Beacon Redevelopment Industrial Corporation Confirms Share Structure
August 11 2009 - 3:14AM
PR Newswire (US)
WILMINGTON, Delaware, Aug. 11 /PRNewswire-FirstCall/ -- Beacon
Redevelopment Industrial Corp. (Pink Sheets: BCND) today addressed
shareholders concerns regarding the Company's share structure. Upon
initiating Beacon's business plan, the Company has been steadfast
regarding its policy of unnecessary dilution. In recent days, the
Company has received several calls from shareholders questioning
the Company's share structure. The Company is very open and
transparent regarding its share structure and has always directed
its transfer agent to provide shareholders with an up to the minute
share count. However, due to numerous shareholders repeatedly
sending email requests, the transfer agent opted to implement a fee
for their disclosure services. The Company does not agree with that
policy, however, the Company has no input regarding the matter. The
current and official share structure is as follows: Authorized
common shares of the Company is 3,000,000,000, and the current
outstanding common shares of the Company is 2,978,734,000.
Shareholders may also verify the Company's current authorized
shares for free from the Delaware Secretary of State. The telephone
number is 302-739-3073. The information is available online, for a
fee, as well. "The Company has no intention of changing its current
share structure anytime soon. We are more interested in getting our
projects underway and completed," said Rick Blackburn, President.
CONTACT: Public Relations Beacon Redevelopment Industrial
Corporation 302-724-6919 DATASOURCE: Beacon Redevelopment
Industrial Corporation CONTACT: Public Relations for Beacon
Redevelopment Industrial Corporation, +1-302-724-6919,
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