3SOF

Bidding up on this news...who knows 

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!   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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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   

Today close @0.0038

I'm in 300.000  @0.0038

Today close @0.0036  -2,70%   VOL = 3.549.864  DECREASING

I'm still holding my position!!

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!

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