SOURCE: Cascadia Investments, Inc.

Cascadia Investments, Inc.

June 29, 2011 16:01 ET

Cascadia Investments Provides Corporate Update

TACOMA, WA--(Marketwire - Jun 29, 2011) - Cascadia Investments, Inc. (CDIV) issued a statement today regarding the current status of the company. As a result of the SEC's trading halt, Cascadia is now trading on the gray sheets. This means that market-makers are not allowed to market the company's securities at this time. Management is currently reviewing its options with respect to the company's marketability. Management believes it is in the best interests of the company's shareholders for Cascadia to be re-listed on the pink sheets, and therefore intends to enter into discussions with the company's lawyers and with market-makers to find the best way to accomplish that goal.

Cascadia Investments, Inc. is a publicly traded company operating in the Pacific Northwest that focuses on developing and/or acquiring cutting-edge Internet businesses. The company's principal objective is to create equity and long-term earnings growth through the acquisition and development of its social media, gaming and other web based apps.

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. All trademarks and copyrights remain the property of their respective owners and no association is express or implied.

Contact Information

  • Cascadia Investments, Inc.

    Tel: 253-777-3507