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SCDA .. B-scada.. seems like managment is aligned with shareholders. Annual report just out.
What do you think ? TIA
That is really cool. I think it will be a big seller. I also read through the annual report.
I can't believe this is at $0.50 ….unreal
This is a stock to hold.. sooner or later the market will wake up to it. JMO
My bad.
Thank you
Exercised more options.
It's hard to understand Kruger.. unless something big is about to happen.
Thank you
Does this mean resin is selling again, or is it for their own use ?
Sales of recycled plastic resin were $1,044,560 in fiscal year 2015 compared to $371,440 in fiscal year 2014 for an increase of $673,120… Because it says they were down in a different part of the 10q
TIA
Awesome, thank you. I agree on the new molds, and i think they will sell a lot of the slim keg.
Please post when you hear from them.
I was hoping in a month or so you could do another email interview.
That was fantastic.. It was one of the reasons i bought more stock when it went down.
I still think they will get the AB contract.. was hoping for news on that this time
They are working on a new website.. www.argylesecurity.com
Good things coming soon.
Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations.
Results of Operations
General to All Periods
The unaudited consolidated statements include Greystone Logistics, Inc., its two wholly-owned subsidiaries, Greystone Manufacturing, L.L.C. (“GSM”) and Plastic Pallet Production, Inc. (“PPP”). Greystone also consolidates its variable interest entity, Greystone Real Estate, L.L.C. (“GRE”). All material intercompany accounts and transactions have been eliminated.
References to fiscal year 2015 refer to the six and three month period ended November 30, 2014. References to fiscal year 2014 refer to the six and three month period ended November 30, 2013.
Sales
Greystone's primary focus is to provide quality plastic pallets to its existing customers while continuing its marketing efforts to broaden its customer base. Greystone's existing customers are primarily located in the United States and engaged in the beverage, pharmaceutical and other industries. Greystone has generated and plans to continue to generate interest in its pallets by attending trade shows sponsored by industry segments that would benefit from Greystone's products. Greystone hopes to gain wider product acceptance by marketing the concept that the widespread use of plastic pallets could greatly reduce the destruction of trees on a worldwide basis. Greystone’s marketing is conducted through contract distributors, its President and other employees.
Greystone derives a substantial portion of its revenue from a national brewer. This customer accounted for approximately 48% and 58% of Greystone’s pallet sales and 43% and 56% of Greystone’s total sales for the six month-periods ended November 30, 2014 and 2013, respectively.
Personnel
Greystone had approximately 81 and 71 full-time employees as of November 30, 2014 and 2013, respectively.
Six-Month Period Ended November 30, 2014 Compared to Six-Month Period Ended November 30, 2014
Sales
Sales for fiscal year 2015 were $9,991,448 compared to $10,872,407 in fiscal year 2014 for a decrease of $880,959. Pallet sales were $8,946,888, or 90% of total sales, in fiscal year 2015 compared to $10,500,967, or 97% of total sales, in fiscal year 2014 for a decrease of $1,554,079. Sales of recycled plastic resin were $1,044,560 in fiscal year 2015 compared to $371,440 in fiscal year 2014 for an increase of $673,120.
Greystone has received a purchase order for plastic pallets totaling $3 million from a wine manufacturer, a new customer for Greystone. Approximately 30% of the purchase order will be delivered during the quarter ended May 31, 2015 and the balance during the quarter ended August 31, 2015.
Greystone’s sales to its major customer in fiscal year 2015 were 48% of total pallet sales compared to 58% of total pallet sales in fiscal year 2014. The decrease in pallet sales to this major customer is the primary reason for the decline in pallet sales in fiscal year 2015 compared to fiscal year 2014. Pallet sales to Greystone’s major customer are generally based on the customer’s need to maintain its pallet inventory and may vary by period. Greystone cannot predict the major customer’s future needs to maintain or grow its pallet inventory but has been able to grow sales to new pallet customers developed through Greystone’s marketing efforts to broaden its customer base.
10
Greystone has received a purchase order for plastic pallets totaling $3 million from a wine manufacturer, a new customer for Greystone. Approximately 30% of the purchase order will be delivered during the quarter ended May 31, 2015 and the balance during the quarter ended August 31, 2015….. Its great news
3 Million dollar new customer..
Greystone Logistics Reports Unaudited Results for Quarter Ended November 30, 2014
Accesswire
1 hour ago
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TULSA, OK / ACCESSWIRE / January 20, 2015 / Greystone Logistics, Inc. (GLGI) Greystone had gross revenue of $9,991,448 for the six months ended November 30, 2014 compared to $10,872,407 for the comparative period of the prior year. Pallet sales were $8,946,888 in the current year compared to $10,500,967 in the comparative period of the prior year.
Greystone's net income (loss) for the six-month and three-month periods ended November 30, 2014 is $(305,379) and $(658,052), respectively, compared to $1,572,154 and $(12,724) for the corresponding periods of the prior year. Net income (loss) available to common stockholders for the six-month and three-month periods ended November 30, 2014 is $(581,623), or $(0.02) per share, and $(796,121), or $(0.03) per share, respectively, compared $1,298,026, or $0.05 per share, and $(150,626), or $(0.01) per share, for the corresponding periods of the prior year.
This decline is primarily attributable to the timing of delivery of pallets to customers. A significant portion of Greystone's production costs are fixed. Total pallet sales were down 14.8% compared to the prior year same period. Because of the inflexibility of the production costs, the decrease in sales had a significant impact on the operating results.
"In the first six months of our corporate year, we saw some of our customers push back their normal expenditures for pallets," stated Warren Kruger, CEO. "I anticipate increased demand for the balance of the year which would include seasonal upward adjustments and the start of production and delivery on a significant purchase order from a wine manufacturer. Additionally, we also have two new molds being delivered over the next 60 days that should add to revenue this year. The platform for growth is in place and Greystone expects production and corresponding sales to be significantly higher for the remaining two quarters ending May 31, 2015 which will normalize production costs as a percentage of sales and produce income for our shareholders."
This press release includes certain statements that may be deemed "forward-looking statements" within the meaning of the federal securities laws. All statements, other than statements of historical facts that address activities, events or developments that the Company expects, believes or anticipates will or may occur in the future, including the potential sales of pallets or other possible business developments, are forward-looking statements. Such statements are subject to a number of assumptions, risks and uncertainties, including the ability of the company to continue as a going concern. Actual results may vary materially from the forward-looking statements. For a list of certain material risks relating to Greystone and its products, see Greystone's Form 10-K for the year ended May 31, 2014.
Greystone Logistics is a "Green" manufacturing and leasing company that reprocesses and sells recycled plastic and designs, manufactures, sells and leases high-quality 100% recycled plastic pallets that provide logistical solutions needed by a wide range of industries such as food and beverage, agricultural, automotive, chemical, pharmaceutical and consumer products. The Company's technology, including that used in its injection molding equipment, proprietary blend of recycled plastic resins and patented pallet designs, allows production of high-quality pallets quickly and at lower costs than many processes. The recycled plastic for its pallets helps control material costs while reducing environmental waste and provides cost advantages over users of virgin resin. Excess plastic not used in production of pallets is reprocessed for resale.
Contact:
Warren F. Kruger
President/CEO
Corporate Office
1613 East 15th Street
Tulsa, Oklahoma 74120
(918) 583-7441
(918) 583-7442 (FAX)
http://www.greystonelogistics.com
SOURCE: Greystone Logistics, Inc.
? View Comments (0)
Ok,
Thank you
Did anyone else notice that the press release about the AB contract on yahoo is gone.
I never saw that happen before.
Seychelle Reports Loss for Q3 ended 11-30-14 Vs Prior Year, but excluding lawsuit expenses of $468,000, the Net Income would have been a breakeven of $16,962 for the anticipated Q3 Turnaround
To-date Seychelle has already received over $524,000 in new orders for Q4
Argyle Security Announces Appointment of Jeff Ward as Chief Technology Officer
- Announces hiring of Cory Paterson and Diane Bruining to Business Development Team
PR Newswire Argyle Security, Inc.
17 hours ago
????
SAN ANTONIO, Jan. 9, 2015 /PRNewswire/ -- Argyle Security, Inc. (OTC Pink Sheets: ARGL.PK) ("Argyle Security" or the "Company"), a total service and integrated security solutions provider in the physical detention and electronic security industry, announced today that, effective January 1, 2015, Mr. Jeff Ward has been appointed Chief Technology Officer of Argyle Security.
View photo
.Argyle Security
Mr. Ward previously served as Chief Technology Officer of MCS Detention, formerly the detention security electronics business division of Argyle Security, where he worked closely with the Programming Department Team. Mr. Ward will now oversee all research and development for all Argyle Security business and be responsible for all integrated technology, security electronics development, programming and integration for the Company.
Mr. Ward has worked for 11 years in the security industry. Before joining MCS Detention in 2004, Jeff served at Flextronics International as Business Systems Visionary, Quintex Plastics as Production Manager, and Tri-Tec Plastics as Production Manager among others. He has extensive technical expertise in both software and hardware and is a Green Belt Six Sigma.
Commenting on his appointment, Mr. Ward stated, "I am extremely proud to have been promoted to the Chief Technology Officer for the entire business of Argyle Security. As the Company continues to grow in the security solutions market and expands upon its leading position as a detention security integrator into other markets, I look forward to working with the other members of management, our engineers, designers and research staff to grow and continue to improve both our security offerings and abilities to delivery and exceed our customers' expectation as to what solutions Argyle Security can offer in 2015 and going forward."
Buddy Johns, President and CEO, stated, "It is with tremendous pleasure that I am promoting Jeff to join the senior management team of Argyle Security. Jeff's years of experience in the security industry and experience in the detention facility construction industry will be invaluable as we look to expand Argyle's technologies into other industries and continue to expand our position as a leading security solutions contractor, both in the United States and globally. Now that we are executing our new business plan, we are able to provide exemplary service to our existing customers while also expanding our security solutions services to new customers. Allowing Jeff to lead our technology team will enable Argyle Security to provide detention-level security solutions to other non-detention, vertical markets with similar needs."
Argyle Security also announced that Mr. Cory Paterson and Ms. Diane Bruining have joined as Directors of Business Development.
Mr. Paterson has been working in the construction industry for the past 14 years. While his primary focus has been correctional and justice endeavors, he has worked on projects at all levels of government including K-12, university, local, state and federal agencies. Cory will primarily focus on sales in the Southeastern portion of the United States.
Ms. Bruining has over 20 years of experience in the construction industry with a majority of that time focused on corrections. Diane has been instrumental in building the relationships between architects, owners, and the construction team on many correctional projects across the United States. Diane will focus primarily on sales in California and the west coast of the United States.
Johns said, "The additions of Cory and Diane to Argyle Security greatly enhances our sales team and will enable us to significantly expand our sales footprint within the United States. With them on board, we will be able to implement our plan to open branch offices in Northern California and Florida in the near future."
B-Scada Announces the Release of Status Enterprise 3.0
B-Scada, Inc.
6 hours ago
GlobeNewswire
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CRYSTAL RIVER, Fla., Jan. 6, 2015 (GLOBE NEWSWIRE) -- B-Scada, Inc. (SCDA) has announced the release of version 3.0 of its management-level SCADA application, Status Enterprise. In early 2014, B-Scada (Beyond SCADA) revolutionized the SCADA industry with the initial release of Status Enterprise by introducing information modeling for more intelligent data management and enterprise-wide visualization. Additionally, Status Enterprise leveraged the power of HTML5 to enable web and mobile access to HMI/SCADA visualizations without the need for Java or ActiveX. With the latest version of Status Enterprise, B-Scada has made significant enhancements to usability and introduced several new features:
Workflow for time-based or condition-based task automation
Real-time and historical Reporting
New History Viewer and Audit Viewer
Enhanced Database Utility
Enhanced Trend Control with new runtime configuration options
Web Support for the Data Grid Array Control
Enhanced Web support for security settings
Direct data connectivity for Modbus and Microsoft Excel
B-Scada continues to distinguish itself as a leading name in data acquisition and visualization technology, and with this latest product release is positioning itself to lead the next generation of software products into the new era of connected devices and the industrial internet.
About Status Enterprise
Status Enterprise is a management-level HMI/SCADA System to visualize real time data and alarms, manage and organize assets, integrate with other enterprise systems, collaborate, analyze and archive data. Status Enterprise can bring together and organize plant floor data with other enterprise information, allowing users to improve the efficiency and quality of their operations by making faster, better-informed decisions. Used in various industrial and commercial vertical markets, Status Enterprise is best suited for monitoring and managing large numbers of assets and assets that may be in different locations. Data connectivity for Status Enterprise includes OPC UA, OPC DA, Modbus, HART, Excel, SQL and ODBC data sources. Custom data sources can be supported.
Two year double bottom. Also 9 cents per share in cash.
They continue to grow… http://finance.yahoo.com/news/b-scadas-status-enterprise-software-130000735.html
I think it's great news from an honest CEO.
Thanks for posting.
They should report next week.
I'll hope for any kind of a turnaround in rev and net.
SCDA 0.60 new high
B-Scada’s Status Machine Edition Software Deployed for IT Management in Taiwan
Tuesday, November 11, 2014
CRYSTAL RIVER, FL: B-Scada, Inc. (OTCQB: SCDA) has announced today a recent deployment of their Status Machine Edition HMI software. Foreshow Information Co. LTD, a trusted B-Scada partner, has used B-Scada's software to implement an IT management system for monitoring Active Directory and Exchange servers through fully integrated and intuitive dashboards designed using the Status Vision Designer. The extensibility of Status Machine Edition allowed Foreshow to develop a custom data source to expose the server data in real time for presentation on the customized dashboards. Monitoring and interpreting this data in real time without the complicated and cumbersome user interfaces and reports of other monitoring tools has allowed IT administrators to realize a reduction in downtime and support costs associated with Active Directory and Exchange servers.
While Status Machine Edition is used to monitor and control a range of industrial processes in industries like manufacturing, water treatment, and transportation, this deployment serves as yet another example of how B-Scada's data visualization software can be extended or customized to solve a wide range of business problems in nearly any industry.
About B-Scada, Inc.
B-Scada specializes in the compelling visualization of real-time data. Its visualization technology and SCADA products are deployed in manufacturing, power & utilities, transportation, petrochemical, building automation, and other fields of business where visualization of real time data is critical. B-Scada's in-house expertise and experience has provided them the opportunity to partner with companies from various vertical markets, and assist them to develop custom solutions that meet their specific needs. B-Scada's goal is to help clients transfer real-time production and operational data into actionable information through graphically-compelling, functional, and intuitive user interfaces.
B-Scada PR Contact
Debra Gardner
Corporate Communications
B-Scada, Inc.
dgardner@b-scada.com
What i see is a 7-8 month double bottom.
Shake out the remaining weak hands.. Hope i'm right.
The news is talking about a double dip recession in Europe , so if they can really do $500,000 that is saying something. Ron seems like a CEO you can trust…. Time will tell… Just my opinion
Wow this is great news..This combination of technology and talent will produce an immediately successful company." B-Scada estimates that the Spanish subsidiary could contribute $500K to annual revenues in the first year of operations... It seems to be a good use of the money from the sale of stock.
I called the number for Finra you posted over on the value board.
They said they know nothing about pink sheet stocks not being able to trade except for this morning.
I read him the article about 10,000 stocks including Fannie Mae , he said he never heard that before.
He also said pink sheets stocks will trade as they always have.
It would be good if some one else would call to see if they say the same thing.
Welcome back. I hate to say it but i thought you were dead. lol
LVWD 0.1299 Very few Mirco caps are spared in this brutal market..
WTF is going on?
You make some very good points.
It is frustrating not to see news on Japan or the move into Walmart
OUCH that hurts..
I think the ceo should be fired
SCDA 0.50 good volume today on a down day for the dow.
I hope also this is a change in attitude toward shareholders. My question is why would they hire this much experience if they didn't have work for him… I look forward to our continued efforts and future successes in our construction business under the leadership of Ross." I have told the company they need to improve shareholder communication.. i hope this is the start of it.
I hope they soon announce a large building job. All JMO
Looks like Buddy Johns means to turn this company around.
Don't sell your shares yet my friend
Argyle Security Names Ross Cooper as Vice President of Construction Operations
Print
Argyle Security, Inc. (PL) (USOTC:ARGL)
Intraday Stock Chart
Today : Tuesday 30 September 2014
Click Here for more Argyle Security, Inc. (PL) Charts.
SAN ANTONIO, Sept. 30, 2014 /PRNewswire/ -- Argyle Security, Inc. (OTC Pink Sheets: ARGL.PK) ("Argyle Security" or the "Company"), a total service and integrated security solutions provider in the physical detention and electronic security industry, announced today that, effective September 8, 2014, Mr. Ross Cooper has been appointed to a new position of Vice President, Construction Operations.
ISI Security Group.
Mr. Cooper has over thirty seven years in the construction industry and most recently has spent the past twenty years working for Centex, Moss & Associates and Walsh Construction leading the design, coordination and planning of the construction of prisons, jails and court houses throughout the United States, including some of the most significant projects in the nation's history. He has extensive knowledge and experience with both of Argyle's Detention Equipment and our Security Electronics platforms.
Commenting on his appointment, Mr. Cooper said, "I am very excited to join with Buddy Johns and Argyle Security, the leading detention and security electronics contractor in the United States. I look forward to working with the other members of management to grow and continue to improve our security electronics, detention construction and commercial security integration businesses."
Buddy Johns, President and CEO, stated "It is with great pleasure that we welcome Ross to our team. His years of experience in the construction industry and experience with DECs and SECs will be invaluable as we look to expand Argyle's construction business and look to become the leading security contractor, both in the United States and globally. This is an exciting time for Argyle and I am very proud that we have assembled a team of new and existing members of management to lead and execute on our plan to take advantage of expanding market opportunities. I look forward to our continued efforts and future successes in our construction business under the leadership of Ross."
Great news
This is where Buddy Johns comes in if he can get prison building work and return to profit.
The price seems to be cheap here.