SHANGHAI, April 18, 2012 /PRNewswire/ -- ChineseInvestors.COM (OTCBB 'CIIX') announced it has entered into corporate consulting agreements with several new clients (product base in nutraceuticals, web marketing, transportation, etc.) and has had numerous overseas inquiries from China based companies interested in entering the US public market (OTCBB) space.
Mr. Warren Wang, our CEO commented that "Offering these services based upon our own recent and extensive experience(s) should offer value to companies considering the deployment of any public company initiative in that there are several paths to choose from. We are excited about our potential for growth in offering a full range of services combined with our various professional resource partners in an effort to provide advisory services in assisting any of our Clients to choose the best direction for such an undertaking."
Mr. Roper, the company's COO also expressed his optimism regarding this new offering noting, "We will be focused on the expansion of this new opportunity by carefully aligning our Client's interests (once expressed) with the proper initiative as they consider their public company options. It is my belief that this new venture will generate substantial new revenues for ChineseInvestors.COM while providing a much needed service to those Companies wishing to enter the Public Company arena."
The Company has just added two new positions (one in China, the other US based) to our team for the purposes of expanding to meet the growing needs of such companies wanting to consider their public company options and to further develop the marketplace we intend to serve. These new consulting agreements should produce approximately $60,000 in new income over the next several months.
Safe Harbor Statement
This press release may contain forward looking statements which are based on current expectations, forecasts, and assumptions that involve risks as well as uncertainties that could cause actual outcomes and results to differ materially from those anticipated or expected, including statements related to the amount and timing of expected revenues as well as any payment of dividends on our common and preferred stock, statements related to our financial performance, expected income, distributions, and future growth for upcoming quarterly and annual periods. These risks and uncertainties are further defined in filings and reports by the Company with the U.S. Securities and Exchange Commissions (SEC) including but not limited to information as contained within the Company's most current quarterly reports, annual reports, and or other filings. Furthermore, the Company disclaims any intention or obligation to update or revise any such forward looking statements, whether as a result of new information, future events, or otherwise. We have incurred and will continue to incur significant expenses in our expansion into new related services and there is no assurance that we will generate revenues sufficient to offset those costs. Expansion may expose us to additional legal and regulatory costs and unknown exposure(s) based upon the various geopolitical locations as well as general US public company landscape we will be providing services in; the impact of which cannot be predicted at this time.