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Itronics Answers Shareholder Inquiries on SEC Filing
| Source: Itronics Inc.
RENO, NV--(Marketwire - May 12, 2009) - Itronics Inc. (OTCBB : ITRO ) (OTCBB : ITROE )
(FRANKFURT : ITG ) (BERLIN : ITG ) said today that while it is making every
effort to file its Form 10-K with the U.S. Securities and Exchange
Commission prior to May 18th, 2009, its Board of Directors has decided to
spend current resources on the business. Specifically, Itronics said it
has a record backlog of orders it is attempting to fill, causing a major
increase in cash flow requirements. "While we understand the impact this
has on our loyal shareholders, we simply have to do what is best for the
future of the entire Company," said Dr. John Whitney, President.
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("Safe Harbor" Statement under the Private Securities Litigation Reform Act
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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.)