Greystone Logistics Inc. (GLGI)

[jersyeguy]

congratulations to GLGI on am extremely impressive quarter...if you look carefully at the Q in conjunction with the recent announcement about the leasing arrangement you will realize how brilliant the transition has been from almost total reliance on their major customer to new products and new sales avenues.Their major customer will continue to contribute to quarterly revenues and they are in no danger of losing that customer ( way too embedded in the logistics chain ) but the leasing company puts a huge new inherently free sales force in the field to compliment GLGI's in house sales force...while GLGI innovates new products for new customer bases ( wine pharmaceuticals etc) the leasing company's sales force drives increased usage of existing product lines...all in all a win win business model that will i believe drive increasing revenues and profitability....i believe GLGI is on track to have dramatically improving fundamentals in 2016 and way beyond...if you look at current market cap. vs just current fundamentals GLGI is dramatically undervalued..and those fundamentals are on track to improve substantially...obviously GLGI is a small fish in a very big and currently very turbulent ocean.(down 500 dow points today )..but as a long term investment for patient investors i feel this is a very attractive company