996,884 dollar vol...SHRG
These are iHub stats.
boom baby lets take this thing to the moon....
SHRG News! >> Document Security Systems Strengthens Its Interest in Sharing Services Global Corporation through $30 Million Investment
Press Release | 03/01/2021
ROCHESTER, N.Y., March 01, 2021 (GLOBE NEWSWIRE) -- Document Security Systems, Inc. (NYSE American: DSS) (“DSS”) announced today in a joint press release that it has increased its investment in Sharing Services Global Corporation (OTCQB: SHRG) (“Sharing Services”), a publicly traded company dedicated to maximizing shareholder value through the acquisition and development of innovative companies, products, and technologies in the direct selling industry, through a $30 million convertible promissory note.
“This investment will help to accelerate Sharing Services sales and growth, as well as international expansion,” stated Chan Heng Fai, Chairman of DSS. “I believe Sharing Services is now extremely well capitalized to be a dominant player in the global marketplace over the next two years.”
“By significantly strengthening our investment in Sharing Services, we are confident in its ability to be a major player in the direct selling industry, providing it with the funds to exponentially increase its sales channels and substantially expand its product portfolio, positioning the company to rapidly scale sales in 2021 and beyond,” stated Frank D. Heuszel, CEO of DSS. “As part of our strategy, we are continuing to position Sharing Services to capitalize on the wealth of opportunities available to consolidate and rollup other direct selling companies. It is critical that capital be available to continue Sharing Services’ growth momentum. Through this investment, Sharing Services will move from drive to overdrive, positioning it with the assets, management, and resources needed to capitalize on the rapidly growing areas of opportunity in the direct selling markets globally.”
“Sharing Services is now in the expansion phase with a direct focus on the Asian markets, more specifically in countries such as South Korea, Japan, Hong Kong, China, Singapore, Taiwan, Thailand, Malaysia, and the Philippines,” stated John “JT” Thatch, CEO of Sharing Services. “Now with the additional support and resources needed to meet the expected substantial demand, we believe Sharing Services could generate millions more in sales over the next 12 months of operations, ultimately positioning the company to potentially become a billion-dollar business.”
Prior to this convertible promissory note investment, DSS owned 37% of the outstanding shares of Sharing Services. Sharing Services generated $98.4 million in revenue and $5.6 million net income in the trailing 12-month period ended September 30, 2020.
About Document Security Systems, Inc.
DSS is a multinational company, operating businesses in brand protection technology, blockchain security, direct marketing, healthcare, real estate, and securitized digital assets. Its business model is based on a distribution sharing system in which shareholders will receive shares in its subsidiaries as DSS strategically spins them out into IPOs. Its historic business revolves around counterfeit deterrent and authentication technologies, smart packaging, and consumer product engagement. DSS is led by its Chairman and largest shareholder, Mr. Fai Chan, a highly successful global business veteran of more than 40 years specializing in corporate transformation while managing risk. He has successfully restructured more than 35 corporations with a combined value of $25 billion.
For more information on DSS visit http://www.dsssecure.com.
DSS Investor Contact:
Dave Gentry, CEO
RedChip Companies Inc.
407-491-4498
Dave@redchip.com
Had about as much effect as the previous day's news ;) which isn't/wasn't a good thing...
I really liked the news though, fwiw!
SHRG Strong Buy
You win. Here we go!
SHRG News! >> Sharing Services Global Corporation (SHRG) Announces Asia Expansion Plan and Strategic Asian Market Growth Initiative
PLANO, Texas, Feb. 26, 2021 (GLOBE NEWSWIRE) -- via InvestorWire – Sharing Services Global Corporation (OTCQB: SHRG) (the “Company”), formerly Sharing Services, Inc., today announces its plans to aggressively expand into Asian markets to exponentially grow the business operations of its wholly owned subsidiaries. The Company will also be announcing additional products and services as this expansion moves forward.
Initial expansion efforts will focus on locations such as South Korea, Japan, Hong Kong, China, Singapore, Taiwan, Thailand, Malaysia, and the Philippines.
“Preliminary steps have already been taken, and Sharing Services anticipates making significant progress toward the completion of this expansion over the course of the next several months,” stated John “JT” Thatch, CEO of SHRG. “We are pleased with the international team’s recent achievements in support of our ongoing efforts to launch expansion into this growing marketplace.”
“We are moving very fast to get to where we want to be. This expansion will bring the Company to a whole new level, and we are excited about the potential growth this can bring to the Company in the very near future,” stated Fai Chan, SHRG director.
Additional information is contained in the Company’s 10-Q and 10-K filings with the Securities and Exchange Commission.
About Sharing Services Global Corporation
Sharing Services Global Corporation (OTCQB: SHRG), formerly Sharing Services Inc., is a publicly traded diversified company dedicated to maximizing shareholder value through the acquisition and development of innovative health, wealth and happiness-motivated products and technologies in the direct selling industry. The Company leverages the expertise of its highly experienced global management team to market and sell products direct to consumers through its independent contractor sales force. The Company intends to differentiate itself by offering products and services that promote health, wealth and happiness.
For more information, visit www.SHRGinc.com, www.thehappyco.com.
SHRG Strong Buy
excellent timing
In April and out in August, :)
How that position working out?
SHRG=SHtRonG buy...lol
Someone (group) wants to move it up. Not desperately as they will sit on the bid .252 x .254 ask for hours, lol...
What irritated me was the failure to issue a PR for the Q2 results which were very good...
Think they have some personal thing going with mlmmafia and the other yoyo, don't want them getting too much $$$ for their settlement shares, now...
I could be way off. But someone is trying to move her higher now, even if just temporary.
I like the new guy.
SHRG Strong Buy
SHRG: Insiders sold all their warrants on that big pop.Thought they would let it go to make even more $$$ gains, but SHRG is just a typical OTC ticker till now even if QB
With all of their revenue, it appears this company has no desire to have its pps rise; there's no need to. The run to the 0.70s this past summer appeared to be a classic pump and dump IMO.
SHRG: Thanks but not sure insiders are really wanting to move it up bigly.
Maybe if they give themselves more warrants like last year?
Get back in here, Sibware, lOl...SHRG Strong Buy
Damn, I didn't see that coming, Rob54...
Not sure if anyone watches 'AEI' but almost tripled last week. Interesting connection if you dig a little bit.
Thanks Rob54...great INFO...
Thanks, Rob54, I like to see "his companies" do well...esp SHRG :)
Mr Chan Ambrose holding company AEI also getting a bump. Will have to dig a little bit.
10Q filing due March 15ish...SHRG Strong Buy
SHRG 3rd Q ended Jan 31 2021...SHRG Strong Buy
I agree. It did go unnoticed for a while but I was ok with that. We should be at $2 sometime this year and $4 on the NAZ 2022, JMO... :)
SHRG Long, Strong Buy
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