Yes I do believe I do know more than Mr Lau, regarding Chinese ecommerce. Hence why I notified you all of the Chinese ecommerce changes and he did not and has not.
All the brands you just mentioned are great. Where there only a few brands in the market. And those brands now have the ability to handle their own operation cheaper and more direct.
Do you understand?
Ecargo is now redundant. And it was I that alerted you to the fact.
They have 31M to spent on what?
They use Magento as outlined in the IPO as their ecommerce platform. Where do you think Mr Lau can direct this if he is this good? He has already missed the China changes. No get back to the point and the reason I and many in this space did not invest - It is a freight and logistics company trying to extend into ecommerce. The business is not even global.
You obviously have money invested. You have a choice support the company or get out.
The other brands were mentioned as below in the email that Investorlink sent with the IPO
In Australia, John Lau and Christopher Lau, Chief Executive Officer of eCargo, are well known by many of the nation’s leading retailers, through their work with Cargo Services Far East, an operating arm of CS Logistics. Both John and Christopher respectively have worked alongside major household names in Australian retail and fashion, including BCF, BIG W, Breville, Bunnings, Dan Murphy’s, Esprit, Forever New, Harris Scarfe, Jeanswest Australia, Kathmandu, Masters, McPherson’s Consumer Products, Myer, Rebel Sport, Smiggle, Supercheap Auto, The Reject Shop and Woolworths Supermarkets, powering their international supply chain expansion and sourcing activities.
It would seem some of us have researched the situation allot more than others.
ECG Price at posting:
32.0¢ Sentiment: Sell Disclosure: Not Held
