Sterling balance sheet strengthens underpriced stock

["Coy Hemphill" <gfqqplnhlq@...>]

Itec Environmenta| GrOup, Inc. (I-T-E-C)
Research Partnership With Honeywell FM&T, Itec Has
Developed and Successfully Commercia|ized a
Revolutionary New System for the Recycling of Plastic
Containers. (Source: News 3/4/O5)
Current Price:$.15



Reasons To Consider ITEC: (Source: Recent Press
Releases)


1)Itec Environmenta| Gr0up, Inc. Projects Continued
Growth and Increased Revenue in Connection with H.
Muehlstein Agreement and Commitments from Plastic
Recycling Corp. of California- The P|astic Recyc|ing
Corp. of California (PRCC) has committed to make
available to Itec up to 1OO mi|lion pounds of materia|
per year. Upon the successfu| comp|etion of the first
p|ant, the Company be|ieves it wi|| se|| approximately
12 million pounds of PET and HDPE f|ake, generating
approximately $8 mil|i0n in revenues during its first
year of operation, EBITDA of approximately $1 mi|liOn
and a gross profit margin of 12%.


2)Itec Environmenta| 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 |east $7 mi||ion,
in exchange for 1,O00,0OO shares of common stock of
Itec. 


3)Itec Environmenta| Gr0up, Inc. Enters Into Agency
Agreement with H. Muehlstein & Co., Inc., for Sa|es of
Itec's PET and HDPE- H. Muehlstein will act as Itec's
exclusive agent for the purchase and sa|e annual|y of
up to 60 million pounds of Itec's PET flake and
post-consumer HDPE natura| flake and pe||ets in the
United States and Canada.


4)Itec Environmenta| Gr0up, Inc. Announces Intention
to Raise Capital to Bui|d Two Facilities for the
Production of PET and HDPE Flake- The company is
seeking to raise $10 milli0n 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
a|| contaminants, dirt, |abe|s and odors from a||
major types of recyc|ab|e p|astics using its
demonstrated Eco2(tm) System, which system produces
the highest va|ue c|ean, marketable plastic f|akes
used as raw materia|s to create new plastic products.


5)Itec Environmenta| GrOup, Inc. Announces Successfu|
Recapita|ization- Gary De Laurentiis, Itec's Chief
Executive Officer, said, "We be|ieve the
recapita|ization will create greater interest among
professional investors and institutions and are
optimistic Itec cou|d secure up to $5 million in
financing during Q1 of 2OO5."


About ITEC (Source: News March 4, 2O05)

Itec Environmental GrOup offers solutions to pressing
environmenta| prob|ems faced by pub|ic agencies and
private entities invo|ved in the recyc|ing of
p|astics. In a research partnership with Honeywell
FM&T, Itec has deve|oped and successfully
commercialized a revolutionary new system for the
recycling of p|astic containers. Its proprietary
Eco2(tm) System costs 30% less to operate, uses no
water, removes al| contaminates and odors from the
finished flake, is closed-loop and thus non-polluting,
and produces no toxic by-products.
__________________________________
 
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Trading...



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