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To: Jim Bishop who wrote (58416)	8/8/2000 8:37:59 PM
From: Jim Bishop	Read Replies (2) \| Respond to of 150070

ITGI hmmm, someone else has noticed this one...and wow, we've got the RB thread up to 9 posts, LOL maybe I'll grub #10. otcnn.com Unbiased Reporting on Over-The-Counter Bulletin Board Companies No paid content. Send This Page To A Friend ITGI Acquires Safetire Assets & CEO, Splits 4 for 1 By Jack Burney Published by OTCNN.com 08/08/2000 08:12 AM CST Dallas-based Integrated Technology Group, Inc. (OTCBB: ITGI) acquired Oklahoma’s Safetire Recycling Corporation, including its CEO, who will be ITGI’s new CEO, and now it is launching a 4-1 stock split and proposing to boost authorized capital stock to 50-million shares, pending shareholder approval at the annual meeting, September 5. The stock soared to $5.875. In a statement, the board said it believes that the proposed split of shares is desirable to enhance the company's flexibility in connection with possible future actions, such as stock dividends, corporate mergers, acquisitions of property, the funding of its business, and most importantly its proposed listing on the Frankfurt Exchange. Which pretty much tells you that something’s coming. Toward the same end, the board unanimously adopted a resolution proposing to amend the Certificate of Incorporation to increase the authorized capital common stock to 50,000,000 shares, and will put it to the annual meeting next month for an okay. Scott Holden, CEO of Safetire, is now CEO of ITGI. The deal was swung with $5 Million in cash raised by Ameri-First Securities Corp. and 9 million shares of Rule 144 common stock of ITGI. The company plans to effect its 4 for 1 stock split within 10 days of approval by the shareholders, around September 15. Safetire Recycling Corporation is an Oklahoma corporation with processing plants throughout the States of Texas and Oklahoma. Safetire is a multi-faceted rubber recycling company involved in the processing, manufacturing, and distribution of recycled rubber. Its assets exceed $50 million and it has posted year-end profits in excess of $4 million. Integrated Technology Group previously was in the business of marketing of “garden greeting cards, which combine greeting card themes with a variety of plants or flowers. For the nine months ended 3/31/00, sales were about $3,000. Stock Action Summary: Price as of 8/7/00: $5.875 UP $0.1875 Volume: 42,800 Bid: $5.8125 Ask: $5.875 P/E: N/A 52-week range: $3.75 – 6.125 Shares Outstanding: 8,000,000 Market Cap: $47.0 million