ChineseInvestors.COM Announces Profitable FY 2014 Performance

DENVER, Sept. 16, 2014 /PRNewswire/ -- Completing its fiscal year in May, (FY 2014), ChineseInvestors.COM (OTC BB: CIIX) is pleased to announce a strong FY 2014 performance with substantial increases in its general year on year revenues as well as strong profitability.

Mr. Warren Wang, Chairman and Chief Executive Officer commented, "We have been working hard to improve our general support services delivery model for our clients this year and have seen those efforts handsomely rewarded.  Our revenues increased from $1.639M in FY 2013 to $3.902M in FY 2014 and what were operating losses of $1.118M for FY 2013 turned into profits of $1.149M in FY 2014.  As of the date of this press release our active service provider client list includes nine (9) OTCQB, and two (2) NYSE/NASDAQ companies, several of which have long term service agreements in place with us."

Mr. Wang added, "This performance represents earnings of approximately $0.18 per share, fully diluted for FY 2014 as compared with losses of $0.21 per share for FY 2013.  We are also working with several of our clients in support of their efforts to uplist to higher exchanges, noting one of our long term clients for which we provided such services to complete a successful uplisting effort (NASDAQ Global Markets) in January of this year."

Mr. Brett Roper, Chief Operating Officer commented, "We have spent a good deal of time this past year working with the ownership of Medicine Man Production of Denver in the creation of a new company, Medicine Man Technologies Inc. which holds all of the experience and technical intellectual property of Medicine Man Production Denver, a Tier III cannabis industry cultivator/dispensary operator in Colorado.  After just three months of operations this new business has entered into licensing and consulting agreements with one Nevada client and eight Illinois clients supporting multiple cannabis licensing applications in Illinois.  It also has several prospective clients in Nevada, Arizona, Florida, and New York and is already very profitable noting we are working to find the right public company solution for deployment for this new business in the near future."

ChineseInvestors.COM, Inc. (CIIX), founded in 1999 became a public company in early 2011 and endeavors to maintain its innovative stance by providing (a) real-time market commentary, analysis, and educational related services related to the various equity and globally positioned markets in Chinese language character sets (traditional and simplified), (b) delivery of support and back of the house related services to our various partners, (c) consultative services to smaller private companies considering their public company options, (d) advertising and public company related support services (IR Lite), (e) participating in the formation and initial launch of Medicine Man Technologies, a successful consulting and licensing business venture in the cannabis industry space, and (f) other services we may identify having the potential to create value or partnership opportunity that blend efficiently with our existing skills and services. Our subscriber base (free and pay member) is primarily located in the US and Canada (95%) noting these services as described are generally delivered to US public and private companies as well as US residents and citizens.

For further information please contact us at [email protected] or visit our website at (www.chinesefn.com).

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 Commission (SEC).  Actual results and the timing of certain events could differ materially from those projected in or contemplated by the forward-looking statements due to a number of factors detailed from time to time in our filings with the Securities and Exchange Commission. Among other matters, the Company may not be able to sustain growth or achieve profitability. Reference is hereby made to cautionary statements set forth in the Company's most recent reports on Form 10-K, 10-Q, 8-K, and other SEC filings. In addition, the information contained in this press release is subject to the risk factors identified in the Company's most recent Form 10-K filing and others that may not be known to the Company as of the date of this filing. We have incurred and will continue to incur significant expenses in our expansion of our existing as well as new service lines noting there is no assurance that we will generate enough revenues to offset those costs, even in light of our recent profitability and growth of the business.  Additional service and support offerings and participation such as these and as noted herein may expose us to additional legal and regulatory costs and unknown exposure(s) based upon the various geopolitical locations we will be providing services in, the impact of which cannot be predicted at this time.

Contact: Brett Roper, [email protected]

SOURCE ChineseInvestors.COM