ITEM 2.02 RESULTS OF OPERATIONS AND FINANCIAL CONDITION
On November 16, 2020, ChineseInvestors.com, Inc., an Indiana corporation, (the
"Company") filed with United States Bankruptcy Court for the Central District of
California (the "Bankruptcy Court") its Monthly Operating Report, for the period
from October 1, 2020 to October 31, 2020 (the "Operating Report"). Exhibit 99.1
to this Current Report on Form 8-K contains the material portions of the
Operating Report. On November 18, 2020, the Company also filed a supplemental
monthly report for the month of August 2020 a copy of which is set forth as
Exhibit 99.2 and a supplemental monthly report for the month of September 2002 a
copy of which is set forth as Exhibit 99.3.
ITEM 7.01 REGULATION FD DISCLOSURE
On November 16, 2020, ChineseInvestors.com, Inc., an Indiana corporation, (the
"Company") filed with United States Bankruptcy Court for the Central District of
California (the "Bankruptcy Court") its Monthly Operating Report for the period
from October 1, 2020 to October 31, 2020 (the "Operating Report"). On November
18, 2020 the Company filed supplemental monthly reports for August 2020 and
September 2020 disclosing additional banking activity not shown on the original
Monthly Operating Reports for the period of August 1, 2020 through August 31,
2020 and September 1, 2020 through September 30, 2020, respectively. Exhibit
99.1 to this Current Report on Form 8-K contains the material portions of the
Operating Report. Exhibit 99.2 to this Current Report on Form 8-K is a copy of
the supplemental monthly operating report for August 2020. Exhibit 99.3 to this
Current Report on Form 8-K is a copy of the supplemental monthly operating
report for September 2020.
Exhibit Number Description
99.1 Material portions of the monthly operating report dated
November 16, 2020
99.2 Material portions of the Supplemental report to the monthly
operating report for August 2020 dated November 18, 2020
99.3 Material portions of the Supplemental report to the monthly
operating report for September 2020 dated November 18, 2020
CAUTIONARY STATEMENT REGARDING FINANCIAL AND OPERATING DATA
The Company cautions readers not to place undue reliance upon the information
contained in the Operating Report and the supplementary operating report, which
contains unaudited information and is in a format prescribed by the applicable
bankruptcy law. The Operating Report is not prepared in accordance with
generally accepted accounting principles ("GAAP") and may not accurately reflect
the condition of the Company on a GAAP basis. The Operating Report and the
supplementary operating reports are not presented on a consolidated basis and
therefore do not present the consolidated results of the Company and its
subsidiaries. The Company has provided the summary portions of the Operating
Report without the detailed exhibits filed with the Bankruptcy Court in order to
exclude information identifying the Company's customers and vendors.
Additionally, the Company notes that certain corporate costs are paid for by the
parent company for the benefit of its subsidiaries. The Operating Report may be
subject to revision. The Operating Report and the supplementary reports for
August and September also contain information for periods shorter and otherwise
different from those contained in the Company's reports pursuant to the Exchange
Act.
Additionally, readers are reminded that on June 18, 2020, the Company filed a
voluntary petition for Chapter 11 bankruptcy protection under the Bankruptcy
Code. This case is being administered under case number 2:20-bk-15501-ER in the
Central District of California.
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