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 financial and
operational summary for the second quarter of fiscal year 2019. According to
the update, revenues of $648,265 for the period were driven by stronger
subscription and hemp/CBD sales revenues. The hemp and CBD sales segment
achieved an increase of eight times the amount of the previous year while
subscription revenues saw a year-over-year increase of over 40 percent. “We are
beginning to see the positive results of investments made into existing markets
as well as new markets,” CIIX CEO Warren Wang commented in the news release.
“We believe our investors will benefit from the growth drivers that we have
worked diligently to implement, including the recent launch of CBD
Biotechnology Co. Ltd.’s Hemp Wine. As we leverage the momentum already in
place, we look forward to having an even stronger second half for FY 2019.”
To view the full press release, visit http://ibn.fm/zALtp
About ChineseInvestors.com
Founded in 1999, ChineseInvestors.com endeavors to be an
innovative company providing: (a) real-time market commentary, analysis, and
educational related services in Chinese language character sets (traditional
and simplified); (b) advertising and public relation related support services;
and (c) retail, online and direct sales of hemp-based products and other health
related products. For more information, visit the company’s website at www.ChineseInvestors.com.
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