Business
Sharing Services Global Corporation (SHRG) Announces a Global Settlement on All Legal Disputes Related to Founder Robert Oblon, Jordan Brock and Alchemist Holdings, LLC.
Sharing Services Global Corporation (SHRG) Announces a Global Settlement on All Legal Disputes Related to Founder Robert Oblon, Jordan Brock and Alchemist Holdings, LLC..
About this update from Sharing Services Global Corp.
[{"type":"text","content":"\n PLANO, Texas, March 10, 2020 (GLOBE NEWSWIRE) -- via Network Wire – Sharing Services Global Corporation (OTCQB: SHRG), formerly Sharing Services Inc., ( and its subsidiaries) along with Robert Oblon, Jordan Brock and Alchemist Holdings, LLC are pleased to announce that, effective today, the foregoing parties have reached an amicable agreement concerning all disputes pending between them (including all litigation matters). A comprehensive settlement agreement has been executed which provides for the complete resolution of all disputes and further envisions a constructive relationship between all the parties on a go forward basis. All parties see the tremendous potential of Sharing Services and have agreed to move forward in a manner that can allow for the successful operation and growth of the Company as well as the continued success of its strategic partners and most importantly, the more than 25,000 distributors of the Company’s health and wellness product line.We want to thank everyone involved for their continued support.Additional information is contained in the Company’s 10-Q and 10-K filings with the Securities and Exchange Commission. About Sharing Services Global Corporation Sharing Services Global Corporation (OTCQB: SHRG), formerly Sharing Services Inc., (“Sharing Services” or “the Company”) is a diversified company, with Elepreneurs Holdings and Elevacity Holdings being its primary operating subsidiaries. The Company markets and distributes health and wellness products that are sold under the Elevate brand through an independent sales force of distributors, or Elepreneurs, using a marketing strategy which is a form of direct selling. The Company’s current product offerings include its Elevate health and wellness product line, launched in December 2017. The Company’s Elevate product line consists of Nutraceutical products that the Company refers to as “D.O.S.E.” (which stands for: Dopamine, Oxytocin, Serotonin and Endorphins). For more information, visit www.SHRG.com, www.Elevacity.com or www.Elepreneur.com. Forward-Looking Statements The statements contained in this press release that are not purely historical facts, or that depend upon future events, may constitute forward-looking statements within the meaning of Sectio...