I found this very interesting...this was an exchange I had with IR about some information I came across while researching Mr. Blackburn. Take it for what it is worth, but it was very compelling in my eyes...
(MY EMAIL TO THEM)
Re: Investor "Relations" Thank you again for your prompt reply.
I have just one more thing I hope you can clear up for me please. In doing my own research on Mr. Blackburn and RR&D, and after reading the latest article in the Pittsburgh Tribune Review, I noticed that in the article as well as some earlier BCND press releases, Mr. Blackburn was identified as Gary Richard Blackburn or Gary Rick Blackburn.
That led me to believe the reason I couldn’t find any information on Mr. Blackburn was due to not having his complete name, so I researched both Gary Richard Blackburn as well as Gary Rick Blackburn. Upon completing a search for Gary Rick Blackburn, I came across a court document from 2008, specifically a class action lawsuit settlement agreement that Mr. Blackburn was identified in, which on it’s face means very little, but also identified in the same small group of people excluded from the class were two names that caught my eye:
Keith Maydak and Malgorzata Duszak.
I remembered reading about those two people in connection with BCND earlier in my research, and in going back over my notes was reminded of a semi-controversy about Keith Maydak being under suspicion of actually being the real face behind Adam Marek and that Ms. Duszak was Mr. Maydak’s wife at one point. Now, considering the proximity of Mr. Maydak to BCND, both business-wise and geographically, compounded by the supposition that RR&D was picked out of a group of previously unknown bidders, I wondered how a manager of RR&D and the new CEO and President of BCND AND a known convicted scam artist who was thought to be masterminding a securities fraud with BCND (who by all rights should not have known each other) could have both been involved in the same class action suit that took place in a South Florida District Court.
Now I am sure that this is all coincidence, and I am making more out of it than necessary because of being a nervous investor with little information to keep me calm, but I thought it prudent to at least ask why there seems to be a connection between Mr. Blackburn and Mr. Maydak. Being a person who believes firmly in the Occam’s Razor principle, I am sure that the simplest explanation here is the correct one. The problem I am having is that there are two simple explanations:
Mr. Blackburn has replaced Mr. Marek as the front man for a criminal enterprise orchestrated by Keith Maydak, not thinking that a connection between the two could be made or,
Mr. Blackburn from BCND is not the same Mr. Blackburn from the class action lawsuit, and it is completely coincidental that all three persons are named in the court document.
I have included a copy of the court document in this email for reference, and hope to be back in touch with the clerk of the court tomorrow to see if the Gary (Rick) Blackburn named in that document can be more positively identified through court records. Hopefully you can shed some light on this and ease my worried mind.
I continue to appreciate your prompt and informative responses.
(Their response to me)
Dear Shareholder:
Tube Media was a company that offered a new video channel on cable television. It had thousands of shareholders, all of whom were allegedly defrauded resulting in a class action suit.
Our President, on the advice of his lawyer in Florida, sent a letter opting out of the settlement in the Securities Class Action Suit. The claim of our President against Tube Media Group involves over $1,000,000 in shares that executives of that company allegedly forged and transferred to third parties. Mr. Blackburn received those shares legitimately, and believes he is owed additional money by Tube Media, in connection with construction projects that he managed for David Levy and Tube Media that remain unpaid. That is, Mr. Blackburn performed actual construction work at the company's properties.
Mr. Blackburn has no knowledge of the basis of the claims of the third parties you mention relating to the Tube Media. We do note that a simple Google search will reveal that the individuals you discuss are frequently involved in lawsuits against public companies, especially over the counter stocks. Mr. Blackburn, however, has never participated in a securities action other than the Tube's case. He filed a letter request to opt out because his claims were different than those settled in the lawsuit, and he would not have received fair recovery.
We are aware of no fraudulent activity by prior management, Adam Marek, relating to this company. The company has copies of Mr. Marek's identity documents on file. When Mr. Marek took over the company, the ask of the share price was .0001 and there were no assets in the company except for worthless domain names of little value. Yet, Mr. Marek refused to perform a reverse split. He reduced the authorized and secured assets for the company in a fair manner that did not result in any personal gain for him or harm to the shareholders. During his tenure at the company, he spent countless hours putting together the various projects and responding to shareholder requests. A review of the company's financial records show that he accepted less than $12,000.00 in compensation during the entire year of his contract. Neither he nor his family members received any stock directly from the company, and he did not receive any personal benefit from changes to the share price of our common stock. While Mr. Marek planned to bring our business model to fruition, his one year contract expired and he was offered an opportunity in Europe and chose to pursue that opportunity.
As to the third parties that we continuously receive inquiries about, they are not officers or authorized agents of Beacon Redevelopment. The company that sold the property to us, and its officers (Diversified Land Management Group) are not officers, affiliates, or control persons of the company and none will receive any monetary benefit from our land projects. Whether or not any of these third parties bought shares of the company on the public markets is outside of our knowledge.
Mr. Blackburn will continue where Mr. Marek left off. He owes a duty to the shareholders to manage the current contract in a way that it benefits the company. He strongly believes, based on nearly 20 years of experience in both construction and supplies distribution, that the project can be completed and the valuable bricks salvaged.
Conspiracy theories aside, over the counter stocks are extremely high risk investments. You should only invest in them if you can afford to lose your money. The pricing is not controlled by the company, but by third party investors and market makers. Please ask your broker for the publication that outlines the risks of this type of investment.
Investor Relations
Beacon Redevelopment Industrial Corp.
Some statements in this communication contain forward-looking information. These statements include, but are not limited to, statements with respect to the completion of transactions. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the statements.
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