- CEO Warren Wang discussed time with CIIX
- Spin-off of CBD, hemp products nearing completion
- CIIX went from nearly bankrupt to becoming publicly traded; Wang invested directly and looks forward to a promising future
CEO Warren Wang of ChineseInvestors.com Inc. (OTCQB: CIIX) recently shared, on MoneyTV with Donald Baillargeon, his journey with the company since its founding in 1999 and his commitment to continually building success for decades to come. The full interview can be found at www.MoneyTV.net under past shows.
In addition to providing a brief update on where the company’s spin-off for CBD Biotech stands, Wang shared the company’s growth and progress over the last 20 years. Once on the brink of bankruptcy, CIIX is now a successful publicly traded company in the process of writing a Form F-1 for a potential uplisting to the Nasdaq.
CBD Biotech is a wholly owned CIIX subsidiary, and its proposed spin-off is expected to allow ChineseInvestors.com to return to its original platform of developing proprietary financial news media and content targeting the global Chinese-speaking community. The spin-off includes the appointment of CFO Alex Hamilton, whose primary focus is on providing CBD-related products to China’s mainland population (http://cnw.fm/0jyHX). The spin-off is nearing completion, as it now has legal counsel and a broker dealer, and CBD Biotech is close to finalizing with an auditing firm and forming a board of directors.
After a brief update on where CBD Biotech and CIIX are headed, Wang focused on how far the company has come. Wang has been with the company since its beginning in 1999. He noted that in its early years, CIIX had troubled times, facing bankruptcy as shares were diluted by investors from over 60 percent down to 10 percent. Since then, Wang has led the company back to its current solid position, investing directly in it himself on the open market.
Per the interview, Wang prides himself on his loyalty and dedication to CIIX and is looking forward to spending the next 10 to 20 years with the company.
For more information, visit the company’s website at www.ChineseInvestors.com
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