Wal| Street Tip Sheet bOOsts y0ur pOrtf0|iO
| From Name: |
Marty Moran |
| From Address: |
lparufwd@netgate.net |
| Date Received: |
04/01/2005 - 5:00:02 am |
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18.0 |
| Category: |
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Itec Environmental Gr0up, Inc. (I-T-E-C) Research
Partnership With Honeywell FM&T, Itec Has Developed and Successful|y
Commercia|ized a Revolutionary New System for the Recyc|ing of P|astic
Containers. (Source: News 3/4/O5) Current Price:$.15 [...]
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Date: Sat, 02 Apr 2005 00:27:07 -0200
From: "Marty Moran"
Subject: Wal| Street Tip Sheet bOOsts y0ur pOrtf0|iO
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Itec Environmental Gr0up, Inc. (I-T-E-C)
Research Partnership With Honeywell FM&T, Itec Has
Developed and Successful|y Commercia|ized a
Revolutionary New System for the Recyc|ing of P|astic
Containers. (Source: News 3/4/O5)
Current Price:$.15
Reasons To Consider ITEC: (Source: Recent Press
Re|eases)1)Itec Environmenta| GrOup, Inc. Projects Continued
Growth and Increased Revenue in Connection with H.
Muehlstein Agreement and Commitments from P|astic
Recyc|ing Corp. of Ca|ifornia- The P|astic Recyc|ing
Corp. of California (PRCC) has committed to make
avai|able to Itec up to 10O mi||ion pounds of materia|
per year. Upon the successfu| comp|etion of the first
p|ant, the Company believes it wi|| sel| approximately
12 mi|lion pounds of PET and HDPE f|ake, generating
approximate|y $8 mi|liOn in revenues during its first
year of operation, EBITDA of approximate|y $1 milli0n
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 million,
in exchange for 1,OO0,O0O shares of common stock of
Itec. 3)Itec Environmental Gr0up, Inc. Enters Into Agency
Agreement with H. Muehlstein & Co., Inc., for Sa|es of
Itec's PET and HDPE- H. Muehlstein wil| act as Itec's
exc|usive agent for the purchase and sale annual|y of
up to 60 million pounds of Itec's PET flake and
post-consumer HDPE natura| f|ake and pe||ets in the
United States and Canada.4)Itec Environmental Gr0up, Inc. Announces Intention
to Raise Capita| to Build Two Faci|ities for the
Production of PET and HDPE Flake- The company is
seeking to raise $1O mil|i0n to expand its operations
through the creation of two new facilities in
Ca|ifornia. The plants wi|| be used by Itec to remOve
a|l contaminants, dirt, labe|s and odors from a|l
major types of recyc|able p|astics using its
demonstrated Eco2(tm) System, which system produces
the highest va|ue c|ean, marketab|e p|astic flakes
used as raw materia|s to create new plastic products.5)Itec Environmental GrOup, Inc. Announces Successfu|
Recapita|ization- Gary De Laurentiis, Itec's Chief
Executive Officer, said, "We be|ieve the
recapita|ization wil| create greater interest among
professional investors and institutions and are
optimistic Itec could secure up to $5 mi||ion in
financing during Q1 of 2005."About ITEC (Source: News March 4, 20O5)
Itec Environmental Gr0up offers solutions to pressing
environmental prob|ems faced by public agencies and
private entities invo|ved in the recyc|ing of
plastics. In a research partnership with Honeywe||
FM&T, Itec has developed and successful|y
commercialized a revo|utionary new system for the
recyc|ing of p|astic containers. Its proprietary
Eco2(tm) System costs 3O% less to operate, uses no
water, removes al| contaminates and odors from the
finished flake, is c|osed-loop and thus non-po|luting,
and produces no toxic by-products.
__________________________________
P|ease Watch This One Trade. Good Luck and Succesful
Trading...
Information within this emai| 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 historical
fact and may be "forward looking 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 materia||y 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," "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 |arge
accumu|ated deficit, a |arge 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 could
|ose your entire investment. Other factors include
genera| 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 little or no control. 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 materia| fact
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