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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. Reaches Milestone

25/03/2009 1:15pm

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Cascadia Investments (PK) (USOTC:CDIV)
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Cascadia Investments, Inc. (PINKSHEETS: CDIV) announced today that their assets are valued at $2,713,000 as of year end 2008. The company has 12 properties which consist of 25 rental units. Its projected outlook for 2009 is to continue its aggressive growth for acquiring holdings in the Seattle and Tacoma markets. Local experts indicate that rent prices in the Seattle/Tacoma area have risen 5% while vacancy levels have declined in some parts of the Pacific Northwest to just below 4%.

Currently, the company's management is focused on attractive opportunities in the residential rental market. Cascadia Investments expects a significant increase in revenue along with strengthening its asset base. Cascadia Investments, Inc. intends to expand the rental property portfolio in excess of 25% during the fiscal year of 2009, thus increasing revenues in a proportionate amount.

President and Chief Executive Officer, Mr. Maherali, states, "We will continue to build our asset base and focus on growing our revenues. The news announced on Monday by the current administration bodes particularly well for the real estate industry as a whole and puts real estate on the mend. The action of the fed will put a backstop to mortgage defaults and our industry is going to benefit tremendously and it looks like this could be the start of the recovery."

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.

Cascadia Investments, Inc. generates profits based revenues and currently has no need for dilutive financing, and furthermore, will continue to operate with an un-gagged transfer agent thereby maintaining complete corporate transparency.

Cascadia Investments, Inc. is currently in process of buying shares on the open market and eliminating Private Share Placement debt. We look forward to updating shareholders in the very near future as to the progress of this initiative.

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.

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

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