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Sharing Services, Inc. (SHRV) Reaches New Revenue Milestone with Sales of $2.4 Million in March

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PLANO, Texas, May 15, 2018 (GLOBE NEWSWIRE) -- via NetworkWire – Sharing Services, Inc. (OTC:SHRV) today reports that gross sales for the month of March doubled the total sales for the previous month of February.  March sales are to be reported at just over $2.4 million, representing another new milestone and diligence in executing the company's corporate growth strategy.

"We are very pleased that our sales continue to grow, especially in our fourth month. Since launching our incredible health and wellness division of "Elevacity" products we have achieved sales of just over $2.4 million," CEO John "JT" Thatch said. "We have an incredible team of Elepreneurs in that division and they are executing our go-to market strategy flawlessly, in addition our customers seem very pleased with the products as we continue to grow in the marketplace.

"We will continue to grow in this area and are currently working on several support and operational functions within the company that will allow this to happen," Thatch added. "I anticipate in exceeding our goals by not just putting record-breaking revenues on the books but bringing satisfaction to our customers by providing them with all the best products and training available."

"We have exceeded our goals as we continue our record-breaking pace within direct selling, but our best-in-class products and services are proving the concept on our very unique Blue Ocean Strategy," Robert Oblon, Chairman of Sharing Services, said.

Sharing Services continues to gain traction in the direct selling industry, in which the company owns, operates or controls an interest in companies that offer services ranging from manufacturing, processing, training and travel benefits.

Since the company launched late last year, it has taken several steps to support its pursuit of expansion including establishing a new corporate headquarters to accommodate growth as well as bringing on experienced talent to help drive the company forward and continue momentum on a grand scale.

About Sharing Services, Inc.

Sharing Services, Inc. is a diversified holding company specializing in the direct selling industry. SHRV owns, operates, or controls an interest in a variety of companies that either sell products to the consumer directly through independent representatives or offers services that range from health and wellness, energy, technology, insurance services, training, media and travel benefits. Visit http://www.SharingServicesInc.com, call 714.203.6717, or email Info@SharingServicesInc.com, to learn more. The following websites mentioned in this article are www.elevacity.com and www.elepreneur.com

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 as a result 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, Inc.
Investor Relations
(714) 203-6717
Info@SharingSevicesInc.com

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