CFO of Converted Organics Inc. (COIN, Financial) David R Allen buys 5,000 shares of COIN on 12/30/2009 at an average price of $0.69 a share.
CONVERTED ORGANICS INC., based in Boston, MA, is dedicated to producing valuable all-natural, organic soil amendment or fertilizer products through food waste recycling. The company uses proven, state-of-the-art technologies to create a product that helps grow healthier food and improve environmental quality. Converted Organics plans to sell and distribute its environmentally friendly fertilizer products in the retail, turf management, and agribusiness markets. The products have a long shelf life compared to many other organic fertilizers. The Company's fertilizer products can be used on a stand-alone basis or in combination with more traditional fertilizers and crop protection products. Converted Organics expects to benefit from increased regulatory focus on organic waste processing and on environmentally-friendly growing practices. Converted Organics Inc. has a market cap of $21.5 million; its shares were traded at around $0.67 with and P/S ratio of 13.9.
CONVERTED ORGANICS INC., based in Boston, MA, is dedicated to producing valuable all-natural, organic soil amendment or fertilizer products through food waste recycling. The company uses proven, state-of-the-art technologies to create a product that helps grow healthier food and improve environmental quality. Converted Organics plans to sell and distribute its environmentally friendly fertilizer products in the retail, turf management, and agribusiness markets. The products have a long shelf life compared to many other organic fertilizers. The Company's fertilizer products can be used on a stand-alone basis or in combination with more traditional fertilizers and crop protection products. Converted Organics expects to benefit from increased regulatory focus on organic waste processing and on environmentally-friendly growing practices. Converted Organics Inc. has a market cap of $21.5 million; its shares were traded at around $0.67 with and P/S ratio of 13.9.
CEO Recent Trades:
- Buy:: President and CEO Edward J Gildea bought 6,500 shares of COIN stock on 12/30/2009 at the average price of 0.7, the price of the stock has decreased by 4.29% since.
- Buy:: President and CEO Edward J Gildea bought 13,000 shares of COIN stock on 12/28/2009 at the average price of 0.65, the price of the stock has increased by 3.08% since.
- Buy:: President and CEO Edward J Gildea bought 6,000 shares of COIN stock on 12/28/2009 at the average price of 0.65, the price of the stock has increased by 3.08% since.
- Buy:: President and CEO Edward J Gildea bought 8,000 shares of COIN stock on 12/23/2009 at the average price of 0.66, the price of the stock has increased by 1.52% since.
- Buy:: President and CEO Edward J Gildea bought 7,000 shares of COIN stock on 12/22/2009 at the average price of 0.68, the price of the stock has decreased by 1.47% since.
