Gregg and ALL here with $GYST
It is just my opinion, that $GYST has an incredible opportunity here to take advantage of this attention in the market and execute on its goals set forth in the last press release. It doesn't matter when they filed to reduce their SS - they were never OTC current and didn't even file quarterly or annuals on time etc. they just WENT current and part of that was making the firm decision to announce to the public they are now a 500mil -a/s company. I looked at $GYST a few months ago when news first came out and it appeared like 10 bil on OTC. I'm quite thankful they press released the reduction and it allowed me to study the stock again and the market cap and potential.
Interestingly- This appears like the management may try to push the price here in order to get better financing /funding to build out the business. That's a main reason to reduce SS. This could see .10 pps here since it has such an attractive o/s and float.
With respect to the share structure, it clearly shows that they reduced the share structure from 10 bil to 500 mil but was never reported and was never sent to Otcmarkets. I have seen this many times- as a company is laying low and conducting business- they file correctly with their state and since OTC markets isn't required especially when they weren't even CURRENT - I find it somewhat commendable that the management didn't try to sell shares and get people to buy a year ago in the very Infancy stage - when it's just now they are ready to announce revenues and scaling out of delivery and dispensary models.
CEO M.T. Soeparmo stated, “Our company is growing at a rapid pace. As stated in a previous press release, we are projecting 20K to 25K in revenue for the month of May and based on current trends, that number should surpass 30K as early as June. The scalability of our business has allowed us to expand our reach well beyond our original target markets. In fact, plans for additional expansion are well under way.”
The Graystone Company, Inc. is building out a scalable business operation in the Cannabis Industry that includes multiple Cannabis Delivery Services and Dispensaries. The initial Delivery Service began operations in March 2017 and has rapidly expanded into multiple target markets with plans for aggressive expansion for the remainder of 2017.
Mr. Soeparmo went on to say, “We want our shareholders to know that we have their best interests in mind. Based on revenue projections and current share price, we are of the opinion that our company is undervalued and we want to ensure we do whatever we can on our end to ensure that investors find our company to be an attractive investment option. With that in mind, we have made the decision to bring the Authorized Share count in line with what we feel is necessary for long term growth. We look forward to sharing more news with you in the coming weeks.”
News 
Market Data 
Discover 
