Tag Archives: COIN

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 … Read the rest

Study Shows Converted Organics (COIN) Fertilizer Beats Competitors For Golf Course Turf

A study performed by Archer Daniels Midland Company and Fermanian Consulting, LLC showed that Converted Organics’ Turf Blend 6-0-0 outperformed both synthetic and natural competitors when it comes to growing golf course turf. The study compared Converted Organic’s product to urea and sulfur coated urea, NaturStim Liquid and granular treatments, Milorganite, L-Soy 9 and NaturStim Granular.

In a press release, representatives from Converted Organics and Fermanian Consulting commented on the results:

“This study is significant … Read the rest

Converted Organics (COIN) Announces 50% Revenue Increase

Shares of Converted Organics (COIN), which continue to look bullish, are up another 10% in premarket trading following a press release from the company stating that their revenues for the first half of 2009 are tracking 50% higher than the year ago period.

“Converted Organics is very pleased that our revenue continues to increase as a result of our achievements to date this year, specifically sales from our Gonzales, California facility and the progress made … Read the rest

What’s Up With Converted Organics (COIN)?

Yesterday Converted Organics (COIN) soared nearly 50% with near record volume with no news (at least that I have been able to find).  Perhaps the news will come out later.  There is news out this morning that customers are seeing positive results with their organic fertilizers and placing additional orders which insiders may have acted on.  Hard to say.  At any rate, the move is exceptionally bullish as the stock cleared the 50 day moving … Read the rest

World Sports Alliance and Republic of Guinea To Use Converted Organics (COIN) Technology in Africa

Converted Organics just announced that the World Sports Alliance (aka the WSA) and the Republic of Guinea will use the company’s food-waste composting technologies in Africa to turn food scraps into organic fertilizer for crops. The WSA is utilizing Converted Organic’s High Temperature Liquid Composting process as part of its Waste-to-Fertilizer program, and the Republic of Guinea is the first of the WSA’s 24 member nations to begin participating. Hopefully, this technology will help farmers … Read the rest

Converted Organics’ (COIN) Sutton, MA Food Waste Processing Facility Is Approved

Converted Organics just announced that it has received a permit from the MA Department of Environmental Protection for its Sutton, MA food waste processing facility. Like Converted Organic’s facility in Woodbridge, New Jersey, this facility will turn food waste into fertilizer for plants.

In a company press release, Edward J. Gildea, President of Converted Organics, explained the significance of the permit:

“The development of a Converted Organics food waste processing facility in Sutton, Massachusetts … Read the rest

Converted Organics (COIN) Announces Large Fertilizer Shipment

Converted Organics just announced that they have shipped 46 tons of their organic fertilizers and soils amendments to a major retail chain. The products, which are made from recycled food wastes, will be available for gardeners to purchase in time for the spring planting season. Over the next few days, Converted Organics will ship even more product out, with an additional 55 tons of fertilizer scheduled to reach the same chain by March 6.

Some … Read the rest

Converted Organics (COIN) Popping Intraday on Partnership With Archer Daniels Midland (ADM)

Coverted Organics (COIN) just surged about 10% intraday on news of a strategic partnership with Archer Daniels Midland (ADM) to develop organic liquid based and solid fertilizers for use in the professional turfgrass market and will have access to ADM’s patent pending technology.… Read the rest

Converted Organics (COIN) Partners With Gro Group For Wide Distribution

Converted Organics (COIN) is announcing this morning that their complete line of organic fertilizers will be available at hundreds of independent garden centers, nurseries and specialty stores across the country through a partnership with Gro Group who will distribute the fertilizers.

“Converted Organics’ partnership with Gro Group will be instrumental in satisfying the nationwide consumer demand for our organic fertilizer products for the spring 2009 growing season,” said Richard P. Aleo, Executive Vice President of … Read the rest

Converted Organics (COIN) Issues Dividend

Converted Organics announced yesterday that it would grant shareholders a dividend of 3 shares of common stock for each 20 shares of common stock. Dividends will be paid to all shareholders who have at least 20 shares of the stock on November 17, 2008 and will be paid December 1st, 2008.

According to Edward Gildea, President of Converted Organics,

"Converted Organics believes that the current price of its common stock does not reflect the long-term

Read the rest