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Consolidated Balance Sheets (Unaudited) - USD ($)
Aug. 31, 2018
May 31, 2018
Current Assets:    
Cash $ 1,188,737 $ 379,632
Accounts receivable - Trade 4,471,543 4,951,148
Related party receivables 100,587 60,045
Inventory 3,069,552 3,089,267
Prepaid expenses 175,155 215,617
Total Current Assets 9,005,574 8,695,709
Property, Plant and Equipment, net 27,848,623 25,353,876
Total Assets 36,854,197 34,049,585
Current Liabilities:    
Current portion of long-term debt 2,511,874 2,324,046
Current portion of capital leases 2,162,340 2,160,807
Accounts payable and accrued liabilities 6,958,377 4,651,695
Deferred revenue 123,834 3,404,334
Accrued liabilities - related party 28,852 55,104
Preferred dividends payable 102,945
Total Current Liabilities 11,888,222 12,595,986
Long-Term Debt, net of current portion 17,682,287 16,836,180
Capital Leases, net of current portion 3,456,713 1,733,007
Deferred Tax Liability 822,565 490,965
Equity:    
Preferred stock, $0.0001 par value, cumulative, 20,750,000 shares authorized, 50,000 shares issued and outstanding, liquidation preference of $5,000,000 5 5
Common stock, $0.0001 par value, 5,000,000,000 shares authorized, 28,361,201 shares issued and outstanding 2,836 2,836
Additional paid-in capital 53,790,764 53,790,764
Accumulated deficit (51,883,925) (52,485,313)
Total Greystone Stockholders' Equity 1,909,680 1,308,292
Non-controlling interest 1,094,730 1,085,155
Total Equity 3,004,410 2,393,447
Total Liabilities and Equity $ 36,854,197 $ 34,049,585