Replies to post #24082 on Beacon Redevelopment Industrial Corporation (BCND)

[rdwild]

http://www.reuters.com/article/pressRelease/idUS150892+10-Nov-2008+PRN20081110

Renaissance Renovations and Development Initiates All Applications for
Demolition Permits

NORTH HUNTINGDON, Pa., Nov. 10 /PRNewswire-FirstCall/ -- Beacon
Redevelopment Industrial Corporation (Pink Sheets: BCND) per Renaissance
Renovations and Development announced today that the company (Renaissance)
began the application process with Hempfield Township for all required
demolition permits regarding the Westmoreland Glass Factory site.
Beacon is very excited that Renaissance's management has chosen to
expedite the process and demolition of the structure. Once all the permits
are issued, Beacon will commission an architectural team to proceed with
design sketches and proposals for the best use of the cleared property.
Beacon already received a one million dollar binding deposit and once all
of the required permits are issued the company will receive the balance of the
monies due per the contract. Adam Marek, COO and President of Beacon,
believes that this agreement is a homerun and is the first step to developing
the land.
Mr. Marek also added that his intention is to build, "a world class
redevelopment company, without any obstacles or distractions, while creating
wealth for the company and its shareholders."
About Beacon Redevelopment Industrial Corporation:
Beacon specializes in acquiring undervalued properties that offer the
potential for above average return on investment along with multiple assets
and development ability at distressed prices, the properties must offer
recyclable/salvageable materials, energy resources or mineral rights along
with the potential for redevelopment and or desirable development potential;
the company also seeks along with the above for mentioned, properties that
have the possibility for governmental grants, tax rebates or deferments as
part of their criteria for acquisition. Please visit the company's website at
www.beaconredevelopment.com for all the latest information and updates.
This press release contains certain forward-looking statements. All
forward-looking 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 forward-looking statements to reflect events or
circumstances occurring after the date of this press release.
SOURCE Beacon Redevelopment Industrial Corporation

Adam Marek for Beacon Redevelopment Industrial Corporation, [phone],
[e-mail]