Replies to post #33557 on The Graystone Company, Inc. (GYST)

[The Prophetic One]

Chart says big move soon, imho. I like it....

GYST

[timetomakemoney]

50 million shares ready to hit the Market:

Item 3.02 Unregistered Sales of Equity Securities

On January 29, 2014, the Company issued 24,257,143 shares of its Class A Common stock at an applicable conversion price of $0.00035. Asher Enterprises converted $8,490 of its note convertible dated May 13, 2013. There is $24,100 remaining on the note. This represents the last remaining note outstanding payable to Asher Enterprises. Once this note is fully converted or paid off the Company will no longer have any outstanding notes payable to Asher Enterprises.

On January 29, 2014, the Company issued 25,000,000 shares of its Class A Common stock at an applicable conversion price of $0.0003. SC Capital converted $7,500 of its note convertible dated March 7, 2013. There is $7,500 remaining on the note.

Item 8.01 Other Events

On December 22, 2013, the Company decided to temporarily cease its mining operations due to the christmas holiday combined with the amount of rain that is typical during late December, January and February. This decision was based on the Company’s previous mining results during the month of January and February and to allow employees to return to their villages for the holidays. The Company is expecting that its mining operations will commence again on or about February 15 th .