DSS, Inc. Common Stock (DSS)

By David Willey, Benzinga

By David Willey, Benzinga

By David Willey, Benzinga

Sharing Services Global Corporation (OTCQB: SHRG) and DSS Inc. (NYSE American: DSS) recently announced the distribution date for the common stock of Sharing Services that is beneficially held by DSS directly and through its subsidiary, Decentralized Sharing Systems Inc. (“DSSI”). According to the announcement, each share of DSS common stock outstanding as of 5 p.m. ET held on April 28, 2023, entitled the holder to receive two SHRG common stock shares distributed on May 4, 2023. As a result, DSS and DSSI hold an approximate 7% ownership interest in Sharing Services Global Corporation.

Sharing Services Global (OTCQB: SHRG) and DSS Inc. (NYSE American: DSS) have announced the distribution date for the common stock of Sharing Services Global Corporation that is beneficially held by DSS directly and through its subsidiary, Decentralized Sharing Systems Inc. (“DSSI”). According to the announcement, each share of DSS common stock outstanding as of 5 p.m. ET held on April 28, 2023, will entitle the holder to receive two SHRG common stock shares to be distributed on May 4, 2023. DSS is a multinational company operating nine business divisions through strategic acquisitions and development to build shareholder value through periodic spinoffs. Sharing Services is a diversified direct-marketing company. When the distribution is complete, DSS and DSSI will have an approximate 7% ownership interest in Sharing Services Global Corporation.

Sharing Services Global (OTCQB: SHRG) and DSS Inc. (NYSE American: DSS) have announced plans to distribute to stockholders SHRG common stock that is beneficially held by DSS. The distribution will be done through DSS subsidiary, Decentralized Sharing Systems Inc. (“DSSI”). Sharing Services is a diversified direct marketing company that is in the process of uplisting to NASDAQ; DSS is a multinational company operating nine business divisions through strategic acquisitions and development to build shareholder value through periodic spinoffs. A major shareholder in Sharing Services, DSS is identifying opportunities that will support long-term growth for SHRG as well as provide long-term benefit to its shareholders. According to the announcement, DSS plans to distribute approximately 280 million shares, valued at more than $5 million at the current market value, in a distribution to holders of DSS common stock. “We look forward to having DSS shareholders as part of our shareholder base through the direct distribution of SHRG shares,” said Sharing Services Global CEO John “JT” Thatch in the press release. “We also are excited to grow the relationship with DSS and see great potential with them as we expand our distribution network and global footprint to create additional revenue and growth.”

By Ernest Dela Aglanu, Benzinga

By Ernest Dela Aglanu, Benzinga

By Ernest Dela Aglanu, Benzinga

Sharing Services Global Corporation (OTCQB: SHRG), formerly Sharing Services Inc., was featured as a promising opportunity in the direct selling space in a letter to shareholders issued today by DSS Inc. (NYSE American: DSS) . “One of our more exciting developments of the past year was in our direct selling segment, a $170 billion industry with high margins and net profits exploding with the shift to in-home shopping (catalyzed by the ongoing COVID-19 pandemic) and the evolution of the gig economy,” the letter issued by DSS CEO Frank D. Heuszel reads. In it, he further expands on the company’s December 2021 investment in Sharing Services Global, stating, “we gained controlling interest with nearly 60% ownership. The SHRG platform leverages the capabilities and expertise of various companies that market and sell products direct to the consumer and generated nearly $45 million in revenue in the twelve months ended September 30, 2021… With SHRG now officially part of the DSS family, we believe we are in a great position to accelerate its customer acquisition, new product development, and portfolio of offerings as we capitalize on a wealth of growth opportunities and potential synergies in this exciting, multibillion-dollar industry.”

ROCHESTER, NY / ACCESSWIRE / August 2, 2021 / Document Security Systems, Inc. ("DSS" or the "Company") (NYSE American:DSS), a multinational company operating business segments in blockchain security, direct marketing, healthcare, consumer packaging, real estate, renewable energy, and securitized digital assets, announced today that its subsidiary, DSS Biomedical International, Inc. ("DSS Biomedical"), completed a $1 million equity investment in

NEW YORK, NY / ACCESSWIRE / June 17, 2021 / Aegis Capital Corp. acted as Sole Bookrunner on a $50 Million Public Offering of Common Stock Including Exercise of the Over-Allotment for Document Security Systems, Inc. (NYSE American:DSS). About Document Security Systems, Inc. DSS is a multinational company operating businesses focused on brand protection technology, blockchain security, direct marketing, healthcare, consumer packaging, real