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Converted Organics Inc. NASDAQ:COIN announced on 28th of December that it’s President and Chief Executive Officer Mr. Edward Gildea will present at the semiannual conference held by Sidoti & Company. The LLC Micro cap conference is scheduled to hold on January 10, 2011 at the Grand Hyatt New York Hotel in midtown Manhattan. The company’s presentation will be at 10:00 am eastern time.

Converted Organics Inc. NASDAQ:COIN on December 28, 2010 surged 7.85% with the closing price of $0.378. The overall volume in the last trading session was 2.77 million shares. Its fifty two week range was $0.30- $1.27. The total market capitalization remained $ 21.44 million.

COIN is above its 52 week low with 26% and below from 52 week high price with 70.24%. COIN last month stock price volatility remained 9.30%. In its share capital COIN has 56.72 million outstanding shares among them 56.49 million shares have been floated in market exchange. COIN stock insider ownership included 2.64% while its institutional ownership remained 1.46%.

The COIN current stock price is moving above its 20 days moving average with 9.72% and contrary moving behind its 50 days moving average with 8.03%. Company’s current year earnings per share increased with 60.12% while its quarter performance remained -10%.

Converted Organics Inc. (Converted Organics) operates processing facilities that use food waste and other raw materials to manufacture all-natural fertilizer and soil amendment products combining nutritional and disease suppression characteristics. In addition to its sales in the agribusiness market, it sells and distributes its products in the turf management and retail markets. Operations at the Woodbridge facility processes solid waste and are producing both liquid and dry fertilizer and soil improvement products. A facility in Gonzales is an operational and produces liquid fertilizer products (the Gonzales facility). The facility produces at approximately 60% of potential production capacity to accommodate sales demand. In November 2010, the Company acquired 95% interest in TerraSphere Systems, LLC.