SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
SCHEDULE 13D
(Under the Securities Exchange Act of 1934)
Graystone World Wide, Inc.
(Name of Issuer)
Common Voting Stock
(Title of Class of Securities)
389809104
(CUSIP Number)
Karl S. Smith, Suite 201, 455 East 500 South, Salt Lake City, UT 84111,
(801-532-1742)
(Name, Address and Telephone Number of Person Authorized to Receive Notices)
March 26, 1998
(Date of Event which Requires Filing of this Statement)
1. Smith Consulting Services, Inc., IRS Identification No. 87-0566192.
2.
(a) __.
(b) X .
3.
_______________________________________________________________________
(SEC use only)
4. 00 (Services) and WC.
5. Karl S. Smith, President and a director, entered a guilty plea for
failure to file a federal income tax return for 1990 in the United States
District Court for the District of Utah, Civil No. 95-CR-00055001-5.
6. Utah.
Number of Shares 7. Sole Voting Power: 950,000.
Beneficially Owned 8. Shared Voting Power: None.
by Each Reporting
Person 9. Sole Dispositive Power: 950,000.
10. Shared Dispositive Power: None.
11. 960,000.
12. ____(No shares are excluded in the numerical or percentage
computations herein).
13. 6.4%.
14. CO.
Item 1. Graystone World Wide, Inc., a Delaware corporation (SEC
File No. 0-24374 [the "Company," formerly, "Achiote Corporation"]); 2506
Regency Lake Drive, Marietta, Georgia 30062; $0.001 par value common voting
stock.
Item 2.
(a) Smith Consulting Services, Inc., a Utah corporation.
(b) Suite 201, 455 East 500 South, Salt Lake City, Utah 84111.
(c) Same as (b).
(d) Karl S. Smith, President and a director, entered a guilty
plea for failure to file a federal income tax return for 1990 in the United
States District Court for the District of Utah, Civil No. 95-CR-00055001-5.
Item 3. Services and Working capital.
Item 4. The purpose of the transaction was investment only.
Item 5.
(a) 950,000 shares.
(b) Sole Voting Power: 950,000 shares; Shared Voting Power:
None; Sole Dispositive Power: 950,000 shares; and Shared Dispositive Power:
None.
(c) None.
(d) None; not applicable.
(e) Not applicable.
Item 6. None.
Item 7. Not applicable.
After a reasonable inquiry and of my best knowledge and belief, I certify
that the information set forth in this statement is true, complete and
correct.
SMITH CONSULTING SERVICES, INC.
Dated: 4/7/98. By Karl S. Smith
------- -----------------
Karl S. Smith, President
