Grocers Organic

Converted Organics (NASDAQ: COIN) Two Paths for Growth

Converted Organics announced today that TerraSphere Systems, LLC, a company Converted is in the process of acquiring, has shipped its first crop of lettuce under the Eco Spirit label for its licensee, the Squamish Nation, to Choices Markets, Western Canada’s largest natural and organic grocer.

The TerraSphere shipment contained 71.3 pounds of fresh romaine lettuce which travelled from the TerraSphere facility in Surrey, British Columbia, to local Choices Markets, providing fuel efficiency and reduced shipping costs. Following the announcement there was an immediate upward swing of 8% in shares of Converted today. Currently, the stock is trading up $.02 or about 5% at $.43 a share.

For all the green investors out there, here is more good news to cheer about- Converted CEO Edward J. Gildea was among eight “green executives” selected to present at the Agriculture 2.0 Global Investments Conference on September 14, 2010 in New York City.

Mr. Gildea will discuss Converted‘s proprietary agricultural technology and TerraSphere’s vertical farming systems on the Agriculture 2.0 Investment Opportunities panel at 2:00 p.m. EDT. Converted will also have an informational display table at the event.

Despite the share of Converted hitting a new low for the year at $.37 a share and some bearish sentiment prevailing among the wires, the shares could be poised for a dramatic rebound. The Company has scheduled a Special Meeting of Shareholders for September 16, 2010 to vote on the proposed acquisition of TerraSphere, and encourages all shareholders to vote regardless of their attendance. It will be interesting to see the response to the proposal and should the acquisition be approved, perhaps finally boost some investor’s confidence.

Lastly, the company released some details of an accounting and restructuring modifications last July. The proposal will help Converted reduce operating expenses by $2.1M per year, or more. Converted can still manage the aggressive growth path if it can materialize the proposed acquisition along with the reorganization.

For more information  visit: http://www.worldmarketmedia.com/779/section.aspx/2388/post/converted-organics-nasdaq-coin-two-paths-for-growth

A vegan assaulted me by hitting me with a celery stick this weekend. So I pummeled him with cocunuts?

We were in the produce section of our local grocer and he appeared to be upset that I had animal products in my basket (just egg whites and organic skim milk, I am a vegetarian you know) I think perhaps he was also upset that my wife and I were obviously a far more attractive couple than the vegan and his companion. Do you think I overreacted?
COCONUT My bad, I must lern to spel bettur
Come’on ROTTINCHERI How could he be more attractive than me. For goodness sake, he was a vegan!
DEEGARY OK Dee, I won’t try to take the last of the celery at the grocer and promise to shower after my next jog if I’m going shopping, I was a bit ripe come to think of it. Live and learn. Thanks for the advice.
DEEGARRY That was really pleasant to hear from a vegan with a personality. Most that I have run accross are very much lacking in the funny bone department. Good for you. The world needs more humor, especially the v & v forum.

Okay, that was my brother you pummeled with coconuts! As for your thoughts of him hitting you with celery sticks…. you and my brother were fighting over the last of the celery sticks in their package! When my brother finally got a hold of them, he noticed they were all broken and began hitting you with it.

As for your thoughts of attractive, I have to say that it looked as if you just got done jogging 30 miles, with sweat under your arm pits and the stink that arose in the produce section.

Keep you and your wife away from us or we’ll call the police next time!

How To Shop in NW Austin / Shout-Out for new store in Cedar Park, TX – Natural Grocers

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