NASDAQ, COIN - Coinbase Global Inc Cl A
Converted Organics Inc. is transitioning from a development stage company (first
reported revenues were in February 2008) to a fully operational company that
seeks to construct processing facilities that will use food waste as raw
material to manufacture all-natural soil amendment products combining
nutritional and disease suppression characteristics. In addition to our sales in
the agribusiness market, we plan to sell and distribute our products in the turf
management and retail markets. We have obtained a long-term lease for a site in
a portion of an industrial building in Woodbridge, New Jersey that the landlord
is modifying and that we will equip as our first internally constructed organic
waste conversion facility (the ?Woodbridge facility?). We currently have no
operations at the Woodbridge facility, and do not expect to generate any revenue
until the facility is completely operational, which the Company expects to occur
in the second quarter of 2008. ...
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