$GYST Graystone Company Announces Increased Revenu
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Posted On: 12/02/2021 9:50:04 AM
$GYST Graystone Company Announces Increased Revenue And Operating Profits For November 2021
https://www.prnewswire.com/news-releases/gray...36088.html
FORT LAUDERDALE, Fla., Dec. 2, 2021 /PRNewswire/ -- 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.
https://www.prnewswire.com/news-releases/gray...36088.html
FORT LAUDERDALE, Fla., Dec. 2, 2021 /PRNewswire/ -- 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.
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