I believe ACDU invested in BCND (Beacon Redevelopment) some years back, and are still holding those shares. Again, for the record, Beacon has an office in Staten Island, my home town, and last I heard, Frank Castellano is at the helm. One of their endeavors involves the purchase and rehabilitation of distressed real estate on Staten Island's north shore (Port Richmond) -- cool old industrial brick buildings all along there, lots of potential if they follow through. Like ACDU, a no dilution 200 million and change shares company, could be a winner!
