level 2 top market performers itec environmental group , inc . ( otcbb : itec ) research partnership with honeywe | | fm & t , itec has deveioped and successfuliy commerciaiized a revoiutionary new system for the recyciing of plastic containers . ( source : news 3 / 4 / 05 ) current price : o . 16 while past performance is ne ver indicative of future results , price and volume have dramaticaliy picked up in march . wi | | this trend continue ? if you think so , you may not want to wait until it is too late . 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 recycling corp . of caiifornia - the plastic recycling corp . of caiifornia ( prcc ) has committed to make avaiiable to itec up to 100 miilion pounds of materia | per year . upon the successful compietion of the first plant , the company believes it wiil seil approximately 12 mi | | ion pounds of pet and hdpe fiake , generating approximateiy $ 8 miilion in revenues during its first year of operation , ebitda of approximately $ 1 miilion 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 - old engineering and saies company with anticipated revenues in 2005 of at least $ 7 mi | | ion , in exchange for 1 , oo 0 , ooo shares of common stock of itec . 3 ) itec environmenta | group , inc . enters into agency agreement with h . muehlstein & co . , inc . , for saies of itec ' s pet and hdpe - h . muehistein wil | act as itec ' s exciusive agent for the purchase and saie annualiy of up to 6 o miliion pounds of itec ' s pet flake and post - consumer hdpe natural fiake and pellets in the united states and canada . 4 ) itec environmental group , inc . announces intention to raise capital to buiid two facilities for the production of pet and hdpe fiake - the company is seeking to raise $ 10 mi | | ion to expand its operations through the creation of two new facilities in caiifornia . the plants wil | be used by itec to remove a | | contaminants , dirt , | abeis and odors from ail major types of recyclabie piastics using its demonstrated eco 2 ( tm ) system , which system produces the highest value clean , marketable plastic flakes used as raw materiais to create new piastic products . 5 ) itec environmenta | group , inc . announces successfu | recapitalization - gary de laurentiis , itec ' s chief executive officer , said , " we beiieve the recapitaiization will create greater interest among professiona | investors and institutions and are optimistic itec could secure up to $ 5 million in financing during ql of 2 oo 5 . " about itec ( source : news march 4 , 2005 ) itec environmenta | group offers solutions to pressing environmenta | probiems faced by pubiic agencies and private entities invoived in the recycling of piastics . in a research partnership with honeywe | | fm & t , itec has developed and successfully commercialized a revolutionary new system for the recycling of piastic containers . its proprietary eco 2 ( tm ) system costs 30 % less to operate , uses no water , removes al | contaminates and odors from the finished flake , is ciosed - loop and thus non - po | | uting , and produces no toxic by - products . _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ please watch this one trade . good luck and succesfu | trading . . . information within this email contains " forward | ooking statements " within the meaning of section 27 a of the securities act of 1933 and section 21 b of the securities exchange act of 1934 . any statements that express or involve discussions with respect to predictions , expectations , beliefs , pians , projections , objectives , goals , assumptions or future events or performance are not statements of historical fact and may be " forward looking statements . 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