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Beacon Redevelopment Industrial Corporation to Accept Bids
September 4, 2008
4:58 PM
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What I am amazed at is people on that board mocking demolition contractors as ignorant, backward individuals?? But some how these individuals are going to be coming up with millions of dollars to buy this project from Beacon? See my point.

trading at 12,000,000 shares at .0005 means $6,000 whole dollars in volume. Sooner they get a grip the better.

September 4, 2008
4:54 PM
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Man I hate to say it but this guy Adam Marek is really pulling the wool over alot of folks. I'm a regular at Ihub and they have a complete pump board, people with 100's of millions of shares invested. I'm blown away.

September 2, 2008
3:29 PM
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You wouldn't be Joe Dugan would you?

September 2, 2008
11:58 AM
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Demo Man,

You are 100% right on the money. That Beacon Guy is smoking some goooood stuff. Especially with scrap prices sliding. There is no way he will net that much money in the brick. Especially because the RE Development market that buys the brick isnt building anything right now!!!

I have seen quite a few crazy situations erupt in the past 6 months with this scrap mayham. Its either "fly by night" demolition companies lowballing the scrap jobs, or developers who are now resident experts on scrap.

Either way, it all comes down to simple fundamentals, most quality demolition companies that i have seen are just sticking to their guns and letting the amateurs fall on their faces. Experienced Demolition contractors know that the scrap prices can fall just as fast as they rose, and therefore can only give a % deduct to a job.

I cant wait to see all the Morons that gave huge concessions for jobs in July, only to watch the prices plummet in August and Sept.

Survival of the fittest,

Remember that everyone was a mortgage guy 2 years ago,,,,,,,,,,,,,,

September 2, 2008
6:04 AM
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I can only look at real value - which is the steel. Brick if it is un-broken, cleaned, stacked, and wrapped is an asset, but with wages, workers comp, etc where they are how many un-broken brick will there be in the end? 15-20%. Say 2,000,000 brick possibly un-broken. I think the last thing we figured this on a project in Texas one laborer can clean and stack 1,200 brick per day -a brick every 2.5 minutes. If that laborer is making $15 per hr with burden its $20 per hr all day. That breaks down to .133 cents per brick to clean and stack. For the pallets & plastic add .02 cents more. So now I have .153 cents invested into cleaning bricks. The most I have been offered is .25 cents in the quantity we are talking so that it .10 cents profit on each brick, barring any unforseen problems so you can pick up $200,000 for re-sale. Then 400 tons of steel at $350 is $140,000.

Your real costs to wreck 496,000 SF. 2296 Tons of C&D at $38 per ton =$87,259. Labor -$106,400, Fuel - $55,350, Hardfill Removal off-site - $62,500,Asbestos Abatement - 90,000 =$401,509 add a fair profit and contingency in for anything unforseen and I think we gave them a pretty fair number and we even gave them back their scrap or salvage value.:confused:

September 1, 2008
10:45 PM
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Wolf
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demoman518;9591 said:
To remove the roughly 20,000 SF of transite and the 296,000 SF of building. Haul away the clean brick for disposal or recycling, do all the C&D, bring down to SOG we submitted a price of $450,000 that they would pay us

So you see no value in any of the antique brick that they think is so wonderful and no value in the steel.

Or is your value net of selling off the brick as antique and steel.

September 1, 2008
4:45 AM
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To remove the roughly 20,000 SF of transite and the 296,000 SF of building. Haul away the clean brick for disposal or recycling, do all the C&D, bring down to SOG we submitted a price of $450,000 that they would pay us

September 1, 2008
12:35 AM
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Wolf
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they really got the spin down though, got to give them credit for that.

so, c'mon, anybody know what kind of bids they got? anyone here submit a bid? LOL.

August 31, 2008
2:11 PM
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wonder who got the multimillion dollar deal friday , cant wait to hear !!

August 31, 2008
11:07 AM
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wondering if they meant 40,000 pounds instead of tons even still thoo its might be more than whats there. Wondering if beacon follows up and read these post? would like to hear their 2 cent worth other than their press release's

August 30, 2008
7:32 AM
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Just visited investor hub.com and typed in the symbols for Beacon, they have all these idiots investing and waiting on more press releases from this guy.

To me isn't it false advertising? He has wasted demolition contractors time and effort to go out and view by clearly stating that he had 40000 tons of steel.

Needless to say his investors really think they are sitting on $20 million value when it is more of a liability.

August 26, 2008
7:49 PM
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just looked @ photo's on beacon site looked pretty ruff.looks like u could just bump alot of it down.wonder if the train rumbling by hasnt take it down yet. acm removal looks like a nightmare. thoo they really like their brick. LOL wonder how many brownfield dollars are avaible for a project like that. it does need to go down thoo looks like a deathtrap

August 26, 2008
7:40 AM
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I went there - he has tons of garbage and around 400 tons of steel. Lots of hardfill, and a fair amount of transite asbestos.

He is a wacko for sure.

August 26, 2008
3:48 AM
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dont know about gas wells but i do know you would be lucky to have 55,000 in salvage not 5.5 million all the local demo guys are laughing there heads off . the place was a glass hand shop that burnt down 25 years ago, if you know any thing about glass plants ? theres asbestos everwere because of the heat needed and i know that ones no different

August 24, 2008
10:37 PM
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Wolf
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i was thinking of investing in the company. how do you know that there is asbestos there. what concerns me is all of the spin and suspense put into the press releases. it makes it sound so fake.

the press releases also say that there are gas wells on the property. do you know anything about that? is it for real, and are the wells productive or do they have potential?

August 24, 2008
7:31 PM
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wow !!!!this beacon is a wack -o. he sure is scaming his investors. that place is loaded with asbestos

August 20, 2008
5:08 AM
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Last update: 10:04 a.m. EDT Aug. 19, 2008
NORTH HUNTINGDON, Pa., Aug 19, 2008 /PRNewswire-FirstCall via COMTEX/ -- Beacon Redevelopment Industrial Corporation (Pink Sheets: BCND) today announced that it will announce the winning bidder for the demolition and salvage operation of its Westmoreland PA property by Friday August 29, 2008.
The company has given approximately one extra week to allow the larger then anticipated number of bidders to comply. Everyone who is interested in submitting a bid is requested to do so no later then Thursday August 28, 2008 by 5PM Eastern daylight time with no exceptions as the bids will be reviewed with the winner being announced on Friday August 29, 2008 no later then 3PM Eastern daylight time.
"The company is looking forward towards awarding the job to the highest bidder and getting this project moving along; the company believes that it will receive a very significant windfall from this bidding process. We are already in the process of development ideas with planners and architects for the property and are looking forward towards the start of development for this site," said Mr. Adam Merek, President
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 Beacon Redevelopment Industrial Corporation 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

August 18, 2008
7:29 AM
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great to read those post : was beging to think I was one of the few who thought beacon and others had there #$@%$#^#@ head in their @$@#@#

August 17, 2008
4:44 AM
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We bid on a GE facility a while back and they had a local scrap dealer who insisted there was 7,000 tons of P&S in the building. It got to a point where GE put the scrap out to bid seperate from the demolition. Our company won the demolition project and had to stockpile the P&S for the scrap dealer. Low and behold there wasn't 7,000 tons - it was more like 4,000 - so the scrap dealer had bid to pay GE $1.2 million, it wasn't there and he lost several hundred thousand dollars as well as the GE scrap account.

The scrap dealers should stick to what they know best and that is fudging the weights, down grading material for concrete, etc and basically ripping off the general public and let the demo contractors stick to tearing buildings down. Owners should be happy to have their structures taken down in a safe and professional manner and stop worrying about who is going to give them the most cash.

August 16, 2008
6:57 AM
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you are 100% right I thought same thoughts go try and sell brick where i am from the labor is more to clean better to use has fill and price of steel tumbled and we are not done yet thats what spoiled these poeople the scrap money always belonged to demo contractor that was our gravy now every one is a expertr on salage what about all the wear and tear on the equitment noone wants to hear thast the whole industry is getting ruined

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