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ITEC Environmental Colorado Inc. <br />c/o Mabne Stewart Green <br />3182-A Mesa Ave. <br />Grand Junction, CO 81504 <br />970-434-3004 Phone <br />970-434-0569 Fax <br />MEMORANDUM <br />Date: December 28, 2000 <br />To: <br />From: Maxine Green ~ ~~_$'3_`~I c~~/}-9y-`/7 <br />~~rm~~ . <br />Re: Update -Pending Sale of ITEC Environmental Colorado Inc. <br />It appears that the sale of ITEC Environmental Colorado inc. will be completed in <br />February, 2001. A portion of ITEC's real estate is being acquired by Boulder <br />County Open Space. The remaining assets of the company, inc{uding the Gold <br />Hill Mill and all operating permits are being acquired by a private interest. The <br />transaction is being handled by ITEC's corporate attorney: <br />Mr. Kurt Petersen <br />Davis Graham 8~ Stubbs LLP <br />1550 17th Street, # 500 <br />Denver, CO 80202 <br />Phone: 303-892-7365 <br />Fax: 303-893-1379 <br />Please contact Kurt if you have any questions regarding ITEC Environmental <br />Colorado Inc. during this transition period. <br />