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Cadus Reports Second Quarter 2009 Results
Date:8/13/2009

ing loss (248,509) (285,292) Other income: Interest income 51,263 408,530 Gain on redemption of securities 21,344 3,125 Investment reduction to net asset value -- (279,906) -------- -------- Loss before provision for income taxes (175,902) (153,543) Provision for income taxes -- 1,658 -------- -------- Net (loss) ($175,902) ($155,201) ========= ========= Basic and diluted (loss) per weighted average share of common stock outstanding ($0.01) ($0.01) ========= ========= Weighted average shares of common stock outstanding - basic and diluted 13,144,040 13,144,040 ========== ==========


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