ChineseInvestors.com Inc (OTCMKTS:CIIX) is a new flavor in the MJ stock group that just took flight. The stock has doubled in recent days. The catalyst appears to be the company’s announcement that it will launch the world’s first Cannabidiol (CBD) health products online store in the Chinese Language by the end of January 2017 under the domain name www.ChineseCBDoil.com.
We’ve witnessed more than 160% piled on for shareholders of the company during the trailing week. The situation may be worth watching. CIIX has a track record that includes a number of dramatic bounces. Furthermore, the stock has registered increased average transaction volume recently, with the past month seeing just shy of 590% over the long run average. This is particularly important with the stock trading on a float that is tiny at just 6.6M shares. Traders should not overlook this combination, as with such a tight trading float, this kind of ramping interest can force a supply-shock squeeze.
ChineseInvestors.com Inc (OTCMKTS:CIIX) frames itself as a company that provides Web-based real-time financial information in Chinese language for the Chinese population in the United States and internationally.
The company offers various subscription services, including information about the US-listed companies; real-time analysis and tracking of the US stock market quotations; trend analysis of the market and individual sectors; and access to a sample investment portfolio for educational simulation relative to individual stock research, as well as real-time trading demonstrations of various trading techniques. Its subscription services also provide access to other services, including Market Hotspot Report, a report that provides current and historical performance information on active issues, as well as sectors in the US Marketplace; Intraday Market Analysis, an after close report; weekly market commentary; etc.
In addition, the company offers educational demonstrations to its subscribers on how to evaluate various investments through fundamental and technical analysis; education materials; option investment and trading subscription services; Dark Horse subscription services that focus on the US-listed small-cap stocks; and Website based advertising services.
Further, it provides free stocks and research tools, as well as investor awareness and general corporate support services. The company offers its services through its Websites, as well as through customer support personnel at its telemarketing and customer service center. ChineseInvestors.com, Inc. was founded in 1999 and is based in Denver, Colorado.
According to company materials, “ChineseInvestors.com, Inc. (‘CIIX’), founded in 1999 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) support services to our various partners, (c) consultative services to smaller private companies considering becoming a public company, (d) advertising and public relation related support services, and (e) other services we may identify having the potential to create value or partnership opportunity with our existing services.”
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According to the company’s recent release, CIIX entered into a wholesale agreement with a well-known CBD health brand last month that enables CIIX to retail nutritional supplements containing CBD to the Asian market through both online and in-store sales.
ChineseCBDoil.com will provide a variety of CBD products, including soft gels, capsules and concentrates, for Chinese-speaking customers worldwide. According to a series of documentary reports from CNN, CBD is a non-toxic and non-addictive natural concentrate extracted from cannabis that can be refined into CBD oil health products and CBD has shown to be effective in treating epilepsy, Alzheimer’s disease, cirrhosis of the liver and to provide relief from hangover, anxiety and stress.
Warren Wang, founder and CEO of CIIX, commented: “The Chinese nutrition and health products market has already generated more than 1 trillion Yuan in consumer sales. As Chinese people pay more attention to their health conditions, this market is expected to continue its rapid growth. Currently, the benefits of CBD oil have not been widely recognized in mainland China. CBD products are effective in reducing anxiety, stress and poor sleep, and can be used to prevent Alzheimer’s disease, which is prevalent among elderly people. CIIX has made a development plan for the next three years, and the critical first step is to set up our CBD health products online store given the upward trend of the aging population in China.”
Earning a current market cap value of $8M, CIIX has a reserve ($469K) of cash on the books, which is balanced by about $700K in total current liabilities. One should also note that debt has been growing over recent quarters. CIIX is pulling in trailing 12-month revenues of $1.1M. In addition, the company is seeing major top line growth, with y/y quarterly revenues growing at 105.2%. We will update the story again soon as developments transpire. For continuing coverage on shares of $CIIX stock, as well as our other hot stock picks, sign up for our free newsletter today and get our next hot stock pick!