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Original Message ----- From: autodarkingfree@yahoo.com
To: Admin Sent: April 3, 2005 9:01 AM Subject: Uptick
Stocks
Itec Environmental Group,
Inc. (OTCBB: I-T-E-C) Research Partnership With
Honeywell FM&T, Itec Has Developed and Successfully
Commercialized a Revolutionary New System for the
Recycling of Plastic Containers. (Source: News 3/4/05)
Share Volume for March: 10.1 Million Shares Current
Price: 0.13
Reasons To Consider ITEC:
(Source: Recent Press Releases)
- Itec Environmental
Group, Inc. Projects Continued Growth and Increased
Revenue in Connection with H. Muehlstein Agreement
and Commitments from Plastic Recycling Corp. of
California- The Plastic Recycling Corp. of California
(PRCC) has committed to make available to Itec
up to 100 million pounds of material per year.
Upon the successful completion of the first plant,
the Company believes it will sell approximately
12 million pounds of PET and HDPE flake, generating
approximately $8,000,000 in revenues during its
first year of operation, EBITDA of approximately
$1,000,000 and a gross profit margin of 12%.
- 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
2005 of at least $7 million, in exchange for 1,000,000
shares of common stock of Itec.
- Itec Environmental
Group, Inc. Enters Into Agency Agreement with
H. Muehlstein & Co., Inc., for Sales of Itec's
PET and HDPE- H. Muehlstein will act as Itec's
exclusive agent for the purchase and sale annually
of up to 60 million pounds of Itec's PET flake
and post-consumer HDPE natural flake and pellets
in the United States and Canada.
- Itec Environmental
Group, Inc. Announces Intention to Raise Capital
to Build Two Facilities for the Production of
PET and HDPE Flake- The company is seeking to
raise $10,000,000 to expand its operations through
the creation of two new facilities in California.
The plants will be used by Itec to remove all
contaminants, dirt, labels and odors from all
major types of recyclable plastics using its demonstrated
Eco2(tm) System, which system produces the highest
value clean, marketable plastic flakes used as
raw materials to create new plastic products.
- Itec Environmental
Group, Inc. Announces Successful Recapitalization-
Gary De Laurentiis, Itec's Chief Executive Officer,
said, "We believe the recapitalization will create
greater interest among professional investors
and institutions and are optimistic Itec could
secure up to $5 million in financing during Q1
of 2005."
About ITEC (Source: News
March 4, 2005)
Itec Environmental Group
offers solutions to pressing environmental problems
faced by public agencies and private entities involved
in the recycling of plastics. In a research partnership
with Honeywell FM&T, Itec has developed and successfully
commercialized a revolutionary new system for the
recycling of plastic containers. Its proprietary
Eco2(tm) System costs 30% less to operate, uses
no water, removes all contaminates and odors from
the finished flake, is closed-loop and thus non-polluting,
and produces no toxic by-products.
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