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Cascadia Investments, Inc. Announces Share Count

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EarnestDD   Friday, 12/17/10 01:12:26 PM
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Cascadia Investments, Inc. Announces Share Count
Cascadia Investments (USOTC:CDIV)
Thursday 16 December 2010

Cascadia Investments, Inc. (PINKSHEETS: CDIV) announced today that it is in possession of the Objecting Beneficial List (OBO) list prepared by Broadridge Investor Communications. The OBO list provides a share count of objecting beneficial owners without revealing personal information regarding those shareholders. The list obtained by the company indicates there are a total of 179 OBO holders holding 10,656,602 shares.
The NOBO list has indicated that 49,279,059 shares are being held by shareholders including institutions. A NOBO list gives a more complete and comprehensive shareholder profile

The company's transfer agent, Signature Stock Transfer, confirmed that 65,325,500 free-trading shares are issued and outstanding. The Depositary Trust and Clearing Corporation confirmed that it holds 61,575,007 shares at this time. The differences of 3,750,493 shares are held by shareholders but are not in the system.

Management reports that in its effort to provide greater transparency, it has done a full audit on all the shares that are issued and outstanding. It was suggested by Cascadia management that investors may wish to notify their brokers and/or their clearing houses to place their stock on a "no loan" list

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