

Beacon Redevelopment Industrial Corporation BCND:OTC the ask is at 0.0003 The bid is at 0.0001. It is getting major attention. They have released an important Press Release that I thought should be brought to peoples attention. The volume is currently at 81,200,000.
Company Information:Beacon Redevelopment Industrial Corporation, formerly Intelective Communications Inc., specializes in acquiring undervalued deteriorating properties that offer the potential for above average return on investment. The properties must offer recyclable/salvageable materials along with the potential for redevelopment. The Company also seeks properties that have the possibility for governmental grants, tax rebates or deferments as part of their criteria for acquisition. In July 2008, the Company formed a wholly owned subsidiary, Beacon Pennsylvania Holdings, Inc. Beacon Pennsylvania Holdings, Inc. has been formed to manage the Company’s Pennsylvania investments and properties.
Company Contact:14390 Lincoln Highway, Office 29
North Huntingdon, PA 15642
(724) 871-7458 Pennsylvania Telephone
(302) 450-7233 Delaware Fax
Email:
This e-mail address is being protected from spam bots, you need JavaScript enabled to view it
Website:
http://beaconredevelopment.com Press Releases:Beacon Redevelopment Industrial Corporation Forms Wholly Owned Energy Subsidiary to Operate its Natural Gas Properties
Wednesday 10/29/2008 9:12 AM ET - Pr NewswireRelated Companies
Symbol Last %Chg
BCND 0.0002 0.00%
As of 2:33 PM ET 10/29/08
Beacon Redevelopment Industrial Corporation (Pink Sheets: BCND) announced that it has formed a wholly owned subsidiary (Beacon Energy Corporation) to manage and operate its natural gas assets.
Beacons Management has taken this action to segregate its energy holdings from its real estate holdings so that it may accelerate growth in both its real estate and energy subsidiaries. This action will not negatively affect the shareholders or the company\'s ownership of any of its assets.
The new subsidiary will include all of the natural gas reserves/operating wells on its Westmoreland Glass Factory Site along with significant natural gas reserves on its West Virginia properties and will seek to expand these reserves with further property acquisitions thus creating an continuous revenue stream for the company\'s energy subsidiary.
\"We intend to build a portfolio of quality real estate holdings along with energy producing properties, we currently are in negotiations for two additional properties that are energy related in West Virginia to add to our current holdings there. In the coming weeks we will also be interviewing executives experienced within the energy industry to manage the new Beacon Energy subsidiary,\" said Adam Marek President & CEO Beacon Redevelopment Industrial Corporation.
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
http://www.beaconredevelopment.comChart:
Share Structure:as of 9-8-2008 were 2,318,734,000 shares outstanding (no change from as of 7-18-2008 were 2,318,734,000 shares outstanding).
as of 9-8-2008 with 1,978,712,806 shares free trading (up from 1,954,712,806 on 7-18-2008)
as of 9-8-2008 340,021,194 shares restricted (down from 364,021,194)
3,000,000,000 shares authorized, no change.