Youngevity Aims For $175 To $190 Million Revenue0
Youngevity Aims For $175 To $190 Million Revenue
Youngevity International, Inc. (OTCQX: YGYI), a global direct marketer of nutritional and lifestyle products and also a vertically-integrated producer of gourmet coffees for the commercial, retail and direct sales channels, today announced the Company’s management team will commence the strategic growth agenda, which was first announced and outlined on the First Quarter Shareholder Conference Call.
David Briskie, President and CFO of Youngevity, stated,
“As announced on our earnings call, we are ready to begin our corporate strategic growth initiative.
Having issued guidance in the range of $175 to 190 Million for 2016, we believe we are at the perfect inflection point to take the Company to new heights.
We will investigate an up listing on one of the senior exchanges. Our plan is ambitious; however, with strong product sales, over 1000 products available, organic growth and the stepped up activities of our distributors, we believe we are well positioned for the future.
In addition, our coffee business continues to expand as we explore additional U.S. based retail opportunities.”
Steve Wallach, CEO of Youngevity, said, “This is an exciting time for management and all our shareholders. As our plan evolves we will update our shareholders on the progress we are making to up list on the NYSE or NASDAQ.”
To Listen to the 1Q 2106 Youngevity Shareholder Conference Call Referenced Above: Click the following link: http://ygyi.com/calls.php
About Youngevity International, Inc. Youngevity International Inc., (OTCQX: YGYI) (www.YGYI.com ) is a fast-growing, innovative, multi-dimensional company that offers a wide range of consumer products and services, primarily through person-to-person selling relationships that comprise a “network of networks.”
The Company also is a vertically-integrated producer of the finest coffees for the commercial, retail and direct sales channels. The Company was formed after the merger of Youngevity Essential Life Sciences (www.Youngevity.com) and Javalution Coffee Company in the summer of 2011, and changed its name to Youngevity International Inc. from AL International, Inc. in July 2013.