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8-K - CURRENT REPORT - Youngevity International, Inc. | ygyi8k_apr142020.htm |
Exhibit 99.1
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 $0.203125 per share of its 9.75%
Series D Cumulative Redeemable Perpetual Preferred Stock
(NASDAQ:YGYIP) for each of April, May and June 2020. The
dividend will be payable on May 15, June 15, and July 15, 2020
to holders of record as of April 30, May 31 and June 30, 2020.
The dividend will be paid in cash.
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. 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 continue our coffee segment
and hemp segment growth, our ability to continue our international
growth, our ability to leverage our platform and global
infrastructure to drive organic growth, our ability to improve our
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 continue our financial performance 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
investors@ygyi.com