The Bull is Back: SmallCap Profile
| From Name: |
Claire Vance |
| From Address: |
mzayl@email.ru |
| Date Received: |
04/15/2005 - 11:00:04 am |
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Itec Environmental Group, Inc. (OTCBB: I*T*E*C) Web
Site: Day's Range: N/A - N/A N/A 52wk Range: 0.06 ? 19.80 Current
Price: 0.9 Volume: 375,883 Bid: 0.9 x 5000 Avg Vol (3m) : 231,636 Ask:
0.9 x 5000 Market Cap: 444.73K [...]
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Date: Fri, 15 Apr 2005 08:07:34 -0800
From: "Claire Vance"
To: Recipient@domain.com
Subject: The Bull is Back: SmallCap ProfileItec Environmental Group, Inc. (OTCBB: I*T*E*C)
Web Site:Day's Range: N/A - N/A
N/A52wk Range:0.06 ? 19.80
Current Price: 0.9Volume:375,883
Bid:0.9 x 5000Avg Vol (3m) :231,636
Ask:0.9 x 5000Market Cap:444.73K
Research Partnership With Honeywell FM&T, Itec Has Developed and Successfully Commercialized a Revolutionary New System for the Recycling of Plastic Containers
Consumers, Dealers, Distributors and lnvestors Want to Know
Reasons To Consider ITEC: (Source: Recent Press Releases) 1)Itec Environmental Group, Inc. Projects Continued Growth and Increased Revenue in Connection with H. Muehlstein Agreement and Commitments from Plastic Recycling Corp. of California- The Plastic Recycling Corp. of California (PRCC) has committed to make available to Itec up to 100 million pounds of material per year. Upon the successful completion of the first plant, the Company believes it will sell approximately 12 million pounds of PET and HDPE flake, generating approximately 8,000,000 in revenues during its first year of operation, EBITDA of approximately 1,000,000 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 1,000,000 shares of common stock of Itec.
3)Itec Environmental Group, Inc. Enters Into Agency Agreement with H. Muehlstein & Co., Inc., for Sales of Itec's PET and HDPE- H. Muehlstein will act as Itec's exclusive agent for the purchase and sale annually of up to 60 million pounds of Itec's PET flake and post-consumer HDPE natural flake and pellets in the United States and Canada
4)Itec Environmental Group, Inc. Announces Intention to Raise Capital to Build Two Facilities for the Production of PET and HDPE Flake- The company is seeking to raise 10,000,000 to expand its operations through the creation of two new facilities in California. The plants will be used by Itec to remove all contaminants, dirt, labels and odors from all major types of recyclable plastics using its demonstrated Eco2(tm) System, which system produces the highest value clean, marketable plastic flakes used as raw materials to create new plastic products.
5)Itec Environmental Group, Inc. Announces Successful Recapitalization- Gary De Laurentiis, Itec's Chief Executive Officer, said, "We believe the recapitalization will create greater interest among professional investors and institutions and are optimistic Itec could secure up to $5 million in financing during Q1 of 2005."
About ITEC (Source: News March 4, 2005)
Itec Environmental Group offers solutions to pressing environmental problems faced by public agencies and private entities involved in the recycling of plastics. 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 30% less to operate, uses no water, removes all contaminates and odors from the finished flake, is closed-loop and thus non-polluting, and produces no toxic by-products
Please Watch This One Trade. Good Luck and Succesful Trading...
Information within this pub|ication contains future 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 thatexpress or involve discussions with respect to predictions,expectations, beliefs, p|ans, projections, objectives, goa|s, assumptions or futureevents or performance are not statements of historica| fact and may be future |ooking statements. The publisher of this report 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 mis|eading. There can be no assurance of that happening. Remember, as a|ways, past performance is not indicative of future results and a thorough due di|igence effort,including a review of a company's fi|ings at sec gov or edgar-on|ine com when available, shou|d be completed prior to investing. The publisher of this report believes this information to be re|iab|e but can make no assurance as to its accuracy or completeness. Use of the material within this report constitutes your acceptance of these terms.a
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