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Sharing Services Global Corporation (OTCQB: SHRG), formerly Sharing Services Inc., is a diversified company dedicated to maximizing shareholder value, operating through two primary subsidiaries: Elepreneurs Holdings, a direct-selling company, and Elevacity Holdings, a products company. Headquartered in Plano, Texas, SHRG markets and distributes Elevate-branded health and wellness products through an independent sales force of distributors called Elepreneurs.
Proprietary Products
SHRG’s current exclusive Elevate product offerings are marketed under the Elevacity brand, so named to signify the company’s commitment to elevating lives.
The Elevate health and wellness product line consists of nutraceutical products that SHRG refers to as D.O.S.E., which stands for dopamine, oxytocin, serotonin and endorphins – all of which are key hormones proven to promote happiness and well-being.
Elevacity brand products are carefully formulated, chosen and designed to support a single objective: elevate the happiness and well-being of the consumer.
Considerations:
- Diversified holding company specializing in the direct-selling industry and network marketing.
- Direct selling in the United States represents $35.4 billion in retail sales in 2018, a 1.3% increase from 2017. Global direct-selling revenues hit $182 billion.
- Employs unique Blue Ocean Strategy to empower entrepreneurs and engage a paradigm shift in business leadership across a wide range of sectors.
- Exclusive line of health and wellness products consists of anti-aging skin care, functional beverages and natural supplements, all based on the company’s exclusive D.O.S.E. product formulation of four hormones designed to promote happiness and well-being.
- Cumulative sales revenues hit $169 million since the December 2017 launch of Elevate products through the Elepreneurs and Elevacity subsidiaries.
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