Greystone Logistics Inc. (GLGI)

[tb508x]

Thanks for the reply MrT. Can you find out if that increase in orders is expected to continue or was that a special one time only event?

Sales increase is great but if the margins can't keep up these events must be specially priced. I would think there is a good retention of recurring orders based on the business model.

My questions to management would be what is the expected sales and earnings numbers going forward. Do they have any expectation to land a large order in the future?

In the past I did see Warren K purchase shares but that has not happened in the last year or longer. Insider purchases are a strong indicator that management believes in the future.

This is just not expected based on the stock price. Can we expect 2 cents of earnings per share going forward? If so that is a 6.25 PE on a going forward basis at a $0.50 share price. Based on that it is significantly undervalued so something is way off - what is that?