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| 8-K - CURRENT REPORT - Youngevity International, Inc. | ygyi8k.htm |
Exhibit
99.1
Youngevity International, Inc. Announces Declaration of Monthly
Dividend for 3rd Quarter 2020 for Series "D" Cumulative Redeemable
Perpetual Preferred Stock
SAN
DIEGO, Calif. ---July 20, 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 July, August and September 2020. The dividend will be
payable on August 17, September 15, and October 15, 2020 to
holders of record as of July 31, August 31 and September 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 file our Quarterly Report on Form 10-Q for
the period ended March 31, 2020 and Annual Report on Form 10-K for
the year ended December 31, 2019 as soon as possible to
regain compliance
with the NASDAQ requirements and thereafter 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
investors@ygyi.com