Unassociated Document
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
D.C. 20549
FORM
12b-25
NOTIFICATION
OF LATE FILING
(Check
one): [
] Form 10-K Form 20-F [ ]
Form 11-K [ X ] Form 10-Q [ ] Form
10-D [ ] Form N-SAR [ ]
Form N-CSR
For
Period Ended: August
31,
2008
[ ]
Transition Report on Form 10-K
[ ]
Transition Report on Form 20-F
[ ]
Transition Report on Form 11-K
[ ]
Transition Report on Form 10-Q
[ ]
Transition Report on Form N-SAR
For the
Transition Period Ended: __________________________________
Read
Instructions (on back page) Before Preparing Form. Please Print
or Type.
Nothing
in this form shall be construed to imply that the Commission has verified
any information contained herein.
|
If the
notification relates to a portion of the filing checked above, identify the
Item(s) to which the notification relates:
PART
I — REGISTRANT INFORMATION
Greystone
Logistics, Inc.
|
Full
Name of Registrant
|
Former
Name if Applicable
1613
East 15th Street
|
Address
of Principal Executive Office (Street and
Number)
Tulsa,
Oklahoma 74120
|
City,
State and Zip Code
|
PART
II — RULES 12B-25(b) AND (c)
If the
subject report could not be filed without unreasonable effort or expense and the
registrant seeks relief pursuant to Rule 12b-25(b), the following should be
completed. (Check box if appropriate)
x
|
(a)
The reason described in reasonable detail in Part III of this form
could not be eliminated without unreasonable effort or
expense;
(b) The
subject annual report, semi-annual report, transition report on
Form 10-K, Form 20-F, Form 11-K, Form N-SAR or
Form N-CSR, or portion thereof, will be filed on or before the
fifteenth calendar day following the prescribed due date; or the subject
quarterly report or transition report on Form 10-Q or subject
distribution report on Form 10-D, or portion thereof, will be filed on or
before the fifth calendar day following the prescribed due date;
and
(c) The
accountant’s statement or other exhibit required by Rule 12b-25(c)
has been attached if applicable.
|
PART
III — NARRATIVE
State
below in reasonable detail why Forms 10-K, 20-F, 11-K, 10-Q, 10-D, N-SAR,
N-CSR, or the transition report or portion thereof, could not be filed within
the prescribed period.
(Attach
Extra Sheets if Needed)
The
Registrant’s limited personnel and resources have impaired its ability to
prepare and timely file its Quarterly Report on Form 10-Q for the period
ended August 31, 2008.
PART
IV — OTHER INFORMATION
(1)
|
Name
and telephone number of person to contact in regard to this
notification
|
Warren F.
Kruger (918) 583-7441
(Name) (Area
Code)(Telephone
Number)
(2)
|
Have
all other periodic reports required under section 13 or 15(d) of the
Securities Exchange Act of 1934 or Section 30 of the Investment
Company Act of 1940 during the preceding 12 months or for such
shorter period that the registrant was required to file such report(s)
been filed? If the answer is no, identify
report(s).
|
[X]
Yes [ ] No
(3)
|
Is
it anticipated that any significant change in results of operations from
the corresponding period for the last fiscal year will be reflected by the
earnings statements to be included in the subject report or portion
thereof?
|
[X]
Yes [ ] No
If
so: attach an explanation of the anticipated change, both narratively
and quantitatively, and, if appropriate, state the reasons why a reasonable
estimate of the results cannot be made.
Greystone Logistics,
Inc.
(Name
of Registrant as specified in charter)
has
caused this notification to be signed on its behalf by the undersigned thereunto
duly authorized.
|
|
|
|
Date
October 16,
2008
|
By:
|
/s/ Warren F.
Kruger |
|
|
|
Warren
F. Kruger |
|
|
|
President
& Chief Executive Officer |
|
|
|
|
|
ATTACHMENT
The net
income for the three month period ended August 31, 2008, is expected to be
approximately $50,000 compared to a net income of $176,604 for the three month
period ended August 31, 2007.
The net
loss to common shareholders for the three month period ended August 31, 2008, is
expected to be approximately $(54,000), or $(0.00) per share, compared to net
income of $31,672, or $0.00 per share, for the three month period ended August
31, 2007.
The
change in net income for the three month period ended August 31, 2008, when
compared to the net income for the three month period ended August 31, 2007, is
primarily related to a decrease in sales of approximately $1,424,000 for fiscal
year 2009 over fiscal year 2008.