Huh??? Yep remembered they were bought out recently by Converted Organics. Now Converted Organics announced today that they established Pharmasphere??? This thing never made sense from the very beginning. Two years this parcel has been tied up for $1, that was never paid, and not one penny of tax revenues has been collected.
Clicke here for the press release. here is part:
BOSTON, July 29, 2010 (GLOBE NEWSWIRE) -- Converted Organics, Inc. (Nasdaq:COIN) today announced that TerraSphere Systems, LLC, a leader in the vertical farming market, has established PharmaSphere Systems, LLC as a biotechnology company that will produce and market high-value, plant-based compounds to the pharmaceutical, nutraceutical, and cosmeceutical markets, through the use of TerraSphere's vertical farming technology.
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