- In
MoneyTV interview, CEO Warren Wang notes company’s focus on increasing
core investor relations and public relations businesses
- Investor
relations, public relations segment a significant revenue driver for CIIX
- CIIX
10-K SEC filing reports revenue surge for the three months ended August 31
ChineseInvestors.com
Inc. (OTCQB: CIIX), a provider of financial information and services to a
global Chinese speaking community, has made a concerted effort to expand its core
investor relations (IR) and public relations (PR) service offerings while also
constructing a presence in the expanding CBD industry. CEO Warren Wang told
MoneyTV host Donald Baillargeon that the company’s core business of investor
relations and public relations has attracted more than 100 clients over the
past six years. Additionally, in a separate filing, CIIX noted its focus on
attracting new IR clients, receiving more cash compensation, and decreasing
equity compensation (http://ibn.fm/gKVpA).
That investor relations and public relations segment was a
key driver of CIIX’s revenue for the period of three months ended August, when
it generated $821,361, a 202.8 percent jump in sales compared to the $271,248
for the same period in 2018, the company reported in its 10-K SEC filing.
Wang discussed the importance of this core business as it
offers clients multi-channel exposure to the market, including roadshows, email
campaigns, social media efforts, and TV shows in conjunction with Phoenix TV.
In the MoneyTV segment, Wang also described the future
benefits of its educational programs. He noted that CIIX utilizes four
professors to teach an audience of new investors how to trade in the stock
market. The result, he said, is that CIIX is able to compile a valuable
database of future clients, and customers appreciate the interactive
methodology of the class.
The SEC report also highlighted the company’s focus on
achieving more cash compensation for its IR efforts, noting that the company
“is attempting to decrease the amount of equity compensation for services
performed, preferring to enter into more cash compensation arrangements.” In
its 10-K annual report for its fiscal year ended May 31, 2019, CIIX reported an
IR/PR increase for the year to $1,323,506, up 36.6 percent from $968,282: this
signifies an increase of $355,224. To continue growing this segment, the
company said it was also focused on obtaining new IR clients.
Aside from its emphasis on investor relations, CIIX has also
positioned itself to take advantage of the burgeoning CBD industry. Its wholly
owned subsidiary CBD Biotech Inc. has expanded into six new countries and a new
region of China (http://ibn.fm/G3zYk).
This expansion represents seven new strong Asian markets. While CIIX is still
focused on its original mission of providing financial information in the
Chinese language character sets, its subsidiary is establishing a presence in
the emerging global CBD market.
These endeavors give positive indications for CIIX’s
continued growth. In a Redchip Money Report interview with host Dave Gentry,
Wang projected CIIX’s sales to reach $11-12 million in FY2020, the 12 months
ending in May 2020.
CIIX is a diverse company which offers its audience of
Chinese-speaking investors real time market commentary, analysis, and
educational-related services in Chinese character language sets.
For more information, visit the company’s website at www.ChineseInvestors.com
NOTE TO INVESTORS: The latest news and updates
relating to CIIX are available in the company’s newsroom at http://ibn.fm/CIIX
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