ChineseWorldNet. Com Inc. was incorporated on January 12 2000 under the Company Law 1998 revision of the Cayman Islands.
The registered and principle executive office is located at Clifton House 75 Fort Street P O Box 190 Grand Cayman Cayman Islands KY1 1104.
The telephone number is (345) 949 4900.
Prior to April 28 2014 the company operated four principal businesses.
These businesses were the financial web portal business under the ChineseWorldNet. Com brand via the website…
ChineseWorldNet. Com Inc. was incorporated on January 12 2000 under the Company Law 1998 revision of the Cayman Islands.
The registered and principle executive office is located at Clifton House 75 Fort Street P O Box 190 Grand Cayman Cayman Islands KY1 1104.
The telephone number is (345) 949 4900.
Prior to April 28 2014 the company operated four principal businesses.
These businesses were the financial web portal business under the ChineseWorldNet. Com brand via the website www.chineseworldnet.com.
The investor relations and public relations business under the NAI500 brand via the websites www.nai500.com and en.nai500.com and certain promotional services.
The North America and Greater China cross border business partnering conferences business under the brand Global Chinese Financial Forum via the website www.gcff.ca.
The financial content and information distribution business.
As of April 28 2014 the company sold all of its subsidiaries to Ningbo International Limited and consequently had no principal businesses.
The transaction involved a cash payment of CDN$263,969 and a non interest bearing promissory note in the principal amount of CDN$831,031 with a maturity date of one year.
At December 31 2024 ChineseWorldNet. Com Inc. has no operating businesses and is seeking opportunities to acquire or invest in other business opportunities.
The company generated revenue from its financial web portal business by offering access to the ChineseWorldNet. Com website.
Revenue was also derived from the investor relations and public relations business through services provided under the NAI500 brand.
The North America and Greater China cross border business partnering conferences business produced income from organizing and hosting events under the Global Chinese Financial Forum brand.
The financial content and information distribution business contributed revenue by disseminating financial data and analysis.
Following the sale of its subsidiaries on April 28 2014 the company no longer generates operating revenue and is presently seeking investment or acquisition opportunities to create future income streams.
Before the divestiture of its operating units ChineseWorldNet. Com Inc. competed in the financial media and investor relations industry.
The company focused on delivering Chinese language content and services to investors and corporations interested in the Greater China and North America markets.
Its competitive position rested on its proprietary web portal the NAI500 investor relations platform and its Global Chinese Financial Forum conference series.
These assets allowed the firm to serve a specialized audience that required bilingual financial information and cross border networking opportunities.
After the sale of its subsidiaries the company no longer holds an active position in this industry and is evaluating new business avenues.
The company's customers included individual and institutional investors who accessed its financial web portal for market information.
Corporate clients utilized the investor relations and public relations services to communicate with shareholders and the public.
Participants in the cross border conferences comprised executives professionals and academics interested in China related financial topics.
Recipients of the financial content and distribution service comprised banks asset managers and other financial professionals requiring timely data.
Following the disposition of its operating businesses the company does not maintain an active customer base and is looking to establish new relationships through future investments.
Sector:TechnologySector rationaleThe company's primary revenue was generated through its proprietary financial web portal and the NAI500 investor relations platform, which are digital platforms and software-driven services. A secondary sector of Industrials is justified because the company also operated a substantial business line organizing and hosting cross-border business partnering conferences (Global Chinese Financial Forum), which falls under consulting or business services.Industries:Social MediaTechnologyPrimaryThe company operated a financial web portal under the ChineseWorldNet.com brand, which served as a platform for individual and institutional investors to access market information. This network-based delivery of financial content and user interaction aligns with the social and professional networking aspects of a digital platform.Marketing SoftwareTechnologySecondaryThe company operated an investor relations and public relations business under the NAI500 brand, providing promotional services and communication tools for corporate clients to reach shareholders and the public.Classified using BQ-MICSCIK: 0001145898