Greystone Logistics Inc. (GLGI)

[NoNameStocks]

"to meet the production requirements of new customers"

Here's the little blurb that Phaedrus77 pointed out from the 10K:
"
Cost of sales was $18,269,192 (82% of sales) and $18,107,627 (77% of sales) in fiscal years 2015 and 2014, respectively. The ratio of cost of pallet sales to pallet sales in fiscal year 2015 was 81% in fiscal year 2015 compared 75% for fiscal year 2014. The increase in cost of sales in fiscal year 2015 compared to 2014 is principally due to the inflexible fixed costs in pallet production and development costs incurred during the last three months of fiscal year 2015 in preparation to meet the production requirements for new customers.
"

I wanted to figure out how much was spent for these new customers:
-- pallet sales total for 2015 = 21,064,335, so at 81% the cost of pallet sales was 17,062,111.
-- pallet sales total for 2014 = 22,086,768, so at 75% the cost of pallet sales was 16,565,076

So in 2015 there was an extra 497,035 spent. That's a pretty good chunk of change. Since they reference "inflexible fixed costs" it seems that about this much was spent on preparing for the new customers.