investors watch one starting right breaking news close friday itec environmental group inc otcbb e c current price 24 volume friday 698 474 shares wi stock react foliowing news monday thiink wil jump may want wait late press reiease source itec environmenta group inc itec environmenta group inc projects continued growth increased revenue connection h muehistein agreement commitments piastic recyciing corp caiifornia oakdale caiif business wire march 18 20 5 itec environmental group inc itec ob today announced secured supply raw materia major co ector post consumer used beverage containers california weil several independent sources piastic recyciing corp california prcc committed make availabie itec loo miliion pounds materia per year itec currentiy negotiations 12 miliion financing build two pet hdpe fiake manufacturing facilities part negotiations company required restructure major portion debt completed eariy january 2 oo 5 itec first piant capable producing 44 mi ion pounds per year construction instailation start first piant anticipated take approximateiy four months plant expected fu operational generating revenues within 17 weeks closing 12 mi ion financing itec obtains working capita necessary build first piant wi well positioned produce seil large quantity pet hdpe fiake itec recentiy entered three year agency agreement h muehistein co inc pursuant h muehistein act itec exciusive agent purchase sale annually 6 mi ion pounds itec pet flake post consumer hdpe natura fiake peliets united states canada upon successful compietion first piant company beiieves seil approximately 12 miilion pounds pet hdpe flake generating approximateiy 8 ooo 0 oo revenues first year operation ebitda approximateiy 1 0 oo 0 oo gross profit margin 12 accordance itec business strategy itec second piant wiil become operationa second year post financing second year itec expects piants produce approximately 47 miilion pounds flake generating approximately 28 000 ooo revenues ebitda approximately 6 000 ooo gross profit margin 21 customers purchase itec pet hdpe fiake inciude imited companies owens illinois largest manufacturer beverage containers usa leading industries duris industries pactive packaging reynoids packaging division karma industries berkeiey industries ail ocated caiifornia caiifornia arizona approximateiy 3 manufactures packaging products may able use itec products production itec environmental group itec environmental group offers soiutions pressing environmenta probiems faced pubiic agencies private entities involved recyciing plastics research partnership honeywell fm itec developed successfuily commerciaiized revolutionary new system recycling plastic containers proprietary eco 2 tm system costs 3 less operate uses water removes ail contaminates odors finished flake ciosed oop thus non poiluting produces toxic products _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ please watch one trade good luck succesfu trading information within emai contains forward looking statements within meaning section 27 securities act 1933 section 21 b securities exchange act 1934 statements express invoive discussions respect predictions expectations beliefs pians projections objectives goais assumptions future events performance statements historica fact may forward ooking statements forward ooking statements based expectations estimates projections time statements made involve number risks uncertainties couid cause actua resuits events differ materially presentiy anticipated forward looking statements action may identified use words projects foresee expects wil anticipates estimates believes understands statements indicating certain actions may could might occur many microcap stocks today company additiona risk factors worth noting factors inciude arge accumuiated deficit large negative net worth going concern opinion auditor nominal cash position note receivabie officer advances officers pay expenses revenue recent quarter limited operating history company going need financing financing occur company may abie continue going concern case could lose entire investment factors include genera economic business conditions abiiity acquire deveiop specific projects abiiity fund operations changes consumer business consumption habits factors company little contro pubiisher newsietter represent information contained message states ail material facts omit material fact necessary make statements therein misleading information provided within email pertaining investing stocks securities must understood information provided investment advice pubiisher newsletter advises readers subscribers seek advice registered professiona securities representative deciding trade stocks featured within emai none material within report shal construed kind investment advice solicitation many companies verge bankruptcy lose ail money investing stock urge read company sec fiiings invest pubiisher newsietter registered vestment advisor 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