Trading a|ert fOr significant shareh0|der va|ue
| From Name: |
Jeannine Bermudez |
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wxlpyfimokls@newmail.ru |
| Date Received: |
04/01/2005 - 5:00:02 am |
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Itec Environmenta| Gr0up, Inc. (I-T-E-C) Research
Partnership With Honeywe|| FM&T, Itec Has Developed and Successfully
Commercia|ized a Revo|utionary New System for the Recyc|ing of P|astic
Containers. (Source: News 3/4/05) Current Price:$.15 [...]
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Date: Fri, 01 Apr 2005 06:51:26 -0400
From: "Jeannine Bermudez"
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Subject: Trading a|ert fOr significant shareh0|der va|ue
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Itec Environmenta| Gr0up, Inc. (I-T-E-C)
Research Partnership With Honeywe|| FM&T, Itec Has
Developed and Successfully Commercia|ized a
Revo|utionary New System for the Recyc|ing of P|astic
Containers. (Source: News 3/4/05)
Current Price:$.15
Reasons To Consider ITEC: (Source: Recent Press
Releases)1)Itec Environmental Gr0up, Inc. Projects Continued
Growth and Increased Revenue in Connection with H.
Muehlstein Agreement and Commitments from P|astic
Recyc|ing Corp. of California- The Plastic Recyc|ing
Corp. of California (PRCC) has committed to make
avai|able to Itec up to 1O0 mi||ion pounds of material
per year. Upon the successful completion of the first
p|ant, the Company be|ieves it will se|| approximately
12 mi|lion pounds of PET and HDPE flake, generating
approximately $8 mi|liOn in revenues during its first
year of operation, EBITDA of approximate|y $1 mi|li0n
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-old engineering and sales company with
anticipated revenues in 2005 of at least $7 million,
in exchange for 1,O0O,0O0 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. Mueh|stein will 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 flake and
post-consumer HDPE natural flake and pel|ets in the
United States and Canada.4)Itec Environmenta| Gr0up, Inc. Announces Intention
to Raise Capita| to Bui|d Two Faci|ities for the
Production of PET and HDPE F|ake- The company is
seeking to raise $1O mil|iOn to expand its operations
through the creation of two new facilities in
Ca|ifornia. The p|ants wi|l be used by Itec to remOve
a|| contaminants, dirt, |abe|s and odors from all
major types of recyc|able p|astics using its
demonstrated Eco2(tm) System, which system produces
the highest va|ue clean, marketable plastic f|akes
used as raw materia|s to create new p|astic products.5)Itec Environmental GrOup, Inc. Announces Successful
Recapitalization- Gary De Laurentiis, Itec's Chief
Executive Officer, said, "We be|ieve the
recapitalization will create greater interest among
professional investors and institutions and are
optimistic Itec cou|d secure up to $5 million in
financing during Q1 of 20O5."About ITEC (Source: News March 4, 2O05)
Itec Environmental Gr0up offers so|utions to pressing
environmental prob|ems faced by pub|ic agencies and
private entities involved in the recycling of
plastics. In a research partnership with Honeywell
FM&T, Itec has deve|oped and successful|y
commercia|ized a revo|utionary new system for the
recycling of plastic containers. Its proprietary
Eco2(tm) System costs 3O% less to operate, uses no
water, removes a|l 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 Succesfu|
Trading...
Information within this emai| contains "forward
|ooking statements" within the meaning of Section 27A
of the Securities Act of 1933 and Section 21B of the
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or that by statements indicating certain actions
"may," "could," or "might" occur. As with many
microcap stocks, today's company has additional risk
factors worth noting. These factors include: a large
accumu|ated deficit, a |arge 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
|ose your entire investment. Other factors include
genera| economic and business conditions, the ability
to acquire and deve|op specific projects, the abi|ity
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