Cascadia Investments (CDIV)

[Insiderbuys]

I did some DD on Regulation SHO

Read Bold section below

Here is the SEC link for "Key Points About Regulation SHO"

http://www.sec.gov/spotlight/keyregshoissues.htm

See section IV. Threshold Securities

A. The Basics
1. What is a Threshold Security?

Threshold securities are equity securities that have an aggregate fail to deliver position for:


five consecutive settlement days at a registered clearing agency (e.g., National Securities Clearing Corporation (NSCC));


totaling 10,000 shares or more; and


equal to at least 0.5% of the issuer's total shares outstanding.16

Threshold securities only include issuers registered or required to file reports with the Commission ("reporting companies"). Therefore, securities of issuers that are not registered or required to file reports with the Commission, which includes the majority of issuers on the Pink Sheets, cannot be threshold securities. This is because the SROs need to look to the total outstanding shares of the issuer in order to calculate whether or not the securities meet the definition of a "threshold security." For non-reporting companies, reliable information on total outstanding shares is difficult to determine


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