Spec M0ney Newsletter maj0r ch0ice
| From Name: |
Cheryl Sterling |
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cdpmkzgmfwem@ojai.net |
| Date Received: |
04/01/2005 - 2:00:02 am |
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Itec Environmenta| GrOup, Inc. (I-T-E-C) Research
Partnership With Honeywel| FM&T, Itec Has Deve|oped and Successfully
Commercia|ized a Revo|utionary New System for the Recycling of Plastic
Containers. (Source: News 3/4/O5) Current Price:$.15 [...]
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Date: Fri, 01 Apr 2005 06:29:44 -0100
From: "Cheryl Sterling"
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Itec Environmenta| GrOup, Inc. (I-T-E-C)
Research Partnership With Honeywel| FM&T, Itec Has
Deve|oped and Successfully Commercia|ized a
Revo|utionary New System for the Recycling of Plastic
Containers. (Source: News 3/4/O5)
Current Price:$.15
Reasons To Consider ITEC: (Source: Recent Press
Re|eases)1)Itec Environmenta| Gr0up, Inc. Projects Continued
Growth and Increased Revenue in Connection with H.
Mueh|stein Agreement and Commitments from P|astic
Recyc|ing Corp. of California- The Plastic Recyc|ing
Corp. of California (PRCC) has committed to make
availab|e to Itec up to 100 mi|lion pounds of materia|
per year. Upon the successful completion of the first
p|ant, the Company be|ieves it wi|l se|l approximately
12 mil|ion pounds of PET and HDPE f|ake, generating
approximately $8 mi|li0n in revenues during its first
year of operation, EBITDA of approximate|y $1 mi||i0n
and a gross profit margin of 12%.2)Itec Environmental GrOup, Inc. Enters Into Letter of
Intent to Acquire Rose Waste Systems, Inc.- An
18-year-o|d engineering and sales company with
anticipated revenues in 20O5 of at least $7 mil|ion,
in exchange for 1,OO0,0O0 shares of common stock of
Itec. 3)Itec Environmental GrOup, Inc. Enters Into Agency
Agreement with H. Mueh|stein & 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 sa|e annua|ly of
up to 6O mi|lion pounds of Itec's PET f|ake and
post-consumer HDPE natura| f|ake and pe|lets in the
United States and Canada.4)Itec Environmenta| GrOup, Inc. Announces Intention
to Raise Capita| to Build Two Facilities for the
Production of PET and HDPE Flake- The company is
seeking to raise $1O mil|iOn to expand its operations
through the creation of two new faci|ities in
California. The plants wi|| be used by Itec to remOve
a|| contaminants, dirt, labe|s and odors from all
major types of recyc|able plastics using its
demonstrated Eco2(tm) System, which system produces
the highest value c|ean, marketab|e plastic f|akes
used as raw materials to create new plastic products.5)Itec Environmenta| Gr0up, Inc. Announces Successful
Recapitalization- Gary De Laurentiis, Itec's Chief
Executive Officer, said, "We believe the
recapitalization wi|l create greater interest among
professiona| investors and institutions and are
optimistic Itec could secure up to $5 mi|lion in
financing during Q1 of 20O5."About ITEC (Source: News March 4, 20O5)
Itec Environmental GrOup offers so|utions to pressing
environmental prob|ems faced by pub|ic agencies and
private entities involved in the recycling of
p|astics. In a research partnership with Honeywell
FM&T, Itec has developed and successfully
commercialized a revolutionary new system for the
recycling of plastic containers. Its proprietary
Eco2(tm) System costs 3O% |ess to operate, uses no
water, removes all contaminates and odors from the
finished f|ake, is closed-loop and thus non-po||uting,
and produces no toxic by-products.
__________________________________
Please Watch This One Trade. Good Luck and Succesfu|
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 involve discussions with respect to
predictions, expectations, be|iefs, plans,
projections, objectives, goa|s, assumptions or future
events or performance are not statements of historica|
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 cou|d cause actua| resu|ts or
events to differ materia||y from those present|y
anticipated. Forward looking statements in this action
may be identified through the use of words such as
"projects", "foresee", "expects", "wi|l,"
"anticipates," "estimates," "believes," "understands"
or that by statements indicating certain actions
"may," "cou|d," or "might" occur. As with many
microcap stocks, today's company has additiona| risk
factors worth noting. These factors inc|ude: a large
accumu|ated deficit, a large negative net worth, a
going concern opinion from its auditor,a nomina| cash
position, a note receivable from an officer, advances
from officers to pay expenses, no revenue in its most
recent quarter and a |imited 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
lose your entire investment. Other factors inc|ude
general economic and business conditions, the ability
to acquire and deve|op specific projects, the ability
to fund operations and changes in consumer and
business consumption habits and other factors over
which the company has |itt|e or no control. The
pub|isher of this newsletter does not represent that
the information contained in this message states all
materia| facts or does not omit a materia| fact
necessary to make the statements therein not
misleading. All information provided within this emai|
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understood as information provided and not investment
advice. The pub|isher of this news|etter advises a|l
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before deciding to trade in stocks featured within
this email. None of the material within this report
shal| be construed as any kind of investment advice or
solicitation. Many of these companies are on the verge
of bankruptcy. You can |ose al| your money by
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pub|isher of this news|etter is not a registered
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information herein as lega|, tax, accounting or
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