- Investor Relations operations revenues jumped 186% in 1Q2018, driven by expanded program offerings, such as CIIX’s multi-media and presentations in roadshows customized to help clients build their brands
- CIIX also receives new revenue from consumer product sales of its hemp-based line generated by a company subsidiary formed in early 2017
- Company had 76% YOY boost in operating sales in fiscal 2017; sets FY2018 goal of greater than 100% increase in sales, lower costs, and profitability
ChineseInvestors.com, Inc. (OTCQB: CIIX) is driving revenue growth from its Investor Relations Division, realizing a 186% jump in sales for 1QFY2018. The first quarter revenue in FY2018 in this segment was $258,366 compared to sales of $90,312 in the first quarter of FY2017. To generate growth in FY2018, CIIX developed new products, such as multi-media and road show presentations for both brand- and company reputation- building, its 10K SEC filing reports (http://nnw.fm/Nx2M8). In FY 2017, sales of Investor Relations had been second to those of Subscriptions.
That October 2017 10K filing also showed that Investor Relations was the single largest generator of corporate three-month revenues, contributing 62% of CIIX’s total sales. CIIX also detailed its new revenue stream from its subsidiary’s revenues from consumer product sales of hemp -based products.
CIIX has set the table for its FY2018 goals: YOY sales increases of more than 100%, profit and reduced costs. Warren Wang, CIIX CEO, has expanded the company’s board by three persons with vast business experience and also re-installed Paul Dickman as CFO. He originally served in that position from July 2010 through October 2016.
By strengthening the business and management bench at CIIX, Wang is committed to growing the diversified company to reach its ultimate goal: becoming the primary medical cannabis publicly-traded company serving the global Chinese speaking community.
To that end, CIIX offers this community a variety of services. This includes a retail store based in China for its hemp-oil based cannabidiol (CBD) products, a subsidiary that sells its hemp-infused skin care products plus an offering of a wide range of educational, consulting and media services. CIIX produces a daily newscast on cryptocurrency emanating from the NYSE in a video broadcast titled, “Bitcoin Multimillionaire,” in partnership with Wall Street Multimedia, Inc. (WSM).
For more information, visit the company’s website at www.ChineseInvestors.com.
More from NetworkNewsWire
NetworkNewsWire (NNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) NetworkNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
For more information please visit https://www.NetworkNewsWire.com