CDIV NEWS!
Cascadia Investments Announces Plans to Move up to OTC Bulletin Board Date : 03/25/2010 @ 9:01AM
Source : MarketWire
Stock : Cascadia Investments, Inc. (CDIV)
Quote : 0.37 0.0 (0.00%) @ 8:33AM
Cascadia Investments Announces Plans to Move up to OTC Bulletin Board
TACOMA, WA -- (Marketwire)
03/25/10
Cascadia Investments, Inc. (PINKSHEETS: CDIV). Due to its success to date, its current valuation, and its attainment of qualifying milestones, Cascadia will shortly undertake the process of becoming a fully reporting corporation with the SEC.
This move will provide greater accountability and transparency for shareholders, expanded access to capital sources, and optimal growth of business operations. The company believes the decision to up-list to the Bulletin Board will go a long ways toward addressing the issues related to the shorting of company stock.
In making the announcement, Cascadia CEO, Nazir Maherali, stated, "The growth we are seeing is exciting and we feel that an up-listing will aid our expansion while helping us to capitalise on greater financial opportunities. It has always been a goal of Cascadia to provide liquidity and growth for its shareholders. It is something we have planned since inception."
Cascadia Investments, Inc. (PINKSHEETS: CDIV) is a publicly traded company operating in the Pacific Northwest that focuses on developing and/or acquiring cutting-edge Internet businesses. The company's principal objective is to create equity and long-term earnings for its shareholders through the acquisition and development of its social media, gaming, and other web-based businesses.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Except for historical information, the forward-looking matters discussed in this news release are subject to certain risks and uncertainties which could cause the Company's actual results and financial condition to differ materially from those anticipated by the forward-looking statements including, but not limited to, the Company's liquidity and the ability to obtain financing, the timing of regulatory approvals, uncertainties related to corporate partners or third-parties, product liability, the dependence on third parties for manufacturing and marketing, patent risk, copyright risk, competition, and the early stage of products being marketed or under development, as well as other risks indicated from time to time in the Company's filings with the Securities and Exchange Commission. The Company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events. All trademarks and copyrights remain the property of their respective owners and no association is express or implied.
Cascadia Investments, Inc.
Tel: 253-383-7194
