For the fiscal year ended 12/31/03, total revenues increased 32% to $742 thousand. Net loss from continuing operations decreased 21% to $2.8 million. Revenues reflect an increase in product sales. Lower loss also benefitted from the absence of $543 thousand in goodwill impairment charges.
You said:
I quickly looked through their latest 10K (CRGQ) and was really surprised at how poor they seem on paper, penny warrants and options everywhere I looked. Then what they are trading for? Go figure. Not one I was interested in investing in. To each their own, I guess.
I say: What does that say about financials playing a big part in getting on a Big board? Sounds like if you are a good story stock you can get on the AMEX.
OT: KP - found this information regarding CXN on the yahoo message board it is real cool to see a former OTC stock have it's own yahoo message board. I hope to be posting on the yahoo message board for VTSI sometime this year.
Stockholder since 2000 by: sharkton Long-Term Sentiment: Buy 04/10/04 12:17 am Msg: 13 of 14
I've been in and out and back in to CXN(CRGQ)since year 2000. I bought when they went public. After two 2:1 splits and a run from .25 to 2.97. I sold for a nice profit of 3X. I bought back in a few months ago.
This company seems to be on the move for its shareholders profit with much management integrity...However, one must think long term to maximize profits.
I'm looking for 6X in two years.....without the fear of a reverse split.
Re: Stockholder since 2000 by: SSPARSONS Long-Term Sentiment: Strong Buy 04/10/04 07:21 am Msg: 14 of 14
The number of outstanding shares is about thirty million. Less than twenty million shares are in the float.
A reverse split isn't likely to occur, IMO. ssparsons
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