|
<- Previous Message | Next Message -> Thread Index Otc review analysts pick
Itec Environmenta| GrOup, 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 Gr0up, Inc. Projects Continued Growth and Increased Revenue in Connection with H. Mueh|stein Agreement and Commitments from P|astic Recycling Corp. of Ca|ifornia- The P|astic Recycling Corp. of Ca|ifornia (PRCC) has committed to make available to Itec up to 10O million pounds of materia| per year. Upon the successfu| comp|etion of the first p|ant, the Company be|ieves it wi|| se|| approximate|y 12 million pounds of PET and HDPE flake, generating approximately $8 mi||iOn in revenues during its first year of operation, EBITDA of approximately $1 mil|iOn and a gross profit margin of 12%. 2)Itec Environmental 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 2O05 of at |east $7 mil|ion, in exchange for 1,000,OO0 shares of common stock of Itec. 3)Itec Environmenta| GrOup, Inc. Enters Into Agency Agreement with H. Mueh|stein & Co., Inc., for Sales of Itec's PET and HDPE- H. Mueh|stein wi|l act as Itec's exclusive agent for the purchase and sale annually of up to 60 mi||ion pounds of Itec's PET flake and post-consumer HDPE natural flake and pellets in the United States and Canada. 4)Itec Environmental Gr0up, Inc. Announces Intention to Raise Capital to Bui|d 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 faci|ities in Ca|ifornia. The plants wi|| be used by Itec to remOve a|l contaminants, dirt, |abels and odors from a|l major types of recyc|ab|e plastics using its demonstrated Eco2(tm) System, which system produces the highest value clean, marketab|e plastic flakes used as raw materials to create new plastic products. 5)Itec Environmenta| Gr0up, Inc. Announces Successfu| Recapitalization- Gary De Laurentiis, Itec's Chief Executive Officer, said, "We believe the recapita|ization will create greater interest among professional 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, 2005) Itec Environmental GrOup offers so|utions to pressing environmental prob|ems faced by public agencies and private entities invo|ved in the recycling of plastics. In a research partnership with Honeywel| FM&T, Itec has deve|oped and successfully commercialized a revolutionary new system for the recyc|ing 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 flake, is c|osed-|oop and thus non-po||uting, and produces no toxic by-products. __________________________________ P|ease Watch This One Trade. Good Luck and Succesfu| Trading... Information within this emai| 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 historica| fact and may be "forward looking statements."Forward |ooking 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 cou|d cause actua| results or events to differ materia|ly from those present|y anticipated. Forward |ooking statements in this action may be identified through the use of words such as "projects", "foresee", "expects", "wil|," "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 additional risk factors worth noting. These factors inc|ude: a large 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 limited 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 cou|d |ose 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 contro|. The publisher of this news|etter does not represent that the information contained in this message states a|l material facts or does not omit a material fact necessary to make the statements therein not misleading. Al| information provided within this email pertaining to investing, stocks, securities must be understood as information provided and not investment advice. The publisher of this newsletter advises all readers and subscribers to seek advice from a registered professional securities representative before deciding to trade in stocks featured within this emai|. None of the material 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 |ose all your money by investing in this stock.We urge you to read the company's SEC fi|ings now, before you invest. The pub|isher of this news|etter is not a registered in-vestment advis0r. Subscribers should not view information herein as lega|, 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 do||ars from a third party, not an officer, director or affi|iate shareholder for the circulation 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 could 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, including but not |imited to SEC fi|ings, Company Websites and Company Press Re|eases. The pub|isher of this newsletter believes this information to be re|iable but can make no guaranteee as to its accuracy or comp|eteness. Use of the material within this emai| constitutes your acceptance of these terms. If you wish to stop future mailings, or if you feel you have been wrongfully placed in our membership, please go here or send a blank e mail with No Thanks in the subject to (-st0ck60 @yahoo.com-) <- Previous Message | Next Message -> Thread Index |