The Graystone Company, Inc. (GYST)

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The Graystone Company, Inc. is responsible for the content of this Quarterly Report. The securities described in this document are
not registered with, and the information contained in this report has not been filed with, or approved by, the U.S. Securities and
Exchange Commission.


THE GRAYSTONE COMPANY, INC.
CONSOLIDATED STATEMENT OF OPERATIONS(unaudited)



Use of estimates
The preparation of financial statements in conformity with accounting principles generally accepted in the United States of
America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and
disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and
expenses during the reporting period. Actual results could differ from those estimates.