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ChineseInvestors.com, Inc. Announces for Fiscal Year 2019 First Quarter Financial ResultsSAN GABRIEL, California, October 18, 2018 /PRNewswire/ -- ChineseInvestors.com, Inc. (OTCQB: CIIX) ("CIIX" or "the Company"), the premier financial information website for Chinese-speaking investors, today announced its operational and financial summary for its First Quarter Fiscal Year 2019. First Quarter Fiscal 2019 Financial Highlights "CBD hemp sales in China continue to be the foundation of our focus," says Mr. Warren Wang, Chief Executive Officer for ChineseInvestors.com. "Our subscription services will continue to provide a steady revenue stream along with the new educational services covering the cryptocurrency market." During the quarter, cash and cash equivalents for the Company doubled from $1.4M to $3M, and total current assets have increased in one quarter from $3.2M to $5.5M. As of Aug. 31 there were 33,576,560 outstanding shares of common stock, with a closing market value as of October 17, 2018 of $0.90 per share. As the Chinese business, regulatory and political landscapes continue to evolve with regard to the industrial hemp CBD industry, Wang anticipates further positive developments for the rest of Fiscal Year 2019. p>"With increased marketing resources devoted to our industrial hemp-based CBD products, we anticipate a productive Fiscal Year 2019," says Wang. "We look forward to increased product distribution both domestically and in the China markets."The results of the Company's operations through August 31, 2018 are set forth completely in the Company's Form 10-Q quarterly report as filed with the SEC on October 15, 2018 and can be accessed at ChineseInvestors.com. About ChineseInvestors.com (OTCQB: CIIX) Subscribe and watch our video commentaries: https://www.youtube.com/user/Chinesefncom Follow us on Twitter for real-time Company updates: https://twitter.com/ChineseFNEnglsh Like us on Facebook to receive live feeds: https://www.facebook.com/Chinesefncom; https://www.facebook.com/Chineseinvestors.com.english Add us on WeChat: Chinesefn or download iPhone iOS App: Chinesefn Forward-Looking Statements Contact: Investor Relations: Corporate Communications: SOURCE ChineseInvestors.com, Inc. |