NetworkNewsBreaks – Sharing Services Inc. (SHRV)
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Sharing Services (OTCQB: SHRV), a Plano, Texas-based diversified holding company, employs an interesting business model that concentrates on mentorship of subsidiary companies. A recent article discussing the company reads, “Another branch of Sharing Services’ success is Elepreneurs LLC, a wholly owned subsidiary of the company. Elepreneurs has seen vigorous success since it was launched in December 2017 and currently services over 150,000 customers throughout the United States. Its Elepreneurs, also known as independent contractors, share the company’s line of Elevacity products with others, seeing part-time profits individually and enticing fans of the Elevacity product line to join the Elepreneurs team as well. . . . Sharing Services has structured Elepreneurs to contract with other companies, utilizing the direct selling model to promote and sell products.”
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