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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 | 0.0018 | 0.00 | 14:30:28 |
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Cascadia Investments, Inc. announced that it will now focus all of its resources and energies toward the development and expansion of its Internet division and portfolio. This realignment of priorities from its original business model is driven by Cascadia's commitment to create equity and long-term earnings growth for its shareholders. As a result, the company will begin the process of divesting itself of its real estate holdings.
In addition, it will not proceed with the previously announced purchase of the two Tacoma properties located at 708 South Yakima and 2902 South 15th Street, which had yet to be finalized.
Cascadia Investments, Inc. (PINKSHEETS: CDIV) is a publicly traded, internet and 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 of undervalued real estate and cutting edge internet properties.
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.
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Contact: Cascadia Investments, Inc. Tel: 800-953-3315
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