Greystone Logistics Inc. (GLGI)

[Phaedrus77]

If you look at the lease footnote, the estimated annual minimum lease payment went up this year to $2.355 million from $1.966 million. That implies that the estimate of the number of pallets produced on those 3 machines increased by 24% from just 3 months ago.

Assuming that’s due to the new software (and not just switching production from other machines that came off lease), that seems to be good news. At a minimum, increasing the production on those machines will save interest expense (due to earlier payments).