WWW.EXFILE.COM, INC. -- 888-775-4789 -- GREYSTONE LOGISTICS, INC. -- FORM 10-KSB/A
UNITED STATES
 SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
FORM 10-KSB
Amendment No. 1

x
ANNUAL REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
   
  For the Fiscal Year Ended       May 31, 2008
 
 
o
TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
   
  For the transition period from _____________ to______________
   
   
  Commission file number 000-26331
 
                                                                                                                                          
GREYSTONE LOGISTICS, INC.
(Name of small business issuer in its charter)
 
 
Oklahoma
  
75-2954680
(State or other jurisdiction of incorporation or organization)
  
(I.R.S. Employer Identification No.)
                                     
 
1613 East 15th Street, Tulsa, Oklahoma
  
74120
(Address of principal executive offices)
  
(Zip Code)
 
 
(918) 583-7441
(Issuer’s Telephone Number)

Securities registered under Section 12(b) of the Exchange Act:
 
Title of each class
  
Name of each exchange on which registered
     
     
None
  
None
 
 
Securities registered under Section 12(g) of the Exchange Act:

Common Stock, $0.0001 par value
(Title of class)
 
Check whether the issuer is not required to file reports pursuant to Section 12 or 15(d) of the Exchange Act.   o
 
Check whether the issuer (1) filed all reports required to be filed by Section 13 or 15(d) of the Exchange Act during the past 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.  Yes  x      No  o
 
 
 
 
Check if there is no disclosure of delinquent filers in response to Item 405 of Regulation S-B contained in this form, and no disclosure will be contained, to the best of registrant’s knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-KSB or any amendment to this Form 10-KSB.   o

Indicate by check whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).   Yes o     No x

The issuer’s revenue for the year ended May 31, 2008, was $21,081,114.

As of August 15, 2008, the aggregate market value of the voting common stock held by non-affiliates of the registrant, computed by using the average of the high and low price on such date, was $1,258,620.

As of August 15, 2008, the issuer had outstanding a total of 26,111,201 shares of its $0.0001 par value common stock.
 
 
 

 
 
DOCUMENTS INCORPORATED BY REFERENCE

None.


Transitional Small Business Disclosure Format (Check one):     Yes  o     No  x













2
 Explanatory Note

This Form 10-KSB/A is being filed by Greystone Logistics, Inc. (the “Company”), as Amendment No. 1, to the Company’s Annual Report on Form 10-KSB for the period ended May 31, 2008, for the sole purpose of correcting the officers certifications attached hereto as Exhibits 31.1 and 31.2, which did not include certain introductory language to paragraph 4 when originally filed. The information contained herein has not been updated to reflect events or developments that may have occurred subsequent to May 31, 2008.




 
 
 
 

 
 
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SIGNATURES

In accordance with Section 13 or 15(d) of the Exchange Act, the registrant caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
 
 
GREYSTONE LOGISTICS, INC.
(Registrant)
  
       
Date:  01/14/09
By:
/s/ Warren F. Kruger  
   
Warren F. Kruger, Chairman, President and Chief
  
    Executive Officer  
       
 
In accordance with the Exchange Act, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

     
       
Date:  01/14/09
By:
/s/ Warren F. Kruger  
   
Warren F. Kruger, Chairman, President and Chief
  
   
Executive Officer
  
       

     
       
Date:  01/14/09
By:
/s/ Robert B. Rosene, Jr.  
   
Robert B. Rosene, Jr., Director
  
   
 
  
       

     
       
Date:  01/14/09
By:
/s/ Robert H. Nelson  
   
Robert H. Nelson, Chief Financial Officer
  
   
 
  
       
 
 
 

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