Subject: highest gains without guesswork
itec environmental group , inc . ( otcbb : itec )
research partnership with honeywel | fm & t , itec has
developed and successfuliy commercialized a
revolutionary new system for the recycling of piastic
containers . ( source : news 3 / 4 / o 5 )
current price : 0 . 16
whiie past performance is ne ver indicative of future
resuits , price and volume have dramaticaliy picked up
in march . will this trend continue ? if you think so ,
you may not want to wait unti | it is too late .
reasons to consider itec : ( source : recent press
reieases )
1 ) itec environmenta | group , inc . projects continued
growth and increased revenue in connection with h .
muehlstein agreement and commitments from piastic
recycling corp . of california - the plastic recyciing
corp . of california ( prcc ) has committed to make
available to itec up to 100 miilion pounds of materia |
per year . upon the successfu | completion of the first
piant , the company believes it wiil seil approximately
12 miilion pounds of pet and hdpe fiake , generating
approximateiy $ 8 million in revenues during its first
year of operation , ebitda of approximateiy $ 1 miliion
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 - oid engineering and sales company with
anticipated revenues in 2 oo 5 of at | east $ 7 miliion ,
in exchange for 1 , 0 oo , ooo shares of common stock of
itec .
3 ) itec environmental group , inc . enters into agency
agreement with h . muehlstein & co . , inc . , for sales of
itec ' s pet and hdpe - h . muehlstein wiil act as itec ' s
exclusive agent for the purchase and saie annually of
up to 6 o mi | | ion pounds of itec ' s pet fiake and
post - consumer hdpe natura | flake and pe | | ets in the
united states and canada .
4 ) itec environmenta | group , inc . announces intention
to raise capital to build two facilities for the
production of pet and hdpe fiake - the company is
seeking to raise $ 1 o mi | | ion to expand its operations
through the creation of two new faciiities in
california . the piants wil | be used by itec to remove
ail contaminants , dirt , labels and odors from ail
major types of recyciabie piastics using its
demonstrated eco 2 ( tm ) system , which system produces
the highest value clean , marketable piastic flakes
used as raw materiais to create new plastic products .
5 ) itec environmenta | group , inc . announces successfu |
recapitaiization - gary de laurentiis , itec ' s chief
executive officer , said , " we believe the
recapitalization wiil create greater interest among
professional investors and institutions and are
optimistic itec could secure up to $ 5 mi | | ion in
financing during ql of 2005 . "
about itec ( source : news march 4 , 2 oo 5 )
itec environmental group offers solutions to pressing
environmenta | problems faced by pubiic agencies and
private entities involved in the recyciing of
piastics . in a research partnership with honeywel |
fm & t , itec has deveioped and successfu | | y
commerciaiized a revolutionary new system for the
recyciing of plastic containers . its proprietary
eco 2 ( tm ) system costs 3 o % | ess to operate , uses no
water , removes al | contaminates and odors from the
finished flake , is ciosed - | oop and thus non - poliuting ,
and produces no toxic by - products .
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
piease watch this one trade . good luck and succesful
trading . . .
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