Shrg

ITEM 1. BUSINESS. Sharing Services Global Corporation ("Sharing Services", "we," or the "Company"), formerly Sharing Services, Inc., markets and distributes health and wellness products primarily in the United States and Canada. The Company is an emerging growth company and was incorporated in the State of Nevada in April 2015. It markets and distr... ibutes its products and services primarily through an independent sales force, which it refers to as "Elepreneurs," using a marketing strategy which is a form of direct selling. The Company's main operating subsidiaries are Elepreneurs Holdings, LLC and Elevacity Holdings, LLC. The Company does not operate retail stores. It markets its products and services through its independent sales force and using its proprietary website: www.elevacity.com. The Company's fiscal year ends on April 30. Our History Sharing Services, Inc. was originally formed in 2015 to develop and market two web applications but soon expanded its business development initiatives to include a wide range of health and wellness, and other products and services. During its fiscal year 2018, the Company intensified its efforts to develop an independent sales force and the infrastructure to procure, market and distribute its products and services, as further discussed below. As a result of these initiatives, several of the Company's health and wellness products became market ready, and the Company launched its Elevate brand of health and wellness products in December 2017. In January 2019, Sharing Services, Inc. changed its corporate name to Sharing Services Global Corporation to better reflect the Company's strategic intent to grow its business globally. In connection with the name change, the Company adopted the trading symbol SHRG effective April 4, 2019. Prior to this the Company's common stock traded under the trading symbol SHRV. Future Growth The Company plans to expand its product offerings from time to time in order to further grow its business and achieve sustained profitability. This growth ...Read More