- SeeThruEquity provides research insight into underfollowed smallcap and microcap equities
- CIIX recently announced FY2018 results, with 40.5 percent YoY growth
- Growth potential for CIIX in cryptocurrency offerings
The leading independent equity research firm SeeThruEquity recently announced an update note on ChineseInvestors.com, Inc. (OTCQB: CIIX). Headquartered in Midtown Manhattan in New York City, SeeThruEquity maintains one of the industry’s most extensive databases of opt-in institutional and high net worth investors. The research firm’s core mission is to provide impactful, high quality research on underfollowed smallcap and microcap equities.
CIIX is a relatively undiscovered specialized financial information company dedicated to Chinese-speaking investors worldwide. The company focuses on delivering market analysis and education in the Chinese language. In addition, CIIX capitalizes on the market potential of cannabis-infused health and wellness products and cryptocurrency investments. With the upcoming CBD spinoff set to take place by year-end, the company plans to focus back on its original mission of providing financial information and services to the larger Chinese community in the U.S. and elsewhere.
CIIX reported revenue growth of 40.5 percent over FY2017 for FY2018. The growth is credited to the company’s focus on consumer products and services in the hemp oil, CBD and cryptocurrency markets, as well as an increase in revenue for investor relations and subscription-based investor news products. The company anticipates significant growth in its hemp, CBD and cryptocurrency initiatives in FY2019, with moderate growth overall.
SeeThruEquity noted that CIIX was seeking to raise $3 million in private placement in August 2018. The research firm anticipates that CIIX will continue to seek external capital to cover costs until growth initiatives are able to support free cash flow generation.
CIIX has expanded its offerings to target the fast-growing cryptocurrency market through education and trading subscription services for Chinese-speaking investors. NewCoins168.com and the Daily Cryptocurrency Chinese Video Newscast from the NYSE cover the emerging digital currency market. In 2018, the company also launched Bitcoin Millionaire VIP Livestream and Bitcoin Trading Academy. Currently, there are plans to install a cryptocurrency ATM network and domestic online coin-to-coin exchange.
For more information, visit the company’s website at www.ChineseInvestors.com
More from NetworkNewsWire
NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization 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. 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.
To receive SMS text alerts from NetworkNewsWire, text “STOCKS” to 77948 (U.S. Mobile Phones Only)
For more information, please visit https://www.networknewswire.com