CRGO.OB - any thoughts traders?

[eliteG]

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

[gmarc66]

Hi Eliteg,

just noticed that crgo is moving today.

Do you think it still has any further potential?

thanks very  much,

julia
hope ur trades r going well!

[gmarc66]

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

[AussieTrader]

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.

[evgeny05]

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]

[evgeny05]

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]

[gmarc66]

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

[MaximusTT]

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 ?...

[atalltexan]

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.

[higherstocks]

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.

[ehos]

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.

[RJ]

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..

RJ

[higherstocks]

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.

[ehos]

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!

[johnathanchill]

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...