Youngevity Acquires of Khrysos Global

Youngevity International, Inc.: announced that on August 12, 2020, it received an additional notification letter from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) stating that the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1) because its Quarterly Report on Form 10-Q for the quarter ended June 30, 2020, has…

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Youngevity International announced it received an additional letter from The Nasdaq Stock Market indicating it is not in compliance with Nasdaq Listing Rule 5250(c) (1). The letter from the Listing Qualifications Department indicated that Youngevity is not in compliance  because its Quarterly Report on Form 10-Q for the quarter ended March 31, 2020 and Annual Report on…

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Youngevity International, Inc.announced that its wholly owned subsidiaries have entered into an agreement to acquire Chaguitillo Farms in Nicaragua. The subsidiaries, CLR Roasters LLC and Khrysos Industries, Inc., entered into an agreement with H&H Coffee Group Export Corp and The Nica Hemp Cooperative, Inc to acquire the 2,200-acre farm located in Sebaco-Matagalpa. Plans provide for…

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Youngevity International, Inc. (NASDAQ: YGYI), announced that it received a letter from the Listing Qualifications Department of The Nasdaq Stock Market. The letter indicated that, as a result of Youngevity’s delay in filing its Annual Report on Form 10-K for the fiscal year ended December 31, 2019, Youngevity is not in compliance with the timely filing requirement for…

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Acquisition of BeneYOU

Youngevity International, Inc. recently provided an update on the impact of the COVID-19 virus on its operations. All three reporting segments of the company have been able to continue operations as each segment falls in the category of an essential business. Although, relative to other businesses effected by COVID-19, the company is able and continues to generate…

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Youngevity Acquires of Khrysos Global

Youngevity International, Inc. announced changes to its Board of Directors. The company stated that effective February 11, 2020, in order to maintain compliance with the corporate governance requirements of The Nasdaq Capital Market, and specifically Listing Rule 5605(b) which provides that a listed company’s board of directors shall be comprised of a majority of independent directors, Michelle…

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Youngevity Q2 2019 financial

Youngevity International, Inc. (NASDAQ: YGYI) announced revenue for Q2 2019 were $53.7 million, a 21.2 percent increase over $44.3 million in 2018. Approximately 60 percent of the company’s revenue was derived from its direct selling segment and approximately 40 percent from its commercial coffee segment. Direct selling segment revenues decreased 12.8 percent to $32.1 million in the…

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Direct Seller Independence Act

The U.S. Direct Selling Association (DSA) recently announced elected officers and directors to the association’s Board of Directors.   Officers and directors of the association are recognized leaders who have earned the respect of their colleagues and the public and are committed to lead and direct the affairs of the association. The board officers will each serve one-year…

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Khrysos

Khrysos Industries, Inc. a wholly owned subsidiary of Youngevity International (YGYI), recently announced a five-year supply contract with Magu Maiden Farms, LLC. The contract is to provide extraction services and end-to-end processing to produce isolate, water soluble isolate, distillate and water-soluble distillate hemp derived products. “We are excited to add this new long-term contract to our…

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Youngevity Reports Q1 Record

Youngevity International, Inc. (NASDAQ: YGYI) reported financial results for the fourth quarter and full year ended December 31, 2018. Revenues for the fourth quarter ended December 31, 2018 decreased 12.0 percent to $36,114,000 as compared to $41,041,000 for the fourth quarter ended December 31, 2017. Revenues for the year ended December 31, 2018 decreased 2.0 percent to $162,445,000 as compared to $165,696,000 for the year ended December 31, 2017. “We are…

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