San Diego, CA – March 22, 2021 – Youngevity International, Inc. (OTCMKTS: YGYI), a multi-channel lifestyle company operating in three distinct business segments, including a commercial coffee enterprise, a direct marketing enterprise, and a commercial hemp enterprise, today issued a follow up regarding its open letter to shareholders released on January 19, 2021.
We are continuing to work diligently with our accounting team and independent auditors to complete all the filings we need to become current with our financial reporting and SEC filing requirements. Our primary focus is also to relist on the Nasdaq or another national securities exchange as soon as practical.
We have faced many challenges over the last twelve months, including ever-changing general and travel restrictions related to COVID-19, as well as related internal challenges which have impacted in part our business and caused time-line adjustments for the completion of our 2019 and 2020 audits of our financial statements. We are progressing forward as quickly as possible. With that in mind, we are providing the following progress report.