SAN DIEGO and NEW YORK, Jan. 9,
2020 /PRNewswire/ -- Youngevity® International,
Inc. (NASDAQ: YGYI), a
leading multi-channel lifestyle company operating in three
distinct business segments including a commercial coffee enterprise
and a commercial hemp enterprise, was recognized by Nasdaq as a
2020 "Wellness Week" company and selected to ring the closing bell
on January 7, 2020 at the Nasdaq
MarketSite in Times Square.
On January 7, 2020, Youngevity's
executive leadership team gathered alongside YGYI Ambassadors
Marilu Henner and Dr.
James Rouse, company distributors
and winners of Youngevity's 2019 Better Health Challenge.
The company orchestrated a series of interviews while in
New York including two interviews
on Nasdaq's Behind the Bell Programs. The first interview
featured Marilu Henner and Dr.
James Rouse > Click here to
view.
The company reported that the Youngevity Better Health Challenge
has seen a 74% increase in revenue during the first 8 days of 2020
vs trend line, and a 43% increase in revenue vs prior year.
The second interview featured the Youngevity Better Health
Challenge past winner and YGYI management. > Click Here to
view.
Youngevity participated in other media opportunities including
an interview with Debra Borchardt
the CEO, Co-founder, and Editor-in-Chief of the cannabis
financial news website Green Market Report.
"Our team was honored to participate in a Nasdaq bell ringing
ceremony for a second time," Steve
Wallach, Youngevity CEO stated. "We appreciate the
opportunity to showcase the Youngevity Better Health Challenge
during Wellness Week 2020. Additionally, we appreciate the
opportunity to connect with and update our investors, partners and
customers on our continued efforts to scale our business and bring
products of unparalleled quality to the marketplace."
To review the recap video from the closing bell ringing click
here
"We want to express our gratitude to investors and shareholders
for their ongoing support and patience as we scale 3 distinct
business segments and prepare for the exciting future ahead," said
Youngevity President and CFO Dave
Briskie. "We believe Youngevity is uniquely positioned in
the market through YGYI's three reporting segments. We will
continue to take steps to strengthen our competitive advantage
through intentional focus on the hemp and coffee segments which we
expect will drive further growth in the future."
Youngevity owns a field to finish hemp enterprise under its
Khrysos Industries Brand, and a field to cup coffee enterprise
under its CLR Roasters Brand. Also included under the Youngevity
umbrella are a multitude of brands and best-in-class products that
are focused on supporting a healthy lifestyle and are delivered
direct to distributors and consumers.
Photo provided by Nasdaq.
About Youngevity International, Inc.
Youngevity
International, Inc. (NASDAQ: YGYI and YGYIP), is a
multi-channel lifestyle company operating in three distinct
business segments including a commercial coffee enterprise, a
commercial hemp enterprise, and a multi-vertical omni direct
selling enterprise. The Company features a multi country
selling network and has assembled a virtual Main Street of products
and services under one corporate entity, YGYI offers products from
the six top selling retail categories: health/nutrition,
home/family, food/beverage (including coffee), spa/beauty,
apparel/jewelry, as well as innovative services.
About Nasdaq:
Nasdaq is a global technology
company serving the capital markets and other industries. Our
diverse offering of data, analytics, software and services enables
clients to optimize and execute their business vision with
confidence. To learn more about the company, technology solutions
and career opportunities, visit us on LinkedIn, on Twitter @Nasdaq,
or at www.nasdaq.com.
Safe Harbor Statement
This release contains
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. In some cases,
forward-looking statements can be identified by terminology such as
"may," "should," "potential," "continue," "expects," "anticipates,"
"intends," "plans," "believes," "estimates," and similar
expressions. These forward-looking statements are based on
management's expectations and assumptions as of the date of this
press release and are subject to a number of risks and
uncertainties, many of which are difficult to predict that could
cause actual results to differ materially from current expectations
and assumptions from those set forth or implied by any
forward-looking statements and include statements regarding being
uniquely positioned in the market through YGYI's three reporting
segments, continuing to take steps to strengthen our competitive
advantage through intentional focus on the hemp and coffee areas,
the hemp and coffee segments driving further growth in the future,
and continuing efforts to scale our business and bring products of
unparalleled quality to the marketplace. Important factors
that could cause actual results to differ materially from current
expectations include, among others, our ability to continue to
uniquely position ourselves in the market, our ability to continue
to take steps to strengthen our competitive advantage through
intentional focus on the hemp and coffee areas, our ability to
drive revenue and further growth in the hemp and coffee segments,
our ability to scale our business and bring products of
unparalleled quality to the marketplace, our ability to continue
our international growth, our ability to leverage our platform and
global infrastructure to drive organic growth, our ability to
return to profitability, expand our liquidity, and strengthen
our balance sheet, our ability to continue to maintain compliance
with the NASDAQ requirements, the acceptance of the omni-direct
approach by our customers, our ability to expand our distribution,
our ability to add additional products (whether developed
internally or through acquisitions), and the other factors
discussed in the preliminary prospectus supplement and accompanying
base prospectus and our Annual Report on Form 10-K for the year
ended December 31, 2018 and our
subsequent filings with the SEC, including subsequent periodic
reports on Forms 10-Q and 8-K. The information in this release is
provided only as of the date of this release, and we undertake no
obligation to update any forward-looking statements contained in
this release on account of new information, future events, or
otherwise, except as required by law.
Contacts
Youngevity International, Inc.
Dave Briskie
President and Chief Financial Officer
1 800 982 3189 X6500
Investor Relations
YGYI Investor Relations
800.504.8650
investors@ygyi.com
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SOURCE Youngevity International, Inc.