ITEM 2.02 RESULTS OF OPERATIONS AND FINANCIAL CONDITION
On January 14, 2021, 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 December 1, 2020 to December 31, 2020 (the "Operating Report"). Exhibit
99.1 to this Current Report on Form 8-K contains the material portions of the
Operating Report.
ITEM 7. REGULATION FD DISCLOSURE
On January 14, 2021, 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 December 1, 2020 to December 31, 2020 (the "Operating Report"). Exhibit
99.1 to this Current Report on Form 8-K contains the material portions of the
Operating Report.
Exhibit Number Description
99.1 Material portions of the first part of the monthly operating
report dated January 14, 2021
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 report 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 report for
August 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.
2
© Edgar Online, source Glimpses