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Tuesday, September 23, 2008 6:14:38 PM
"Beacon Redevelopment Industrial Corporation Rejects an Unsolicited 5.5 Million Dollar Salvage Offer From a Salvage Contractor" "The company believes that the salvageable value of the property to be in the range of $15,000,000 to $18,000,000 million dollars and anything less than that is unacceptable."
"Beacon Redevelopment Industrial Corporation Agrees to Acquire a 125 Acre Tract of Land in West Virginia" will pay approximately $5,500.00 dollars per acre, the company estimates that the current value in today's real estate market at $8,500.00 to $9,000.00 per acre. The company has received very favorable financing terms and conditions for this acquisition and expects a better then average return on this investment.
"Beacon Redevelopment Industrial Corporation Agrees to Acquire an Additional 134.5 Acre Tract of Land in West Virgini" This additional acquisition will bring the company's holdings to a total of 259.5 acres of land in the area, including natural gas rights (of which wells are currently operating) along with vast timber/logging rights
"Beacon Redevelopment Retains Expert Geologist to Evaluate the Company's Natural Gas Holdings and Prospects Going Forward 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."
"Beacon Redevelopment Industrial Corporation Put Out for Bids on the Logging Rights on Its West Virginia Properties" "We believe that it is in the best interest of the company to utilize its strategy of selling off via bid these rights (Salvageable Materials and Timber Rights) as it will result in a nice windfall of cash to the company and will eliminate the cost of us having to deal with it," said Adam Marek, President.
"Beacon Redevelopment Industrial Corporation Accepts Bid for the Salvage Operations of its Westmoreland Glass Site" I believe we received the most money possible and I am proud of my team's hard work and look forward to the next deal," said Adam Marek, President & CEO." AND ALSO the company will execute all the required formal contracts immediately and announce the terms and winning bidder early next week."
Everything we have here is good news, only thing we as share holders must do is wait and give it some time for these deals and events to come threw. There is NO DILUTION on this stock and at these prices .0004 and .0005. I think you have to be crazy to not buy. Don't miss out. They already said they got over 5.5mil bid that alone excluding all the good news I just pointed out puts us over .0020 PPS. Which would give over 400% at this price.
Mr. Marek also stated, "This is but one of many such projects that the company has under negotiations/contract and we are looking forward to a very bright and prosperous future."[/b[
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