Graystone Company
Announces Increased Revenue And Operating Profits For November
2021
Fort Lauderdale, FL -- December 2, 2021 --
InvestorsHub NewsWire -- Graystone Company, Inc. (OTC:
GYST), is pleased to provide preliminary unaudited financial
results for the month ending November 30, 2021.
- Preliminary results for our total unaudited
revenues have increased to approximately $105,000, consisting
of (1) cryptocurrency mining, (2) sales of mining equipment and (3)
realized gain on sales of digital currencies. This exceeds our
revenues for the month of October 2021 by 181%.
- Preliminary results for total unaudited revenues,
less general expenses, are expected to show gross operating profit
of approximately $24,000 for November 2021. This doesn't
include non-cash transactions.
The increase in revenues and gross profits was
primarily due to (1) the deployment of high performing mining
equipment and (2) the launch of our new division that is focused on
selling and hosting mining equipment. We consider this to be a
great success in such short period of time, considering, that we
transitioned to mining just a few months ago in May 2021 and
commenced mining just two months ago on September 15,
2021.
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.
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
*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