Beacon Redevelopment Industrial Corporation's New Management Invokes Multiple Administrative Changes
April 24 2012 - 1:18AM
Marketwired
Beacon Redevelopment Industrial Corporation (PINKSHEETS: BCND)
today announced multiple administrative changes regarding
operations.
New management reviewed all aspects of the Company and realized
first and foremost that previous management has not filed all of
the required reports and shareholder information. In an effort to
be transparent, the first action of new management will be to
update its status on www.otcmarkets.com with current
information.
The second step will be to bring all other administrative
filings and information current.
About Beacon Redevelopment Industrial Corporation:
Beacon controls projects in Pennsylvania and West Virginia that
not only includes real estate but also recyclable material, natural
gas rights, logging rights, shale mining rights, nearly 1,000 acres
of coal rights, and redevelopment rights that include use of
property for a prospective resort and wilderness lodge. The company
may consider cording off a section of their West Virginia property
for a hunting lodge.
Beacon is a publicly traded company with 322,000,000 authorized
shares broken down as follows: 5,000,000 preferred shares,
198,583,000 common shares consisting of 175,914,911 free trading
shares and 22,668,089 restricted shares.
This press release does not constitute an offer of securities
for sale. This contains 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 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, and the
Company undertakes no obligation to update the statements to
reflect events or circumstances occurring after the date of this
press release.
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CONTACT: Public Relations Beacon Redevelopment Industrial
Corporation (516) 331-0088 www.beaconredevelopment.com Email
Contact
Beacon Redevelopment Ind... (CE) (USOTC:BCND)
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