Sharing Services, Inc. (SHRV) Revenues Rapidly Increase as Multi-Level Marketing Model Thrives on New Wellness Products

August 17, 2018 11:49:51
  • Elevate product line boosts fourth quarter sales in excess of $7 million
  • Potential for rapid further growth in market worth $12 billion
  • Application of successful multi-level marketing model to other business units

The “Elevate” product line distributed by Sharing Services, Inc. (OTC: SHRV) turns out to have been aptly named, as scrutiny of the company’s Annual Report (10-K), recently filed with the SEC, will reveal (http://nnw.fm/uZu1g). Consolidated net sales for the first fiscal year, consisting primarily of Elevate products, totaled $8.4 million and included $7.4 million in the fourth quarter ended April 30, 2018. The company has high hopes for the brand. It believes that the Elevate line will revolutionize how people take care of their health by facilitating the convergence of its nutraceuticals, advanced technologies and network marketing entrepreneurial opportunities in the market place. The company anticipates that revenues from the brand will continue to increase during the current fiscal year, which ends on April 30, 2019.

The Elevate product line, which focuses on health, wealth and happiness, was developed to empower the health-conscious global community. It comprises a range of…

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