Sino Green Land Reports Acquisition, Control Change, Shell Status
Ticker: SGLA · Form: 8-K · Filed: Feb 15, 2024 · CIK: 1433551
| Field | Detail |
|---|---|
| Company | Sino Green Land Corp. (SGLA) |
| Form Type | 8-K |
| Filed Date | Feb 15, 2024 |
| Risk Level | high |
| Pages | 15 |
| Reading Time | 18 min |
| Key Dollar Amounts | $0.001, $1,070,000,000, $2,000,000,000, $15,000, $522.6 billion |
| Sentiment | mixed |
Sentiment: mixed
Topics: acquisition, change-of-control, equity-sales, shell-company
TL;DR
**Sino Green Land just dropped an 8-K signaling a major shake-up: acquisition, control change, and shell status shift.**
AI Summary
Sino Green Land Corp. filed an 8-K on February 15, 2024, reporting several significant events including the entry into a material definitive agreement, completion of an acquisition or disposition of assets, unregistered sales of equity securities, changes in control of the registrant, and a change in its shell company status. Specific details regarding the parties involved, financial terms, or the nature of these transactions are not provided in this excerpt of the filing.
Why It Matters
These events indicate a major restructuring and strategic shift for Sino Green Land Corp., potentially impacting its operations, ownership, and future business direction. Investors will need to review the full filing for financial implications and strategic rationale.
Risk Assessment
Risk Level: high — Multiple significant events like changes in control, shell company status, and unregistered equity sales introduce substantial uncertainty and potential for significant shifts in company operations and value.
Key Numbers
- N/A — Specific Financials (Details not available in provided excerpt)
Key Players & Entities
- Sino Green Land Corp. (company) — Registrant
- Go Silver Toprich, Inc. (company) — Former Name (changed 2020-01-10)
- Henry County Plywood Corp (company) — Former Name (changed 2009-01-21)
- 07 Trade & Services (company) — Organization Name (role unclear from snippet)
FAQ
What is the earliest event date reported in this 8-K filing?
The earliest event reported in this 8-K filing is February 15, 2024.
What significant items did Sino Green Land Corp. report in this 8-K?
Sino Green Land Corp. reported entry into a material definitive agreement, completion of acquisition or disposition of assets, unregistered sales of equity securities, changes in control of registrant, and change in shell company status.
What is the Central Index Key (CIK) for Sino Green Land Corp.?
The Central Index Key (CIK) for Sino Green Land Corp. is 0001433551.
What was one of Sino Green Land Corp.'s former company names?
One of Sino Green Land Corp.'s former company names was Go Silver Toprich, Inc., which changed on January 10, 2020.
What is the Standard Industrial Classification (SIC) for Sino Green Land Corp.?
Sino Green Land Corp.'s Standard Industrial Classification (SIC) is WHOLESALE-GROCERIES & RELATED PRODUCTS [5140].
Filing Stats: 4,497 words · 18 min read · ~15 pages · Grade level 12.8 · Accepted 2024-02-15 17:10:45
Key Financial Figures
- $0.001 — nge on which registered Common stock, $0.001 par value SGLA The OTC Markets - Pi
- $1,070,000,000 — "JOBS Act") as we do not have more than $1,070,000,000 in annual gross revenue and did not hav
- $2,000,000,000 — ch (i) our annual gross revenue exceeds $2,000,000,000 or (ii) we issue more than $2,000,000,0
- $15,000 — required to pay Custodian Ventures LLC $15,000 towards its costs and expenses as the s
- $522.6 billion — stry's worth has soared to an estimated $522.6 billion. If current trajectories persist, the i
- $11 b — ector is estimated to be worth around US$11 billion, and if current trends persist, i
- $15 billion — 's poised to burgeon to a significant US$15 billion by 2028. This forecast points to a robu
- $3.9 billion — rojected to escalate to an impressive US$3.9 billion by 2028. Growing at a Compound Annual G
- $1,003,693 — shine Green Land incurred a net loss of $1,003,693 and used cash in operating activities o
- $959,289 — nd used cash in operating activities of $959,289. These factors raise substantial doubt
Filing Documents
- form8-k.htm (8-K) — 441KB
- ex3-1.htm (EX-3.1) — 11KB
- ex3-2.htm (EX-3.2) — 82KB
- ex3-3.htm (EX-3.3) — 1KB
- ex3-4.htm (EX-3.4) — 15KB
- ex4-1.htm (EX-4.1) — 22KB
- ex99-1.htm (EX-99.1) — 641KB
- ex4-1_001.jpg (GRAPHIC) — 302KB
- ex4-1_002.jpg (GRAPHIC) — 337KB
- ex4-1_003.jpg (GRAPHIC) — 411KB
- ex4-1_004.jpg (GRAPHIC) — 355KB
- ex4-1_005.jpg (GRAPHIC) — 363KB
- ex4-1_006.jpg (GRAPHIC) — 429KB
- ex4-1_007.jpg (GRAPHIC) — 386KB
- ex4-1_008.jpg (GRAPHIC) — 438KB
- ex4-1_009.jpg (GRAPHIC) — 393KB
- ex4-1_010.jpg (GRAPHIC) — 406KB
- ex4-1_011.jpg (GRAPHIC) — 357KB
- ex4-1_012.jpg (GRAPHIC) — 420KB
- ex4-1_013.jpg (GRAPHIC) — 383KB
- ex4-1_014.jpg (GRAPHIC) — 357KB
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- ex4-1_016.jpg (GRAPHIC) — 434KB
- ex4-1_017.jpg (GRAPHIC) — 341KB
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- ex4-1_019.jpg (GRAPHIC) — 258KB
- ex4-1_020.jpg (GRAPHIC) — 120KB
- ex4-1_021.jpg (GRAPHIC) — 130KB
- form8-k_001.jpg (GRAPHIC) — 18KB
- form8-k_002.jpg (GRAPHIC) — 30KB
- form8-k_003.jpg (GRAPHIC) — 12KB
- ex3-1_001.jpg (GRAPHIC) — 234KB
- ex3-1_002.jpg (GRAPHIC) — 162KB
- ex3-1_003.jpg (GRAPHIC) — 226KB
- ex3-1_004.jpg (GRAPHIC) — 218KB
- ex3-1_005.jpg (GRAPHIC) — 95KB
- ex3-1_006.jpg (GRAPHIC) — 176KB
- ex3-1_007.jpg (GRAPHIC) — 165KB
- ex3-1_008.jpg (GRAPHIC) — 133KB
- ex3-1_009.jpg (GRAPHIC) — 124KB
- ex3-1_010.jpg (GRAPHIC) — 175KB
- ex3-1_011.jpg (GRAPHIC) — 200KB
- ex3-1_012.jpg (GRAPHIC) — 303KB
- ex3-3_001.jpg (GRAPHIC) — 568KB
- ex3-4_001.jpg (GRAPHIC) — 220KB
- ex3-4_002.jpg (GRAPHIC) — 416KB
- ex3-4_003.jpg (GRAPHIC) — 341KB
- ex3-4_004.jpg (GRAPHIC) — 347KB
- ex3-4_005.jpg (GRAPHIC) — 152KB
- ex3-4_006.jpg (GRAPHIC) — 384KB
- ex3-4_007.jpg (GRAPHIC) — 441KB
- ex3-4_008.jpg (GRAPHIC) — 442KB
- ex3-4_009.jpg (GRAPHIC) — 405KB
- ex3-4_010.jpg (GRAPHIC) — 394KB
- ex3-4_011.jpg (GRAPHIC) — 469KB
- ex3-4_012.jpg (GRAPHIC) — 465KB
- ex3-4_013.jpg (GRAPHIC) — 452KB
- ex3-4_014.jpg (GRAPHIC) — 425KB
- ex3-4_015.jpg (GRAPHIC) — 385KB
- ex3-4_016.jpg (GRAPHIC) — 387KB
- ex3-4_017.jpg (GRAPHIC) — 371KB
- ex3-4_018.jpg (GRAPHIC) — 307KB
- ex3-4_019.jpg (GRAPHIC) — 129KB
- 0001493152-24-006894.txt ( ) — 25004KB
- sgla-20240215.xsd (EX-101.SCH) — 3KB
- sgla-20240215_lab.xml (EX-101.LAB) — 33KB
- sgla-20240215_pre.xml (EX-101.PRE) — 22KB
- form8-k_htm.xml (XML) — 4KB
Business
Business Overview Sino Green Land Corp. ("SGLA" or the "Company") is a US holding company incorporated in Nevada. We conduct our business through our Malaysia subsidiary "Tian Li Eco Holdings Sdn.Bhd" ("Tian Li"), which is an environmental protection technology, recycling and renewal of plastic waste bottles and packaging materials being recycled and sale of recovered and recycled products, a company incorporated and based in Malaysia. The Company's mission is rooted in advocating for waste recycling, renewing and reusing, aiming for a sustainable environmental future. With its strategic initiatives, the Company's objective is to become a prominent environmental recycling entity in Asia over the coming five years. Tian Li, based in Selangor, Malaysia, operates under the guidance of a leadership team with over three decades of industry knowledge and experience. Tian Li's primary focus is on the environmental protection sector, particularly addressing plastic waste concerns at both regional and global scales. Tian Li's operations emphasize in converting waste into reusable resources, contributing to societal well-being and environmental conservation, while also supporting the principles of a circular economy. Our Mission Tian Li's mission is rooted in advocating for waste recycling, aiming for a sustainable environmental future. With its strategic initiatives, the Company's objective is to become a prominent environmental recycling entity in Asia over the coming five years. 4 Our Model Tian Li collects and sourcing the raw material such as the PET Bottle Bundle from Cambodia, Southeast Asia and New Zealand. After the raw material is delivered to the factory, Tian Li will process the sorting, cutting, crushing, washing, cleaning, drying, separating, recycling processing and further processing, until the materials are finally recycled into plastic end products such flakes, or Strapping belt, is produced. Thereafter, Tian Li sells it to local or oversea tra