Posted On: 09/03/2013 9:35:20 AM
Post# of 17928
CIIX Mr. Warren Wang, Chairman and Chief Executive Officer noted, "We have had continued success in growing our Business Service related offerings to date noting on May 1st, 2013 we had only two active clients while as of the date of this press release we now have 13 active clients that in combination have generated $1M+ in stock (rule 144, restricted) and $240,000 in cash based payment revenues over the past four months. Naturally, we accrue these values to the proper period in which they are earned but we are encouraged by this performance. We continue to provide subscription products that have already begun to generate additional sales as we enter FY 2014. We feel that these offerings in combination with our other products will help us to expand both our customer base as well as build stronger revenue sources for the Company."
(0)
(0)
