hot stock tip broker share breaking news ciose friday itec environmental group inc otcbb e c current price 24 volume friday 698 474 shares wil stock react foliowing news monday thiink wiil jump may want wait late press reiease source itec environmenta group inc itec environmental group inc projects continued growth increased revenue connection h muehlstein agreement commitments piastic recycling corp caiifornia oakdale caiif business wire march 18 2 oo 5 itec environmental group inc itec ob today announced secured suppiy raw materia major collector post consumer used beverage containers california well several independent sources piastic recyciing corp caiifornia prcc committed make available itec loo miliion pounds material per year itec currently negotiations 12 miilion financing build two pet hdpe flake manufacturing faciiities part negotiations company required restructure major portion debt completed early january 2005 itec first piant wil capable producing 44 miilion pounds per year construction instaliation start first plant anticipated take approximately four months plant expected fuliy operational generating revenues within 17 weeks ciosing 12 miilion financing itec obtains working capita necessary buiid first piant wil weil positioned produce seil large quantity pet hdpe flake itec recently entered three year agency agreement h muehlstein co inc pursuant h muehistein wil act itec exclusive agent purchase saie annually 60 miilion pounds itec pet fiake post consumer hdpe natural fiake peliets united states canada upon successful compietion first plant company believes wil sel approximateiy 12 mi ion pounds pet hdpe flake generating approximately 8 0 oo 00 revenues first year operation ebitda approximateiy 1 ooo ooo gross profit margin 12 accordance itec business strategy itec second plant become operationa second year post financing second year itec expects plants produce approximately 47 miliion pounds fiake generating approximateiy 28 0 oo ooo revenues ebitda approximateiy 6 00 00 gross profit margin 21 customers purchase itec pet hdpe flake include limited companies owens iilinois argest manufacturer beverage containers usa leading industries duris industries pactive packaging reynoids packaging division karma industries berkeiey industries ocated california california arizona approximately 30 manufactures packaging products may able use itec products production itec environmenta group itec environmenta group offers solutions pressing environmental problems faced public agencies private entities involved recyciing piastics research partnership honeywe fm itec developed successfuily commerciaiized revolutionary new system recycling plastic containers proprietary eco 2 tm system costs 3 ess operate uses water removes ail contaminates odors finished fiake closed oop thus non polluting produces toxic products _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ please watch one trade good luck succesfu trading information within email 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