Consolidated Balance Sheets (Unaudited) (USD $)	Nov. 30, 2013	May 31, 2013
Current Assets:
Cash	$ 621,997	$ 366,896
Accounts receivable, net of allowance of $100,000	1,554,031	2,239,594
Inventory	1,916,859	1,044,379
Prepaid expenses and other	257,241	119,198
Total Current Assets	4,350,128	3,770,067
Property, Plant and Equipment	16,395,398	15,754,959
Less: Accumulated Depreciation	(9,313,497)	(8,710,820)
Property, Plant and Equipment, net	7,081,901	7,044,139
Deferred Tax Asset	1,412,000	1,159,000
Other Assets	62,392	71,371
Total Assets	12,906,421	12,044,577
Current Liabilities:
Current portion of long-term debt	1,353,905	1,344,160
Accounts payable and accrued expenses	1,672,760	1,643,339
Accounts payable and accrued expenses - related parties	1,691,284	1,551,154
Preferred dividends payable	1,809,905	1,883,959
Total Current Liabilities	6,527,854	6,422,612
Long-Term Debt, net of current portion	8,978,701	9,658,020
Deficit:
Preferred stock, $0.0001 par value, $5,000,000 liquidation preference; Shares authorized: 20,750,000; Shares issued and outstanding: 50,000	5	5
Common stock, $0.0001 par value; Shares authorized: 5,000,000,000; Shares issued and outstanding: 26,111,201	2,611	2,611
Additional paid-in capital	53,169,429	53,142,717
Accumulated deficit	(57,023,240)	(58,321,266)
Total Greystone Stockholders' Deficit	(3,851,195)	(5,175,933)
Non-controlling interests	1,251,061	1,139,878
Total Deficit	(2,600,134)	(4,036,055)
Total Liabilities and Deficit	$ 12,906,421	$ 12,044,577