Elepreneurs

Is it legit?

What is documented from credible/primary-style sources:

• The parent, Sharing Services Global Corporation (SHRG), is a real, publicly reporting company that files with the SEC [web]. SEC filings note the business's financial history, including reported operating losses in its earlier years [web].
• There was significant litigation and a governance dispute involving founder Robert Oblon. Sharing Services / Elepreneurs / Elevacity and Oblon were parties to civil litigation in Texas; a settlement agreement was dated July 26, 2019, and the company announced a global settlement of disputes with Oblon, Jordan Brock and Alchemist Holdings in March 2020 [web]. In a February 2020 memo to affiliates the company accused Oblon of "gross financial misconduct" and removed him from leadership [web].
• In December 2020, purported investors in a related entity (Four Oceans Global) filed suit against the company and affiliated parties in the U.S. District Court for the Eastern District of Texas over a 2015 investment [web].
• The business has contracted sharply. A direct-selling trade profile describes annual revenue falling steeply in recent years and marks the company "(Out of Direct Selling)" [web]. The specific annual revenue figures are not publicly documented in primary or official sources — they come from an MLM-industry trade profile rather than an audited financial or regulator — so no dollar amounts are relayed here. BehindMLM's March 2026 update states the operation had "collapsed" with promoters reporting non-payment — an attributed report to verify, not a regulatory finding [web].

What this draft could NOT confirm and did not include: No verified U.S. FTC or SEC enforcement action, injunction, or pyramid-scheme finding against Elepreneurs/Elevacity was located; a search-summary claim of a 2018 FTC injunction and a TINA.org income-claims count could NOT be corroborated (TINA.org showed no Elevacity article) and is therefore excluded. Reviewer criticisms about recruitment emphasis and "pay-to-play" autoship are allegations/opinions from MLM-review sources, not adjudicated findings. A human must confirm current legal/operating status.

Overview

Elepreneurs is no longer an active, joinable opportunity. A direct-selling trade profile marks the business as "(Out of Direct Selling)," and a March 2026 BehindMLM update reported the operation had collapsed with promoters reporting non-payment [web]. What follows is a historical record.

Elepreneurs was the network-marketing (MLM) sales arm of a wellness-products business built around "nootropic"-infused coffee and supplements, most famously marketed as "Happy Coffee." The retail brand was Elevacity; Elepreneurs was the affiliate/business-opportunity side of the same operation [web]. Both were owned by Texas-based Sharing Services Global Corporation (formerly Sharing Services, Inc.), a publicly reporting company that files with the U.S. Securities and Exchange Commission (OTC ticker SHRG; earlier SHRV) [web].

The retail brand Elevacity launched in the mid-2010s, and the Elepreneurs affiliate opportunity was launched in 2017 by founder Robert Oblon [web]. (Sources differ on Elevacity's exact founding year — BehindMLM references ~2014, while some trade profiles cite 2016 — so the precise start date should be verified.) In 2021 the business rebranded again as The Happy Co. [web].

Products have centered on "Elevate" coffees marketed as mood/energy "smart coffee," plus supplements (e.g., a product marketed as "D.O.S.E"), topical patches, teas, and skincare items [web]. This profile treats "Elepreneurs / Elevacity / The Happy Co." as one evolving entity.

Cost to join

Historical record — Elepreneurs is not currently a joinable opportunity; the description below is how enrollment was structured while it operated.

Multiple third-party reviews described a basic annual affiliate membership fee, optional higher-cost enrollment/product packs, and a recommended or qualification-linked monthly autoship. The specific dollar amounts — for the membership fee, the autoship minimum, and the enrollment packs — are not publicly documented in primary or official sources; they appeared only on MLM-review sites and affiliate pages, which this draft could not independently confirm. What was consistently reported was the structure: a low annual membership fee, optional product packs at enrollment, and an ongoing autoship tied to commission qualification [web].