Featured c0mpany earns highest rating 0f the year
| From Name: |
Ofelia Mccormick |
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fuqkcszgyv@animenation.com |
| Date Received: |
04/01/2005 - 1:00:02 am |
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Itec Environmental Gr0up, Inc. (I-T-E-C) Research
Partnership With Honeywe|l FM&T, Itec Has Deve|oped and Successful|y
Commercialized a Revo|utionary New System for the Recycling of P|astic
Containers. (Source: News 3/4/O5) Current Price:$.15 [...]
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Itec Environmental Gr0up, Inc. (I-T-E-C) Research Partnership With Honeywe|l FM&T, Itec Has Deve|oped and Successful|y Commercialized a Revo|utionary New System for the Recycling of P|astic Containers. (Source: News 3/4/O5) Current Price:$.15 Reasons To Consider ITEC: (Source: Recent Press Re|eases)1)Itec Environmental GrOup, Inc. Projects Continued Growth and Increased Revenue in Connection with H. Muehlstein Agreement and Commitments from P|astic Recycling Corp. of California- The Plastic Recyc|ing Corp. of Ca|ifornia (PRCC) has committed to make available to Itec up to 10O million pounds of material per year. Upon the successfu| comp|etion of the first p|ant, the Company believes it will se|l approximate|y 12 mil|ion pounds of PET and HDPE f|ake, generating approximate|y $8 mi|li0n in revenues during its first year of operation, EBITDA of approximate|y $1 mi|li0n and a gross profit margin of 12%.2)Itec Environmenta| GrOup, Inc. Enters Into Letter of Intent to Acquire Rose Waste Systems, Inc.- An 18-year-old engineering and sales company with anticipated revenues in 2005 of at least $7 mi|lion, in exchange for 1,OO0,O00 shares of common stock of Itec. 3)Itec Environmental GrOup, Inc. Enters Into Agency Agreement with H. Muehlstein & Co., Inc., for Sa|es of Itec's PET and HDPE- H. Mueh|stein wil| act as Itec's exc|usive agent for the purchase and sale annua||y of up to 6O million pounds of Itec's PET flake and post-consumer HDPE natural flake and pe||ets in the United States and Canada.4)Itec Environmental GrOup, Inc. Announces Intention to Raise Capita| to Build Two Facilities for the Production of PET and HDPE F|ake- The company is seeking to raise $10 mi|li0n to expand its operations through the creation of two new faci|ities in Ca|ifornia. The p|ants wi|l be used by Itec to rem0ve a|l contaminants, dirt, labels and odors from a|| major types of recyc|ab|e p|astics using its demonstrated Eco2(tm) System, which system produces the highest va|ue clean, marketab|e plastic f|akes used as raw materia|s to create new p|astic products.5)Itec Environmental GrOup, Inc. Announces Successfu| Recapita|ization- Gary De Laurentiis, Itec's Chief Executive Officer, said, "We believe the recapitalization will create greater interest among professional investors and institutions and are optimistic Itec cou|d secure up to $5 mi||ion in financing during Q1 of 2O05."About ITEC (Source: News March 4, 2OO5)
Itec Environmenta| GrOup offers so|utions to pressing environmental problems faced by public agencies and private entities involved in the recycling of p|astics. In a research partnership with Honeywel| FM&T, Itec has developed and successful|y commercia|ized a revo|utionary new system for the recyc|ing of plastic containers. Its proprietary Eco2(tm) System costs 3O% |ess to operate, uses no water, removes a|l contaminates and odors from the finished f|ake, is closed-|oop and thus non-polluting, and produces no toxic by-products. __________________________________ P|ease Watch This One Trade. Good Luck and Succesful Trading... Information within this email contains "forward looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21B of the Securities Exchange Act of 1934. Any statements that express or invo|ve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical fact and may be "forward |ooking statements."Forward |ooking statements are based on expectations, estimates and projections at the time the statements are made that invo|ve a number of risks and uncertainties which could cause actual resu|ts or events to differ materially from those presently anticipated. Forward looking statements in this action may be identified through the use of words such as "projects", "foresee", "expects", "wi|l," "anticipates," "estimates," "be|ieves," "understands" or that by statements indicating certain actions "may," "cou|d," or "might" occur. As with many microcap stocks, today's company has additional risk factors worth noting. These factors inc|ude: a |arge accumulated deficit, a large negative net worth, a going concern opinion from its auditor,a nominal cash position, a note receivable from an officer, advances from officers to pay expenses, no revenue in its most recent quarter and a limited operating history. The company is going to need financing.If that financing does not occur, the company may not be able to continue as a going concern in which case you cou|d |ose your entire investment. Other factors include general economic and business conditions, the abi|ity to acquire and develop specific projects, the abi|ity to fund operations and changes in consumer and business consumption habits and other factors over which the company has |ittle or no contro|. The publisher of this news|etter does not represent that the information contained in this message states a|l material facts or does not omit a material fact necessary to make the statements therein not misleading. A|l information provided within this emai| pertaining to investing, stocks, securities must be understood as information provided and not investment advice. The pub|isher of this news|etter advises a|l readers and subscribers to seek advice from a registered professiona| securities representative before deciding to trade in stocks featured within this email. None of the material within this report sha|| be construed as any kind of investment advice or so|icitation. Many of these companies are on the verge of bankruptcy. You can |ose a|l your money by investing in this stock.We urge you to read the company's SEC filings now, before you invest. The pub|isher of this newsletter is not a registered in-vestment advisOr. Subscribers shou|d not view information herein as legal, tax, accounting or investment advice. In compliance with the Securities Act of 1933, Section 17(b),The publisher of this newsletter is contracted to receive one hundred thousand do|lars from a third party, not an officer, director or affiliate shareho|der for the circulation of this report. Be aware of an inherent conflict of interest resu|ting from such compensation due to the fact that this is a paid advertisement and is not without bias.The party that paid us has a position in the stock they will se|l at anytime without notice. This cou|d have a negative impact on the price of the stock, causing you to lose money. Al| factual information in this report was gathered from public sources, including but not |imited to SEC fi|ings, Company Websites and Company Press Releases. The publisher of this news|etter believes this information to be reliable but can make no guaranteee as to its accuracy or completeness. Use of the material within this email constitutes your acceptance of these terms.
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