CIIX' entry into the corporate consulting industry is a significant move for the company. It is a move that the company is very excited about and one where CIIX can prosper. The Chinese market is booming and many of the companies are looking to go public with cash in hand for a group that can show them the way. CIIX plans to do that for them.
CIIX stated in their recent PR that their new consulting agreements should produce approximately $60,000 in new income over the next several months. Bottom line, CIIX is seeing traction in the corporate consulting space in China.
CIIX has another product as an exclusive introducing agent for OptionWorld binary options. Binary options are a new financial instrument and have significantly increased in popularity worldwide since inception in 2008 (CBOE). Monthly trading volume in binary options is already in excess of $2.5 billion. CIIX noted in February that $80k of new revenue has flowed in for the company from their binary option services arrangement.
CIIX also offers ChineseInvestors.com services, which are primarily used by Chinese speaking individuals living in North America. The site offers several types of subscription-based services and serves several levels of investors and traders (novice to professional).
There are over 1.3 billion Chinese in mainland China and 74 million overseas Chinese. Chinese society is becoming capitalistic and business focused. CIIX' deep understanding of the Chinese market and in roads could prove to be their greatest asset long-term under the leadership of their CEO, Mr. Warren Wang.
Earlier this year, CIIX announced opening a new office in Shenzhen, China. The office is focused on expanding CIIX' China based service provider presence. The company stated that it anticipates that this will be the first of many new office expansions in China (in addition to their current Shanghai office operating since March of 2003).
We look for CIIX to aggressively pursue the Chinese market on the fronts described above. CIIX' gross profit has risen the last three quarters.
CIIX has a market cap of less than $5 million, and looks attractively priced right now at around $0.90. With all that CIIX has going on and with China stocks being so hot, we very well could see an upside surprise out of CIIX. Take the opportunity to research CIIX as soon as you can. Sign up for our Stock Newsletter for alerts on CIIX.
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