- 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://cnw.fm/WwI8W).
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://cnw.fm/zcK1u). 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://cnw.fm/CIIX
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