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Related Party Transactions	9 Months Ended
Feb. 28, 2015
Related Party Transactions [Abstract]
Related Party Transactions	Note 4. Related Party Transactions Yorktown Management & Financial Services, L.L.C. Yorktown Management & Financial Services, LLC (“Yorktown”), an entity wholly owned by Greystone’s CEO and President, owns and rents to Greystone (1) grinding equipment used to grind raw materials for Greystone’s pallet production and (2) extruders for pelletizing recycled plastic into pellets for resale and for use as raw material in the manufacture of pallets. Yorktown also owns a plastic grinding and wash line facility used to recycle plastic into usable raw material which Greystone may purchase at market prices. Greystone compensates Yorktown for the use of this equipment as discussed below. In addition, Yorktown provides office space for Greystone in Tulsa, Oklahoma at a monthly rental of $2,000. GSM pays weekly rental fees to Yorktown of $22,500 for use of Yorktown’s grinding equipment and $5,000 for the use of Yorktown’s pelletizing equipment. GSM paid Yorktown total equipment rental fees of $1,072,650 and $1,072,500 for the nine months ended February 28, 2015 and 2014, respectively. Greystone pays the labor on behalf of Yorktown’s Tulsa, Oklahoma grinding operation. These costs are invoiced to Yorktown on a monthly basis. As of February 28, 2015, Yorktown owes Greystone $327,486 primarily from the aforementioned labor costs incurred by Greystone on behalf of Yorktown. Trienda Holdings, L.L.C. Trienda Holdings, L.L.C. (“Trienda”) is a manufacturer of plastic pallets of which Warren F. Kruger, Greystone’s President and CEO, has a major ownership interest and serves Trienda as the non-executive Chairman of the Board. Greystone blends and pelletizes plastic resin for Trienda using equipment and raw materials owned by Trienda. Greystone services for Trienda for the nine-month period ended Febuary 28, 2015 total $177,241. The account receivable from Trienda at February 28, 2015 was $73,444.

Related Party Transactions

9 Months Ended

Feb. 28, 2015

Note 4. Related Party Transactions

Yorktown Management & Financial Services, L.L.C.

Yorktown Management & Financial Services, LLC (“Yorktown”), an entity wholly owned by Greystone’s CEO and President, owns and rents to Greystone (1) grinding equipment used to grind raw materials for Greystone’s pallet production and (2) extruders for pelletizing recycled plastic into pellets for resale and for use as raw material in the manufacture of pallets. Yorktown also owns a plastic grinding and wash line facility used to recycle plastic into usable raw material which Greystone may purchase at market prices. Greystone compensates Yorktown for the use of this equipment as discussed below. In addition, Yorktown provides office space for Greystone in Tulsa, Oklahoma at a monthly rental of $2,000.

GSM pays weekly rental fees to Yorktown of $22,500 for use of Yorktown’s grinding equipment and $5,000 for the use of Yorktown’s pelletizing equipment. GSM paid Yorktown total equipment rental fees of $1,072,650 and $1,072,500 for the nine months ended February 28, 2015 and 2014, respectively.

Greystone pays the labor on behalf of Yorktown’s Tulsa, Oklahoma grinding operation. These costs are invoiced to Yorktown on a monthly basis. As of February 28, 2015, Yorktown owes Greystone $327,486 primarily from the aforementioned labor costs incurred by Greystone on behalf of Yorktown.

Trienda Holdings, L.L.C.

Trienda Holdings, L.L.C. (“Trienda”) is a manufacturer of plastic pallets of which Warren F. Kruger, Greystone’s President and CEO, has a major ownership interest and serves Trienda as the non-executive Chairman of the Board. Greystone blends and pelletizes plastic resin for Trienda using equipment and raw materials owned by Trienda. Greystone services for Trienda for the nine-month period ended Febuary 28, 2015 total $177,241. The account receivable from Trienda at February 28, 2015 was $73,444.

- Definition

The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates.

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