The Graystone Company, Inc. (GYST)

[surfkast]

I guess the website will get them the $6 million they need for operations.

In order to implement our plan of operations for the next twelve-month period, we require a minimum of $6,000,000 of funding. We plan to obtain this funding from the sale of shares of our common stock or through debt financing.

Revenue: The company generated $67,357 in revenue from its Bitcoin Mining Operation for the six months ended May 31, 2022 and $396 for the six months ended May 31, 2021. The company generated $2,397 in revenue from its Bitcoin Hosting Operations for the six months ended May 31, 2022, and $0 for the six months ended May 31, 2021. The company generated $249,000 in revenue from its Bitcoin Mining Equipment Sales operations for the six months ended May 31, 2022 and $0 for the six months ended May 31, 2021.

Cost Of Goods Sold: Our cost of goods sold for the six months ended May 31, 2022, were $230,782 and $0 for the six months ended May 31, 2021. These were broken out as follows: $35,932 related to our Bitcoin mining operation and $194,850 related to the cost of mining equipment resold.



Operating Expenses: Operating expenses for the six months ended May 31, 2022, were $166,639 and $127,036 for the six months ended May 31, 2021. Operating expenses for the six months ended May 31, 2021 comprised of general and administrative expenses.



Unrealized gain/loss on Digital Currencies: The Company revalues the digital currencies it holds. The company had unrealized loss on the digital currencies for the six months ended May 31, 2022 were $27,096 compared to $2,568 or the six months ended May 31, 2021.



Net Loss: Net loss for the six months ended May 31, 2022, was $153,046 and $129,208 for the six months ended May 31, 2021. The net loss for the six months ended May 31, 2021, was the result of general and administrative expenses and loss on digital currencies.

https://www.otcmarkets.com/filing/html?id=16051599&guid=2aG-kKevTCFAB3h