The Graystone Company, Inc. (GYST)

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$GYST-SUPER DD with chart

$GYST- JUST FILED CURRENT!

http://www.otcmarkets.com/financialReportViewer?symbol=GYST&id=118333


8K EVENT FILED APRIL 1ST

1. The Company has started the separation process of its mined copper ore, identifying high-grade ore vs. low-grade ore. This process is being done on site. The low-grade ore will not be sent to the processing plant.

2. On Saturday, March 29, 2014 the company starting testing the high-grade ore and sent samples to a local lab. Yesterday, the company received initial lab reports from the test samples. The results indicate the Company’s high-grade copper ore samples contained 6% copper. The company was only expecting 2.5% - 3.0%.

6% is substantially higher than what was expected.

3. A licensed and permitted laboratory in Nazca, Peru performed this analysis.

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.



8K EVENT FILED MARCH 31ST

(1) The Company’s copper mining operation has produced approximately 85 tons of Copper Ore. Once the ore is processed the Company will provided an update on the purity levels.

(2) The Company’s Board of Directors has decided to file a Form 15-12G with the United States Securities and Exchange Commission. The Company will continue to file its Quarterly, Annual and Periodic Reports through OTCMarkets.com. The Company made the decision for the following reasons:

a. The Company expenses related to its reporting requirements are approximately $60,000 per year (or $5,000 per month)
b. The OTC Markets new bid requirement of $.01 for 30 days for OTCQB. The Company expects that it would have to do a reverse of the stock to obtain the $.01 prior to the May 1 deadline. The Company currently has no plans to reverse the stock and as such has determined that it will not be able to meet the requirement of maintaining a bid of at least $.01 for the 30 days prior to May 1.
c. The Company has made the decision not to seek convertible notes from Asher or other similar transactions. These transactions require the Company to be reporting to the SEC. As a result of deregistering, the Company will not be able to receive financing from Asher or any other 6 month convertible notes.


The Company’s annual expenses to maintain reporting status are broken out as follows:

i. Audit Expense: $25,000 - $30,000 (expected to increase to $50,000 in next 12 months)
ii.
Legal Expenses: $10,000
iii.
XBRL Fees: $10,000 just to file 10-Qs and 10-K
iv.
OTC Markets New Fee: $10,000




PR Newswire

http://www.otcmarkets.com/stock/GYST/news/Graystone-Company-Announces-Record-Gold-Production?id=77889&b=y

LIMA, Peru, March 25, 2014 /PRNewswire/ -- The Graystone Company (OTCQB: GYST) announced today that the Company's mining operations generated approximately 580 grams of gold during the initial three weeks of March 2014. This represents the best month of production in the Company's history; nearly, doubling the previous record. The Company will provide an additional update on its production number on April 5th representing March's entire production amounts.

8K EVENT FILED MARCH 24

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9874518

The Company achieved a record level of production during the initial two weeks of March 2014. The Company produced approximately 380 grams of gold during the initial two weeks of March 2014. This represents the best two weeks of production in the Company’s history. Additionally, the Company’s March 2014 production has surpassed its previous monthly record of gold production.