Monday, May 18, 2020 2:33:36 PM
https://web.archive.org/web/20111111001028/http://www.graystone1.com/
CURRENT WEBSITE.
http://www.graystone1.com/
During our current fiscal year ended December 31, 2011, we generated sales of $130,718 and incurred a net loss of $2,163,126. We have received no substantial revenue ($4,989) from the production of gold or other metals since our inception, and historically relied on our other divisions and equity and debt financings to finance our ongoing operations. Our operations generated a net loss of $2,118,132 from inception (March 27, 2010) through the fiscal year ended December 31, 2011. In order to fund operations in the fiscal years ended December 31, 2011, we relied on proceeds received under the private placement sale in secured convertible debentures aggregating $42,500 from Asher Enterprises, and proceeds received from notes payable of $94,448 from our shareholders.
https://www.otcmarkets.com/filing/html?id=8544906&guid=kAtHUesITd45R3h
We have experienced recurring net losses from operations which losses have caused an accumulated deficit of ($5,957,013) as of December 31, 2012. We had net losses of ($3,792,117) for the year ended December 31, 2012 compared to a loss of ($2,163,658) for the year ended December 31, 2011.
https://www.otcmarkets.com/filing/html?id=9225300&guid=kAtHUesITd45R3h
During our current fiscal year ended December 31, 2016, we generated sales of $149,005 and incurred a net loss of $(169,878).
https://backend.otcmarkets.com/otcapi/company/financial-report/167347/content
NOVEMBER 2017
Profit (loss) from operations $9,424
NO UPDATES SINCE 11/9/2017! Three years delinquent in their filings!
Business must be booming!
The Graystone Company, Inc. is a holding company whose primary operating activities involve (1) a medical cannabis delivery
service and (2) acquiring and developing mining properties amenable to low cost production. In April 2017, the Company
launched a medical cannabis delivery service. The Company also operates other divisions that include a marketing division, real
estate division, and consulting division.
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