$GYST Announced on May 17th a 95% Reduction in Authorized Shares! And more…
The Graystone Company Inc. is actually getting pretty exciting this year. They just posted a reduction in Authorized Shares, an Expansion of the cannabis delivery business into Los Angeles, and an Increase in Revenue projections. The business here has turned the corner in the last several months and is now growing significantly.
"Our initial projections indicate the ability to reach cash flow positive status quickly. With that in mind, we have identified five additional cities where we will begin operations in 2017. This aggressive pace should allow us the opportunity to also pursue the operation of at least one cannabis dispensary. Things are moving fast, but we could not be more excited for both the company and all shareholders. We will keep you posted as further developments take place."
Be sure to review all the recent GYST news:
The Graystone Company to Complete A 95% Reduction In Authorized Shares
May 17, 2017 https://www.otcmarkets.com/stock/GYST/news/The-Graystone-Company-to-Complete-A-95--Reduction-In-Authorized-Shares?id=159406&b=y
CEO M.T. Soeparmo stated, “Our company is growing at a rapid pace. As stated in a previous press release, we are projecting 20K to 25K in revenue for the month of May and based on current trends, that number should surpass 30K as early as June. The scalability of our business has allowed us to expand our reach well beyond our original target markets. In fact, plans for additional expansion are well under way.”
The Graystone Company Exceeds Revenue Expectations
Apr 18, 2017 https://www.otcmarkets.com/stock/GYST/news/The-Graystone-Company-Exceeds-Revenue-Expectations?id=156205&b=y
CEO M.T. Soeparmo stated, “We have been pleasantly surprised by our results to date. Our quick expansion into additional markets has paid off nicely. In our first 30 days, one thousand dollar days or better have occurred frequently. Due to our focus on outstanding customer service, repeat business has been tremendous. For the month of May, we are projecting 20K to 25K in revenue. Based on current trends, that number could reach 30K as early as June and we are setting up for explosive growth beyond that number in the coming months.”
The Graystone Company Expansion Now Includes Service for Most of Orange County & Portions of Southern Los Angeles County (5 Additional Cities in California)
Mar 23, 2017 https://www.otcmarkets.com/stock/GYST/news/The-Graystone-Company-Expansion-Now-Includes-Service-for-Most-of-Orange-County--amp--Portions-of-Southern-Los-Angeles-County?id=154068&b=y
CEO M.T. Soeparmo stated, “We want the investment community to know that we are fully funded for existing and future expansion plans. The beauty of the cannabis delivery business is the ability to scale up quickly. To date, we have established our office and warehouse, we currently have three drivers in place and are actively looking to hire more.”…
GYST’s strategy is to build value for shareholders GYST is on high alert this week