Graystone Company Announces
Annual Results For Fiscal Year Ending November 30, 2021 Showing
Increases in Revenues and Assets
Fort Lauderdale, FL
-- January 21, 2022 -- InvestorsHub NewsWire -- 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.
About The Graystone Company, Inc.
The
Graystone Company has two distinct lines of business: (1) Bitcoin
Mining; and (2) sale and hosting of Bitcoin mining equipment. The
Company launched its Bitcoin Mining operation in May 2021 and began
selling mining equipment in October 2021. The Company's Bitcoin
mining wallet address can be viewed at anytime using this
link: https://www.blockchain.com/btc/address/32nWKSce24EPUGXnkfqVdvUyWbrVUmwpAr
The
Graystone Company, Inc. (OTC
PINK:GYST) is headquartered in Fort Lauderdale, FL., and can be
contacted at www.thegraystonecompany.com or by phone at (954)
271-2704.
Corporate
Website: www.thegraystonecompany.com
Corporate
Twitter: https://twitter.com/TheGraystoneco
Graystone
Mining Twitter: https://twitter.com/Graystonemining
Bitcoin Wallet:
The Company's
Bitcoin wallet address can be found on our website at
https://www.thegraystonecompany.com/blockchain.
We
endeavor to provide as much transparency as possible to our
shareholders by providing our wallet address that shows the real
time data that directly relates to our Bitcoin Mining
activity, transactions and
our BTC balance.
*Revenue
related calculations. Please note that
the Company believes that any revenue related calculations are
accurate and based on factual information, there can be no
assurance that the Company will be able to achieve all projections
due to number of business-related factors, such as equipment
pricing, mining equipment availability, bitcoin mining difficulty,
bitcoin market pricing and other unforeseen issues in deploying its
mining rigs.
You can
view update information on Bitcoin Mining by visiting https://minerstat.com/coin/BTC
Notice Regarding
Forward-Looking Statements in this press release which are not
purely historical are forward-looking statements and include any
statements regarding beliefs, plans, expectations or intentions
regarding the future. Actual results could differ from those
projected in any forward-looking statements due to numerous
factors. These forward-looking statements are made as of the date
of this news release, and we assume no obligation to update the
forward-looking statements, or to update the reasons why actual
results could differ from those projected in the forward-looking
statements. Although we believe that any beliefs, plans,
expectations and intentions contained in this press release are
reasonable, there can be no assurance that any such beliefs, plans,
expectations or intentions will prove to be accurate.
For more
information:
Graystone
Company
Anastasia Shishova
Email:
info@thegraystonecompany.com
Phone: (954)
271-2704