Replies to post #1237 on Cargo Connection Logistics (fka CRGO)

[Tanail]

I am having a hard time figuring out what Cargo might be worth. How is the transportation industry valuated ?


I did a bit of surfing and came accross this site:

http://www.businessesforsale.com/


there are several trucking businesses for sale on the site. In average it looks like the price of the business is about 1x sales

that would put CRGO somewhere aound 4 cents


any thughts ?

B