QualityStocksNewsBreaks – ChineseInvestors.com, Inc. (CIIX) Announces Operational and Financial Summary for First Quarter of FY2019
ChineseInvestors.com, Inc. (OTCQB: CIIX), developer of a proprietary financial news media and content platform providing information to the global Chinese-speaking community, this morning released an operational and financial summary for the first quarter of fiscal 2019. Highlights of the company’s report for 1Q2019 include year-over-year increases of 70 percent to total revenue and 800 percent to product sales, respectively. In addition, CIIX’s cash and cash equivalents reflected a more than 100 percent quarter-over-quarter increase from $1.4 million to $3.0 million. Discussing the company in the news release, CEO Warren Wang stated, “CBD hemp sales in China continue to be the…