SOURCE: Beacon Redevelopment Industrial Corp.

February 23, 2011 00:29 ET

Beacon Redevelopment Industrial Corporation Announces Common Stock Reverse Split

WILMINGTON, DE--(Marketwire - February 23, 2011) - Beacon Redevelopment Industrial Corp. (PINKSHEETS: BCND) announced today that its board of directors has authorized a reverse split of its common stock. The Company expects the event to be completed in approximately one month to forty-five days depending on the length of the review of documents by regulatory agencies. Additional information will be released as it becomes available.

This release does not constitute an offer of securities for sale. This release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements involve certain risks and uncertainties that could cause actual results to differ. All statements in this press release are based on information available to the company as of the date hereof.

Contact Information

  • CONTACT:
    Executive Team
    Beacon Redevelopment Industrial Corporation
    302-721-5210
    Email Contact