SHARING SERVICES, INC. (OTCMKTS:SHRV) Files An 8-K Material Modification to Rights of Security Holders

ITEM 3.03 MATERIAL MODIFICATION TO RIGHTS OF SECURITY HOLDERS.

Please see the disclosures set forth under Item 5.03
herein below.

ITEM 5.03 AMENDMENTS TO ARTICLES OF INCORPORATION OR
BYLAWS; CHANGES IN FISCAL YEAR.

On April 24, 2017, Sharing Services, Inc., (the Company) filed
with the Nevada Secretary of State Amended and Restated Articles
of Incorporation (the Amended Articles), which became effective
upon the filing date. In summary, the Amended Articles (i)
increase the number of authorized shares from 200,000,000 shares
to 710,000,000 shares, consisting of 500,000,000 shares of Common
Stock (Class A), 10,000,000 shares of Class B Common Stock and
200,000,000 shares of Preferred Stock; (ii) entitle the shares of
Class B Common Stock the right to elect a majority of the Board
of Directors, with the Common Stock (Class A) electing the
remainder of the Directors; (iii) fix staggered terms for the
Board of Directors; and (iv) entitle the original holders of
Series B Preferred Stock with the requirement that holders of 86%
of the voting power of Series B Preferred Stock must approve
certain actions of the Board of Directors. The Amended Articles
were adopted by a majority vote of the shareholders of the
Company and its Board of Directors. The foregoing description of
the Amended Articles is a summary only and is qualified in its
entirety by the full text of the Amended Articles, which is filed
as Exhibit 3.1 hereto and incorporated herein by reference.

On April 25, 2017, the Board of Directors of the Company adopted
new bylaws of the Company. A copy of the new bylaws is attached
hereto as Exhibit 3.2.

ITEM 5.07 SUBMISSION OF MATTERS TO A VOTE OF SECURITY
HOLDERS.

On April 18, 2017, by written consent of the holder of 56.3% of
the shares of the Companys Common Stock entitled to vote, the
Amended Articles were approved, ratified, and adopted by the
Companys shareholders.

ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS.

(a)

Financial statements of business acquired. Not applicable.

(b)

Pro forma financial information. Not applicable.

(c)

Shell company transactions. Not Applicable.

(d)

Exhibits.

About SHARING SERVICES, INC. (OTCMKTS:SHRV)

Sharing Services Inc, located in Khon Kaen, Thailand, is focused to market and sell the company’s taxi sharing service via a developed website. The company was incorporated on April 24, 2015.