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BCND - Beacon Redevelopment Industrial Corp - Page 2

post #21 of 712
Did good through yesterdays slaughter.
post #22 of 712
The volume has been down the last 3 days. With all they are doing, all the property they own, the gas, wood etc., I can't see why this isn't flying... I believe it will soon.
post #23 of 712
money flow is green and accumulation going up!! http://stockcharts.com/h-sc/ui?s=BCN...d=p52573663880
post #24 of 712
Quote:
Originally Posted by highangle View Post
money flow is green and accumulation going up!! http://stockcharts.com/h-sc/ui?s=BCN...d=p52573663880
jmo--it will move soon!!
post #25 of 712
great news! BCND .0003--great news just out-- Beacon Redevelopment Industrial Corporation Confirms No Need of Funding Through the Sale of its Equities

NORTH HUNTINGDON, Pa., Aug 18, 2008 /PRNewswire-FirstCall via COMTEX/ -- Beacon Redevelopment Industrial Corporation (OTC: BCND) today announced it has received several inquiries from its shareholders regarding the sale of equities to fund the company's recent acquisitions and the company has elected to elaborate.
The company receives no less than three to four unsolicited offers a week to finance its operations (from major investors and investment bankers) with certain instruments such as convertible debentures, regulation 504 exemptions and other detrimental financing options, executive management always and continually will reject these unfavorable methods of financing for any and all of its financing needs.

The company will continue to rely on traditional methods of financing i.e. bank financing, owner financing or company funds, as it is the company's belief that if their acquisitions can not stand on their own merits and utilize traditional sources of financing in any market conditions, it is not a project that they should get involved with.

The company's recent three acquisitions (Westmoreland Glass factory and Multiple Parcels of land totaling 259.5 acres) have been funded through a combination of seller financing and cash investments by the company's principles. The investments by the company's principles are interest free and secured by restricted stock for two years.

"The company will not and never will under any circumstances submit to any type of death spiral financing; it is the intent of our company to build a viable and profitable company on the merits of its acquisitions/projects," said Mr. Adam Merek, President.

Mr. Marek also added that, "The principles are seasoned real estate investors/developers and builders, not stock salesman. When management took over this public company they reviewed the entire history and decided that we can increase shareholder value even though it was a calculated risk regarding the past management and its history. The principle's advisors recommended a reverse split and all of the principles agreed if we have to hurt the shareholders we have no interest and will never have that interest. The principles all agreed that regardless of past management we will deal with it and restore shareholder value with a real and viable business. We evaluated it and decided to go with it and chose a course of action. We feel good about where we are at this point and more importantly we have only begun to enhance shareholder value. To date we have at least regained a sustained bid and are bringing real assets and real hope of potential returns for shareholders investments, with much more to come."

About Beacon Redevelopment Industrial Corporation:

Beacon specializes in acquiring undervalued properties that offer the potential for above average return on investment along with multiple assets and development ability at distressed prices, the properties must offer recyclable/salvageable materials along with the potential for redevelopment and or desirable development potential; the company also seeks along with the above for mentioned, properties that have the possibility for governmental grants, tax rebates or deferments as part of their criteria for acquisition. Please visit the company's website at www.beaconredevelopment.com for all the latest information and updates.

This press release contains certain forward-looking statements. All forward-looking statements in this press release are based on information available to the company as of the date hereof, and the company undertakes no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this press release.

SOURCE Beacon Redevelopment Industrial Corporation



URL: http://www.beaconredevelopment.com
www.prnewswire.com
Copyright (C) 2008 PR Newswire. All rights reserved
-0-

KEYWORD: Pennsylvania
INDUSTRY KEYWORD: RLT
OTC
SUBJECT CODE: SRP
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post #26 of 712
huge news--hope you got in--.001 short term imho
post #27 of 712
I'm loaded up at .002... Looks good this morning!
post #28 of 712
this will be huge in 2008--jmho
post #29 of 712
Beacon Redevelopment Retains Expert Geologist to Evaluate the Company's Natural Gas Holdings and Prospects Going Forward on its PropertiesLast update: 8/18/2008 1:26:00 PMNORTH HUNTINGDON, Pa., Aug 18, 2008 /PRNewswire-FirstCall via COMTEX/ -- Beacon Redevelopment Industrial Corporation (Pink Sheets: BCND) has retained an expert geologist to evaluate the company's natural gas holdings on its properties. The company believes that the natural gas holdings on its properties are significant and needs an expert opinion and evaluation to verify its belief, if the expert geologist agrees the company may explore a possible spin off of its natural gas holdings or an out right sale. The company has also directed the geologist to determine if any other minerals of value are present on said properties as the company retains all rights per its acquisition terms. "We specialize and pride ourselves on acquiring property with more then just real estate value, we look to capitalize on every ounce of revenue from all possible sources on a property and with the last two acquisitions we believe there are many. If the geologist confirms our beliefs we then may spin off the natural gas properties/rights as an energy company with existing Beacon Shareholders receiving shares/participating or a special dividend in the spin off entity," said Mr. Adam Merek, President. Mr. Marek also added, "We are here to make money for the company and its shareholders -- anything less would not be acceptable as that is management's obligation." About Beacon Redevelopment Industrial Corporation: Beacon specializes in acquiring undervalued properties that offer the potential for above average return on investment along with multiple assets and development ability at distressed prices. The properties must offer recyclable/salvageable materials along with the potential for redevelopment and or desirable development potential. The company also seeks, along with the above formentioned, properties that have the possibility for governmental grants, tax rebates or deferments as part of their criteria for acquisition. Please visit the company's website at for all the latest information and updates. This press release contains certain forward-looking statements. All forward-looking statements in this press release are based on information available to the company as of the date hereof, and the company undertakes no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this press release. Contact: Adam Marek
724-871-7458 adammarek@beaconredevelopment.comSOURCE Beacon Redevelopment Industrial Corporation
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post #30 of 712
post #31 of 712
Quote:
Originally Posted by highangle View Post
watch .0004's get hit heavy this afternoon--bettter to pay .0004 than to miss the huge run--jmho
post #32 of 712
If they find lot's of gas this thing is going to fly! High of .0006 today with 248m traded at 4pm!
post #33 of 712
Another good day.... Hope you are all watching!!!
post #34 of 712
Beacon Redevelopment Will Announce Winning Bid for its Westmoreland Property Demolition/Salvage Operation and Requests That All Bidders Must Submit Final Bids by Thursday August 28, 2008 5PM Eastern Daylight Time


Last update: 10:04 a.m. EDT Aug. 19, 2008
NORTH HUNTINGDON, Pa., Aug 19, 2008 /PRNewswire-FirstCall via COMTEX/ -- Beacon Redevelopment Industrial Corporation (Pink Sheets: BCND) today announced that it will announce the winning bidder for the demolition and salvage operation of its Westmoreland PA property by Friday August 29, 2008.
The company has given approximately one extra week to allow the larger then anticipated number of bidders to comply. Everyone who is interested in submitting a bid is requested to do so no later then Thursday August 28, 2008 by 5PM Eastern daylight time with no exceptions as the bids will be reviewed with the winner being announced on Friday August 29, 2008 no later then 3PM Eastern daylight time.
"The company is looking forward towards awarding the job to the highest bidder and getting this project moving along; the company believes that it will receive a very significant windfall from this bidding process. We are already in the process of development ideas with planners and architects for the property and are looking forward towards the start of development for this site," said Mr. Adam Merek, President

http://www.marketwatch.com/news/stor...TQP_Mod_pressN
post #35 of 712
Go Beacon!!!! .002
post #36 of 712

BCND CHART LOOKING AWESOME!!!!

Bcnd: Big mover in the works, huge news coming out next week on winning
bid... Chart setting up step formation and good support.

http://stockcharts. com/h-sc/ ui?s=BCND

Beacon Redevelopment Industrial Corporation today announced that it
will announce the winning bidder for the demolition and salvage
operation of its Westmoreland PA property by Friday August 29, 2008.
post #37 of 712
BCND--Big mover/potential this week!!!
post #38 of 712
woohooo. Can't wait until they release the news about the bid.
post #39 of 712
Wooohoooo!!!!! .0006 It should go up more before the week is out!
post #40 of 712
Quote:
Originally Posted by roscleo View Post
Wooohoooo!!!!! .0006 It should go up more before the week is out!
I hope you're right. I'm in at .0003!
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