Sharing Services Global Corp (SHRG)

[recinvestor]

SHRG Comprehensive DD packet with quick view points.

If you’re just discovering SHRG, please take the time to review all of this information that has been compiled primarily by Silky and Grolden. I’ve organized this to put in one place here.

SHRG is a profitable holding company that acquires and develops innovative companies. The majority of earnings come from a division called Elevacity which is a huge health and wellness products company.

elevacity.com

Share structure
AS = 500M
OS = 166M as of 8/3/2020
Float = 18M

To see how these numbers were derived, the latest filing from
8/12/2020 shows the share structure and insider holdings.

8/12/2020 Schedule 14A showing O/S of 166M, and insider ownership of about 148M of the O/S, leaving about 18M for the float. See page 15.

https://www.otcmarkets.com/filing/html?id=14327336&guid=Oaz6Ua90cff3I3h



Quick points:

1. $131.4 mil revenues for fiscal year 2020.

2. Float = about 18,000,000

3. Keith Hall - President of Elepreneur(subsidiary of SHRG) Cofounded $NUS, which trades at $47.3 on Naz.

4. $DSS - NYSE stock owns 72,417,593 shares of $SHRG

5. Mr. Chan is Executive Chairman of the Board for $DSS, and $SHRG, and took American Pacific Bancorp from $.25-$16, founded $GMRE taking it from OTCQB to Nazdaq where it trades at $12.

6. In 2019 they announced they had plans to Uplist SHRG, and now sudden buying from $DSS.

Keith Hall has already taken $NUS public, Chan controls $DSS, and took $GMRE from OTCQB to Naz. This looks like one of those rare moments that we will see a solid company going from OTCQB to Naz, and the community has the opp to be in ground floor.

Other companies in this same space we see P/E ratios of 17-27. Even a P/E ratio as low as 5 on $SHRG puts this at roughly $4.2. With expansion into Asia and those revenues (possible with $DSS), or the insider shares turned to preferred, then that price obviously moves way up.

7. SHRG recently filed a new entity in their home state of Texas called North American Aquisitions, LLC.



To see the filing for yourself, you’ll have to pay $1 to have access and then pay a little more to download filings.

https://www.sos.state.tx.us/corp/sosda/index.shtml

Seems like SHRG is setting up shop to possibly acquire other businesses that further put them in a position for continued massive growth.

To get a more complete picture of how things have come together, one must look to filings. Below are some of the most recent ones with a description of what’s most important in each of the filings, followed by links and screenshots of the filings.

7/8/2020 Annual 10K showing tremendous YOY growth from $85M in 2019 to $131M in net sales for the fiscal year. Page 28:
https://www.otcmarkets.com/filing/html?id=14263713&guid=6fqFU6EIXgtF-yh



7/23/2020 form 4 filing by DSS:
https://www.otcmarkets.com/filing/html?id=14284399&guid=6fqFU6EIXgtF-yh

DSS (Document Security Systems trades on the NYSE at $7.98/share as of 7/31/2020) owns 32+ million shares of SHRG. Code P = open market or private purchase. Meaning these were not “gifted”.



7/31/2020 another form 4 filing by DSS:
https://www.otcmarkets.com/filing/html?id=14302899&guid=6fqFU6EIXgtF-yh

DSS owns an additional 30 million shares plus 10 million warrants at .20 bringing the total number of shares owned by DSS to 72+ million shares. All code P, which again means these were not gifted.



7/31/2020 Schedule 13D showing DSS’s total shares owned of SHRG as 72+ million shares.
https://www.otcmarkets.com/filing/html?id=14302904&guid=6fqFU6EIXgtF-yh



Conclusion:
All in all, SHRG has a ton going for it. The fundamentals are in place, the company is profitable, financials are audited, the float is tiny, huge insider ownership, YOY growth, P/E basically at 0 ratio right now, up listing plans to the NASDAQ, a NYSE company holding a massive stake in SHRG, and huge growth potential in place with the recent formation of new divisions shown in filings.

No wonder this is seeing such a beautifully sustained move with an incredible chart showing a bull flag formation and wedge that is ready to break out once .73 is broken and held.