0001477932-21-001357.txt : 20210311 0001477932-21-001357.hdr.sgml : 20210311 20210311090051 ACCESSION NUMBER: 0001477932-21-001357 CONFORMED SUBMISSION TYPE: 1-U PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20210311 ITEM INFORMATION: Other Events FILED AS OF DATE: 20210311 FILER: COMPANY DATA: COMPANY CONFORMED NAME: GRAYSTONE COMPANY, INC. CENTRAL INDEX KEY: 0001510524 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389] IRS NUMBER: 273051592 STATE OF INCORPORATION: CO FISCAL YEAR END: 1130 FILING VALUES: FORM TYPE: 1-U SEC ACT: 1933 Act SEC FILE NUMBER: 24R-00377 FILM NUMBER: 21731999 BUSINESS ADDRESS: STREET 1: 401 E. LAS OLAS BLVD #130-321 CITY: FORT LAUDERDALE STATE: FL ZIP: 33301 BUSINESS PHONE: 954-271-2704 MAIL ADDRESS: STREET 1: 401 E. LAS OLAS BLVD #130-321 CITY: FORT LAUDERDALE STATE: FL ZIP: 33301 FORMER COMPANY: FORMER CONFORMED NAME: Graystone Co DATE OF NAME CHANGE: 20110118 1-U 1 gyst_1u.htm FORM 1-U gyst_1u.htm

    

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 1-U

 

CURRENT REPORT

Pursuant Regulation A of the Securities Act of 1933

  

March 11, 2021

 (Date of Report (Date of earliest event reported))

 

THE GRAYSTONE COMPANY, INC.

(Exact name of registrant as specified in its charter)

  

COLORADO

 

86-2416093

(State or other jurisdiction of incorporation)  

 

(IRS Employer  Identification No.)  

    

401 E. Las Olas Blvd #130-321

Fort Lauderdale, FL 

 

33301  

(Address of   principal executive offices)  

 

(ZIP Code)  

 

(954) 271-2704

(Registrant’s telephone number, including area code)

   

Class A Common Shares

(Title of each class of securities issued pursuant to Regulation A)

  

 

 

    

Item 9. Other Events

 

We have received the following questions via email and wanted to provide the answers through this filing instead of providing the answers to the individuals via email:

 

 

1.

Question: Does the Company intend to conduct a reverse split of the stock?

 

 

 

 

Answer: No. The Company currently has no plans to conduct a reverse split. The only time a reverse split would make sense is to up list to a higher tier or exchange.

 

 

 

 

2.

Question: Does the Company plan to up list to a higher tier?

 

 

 

 

Answer: Yes. The Company has already had discussions with our attorneys about moving to the OTCQB tier since we already have audited financials. The Company would need to have 2 independent board of directors. We currently have 1 and we have identified the 2nd possible independent board member. After we launch our initial product, we will explore moving to the OTCQB and brining in the 2nd independent board member.

 

 

 

 

3.

Question: Does the Company plan on updating the website?

 

 

 

 

Answer: Yes, the current website is temporary. As we get closer to the launch on the product line, our new website along with the e-commerce website for the product lines will go live.

 

 

 

 

4.

Question: Where do you intend to sell and market the products?

 

 

 

 

Answer: Initially, we will sale the products on our website and through Amazon. We are hoping to secure placement in retailers such as Target or Whole Foods in 2022. The Company current anticipates that we will be marketing the product line through social media and television ad placement.

   

Safe Harbor Statement

 

The information furnished in Form 1-U is not deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, is not subject to the liabilities of that section, and is not deemed incorporated by reference in any filing under the Securities Act of 1933, as amended.

 

This Current Report on Form 1-U contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”) and Section 21E of the Securities Exchange Act of 1934. You can identify these forward-looking statements by the use of words such as “outlook,” “believes,” “expects,” “potential,” “continues,” “may,” “will,” “should,” “could,” “seeks,” “projects,” “predicts,” “intends,” “plans,” “estimates,” “anticipates” or the negative version of these words or other comparable words. Such forward-looking statements are subject to various risks and uncertainties, including those described under the section entitled “Risk Factors” in our Offering Statement on Form 1-A dated July 23, 2018, filed with the Securities and Exchange Commission (“SEC”), as such factors may be updated from time to time in our periodic filings and prospectus supplements filed with the SEC, which are accessible on the SEC’s website at www.sec.gov. Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included in our filings with the SEC. We undertake no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise, except as required by law.

 

 

2

 

  

SIGNATURES

 

Pursuant to the requirements of Regulation A, the issuer has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

THE GRAYSTONE COMPANY, INC.    

 

 

Date: March 11, 2021   By:   /s/ Anastasia Shishova  
   Name:  Anastasia Shishova    
  Title:   CEO  

  

 

3