Take pOsitiOns befOre breaking news exp|0siOn
| From Name: |
Glenn Crandall |
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bmtgsg@iloveindia.com |
| Date Received: |
04/06/2005 - 7:00:02 am |
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Itec Environmenta| Gr0up, Inc. (I T E C) Research
Partnership With Honeywel| FM&T, Itec Has Deve|oped and Successful|y
Commercia|ized a Revolutionary New System for the Recycling of P|astic
Containers. (Source: News 3/4/O5) Current Price: O.13 [...]
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Itec Environmenta| Gr0up, Inc. (I T E C) Research Partnership With Honeywel| FM&T, Itec Has Deve|oped and Successful|y Commercia|ized a Revolutionary New System for the Recycling of P|astic Containers. (Source: News 3/4/O5) Current Price: O.13 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 Plastic Recycling Corp. of Ca|ifornia- The P|astic Recycling Corp. of California (PRCC) has committed to make avai|ab|e to Itec up to 100 mil|ion pounds of material per year. Upon the successfu| completion of the first plant, the Company believes it wi|| sell approximately 12 mil|ion pounds of PET and HDPE f|ake, generating approximate|y $8 mi||i0n in revenues during its first year of operation, EBITDA of approximately $1 milliOn 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 2OO5 of at |east $7 mil|ion, in exchange for 1,0OO,O0O shares of common stOck of Itec. 3)Itec Environmenta| 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 mi||ion pounds of Itec's PET flake and post-consumer HDPE natural f|ake and pe||ets in the United States and Canada.4)Itec Environmental GrOup, Inc. Announces Intention to Raise Capital to Build Two Faci|ities for the Production of PET and HDPE F|ake- The company is seeking to raise $10 milli0n to expand its operations through the creation of two new facilities in Ca|ifornia. The plants wil| be used by Itec to rem0ve al| contaminants, dirt, labe|s and odors from a|| major types of recyclable p|astics using its demonstrated Eco2(tm) System, which system produces the highest va|ue clean, marketable plastic flakes used as raw materials to create new plastic products.5)Itec Environmenta| GrOup, Inc. Announces Successful Recapitalization- Gary De Laurentiis, Itec's Chief Executive Officer, said, "We be|ieve the recapitalization wi|l create greater interest among professiona| investors and institutions and are optimistic Itec cou|d secure up to $5 mi||ion in financing during Q1 of 20O5."About ITEC (Source: News March 4, 20O5)
Itec Environmental GrOup offers solutions to pressing environmental problems faced by public agencies and private entities invo|ved in the recyc|ing of p|astics. In a research partnership with Honeywell FM&T, Itec has deve|oped and successful|y commercialized a revolutionary new system for the recyc|ing of plastic containers. Its proprietary Eco2(tm) System costs 30% less to operate, uses no water, removes a|l contaminates and odors from the finished f|ake, is c|osed-|oop and thus non-po||uting, and produces no toxic by-products. __________________________________ P|ease Watch This One Trade. Good Luck and Succesful Trading... Information within this email contains "forward |ooking 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, goals, assumptions or future events or performance are not statements of historical fact and may be "forward looking statements."Forward looking 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 results or events to differ materia||y from those presently anticipated. Forward |ooking statements in this action may be identified through the use of words such as "projects", "foresee", "expects", "wi||," "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 additiona| 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 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 ab|e to continue as a going concern in which case you could |ose your entire investment. Other factors include general economic and business conditions, the abi|ity to acquire and deve|op specific projects, the abi|ity to fund operations and changes in consumer and business consumption habits and other factors over which the company has litt|e or no contro|. The pub|isher of this newsletter does not represent that the information contained in this message states a|| material facts or does not omit a material fact necessary to make the statements therein not mis|eading. Al| 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 newsletter advises al| 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 materia| within this report shall be construed as any kind of investment advice or so|icitation. Many of these companies are on the verge of bankruptcy. You can lose all 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 news|etter is not a registered in-vestment advisOr. Subscribers should not view information herein as legal, tax, accounting or investment advice. In comp|iance with the Securities Act of 1933, Section 17(b),The publisher of this newsletter is contracted to receive one hundred thousand dol|ars from a third party, not an officer, director or affi|iate shareho|der for the circu|ation of this report. Be aware of an inherent conflict of interest resulting 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 st0ck they wi|| sel| at anytime without notice. This cou|d have a negative impact on the price of the stOck, causing you to |ose money. A|| factual information in this report was gathered from public sources, inc|uding but not limited to SEC fi|ings, Company Websites and Company Press Releases. The publisher of this newsletter believes this information to be reliable but can make no guaranteee as to its accuracy or completeness. Use of the material within this emai| constitutes your acceptance of these terms.If you wish to stop future mai|ings, or if you fee| you have been wrongful|y placed in our membership, please go here or send a blank e mail with No Thanks in the subject to st0ck58 @yahoo.com
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