-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 NpaHM/kXOJ9ROezt12VbD0Z4fP7BKHDfNr3TuxbzY0aWckss0hUXUrxa77l10als
 7DJZVIEsHTLQSvOopzGgxw==

<SEC-DOCUMENT>0001181431-05-048674.txt : 20050824
<SEC-HEADER>0001181431-05-048674.hdr.sgml : 20050824
<ACCEPTANCE-DATETIME>20050824174551
ACCESSION NUMBER:		0001181431-05-048674
CONFORMED SUBMISSION TYPE:	3
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20050304
FILED AS OF DATE:		20050824
DATE AS OF CHANGE:		20050824

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			GREYSTONE LOGISTICS, INC.
		CENTRAL INDEX KEY:			0001088413
		STANDARD INDUSTRIAL CLASSIFICATION:	SPECIAL INDUSTRY MACHINERY, NEC [3559]
		IRS NUMBER:				752954680
		FISCAL YEAR END:			0531

	BUSINESS ADDRESS:	
		STREET 1:		1613 EAST 15TH STREET
		CITY:			TULSA
		STATE:			OK
		ZIP:			74120
		BUSINESS PHONE:		918-583-7441

	MAIL ADDRESS:	
		STREET 1:		1613 EAST 15TH STREET
		CITY:			TULSA
		STATE:			OK
		ZIP:			74120

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PALWEB CORP
		DATE OF NAME CHANGE:	19990610

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			GLOG INVESTMENT LLC
		CENTRAL INDEX KEY:			0001329961
		STATE OF INCORPORATION:			OK
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-26331
		FILM NUMBER:		051046805

	BUSINESS ADDRESS:	
		STREET 1:		1613 E 15 ST
		CITY:			TULSA
		STATE:			OK
		ZIP:			74120
		BUSINESS PHONE:		918-583-7441

	MAIL ADDRESS:	
		STREET 1:		1613 E 15 ST
		CITY:			TULSA
		STATE:			OK
		ZIP:			74120
</SEC-HEADER>
<DOCUMENT>
<TYPE>3
<SEQUENCE>1
<FILENAME>rrd83178.xml
<DESCRIPTION>FORM 3
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>3</documentType>

    <periodOfReport>2005-03-04</periodOfReport>

    <noSecuritiesOwned>0</noSecuritiesOwned>

    <issuer>
        <issuerCik>0001088413</issuerCik>
        <issuerName>GREYSTONE LOGISTICS, INC.</issuerName>
        <issuerTradingSymbol>GLGI</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001329961</rptOwnerCik>
            <rptOwnerName>GLOG INVESTMENT LLC</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>1613 EAST 15TH STREET</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>TULSA</rptOwnerCity>
            <rptOwnerState>OK</rptOwnerState>
            <rptOwnerZipCode>74120</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <derivativeTable>
        <derivativeHolding>
            <securityTitle>
                <value>Series 2003 Cumulative Convertible Senior Preferred Stock</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>1.5</value>
            </conversionOrExercisePrice>
            <exerciseDate>
                <value>2005-03-04</value>
            </exerciseDate>
            <expirationDate>
                <footnoteId id="F1"/>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>3333333</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">Not applicable.</footnote>
    </footnotes>

    <remarks>GLOG Investment, LLC, may also be deemed a director by virtue of its right, as the holder of Series 2003 Cumulative Convertible Senior Preferred Stock,

to elect a majority of the Board of Directors of the Issuer.</remarks>

    <ownerSignature>
        <signatureName>Robert H. Nelson, Member</signatureName>
        <signatureDate>2005-08-22</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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