CBDNewsBreaks – ChineseInvestors.com, Inc. (CIIX) Engages Boustead Securities, LLC as Sponsor and Underwriter for Planned IPO of CBD Biotech
ChineseInvestors.com (OTCQB: CIIX), developer of a proprietary financial news media and content platform providing information to the global Chinese-speaking community, this morning announced its retention of Boustead Securities, LLC. Boustead will serve as underwriter for the planned Initial Public Offering ("IPO") of CIIX’s wholly owned foreign enterprise, CBD Biotech Co. Ltd., concurrently with a listing on a national securities exchange. “This is part of a series of actions we have put into place to execute on our strategic plan to spin-out CBD Biotech,” Chinese Investors.com Founder, CEO and Chairman Warren Wang stated in the news release. “Additionally, we believe that…