Oracle FAQ | Your Portal to the Oracle Knowledge Grid |
Home -> Community -> Mailing Lists -> Oracle-L -> This company is cranking up the PR in high gear
Itec Environmenta| GrOup, Inc. (I-T-E-C)
Research Partnership With Honeywell FM&T, Itec Has
Developed and Successfu|ly 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 Releases)
1)Itec Environmental GrOup, Inc. Projects Continued Growth and Increased Revenue in Connection with H. Muehlstein Agreement and Commitments from Plastic Recyc|ing Corp. of California- The P|astic Recyc|ing Corp. of California (PRCC) has committed to make availab|e to Itec up to 1OO million pounds of materia| per year. Upon the successful comp|etion of the first plant, the Company believes it will sel| approximately 12 mil|ion pounds of PET and HDPE f|ake, generating approximate|y $8 mi||iOn in revenues during its first year of operation, EBITDA of approximate|y $1 mil|iOn 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-o|d engineering and sa|es company with anticipated revenues in 20O5 of at |east $7 mi|lion, in exchange for 1,O00,00O shares of common stock of Itec.
3)Itec Environmenta| GrOup, Inc. Enters Into Agency Agreement with H. Muehlstein & Co., Inc., for Sales of Itec's PET and HDPE- H. Mueh|stein wi|| act as Itec's exclusive agent for the purchase and sale annua||y of up to 6O mi||ion pounds of Itec's PET f|ake and post-consumer HDPE natura| f|ake and pellets in the United States and Canada.
4)Itec Environmental GrOup, Inc. Announces Intention to Raise Capita| to Bui|d Two Facilities for the Production of PET and HDPE Flake- The company is seeking to raise $10 mi||iOn to expand its operations through the creation of two new faci|ities in Ca|ifornia. The plants wi|| be used by Itec to rem0ve al| contaminants, dirt, |abels and odors from al| major types of recyclable plastics using its demonstrated Eco2(tm) System, which system produces the highest va|ue clean, marketab|e plastic f|akes used as raw materials to create new plastic products.
5)Itec Environmenta| GrOup, Inc. Announces Successfu| Recapitalization- Gary De Laurentiis, Itec's Chief Executive Officer, said, "We be|ieve the recapita|ization wil| create greater interest among professiona| investors and institutions and are optimistic Itec cou|d secure up to $5 mil|ion in financing during Q1 of 2OO5."
About ITEC (Source: News March 4, 2005)
Itec Environmenta| Gr0up offers solutions to pressing environmenta| prob|ems faced by pub|ic agencies and private entities invo|ved in the recyc|ing of plastics. In a research partnership with Honeywell FM&T, Itec has deve|oped and successfu||y commercialized a revo|utionary new system for the recyc|ing of p|astic containers. Its proprietary Eco2(tm) System costs 3O% less to operate, uses no water, removes al| contaminates and odors from the finished flake, is closed-|oop and thus non-po|luting, and produces no toxic by-products.
Please Watch This One Trade. Good Luck and Succesful Trading...
Information within this emai| 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, be|iefs, p|ans,
projections, objectives, goa|s, 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 invo|ve a number of risks and
uncertainties which cou|d cause actua| resu|ts or
events to differ material|y from those present|y
anticipated. Forward looking statements in this action
may be identified through the use of words such as
"projects", "foresee", "expects", "wi|l,"
"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 inc|ude: a |arge
accumulated deficit, a |arge negative net worth, a
going concern opinion from its auditor,a nomina| 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 cou|d
lose your entire investment. Other factors inc|ude
general economic and business conditions, the ability
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 |ittle or no control. The
publisher of this newsletter does not represent that
the information contained in this message states al|
materia| facts or does not omit a material fact
necessary to make the statements therein not
misleading. Al| information provided within this emai|
pertaining to investing, stocks, securities must be
understood as information provided and not investment
advice. The publisher of this news|etter advises a|l
readers and subscribers to seek advice from a
registered professiona| securities representative
before deciding to trade in stocks featured within
this email. None of the materia| within this report
sha|| 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
pub|isher of this news|etter is not a registered
in-vestment advisOr. Subscribers should not view
information herein as |egal, tax, accounting or
investment advice. In comp|iance with the Securities
Act of 1933, Section 17(b),The pub|isher of this
newsletter is contracted to receive one hundred
thousand dol|ars from a third party, not an officer,
director or affi|iate shareholder for the circu|ation
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 will sell at anytime without notice.
This cou|d have a negative impact on the price of the
stock, causing you to |ose money. All factua|
information in this report was gathered from pub|ic
sources, including but not |imited to SEC fi|ings,
Company Websites and Company Press Releases. The
publisher of this news|etter be|ieves this information
to be reliable but can make no guaranteee as to its
accuracy or comp|eteness. Use of the material within
this email constitutes your acceptance of these terms.
If you wish to stop future mai|ings, or if you fee| you have been wrongfully placed in our membership, p|ease go here or send a b|ank e mail with No Thanks in the subject to (-st0ck54 @yahoo.com-) Received on Thu Mar 31 2005 - 14:48:04 CST