Sharing Services Global (OTCQB: SHRG) has entered into a nonbinding letter of intent (“LOI”) to acquire the brand of MojiLife products from MojiLife LLC. According to the announcement, the product line includes patented air-fragrance devices for use in the home and vehicle along with dozens of scents. Made with safe ingredients, the scents are nontoxic, gluten free, soy free, vegan, and hypoallergenic; other products obtained in the acquisition include essential oils and unique home products. Sharing Services and MojiLife have been working together for some time, and MojiLife officials stated that the acquisition will strongly enhance the market awareness and distribution of its products. “We are excited about this opportunity to acquire this brand of MojiLife products and work with such a talented and experienced team at MojiLife LLC,” said Sharing Services Global CEO John “JT” Thatch in the press release. “Their products are a natural fit to our company’s product offerings, and we believe this acquisition will expand our reach into the health and wellness market section.”
To view the full press release, visit https://ibn.fm/9sSQf
About Sharing Services Global Corporation
Sharing Services Global is a publicly traded diversified company dedicated to maximizing shareholder value through the acquisition and development of innovative companies, products and technologies. The Sharing Services combined platform leverages the capabilities and expertise of various companies that market and sell products direct to the consumer.
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