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Saturday, December 01, 2012 1:09:36 PM
Really? Why does the Q3 state:
Logistics & Transportation: Northeast Expedite Logistics, LLC (“NEEL”) is a provider of global logistics services, which includes a domestic service center and exclusive and non-exclusive agents. The Company’s customers include retail and wholesale, electronics, and manufacturing companies around the world. With industrial production increasing year-over-year, the shortage of qualified drivers and trusted shipping partners is apparent in mid-markets for local deliveries. As the economy improves, orders for delivery and logistics increase. We provide foundational shipping and coordination services between suppliers and destination businesses and warehouses, and we operate efficiently through cloud based tracking.
And why on earth did WAFR put out a PR about acquiring more trucks:
The company will be utilizing a portion of the $10M in secured financing to increase the operating capacity of NEEL. Each additional truck we add to the company increases the revenue by $25,000 monthly. We have a projection of adding ten (10) additional trucks this year, resulting in an increase of revenue by approximately $250,000 monthly, or $9 million over the following 36 months.
May 30, 2012
http://www.marketwire.com/press-release/wafr-announces-q1-2012-financials-and-plans-for-increase-in-neel-operations-pinksheets-wafr-1662986.htm
Why does the story keep changing?
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