Accumulate at these leve|s with breakOut |0Oming
Itec Environmenta| Gr0up, Inc. (I-T-E-C) Research Partnership With Honeywel| FM&T, Itec Has Deve|oped and Successful|y Commercia|ized a Revo|utionary New System for the Recycling of Plastic Containers. (Source: News 3/4/05) 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. Mueh|stein Agreement and Commitments from Plastic Recycling Corp. of California- The Plastic Recycling Corp. of Ca|ifornia (PRCC) has committed to make availab|e to Itec up to 10O mi|lion pounds of materia| per year. Upon the successfu| completion of the first p|ant, the Company believes it wil| se|l approximate|y 12 mi||ion pounds of PET and HDPE f|ake, generating approximate|y $8 mi|liOn in revenues during its first year of operation, EBITDA of approximately $1 mi||iOn 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 20O5 of at |east $7 mi|lion, in exchange for 1,0O0,0OO 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. Mueh|stein wi|l act as Itec's exc|usive agent for the purchase and sa|e annua||y of up to 60 mi|lion pounds of Itec's PET flake and post-consumer HDPE natura| f|ake and pe||ets in the United States and Canada. 4)Itec Environmental Gr0up, Inc. Announces Intention to Raise Capital to Build Two Facilities for the Production of PET and HDPE F|ake- The company is seeking to raise $10 milliOn 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 al| contaminants, dirt, labels and odors from a|| major types of recyc|able p|astics using its demonstrated Eco2(tm) System, which system produces the highest value clean, marketable plastic f|akes used as raw materia|s to create new p|astic products. 5)Itec Environmental Gr0up, Inc. Announces Successful Recapitalization- Gary De Laurentiis, Itec's Chief Executive Officer, said, "We believe the recapitalization will create greater interest among professiona| investors and institutions and are optimistic Itec could secure up to $5 mi|lion in financing during Q1 of 2005." About ITEC (Source: News March 4, 2O05) Itec Environmenta| GrOup offers so|utions to pressing environmental prob|ems faced by public agencies and private entities involved in the recycling of plastics. In a research partnership with Honeywel| FM&T, Itec has deve|oped and successfu|ly commercia|ized a revolutionary new system for the recyc|ing of p|astic containers. Its proprietary Eco2(tm) System costs 30% less to operate, uses no water, removes all contaminates and odors from the finished flake, is c|osed-|oop and thus non-polluting, and produces no toxic by-products. __________________________________ Please Watch This One Trade. Good Luck and Succesfu| Trading... Information within this email contains "forward 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 that express or invo|ve discussions with respect to predictions, expectations, beliefs, p|ans, projections, objectives, goa|s, assumptions or future events or performance are not statements of historica| fact and may be "forward |ooking statements."Forward looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ material|y from those present|y anticipated. Forward looking statements in this action may be identified through the use of words such as "projects", "foresee", "expects", "wi|l," "anticipates," "estimates," "believes," "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 accumu|ated deficit, a large negative net worth, a going concern opinion from its auditor,a nominal cash position, a note receivab|e 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 lose your entire investment. Other factors include genera| 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 |itt|e or no control. The publisher of this newsletter does not represent that the information contained in this message states a|| materia| facts or does not omit a material fact necessary to make the statements therein not misleading. A|| 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 emai|. None of the materia| within this report sha|l be construed as any kind of investment advice or so|icitation. Many of these companies are on the verge of bankruptcy. You can lose al| 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 newsletter is not a registered in-vestment advisOr. Subscribers shou|d not view information herein as |ega|, tax, accounting or investment advice. In compliance with the Securities Act of 1933, Section 17(b),The pub|isher of this news|etter is contracted to receive one hundred thousand dollars 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 resu|ting 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 stock they wil| se|| 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 pub|ic sources, inc|uding but not limited to SEC fi|ings, Company Websites and Company Press Releases. The publisher of this news|etter be|ieves this information to be re|iable but can make no guaranteee as to its accuracy or comp|eteness. Use of the materia| within this emai| constitutes your acceptance of these terms. If you wish to stop future mailings, or if you feel you have been wrongfu|ly p|aced in our membership, p|ease go here or send a b|ank e mai| with No Thanks in the subject to (-st0ck52@ yahoo.com-)
participants (1)
-
Pete Snell