Investorideas.com

Investorideas.com
Breaking News

Investorideas.com newswire

Wednesday, June 21, 2017

Reign Sapphire (OTCQB: $RGNP) Achieves 20% Increase in Gross Margin from Operational Efficiencies

Reign Sapphire (OTCQB: $RGNP) Achieves 20% Increase in Gross Margin from Operational Efficiencies



BEVERLY HILLS, CA - June 21, 2017 (Investorideas.com Newswire) Reign Sapphire Corp., (OTCQB: RGNP) ("Reign" or the "Company"), a direct-to-consumer, branded and custom jewelry company wanted to highlight some important achievements subsequent to its recently filed annual report and provide guidance on 2017 and 2018 revenue.

While the Company has resolved the supply chain issues and delivery delays that resulted in a decline in year over year (YoY) annual revenue from roughly $3 million to $2 million, profitability has improved in Q1 of 2017 YoY almost 20% from 51.8% to 71.5%.


About Reign Corporation:
Reign Sapphire Corporation (RGNP) is a Beverly Hills-based, D2C branded and custom jewelry company with 3 niche brands: Reign Sapphire: ethically produced, millennial targeted sapphire jewelry, Coordinates Collection: custom jewelry, inscribed with location coordinates commemorating life's special moments, and Le Bloc jewelry: classic customized jewelry. http://www.reignsc.com.

Reign Sapphire Corporation (OTCQB: RGNP) is a Featured luxury brand company on Investorideas.com - Visit Profile page at


Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info: 
http://www.investorideas.com/About/Disclaimer.asp, Disclosure : RGNP is a paid news publishing, social media and PR client on Investorideas.com / renewal March 22, 2017 one thousand per month and equivalent of $2000 per month in restricted shares.

Additional info regarding BC Residents and global Investors: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.







Post a Comment