I think it is crass and crude, but Jesse probably deserves it.

He should have FILED on time and should have put a PR out about the earnings release, and put some spin on it.

Instead he filed late and we hear NO SPIN.

Wake up Jesse, this is the penny market and you need to throw the dogs a few bones to keep em hunting.... lol.

Just remember one thing, deathdrops occur for a reason and many bounces are dead cat bounces, Look at CRGO Chart.

You better be nimble and not try to buy and hold. I should know, I have been buying CRGO this week

Oh well, I am all in now with 3 million plus shares. I won't sell even if it goes to .0001! After watching GZFX rally to .025 yesterday with about 5 times the outstanding and about 1/10 the revenues, I realize it's not about the results, it's about the story.

I think we need to help Jesse develop a story, then we need to e-mail the story to Jesse, and see if he really wants to increase shareholder value.

I believe the China angle would be a good start, how revenues are increasing much faster than expenses..... etc.

I still believe we will see over .01 and maybe even the .02's or higher if they can show profits this quarter.

Falling fuel prices and the "peak season". So let's see what happens.

Hey chuckerfmfla- I'm only posting what I read in the 10Q. If you can't trust SEC filings, then what can you trust? Of course filings can be ammended

Tanail, all these startups have convertibles, look at GZFX filings. Absolutely horrible. Now look at the stock.

Looks like CRGO lost a major contract this summer, and didn't get it replaced yet. That is what the CHINA guy is supposed to fix.

The filing also states they lost a Trucking customer, but they were able to replace that revenue. Now they need some REAL GROWTH.

So they stumbled out of the gate... the race is not over yet!

Do like I am doing, I'm buying more, the lower it goes. Thank goodness I flipped em, bought some yesterday, and bought some more today. Will keep adding on dips, because this stock WILL SEE OVER .01 again. Gotta get that average down! GLTY

Nice PIC - lol

Looks like GZFX printing SHOOTING STAR REVERSAL TOPPING TAIL today

http://www.litwick.com/indicators/1235.html

Here is the chart- COMPARE
http://stockcharts.com/def/servlet/SC.web?c=gzfx,uu[w,a]daclyyay[db][pb5!b13][vc60][iut!Ub14!Lh14,3]...

CRGO - 10Q out after close! CRGO - market cap only 3.1 million dollars for over 16 million in revenue company. Bottom line is the stock price is WAY undervalued for the revenues it NOW HAS.

At .012 and a 6.2million dollar market cap, the stock would be still over 50% undervalued.

Do we understand?

CRGO - 10Q out after close! CRGO - market cap only 3.1 million dollars for over 16 million in revenue company. Bottom line is the stock price is WAY undervalued for the revenues it NOW HAS.

At .012 and a 6.2million dollar market cap, the stock would be still over 50% undervalued.

CRGO - 10Q out after close! CRGO - market cap only 3.1 million dollars for over 16 million in revenue company. Bottom line is the stock price is WAY undervalued for the revenues it NOW HAS.

At .012 and a 6.2million dollar market cap, the stock would be still over 50% undervalued.

Do we understand?

FUTURE OUTLOOK

The Company has taken many steps recently to improve upon shareholder value. All the actions and steps taken are in the pursuit of accomplishing this goal. In recent months the Company has gone through changes, from its focus on industries (was on Beverage, now on Transportation and Logistics), change in Management (previous Officers and Directors have resigned and are replaced with new Officers and Directors) as well as a Corporate name change (from Championlyte Holdings, Inc. to its current Cargo Connection Logistics Holding, Inc.) that have all been done for the future. We believe that the Company's core focus should be on the Transportation and Logistics industry and those businesses and needs that it complements. The first entry into this industry was though the acquisition on Cargo Connection Logistics Corp. and Mid-Coast Management, Inc. These companies give the Company a solid base in becoming a partner of the logistics community. Cargo Connection is capable of being the Domestic transportation partner for those International companies who require assistance throughout the United States. Mid-Coast has the facilities to assist companies with their freight by either holding the freight in their bonded facilities or possibly sorting freight for the client while the goods are clearing customs in its Customs approved Container Freight Stations. The Company will be looking at other areas to become involved in that complement the needs of the industry, either by adding additional services, helping to form entities that have specific attributes or through acquisitions. One of these entities that we are partnering in is Independent Transportation Group (ITG). ITG has the ability to attract independent contractors and other carriers to perform work on behalf of Cargo Connection Logistics and Mid-Coast. The primary goal of the new division is to assist the Company in increasing the size and scope of its driver fleet, while offering agents comprehensive packages for medical insurance, profit sharing plans, as well as other benefits. In addition, in an effort to cure some of Mid-Coast's financial condition, Mr. David Quach has joined the Gargo Connection team to enhance business that should utilize the Mid-Coast facilities. Mr. Quach brings experience in dealing with emerging growth companies developing Pacific Rim relationships. These additional enhancements will require additional financing for us and there can be no assurances that we will obtain any of the additional financing needed to accomplish our plans. If we are unable to secure additional financing to complete our restructuring and implement our plans, we will have to rethink our timeframes to accomplish the business model we are setting out.

Actually, because Mid-Coast lost a major client, it appears that CRGO will be short about 1 million per quarter this year in revenues, and, I saw a projection on their website of 20 million dollars this year, which has previously been removed from the history site.

Anyway, that would be 16 million dollars which would leave 5.5 million dollars for the 4th quarter. If you look at the 10Q you can see that they lost operating profits of 260,000 this quarter on 3.8 million in sales.

If you figure 5.5 million dollars for the 4th quarter, and you assume a slightly smaller percentage of expenses, then the company will show OPERATING PROFITS in the 4th quarter.

Then, if the CHINA connection helps Mid-Coast to regain revenues, plus some new growth from Trucking and Airline contracts, CRGO could have a PROFITABLE YEAR in 2006.

You have to remember, this stock was at 2.5 cents, now it is at .006 cents. That is 75% down. The revenues are about 20% down. Stock should be trading at .015!

GLTY

3,833,413 is the total revenues posted, and I was afraid it might be just 3 million, so that is a good number!

Now here is the kicker...

With 3,833,413 in revenues, direct operating expenses were

2,833,011 and GROSS PROFIT was 1,000,402.

Total indirect operating expenses were 1,263,313 leaving a shortfall of just $262,910.

Now assume that in the 4th quarter CRGO does 5,900,000 in revenues, which is an entirely belivable number. That would give 1.5 million in gross profits, assuming the same ratio of direct operating expenses. Now give indirect operating expenses an increase of 40,000 dollars, and CRGO will show NET OPERATING PROFITS in the 4th quarter of 200,000 dollars!

Looks like someone has been lying about the outstanding shares.


State the number of shares outstanding of each of the issuer's classes of common
equity, as of November 21, 2005: 528,817,797 shares of common stock
outstanding, $.001 par value.

10/21/05 10QSB filing

10Q is out! Haven't read it all, it is about like I figured it would be, I'll be back and give you my thoughts once I have read it all.

At first glance, I see some positive things, I believe the market has over-discounted the share price!

LOL - I loaded a bunch of CRGO on the dip today, and ran the price right back up. Check time and sales, it won't be hard to see where I was buying mid-day.

GLTY

CRGO earnings due out TODAY - could really pop! HOD now

I couln't stand it, had to buy em back on the dip today, several million shares of the recent buys are mine! BRING ON THE 10Q. P.S. It took 6 buys over the ask to get all my shares, they are hard to come by.

Ok, let's see the numbers.

I believe Monday will be excellent day to flip GZFX, hope it gaps up on the open. I expect it will with max hype from the CC ad. Then there will be a breathtaking fall as the penny traders all flip it. So I think there will a good opportunity to pick it back up in the .009 to .01 area in a week or two as the CC hype wears off.

GLTY

Just for that nasty comment I'm dumping all my GZFX shares Monday.

firefight4 - That's the point I am making about the links. Paste that link into your browser address bar and you are taken to CC website and the GZFX ad. There is a big green go to GZFX link that will give CC credit for anyone going to GZFX from CC website, but there is another link in the word HERE under contact info down at the bottom of the ad.

Clicking that link takes someone to the GZFX website where they can also subscribe and CC will get no credit for the subscription.

Obviously none of those on this board care. Oh well, I'm done posting about it.

Well, anyone going from CC site to GZFX by clicking on the contact info link, will get into GZFX site from CC site without having to give CC any credit. If you don't care, I certainly don't care, lol.

dfwyatt, lol, slow down and listen a minute.

http://www.gameznflix.com/support/index.asp

That is where the link takes you.

If you click on the link on the word HERE, on contact information.

Contact Information:

Please contact GameZnFlix directly with any questions about its services:



GameZnFlix Inc

130 W. Kentucky St

Franklin, KY 42134



or visit us here for more information.

Try it and show me where the kbid is...

GZFX has link on CC website that CC gets NO MONEY FROM!
http://www.circuitcity.com/ccd/genericContent.do?oid=137784&c=1&cm_re=Entertainment-_-Gamezn...


So if a customer were to click on the contact information link to GZFX,
( or visit us here for more information.),
they are on the GZFX website, but then if they decided to register, GUESS WHAT? Nothing at all about CC and they can register for the free trial plans and the 6 out at a time and I believe CC gets no credit and no commission for the subscriber.

Interesting - found this on RB board

GZFX has link on CC website that CC gets NO MONEY FROM!
http://www.circuitcity.com/ccd/genericContent.do?oid=137784&c=1&cm_re=Entertainment-_-Gamezn...


So if a customer were to click on the contact information link to GZFX,
( or visit us here for more information.),
they are on the GZFX website, but then if they decided to register, GUESS WHAT? Nothing at all about CC and they can register for the free trial plans and the 6 out at a time and I believe CC gets no credit and no commission for the subscriber.

PRGX - Major Nasdaq bounce play - .33 for $3.00 stock! A lot of info available on RB PRGX board.

RSI is 20! Any positive news will be a 2 or 3 bagger, imo.

Well I unloaded the rest of my CRGO Cargo, over .006 today, so I don't have a position now. Will read the Q and try to decide whether to try again. Today's PR was just fluff folks, hope there is some meat in the Q. Heck, just hope there is a Q.

I actually had a positive week overall with my other trades way outpacing my losses, since I was able to cut my losses in CRGO considerably today. Any way, I'll come back and post about the Q whenever it is filed.

GLTY

Would 90% be considered deathdrop? PRGX is Nasdaq and is bouncing around at .35 from drop from $3.00 level.

It appears they are making major restructuring moves outside of BK, and that is not even being considered. RSI is about 20 and has been down there several days.

I sold half of CRGO, made a little on GZFX with the proceeds and now the money is in PRGX. FWIW

I'm speechless, at a total loss... Where's the Q?

I agree OTCBB is dead, look at PRGX - Nasdaq stock and RSI is about 20. It was way oversold when they mentioned the restructuring word, but this restructuring appears to be progressing without any mention of the BK word, and recent
developments seem to indicate this turnaround candidate is on track. They need to get it to $1 to maintain Nasdaq listing, so at least easy 2 bagger from here.

Here is link to RB board for some reading of recent developments.


http://ragingbull.lycos.com/mboard/boards.cgi?board=NASDAQ%3APRGX&origsymbols=prgx

Thank for CURN lucky2 - right now PRGX looks like it may be faster, but I will watch for the volume coming into CURN

PRGX - Nasdaq - OVERSOLD CHART - RSI 20 - Turnaround play

http://stockcharts.com/def/servlet/SC.web?c=PRGX,uu[w,a]daclyyay[db][pb5!b13][vc60][iut!Ub14!Lh14,3]...

With the RSI overbought over 70, it might gap and trap today. ARCA and VFIN were large sellers yesterday, because with the huge volume I would have thought the stock would have doubled, but they kept it down. Anyway, I expect a fly in the ointment short term, and will buy PRGX on an RSI at 20 for a bounce play. Maybe I buy GZFX back next week, higher or lower. Good luck to you guys! And Gals.

I'm selling GZFX to buy PRGX because of the RSI signals. GZFX is in the overbought danger zone, and PRGX is screaming buy.

You might like to do some DD on Nasdaq PRGX, normally a $3 stock that is selling for .30. The chief restructuring officer just released a PR about his options that vest when the stock hits $4 a share!

Anyway, here is the chart, look what happened to TASR when the RSI was as low as this chart, plug in TASR.

http://stockcharts.com/def/servlet/SC.web?c=prgx,uu[w,a]daclyyay[db][pb5!b13][vc 60][iut!Ub14!Lh14,3]&pref=G

Could be a big winner, do some DD.

makingbacon- re PRGX - I have done a good bit of DD and wasn't going to buy it fearing BK, but I believe that with a book value of $1.49 per share the stock might actually rise for awhile if they filed Chapter 11 and allow me to get out.

Otherwise, they pull off the restructuring and go back to $3.00 in a year and I have a 10 bagger!

Worst case, I lose my 10 grand I invested in it, best case, I net 100 grand. I will be watching it closely though!

Short term though, it could pop on news, and if I got .90 fast, I would probably just take it!

Major RSI buy signal on PRGX - Nasdaq stock - 10Q disappointed and major selloff - restructuring chief took options at .28 and stock traded .28 and .29 today. Fundamentals are bad, but major investor offered over $3 per share buyout just 3 months ago.

Do some DD on it.

http://stockcharts.com/def/servlet/SC.web?c=prgx,uu[w,a]daclyyay[db][pb5!b13][vc60][iut!Ub14!Lh14,3]...

I just wish I had sold em all at .007's, I might be buying back in .004's, but now I am a CRGO bagholder, lmao.

At this point it's like a bad poker game, sitting on a pair of .005's and I decided to call so I can see the earnings hand!

I'm going to flip GZFX tomorrow that I bought with the 1/2 of CRGO shares I did dump, and buy Nasdaq PRGX hopefully a turnaround situation. Their new restructuring guy took options at the price it is trading at now.

Ok, Show me the earnings, Jesse!

No, it is only 5 days to file the 10Q or they get the E and possible banishment to pink sheets.

I really think they will file by early next week, but Dobrinsky and Goodman better wake up to the ways of the OTCBB in a hurry and realize that credibility is all important. The only way to make anyone hold shares in a sub-penny stock or a single penny stock is to show solid, steady, progress, and have the dependable credibility.

Cargo seemed to start that way, but after the "dilution" PR it has been all downhill ever since.

Oh well, maybe they will announce BLOWOUT EARNINGS. Somehow, I think it that were the case, they would have found a way to get the filing out on time.

Yea, I sold half yesterday, and should have sold it all. I really thought these guys were going to try to operate a legit public company, and I even supported the dilution as a necessary evil in a new OTCBB to help em get going.

Now I am not so sure. Someone mentioned that the revenue projections on the history page of their website have been removed, you know the ones that said 20 million in projected revenues THIS YEAR. And the ones that predicted 25% growth NEXT year.

And now we have the China guy, and the 10 million projected increased in possible revenues?

Makes me wonder if it's all just pump. However I still have way too many shares and am not going to bail now, just glad I put yesterday's cash into GZFX early today and got 18% gain. Makes it easier to watch em dump this stock.

At this point, I'm just holding and hoping some of the early fire this company had will return, but I don't plan to put 1 penny back into this stock until I know it is actually growing again and not possibly shrinking.

GLTA

I notice a lot of companies didn't file, maybe they think it is the 15th when the Q's are due. GZFX, ENUI, and CRGO are due to file and didn't file today, so I assume either a NT10Q or a 10Q tomorrow.

I hope management realizes that filing late on a regular basis makes OTCBB stocks look really scammy. I understood the reason last quarter, but DON'T MAKE A HABIT OF IT.

If MSFT and INTC can file only 2 or 3 weeks after the end of the quarter, you would think a small outfit like CRGO could file even BEFORE the deadline.

I sold half my holdings today, not sure why, but I just didn't like the way the stock was acting. Oh well, maybe we will get pleasant surprise. GLTA