International Bio Recovery Corporation V.IBR

CONVERTED ORGANICS I (NasdaqCM: COINU )

[Flexy6]

CONVERTED ORGANICS I (NasdaqCM: COINU ) opened trading today at five dollars a share. It is hard for me to believe what IBR is now selling at, in view of the fact that IBR has a royalty agreement to receive six percent of sales for forty years from CONVERTED ORGANICS I.

[harrybollucks]

Yes, Converted Organics will pay IBR a royalty for 40 Years. Also, they now owe IBR a bunch of money. They also have to buy the IBR equipment. This is big news. What you all think?

[spacespot501]

Here's points 8 and 9 Harry from the IBR Plant Licence Agreement dated Feb. 09, 2000. This deals with fertilizer research as well as the next phase of development. " 8. MOM will pay to IBR for all growing trials results conducted by Genica, marketing analysis and conclusions prepared by Genica, the sum of $352,000 CDN payable as follows.

[kog]

OBVIOUSLY,THIS HAS SET OFF A MARKET FRENZY!! A DROP OF 19.23% TODAY TELLS ME THE PARTY'S JUST BEGINNING. IN MY OPINION, UNTIL THEY YANK THE PITCHER AND GO TO THE BULLPEN YOU CAN FORGET ABOUT IT. DOES ANYONE REALLY KNOW IF THE BOARD OF DIRECTOR'S MEETS REGULARLY AT A LOCAL MCDONALD'S TO DRAW UP THEIR STRATEGIC PLANS OR DO THEY JUST GET TOGETHER AT THE CLUB? HOW'S THE

[harrybollucks]

Shouldn't this be on an IBR announcement? This is amazing news. The IBR process, is now in the USA, and the company is not telling anyone? What the hell is going on? From Stockhouse: Paulson Investment Company, Inc. Completes Initial Public Offering of Converted Organics Inc. [GTCVDXV] PORTLAND, OR -- (MARKET WIRE) -- 02/16/07 -- Paulson Investment Company, Inc., a wholly