Replies to post #1372 on IGS Capital Group Ltd. (IGSC)

[MisterEC]

SRRY Bid: 0.27 Ask: 0.51 Last: 0.51 ($): 0.03 Vol: 150

Some thing traded 150 at the bid. Smells like an MM to me.

[EZ2]

Press Release Source: Sancon Resources Recovery, Inc.

Sancon Enters Into e-Waste Business
Wednesday January 10, 7:00 am ET


SHANGHAI, China--(BUSINESS WIRE)--Sancon Resources Recovery Inc (OTCBB:SRRY - News) announced today its wholly owned subsidiary Sancon Recycling has entered into the electronic waste business through a partnership with Australia P.C. Distributors, the largest refurbished personal computer distributor in Australia.
In recent years, obsolete electronic goods or e-waste has become one of the fastest growing wastes. Spurred by rapid adoption of technology advances, millions of computers, monitors, copiers, fax machines, printers, televisions, and other electronic items are disposed as waste each year around the world. According to Australian Broadcasting Corporation, it is expected that 2.1 million new computers will enter the Australian market in 2006. During the same period, 3 million computers will become obsolete, of which 0.5 million will be recycled and most of the remaining are stored away for future disposal or recycling.

Computers and other electronic equipment are made from different materials. Many of these materials are inherently valuable, such as gold and platinum, and many are hazardous. Sancon's e-waste program engages safely regulated disassembling and processing units, which keeps hazardous materials free from our society and recovers valuable secondary raw materials. Sancon projects to recycle 400 tons of e-waste each quarter in conjunction with Australia P.C. Distributors Pty Ltd. Sancon aims to expand similar programs with other electronic, computer and cell phone distributors in Asia.

"The world is consuming more and more electronic products every year. This has caused a sharp increase in e-waste containing toxic chemicals and heavy metals that need to be recycled safely. Every year, millions of old computers and mobile phones are dumped in landfills or burned in smelters," comments Mr. Jack Chen, CEO of Sancon. "Sancon is exploring new ways of addressing this growing challenge for businesses, residents, and local governments as they search for better ways to reuse, recycle, or properly dispose of electronic scrap."

About Sancon Resources Recovery Inc

Sancon Resources Recovery, Inc. (OTCBB:SRRY - News) collects and processes industrial and commercial waste plastics and sells them to manufacturing customers in China. Sancon also trades in recycled plastics originated from countries such as the US, Japan, and Australia. Its operations are in Guangdong Province in China, Australia, and Hong Kong. Today, Sancon serves many industrial clients throughout Asia and Australia and exports more than 25,000 tons of recycled industrial waste materials annually to its customers in China. The use of recycled materials is both environmentally friendly and an important part of the competitive manufacturing to lower raw material costs. The high cost of raw materials resulting from soaring oil prices for Chinese manufacturers have created tremendous demand for recycled waste materials generated from developed countries. For more information visit: www.sanconinc.com

Forward-looking statements:

The statements made in this press release, which are not historical facts, may contain certain forward-looking statements concerning potential developments affecting the business, prospects, financial condition and other aspects of the company to which this release pertains. The actual results of the specific items described in this release, and the company's operations generally, may differ materially from what is projected in such forward-looking statements. Although such statements are based upon the best judgments of management of the company as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the company's dependence on third parties, general market and economic conditions, technical factors, the availability of outside capital, receipt of revenues and other factors, many of which are beyond the control of the company. The company disclaims any obligation to update information contained in any forward-looking statement.



Contact:
Bear Creek Capital
Alex Lewis, 407-574-7309
[e-mail]

--------------------------------------------------------------------------------
Source: Sancon Resources Recovery, Inc.

[EZ2]

Press Release Source: Sancon Resources Recovery, Inc.

Sancon to Present at FSXOne Conference in Dallas, TX
Wednesday January 17, 7:00 am ET


SHANGHAI, China--(BUSINESS WIRE)--Sancon Resources Recovery Inc (OTCBB:SRRY - News) a growing industrial waste recycling company in China, will be presenting at the FSX (Financial Services Exchange, Inc.) investors conference in Dallas, TX on Friday January 26th, 2007. The company is seeking exposure from a captive audience of NASD member firms that FSX has been bringing to their conferences for the past 24 years.
Sancon recently announced a profitable third Quarter, and expects to see continued growth through 2007. Highlights from the audited Q3 2006:

Third quarter revenues grew 721% to $1.59 million from $0.19 million for the same period of 2005.
Gross profit increased to $0.21 million from $0.07 million for the same period of 2005.
Net income was $53,098 compared with net loss $27,076 for the same period in 2005.
Fully diluted EPS for the third quarter 2006 rose to positive $.003 from negative ($.002) for the third quarter of 2005.
The company's three divisions are headed by an experienced management team and are fully on track with revenue targets. There is strong demand for plastic production and for recycled materials in China. In 2005 exports of plastic products from China exceeded $10 billion and China imports more than eight million tons of recycled plastic materials each year. Sancon is positioned to achieve 1% of the total national imports over the next two years, which would triple current production and output.

Today, Sancon serves many industrial clients throughout Asia and Australia and supplies more than 25,000 tons of recycled industrial waste materials annually to its customers in China. The use of recycled materials is both environmentally friendly and an important part of the competitive manufacturing process to lower raw material costs. The high cost of raw materials as a byproduct of soaring oil prices for Chinese manufacturers has created tremendous demand for recycled waste materials generated by developed countries. For more information visit: www.sanconinc.com.

FSX hosts quarterly investment conferences around the country, providing opportunities for networking and one-on-one communication between independent broker/dealers and companies seeking exposure or funding. FSX is the oldest, most established U.S. forum for independent broker/dealers, and has raised over $1.5 billion for its presenters in the past 24 years. FSX conferences also provide a forum for direct investment programs, mutual funds, and asset management companies. For more information visit: www.fsxone.com.

Forward-looking statements:

The statements made in this press release, which are not historical facts, may contain certain forward-looking statements concerning potential developments affecting the business, prospects, financial condition and other aspects of the company to which this release pertains. The actual results of the specific items described in this release, and the company's operations generally, may differ materially from what is projected in such forward-looking statements. Although such statements are based upon the best judgments of management of the company as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the company's dependence on third parties, general market and economic conditions, technical factors, the availability of outside capital, receipt of revenues and other factors, many of which are beyond the control of the company. The company disclaims any obligation to update information contained in any forward-looking statement.



Contact:
Bear Creek Capital
Alex Lewis, 407-574-7309
[e-mail]

--------------------------------------------------------------------------------
Source: Sancon Resources Recovery, Inc.