ChineseInvestors.com, focused on providing real-time market commentary, analysis, and educational related services in Chinese language character sets, reports that it anticipates generating increases in revenues and profitability as it enters its second quarter of fiscal year 2014.
“We continue to see solid growth in our subscription sales activities as well as many new clients entering into service provider agreements,” chairman and CEO Warren Wang stated in the news release.
As of November 22, ChineseInvestors.com had an active service provider client list comprised of one OTCPNK, five OTCQB, and five NYSE/NASDAQ companies, several of which have signed long-term service agreements. The company is working to ensure the efficient delivery of these clients’ corporate messaging, strategics, and general financial progress to a “highly ‘market engaged’” Chinese subscriber-base in North America.
ChineseInvestors.com Chief Operating Officer Brett Roper explained that the company anticipates sales and earnings growth based on its current initiatives and growing service offerings.
“We continue to work in providing various levels of support for ‘private to public’ company initiatives as well as general up listing support for OTCBB companies with aspirations to move up to the higher exchanges,” Roper said. “At this time we are projecting profits in the $200,000 range on revenues in the $700,000 range as related to our second quarter FY 2014 performance, which would result in two consecutive profitable quarters, both exhibiting substantial successive revenue growth. With the service agreements currently in place as well as the continued growth in our subscription service offerings and other service offerings, we are very optimistic about our annual performance numbers.”
For more information, visit www.chinesefn.com
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