SOURCE: Graystone Park Enterprises, Inc.

November 23, 2005 13:16 ET

Graystone Park Enterprises, Inc. Reports on IC Places, Inc. Dividend

ORLANDO, FL -- (MARKET WIRE) -- November 23, 2005 -- GRAYSTONE PARK ENTERPRISES, INC. (OTC: GPKE) is pleased to report on the progress of the 100% dividend of IC Places, Inc. in which all GPKE shareholders will receive one share of IC Places, Inc. for every one share of Graystone Park Enterprises, Inc. (OTC: GPKE) they owned as of the record date. All shareholders should receive their shares within the next couple of weeks.

Graystone's management wanted to make sure all paperwork was in order for the dividend to meet all current regulatory requirements. Management would also like to thank all shareholders for their patience throughout this process. With our investors as the forefront of our business plan, Graystone plans to acquire many more companies over the next several years, with dividends to follow. "The upside potential for our company is boundless," remarked Shane Jones, Director. "With the uniquely picked companies under Graystone's wing, they will have that additional exposure and structure which enables them to grow and attract many different opportunities that will result in our shareholders benefiting immensely."

The two companies acquired to date, Gray Publishing and Media (www.ecasebriefs.com), and IC Places, Inc. (www.icplaces.com), will be an example of how GPKE's strategy of dividend payouts to our shareholders, will benefit our client companies not to mention the shareholders themselves.

ABOUT GRAYSTONE:

Graystone Park Enterprises, Inc. was founded to assist the small-business entrepreneur in growing his company and reducing the pitfalls that normally stall a start-up company. Graystone plans on acquiring healthy fledgling companies in need of assistance to dramatically increase its market share. GPKE projects to acquire 2-5 companies in 2005, and an additional 6-10 companies in 2006.

Graystone will maintain a percentage of each subsidiary company. With Graystone's projected aggressive growth in revenues and asset ownership, it is expecting to be AMEX qualified in 2006. GPKE has the knowledge and expertise to take many growth companies to the next level. In doing so, it is able to capitalize on various markets to maximize return on its investment. The GPKE dividend distribution plan puts an emphasis on bolstering shareholder value.

The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements made on behalf of the company. All such forward-looking statements are, by necessity, only estimates of future results and actual results achieved by Graystone Park Enterprises, Inc. and may differ materially from these statements due to a number of factors. Graystone Park Enterprises, Inc. assumes no obligations to update these forward-looking statements to reflect actual results, changes in assumptions or changes in other factors affecting such statements. You should independently investigate and fully understand all risks before making any investment decisions.

Contact Information

  • Contact:
    Graystone Park Enterprises, Inc.
    Eddie Spade
    President
    Phone: 407-386-6962
    Email: Email Contact