| ITec
Environmental Group is is engaged in the business of recycling
used plastic containers, including those contaminated with motor oil and
pesticides. The Company's EC02(TM) System grinds the containers into plastic
"flakes" which are cleaned and processed into uncontaminated, odor-free
pellets suitable for new plastic products.
The company's principal business
activities are conducted through two operating subsidiaries: ITec Environmental
Systems, Inc. (ITec), and ITec Management Corporation (ITecMC). The Company
will create plastic recycling plant "divisions", which will operate as
joint ventures or partnerships, with the Company owning the majority interest
in each recycling plant. The company plans include building plants
throughout the United States. |
