(NEW YORK)–ChineseInvestors.com, Inc. (OTCQB: CIIX), an established financial news and investment portal for the global Chinese-speaking community, takes an equity stake in broker dealer, which could open door for company to offer investment banking services in the future.
According to ‘FINRA Broker Check’ CIIX is now part owner of Donald Capital, LLC, which is a newly formed brokerage firm located in New York City. https://brokercheck.finra.org/firm/summary/297763
This new equity stake could open the door for CIIX to offer investment banking services to a number of companies, and really add to their business model towards one of a venture financing firm.
Q3 Fiscal Year 2019 Financial Highlights
– Total revenue for Q3FY2019 was $1,444,822, an 81% increase from $796,304 for the same quarter in the prior year
– Hemp and CBD sales revenues for Q3FY2019 were $1,061,318, a 579% increase from $183,185 for the same quarter in the prior year
– Subscription revenues were $229,220, a 6% increase from $214,506 for the same quarter in the prior year
– During the quarter, Chineseinvestors.com announced the rebranding of its consumer product line, now the opt brand, and the consolidation of its e-commerce sites to provide a one-stop shopping experience at www.365CWC.com
– In January of 2019, the Company officially launched its first self-branded rice wine alcohol product, Hemp Wine
Founded in 1999, ChineseInvestors.com endeavors to be an innovative company providing (a) real-time market commentary, analysis, and educationally related services in Chinese language character sets (traditional and simplified); (b) advertising and public-relations-related support services; and (c) retail, online, and direct sales of hemp-based products and other health-related products. For more information visit www.ChineseInvestors.com
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