Youngevity International Inc. YGYI Archives - Page 5 of 11

WednesdaySep 25, 2019 9:40 am

QualityStocksNewsBreaks – Youngevity International Inc. (NASDAQ: YGYI) Closes $8.3M Public Offering; Launches HEMP FX Brand in Japan

Youngevity International (NASDAQ: YGYI), a leading multi-channel lifestyle company operating in three distinct business segments, on Tuesday announced the closing of its underwritten public offering of 333,500 shares of its 9.75% Series D Cumulative Redeemable Perpetual Preferred Stock, including 43,500 shares pursuant to the exercise of the over-allotment option by the underwriters. The shares were sold at a public offering price of $25.00 each, resulting in gross proceeds of $8,337,500, prior to withholding discount, commissions and estimated offering expenses. The Benchmark Company, LLC acted as sole book-running manager of the offering. In addition, YGYI this morning announced the launch of…

MondayAug 26, 2019 11:24 am

QualityStocksNewsBreaks – Youngevity International Inc.’s (NASDAQ: YGYI) Khrysos Industries Leases State- of-the-Art, Florida Based Hemp Processing and Manufacturing Facility

Youngevity International (NASDAQ: YGYI), a leading multi-channel lifestyle company operating in three distinct business segments, through its wholly owned subsidiary, Khrysos Industries, Inc., today announced that it has leased 82,000 square feet in Orlando, Florida to house its facility for post processing hemp derived products and finished goods manufacturing. The state-of-the-art facility features a 46,200 square foot production area and is the former home of Nephron Pharmaceuticals GMP Certified sterile manufacturing operations. "We believe this facility provides us the opportunity to accelerate our post processing and manufacturing capabilities by approximately two years in terms of production output. The amenities and…

MondayAug 19, 2019 12:06 pm

QualityStocksNewsBreaks – Youngevity International Inc.’s (NASDAQ: YGYI) Khrysos Industries Enters Strategic 5-Year Supply Agreement with DJB Industries

Youngevity International (NASDAQ: YGYI), a leading multi-channel lifestyle company operating in three distinct business segments, this morning announced the entry of its wholly owned subsidiary, Khrysos Industries, Inc., into a 5-year supply contract with DJB Industries Inc. to provide extraction services and end-to-end processing to produce isolate, water soluble isolate, distillate, and water-soluble distillate hemp derived products. According to the update, extraction, post processing fulfillment and revenues are anticipated to begin in the first quarter of 2020 with forecasted revenues in excess of $ 170 million through 2025. "Khrysos Industries has recently secured and announced $30 million dollars of post…

WednesdayAug 14, 2019 1:46 pm

QualityStocksNewsBreaks – Youngevity International Inc. (NASDAQ: YGYI) Reports 2019 Q2 and Six Months Results, 21.2% Increase of Second Quarter Revenues

Youngevity International (NASDAQ: YGYI), a leading multi-channel lifestyle company operating in three distinct business segments, this morning reported financial results for the second quarter and six months ended June 30, 2019. Per the update, the company’s revenues for second quarter were $53.7 million compared to $44.3 million in the prior year, reflecting an increase of 21.2 percent. In addition, Youngevity’s gross profit for the second quarter improved to $25.9 million from $25.4 million in the prior year, and net loss improved to ($47,000) in the second quarter from ($614,000) in the prior year. "We are pleased with our quarter over…

MondayAug 12, 2019 12:01 pm

QualityStocksNewsBreaks – Youngevity International Inc.’s (NASDAQ: YGYI) CLR Roasters Awarded Supply Partnership with Hialeah, Florida’s Municipal Services

Youngevity International (NASDAQ: YGYI), a leading multi-channel lifestyle company operating in three distinct business segments, this morning announced that its CLR Roasters was awarded a supply partnership with the city of Hialeah's municipal services. According to the update, the Florida city has a population of almost 240,000 and is serviced by more than 30 local government establishments. The partnership includes all government departments located at the City of Hialeah's Palm Avenue offices, including the Mayor's office and the License and Tax, Finance, HR, and Purchasing Departments. In addition, CLR's branded coffees will be served at the Parks and Recreation Department,…

FridayAug 09, 2019 10:09 am

QualityStocksNewsBreaks – Youngevity International Inc. (NASDAQ: YGYI) Adds Pet Chews to HEMP FX Line, Brand Featured in Forbes Article

Youngevity International (NASDAQ: YGYI), a leading multi-channel lifestyle company operating in three distinct business segments, this morning announced that it is adding Pet Chews to its HEMP FX(TM) line of hemp infused products. Designed for dogs and cats who may benefit from the natural support of phytocannabinoid rich hemp oil, HEMP FX(TM) Pet Chews products offer wholesome plant-based ingredients. Youngevity introduced its HEMP FX(TM) line in August of 2018, and the brand was just featured in a Forbes Article titled "It's National CBD Day: Have Your Tried These Products?" "We are pleased to see our HEMP FX(TM) Line appear in…

TuesdayAug 06, 2019 11:47 am

QualityStocksNewsBreaks – Youngevity International Inc. (NASDAQ: YGYI) to Host Conference Call to Discuss Q2 2019 Financial Results, Provide Corporate Update

Youngevity International (NASDAQ: YGYI), a leading multi-channel lifestyle company operating in three distinct business segments, this morning announced that it will host a conference call at 1:00 PM Eastern Daylight Time on Wednesday, August 14, 2019, to discuss its financial results for the quarter ending June 30, 2019 and provide an update on current business trends. Youngevity International's senior management will host the call, led by Chairman and CEO Steve Wallach and joined by President and CFO Dave Briskie. Interested parties can attend the event by visiting http://ibn.fm/6s36j fifteen minutes prior to the start of the call, or by dialing…

ThursdayAug 01, 2019 11:40 am

QualityStocksNewsBreaks – Youngevity International Inc.’s (NASDAQ: YGYI) CLR Roasters Hires Industry Veteran Omar Peraza

Youngevity International (NASDAQ: YGYI), a leading multi-channel lifestyle company operating in three distinct business segments, this morning announced that its CLR Roasters has hired 35-year industry veteran Omar Peraza to lead the company's food service expansion. According to the update, Peraza holds a global view of all aspects of the coffee industry, and his key areas of expertise include sales, sales management, service operations, institutional and office coffee sales, route sales, fleet management and major contract negotiations. "We are very excited to add Omar Peraza to our team here at CLR Roasters,” Ernesto Aguila, president and founder of CLR Roasters,…

FridayJul 19, 2019 10:07 am

QualityStocksNewsBreaks – Youngevity International Inc.’s (NASDAQ: YGYI) Khrysos Industries Enters $19M CBD Water Soluble Isolate Supply and Processing Agreement

Youngevity International (NASDAQ: YGYI), a leading multi-channel lifestyle company, this morning announced entry of its wholly owned subsidiary, Khrysos Industries, into a one year supply and processing agreement to produce water soluble CBD Isolate, which contains no THC and is expected to generate revenues of $19 million. According to the update, shipping under the agreement is expected to begin in August 2019 and continue through July of 2020. Customary annual renewal clauses are also contained in the one-year agreement. “The commercial hemp industry is becoming aware of the capabilities and uniqueness of Khrysos Industries,” YGYI President and CFO Dave Briskie…

WednesdayJun 26, 2019 9:30 am

QualityStocksNewsBreaks – Youngevity International Inc. (NASDAQ: YGYI) Subsidiary Adds Turnkey Manufacturing Solutions for Hemp-Related Products

Youngevity International Inc. (NASDAQ: YGYI), a leading multi-channel lifestyle company, this morning announced that its wholly owned Khrysos Industries Inc. subsidiary has added turnkey manufacturing solutions to its capabilities in extraction services and end-to-end processing systems. Per the update, Khrysos is now producing tinctures, balms, bath bombs, creams and ointments, in various potencies, as well as hemp-derived products in capsules and tinctures for pets. “We are excited to offer turnkey product solutions to our suite of services. We believe this expands our competitive advantage within our hemp enterprise by covering all facets of product development to our growing list of…

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