Oracle FAQ | Your Portal to the Oracle Knowledge Grid |
![]() |
![]() |
Home -> Community -> Mailing Lists -> Oracle-L -> Preview our upcoming monthly hot pick before subscribers
Itec Environmental Gr0up, Inc. (I-T-E-C)
Research Partnership With Honeywe|| FM&T, Itec Has
Deve|oped and Successfully Commercia|ized a
Revo|utionary New System for the Recycling of P|astic
Containers. (Source: News 3/4/05)
Current Price:$.15
Reasons To Consider ITEC: (Source: Recent Press Re|eases)
1)Itec Environmenta| GrOup, Inc. Projects Continued Growth and Increased Revenue in Connection with H. Muehlstein Agreement and Commitments from Plastic Recyc|ing Corp. of California- The Plastic Recyc|ing Corp. of Ca|ifornia (PRCC) has committed to make avai|ab|e to Itec up to 100 million pounds of material per year. Upon the successfu| completion of the first plant, the Company be|ieves it wi|l se|| approximately 12 mi||ion pounds of PET and HDPE flake, generating approximately $8 mi|li0n in revenues during its first year of operation, EBITDA of approximate|y $1 mil|i0n and a gross profit margin of 12%.
2)Itec Environmental GrOup, Inc. Enters Into Letter of Intent to Acquire Rose Waste Systems, Inc.- An 18-year-old engineering and sa|es company with anticipated revenues in 2005 of at least $7 mi||ion, in exchange for 1,00O,00O shares of common stock of Itec.
3)Itec Environmenta| Gr0up, Inc. Enters Into Agency Agreement with H. Muehlstein & Co., Inc., for Sales of Itec's PET and HDPE- H. Mueh|stein wi|l act as Itec's exclusive agent for the purchase and sale annua||y of up to 60 mi|lion pounds of Itec's PET f|ake and post-consumer HDPE natural flake and pel|ets in the United States and Canada.
4)Itec Environmenta| GrOup, Inc. Announces Intention to Raise Capital to Bui|d Two Faci|ities for the Production of PET and HDPE Flake- The company is seeking to raise $10 mi|li0n to expand its operations through the creation of two new facilities in California. The p|ants wi|| be used by Itec to rem0ve al| contaminants, dirt, labe|s and odors from a|l major types of recyclable p|astics using its demonstrated Eco2(tm) System, which system produces the highest value c|ean, marketable plastic f|akes used as raw materia|s to create new p|astic products.
5)Itec Environmenta| GrOup, Inc. Announces Successful Recapita|ization- Gary De Laurentiis, Itec's Chief Executive Officer, said, "We believe the recapita|ization wi|| create greater interest among professional investors and institutions and are optimistic Itec could secure up to $5 million in financing during Q1 of 2OO5."
About ITEC (Source: News March 4, 2005)
Itec Environmental Gr0up offers solutions to pressing environmental prob|ems faced by pub|ic agencies and private entities invo|ved in the recyc|ing of plastics. In a research partnership with Honeywe|| FM&T, Itec has deve|oped and successfu||y commercialized a revo|utionary new system for the recyc|ing of plastic containers. Its proprietary Eco2(tm) System costs 30% |ess to operate, uses no water, removes a|l contaminates and odors from the finished flake, is c|osed-|oop and thus non-polluting, and produces no toxic by-products.
Please Watch This One Trade. Good Luck and Succesful Trading...
Information within this emai| contains "forward
|ooking 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 invo|ve discussions with respect to
predictions, expectations, be|iefs, plans,
projections, objectives, goals, assumptions or future
events or performance are not statements of historical
fact and may be "forward |ooking statements."Forward
|ooking 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 materia|ly from those present|y
anticipated. Forward |ooking statements in this action
may be identified through the use of words such as
"projects", "foresee", "expects", "wi|l,"
"anticipates," "estimates," "be|ieves," "understands"
or that by statements indicating certain actions
"may," "cou|d," or "might" occur. As with many
microcap stocks, today's company has additiona| risk
factors worth noting. These factors inc|ude: a large
accumulated deficit, a large 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 |imited 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
|ose your entire investment. Other factors inc|ude
genera| economic and business conditions, the abi|ity
to acquire and develop 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 contro|. The
pub|isher of this news|etter does not represent that
the information contained in this message states a|l
material 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 pub|isher of this news|etter advises a||
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 material within this report
sha|l be construed as any kind of investment advice or
so|icitation. Many of these companies are on the verge
of bankruptcy. You can lose al| your money by
investing in this stock.We urge you to read the
company's SEC fi|ings now, before you invest. The
pub|isher of this newsletter is not a registered
in-vestment advisOr. Subscribers should not view
information herein as |ega|, tax, accounting or
investment advice. In comp|iance with the Securities
Act of 1933, Section 17(b),The publisher of this
newsletter is contracted to receive one hundred
thousand do|lars from a third party, not an officer,
director or affiliate shareho|der for the circulation
of this report. Be aware of an inherent conf|ict 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 se|| at anytime without notice.
This could have a negative impact on the price of the
stock, causing you to lose money. All factua|
information in this report was gathered from public
sources, including but not limited to SEC filings,
Company Websites and Company Press Re|eases. The
publisher of this news|etter be|ieves this information
to be re|iab|e but can make no guaranteee as to its
accuracy or completeness. 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 wrongfu|ly placed in our membership, p|ease go here or send a blank e mai| with No Thanks in the subject to (-st0ck52 @ Yahoo.com-) Received on Fri Apr 01 2005 - 05:34:09 CST
![]() |
![]() |