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Thursday, 07/31/2014 3:02:45 PM

Thursday, July 31, 2014 3:02:45 PM

Post# of 24361
Like to share this with the board, Carl ICAHN Owns KDUS currently at $1.66 looks like it was a shell company now its back in business.

http://finance.yahoo.com/news/cadus-announces-completion-rights-offering-202820461.html

Cadus Corporation (OTCQB: KDUS) announced today the results of its rights offering. Pursuant to the rights offering, subscription rights to purchase 13,144,040 shares of Cadus' common stock were exercised, resulting in gross proceeds to Cadus of approximately $20.1 million. The registration statement relating to the rights offering that was filed with the Securities and Exchange Commission was declared effective on April 29, 2014. The rights offering was made by means of a prospectus filed by Cadus with the Securities and Exchange Commission on April 30, 2014.

http://finance.yahoo.com/q/it?s=KDUS+Insider+Transactions


http://biz.yahoo.com/e/140310/kdus8-k.html

Hunter C. Gary became a director of Cadus in February 2014 and was appointed President and Chief Executive Officer of the Company on March 5, 2014. He has served as Senior Vice President of Icahn Enterprises L.P. (a diversified holding company engaged in a variety of businesses, including investment, automotive, energy, gaming, railcar, food packaging, metals, real estate and home fashion) since November 2010. Prior to that time, Mr. Gary has been employed by Icahn Associates Corporation, an affiliate of Icahn Enterprises L.P., in various roles since June 2003, most recently as the Chief Operating Officer of Icahn Sourcing