Replies to post #172580 on Cascadia Investments (CDIV)

[loanranger]

"As you can see the SEC is investigating the other company based on the PR's re acquiring Monks Den amongst the other reasons mentioned but it does not state that Monks Den or FLD's nor CDIV are under SEC investigation......"

The "other company's" suspension notice would not be expected to refer to an investigation into another entity.......that should be obvious.
However, the "other company" has told its shareholders that it was "complying fully with the requests by the SEC regarding the investigation, “in the matter of Monks Den”." The use of the phrase “in the matter of Monks Den”, assuming that the "other company" was truthful, clearly indicates that Monk's Den is/was under investigation and that there were issues above and beyond the issue of the acquisition. "In the matter of" is a phrase used regularly to formally describe an SEC subject of investigation.

There isn't any public notice that I've read that indicates that CDIV is under investigation, but it's reasonable to think that their operation, as well as those of the other FLD targets, would be reviewed as part of the the activities investigated "in the matter of Monk's Den".

[MinnieM]

As I stated in the post you replied to:

"The probability is very high that all of his FLD plays are also under investigation. CDIV is especially at high risk for a variety of reasons."

If nothing else, all of the investors calling the SEC to investigate the NSS will have raised notice for this company.

I stand by my statement since it is very relevant.

Btw, it is very unlikely that there is a NSS position here.






In Reply to 'Yianni'

Thank you Karen for posting this . As you can see the SEC is investigating the other company based on the PR's re acquiring Monks Den amongst the other reasons mentioned but it does not state that Monks Den or FLD's nor CDIV are under SEC investigation, therefore you're basing your risk factor on what?......your opinion?


Quote:
------------------------------------------------------------------The Commission temporarily suspended trading in the securities of 8000, Inc. because of questions that have been raised about the accuracy and adequacy of publicly disseminated information concerning, among other things, a cash dividend the company announced it would pay stockholders and Monk’s Den, an investment program and online investor network the company disclosed it acquired in September 2010. The Commission’s investigation in this matter is ongoing.
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Cheers

Maybe the Mods should decide whether any reference to CDIV being under investigation should be in fact Off Topic!!