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PENNY WATCH
Posted On: 08/25/2015 12:43:56 PM
Post# of 40420
Posted By: tommyboyboy
Re: zigzagman #1141
$CRWG's management has been making changes to the cost structure aimed at improving profitability. In May 2014, $CRWG sold off some of its legacy assets in order to shore up its balance sheet and raise cash. While platform fees and payroll costs have risen from its subsequent Plaor acquisition, $CRWG believes that ongoing revenue growth will offset and leverage these higher expenses as it achieves scale.

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