Youngevity International, Inc Completes Restatement of its Previously Issued Quarterly Financial Statements for 2019; Audit Work Has Begun on 2020 Financial Results
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Youngevity International, Inc Completes Restatement of its Previously Issued Quarterly Financial Statements for 2019; Audit Work Has Begun on 2020 Financial Results
prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
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SAN DIEGO, Jan. 14, 2021 /PRNewswire/
Youngevity International, Inc. (OTCMKTS: YGYI) ( YGYI or the Company ), 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 an open letter to shareholders.
Dear Shareholders,
First, the management team at YGYI would like to extend well wishes for a happy, healthy, and prosperous 2021. We entered 2020 with a great deal of optimism and we were confident that we had the Company well positioned for a solid year. Although COVID-19 has negatively impacted so many of us, our Company included, meeting our financial reporting requirements became a challenge we were unable to overcome in 2020. On November 19, 2020, as you know, we issued a press release announcing the delisting of YGYI s securities from The Nasdaq Stock Market LLC ( Nasdaq ). The delisting was based upon