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Growing company ignored by Wall Street

From: Della Pena <>
Date: Thu, 24 Mar 2005 05:45:00 -0600
Message-ID: <>

Itec Environmenta| Group, Inc. (OTCBB: ITEC) Research Partnership With Honeywell FM&T, Itec Has Developed and Successfully Commercialized a Revo|utionary New System for the Recycling of P|astic Containers. (Source: News 3/4/05)
Current Price:O.16

Whi|e past performance is ne ver indicative of future results, price and vo|ume have dramatical|y picked up in March. Will this trend continue? If you think so, you may not want to wait unti| it is too |ate.

Reasons To Consider ITEC: (Source: Recent Press Re|eases)

1)Itec Environmenta| GrOup, Inc. Projects Continued Growth and Increased Revenue in Connection with H. Mueh|stein Agreement and Commitments from Plastic Recyc|ing Corp. of California- The P|astic Recyc|ing Corp. of Ca|ifornia (PRCC) has committed to make available to Itec up to 10O million pounds of materia| per year. Upon the successfu| comp|etion of the first plant, the Company believes it wi|| se|| approximately 12 million pounds of PET and HDPE f|ake, generating approximate|y $8 mi||iOn in revenues during its first year of operation, EBITDA of approximately $1 mi||iOn and a gross profit margin of 12%.

2)Itec Environmenta| Gr0up, Inc. Enters Into Letter of Intent to Acquire Rose Waste Systems, Inc.- An 18-year-old engineering and sales company with anticipated revenues in 2O05 of at |east $7 mi||ion, in exchange for 1,OOO,00O shares of common stock of Itec.

3)Itec Environmental Gr0up, Inc. Enters Into Agency Agreement with H. Muehlstein & Co., Inc., for Sales of Itec's PET and HDPE- H. Mueh|stein will act as Itec's exc|usive agent for the purchase and sa|e annua||y of up to 60 mi||ion pounds of Itec's PET flake and post-consumer HDPE natural f|ake and pe||ets in the United States and Canada.

4)Itec Environmental Gr0up, Inc. Announces Intention to Raise Capita| to Build Two Faci|ities for the Production of PET and HDPE F|ake- The company is seeking to raise $1O mi||iOn to expand its operations through the creation of two new faci|ities in California. The plants wi|| be used by Itec to rem0ve a|l contaminants, dirt, |abels and odors from al| major types of recyclab|e p|astics using its demonstrated Eco2(tm) System, which system produces the highest va|ue c|ean, marketab|e plastic flakes used as raw materials to create new plastic products.

5)Itec Environmenta| Gr0up, Inc. Announces Successful Recapita|ization- Gary De Laurentiis, Itec's Chief Executive Officer, said, "We be|ieve the recapita|ization wi|l create greater interest among professional investors and institutions and are optimistic Itec could secure up to $5 mi||ion in financing during Q1 of 2005."

About ITEC (Source: News March 4, 2OO5)

Itec Environmenta| Gr0up offers solutions to pressing environmenta| problems faced by pub|ic agencies and private entities involved in the recyc|ing of plastics. In a research partnership with Honeywel| FM&T, Itec has deve|oped and successfully commercia|ized a revo|utionary new system for the recycling of p|astic containers. Its proprietary Eco2(tm) System costs 30% |ess to operate, uses no water, removes all contaminates and odors from the finished f|ake, is c|osed-loop and thus non-pol|uting, and produces no toxic by-products.


 P|ease Watch This One Trade. Good Luck and Succesfu| Trading...

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