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COIN Agricultural Stock Alert for Converted Organics Inc. Issued by Beacon Equity

Companies:Converted Organics Inc
Press Release Source: Beacon Equity On Wednesday February 10, 2010, 6:50 am EST

DALLAS, Feb. 10, 2010 (GLOBE NEWSWIRE) -- BeaconEquity.com announces an investment report featuring Converted Organics Inc. (Nasdaq:COIN - News). The report includes financial, comparative and investment analyses and pertinent industry information you need to know to make an educated investment decision.



The full report is available at: http://www.beaconequity.com/i/COIN



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Converted Organics Inc. (COIN) operates processing facilities that use food waste as raw material to manufacture all-natural soil amendment products combining nutritional and disease suppression characteristics. In addition to its sales in the agribusiness market, the Company sells and distributes its products in the turf management and retail markets.



Message Board Search for COIN: http://www.boardcentral.com/boards/COIN



In the report, the analyst notes:



"COIN announced that third-quarter 2009 sales of organic fertilizer products from the Company's Gonzales, California, manufacturing facility increased approximately 64% over sales from the quarter ending September 30, 2008. The Company also reported a positive operating margin from its Gonzales plant of approximately 11% of sales for the quarter ended September 30, 2009, as compared to a negative operating margin of 45% of sales for the same quarter in 2008.



"COIN recently announced that it shipped a re-order for its organic Lawn & Turf fertilizer to The Home Depot, the world's largest home improvement specialty retailer, in preparation for the upcoming 2010 growing season. The Home Depot placed its initial order for COIN all-natural Lawn & Turf fertilizer in December 2008 through distributor New England Pottery, an affiliate of Central Garden & Pet. Last year, COIN's Lawn & Turf fertilizer was carried in 94 The Home Depot stores throughout Massachusetts, Connecticut, Rhode Island and Long Island, New York."



To read the entire report visit: http://www.beaconequity.com/i/COIN



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BeaconEquity.com is one of the industry's largest small-cap report providers. Beacon strives to provide a balanced view of many promising small-cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in their research and due diligence by providing daily trading ideas, and consolidating the public information available on them. For more information on Beacon Research, please visit http://www.BeaconEquity.com



Beacon Equity Disclosure



DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS REPORT. We are not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (the "SEC") or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice. Beacon Equity Research nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. The information contained in our report is not an offer to buy or sell securities. We distribute opinions, comments and information free of charge exclusively to individuals who wish to receive them.






Contact:
Beacon Equity ResearchJeff Bishop (469)[e-mail] © 2010 GlobeNewswire. All rights reserved. Redistribution