BCND might want to take a second look. It fell from its high of .0007 on relatively low volume, most buyers at .0004 through .0006 are holding long and strong. News is out this morning. We'll see how it acts tomorrow. Regardless, I predict additional news and events coming about the company's developments including new projects they might have up their sleeve.
Beacon to sell salvage rights to Renaissance Renovations and Development for $6.35 mln - Quick Facts 9/25/2008 12:30 AM ET
(RTTNews) - Thursday, Beacon Redevelopment Industrial Corp. (BCND.PK: News ) said it agreed to sell the salvage rights to Renaissance Renovations and Development for $6.35 million.
The company noted that the price covers any and all salvageable materials on the property. Renaissance will have the sole responsibility to demolish and remove all materials from the property at their sole expense. The agreement does not include any of the natural gas rights on the property nor does it include the property.
Adam Marek, President & CEO said, "I am very pleased that this aspect of the redevelopment of the property is now behind us. We will now set our sights on developing the property."
by RTT Staff Writer
For comments and feedback: contact editorial@rttnews.com
DISCLAIMER: I am a dirty, rotten penny investor. I am not compensated by any stock. I've asked them to pay me, they refuse. I buy stock on the open market. I sell it there. I like money. I am greedy. I am under the care of a psychiatrist.
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