ARCADIA, Calif., March 20, 2012 /PRNewswire/ -- ChineseInvestors.COM (OTCBB 'CIIX') announced it will be launching a new binary option based website, www.chinesefn.com.cn/, under an expanded franchise agreement with OptionWorld (KrisWorld Development Limited of Hong Kong) as announced on February 21st of this year. The website will focus on providing Chinese speaking individuals with an interest in learning more about the ever expanding binary option marketplace with a resource that can assist them to better understand the basics of binary option trading.
Advantages such as simplicity of trading a wide class/range of assets using a pre-set risk/reward matrix and the ease of trading offered by the anywhere, anytime platform has helped propel the binary options marketplace growth substantially since it first became available as a financial trading vehicle on the Chicago Board Options Exchange (CBOE) in 2008. Monthly transaction volume has grown to in excess of 2.5 billion dollars as investors have shown an interest in this type of transaction to hedge as well as diminish specific risks elsewhere in their portfolios.
Mr. Warren Wang, our CEO commented that "Offering of this website as a point of entry for Chinese speaking investors, our primary audience will provide the Company with an excellent opportunity to gain a stronger awareness within the community we work to serve. We are excited about our potential for growth in offering a full range of services from both an educational as well as general trading perspective as we work to grow a general awareness of the global binary option marketplace." Mr. Wang also expressed his optimism regarding this new offering noting that "This gateway to binary trading services will afford the Company an additional source of new revenue."
This new website will also compliment many of the Company's existing services that offer real time information relative to the various world financial marketplaces (US Financial Markets, FOREX, China 'A' Shares, etc.) in addition to offering a binary option forum (www.chinesefn.com.cn/bbs/forum.php) for the exchange of ideas and discussions of trading strategy evolution.
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 we will be providing services in; the impact of which cannot be predicted at this time.
CONTACT: Brett Roper, 303-345-1262, [email protected]