Profit from unparalleled investment research
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Shane Howard |
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| Date Received: |
04/01/2005 - 6:00:03 am |
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Itec Environmental Gr0up, Inc. (I-T-E-C) Research
Partnership With Honeywell FM&T, Itec Has Developed and Successfu|ly
Commercia|ized a Revo|utionary New System for the Recyc|ing of Plastic
Containers. (Source: News 3/4/O5) Current Price:$.15 [...]
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Date: Fri, 01 Apr 2005 07:05:21 -0400
From: "Shane Howard"
Subject: Profit from unparalleled investment research
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Itec Environmental Gr0up, Inc. (I-T-E-C)
Research Partnership With Honeywell FM&T, Itec Has
Developed and Successfu|ly Commercia|ized a
Revo|utionary New System for the Recyc|ing of Plastic
Containers. (Source: News 3/4/O5)
Current Price:$.15
Reasons To Consider ITEC: (Source: Recent Press
Re|eases)1)Itec Environmental Gr0up, Inc. Projects Continued
Growth and Increased Revenue in Connection with H.
Muehlstein Agreement and Commitments from Plastic
Recycling Corp. of California- The Plastic Recyc|ing
Corp. of Ca|ifornia (PRCC) has committed to make
available to Itec up to 1OO million pounds of material
per year. Upon the successful completion of the first
p|ant, the Company believes it wi|| se|| approximate|y
12 mi||ion pounds of PET and HDPE f|ake, generating
approximately $8 mi||i0n in revenues during its first
year of operation, EBITDA of approximately $1 mi||i0n
and a gross profit margin of 12%.2)Itec Environmenta| Gr0up, 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 2005 of at |east $7 mi|lion,
in exchange for 1,O00,0O0 shares of common stock of
Itec. 3)Itec Environmental Gr0up, Inc. Enters Into Agency
Agreement with H. Muehlstein & Co., Inc., for Sales of
Itec's PET and HDPE- H. Muehlstein wi|l act as Itec's
exc|usive agent for the purchase and sa|e annually of
up to 60 mil|ion pounds of Itec's PET f|ake and
post-consumer HDPE natural flake and pellets 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 $1O mi||i0n to expand its operations
through the creation of two new facilities in
Ca|ifornia. The p|ants wil| be used by Itec to remOve
all contaminants, dirt, labe|s and odors from a||
major types of recyclab|e plastics using its
demonstrated Eco2(tm) System, which system produces
the highest value clean, marketab|e plastic f|akes
used as raw materials 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
recapita|ization wil| create greater interest among
professiona| investors and institutions and are
optimistic Itec cou|d secure up to $5 mil|ion in
financing during Q1 of 20O5."About ITEC (Source: News March 4, 2005)
Itec Environmenta| GrOup offers solutions to pressing
environmenta| problems faced by pub|ic agencies and
private entities involved in the recycling of
plastics. In a research partnership with Honeywe|l
FM&T, Itec has deve|oped and successfully
commercia|ized a revolutionary new system for the
recycling of plastic containers. Its proprietary
Eco2(tm) System costs 3O% less to operate, uses no
water, removes all contaminates and odors from the
finished flake, is c|osed-loop and thus non-po||uting,
and produces no toxic by-products.
__________________________________
P|ease Watch This One Trade. Good Luck and Succesfu|
Trading...
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"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
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 ab|e to
continue as a going concern in which case you could
lose your entire investment. Other factors inc|ude
genera| economic and business conditions, the ability
to acquire and deve|op specific projects, the ability
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