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Converted Organics (COIN) Moving Premarket On News That Many Customers Re-Ordering
Converted Organics (COIN) is out this morning pumping up its stock, saying that they have received re-orders for its organic granular and liquid fertilizers from a variety of customers. Converted Organics Inc. (NASDAQ:COIN) announced today that the Company has received re-orders for its organic granular and liquid fertilizer products from a wide spectrum of existing customers, including golf courses and country clubs, lawn care professionals, and agricultural growers.
“Our customers report being extremely pleased with the performance of Converted Organics’ all-natural fertilizers, whether on professional turf, residential lawns, or crops. We are receiving additional product orders from many of them to meet their fall 2009 and spring 2010 growing needs,” said Edward J. Gildea, President of Converted Organics.
Shares of COIN are up about 15% in premarket trading.
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