BOSTON, April 5, 2012 (GLOBE NEWSWIRE) -- Converted Organics Inc. (OTCQB:COIN) announced today that it has scheduled a conference call on Thursday, April 12, 2012 at 10:00 AM EDT to update shareholders on recent business developments, discuss the Company's results for the quarter and year ended December 31, 2011, and provide an update on its senior convertible note.
"We look forward to the opportunity to provide our shareholders with information about the Company, the progress we have made in reducing out senior convertible note, and other efforts we have undertaken to provide value to our shareholders including our previously announced investment in Innovate/Protect and its planned merger with Vringo (AMEX:VRNG)," said Edward J. Gildea, President of Converted Organics.
Shareholders who wish to participate in the conference call may telephone (888) 428-7458 from the U.S. and Canada or (201) 604-5177 from international locations. The call will also be broadcasted simultaneously via a live webcast on the Company's website at http://ir.convertedorganics.com/events.cfm and clicking on 'Listen to Webcast'. A recording will remain available on the website after the call ends.
About Converted Organics
Converted Organics Inc.'s (OTCQB:COIN) mission is to promote, develop and operate profitable innovative clean technologies that contribute to the improvement of our environment by use of sustainable business practices and the judicious use of natural resources. Our primary line of business is manufacturing and selling Organic Fertilizer.
The Converted Organics Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=7431
This press release contains forward-looking statements that are subject to risks and uncertainties. These forward-looking statements include information about possible or assumed future results of our business, financial condition, liquidity, results of operations, plans and objectives. In some cases, you may identify forward-looking statements by words such as "may," "should," "plan," "intend," "potential," "continue," "believe," "expect," "predict," "anticipate" and "estimate," the negative of these words or other comparable words. The forward-looking statements are qualified by their terms and/or important factors, many of which are outside the Company's control, involve a number of risks, uncertainties and other factors that could cause actual results and events to differ materially from the statements made. The forward-looking statements are based on the Company's beliefs, assumptions and expectations of our future performance, taking into account information currently available to the Company. These beliefs, assumptions and expectations can change as a result of many possible events or factors, including those events and factors described in the "Risk Factors" section in the Company's most recently filed annual report on Form 10-K, not all of which are known to the Company. Neither the Company nor any other person assumes responsibility for the accuracy or completeness of these statements. The Company will update the information in this press release only to the extent required under applicable securities laws. If a change occurs, the Company's business, financial condition, liquidity and results of operations may vary materially from those expressed in the aforementioned forward-looking statements.
COIN-G