SAN GABRIEL, California, June 1, 2017 /PRNewswire/ --
ChineseInvestors.com, Inc. (OTCQB: CIIX) ('CIIX' or the 'Company'), the premier financial information website for Chinese-speaking investors, announces that it will attend the 6th Annual SeeThru Equity Microcap Investor Conference taking place today at 101 Park Avenue, New York, NY.
SeeThru Equity has been providing impactful, high-quality research on underfollowed small-cap and microcap equities since 2011, and the firm is well-known for its unbiased equity research. As this much anticipated event does every year, the 2017 SeeThru Equity Microcap Investor Conference will offer the exclusive opportunity for investors to discover publicly traded companies with market capitalizations less than $1 billion.
"SeeThru Equity gave CIIX a target price of $2.05 one year ago," says Warren Wang, Founder and CEO of CIIX. He further added, "Recently, the firm increased CIIX's price target to $3.75, reflecting huge growth potential based on our legal medical cannabis initiatives. In addition, SeeThru Equity also gave CIIX a forecast for revenue from its hemp business, projecting the revenue could grow from $0.7 million in FY2017 to reach 8-digit sales by FY2020E, with continued growth thereafter.
CIIX is in the early stages of penetrating the world's legal medical cannabis market; however, increased market opportunity paired with our demonstrated insight of investing in the medical cannabis industry will enable the Company to capitalize on a unique approach to broad medical cannabis industry growth. We sincerely encourage you to come to our booth at the SeeThru Equity Microcap Investor Conference to learn more about CIIX and the incredible opportunities that await."
About ChineseInvestors.com (OTCQB: CIIX)
Founded in 1999, ChineseInvestors.com 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) advertising and public relation related support services; and (c) retail and online sales of hemp-based products and other health related products.
For more information visit ChineseInvestors.com
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This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company's SEC filings. These risks and uncertainties could cause the company's actual results to differ materially from those indicated in the forward-looking statements.
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SOURCE ChineseInvestors.com, Inc.