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| CIIX Posts Impressive Results with Huge Jump in Q1 Revenue |
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 Hot Stock to Watch |
Company: Chineseinvestors.com, Inc. (OTCQB: CIIX)
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Last:
Price: 0.18
Change (%): - 0.03 (14.29)
Volume: 115,760 |
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ChineseInvestors.com, Inc. Announces Record Revenues for Q1 Fiscal Year 2020
Company Reports 174% Year-Over-Year Increase Driven by Continued Growth of the Company’s Core Business Lines and its Industrial Hemp/CBD Consumer Product Lines
SAN GABRIEL, California, Oct. 17, 2019 /PRNewswire/ - ChineseInvestors.com, Inc. (OTCQB: CIIX) (“CIIX” or “the Company”), an established financial news and investment portal as well as a leading industrial hemp retailer for the Chinese-speaking community, today announced its financial and operational summary for the First Quarter of its Fiscal Year 2020.
“Fiscal Year 2020 is off to a great start evidenced by continued growth in both the Company’s core business and its industrial hemp/CBD product business. Following the 2018 cryptocurrency crash, the Company re-focused on its core business, including providing investor relations services for other companies, especially those requiring Mandarin language support, and continued to implement its strategic plans for expansion of CBD Biotechnology Co. Ltd.’s, industrial hemp/CBD product lines in China evidenced by new product launches and initiatives taken to expand geographically in the Asian market,” said Mr. Warren Wang , CEO of ChineseInvestors.com, Inc.
The net loss from operations for Q1FY2020 was $2,645,717.
The Company’s complete financial and operational results for its first quarter ended August 31, 2020, are provided in its Form 10Q for Q1 FY2020, filed with the SEC on October 15, 2019, available online at http://www.ChineseInvestors.com.
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