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CDIV Cascadia Investments Inc (PK)

0.0001
0.00 (0.00%)
19 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Cascadia Investments Inc (PK) USOTC:CDIV OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.0001 0.0001 0.0001 0.00 01:00:00

Cascadia Investments, Inc.: Letter to Shareholders

10/11/2008 3:00pm

Marketwired


Cascadia Investments (PK) (USOTC:CDIV)
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Cascadia Investments, Inc. (PINKSHEETS: CDIV) is pleased to share the following letter to its shareholders from its president and CEO, Nazir Maherali.

Dear Cascadia Shareholders:

Over the past months many of you have contacted the company wondering what management was doing to create shareholder value in the midst of all the turmoil in the real estate industry. I would take this opportunity to offer our prospective on the real estate market and how we plan to take advantage of the opportunities that are now becoming available to us.

First and foremost, we need to remember that real state is local, that is, what is happening in Florida and Nevada does not necessarily reflect what is happening in Washington State. This is not to say that we in the Pacific Northwest have been immune from the downturn. The whole country and parts of the globe are experiencing foreclosure activity unlike anything in recent memory. However, most lenders are now beginning to work closely with property owners to restructure loans and slow down foreclosures.

We believe that there will soon be exceptional opportunities as we near the bottom of the market. And while we have seen income property values go down, we have also seen a dramatic rise in rental rates. Normally, it can be several years before a newly purchased rental property begins to show a profit. However, if that property is significantly undervalued in a market with rapidly rising rents, an investor can enjoy an immediate return on his investment. With this in mind, we are now diligently pursuing undervalued income properties to add to our portfolio -- properties that promise an immediate and high rate of return.

About Cascadia Investments, Inc.

Cascadia Investments, Inc. (PINKSHEETS: CDIV) is a publicly traded, real estate development company operating in the Pacific Northwest. The company's principal objective is to create equity and long-term earnings growth through the acquisition and development or renovation of undervalued and foreclosed real estate.

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.

Cascadia Investments, Inc. Tel: 253-383-7194 www.cascadiainvestmentsinc.com

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