What changed in this filing

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Item 1. Business

2023-03-31 compared with 2022-03-29 · 74 added, 195 removed, 5 unchanged (98% of the section changed)

Green Land Corporation formerly known as Go Silver Toprich Holding Inc.

(the “Company”) is a corporation organized under

the laws of the State of Nevada.

Company was engaged in wholesale distribution, marketing and sales of premium fruits in China.

In 2013, the management decided to discontinued

its prior operations and dissolved all the subsidiaries to better reflect its new business direction.

The Company currently intends to

seek for a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one

or more businesses.

Company is an emerging growth company and, as such, the Company is subject to all of the risks associated with early stage and emerging

growth companies.

Business Development

Company was organized under the laws of the State of Nevada on March 2008, under the name of Henry County Plywood Corporation, as the

successor by merger to a Virginia corporation organized in May 1948 under the same name.

On March 17, 2009, the Company’s corporate

name was changed to Sino Green Land Corporation.

The Company was a development stage company with

the goal of acquire private corporations that are involved in recovering scrap or waste plastic and to reprocess, recycle, sales

and distribution of reusable plastics.

to 2013, the Company engaged in wholesale distribution,

marketing and sales of premium fruits in China .

operations for Sino Green Land Corp.

and its subsidiaries were abandoned by former management and a custodianship action, as described

in the subsequent paragraph, was commenced in 2019.

The Company filed its last 10Q in 2011, this financial report included liabilities

As of the date of this filing, these liabilities and debts have been settled and the subsidiaries have been spun-off in by

the current management in 2012.

December 30, 2019, the Eighth District Court of Clark County, Nevada granted the Application for Appointment of Custodian as a result

of the absence of a functioning board of directors and the revocation of the Company’s charter.

The order appointed Custodian Ventures

LLC (the “Custodian”) custodian with the right to appoint officers and directors, negotiate and compromise debt, execute

contracts, issue stock, and authorize new classes of stock (“Court Order”).

court awarded custodianship to Mr.

Company was incorporated under the laws of the State of Nevada on March 6, 2008, under the name of Henry County Plywood Corporation,

as successor by merger to a Virginia corporation incorporated in May 1948 under the same name.

On March 17, 2009, the Company

changed its name from “Henry County Plywood Corporation” to “Sino Green Land Corporation”.

2009 to 2011, the Company was principally engaged in the wholesale distribution of premium fruits in China .

In 2011, the Company was delinquent in statutory filings, and the last annual report, Form 10-K for the year ended December 31,

2010, was filed to the SEC on March 31, 2011, and the last Form 10-Q for the period ended September 30, 2011, was filed to the SEC

on November 14, 2011.

December 30, 2019, the Eighth District Court of Clark County, Nevada g ranted

the Application for Appointment of Custodian, to Custodian Ventures LLC .

David Lazar (“Mr.

Lazar”) based on the absence of a functioning board of directors, revocation

of the company’s charter, and abandonment of the business.

At this time, Mr.

Lazar was appointed sole officer and director (“Change

in Principle Officer’).

January 7, 2020, Mr.

Lazar announced the Court Order and Change in Principle Officer through Form 8-K filing.

The filing also mentioned

Change in company name from Sino Green Land Corp to Go Silver Toprich Inc.

Company was severely delinquent in filing annual reports for the Company’s charter.

The last annual report was filed on March 31,

2011 in on Form 10-K.

In addition, the Company was subject to Exchange Act reporting requirements including filing 10Q’s and 10Ks.

The Company filed its last 10Q for quarter ending September 30, 2011, and was out of compliance with Exchange Act reporting.

attempted to contact the Company’s officers and directors through letters, emails, and phone calls, with no success.

David Lazar of Custodian Ventures LLC applied to the Court for an Order appointing Mr.

as the Custodian.

This application was for the purpose of reinstating SGLA’s corporate charter to do business and restoring value

to the Company for the benefit of the stockholders.

June 10, 2020, SGLA, Custodian Ventures, LLC, and Mr.

David Lazar entered into a settlement agreement whereby Custodian

Ventures LLC shall dismiss its custodianship, and SGLA shall resume operations of the business, and each party shall provide each other

mutual releases.

In consideration of the release, SGLA to pay Custodian Ventures LLC $15,000 towards its costs and expenses as the settlement

to dismiss its custodianship with the Court.

Lazar performed the following actions in its capacity as custodian:

any expenses of the Company including paying off outstanding liabilities

the Company back into compliance with the Nevada Secretary of State, resident agent, transfer agent

officers and directors and held a shareholders meeting

Custodian paid the following expenses on behalf of the Company:

Secretary of State for reinstatement of the Company

agent, Island Stock Transfer

and Restated Articles of Incorporation for the Company.

appointment as the Custodian of SGLA and under its duties stipulated by the Nevada court, Mr.

Lazar took initiative to organize the business

of the issuer.

As Custodian, the duties were to conduct daily business, hold shareholder meetings, appoint officers and directors, reinstate

the Company with the Nevada Secretary of State.

Lazar also had authority to enter into contracts and find a suitable merger candidate.

The Custodian or Mr.

Lazar did not receive any additional compensation, in the form of cash or stock, for custodian services.

The custodianship

was discharged on July 2, 2020.

July 2, 2020, pursuant to the Settlement Agreement and court dismissal of the custodianship, SGLA has resume operations of the business,

Lazar resigned his position of sole officer and director and the former management Mr.

Xiong Luo has been re-appointed as director

and officer of SGLA.

July 2, 2020, Ms.

Teresa Wo has been appointed as President, Ms.

Elise Wong Ching Wing as Treasurer and Ms.

Erin Wong as Secretary.

August 31, 2020, the Company changed its name from Go Silver Toprich Inc.

back to Sino Green Land Corp.

Lazar”), on behalf of the Custodian Ventures LLC , was

awarded with custodianship and appointed as sole officer and director of the due to the Company’s ineffective board of

directors, revocation of corporate charter, and abandonment of business.

On January 7, 2020, Mr.

Lazar announced the Court Order and

the Change in Principle Officer through Form 8-K filing.

The filing also mentioned the change of Company’s name from

“Sino Green Land Corporation” to “Go Silver Toprich, Inc.”.

On June 10, 2020, a settlement agreement was

entered between the Company, Custodian Ventures, LLC, and Mr.

Pursuant to the agreement, Custodian

Ventures LLC shall dismiss its custodianship, and the Company shall resume its business operations, and each party shall provide

each other mutual release.

In consideration of the release, the Company was required to pay Custodian Ventures LLC $15,000 towards

its costs and expenses as the settlement to dismiss its custodianship with the Court.

On July 2, 2020, the custodianship was

discharged by the Court and Mr.

Lazar resigned as sole officer and director of the Company.

The former officer, Mr.

Luo”) was re-appointed as Chief Executive Officer and director of the Company.

July 2, 2020, along with the resumption of the Company’s business operations, Ms.

Wo Kuk Ching (“Ms.

Luo has served as President and director of the Company, Ms.

Wong Ching Wing (“Elise”), daughter of Ms.

served as Chief Financial Officer, Treasurer and director of the Company, and Ms.

Wong Erin (“Erin”), another daughter

Wo has served as Secretary of the Company, respectively.

On August 31, 2020, the Company changed its name from “Go

Silver Toprich, Inc.” back to “Sino Green Land Corporation”.

December 2, 2021, Mr.

Xiong Luo has notified the resignation his position as the Chief Executive Officer and director of the Company

to the Board of Directors.

His resignation will be effective on the December 31, 2021.

Xiong Luo’s resignation was not because

of any disagreement with the Company on any matter related to the Company’s operations, policies or practices.

current President and Director, Wo Kuk Ching, will be acting CEO until the next suitable candidate is identified.

are currently a shell company, as defined in Rule 405 under the Securities Act of 1933, as amended (the “Securities Act”),

and Rule 12b-2.

Business of Issuer

Green Land Corp.

is a developmental stage company, incorporated under the laws of the State of Nevada on March 2008.

Our plan of business

has not been implemented but will incorporate the acquisition of private corporations involved in recovering scrap or waste plastic and

to reprocess, recycle, sales and distribution of reusable plastics.

present financial revenue has not yet been realized.

The Company hopes to raise capital in order to fund the acquisitions.

statements involving our business plan are forward looking statements and have not been implemented as of this filing.

Company is moving in a new direction, statements made relating to our business plan are forward looking statements and we have no history

of performance.

Current management may not have sufficient

experience in recycling, sales and distribution of reusable plastics.

are in the business of acquiring private corporations in the business of in recycling, sales and distribution of reusable plastics.

goal of recycling plastic is to reduce high rates of plastic pollution while putting less pressure on virgin materials to produce brand

Luo submitted his resignation as Chief Executive Officer and director of the Company to the board of directors

effective December 31, 2021.

from December 31, 2021, Ms.

Wo serves as Chief Executive Officer.

Wo currently holds the positions of Chief Executive Officer, President, and director of the Company, respectively.

the Company intends to look for various opportunities like asset acquisitions, business combination or mergers and acquisitions (M&A)

for strategic growth.

plan to acquire or merge with private corporations doing businesses in recycling and, sales and distribution of reusable plastics.

goal of recycling plastics is to reduce high rates of plastic pollution while putting less pressure on virgin materials to produce brand

new plastic products.

1 unchanged sentence

Our vision incorporates the spirit of social responsibility, not only on a local community basis but also on a global scale.

impact of social distancing requirements due to Covid-19 has affected all industries not only plastic recycling industry.

There has been

a strong demand for plastic for several years and converting waste plastic materials into commercially viable products, utilizing environmentally

friendly recycling and manufacturing methods has been a focused by the global awareness in clean environment, a trend many expect to

continue even after Covid-19 restrictions are lifted.

Company intends to implement its business plan upon raising capital.

Subject to available capital, the Company intends to invest in:

of the recycling and extrusion facility

contractor services during facility preparation

engineering and acquisition of lab equipment and supplies

Implementation

international understanding/international-mindedness and/or global awareness/understanding

active in global engagement/global or world citizenship

intercultural understanding and respect for difference

tolerance and commitment to peace

& Sales development, Operations expenditures

analysis will be undertaken by or under the supervision of our management.

As of the date of this filing, we have not entered into definitive

In our continued efforts to analyze potential business plan, we intend to consider the following factors:

for growth, indicated by anticipated market expansion or new technology;

position as compared to other plastic recycling plants of similar size and experience within the segment as well as within the industry

and diversity of management, and the accessibility of required management expertise, personnel, services, professional assistance

and other required items;

requirements and anticipated availability of required funds, to be provided by the Company or from operations, through the sale of

additional securities or convertible debt, through joint ventures or similar arrangements or from other sources;

extent to which the business opportunity can be advanced in the marketplace;

relevant factors

applying the foregoing criteria, management will attempt to analyze all factors and circumstances and make a determination based upon

reasonable investigative measures and available data.

Due to our limited capital available for investigation, we may not discover or

adequately evaluate adverse facts about the opportunity to be acquired.

Additionally, we will be competing against other entities that

may have greater financial, technical, and managerial capabilities for identifying and completing our business plan.

are unable to predict when we will, if ever, identify and implement our business plan.

We anticipate that proposed business plan would

be made available to us through personal contacts of our directors, officers and principal stockholders, professional advisors, broker-dealers,

venture capitalists, members of the financial community and others who may present unsolicited proposals.

In certain cases, we may agree

to pay a finder’s fee or to otherwise compensate the persons who introduce the Company to business opportunities in which we participate.

of the time of this filing, the Company has not implemented its business plan.

expect that our due diligence will encompass, among other things, meetings with incumbent management of the target business and inspection

of its facilities, as necessary, as well as a review of financial and other information, which is made available to the Company.

due diligence review will be conducted either by our management or by third parties we may engage.

We anticipate that we may rely on

the issuance of our common stock in lieu of cash payments for services or expenses related to any analysis.

may incur time and costs required to select and evaluate our business structure and complete our business plan, which cannot presently

be determined with any degree of certainty.

Any costs incurred with respect to the indemnification and evaluation of a prospective plastic

recycling program that is not ultimately completed may result in a loss to the Company.

These fees may include legal costs, accounting

costs, finder’s fees, consultant’s fees and other related expenses.

We have no present arrangements for any of these types

anticipate that the investigation of specific business opportunities and the negotiation, drafting and execution of relevant agreements,

disclosure documents and other instruments will require substantial management time and attention and substantial cost for accountants,

attorneys, consultants, and others.

Costs may be incurred in the investigation process, which may not be recoverable.

Furthermore, even

if an agreement is reached for the participation in a specific business opportunity, the failure to consummate that transaction may result

in a loss to the Company of the related costs incurred.

company expects to compete with many countries in the plastic recycling industry.

In addition, there are several competitors that are

larger and more profitable than SGLA.

We expect that the quantity and composition of our competitive environment will continue to evolve

as the industry matures.

Additionally, increased competition is possible to the extent that new geographies enter the marketplace as

a result of continued enactment of regulatory and legislative changes.

We believe that diligently establishing and expanding our funding

sources will establish us in an already established industry.

Additionally, we expect that establishing our product offerings on new

platforms are factors that mitigate the risk associated with operating in a developing competitive environment.

Additionally, the contemporaneous

growth of the industry as a whole will result in new competitor entering the plastic recycling marketplace, thereby further mitigating

the impact of competition on our future operations and results.

with plastic recycling standards and guidelines will increase development costs and the cost of operating our business.

In turn, we may

not be able to meet the competitive price point for our products dictated by the market and our competitors.

these are forward looking statements and not an indication of past performance.

There is no guarantee that we will be able to implement

our business plan and have no merger candidates as of the time of this filing.

of December 31, 2021, we had two officers, directors and no employees.

We anticipate that we will begin to fill out our management team

as and when we raise capital to begin implementing our business plan.

In the interim, we will utilize independent consultants to assist

with accounting and administrative matters.

We currently have no employment agreements and believe our consulting relationships are satisfactory.

We plan to continue to hire independent consultants from time to time on an as-needed basis.

impact of social distancing requirements due to Coronavirus (“COVID-19”) has affected all industries not only plastic recycling

There has been a strong demand for plastic for several years and converting waste plastic materials into commercially viable

products, utilizing environmentally friendly recycling and manufacturing methods has been a focused by the global awareness in clean

environment, a trend many expect to continue even after the COVID-19 restrictions are lifted.

Company intends to execute its business plan upon capital raising.

Subject to available capital, the Company intends to invest in building

a recycling and extrusion facility, on-site contractor services, local engineering and acquisition of lab equipment and supplies, and

marketing & sales development.

As of the date of this filing, we have not entered

into any definitive agreements.

of the time of this filing, the Company’s business plan has not been executed.

currently have no regular employees, and our officers and directors take an active role serving the Company in corporate governance and

compliance, strategic planning, and overall management.

We anticipate that we will start to recruit regular employees and build up our

management team as and when our business starts.

required by smaller reporting companies.

We are a smaller reporting company as defined by Rule 12b-2 of the Securities Exchange Act of

1934 and are not required to provide the information under this item.

UNRESOLVED STAFF COMMENTS

current business office is located at No.

Jalan Hi Tech 7/7, Kawasan Perindustrian Hi Tech 7, 43500 Semenyih, Selangor, Malaysia.

The office space is provided by our Chief Executive

Officer at no charge.

LEGAL PROCEEDINGS

are not currently involved in any legal proceedings, and we are not aware of any pending or potential legal actions.

MINE SAFETY DISCLOSURES

Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.

What changed 10-K

Item 1. Business