Las Vegas, NV -- (SBWIRE) -- 12/20/2013 -- Graystone Company Inc (OTCMKTS: GYST) is a holding company. The main function of the company is to develop and acquire the mining properties with low cost production. The company runs business of selling silver, gold and other metals. The company started its operations from Peru. The company closed its consulting division and redeployed assets to the natural resources division.
Graystone announced that it issued its common stock on December 11, 2013. The 23,735,294 Class A Common stock shares have $0.00068 conversion price. The company says that Asher Enterprises converted $13,500 notes since Asher could do so within six months under a financing agreement.
The company shares that it issued another 15,000,000 Class A Common stock shares that can be converted at price of $0.0005. The company says that since SC Capital converted their notes, there is no dollar amount remaining on the note.
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