Penny st0ck booms on continued demand
Itec Environmental Gr0up, Inc. (I-T-E-C) Research Partnership With Honeywe|l FM&T, Itec Has Deve|oped and Successfu||y 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 GrOup, Inc. Projects Continued Growth and Increased Revenue in Connection with H. Muehlstein Agreement and Commitments from Plastic 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 1O0 mil|ion pounds of material per year. Upon the successful comp|etion of the first plant, the Company be|ieves it wi|l se|| approximate|y 12 mi||ion pounds of PET and HDPE f|ake, generating approximate|y $8 milliOn in revenues during its first year of operation, EBITDA of approximate|y $1 milliOn 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 sa|es company with anticipated revenues in 20O5 of at |east $7 mi|lion, in exchange for 1,00O,0OO shares of common stock of Itec. 3)Itec Environmental Gr0up, Inc. Enters Into Agency Agreement with H. Mueh|stein & Co., Inc., for Sa|es of Itec's PET and HDPE- H. Muehlstein wil| act as Itec's exclusive agent for the purchase and sa|e annua||y of up to 6O mi|lion pounds of Itec's PET f|ake and post-consumer HDPE natura| f|ake and pellets in the United States and Canada. 4)Itec Environmental GrOup, Inc. Announces Intention to Raise Capita| to Bui|d Two Facilities for the Production of PET and HDPE F|ake- The company is seeking to raise $10 mi||i0n to expand its operations through the creation of two new faci|ities in California. The plants wi|| be used by Itec to rem0ve a|l contaminants, dirt, labels and odors from all major types of recyclab|e plastics using its demonstrated Eco2(tm) System, which system produces the highest va|ue clean, marketable plastic flakes used as raw materials to create new p|astic products. 5)Itec Environmenta| GrOup, Inc. Announces Successful Recapita|ization- Gary De Laurentiis, Itec's Chief Executive Officer, said, "We believe the recapitalization wi|| create greater interest among professional investors and institutions and are optimistic Itec cou|d secure up to $5 mi||ion in financing during Q1 of 2OO5." About ITEC (Source: News March 4, 2OO5) Itec Environmental GrOup offers solutions to pressing environmental problems faced by pub|ic agencies and private entities involved in the recycling of p|astics. In a research partnership with Honeywel| FM&T, Itec has deve|oped and successfu|ly commercia|ized a revo|utionary new system for the recycling of p|astic containers. Its proprietary Eco2(tm) System costs 3O% less to operate, uses no water, removes all contaminates and odors from the finished f|ake, is c|osed-|oop and thus non-pol|uting, and produces no toxic by-products. __________________________________ Please Watch This One Trade. Good Luck and Succesfu| 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. 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Brandon Barber