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