-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, EHDiYjqm2ztxNT5NsQ2bO2zA4b9Qi5L77QM8O8tf5sV0258DV59nYOt3D1qDxQJD xEsPucovz22woiEep+x1Qg== 0000825203-08-000012.txt : 20080425 0000825203-08-000012.hdr.sgml : 20080425 20080425124103 ACCESSION NUMBER: 0000825203-08-000012 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20080423 ITEM INFORMATION: Results of Operations and Financial Condition ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20080425 DATE AS OF CHANGE: 20080425 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ITRONICS INC CENTRAL INDEX KEY: 0000825203 STANDARD INDUSTRIAL CLASSIFICATION: AGRICULTURE CHEMICALS [2870] IRS NUMBER: 752198369 STATE OF INCORPORATION: TX FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 033-18582 FILM NUMBER: 08776744 BUSINESS ADDRESS: STREET 1: 6490 SO. MCCARRAN BLVD. STREET 2: BLDG C STE 23 CITY: RENO STATE: NV ZIP: 89509 BUSINESS PHONE: 7756897696 MAIL ADDRESS: STREET 1: PO BOX 10725 STREET 2: 6490 SO. MCCARRAN BLVD. NO 23 CITY: RENO STATE: NV ZIP: 89510 8-K 1 it8k042308.htm FORM 8K UNITED STATES

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported):         April 23, 2008

 

ITRONICS INC.

-----------------------------------------------------------------------------------------------------------

 

                                             Texas                                 33-18582                           75-2198369

                              (State or other jurisdiction             (Commission File                    (IRS Employer

                                    of incorporation)                           Number)                         Identification No.)

 

6490 So. McCarran Boulevard, Building C, Suite 23 Reno, Nevada            89509

                  (Address of Principal Executive Offices)                                   Zip Code

 

Registrant’s telephone number, including area code: (775) 689-7696

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))


Item 2.02: Results of Operations and Financial Condition

On April 23, 2008 the Company announced its unaudited consolidated revenues for the quarter ended March 31, 2008. A copy of the press release is attached as Exhibit 99.1.

In accordance with General Instruction B.2 of Form 8-K, the information in this Current Report on Form 8-K, including Exhibit 99.1, shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liability of that section, and shall not be incorporated by reference into any registration statement or other document filed under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.

Item 9.01 Financial Statements and Exhibits

Exhibits:

99.1 Press Release dated April 23, 2008

 

 

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

ITRONICS INC.

                                                                                    (Registrant)

Date: April 25, 2008                                                  By: /S/ John W. Whitney

                                                                                      John W. Whitney

                                                                                      President, Treasurer and Director

                                                                                     (Principal Executive and Financial

                                                                                     Officer)

2


 

EX-99 2 itex99042308.htm EXHIBIT 99.1 Silver Bar 6/18/99

Exhibit 99.1

 

FOR IMMEDIATE RELEASE                                                                     Contact:    Paul Knopick

                                                                                                                                      888-795-6336

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ITRONICS REPORTS 22% INCREASE FIRST QUARTER 2008 SALES

RENO, Nevada, April 23, 2008 -- Itronics Inc. (OTCBB: ITRO; Frankfurt and Berlin Stock Exchanges: ITG) reported today that total sales were $650,000, up 22 percent compared to the first quarter of 2007.

First quarter 2007 GOLD'n GRO fertilizer division sales were $446,000 compared to $414,000 in the comparable quarter last year, an increase of 8 percent. World-wide demand for fertilizers increased sharply in the first quarter creating shortages of certain basic fertilizer materials. Because of this, delays were experienced in obtaining raw materials and some GOLD’n GRO liquid fertilizer deliveries were delayed to the second quarter. At the end of the first quarter, Itronics had the largest backlog of truck load orders since it began fertilizer manufacturing.

Silver sales were $117,000, up 70 percent in the first quarter. In March Itronics successfully tested its temporary screening machine installation. Itronics expects that this incremental expansion in silver production capacity will increase silver output in 2008.

Photochemical services sales were $35,000, down 24 percent over the prior year quarter, due to a reduction in photoliquids from one supplier. However Itronics has a large on-site supply of photoliquids, so this reduction did not affect GOLD’n GRO fertilizer manufacturing. During the quarter Itronics finalized terms for a new liquid photochemical services agreement with a large service company and expects to start receiving liquids for processing in the second quarter. Itronics believes that with agreements in place, and being negotiated, it has sufficient photographic liquid raw materials to support GOLD’n GRO liquid fertilizer sales growth.

Itronics Mining Technical Services sales were $52,000 in the first quarter, an increase of 958 percent over the prior year’s first quarter and a 93 percent increase over 2007 full year sales. The increase is expected to continue.

As previously announced, on March 27, 2008 Itronics was informed that its wholly-owned subsidiary Itronics Metallurgical, Inc. had received label registration for GOLD’n GRO Guardian Deer Repellent from the U.S. Environmental Protection Agency (EPA). "Itronics Metallurgical is now in the process of registering GOLD’n GRO Guardian in 11 states so that sales development can be started in mid to late May or early June," said Dr. John Whitney, President.

Itronics expects to report full financial results for the first quarter on May 15 when it files its First Quarter Form 10-QSB.

About Itronics

Headquartered in Reno, Nevada, Itronics Inc. is a "Creative Environmental Technology" company. Through its subsidiary, Itronics Metallurgical, Inc., Itronics is the only company with a fully permitted "Beneficial Use Photochemical, Silver, and Water Recycling" plant in the United States that can convert used photoliquids into pure silver and GOLD’n GRO liquid fertilizers. The Company also provides environmentally compatible mining technology development, project planning, and technical services to the gold mining

***More***


4-23-08 Itronics Inc Press Release, "Reports 22% Increase First Quarter…"

 

industry and operates the popular InsideMetals.com web site at http://www.insidemetals.com, which provides a value-added WORLD VIEW of Gold Producer Stocks, Mineral Producer Stocks, Junior Gold Stocks, and Junior Mineral Stocks. Itronics has received numerous domestic and international awards that recognize its ability to successfully create and implement new environmentally compatible recycling and fertilizer technologies. The Company’s environmentally friendly GOLD’n GRO liquid fertilizers can be used for lawns and houseplants, and are available, along with liquid fertilizer injectors, at the Company's "e-store" catalog at http://goldngro.com .. The popular Silver Nevada Miner bars are available at the Company's "e-store" catalog at http://www.itromet.com .

* * * * * * * * * *

VISIT OUR WEB SITE: http://www.itronics.com

 

("Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: This press release contains or may contain forward-looking statements such as statements regarding the Company's growth and profitability, growth strategy, liquidity and access to public markets, operating expense reduction, and trends in the industry in which the Company

operates. The forward-looking statements contained in this press release are also subject to other risks and uncertainties, including those more fully described in the Company's filings with the Securities and Exchange Commission. The Company assumes no obligation to update these forward-looking statements to reflect actual results, changes in risks, uncertainties or assumptions underlying or affecting such statements, or for prospective events that may have a retroactive effect.)

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