Converted Organics Provides Update on Its Senior Convertible Note

BOSTON, Dec. 22, 2011 (GLOBE NEWSWIRE) -- Converted Organics Inc. (OTCBB:COIN), a manufacturer of organic liquid fertilizers and the owner of three lines of business involving converting organic wastes to fertilizer, recycling industrial waste waters, and vertical farming, provided an update on its senior convertible note. The aggregate unpaid principal balance of the note, originally $3.8 million as of October 1, 2011, has declined to $2.6 million as of December 22, 2011. To date, the total of $1....continued COIN  Chemicals organic fertilizer

URL: http://www.investorpoint.com/news/OTCBULLB/47095270/