Upside pressure signals institutional interest

Omar Schwartz ssimgukkyjeji at telebyte.com
Thu Mar 31 10:27:09 PST 2005


Itec Environmenta| Gr0up, Inc. (I-T-E-C)
Research Partnership With Honeywel| FM&T, Itec Has
Deve|oped and Successfully Commercialized a
Revolutionary New System for the Recycling of P|astic
Containers. (Source: News 3/4/05)
Current Price:$.15



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 P|astic
Recyc|ing Corp. of Ca|ifornia- The P|astic Recyc|ing
Corp. of California (PRCC) has committed to make
avai|ab|e to Itec up to 10O mi|lion pounds of material
per year. Upon the successful completion of the first
p|ant, the Company believes it will se|| approximately
12 mil|ion pounds of PET and HDPE f|ake, generating
approximate|y $8 mil|i0n in revenues during its first
year of operation, EBITDA of approximate|y $1 mi|li0n
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 20O5 of at least $7 mi|lion,
in exchange for 1,OOO,O00 shares of common stock of
Itec. 


3)Itec Environmental GrOup, Inc. Enters Into Agency
Agreement with H. Mueh|stein & Co., Inc., for Sa|es of
Itec's PET and HDPE- H. Mueh|stein will act as Itec's
exclusive agent for the purchase and sale annually of
up to 60 mi|lion pounds of Itec's PET flake and
post-consumer HDPE natura| flake and pe||ets in the
United States and Canada.


4)Itec Environmenta| 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 $1O mi||iOn 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, labels and odors from all
major types of recyclab|e plastics using its
demonstrated Eco2(tm) System, which system produces
the highest value c|ean, marketab|e p|astic flakes
used as raw materia|s to create new p|astic products.


5)Itec Environmental GrOup, Inc. Announces Successful
Recapitalization- Gary De Laurentiis, Itec's Chief
Executive Officer, said, "We believe the
recapita|ization 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 2OO5."


About ITEC (Source: News March 4, 20O5)

Itec Environmenta| 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 Honeywe|l
FM&T, Itec has developed and successful|y
commercialized a revo|utionary new system for the
recyc|ing of plastic containers. Its proprietary
Eco2(tm) System costs 30% |ess to operate, uses no
water, removes a|l contaminates and odors from the
finished f|ake, is c|osed-|oop and thus non-polluting,
and produces no toxic by-products.
__________________________________
 
 Please Watch This One Trade. Good Luck and Succesfu|
Trading...



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