|
Itec Environmental Group, Inc. (OTCBB:
ITEC)
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) Current Price: 0.27 While past performance is never indicative of future results, price and volume have dramatically picked up in March. Will this trend continue? If you think so, you may not want to wait until it is too late. Reasons To Consider ITEC: (Source: Recent Press Releases) 1)Itec Enters Into Letter of Intent to Acquire Rose Waste Systems, Inc.- An18-year-old engineering and sales company with anticipated revenues in 2005 of at least 7 million dollars, in exchange for 1,000,000 shares of common stock of Itec. 2)Itec 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. 3)Itec 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 dollars 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. 4)Itec 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 dollars in financing during Q1 of 2005." About ITEC (Source: News March 4, 2005) Itec 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. __________________________________ Please Watch This One Trade. Good Luck and Succesful 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 involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical fact and may be "forward looking 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 materially from those presently anticipated. Forward looking statements in this action may be identified through the use of words such as "projects", "foresee", "expects", "will," "anticipates," "estimates," "believes," "understands" or that by statements indicating certain actions "may," "could," or "might" occur. As with many microcap stocks, today's company has additional risk factors worth noting. These factors include: a large accumulated deficit, a large negative net worth, a going concern opinion from its auditor,a nominal cash position, a note receivable 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 able to continue as a going concern in which case you could lose your entire investment. Other factors include general economic and business conditions, the ability to acquire and develop specific projects, the ability to fund operations and changes in consumer and business consumption habits and other factors over which the company has little or no control. The publisher of this newsletter does not represent that the information contained in this message states all material facts or does not omit a material fact necessary to make the statements therein not misleading. All 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 email. None of the material within this report shall be construed as any kind of investment advice or solicitation. Many of these companies are on the verge of bankruptcy. You can lose all your money by investing in this stock.We urge you to read the company's SEC filings now, before you invest. The publisher of this newsletter is not a registered in-vestment advis0r. Subscribers should not view information herein as legal, tax, accounting or investment advice. In compliance with the Securities Act of 1933, Section 17(b),The publisher of this newsletter is contracted to receive one hundred thousand dollars from a third party, not an officer, director or affiliate shareholder for the circulation of this report. Be aware of an inherent conflict of interest resulting 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 will sell at anytime without notice. This could have a negative impact on the price of the stock, causing you to lose money. All factual information in this report was gathered from public sources, including but not limited to SEC filings, Company Websites and Company Press Releases. The publisher of this newsletter believes this information to be reliable but can make no guar-antee as to its accuracy or completeness. Use of the material within this email constitutes your acceptance of these terms. To permanently
stop receiving this newsletter, please use our secure one step safe un
subscribe. Send a blank e mail with nothanks in the subject line to
[EMAIL PROTECTED]. For any questions, comments, or complaints about
receiving this newsletter, please write to e-broadcast group, 6 Effute Avenue,
Kingston 10 Jamaica, WI
Yahoo! Groups Links
|
