this is one of my volume rumbles(http://www.3stocksonfire.org/trading/index.php?topic=319.0)
...its got some mojo
(check out: AOOR and ECCI, also volume rumbles)
chart
Hi Eliteg,
just noticed that crgo is moving today.
Do you think it still has any further potential?
thanks very much,
julia ;D
hope ur trades r going well!
This absolutely took off today!
Opened at .0051 and now at .0095!
Wasn't sure where it would go when i saw it moving...too bad...may have missed it now.
julia :D
Well it could be starting a run that volume was huge compared to historical, and this is why the company is basically a new direction and market focus CEO made a statement of intention and focushence the interest. So it could get momo as a result and continue on. Could be a decent turnround play with the floor in at $0.005.
Cargo Connection Logistics Holding, Inc. Chairman Issues Shareholder Message
07/28/2005 08:30
Cargo Connection Logistics Holding, Inc. (OTCBB: CRGO) today issued the following message to shareholders:
To the Shareholders of Cargo Connection Logistics Holding, Inc.
It has been just over two months since Cargo Connection Logistics Corp. and Mid-Coast Management, Inc. merged with what was once ChampionLyte Holdings, Inc., which resulted in Cargo Connection Logistics Holding, Inc. (OTCBB: CRGO). As you may imagine, as we were previously a privately held company, this has been quite a transition; one that has consumed almost every waking hour of our senior management's time. However, I wanted to take this opportunity to introduce myself and bring you up to date on what has transpired at your company. My name is Jesse Dobrinsky and I have been in the Logistics Business for more than 20 years.
Please know that I am acutely aware that most of you invested in this company because of your interest in ChampionLyte Beverages and its potential. Regrettably, previous management, which had committed a great deal of resources in its attempts to expand the brand, never realized its goals. While we still own the beverage assets and believe that they continue to have value, it is our intention to either sell or license these assets. Our core focus will be on the transportation and logistics industry.
Cargo Connection Logistics was founded in 1996 and has continuously expanded since that time. Like any developing company, we've hit some bumps along the way. There are several major challenges facing anyone in our industry. Specifically, the challenges relate to insurance, fuel costs and customer delinquencies. Our experiences with these challenges have made us a better, stronger company with the ability to prepare and handle such circumstances as they arise.
Our business plan is a stable one and we are on track with its implementation. Our plan includes organic growth within the markets we are currently servicing, as well as growth through the development of an agent network and through strategic acquisitions.
Cargo Connection Logistics and its management team pride themselves in taking a strategic, yet creative, approach to our industry. We provide logistics solutions for logistics providers that are both traditional for many shippers and radical for others.
Clearly, capital is always an issue. That is what first attracted us to the merger that yielded the new public entity. We believe the accessibility we now possess to potential additional funds will assist us with the ongoing implementation of our business plan and also help us aggressively seek out those acquisitions that are accretive to earnings.
Our expectations for the future are positive. We expect to offer our customers a broader range of services along with allowing our employees and contractors (owner operators) forward thinking methods for their future.
As we prepare to bring the Company's SEC reporting information up to date and determine the ultimate disposition of the beverage division, we know that the future will be a very different one. Certainly the differences in the former company and the new company are, as the result of different industries and revenue streams, like night and day.
We are in a staple industry which we believe will always have a demand for service. There is no doubt our industry will evolve. The companies that succeed will be those that respond to any and all types of change.
I'm reminded of the lesson to be learned by the hundreds of horse and buggy companies that were thriving in this country prior to the introduction of the automobile. Those that survived recognized they were not in the "buggy" business, but that they were in the "transportation" business. We are in the "logistics" business and we know how to adapt to change and how to do so efficiently and effectively.
Our immediate plans call for building our sales staff and managing our growth. We will focus on those areas and in those regions where we currently have operations. Once we have successfully saturated those markets, we will look to expand into different regions of the country. That strategy has almost always been driven by customer demand.
Cargo Connection Logistics is a forward thinking company whose motto is "Innovation and Excellence Working Together." As our future develops, we will keep you updated with our plans through press releases as well as on our website - http://www.cargocon.com.
In the past few months I have spoken with many shareholders who have expressed concerns about their investment in the company. I want each and every shareholder to know that although I travel a great deal on behalf of the company, I will make myself as accessible as possible to respond to your inquiries.
I also encourage you to learn more about the transportation and logistics industry. Virtually every product you use in your everyday life is impacted by a company such as ours. I think you'll be pleasantly surprised at the size and scope of the industry that you now have a direct interest in!
We ask for your support as we work to grow your company. We are looking forward to a great second half for 2005.
Jesse Dobrinsky, Chairman
Cargo Connection Logistics Holding, Inc.
Continental Airlines Selects Cargo Connection Logistics Corp. As a Primary LTL Provider
Cargo Connection to Provide Roadfeeder Airport-to-Airport Service from its Northeastern Hub at Newark Liberty
Aug 1, 2005 8:00:00 AM
INWOOD, N.Y., Aug. 1 /PRNewswire-FirstCall/ -- Cargo Connection Logistics Holding, Inc. (OTC Bulletin Board: CRGO) today announced that its wholly owned subsidiary, Cargo Connection Logistics Corp. has been chosen by Continental Airlines (NYSE: CAL) to provide over-the-road service between Newark, NJ and 10 points located throughout the Northeast and Southern United States.
Cargo Connection Logistics Corp. will recover and deliver freight daily at Continental Airlines' cargo facilities and agent terminals in Pittsburgh, PA; Raleigh, NC; Greensboro, NC; Charlotte, NC; Greenville, SC; Charleston, SC; Columbia, SC; Atlanta, GA; Orlando, FL; and Miami, FL. Freight transported by Cargo Connection Logistics Corp. will move between Continental's hub at Newark's Liberty International Airport and destinations all over the globe.
"We are very pleased to become one of the primary freight carriers for one of the world's largest airlines," said Jesse Dobrinsky, president of Cargo Connection Logistics Holdings, Inc. "Securing contracts of this nature is the type of organic growth that is in keeping with our business model as we actively pursue growth within our current markets and increase our customer base that complement our current operations and will be accretive to earnings."
Continental Airlines is the world's sixth-largest airline. Continental, together with Continental Express and Continental Connection, has more than 3,100 daily departures throughout the Americas, Europe and Asia, serving 150 domestic and 131 international destinations, more than any other carrier in the world. Continental offers its cargo customers a broad range of flight- specific products including QUICKPAK, for same day, airport-to-airport delivery of domestic and international small packages and CMR (Confirmed Must Ride) for flight specific domestic and international freight. In addition, GlobalLink, reaching more than 160 international destinations outside the Continental route system, and Specialty Services, handling shipments requiring extra care, round out the company's offerings created to address special shipping needs.
Cargo Connection Logistics Holding, Inc. consists of Cargo Connection Logistics Corp. and Mid-Coast Management Inc., which are both headquartered in Inwood, NY. The Companies also have offices in Atlanta, Charlotte, Chicago, Columbus, Miami, New York and Pittsburgh. The companies provide a comprehensive variety of transportation and warehouse capacity services to shippers throughout the nation. Currently the two companies have a total of 82 full-time employees.
About Cargo Connection Logistics Corp./Mid-Coast Management
Cargo Connection Logistics Corp. is a leader in world trade logistics. Headquartered adjacent to JFK International Airport, the company is a transportation logistics provider for shipments importing into and exporting out of the United States, especially through the Gateways of Chicago, Illinois, JFK, New York, Miami, Florida or Atlanta, Georgia with service areas throughout the United States and North America. Mid-Coast Management is a container freight station specifically designed to handle internationally arriving freight for companies like Mast Industries, the major supplier to Limited Brands -- one of the world's largest multi-brand specialty retailers as well as many other significant fashion brands. Since its inception, Mid-Coast Management, Inc. has developed relationships with many other retailers and works with Freight Forwarders from around the world.
Additional information about Cargo Connection can be obtained at its website http://www.cargocon.com.
The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for forward-looking statements. Certain of the statements contained herin, which are not historical facts, are forward-looking statements with respect to events, the occurrence of which involve risks and uncertainties. These forward-looking statements may be impacted, either positively or negatively, by various factors. Information concerning potential factors that could affect the Company is detailed from time to time in the Company's reports filed with the Securities and Exchange Commission.
Contact:
For Cargo Connection Logistics Holding, Inc.
Peter Nasca, 305-937-1711
[email protected]This press release was issued through GroupWeb EmailWire.Com. For more information on press release distribution, go to http://www.emailwire.com.
SOURCE Cargo Connection Logistics Holding, Inc.
----------------------------------------------
Peter Nasca
for Cargo Connection Logistics Holding
Inc.
+1-305-937-1711
[email protected]
Continental Airlines Selects Cargo Connection Logistics Corp. As a Primary LTL Provider
Cargo Connection to Provide Roadfeeder Airport-to-Airport Service from its Northeastern Hub at Newark Liberty
Aug 1, 2005 8:00:00 AM
INWOOD, N.Y., Aug. 1 /PRNewswire-FirstCall/ -- Cargo Connection Logistics Holding, Inc. (OTC Bulletin Board: CRGO) today announced that its wholly owned subsidiary, Cargo Connection Logistics Corp. has been chosen by Continental Airlines (NYSE: CAL) to provide over-the-road service between Newark, NJ and 10 points located throughout the Northeast and Southern United States.
Cargo Connection Logistics Corp. will recover and deliver freight daily at Continental Airlines' cargo facilities and agent terminals in Pittsburgh, PA; Raleigh, NC; Greensboro, NC; Charlotte, NC; Greenville, SC; Charleston, SC; Columbia, SC; Atlanta, GA; Orlando, FL; and Miami, FL. Freight transported by Cargo Connection Logistics Corp. will move between Continental's hub at Newark's Liberty International Airport and destinations all over the globe.
"We are very pleased to become one of the primary freight carriers for one of the world's largest airlines," said Jesse Dobrinsky, president of Cargo Connection Logistics Holdings, Inc. "Securing contracts of this nature is the type of organic growth that is in keeping with our business model as we actively pursue growth within our current markets and increase our customer base that complement our current operations and will be accretive to earnings."
Continental Airlines is the world's sixth-largest airline. Continental, together with Continental Express and Continental Connection, has more than 3,100 daily departures throughout the Americas, Europe and Asia, serving 150 domestic and 131 international destinations, more than any other carrier in the world. Continental offers its cargo customers a broad range of flight- specific products including QUICKPAK, for same day, airport-to-airport delivery of domestic and international small packages and CMR (Confirmed Must Ride) for flight specific domestic and international freight. In addition, GlobalLink, reaching more than 160 international destinations outside the Continental route system, and Specialty Services, handling shipments requiring extra care, round out the company's offerings created to address special shipping needs.
Cargo Connection Logistics Holding, Inc. consists of Cargo Connection Logistics Corp. and Mid-Coast Management Inc., which are both headquartered in Inwood, NY. The Companies also have offices in Atlanta, Charlotte, Chicago, Columbus, Miami, New York and Pittsburgh. The companies provide a comprehensive variety of transportation and warehouse capacity services to shippers throughout the nation. Currently the two companies have a total of 82 full-time employees.
About Cargo Connection Logistics Corp./Mid-Coast Management
Cargo Connection Logistics Corp. is a leader in world trade logistics. Headquartered adjacent to JFK International Airport, the company is a transportation logistics provider for shipments importing into and exporting out of the United States, especially through the Gateways of Chicago, Illinois, JFK, New York, Miami, Florida or Atlanta, Georgia with service areas throughout the United States and North America. Mid-Coast Management is a container freight station specifically designed to handle internationally arriving freight for companies like Mast Industries, the major supplier to Limited Brands -- one of the world's largest multi-brand specialty retailers as well as many other significant fashion brands. Since its inception, Mid-Coast Management, Inc. has developed relationships with many other retailers and works with Freight Forwarders from around the world.
Additional information about Cargo Connection can be obtained at its website http://www.cargocon.com.
The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for forward-looking statements. Certain of the statements contained herin, which are not historical facts, are forward-looking statements with respect to events, the occurrence of which involve risks and uncertainties. These forward-looking statements may be impacted, either positively or negatively, by various factors. Information concerning potential factors that could affect the Company is detailed from time to time in the Company's reports filed with the Securities and Exchange Commission.
Contact:
For Cargo Connection Logistics Holding, Inc.
Peter Nasca, 305-937-1711
[email protected]This press release was issued through GroupWeb EmailWire.Com. For more information on press release distribution, go to http://www.emailwire.com.
SOURCE Cargo Connection Logistics Holding, Inc.
----------------------------------------------
Peter Nasca
for Cargo Connection Logistics Holding
Inc.
+1-305-937-1711
[email protected]
WOW CRGO really took off, more than doubled itself this morning!!!
Is it too late to jump in at .00195?
How high is it expected to go....was watching it all morning, but had no cash...just sold something...so good to go!
thanks very much,
julia
I got out at .011 this morning and I can't believe my eyes. I'm hoping for a pull back so that I can load up some more. 18% profit .. not bad for a novice. I do have a good feeling about this stock though. Chart analysis anyone ?...
I think I may take a look at some shares in the morning. Setting nice base above the 50 day, and volume has continued to remain strong, with stock staying in narrow range.
http://finance.yahoo.com/q/is?s=crgo.ob
All I got to say is OMG!! Look at that revenue increase and what the stock is selling out. ???
Throwing in a big position on Tuesday morning this could be huge.
I am sorry higherstocks, but I have to disagree with you on a few points.
Maybe there is an error on the yahoo website? But the company is headed downhill. I know yahoo shows a huge revenue increase, but I had a look at their latest filing
http://yahoo.brand.edgar-online.com/doctrans/finSys_main.asp?formfilename=0001144204-05-026683&nad=
and I don't see anything good there. (Aug 22 10Q)
Huge decrease in profit.
Huge decrease in cash.
Operating revenue is down a million from a year ago (end of June).
And
"The Company incurred a net loss in the year ended December 31, 2004, and through June 30, 2005 and has had working capital deficiency in prior years. The Company has devoted substantially all of its efforts to increasing revenues, achieving profitability, and obtaining long-term financing and raising equity."
I would be very, very careful about this higherstocks. If it's a momo or TA play, then I am out to lunch, but the fundamentals on this company are, well, horrible.
Higher..
Is it me, or does it appear that their administrative and selling expense percentage is a bit high ? 8000 cash and 1.5 million debt with no positive earnings? This one looks a bit unstable....please correct me if I am looking at this wrong. On the daily this looks like support at the 50 ..... maybe.. :o
RJ
Hey guys, here is some info that you might be confusing with the stock symbol.
INWOOD, N.Y., Jul 13, 2005 (BUSINESS WIRE) -- Cargo Connection Logistics Holding, Inc. (CRGO) today announced that financial information posted by EDGAR Online Financials only reflects past operations of the beverage subsidiary of ChampionLyte Holdings, Inc. and stressed that this financial information does not include the results of its logistics operations. ...
INWOOD, N.Y.--(BUSINESS WIRE)--July 28, 2005--Cargo Connection Logistics Holding, Inc. (OTCBB:CRGO) today issued the following message to shareholders:
To the Shareholders of Cargo Connection Logistics Holding, Inc.
It has been just over two months since Cargo Connection Logistics Corp. and Mid-Coast Management, Inc. merged with what was once ChampionLyte Holdings, Inc., which resulted in Cargo Connection Logistics Holding, Inc. (OTCBB:CRGO). As you may imagine, as we were previously a privately held company, this has been quite a transition; one that has consumed almost every waking hour of our senior management's time. However, I wanted to take this opportunity to introduce myself and bring you up to date on what has transpired at your company. My name is Jesse Dobrinsky and I have been in the Logistics Business for more than 20 years.
Please know that I am acutely aware that most of you invested in this company because of your interest in ChampionLyte Beverages and its potential. Regrettably, previous management, which had committed a great deal of resources in its attempts to expand the brand, never realized its goals. While we still own the beverage assets and believe that they continue to have value, it is our intention to either sell or license these assets. Our core focus will be on the transportation and logistics industry.
Cargo Connection Logistics was founded in 1996 and has continuously expanded since that time. Like any developing company, we've hit some bumps along the way. There are several major challenges facing anyone in our industry. Specifically, the challenges relate to insurance, fuel costs and customer delinquencies. Our experiences with these challenges have made us a better, stronger company with the ability to prepare and handle such circumstances as they arise.
Our business plan is a stable one and we are on track with its implementation. Our plan includes organic growth within the markets we are currently servicing, as well as growth through the development of an agent network and through strategic acquisitions.
Cargo Connection Logistics and its management team pride themselves in taking a strategic, yet creative, approach to our industry. We provide logistics solutions for logistics providers that are both traditional for many shippers and radical for others.
Clearly, capital is always an issue. That is what first attracted us to the merger that yielded the new public entity. We believe the accessibility we now possess to potential additional funds will assist us with the ongoing implementation of our business plan and also help us aggressively seek out those acquisitions that are accretive to earnings.
Our expectations for the future are positive. We expect to offer our customers a broader range of services along with allowing our employees and contractors (owner operators) forward thinking methods for their future.
As we prepare to bring the Company's SEC reporting information up to date and determine the ultimate disposition of the beverage division, we know that the future will be a very different one. Certainly the differences in the former company and the new company are, as the result of different industries and revenue streams, like night and day.
We are in a staple industry which we believe will always have a demand for service. There is no doubt our industry will evolve. The companies that succeed will be those that respond to any and all types of change.
I'm reminded of the lesson to be learned by the hundreds of horse and buggy companies that were thriving in this country prior to the introduction of the automobile. Those that survived recognized they were not in the "buggy" business, but that they were in the "transportation" business. We are in the "logistics" business and we know how to adapt to change and how to do so efficiently and effectively.
Our immediate plans call for building our sales staff and managing our growth. We will focus on those areas and in those regions where we currently have operations. Once we have successfully saturated those markets, we will look to expand into different regions of the country. That strategy has almost always been driven by customer demand.
Cargo Connection Logistics is a forward thinking company whose motto is "Innovation and Excellence Working Together." As our future develops, we will keep you updated with our plans through press releases as well as on our website - http://www.cargocon.com.
In the past few months I have spoken with many shareholders who have expressed concerns about their investment in the company. I want each and every shareholder to know that although I travel a great deal on behalf of the company, I will make myself as accessible as possible to respond to your inquiries.
I also encourage you to learn more about the transportation and logistics industry. Virtually every product you use in your everyday life is impacted by a company such as ours. I think you'll be pleasantly surprised at the size and scope of the industry that you now have a direct interest in!
We ask for your support as we work to grow your company. We are looking forward to a great second half for 2005.
Jesse Dobrinsky, Chairman
Cargo Connection Logistics Holding, Inc.
You the man! I stand corrected.
Sorry, I can't really invest in a company I know nothing about. Can you fill us more in why you think it's 'stock of the year'? Just based on the revune increase?
Just curious, I'm sure you've done your DD as I've never heard peep one about this! Applaud!
I am just curious why nobody tried to search for this company on another thread. It has about 6 pages of information about this company and has been bought and sold by 3stocksonfire.org recently. If you want any good information about this company check out this thread...
http://www.3stocksonfire.org/trading/index.php?topic=2199.0
This may help... :o
;)
Sure Echos, but first I make sure you fo your own DD for sure before investing. Remeber like I always say do not invest just because someone posts on a message board but this is here is some info on CRGO:
First off here is the website: http://www.cargocon.com/
Cargo Connection Logistics Corp. was founded in 1996.
Cargo Connection Logistics Corp. began to develop a network of terminals and United States Bonded Container Freight Stations that have provided a variety of services to the International Freight Market.
Over the past 2 years we have continued to build our management team and grow our business. We have Container Freight Station operations in Jamaica, New York; Chicago, Illinois; Columbus, Ohio; Miami, Florida and Atlanta, Georgia. In addition to the Container Freight Station operations we have bonded truck facilities in Pittsburgh, Pennsylvania and Charlotte, North Carolina.
With our facilities and personnel in place, we are strategically ready to handle every major International Gateway, East of the Mississippi. Cargo Connection Logistics Corp. runs LTL service between our Gateway Cities, and Truckloads anywhere in North America.
Our plans for expansion include bringing other airfreight companies into our network as agents and ultimately blanketing the United States. These companies would get the benefit of a state of the art computer system, volume buying, and national account management. With our current business model in place we anticipate just under 20 million dollars in sales in 2005 and an increase of 25% in 2006.
AIR EXPEDITED TRUCKING SERVICE
A well organized controlled truck service to provide scheduled service for all Airlines from gateway to door or door to gateway. In most cases packages picked up or delivered to any station in our system will be delivered to any of our stations by the following day.
OCEAN AND RAILHEAD PICKUPS
A well developed service designed around an air and expedited service to give our customers the advantages of shipping air while paying for ocean service. This service is available for full containers or LCL from either the railheads or the ocean ports.
EXPEDITED TRUCKING
Through the use of our own equipment, as well a great brokerage department, our company is able to provide dedicated and dependable service to or from any point in North America, including Canada and Mexico.
CONTAINER FREIGHT STATION OPERATIONS
Through our CFS we are able to receive international shipments (air or ocean) and de-containerize them before they clear United States Customs, while providing different levels of warehouse and distribution services. This service is currently available in JFK (New York), CMH (Columbus), MIA (Miami), ORD (Chicago) and ATL (Atlanta).
BREAK-BULK DISTRIBUTION SERVICE
Each of our terminals are able to receive large shipments or trailer loads to be broken down and re-shipped to multiple destinations, either cleared or inbond.
SERVICES PROVIDED:
LTL SERVICE FROM AIRPORT TO AIRPORT
LTL SERVICE FROM AIRPORT TO DOOR
LTL SERVICE FROM DOOR TO AIRPORT
TRUCK LOAD SERVICE TO ANYWHERE IN NORTH AMERICA
SPECIALIZED EQUIPMENT (FLATBEDS, DROPDECKS, ROLLERBEDS, ETC)
NEXT DAY SERVICE TO MOST DESTINATIONS
24 HOUR A DAY, 7 DAY A WEEK AVAILABILITY
ACCURATE COMPUTERIZED TRACKING & TRACING
ELECTRONIC DATA INTERCHANGE (EDI) CAPABILITIES
LOCAL CUSTOMER SERVICE DEPARTMENTS
KNOWLEDGEABLE COURTEOUS CUSTOMER SERVICE AGENTS
FLEXIBLE BILLING OPTIONS
LOW CLAIM RATIO
CONTAINER FREIGHT STATION OPERATIONS
INTERMODEL DEPARTMENT FOR BOTH LCL AND FULL OCEAN CONTAINERS.
HIGH VALUE CARGO INSURANCE AVAILABLE
That is some info on what the company does if you go to the website you can get some more info like PR's from the company. This week I will be contacting the company to find out more.
Yes you are right johnathanchill the post is in the 3stockonfire though not in pennystock picks. This was a play I believe Ramburg was making about a month ago about a penny stock he believed was on fire at that time. Maybe Ramsburg can give us an update Technically about it now. Ramsburg what expert TA can you give us? ;) Thx
Watch out with this though, the gas prices may have a large impact on transportation service related stocks.
Hey guys, I am holding CRGO as I can see that once the 'news' about the change in business direction (from beverage to Logistics) filters to the bottom line (i.e. profits, or should i say improved financial performance) then there is tremendous upside potential for this penny to move towards. Right now this company is valued on its historical position (which was pretty crappy) but now it is in a sense a completely different organisation (but with no financial track record as it was a privately held company). Currently it has a $750K market cap on 50M shares. Which is puny in relation to its new business model. Now ther problem is going to be when and if the market decides that CRGO is undervalued, so the CEO and CFO need to keep broadcasting the messages and the financial reports need to show bottom line results. Sometimes companies DO NOT achieve correct market valuation (which is conversly true to those companies that achieve hyper over market valuation) in line with their business so this is still a penny risk but one with huge risk reward as far as I can see.
Here is a chart with my current view on it
Quote from: higherstocks on September 05, 2005, 07:41:14 PM
Yes you are right johnathanchill the post is in the 3stockonfire though not in pennystock picks. This was a play I believe Ramburg was making about a month ago about a penny stock he believed was on fire at that time. Maybe Ramsburg can give us an update Technically about it now. Ramsburg what expert TA can you give us? ;) Thx
Hi higherstocks,
I've sold CRGO @ $0.015 with a big loss for our penny portfolio. The reason I sold was just one:
DisciplineI've bought CRGO because it had a nice technical setup, and it was almost breaking a big resistance level... Stock went down, and so the reason why I bought it... So the right thing to do was to sell it according to my trading plan (stop @ 0.015).
That doesn't mean that CRGO wont go up again...
Right now, CRGO is very oversold, and it's possible that we watch a nice move... But the technical setup its not on my target right now.
I wish good luck to all holders !
best regards,
Thx Ramsburg and Aussie for the input on the stock!
Forming a nice little hammer in the last half-hour. poised for a big gain. imo
moving up now.....up 25%.....MAYBE I SHOULD ADD TO MY POSITION ???
Hurricane play. May be big next week watch it. >:D
Unfortunaley I ams till in this stock from the original posts on this stock when 3SF had it in their portfolio...should have sold it when I had the chance....I bought it at .024...so I hope its heading up there again.
good luck everyone!
julia
Hey Julia stick around I am I think we could see a run to ten cents in the short coming.
8)
Hi Higherstocks!
Ok...that would be nice! Let's hope this time it rockets...I've had enough it's silly games already :D
goodluck
;D
julia
Hey Julia I think this will turn around. This took a splash because of the airliners tanking on the bancruptcy news. That is over with and we should see this turn around.
Active early in the day
+ 32.53%........Volume @..........2,669,000
Bidding up on this news...who knows ;D
Cargo Connection Logistics Holding, Inc. Signs Option Agreement to Sell Beverage Formulas
INWOOD, N.Y., Oct 31, 2005 (BUSINESS WIRE) -- Cargo Connection Logistics Holding, Inc. (OTCBB:CRGO), today announced that it has entered into an option agreement with Healthy Body Beverages, LLC, a wholly owned subsidiary of Augusta Holdings, LLC, to sell its ChampionLyte(R) beverage formulas.
Under the terms of the agreement, the Illinois-based Healthy Body Beverages will pay Cargo Connection Logistics Holding, Inc. $25,000 for a one-year option to purchase the rights to the formulas of the isotonic sports drink, ChampionLyte(R). If Healthy Body executes the option any time during the option period, it will pay Cargo Connection Logistics Holding an additional $225,000 plus three (3%) percent of the net profits derived from the sale of ChampionLyte(R) for a three-year period from the date of the closing. Healthy Body can extend the purchase option for an additional six months by paying an additional $25,000.
"While we have never intended to operate the beverage company, we've always believed it is a valuable asset," said Cargo Connection CEO Jesse Dobrinsky. "We've entertained several offers and we feel it is in the best interests of our shareholders to proceed with Healthy Body. This could equate into a significant cash infusion to the company as well as residual income as the result of our participation in future sales."
Healthy Body Beverages, LLC has developed an extensive strategy to market and distribute the product through identified retail and wholesale channels as well as develop a full line of private label beverages.
"We are pleased to have the opportunity to develop and market such a healthy product within the isotonic sports drink category," said Healthy Body Beverages, CEO Richard DiStasio. "We see a great demand for this product based upon a consumer market focused on the consumption of healthy products containing no sugar, carbs or calories."
ChampionLyte(R), was the first completely sugar-free entry into the multi-billion dollar isotonic sports drink market. It is a sports drink with no sugar, calories, sorbitol, saccharin, aspartame, caffeine or carbonation. The product, which is available in five flavors, orange, lemon-lime, fruit punch, blue raspberry and pink lemonade, replaces essential fluids and electrolytes in the body after exercise.
Cargo Connection Logistics Holding, Inc. consists of Cargo Connection Logistics Corp. and Mid-Coast Management, Inc., which are both headquartered in Inwood, NY. The Company also has offices in Atlanta, Charlotte, Chicago, Columbus, Miami, New York and Pittsburgh. The companies provide a comprehensive variety of transportation and warehouse capacity services to shippers throughout the nation. Currently the two companies have a total of 90 employees.
Additional information about Cargo Connection can be obtained at its website http://www.cargocon.com
News! New agreement! Moving fast! :o Be careful
This was the news that came in during the earlier part of the afternoon today.
Upon the news the pps rose about 20% or so, then slowly had dropped most of its gain by close...strange ??? But, who knows could continue tomorrow.
2006-01-30 13:10:01
Cargo Connection Logistics Holding Enters into Joint Venture Agreement with American River International Ltd. in Anticipation of New Business from China and the Pacific Rim
INWOOD, N.Y.--(BUSINESS WIRE)--Jan. 30, 2006--
Cargo Connection Logistics Holding, Inc. (OTCBB:CRGO)
today announced that, in anticipation of what it believes will be
significant new business from its China/Pacific Rim initiative, it has
entered into a joint-venture agreement with American River
International, Ltd.
The Memorandum of Understanding between the two firms will provide
Cargo Connection Logistics with all of the required international
licenses and certifications that will be necessary to service the
business. It will also provide the company with customs brokerage
service in the event their customers are not currently utilizing a
U.S. Customs Broker. American River Logistics is also CTPAT certified.
American River International Ltd. Is an international and domestic
freight forwarding company with a network of agents throughout the
United States and around the world. The company, which is
headquartered in New York, has facilities in New Jersey, Illinois,
Tennessee, Florida and California.
"Aside from providing additional backbone and support for our very
aggressive approach to new business in China and the Pacific Rim, this
joint venture also takes our company into the third party logistics
business," said Jesse Dobrinsky, President and CEO of Cargo Connection
Logistics Holdings, Inc. "What's particularly gratifying is that we
are very comfortable with American River Logistics. We have worked
closely with the management of American River Logistics for the past
12 years. So while this is a new joint venture, the relationship has
been in place for years."
Cargo Connection Logistics recently announced the opening of a
20,000 sq. ft. facility in San Jose, California to accommodate
anticipated new business from China and the Pacific Rim. That center
is the first of three planned facilities in the Bay Area that will
facilitate its expansion of business in and out of Asia. The company
is also currently negotiating the opening of offices in China, Vietnam
and Singapore.
"We're extremely impressed with Cargo's efforts to expand its
business in China and the Pacific Rim," said Rich Forte, managing
director of American River International. "They have a clearly defined
and highly executable plan and the combined expertise of our two
companies will provide a level of support required to bring those
plans to fruition."
Cargo Connection Logistics Holding, Inc. consists of Cargo
Connection Logistics Corp. and Mid-Coast Management, Inc., which are
both headquartered in Inwood, NY. The Company also has offices in
Atlanta, Charlotte, Chicago, Columbus, Miami, New York and Pittsburgh.
The companies provide a comprehensive variety of transportation and
warehouse capacity services to shippers throughout the nation.
Currently the two companies have a total of 88 employees.
TODAY CLOSE @0.0036
Cargo Connection Logistics Holding Enters into Joint Venture Agreement with American River International Ltd. in Anticipation of New Business from China and the Pacific Rim
E-mail | Print | | Disable live quotes Last Update: 1:10 PM ET Jan 30, 2006
INWOOD, N.Y., Jan 30, 2006 (BUSINESS WIRE) -- Cargo Connection Logistics Holding, Inc. (CRGO : cargo connectn lgstcs hldg inc com
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Last: 0.00+0.00+5.56%
4:01pm 02/14/2006
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CRGO0.00, +0.00, +5.6%) today announced that, in anticipation of what it believes will be significant new business from its China/Pacific Rim initiative, it has entered into a joint-venture agreement with American River International, Ltd.
The Memorandum of Understanding between the two firms will provide Cargo Connection Logistics with all of the required international licenses and certifications that will be necessary to service the business. It will also provide the company with customs brokerage service in the event their customers are not currently utilizing a U.S. Customs Broker. American River Logistics is also CTPAT certified.
American River International Ltd. Is an international and domestic freight forwarding company with a network of agents throughout the United States and around the world. The company, which is headquartered in New York, has facilities in New Jersey, Illinois, Tennessee, Florida and California.
"Aside from providing additional backbone and support for our very aggressive approach to new business in China and the Pacific Rim, this joint venture also takes our company into the third party logistics business," said Jesse Dobrinsky, President and CEO of Cargo Connection Logistics Holdings, Inc. "What's particularly gratifying is that we are very comfortable with American River Logistics. We have worked closely with the management of American River Logistics for the past 12 years. So while this is a new joint venture, the relationship has been in place for years."
Cargo Connection Logistics recently announced the opening of a 20,000 sq. ft. facility in San Jose, California to accommodate anticipated new business from China and the Pacific Rim. That center is the first of three planned facilities in the Bay Area that will facilitate its expansion of business in and out of Asia. The company is also currently negotiating the opening of offices in China, Vietnam and Singapore.
"We're extremely impressed with Cargo's efforts to expand its business in China and the Pacific Rim," said Rich Forte, managing director of American River International. "They have a clearly defined and highly executable plan and the combined expertise of our two companies will provide a level of support required to bring those plans to fruition."
Cargo Connection Logistics Holding, Inc. consists of Cargo Connection Logistics Corp. and Mid-Coast Management, Inc., which are both headquartered in Inwood, NY. The Company also has offices in Atlanta, Charlotte, Chicago, Columbus, Miami, New York and Pittsburgh. The companies provide a comprehensive variety of transportation and warehouse capacity services to shippers throughout the nation. Currently the two companies have a total of 88 employees.
About Cargo Connection Logistics Corp./Mid-Coast Management, Inc.
Cargo Connection Logistics Corp. is a leader in world trade logistics. Headquartered adjacent to JFK International Airport, the company is a transportation logistics provider for shipments importing into and exporting out of the United States, especially through the Gateways of Chicago, Illinois; JFK, New York; Miami, Florida or Atlanta, Georgia, with service areas throughout the United States and North America. Mid-Coast Management, Inc. is a container freight station specifically designed to handle internationally arriving freight for the major retail suppliers through its CFS facilities in Florida, Georgia, Illinois, New York and Ohio. Since its inception, Mid-Coast Management, Inc. has developed relationships with many retailers and also works with Freight Forwarders from around the world.
Additional information about Cargo Connection can be obtained at its website http://www.cargocon.com
The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for forward-looking statements. Certain of the statements contained herein, which are not historical facts, are forward-looking statements with respect to events, the occurrence of which involve risks and uncertainties. These forward-looking statements may be impacted, either positively or negatively, by various factors. Information concerning potential factors that could affect the Company is detailed from time to time in the Company's reports filed with the Securities and Exchange Commission.
SOURCE: Cargo Connection Logistics Holding, Inc.
For Cargo Connection Logistics Holding, Inc., Inwood Peter Nasca, 305-937-1711
[email protected] Copyright Business Wire 2006
(http://bigcharts.marketwatch.com/charts/big.chart?symb=crgo&compidx=aaaaa%3A0&ma=4&maval=5%2C20%2C35&uf=16&lf=4&lf2=2&lf3=256&type=2&size=2&sid=2006240&style=320&time=4&freq=1&comp=NO%5FSYMBOL%5FCHOSEN&nosettings=1&rand=3634&mocktick=1)
Today close @0.0038
I'm in 300.000 @0.0038
(http://bigcharts.marketwatch.com/charts/big.chart?symb=crgo&compidx=aaaaa%3A0&ma=4&maval=5%2C20%2C35&uf=4&lf=4&lf2=2&lf3=256&type=4&size=2&state=15&sid=2006240&style=320&time=4&freq=1&comp=NO%5FSYMBOL%5FCHOSEN&nosettings=1&rand=2819&mocktick=1)
Today close @0.0036 -2,70% VOL = 3.549.864 DECREASING
I'm still holding my position!!
(http://bigcharts.marketwatch.com/charts/big.chart?symb=crgo&compidx=aaaaa%3A0&ma=6&maval=5%2C20%2C35&uf=16&lf=4&lf2=2&lf3=256&type=4&size=3&state=15&sid=2006240&style=320&time=4&freq=1&comp=NO%5FSYMBOL%5FCHOSEN&nosettings=1&rand=757&mocktick=1)
You still hlding CRGO Napoli?
A close above red resistance line will be key, volume follow through needed.
Yes,I'm still holding him!!
Maybe news is coming!!
Closed at the HOD!!
Today we should see a gap! ;D
Yes the chart is looking prime. I will buy once the .006 wall is about chissled down. After that support and hopefully a breakout.
Resistance becomes support, lets see if it is more than a 1 day wonder though, volume is good....
OK its official CRGO has legs, still no news I can find, so need to be careful. CRGO made a similar move in Aug of last year only to give it all back. This time however the move comes off a longer base characterised with less price volatility than prior to the Aug move.
Daily and long term charts attached:
This breakout is carving through resistance both on daily and weekly chart as well as ramping the volume. Crazy trades being posted in pre market (small volume, but up 67%). I am still unsure as to the validity of the move in terms of it being driven by pump/dump or actual behind the scenes news type of thing. Well who cares anyway I'll let the chart tell me when to get off ;)
I have been holding CRGO for quite a while, my first penny ever,first entry in the .020's and added more in the .004's. - was very happy to sell @HOD for .0078 more or less break even after being down bigtime. Well, well of course the rally continues from there.
CRGO is company full of opportunity as well as risk. I wouldn't have bought it @ the price i did if it wasn't for Yahoo having wrong data for outstanding shares. On the other hand, i of course regret not buing @ .002. Buy fear sell greed!
What new traders should be aware of, is that there is a CD of 1 billion shares @ .0025 causing dilution of approx 1 to 3 out. Allowed shares is 5 billion. last time i checked no of outstanding shares was 650 million. the CD is not all a bad thing for CRGO, but unless business is developing very nicely, PPS might be overinflated where it is trading now. 10 k is not far away so, we will know more when it is out ...
Nice Volume at Friday !!
Press Release Source: Cargo Connection Logistics
Mr. David Quach Named New Division President of Cargo Connection Logistics - International
Thursday March 30, 11:06 pm ET
INWOOD, NY--(MARKET WIRE)--Mar 30, 2006 -- Cargo Connection Logistics Holding, Inc. (OTC BB:CRGO.OB - News) names Mr. David Quach to position of President of Its newly named division, Cargo Connection Logistics - International.
ADVERTISEMENT
The company had recently issued a press release announcing that its wholly owned subsidiary, Mid-Coast Management Inc., has changed its name to Cargo Connection Logistics - International to better reflect its focus into the International markets. As part of the new face of Cargo Connection Logistics - International, the company will name Mr. David Quach as the Division's President. The new Division's base of operations will be San Jose, CA. David Quach has been and will continue to be vital and instrumental in facilitating the Company's outreach concerning business opportunities from China and the Pacific Rim for the Company's expansion into the business markets into and out of Asia.
"Having a presence on the West Coast was the first, as well as a critical step that will enable Cargo Connection Logistics to expand its business nationwide," said David Quach. "I am proud to be named as the President of Cargo Connection Logistics - International. My primary goal will be to make Cargo Connection Logistics - International a major player in the logistics business in China and the Pacific Rim as the Company embarks on its goals."
Mr. Quach recently departed for the Pacific Rim and will be spending the next few weeks in Asia. "I am proud to turn over the reigns of control of this Division to David Quach," stated Cargo Connection Logistics Holding, Inc. CEO, Jesse Dobrinsky. "He recognizes the need for expediency in establishing Cargo Connection Logistics - International as a major force in the logistics business in the Pacific Rim. Everyone at the company has embraced his enthusiasm and work ethic and we have made his agenda a major corporate priority."
The company will now focus its attention on the International Arena. Its primary focus will be to secure business from Origins around the world. Its initial focus will be the Pacific-Asian Rim. Dobrinsky also stated that "up until now the Company has always focused its sales efforts in the United States. A very large portion of merchandise coming into the country is controlled from Origin. This is our first foreray into foreign countries for business development. We hope to accomplish this through some of our recently announce joint ventures."
Mr. Dobrinsky will be traveling to the Asian Rim along with David Quach by the end of the month to finalize any contracts that Mr. Quach will be negotiating.
About Cargo Connection Logistics Holding, Inc.
Company: Cargo Connection Logistics Holding, Inc. consists of Cargo Connection Logistics Corp. and now, Cargo Connection Logistics - International (formally Mid-Coast Management, Inc.), which are both headquartered in Inwood, NY. The Company also has offices in Atlanta, GA; Charlotte, NC; Chicago, IL; Columbus, OH; Miami, FL; New York, NY; Pittsburgh, PA. and San Jose, CA. The companies currently provide a comprehensive variety of transportation and warehouse capacity services to shippers throughout the nation. Currently the two companies have a total of 85 employees.
Cargo Connection Logistics is a leader in world trade logistics. Headquartered adjacent to JFK International Airport, the company is a transportation logistics provider for shipments importing into and exporting out of the United States, with service areas throughout the United States and North America. They have container freight station operations specifically designed to handle internationally arriving freight for the major retail suppliers through its CFS facilities in Florida, Georgia, Illinois, New York and Ohio. Cargo Connection Logistics' website is www.cargocon.com.
The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for forward-looking statements. Certain of the statements contained herein, which are not historical facts, are forward-looking statements with respect to events, the occurrence of which involve risks and uncertainties. These forward-looking statements may be impacted, either positively or negatively, by various factors. Information concerning potential factors that could affect the Company is detailed from time to time in the Company's reports filed with the Securities and Exchange Commission, including, without limitation:
-- the Company's ability to increase its revenues, including by obtaining
contacts with foreign shippers;
-- the Company's financial condition, including its ability to continue
as a going concern;
-- the effect of the Company being in default on its indebtedness;
-- the Company's ability to raise additional capital;
-- the Company's reliance on key personnel and independent agents; and
-- the Company's vulnerability to economic and industry conditions
Contact:
Contact:
Peter Nasca
Peter Nasca Associates, Inc.
312-421-0723 Chicago
305-937-1711 Miami
be carefull this will run soon!
::)
i´m in
GAP closing befor this run!
0,01 is the entry Point!
Now gap colsed!!!
So it can go higher!
Press Release Source: Cargo Connection Logistics Holdings
Cargo Connection Logistics Establishes a Memorandum of Understanding to Take to the Air in China and the Pacific Rim
Wednesday April 5, 8:30 am ET
INWOOD, NY--(MARKET WIRE)--Apr 5, 2006 -- Cargo Connection Logistics Holding, Inc. (OTC BB:CRGO.OB - News) today announced that its subsidiary, Cargo Connection Logistics - International, Inc. (CCLI), has executed a Memorandum of Understanding (MOU) with ASG Aviation Services Group Inc. (ASG) of Dallas, Texas.
ADVERTISEMENT
The MOU creates the basis and a platform for the companies to develop a joint venture which the companies believe will yield increased global business opportunities, both independently and in cooperation with each other. CCLI provides full spectrum logistics programs to its global client base while ASG provides specialized global expeditionary and scheduled air logistics options expanding the breadth and depth of multi-modal logistics solutions for the client.
CCLI and ASG separately, and as a joint venture logistics partnership, possess distinctive and supportive competencies which broaden the proposed Joint Venture which is outlined in the MOU.
"The competencies, capabilities and resources of the partners make us a unique team with complementary focus and unique skill sets establishing a world-class third-party logistics presence with common orientation and unique talents complementing the enterprise," said Tom Uglialoro, President and CEO of ASG.
"ASG brings a strong air cargo philosophy and capability to the company," said Jesse Dobrinsky, CEO of Cargo Connection Logistics Holding, Inc. "ASG's ability to field dedicated leased cargo aircraft programs to carryout agile global and regional feeder flight operations brings to CCL the means to affect domestic and international logistics markets.
"Once the joint venture is complete, we will outreach concerning business opportunities from China and the Pacific Rim for the Company's expansion into and out of these business markets," said Dobrinsky.
"Controlling our own aircraft will provide us with a presence in the Pacific Rim which most small forwarders have not even thought about," said David Quach, President of Cargo Connection Logistics - International, Inc. "This will enable Cargo Connection Logistics to expand its business in the areas we are concentrating on in Asia and the Pacific Rim. I am very pleased with the MOU and look forward to leveraging the joint venture. My primary goal will be to make Cargo Connection Logistics - International a major player in the logistics business in China and the Pacific Rim as the Company embarks on its goals and objectives to expand its international operations. The addition of ASG to the Cargo Connection team will help us accomplish that goal."
The Company will now focus its attention on the international arena. Its primary focus will be to secure business from origins around the world with its initial focus on the Pacific-Asian Rim. Dobrinsky said that they anticipate this will be accomplished through some of the Company's recently announced joint ventures.
About Cargo Connection Logistics Holding, Inc.
Company: Cargo Connection Logistics Holding, Inc. consists of Cargo Connection Logistics Corp. and Cargo Connection Logistics - International, Inc. (formally Mid-Coast Management, Inc.), which are both headquartered in Inwood, NY. The Company also has offices in Atlanta, GA; Charlotte, NC; Chicago, IL; Columbus, OH; Miami, FL; New York, NY; Pittsburgh, PA, and San Jose, CA. The companies currently provide a comprehensive variety of transportation and warehouse capacity services to shippers throughout the nation. Currently the two companies have a total of 87 employees.
Cargo Connection Logistics is a leader in world trade logistics. Headquartered adjacent to JFK International Airport, the company is a transportation logistics provider for shipments importing into and exporting out of the United States, with service areas throughout the United States and North America. They have container freight station operations specifically designed to handle internationally arriving freight for the major retail suppliers through its CFS facilities in Florida, Georgia, Illinois, New York and Ohio. Cargo Connection Logistics' website is www.cargocon.com.
About ASG Aviation Services Group, Inc.
ASG Aviation Services Group, Inc. is a privately held non-asset based expeditionary air logistics operations company headquartered in Dallas, Texas. ASG develops supply chain market entry and recovery air cargo logistics programs supporting both ad hoc on demand and long-term logistics needs. ASG is also a leading provider of business continuity air logistics and operations support to commercial and government sector customers. In addition to its Texas headquarters ASG maintains agent and company operations at all major U.S. air freight gateway terminals and an international presence in Mexico and the Middle East.
The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for forward-looking statements. Certain of the statements contained herein, which are not historical facts, are forward-looking statements with respect to events, the occurrence of which involve risks and uncertainties. These forward-looking statements may be impacted, either positively or negatively, by various factors. Information concerning potential factors that could affect the Company is detailed from time to time in the Company's reports filed with the Securities and Exchange Commission, including, without limitation:
-- the Company's ability to increase its revenues, including by obtaining
contacts with foreign shippers;
-- the Company's financial condition, including its ability to continue
as a going concern;
-- the effect of the Company being in default on its indebtedness;
-- the Company's ability to raise additional capital;
-- the Company's reliance on key personnel and independent agents; and
-- the Company's vulnerability to economic and industry conditions
Contact:
Contact:
Peter Nasca
Peter Nasca Associates, Inc.
312-421-0723 Chicago
305-937-1711 Miami
This stock is coming back into the limelight again. Golden Cross hit a little while ago and it looks as if it wants to continue imo. Any thoughts on this?
There are several threads on CRGO and CRGOE...but chose the original from Elite G. Wondering if it could be good to get in?
There was news today.
INWOOD, NY -- (MARKET WIRE) -- 05/08/06 --
To the Shareholders of Cargo Connection Logistics Holding, Inc.
As Chairman of Cargo Connection Logistics Holding, Inc. (OTC BB: CRGOE)
(Berlin: CD6.BE) (Frankfurt: 217026) I wanted to take this opportunity to
provide you with a brief overview of our recent trip to the Pacific Rim. I
believe that the trip to China generated a great deal of interest in
services and systems that our Company can bring to the Chinese marketplace.
Suffice it to say, we believe that the opportunities for our Company in the
world's largest nation are extensive.
While in the Pacific Rim we visited three Countries. Our first stop was in
China where we visited 6 cities. These cities included Beijing, Zhaoyuan,
Shanghai, Quingdao, Chongqing and Shandong. After our visit to China we
went to Singapore. Singapore is currently the largest Ocean Port in the
world and acts as a consolidation port for many of the feeder vessels from
the Pacific Rim transiting freight around the world. Additionally, a
significant portion of our contingent, that was in the Pacific Rim on
behalf of the Cargo Connection Logistics, continued on to Vietnam to pursue
other business opportunities.
Looks like this stock maybe trying to make a comeback. Reached a golden cross recently and cclosed up positive on news.
Has been trading under CRGOE for awhile now.
Any thoughts on this?
INWOOD, NY -- (MARKET WIRE) -- 05/08/06 --
To the Shareholders of Cargo Connection Logistics Holding, Inc.
As Chairman of Cargo Connection Logistics Holding, Inc. (OTC BB: CRGOE)
(Berlin: CD6.BE) (Frankfurt: 217026) I wanted to take this opportunity to
provide you with a brief overview of our recent trip to the Pacific Rim. I
believe that the trip to China generated a great deal of interest in
services and systems that our Company can bring to the Chinese marketplace.
Suffice it to say, we believe that the opportunities for our Company in the
world's largest nation are extensive.
While in the Pacific Rim we visited three Countries. Our first stop was in
China where we visited 6 cities. These cities included Beijing, Zhaoyuan,
Shanghai, Quingdao, Chongqing and Shandong. After our visit to China we
went to Singapore. Singapore is currently the largest Ocean Port in the
world and acts as a consolidation port for many of the feeder vessels from
the Pacific Rim transiting freight around the world. Additionally, a
significant portion of our contingent, that was in the Pacific Rim on
behalf of the Cargo Connection Logistics, continued on to Vietnam to pursue
other business opportunities.
Volume and price on CRGO picked up nicely toward the close. Volume up to over 19million. and the price hit .0179 even though my chart is a little old. Looks to be ready to move especially if it can jump past .02 ;D
Press Release Source: Cargo Connection Logistics Holding, Inc.
Cargo Connection Logistics Corp. Completes DOT Inspection -- Receives Highest Possible Rating
Tuesday July 18, 8:54 am ET
INWOOD, NY--(MARKET WIRE)--Jul 18, 2006 -- Cargo Connection Logistics Holding , Inc. (OTC BB:CRGO.OB - News) (Berlin:CD6.BE - News) (Frankfurt:217026.F - News) today announced that its wholly owned subsidiary, Cargo Connection Logistics Corp., has recently completed a Federal Department of Transportation audit. The process includes a full review of its policies and procedures with regard to driver safety, accident ratings and driver documentation.
The process comprises an in-depth review of Company records that include vehicle inspections and paperwork, driver records including driver logs, paperwork, and accidents. There are only three possible ratings a company can receive, with the best rating being "Satisfactory" which was received by Cargo Connection Logistics Corp.
"We were very thrilled that we received the highest possible inspection rating," said John Lewis Udell, Vice President of Safety for Cargo Connection Logistics. "We are extremely proud of our safety record. It could not happen without the efforts of our great group of professionals working within the department as well as our drivers. We know our safety record is yet another reason our customers place their confidence in our Company."
"As a company, the safety of the driving public is a primary concern," continued Udell. "Our drivers undergo all background checks and physicals required by law."
About Cargo Connection Logistics Holding, Inc.
Cargo Connection Logistics Holding, Inc. consists of Cargo Connection Logistics Corp. and Cargo Connection Logistics - International, Inc. (formally Mid-Coast Management, Inc.), which are both headquartered in Inwood, NY. The Company also has offices in Atlanta, GA; Charlotte, NC; Chicago, IL; Columbus, OH; Miami, FL; New York, NY; Pittsburgh, PA; and San Jose, CA. Cargo Connection Logistics is a leader in world trade logistics. Headquartered adjacent to JFK International Airport, the company is a transportation logistics provider for shipments importing into and exporting out of the United States, with service areas throughout the United States and North America. The companies currently provide a comprehensive variety of transportation and warehouse capacity services to shippers throughout the nation. They have U.S Customs Bonded Container Freight Station operations specifically designed to handle internationally arriving freight for the major retail suppliers through its CFS facilities in Florida, Georgia, Illinois, New York and Ohio. They also have a General Order Warehouse operating in New York.
Cargo Connection Logistics' website is www.cargocon.com.
The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for forward-looking statements. Certain of the statements contained herein, which are not historical facts, are forward-looking statements with respect to events, the occurrence of which involve risks and uncertainties. These forward-looking statements may be impacted, either positively or negatively, by various factors. Information concerning potential factors that could affect the Company is detailed from time to time in the Company's reports filed with the Securities and Exchange Commission, including, without limitation:
-- the Company's ability to increase its revenues, including by obtaining
contacts with foreign shippers;
-- the Company's financial condition, including its ability to continue
as a going concern;
-- the effect of the Company being in default on its indebtedness;
-- the Company's ability to raise additional capital;
-- the Company's reliance on key personnel and independent agents; and
-- the Company's vulnerability to economic and industry conditions
Press information at: http://www.cargocon.com/headlines.html
Contact:
Contact:
Peter Nasca
Peter Nasca Associates, Inc.
Miami 305-937-1711
Chicago 312-421-0723
--------------------------------------------------------------------------------
Source: Cargo Connection Logistics Holding, Inc.
Nice volume an price action today.
Volume: 19,279,053
Avg Vol (3m): N/A
Candlestick Analysis
Today's Candlestick Patterns:
White Closing Marubozu
Today a White Closing Marubozu was formed. This shows that the day opened and then prices went lower slightly, however it was followed by a rally that drove the prices over the opening price and the rally continued all day ending with a closing price equal to the high of the day.
CRGO...broke above .02. Volume looking good. ;D
Nice close...nice volume.. ;D
No time to run my mouth.... ;D
Looking good.... ;)
Press Release Source: Cargo Connection Logistics Holding, Inc.
Cargo Connection Logistics - International Continues International Expansion
Tuesday July 25, 5:30 am ET
Company Positioned to Be U.S. Provider for New Trade Initiative After Sending Representatives to San Jose, Costa Rica
INWOOD, NY--(MARKET WIRE)--Jul 25, 2006 -- Cargo Connection Logistics Holding, Inc. (OTC BB:CRGO.OB - News) (Berlin:CD6BE.BE - News) (Frankfurt:217026.F - News) today announced that its wholly owned subsidiary, Cargo Connection Logistics - International, Inc., recently sent a contingent of representatives to San Jose, Costa Rica with the purpose of developing business opportunities, particularly in support of the small to medium-sized Costa Rican exporter base.
The meetings in Costa Rica, which occurred during the latter part of the second quarter of 2006, lasted for three days with a direct focus on exponentially growing the amount of goods of small and medium-sized companies' (pequeñas y medianas empresas, known as "PyMEs") through successful exports into the United States market. This would be initiated through a program designed to plan, coordinate, and facilitate an advanced international trade platform that will enable small and medium-sized Costa Rican exporters to compete and succeed in the global marketplace.
The sessions included contingents representing Cargo Connection Logistics - International, Costa Rican members from Rex International Cargo, The Costa Rican Export Promotion Bureau ("Procomer"), Banco Nacional - PyMEs, The Chamber of Agro-Industrial Companies and The Ministry of Economics, Industry and Commerce (M.E.I.C.). It was noted that Costa Rica has recently elected a new political administration with an interest in Central America Free Trade Agreement (CAFTA).
As a result of this initiative, the PyMEs exporters of Costa Rica will have the opportunity to become a united front for the purpose of cooperative purchasing power with regard to buying of space and transportation. Cargo Connection Logistics - International will be the U.S. provider for this project, providing all services in the United States related to Vendor Managed Inventory, domestic transportation, distribution, and full-scope third party logistics (3PL) support. Additionally, Cargo Connection Logistics will provide general sales agents to assist in marketing the Costa Rican products.
"We are very excited to be a part of this program," said William Perry, Director of International Business for Cargo Connection Logistics - International. "Through this solution-focused program, we see immediate benefits for the more than 1,200 current PyMEs exporters from Costa Rica and the opportunity for Cargo Connection Logistics to strengthen their distribution and logistics platform with strong volume potential."
About Cargo Connection Logistics Holding, Inc.
Company: Cargo Connection Logistics Holding, Inc. consists of Cargo Connection Logistics Corp. and Cargo Connection Logistics - International, Inc. (formally Mid-Coast Management, Inc.), which are both headquartered in Inwood, NY. The Company also has offices in Atlanta, GA; Charlotte, NC; Chicago, IL; Columbus, OH; Miami, FL; New York, NY; Pittsburgh, PA; and San Jose, CA. Cargo Connection Logistics is a leader in world trade logistics. Headquartered adjacent to JFK International Airport, the company is a transportation logistics provider for shipments importing into and exporting out of the United States, with service areas throughout the United States and North America. The companies currently provide a comprehensive variety of transportation and warehouse capacity services to shippers throughout the nation. They have U.S. Customs Bonded Container Freight Station operations specifically designed to handle internationally arriving freight for the major retail suppliers through its CFS facilities in Florida, Georgia, Illinois, New York and Ohio. They also have a General Order Warehouse operating in New York.
Cargo Connection Logistics' website is www.cargocon.com.
The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for forward-looking statements. Certain of the statements contained herein, which are not historical facts, are forward-looking statements with respect to events, the occurrence of which involve risks and uncertainties. These forward-looking statements may be impacted, either positively or negatively, by various factors. Information concerning potential factors that could affect the Company is detailed from time to time in the Company's reports filed with the Securities and Exchange Commission, including, without limitation:
-- the Company's ability to increase its revenues, including by obtaining
contacts with foreign shippers;
-- the Company's financial condition, including its ability to continue
as a going concern;
-- the effect of the Company being in default on its indebtedness;
-- the Company's ability to raise additional capital;
-- the Company's reliance on key personnel and independent agents; and
-- the Company's vulnerability to economic and industry conditions
Press information at: http://www.cargocon.com/headlines.html
Contact:
Contact:
Peter Nasca
Peter Nasca Associates, Inc.
Miami 305-937-1711
Chicago 312-421-0723
--------------------------------------------------------------------------------
Source: Cargo Connection Logistics Holding, Inc.
"CRGO.OB" Threads have been Merged.
Please use the search before starting new threads on a Stock Pick.
Chances are a thread already exist.
So why not post whatever you have to comment about on that pick to that thread.
"Simplicity" My fellow traders. ;D
All history on a stock pick in 1 thread is awesome. ;)
Just trying to get threads together,so we don't have a numerous amount floating around on the same stock. :( ::)
Thank You....and good luck with all your trades....make some $$$ ;)
Friday's closing chart.......