Beacon Redevelopment Industrial Corporation Receives an Exceptional Amount of Bids
2008年9月2日 - 10:15PM
PRニュース・ワイアー (英語)
NORTH HUNTINGDON, Pa., Sept. 2 /PRNewswire-FirstCall/ -- Beacon
Redevelopment Industrial Corporation (OTC:BCND) today announced
that they have received an overwhelming amount of bids for the
salvage of its Westmoreland Glass Factory. The company has reviewed
all of the bids, and is over whelmed with the interest in this
project. To this point the current bids have significantly exceeded
any unsolicited private offers including the previously announced
offer of $5,500,000 dollars. "I have received requests from some
major firms asking for a bid extension, and at first I said no.
Then I thought about it. You know what, if they pay the company
more money, it's in the best interest of the company and its
shareholders. Then I agreed to a ten day bid extension," said Adam
Marek President & CEO. Mr. Marek also stated, "I would like to
conclude this bidding process, however if more revenues can be
extracted, that is what I will do. It is in the best interest of
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 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
http://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. DATASOURCE: Beacon
Redevelopment Industrial Corporation CONTACT: Adam Marek of Beacon
Redevelopment Industrial Corporation, +1-724-871-7458, Web site:
http://www.beaconredevelopment.com/
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