LEWIS COUNTY, W.Va., June 23 /PRNewswire-FirstCall/ -- Old Field Fork Corp., a West Virginia corporation that is wholly owned by Beacon Redevelopment Industrial Corp. (Pink Sheets: BCND) today announced that it submitted all documents and taxes with the State of West Virginia to reinstate and update the corporation.

Old Field Fork Corp. is the owner of 6 parcels of land in West Virginia that total 250 acres. The corporation fell into bad standing with the State of West Virginia in 2007 over a tax dispute. The problem impeded progress in moving forward with the opportunities that the land presented. Recently, the company's parent corporation resolved the dispute and submitted the paperwork to reinstate the company under the direct orders of the new President, Rick Blackburn. The company expects it will take approximately one week for the State of West Virginia to process the paperwork and update their computer systems to show the reinstatement and new officers.

Once the systems are updated, the corporation will move forward with its plans to capitalize on the timber and further research the natural resources on the property. In addition, the company will be obtaining updated mapping of the area to enable it to develop the land for commercial and industrial use.

Officials from Old Field Fork Corp.'s parent company believe that Lewis County and West Virginia represents a better business climate for the development of its holdings as opposed to Hempfield Township and Westmoreland County, Pennsylvania, where the control group owns other properties.

About Old Field Fork Corp.

The Old Field Fork Corp. is a West Virginia corporation formed in 1985. In a private transaction, Beacon Redevelopment Industrial Corp. (Pink Sheets: BCND) acquired all of the capital stock in the corporation and assigned it to Beacon West Virginia Holdings, Inc., which is also owned by BCND. The company's present business model involves capitalizing on its 250 acres in Lewis County, West Virginia.

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. 

    Contact:      Public Relations, Old Field Fork Corp.
                  offc@beaconredevelopment.com
                  (302) 724-6919  Telephone
                  (302) 450-7233 Facsimile

SOURCE Old Field Fork Corp.