Beacon Redevelopment Industrial Corporation Updates Shareholders
July 14 2011 - 12:00AM
Marketwired
Beacon Redevelopment Industrial Corp. (PINKSHEETS: BCND) updates
its shareholder by announcing that its common stock will be the
subject of a reverse split that will be effective on a date set by
the Financial Industry Regulatory Authority (FINRA). For every
fifteen (15) shares, shareholders will receive one (1) new share.
No fractional shares will be issued.
Along with the reverse split, the Company lowered the authorized
number of shares to 322,000,000.
This release does not constitute an offer of securities for
sale. This release contains certain forward-looking statements
within the meaning of Section 27A of the Securities Act of 1933 and
Section 21E of the Securities Exchange Act of 1934. These
statements involve certain risks and uncertainties that could cause
actual results to differ. All statements in this press release are
based on information available to the company as of the date
hereof.
Contact: Executive Team Beacon Redevelopment Industrial
Corporation 302-721-5210 Email Contact
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