Converted Organics Inc. 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. As of December 31, 2008, the Company operated two facilities: Woodbridge facility and Gonzales facility. The Company derives revenue from two sources: tip fees and product sales. Waste haulers pay the tip fees to the Company for accepting food waste generated by food distributors, such as grocery stores, produce docks, fish markets and food processors, and by hospitality venues, such as hotels, restaurants, convention centers and airports. On January 24, 2008, the Company acquired Waste Recovery Industries, LLC (WRI) and United Organic Products, LLC (UOP).