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 retention of
Boustead Securities, LLC. Boustead will serve as underwriter for the planned
Initial Public Offering (“IPO”) of CIIX’s wholly owned foreign enterprise, CBD
Biotech Co. Ltd., concurrently with a listing on a national securities
exchange. “This is part of a series of actions we have put into place to execute
on our strategic plan to spin-out CBD Biotech,” Chinese Investors.com Founder,
CEO and Chairman Warren Wang stated in the news release. “Additionally, we
believe that listing on a national exchange speaks to the quality of CBD
Biotech, will provide us with market visibility and access to capital, and
further support our growth strategy. We look forward to working with Boustead
Securities as IPO sponsor and underwriter.”
To view the full press release, visit http://ibn.fm/lcOTO
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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