Sharing Services Global Corporation (SHRG) Announces First Canada Event for Its Elepreneur, LLC Subsidiary
PLANO, Texas, April 17, 2019 (GLOBE NEWSWIRE) -- via NetworkWire -- Sharing Services Global Corporation (OTCQB: SHRG) (“the Company”), a diversified holding company specializing in the direct selling industry, today announces that its wholly owned subsidiary Elepreneur, LLC plans to hold its first event in Canada since announcing global expansion plans late last year.
As the next step in its international expansion strategy, Elepreneur, LLC has plans to expand into Canada. In preparation for this future launch, Elepreneur, LLC will hold its first Canadian event in Ottawa, Ontario, on May 3 and 4. The event will take place at the Delta Hotel by Marriott.
According to the Direct Sellers Association of Canada, the Canadian direct selling market produced annual sales of $2.6 billion in 2017. Furthermore, of the 1.3 million independent sales consultants in Canada, 82% are women, which aligns well with the future launch of Elepreneur, LLC in Canada, given that the Company’s force of independent salespeople (known as “Elepreneurs”) includes a similar female demographic.
"We are pleased to enter the Canadian market and share our great products while continuing to create our ’Blue Ocean Strategy’ in other countries outside the U.S. This is a very exciting time for our company and its great team of Elepreneurs,” stated John “JT” Thatch, CEO of Sharing Services.
About Sharing Services Global Corporation
Sharing Services Global Corporation (OTCQB: SHRG), formerly Sharing Services Inc., is a diversified holding company that is publicly traded and dedicated to maximizing shareholder value through the acquisition and development of innovative companies, products and technologies in the direct selling industry. SHRG and its subsidiaries have built a diversified portfolio in the direct selling industry. SHRG owns, operates or controls an interest in a variety of companies specializing in the direct selling industry and is reshaping how modern entrepreneurs succeed in a new and vibrant world market. The Sharing Services combined platform leverages the capabilities and expertise of various companies that either sell products direct to the consumer through independent representatives or offer services that range from travel benefits to health and wellness, energy, technology, insurance services, training and media. Most importantly, SHRG is committed to conducting business with a high level of integrity, respect and dedication, which allows the organization to make a difference in the lives of its representatives, customers, employees, investors and the global community. Two of its primary divisions include Elevacity Global, LLC and Elepreneur, LLC. For more information, visit , or .
About Elepreneurs
Elepreneurs, a wholly owned subsidiary of Sharing Services, Inc. (OTCQB: SHRG), is a network marketing company that is elevating entrepreneurship opportunities for home-based independent sales representatives. Elepreneurs is on a mission to elevate health, wealth and happiness. The company helps elevate a person’s life through patented nutritional products, life-changing virtual success training and a unique rewards program. Elepreneurs is headquartered in Plano, Texas. For general information on our products and services, please visit .
Forward Looking Statements
The statements contained in this press release that are not purely historical are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 31E 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 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 statement. Prospective investors should also consult the risks described from time to time in the Company's Reports on Forms 10-K, 10-Q and 8-K and Annual Reports to Shareholders.
Contact:
Sharing Services Global Corporation
Investor Relations
(469) 304-9400 Ext 201
Corporate Communications:
NetworkWire (NNW)
New York, New York
212.418.1217 Office
