Greystone Logistics Inc. (GLGI)

[NoNameStocks]

The CFO answered some of my questions today.

I had emailed them following earnings. You may or may not already know some of this but here it is. Their responses in Italic

1. Do you have any interest on getting Greystone listed on a major exchange? If so are you taking any steps to get there and do you have a target time frame in mind? There is currently no interest to be listed on a major exchange.

2. Have you thought about doing conference calls to go along with your earnings releases? Not at the current time. Greystone will continue to seek better ways to communicate with shareholders.

3. Do you have any comment on Trienda? With Mr. Kruger's involvement it seems like a merger or partnership of some sort might make sense as I imagine there'd be some synergies. Are you planning anything on this front? No comment except that (1) Warren is not involved in the daily operations of Trienda and (2) there is no consideration for a merger. Any relationships that may develop in the future will be timely reported to the public.

4. Can you give an update on the "1/6 and 1/4 barrel slim keg pallet"? When will that be ready? Do you expect large sales on this pallet for your brewery customers? On this one I believe you have a typo on your website because it says this is an "export/one way". The brewery customers have stated an interest in the slim keg pallet, but there is no commitment at the current time. The mold will be completed about November of this year. Any projection of the impact on the market is speculation at this time.
5. In December 2013 you announced delivery of pallets to Anheuser Busch as part of a test run. And then in your loan documentation in Feb there is a mention of terms specific to Anheuser. Can you give any information on the relationship with Anheuser? Have they ordered more pallets? Are they still in the evaluation phase? Do you have any revenue expectations for their account? Do you have a timeframe when we might know more? Greystone is currently developing a mold to specifically meet Anheuser Busch’s needs. Accordingly, any new orders will be contingent on AB’s evaluation. The AB mold is complete and samples should be shipped to AB in approximately one month. Any timing or sales projection on Greystone’s part would be purely subjective.