Youngevity Subsidiary, CLR Roasters Adds Javalution® Hemp Coffee to Amazon Platform

Javalution Joins Café La Rica and Josie’s Java House, Available for Immediate Shipping

Miami, April 28, 2020 PRNewswire/ — Youngevity International, Inc. (Nasdaq: YGYI), a multi-channel lifestyle company operating in three distinct business segments, including commercial coffee and commercial hemp enterprises announced today that its hemp derived coffee brand; Javalution is now available for immediate shipping at Amazon.com. The complete line of hemp coffee is available in four flavors including: House Blend, Donut Shop Blend, French Vanilla, and Dark Roastst.

Read Full Press Release. 

Youngevity International, Inc (Nasdaq:YGYI) Completes Joint Venture in Nicaragua for Large Scale Processing Facility and 2200 Acres of Hemp Grow

$30,000,000 Project includes Grow, Extraction, and Winterization Process 

 

San Diego, CA — April 21, 2020 – Youngevity International, Inc. (Nasdaq: YGYI), today announced that its wholly-owned subsidiaries, CLR Roasters LLC and Khrysos Industries, Inc. (the “U.S. Partners”), have solidified an agreement with H&H Coffee Group Export Corp and The Nica Hemp Cooperative, Inc (the “Nicaragua Partners”) to acquire the 2,200 acre Chaguitillo Farms in Sebaco-Matagalpa, Nicaragua. Plans provide for all electricity and a 15,000 AMP electrical service to be delivered to the property, along with 45,000 square feet of buildings to be erected for extraction drying and storage, and for greenhouse space. With H&H contributing the 2,200 acre farm with an estimated value of $10 million, and the Nica Hemp Cooperative providing an estimated $20 million dollars in capital funding for construction, the total cost for the land and related improvements is approximately $30,000,000 dollars. The U.S. Partners will initially contribute $3,000,000 of extraction equipment along with valuable expertise in the hemp business. In addition, and subject to Nasdaq approval, the U.S. Partners also intend to issue 1.5 million shares of YGYI common stock to the Nica Hemp Cooperative, in exchange for a 50 percent stake in the land and the improvements (with an estimated value of $30,000,000 at completion). The U.S. Partners will also issue 5 million warrants with a strike price of $1.50 per share to the Nica Hemp Cooperative, and will receive a 75% controlling stake in the hemp grow and oil extraction business. The warrants will be issued when the project is completed and operations commence.

Read the Full Press Release. 

 

“Briskie Business” to Premier on ENTV USA

Dave Briskie, President and CFO of Youngevity (Nasdaq:YGYI) to Host Weekly Program

Miami, FL April 17, 2020 – Youngevity International, Inc. (NASDAQ: YGYI), a leading multi-channel lifestyle company operating in three distinct business segments, including a commercial coffee enterprise and commercial hemp enterprise, today announced that Mr. Dave Briskie, its President and CFO, will host an hour long show called “Briskie Business” on the ENTV Digital Platform. The weekly show premiers Wednesday, April 22 and you can  click here to view its promotional video.

Read the Full Press Release.

Youngevity International, Inc. Announces Declaration of Monthly Dividend for 2nd Quarter 2020 for Series “D” Cumulative Redeemable Perpetual Preferred Stock

SAN DIEGO, Calif. —April 14, 2020 – Youngevity International, Inc. (NASDAQ: YGYI), a leading multi-channel lifestyle company, today announced the declaration of its regular monthly dividend of 9.75% Series D Cumulative Redeemable Perpetual Preferred Stock (NASDAQ:YGYIP) at $0.203125 per share for April, May, and June of 2020. The dividend will be payable in cash on May 15, June 15, and July 15, 2020 to holders of record as of April 30, May 31, and June 30, 2020.

Read the Full Press Release. 

Youngevity Subsidiary CLR Roasters Extends Supply Agreement with Save Mart Into 2022.

Javalution Hemp Coffee Helps Drive 54% First Quarter Revenue Increase to Save Mart Supermarkets

Miami, April 13, 2020 PRNewswire/ — Youngevity International, Inc. (Nasdaq: YGYI), a multi-channel lifestyle company operating in three distinct business segments, including commercial coffee and commercial hemp enterprises, announced it has extended its coffee supply contract with Save Mart Supermarkets through January of 2022. The agreement includes Save Mart’s private label brands and CLR Roaster’s company owned Javalution Hemp Coffee Brand.

Read the Full Press Release. 

Khrysos Industries, Inc., a Wholly Owned Subsidiary of Youngevity International, Inc. (NASDAQ: YGYI) Secures Rights to Produce Hand Sanitizer from FDA.

FDA/CDC Approved Formula Begins Shipping this Week

Khrysos Industries, Inc., a wholly owned subsidiary of Youngevity International, Inc. (NASDAQ: YGYI), a multi-channel lifestyle company operating in three distinct business segments including a commercial coffee enterprise and a commercial hemp enterprise, announced today that it has begun producing hand sanitizer in various sizes including two ounce, four ounce, 8 ounce, and one gallon packaging. Khrysos was granted a license by the FDA to begin producing hand sanitizer in its Orlando, Florida facility.

Read the Full Press Release.

Youngevity Receives Notification from Nasdaq Related to Delayed Annual Report on Form 10-K

 Youngevity International, Inc. (NASDAQ: YGYI), a leading multi-channel lifestyle company operating in three distinct business segments including a commercial coffee enterprise, commercial hemp enterprise and multi-channel lifestyle company, today announced that it received a letter from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) indicating 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 (the “Form 10-K”), Youngevity is not in compliance with the timely filing requirement for continued listing under Nasdaq Listing Rule 5250(c)(1). The notification letter has no immediate effect on the listing or trading of Youngevity’s common stock on the Nasdaq Market.

Read the Full Press Release. 

Youngevity International, Inc. Provides Update on Impact of Coronavirus

SAN DIEGO, Calif. —March 31, 2020 – Youngevity International, Inc. (NASDAQ: YGYI), a leading  multi-channel lifestyle company operating in three distinct business segments including a commercial coffee enterprise,  commercial hemp enterprise and multi-channel lifestyle company, today 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 revenue in all segments, the company has experienced difficulty in meeting its filing deadline for its Annual Report on Form 10-K for the year ended December 31, 2019 and is monitoring the effect that the virus could have on its operations.  The global outbreak has caused displacement of Youngevity’s non-essential personnel in various offices here in the USA and around the world.  This displacement of staff, including substantially all accounting staff, restrictions imposed by various governments, and displacement of our auditors’ staff, among other areas of impact, has slowed down the financial reporting and audit process causing the company to miss the filing date of its 10-K.

Steve Wallach, Chairman and CEO of Youngevity International stated, “We are complying with all government initiatives and recommendations and our company is pro-actively taking the health and safety of our employees very seriously by implementing smart-work initiatives by encouraging, when and where possible, work from home options.  These factors, in spite of a huge effort by the accounting and finance team, has made it impossible to meet our financial reporting deadline.”  He continued, “We feel fortunate that our operations are able to generate revenue in all segments”.

Dave Briskie, President and CFO of Youngevity International stated, “Our team and our auditors are diligently working toward the completion of our 10-K Annual Report and in spite of the challenges expect this to be accomplished in the near future.”

About Youngevity International, Inc.

 Youngevity International, Inc. ( NASDAQ : YGYI ), is a multi-channel lifestyle company operating in 3 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. For investor information, please visit YGYI.com. Be sure to like us on Facebook and follow us on Twitter

 

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, and includes statements regarding completion of our 10-K Annual Report. 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. Important factors that could cause actual results to differ materially from current expectations include, among others, our ability to our ability to develop and grow our commercial coffee and hemp segments, 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 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

[email protected]

 

Media Relations

Trendlogic PR

800.992.6299

[email protected]

Youngevity International, Inc. Announces Declaration of Monthly Dividend for 1st Quarter 2020 for Series “D” Cumulative Redeemable Perpetual Preferred Stock

SAN DIEGO, Jan. 17, 2020 /PRNewswire/ — Youngevity International, Inc. (NASDAQ: YGYI), a leading multi-channel lifestyle company, today announced the declaration of its regular monthly dividend of $0.203125 per share of its 9.75% Series D Cumulative Redeemable Perpetual Preferred Stock (NASDAQ:YGYIP) for each of January, February and March 2020. The dividend will be payable on February 17, March 16 and April 15 2020 to holders of record as of January 31, February 28 and March 31 2020. The dividend will be paid in cash.

Read the Full Press Release.