Stock price of Church and Crawford Inc (PINK:CCWF) is running down these days. The fall started on Tuesday, and yesterday the 
stock lost the phenomenal 64.29% of its price, on a traded volume of 6 million shares.
The strangest thing here turns out to be the fact that CCWF is falling down despite its recent promotions. The campaign was held on Tuesday and Wednesday, when CCWF was promoted by a few different promoters for a total compensation of $16,500. However, instead of moving up, CCWF stock price crashed down and its next move looks unpredictable.
Desperate to cut off the loss, yesterday Church and Crawford reported the securement of the global licence to use the technology and patents of the Orexis application. The company called it a revolution in multi-billion call centre industry, trying to pump up its stock price. However, the result is still to be seen.[BANNER]
Church & Crawford is a provider of Mobile To Company Integration (MTCI). Unfortunately, the company’s latest report looks completely discouraging.
CCWF is considered a development stage company with no assets and/or capital and no material operations or income. In addition, its 10-Q is full of losses and liabilities, accompanied by huge accumulated deficit and poor cash.
Based on these results, CCWF should either find additional financing for its operations, or keep existing under a going concern.
