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$GYST Graystone Company Announces Annual Results For Fiscal Year Ending November 30, 2021 Showing Increases in Revenues and Assets

https://www.prnewswire.com/news-releases/graystone-company-announces-annual-results-for-fiscal-year-ending-november-30-2021-showing-increases-in-revenues-and-assets-301465729.html

FORT LAUDERDALE, Fla., Jan. 21, 2022 /PRNewswire/ -- Graystone Company, Inc. (OTC: GYST), is pleased to announce that is has filed its 1-K with the United States Securities and Exchange Commission which contain its audited financials for the fiscal year ending November 30, 2021.

During the fiscal year ending November 30, 2021, we want to point the following increases:

(1) Our Assets increased to $412,445 from $0
(2) Our Revenues increased to $176,926 from $0
(3) Our Shareholder equity increased to $365,954 from ($1,140)

We begin our bitcoin mining operations on September 15, 2021 and the revenue numbers reflect those operations from September 15, 2021 through November 30, 2021. We began with average of 1,100 terrahash (Th/s) for the months of September and October. Then we added 1,000 TH/s on November 1, 2021 for a total of 2,100 TH/s. Subsequently, 4,100 TH/s have been added by acquiring 41 S19j Pro (100TH) machines, their installation at the hosting facility is expected to begin the end of January 2022.

We have accomplished a lot since September 15, 2021 and are excited about the continued growth planned for 2022 and beyond.