SECURITIES AND EXCHANGE COMMISSION
                              Washington, DC 20549


                                  FORM 10-QSB

         X  QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES
               EXCHANGE ACT OF 1934

                For the quarterly period ended September 30, 1997
                           Commission File No. 017833

                                    GREENLAND
                                   CORPORATION


          Nevada                                      87-0439051
(State or other jurisdiction of         (I.R.S. Employer Identification Number)
incorporation or organization)
                                7084 Miramar Road
                                    4th Floor
                               San Diego CA 92121
              (Address and zip code of principal executive offices

                                 (619) 566-9604
              (Registrant's telephone number, including area code)

Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the  preceding 12 months (or for such  shorter  period that the  registrant  was
required  to file  such  reports),  and  (2) has  been  subject  to such  filing
requirements for the past 90 days.
                                                    X YES o NO

Indicate the number of shares outstanding of each of the registrant's classes of
common stock, as of the latest practicable date.


   Class A Common Stock               23,182,707 Shares Outstanding
     $0.001 par value                    as of November 11, 1997




<PAGE>



                     GREENLAND CORPORATION AND SUBSIDIARIES
                              REPORT ON FORM 10-QSB
                        QUARTER ENDED SEPTEMBER 30, 1997

TABLE OF CONTENTS

         PART I.                    FINANCIAL INFORMATION

         ITEM 1.           FINANCIAL STATEMENTS

                           CONDENSED CONSOLIDATED BALANCE SHEETS AS OF
                               SEPTEMBER 30, 1997 AND DECEMBER 31, 1996

                           CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS THREE
                                    MONTHS  ENDED  SEPTEMBER  30,  1997 AND 1996
                                    NINE  MONTHS  ENDED  SEPTEMBER  30, 1997 AND
                                    1996

                           CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN
                               STOCKHOLDERS' EQUITY AS OF SEPTEMBER 30, 1997

                           CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
                               AS OF SEPTEMBER 30, 1997 AND 1996

                           NOTES TO CONDENSED CONSOLIDATED FINANCIAL
                               STATEMENTS

         ITEM 2.           MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL
         CONDITION AND RESULTS OF OPERATIONS

         PART II.          OTHER INFORMATION

                           SIGNATURES




<PAGE>
                     GREENLAND CORPORATION AND SUBSIDIARIES
                      CONDENSED CONSOLIDATED BALANCE SHEETS


<TABLE>
<CAPTION>
                                                                               Sept. 30, 1997          Dec. 31, 1996
                                                                        ---------------------    --------------------
ASSETS                                                                            (unaudited)              (audited)

Current assets:
<S>                                                                     <C>                      <C>                
     Cash in bank                                                       $              11,054    $             6,909
     Escrow Accounts                                                                   11,002                  7,518
     Accounts receivable, officers                                                    148,348                130,398
                                                                        ---------------------    --------------------
          Total current assets                                                        170,404                144,825

     Rental properties, net of depreciation                                         4,913,006              5,054,875

Other assets:
     Land option                                                                            0              2,515,000
     Investments                                                                    2,967,893                152,893
     Capitalized software                                                             186,723                186,723
                                                                        ---------------------    --------------------

                                                                        $           8,238,026     $         8,054,316
                                                                        =====================     ===================

LIABILITIES AND EQUITY

Current liabilities:
     Accounts payable                                                     $           150,807  $              74,550
     Tenant deposits                                                                   20,814                 20,814
     Property taxes payable                                                            68,782                 83,782
     Accrued wages payable                                                             29,750                 49,800
     Accrued payroll taxes                                                             55,914                 43,141
     Accrued interest payable                                                          39,139                 24,139
     Notes payable                                                                      5,000                  5,000
     Payable to Stockholders                                                           89,040                150,000
     Current portion of long-term debt                                                213,000                214,100
                                                                        ---------------------    --------------------
          Total current liabilities                                                   672,246                665,326

Convertible secured debenture                                                         600,000                      0
Payable to stockholders                                                                     0                140,790
     Long-term debt                                                                 3,465,471              3,481,202
                                                                        ---------------------    --------------------

          Total liabilities                                                         4,737,717              4,287,318

STOCKHOLDERS' EQUITY

Common stock
     $0.001 par value: 50,000,000 authorized; 22,315,173 shares
     issued and outstanding (15,214,460 at 12/31/96)                                   22,315                 15,214
Additional paid-in capital                                                          6,574,918              5,595.049
Retained deficit                                                                   (3,096,924)            (1,843,265)
                                                                        ---------------------    --------------------
          Total stockholders' equity                                                3,500,309              3,766,998
                                                                        ---------------------    --------------------

                                                                        $           8,238,026    $         8,054,316
                                                                        =====================    ===================
</TABLE>


                 See accompanying notes to financial statements.





<PAGE>
                     GREENLAND CORPORATION AND SUBSIDIARIES
                 CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS


<TABLE>
<CAPTION>
                                                     Three Months Ended Sept. 30,
                                                           1997               1996
                                                    (unaudited)        (unaudited)
                                                 --------------    ---------------

Revenue:
<S>                                              <C>               <C>            
     Rental income                               $      124,499    $       142,257
     Other income                                         7,027             11,748
                                                 --------------    ---------------
          Net revenue                                   131,526            154,005

Expenses:
     General and administrative                         463,832            205,277
     Depreciation                                        48,219             40,727
     Property and other taxes                             2,598             28,933
     Interest                                           101,766             98,922
                                                 --------------    ---------------
                                                        616,415            373,859
                                                 --------------    ---------------

Loss from operations                                   (484,889)          (219,854)

Other income (expense)                                        0                  0

Provision for income taxes                                    0                  0
                                                 --------------    ---------------

     Net loss                                    $     (484,889)   $      (219,854)
                                                 ==============    ===============

Net loss per share*                              $        (0.02)   $         (0.01)
                                                 ==============    ===============

*Weighted average number of common
   shares used to compute loss per share             20,643,240         16,048,835
</TABLE>


                 See accompanying notes to financial statements.


<PAGE>
                     GREENLAND CORPORATION AND SUBSIDIARIES
                 CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS


<TABLE>
<CAPTION>
                                                      Nine Months Ended Sept. 30,
                                                           1997               1996
                                                    (unaudited)        (unaudited)
                                                 --------------    ---------------
Revenue:
<S>                                              <C>               <C>            
     Rental income                               $      371,339    $       351,654
     AMR and other income                                10,685             92,966
                                                 --------------    ---------------
          Net revenue                                   382,024            444,620

Expenses:
     General and administrative                       1,488,387            545,161
     Depreciation                                       144,657            122,181
     Property and other taxes                            18,922             46,054
     Interest                                           273,717            251,349
                                                 --------------    ---------------
                                                      1,925,683            964,745
                                                 --------------    ---------------

Loss from operations                                 (1,543,659)          (520,125)

Other  income/expense                                   290,000                  0

Provision for income taxes                                    0                  0
                                                 --------------    ---------------

     Net loss                                    $   (1,253,659)   $      (520,125)
                                                 ==============    ===============

Net loss per share*                              $        (0.06)   $         (0.03)
                                                 ==============    ===============

*Weighted average number of common
   shares used to compute loss per share             20,643,249         16,048,835
</TABLE>


                 See accompanying notes to financial statements.


<PAGE>
                     GREENLAND CORPORATION AND SUBSIDIARIES
            CONDENSED CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY


<TABLE>
<CAPTION>
                                                                Common Stock                  Additional
                                                              Par Value $0.001                  Paid-In         Retained
                                                           Shares           Amount               Capital         Deficit
                                                       ---------------   ---------------    ----------------   -------------

<S>                                                    <C>               <C>                <C>                <C>           
Balances at 3/31/97                                         18,195,108   $        18,195    $      6,163,105   $  (2,381,721)

   Issuance of common stock (restricted)
      At $0.25 per share for cash                              557,000               557             130,832               0
      At $0.25 per share for services                          165,200               165              41,135               0
Net loss for period                                                  0                 0                   0        (230,314)
                                                       ---------------   ---------------    ----------------   -------------

Balances at 6/30/97                                         18,917,308            18,917           6,335,072      (2,612,035)
                                                       ---------------   ---------------    ----------------   -------------

   Issuance of common stock (restricted)
      At $0.06 per share for services                        2,325,000            2,325              132,559               0
      At $0.10 per share for cash                            1,072,865            1,073              107,287               0
Net loss for period                                                  0                0                    0        (484,889)
                                                       ---------------   ---------------    ----------------   -------------

Balances at 9/30/97                                         22,315,173   $       22,315     $      6,574,918   $  (3,096,924)
                                                       ===============   ===============    ================   =============
</TABLE>


                 See accompanying notes to financial statements.

<PAGE>
                     GREENLAND CORPORATION AND SUBSIDIARIES
                 CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS


<TABLE>
<CAPTION>
                                                                       9 Months Ended           9 Months Ended
                                                                       Sept. 30, 1997           Sept. 30, 1996
                                                                         (unaudited)              (unaudited)
                                                                       ------------------       ---------------
OPERATING ACTIVITIES
<S>                                                                    <C>                      <C>             
   Net loss                                                            $       (1,253,659)      $      (520,125)
   Adjustments to reconcile net loss to cash used
     by operating activities:
          Depreciation                                                            144,657               122,182
          Stock issued for services/debt                                          324,249                94,968

   Changes in operating assets and liabilities:
          Increase in escrow accounts                                              (3,484)               (3,217)
          Increase in accounts receivable                                               0               (10,000)
          Increase in prepaid expenses                                                  0               (41,000)
          Increase in capitalized software                                              0               (89,646)
          Increase in accounts receivable, officer                                (17,950)              (55,898)
          Increase in accounts payable                                             76,257                50,893
          Decrease in tenant deposits                                                   0                (1,721)
          Decrease in property taxes                                              (15,000)               26,411
          Decrease in wages payable                                               (20,050)               49,800
          Increase in payroll taxes                                                12,773                     0
          Increase in interest payable                                             15,000                     0
          Decrease in payable to stockholder                                      (60,960)                    0
          Decrease in current portion long-term debt                               (1,100)              (13,356)
                                                                       ------------------       ---------------

Net cash required by operating activities                                        (799,267)             (390,709)
                                                                       ------------------       ---------------

FINANCING ACTIVITIES
   Proceeds from convertible secured debt                                         600,000                     0
   Retirement of payable to stockholder                                          (140,790)              (10,000)
   Retirement of long term debt                                                   (15,731)              145,669
   Repayment of loan                                                                    0               (45,000)
   Proceeds from sale of stock                                                    659,933               455,610
                                                                       ------------------       ---------------

Net cash provided by financing activities                                       1,103,412               546,279
                                                                       ------------------       ---------------

INVESTING ACTIVITIES
   Sale of land option                                                         (2,515,000)                    0
   Acquisition of rental properties                                                     0              (121,582)
   Acquisition of investments                                                   2,815,000                     0
                                                                       ------------------       ---------------

Net cash used by investing activities                                            (300,000)             (121,582)
                                                                       ------------------       ---------------
Increase (decrease) in cash and cash equivalents                                    4,145                33,988

Cash and cash equivalents at beginning of period                                    6,909                 8,523
                                                                       ------------------       ---------------

Cash and cash equivalents at end of period                             $           11,054       $        42,511
                                                                       ==================       ===============

SUPPLEMENTAL INFORMATION
   Cash paid for interest                                              $          101,766       $        98,922
</TABLE>


                 See accompanying notes to financial statements.

<PAGE>
                     GREENLAND CORPORATION AND SUBSIDIARIES
              NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
                        QUARTER ENDED SEPTEMBER 30, 1997

PART I - FINANCIAL INFORMATION

BASIS OF PRESENTATION

General

         The accompanying  unaudited financial  statements have been prepared in
accordance with the instructions to Form 10-QSB.  Therefore, they do not include
all information and footnotes necessary for a complete presentation of financial
position,  results  of  operations,  cash  flows,  and  stockholders'  equity in
conformity with generally accepted  accounting  principles.  Except as disclosed
herein,  there has been no material change in the  information  disclosed in the
notes to the financial  statements  included in the  Company's  annual report on
Form 10-KSB for the year ended  December 31, 1996. In the opinion of Management,
all adjustments  considered  necessary for a fair presentation of the results of
operations  and financial  position have been included and all such  adjustments
are of a normal  recurring  nature.  Operating  results  for the  quarter  ended
September  30, 1997 are not  necessarily  indicative  of the results that can be
expected for the year ended December 31, 1997.

NOTE 2: PRIVATE PLACEMENT; EQUITY FINANCING

         The  Company  issued  a  Private  Placement   Memorandum   pursuant  to
Regulation  D, Rule 505 during the first  quarter  (and revised on April 9, 1996
and on August 23, 1996) to sell an aggregate of 4,000,000  shares of  restricted
common  stock for a total of  $1,000,000.  During the three month  period  ended
September  30,  1997,  a total of  $108,360  was raised  pursuant to the Private
Placement.  The total amount  raised  pursuant to the Private  Placement for the
nine month period ended September 30, 1997 was $317,999.

NOTE 3: CONVERTIBLE SECURED DEBENTURES

         On April 9, 1997,  the Company  sold  $600,000 in  aggregate  principal
amount of 10%  Convertible  Debentures  due April 30, 1999 under  Regulation  S.
Sales  commissions  of 15% were paid.  The Company  placed  4,000,000  shares of
restricted  stock in  escrow as  security.  Under  the  original  terms of their
issuance,  the Series B Convertible Debentures are convertible into common stock
at the lower of $.186 per share or 62% of the  closing  bid price of the  common
stock averaged over the five days prior to conversion.  The issuance and sale of
the Series B Convertible  Debentures was intended to comply with Regulation S of
the Securities Act.

         Based in part on the  advice of  outside  legal  counsel,  the  Company
believes that the validity of the  convertibility  of the  Debentures is open to
some question and the Company has been sued by the Holders of the  Debentures to
force  conversion.  The Company is defending  its position and is, at this time,
uncertain as to the outcome of these  proceedings.  (See Part II, Item 1, "Legal
Proceedings.)

         The  Company  has booked  the  Debentures  as  long-term  debt.  Should
conversion occur, there would be a corresponding entry in stockholders'  equity,
which would  involve  significant  dilution of current  shareholders.  4,000,000
shares of the  Company's  restricted  common  stock has been placed in escrow to
cover such conversion.


<PAGE>



ITEM 2 -          MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL
                           CONDITION AND RESULTS OF OPERATIONS

Introduction

         The  following   discussion   pertains  to  the  Company's  results  of
operations  and  financial   condition  as  of  September  30,  1997  and  1996,
respectively.

         The   operations  of  the  Company's   meter  reading   operations  are
consolidated in the Company's financial statements. The Company's AMR operations
have been  devoted  primarily  to  research  and  development.  The  Company has
contracted for the  installation  of test systems of its  AirLink(TM)  automated
meter reading system for three utilities in Oregon,  Utah, and Connecticut.  The
Company  hopes that the success of these test  systems will result in orders for
full buildout of AirLink systems.

         The  Company's  other  operations  have  been  devoted  to  that of its
wholly-owned GAM Properties,  Inc. subsidiary.  GAM owns and manages a number of
residential and commercial income properties in California.

         The Company  owns a 49% interest in  Signature  Leasing,  LLC, a Nevada
Corporation  ("Signature").  Signature  is a  commercial  leasing  company.  The
Company has not  consolidated  the  operations of Signature as it was a minority
shareholder at September 30, 1997.

Results of Operations

Revenues

         Rental  income  totaled  $124,499  for the  three  month  period  ended
September  30,  1997, a decrease of $17,758 or 12.5% from the prior year period.
This decrease was due primarily to changes in the  composition  of the Company's
property  portfolio  and  variable  occupancy  rates from the prior year period.
Rental  income for the nine month period ended  September  30, 1997 was $371,339
compared to $351,654 for the prior nine month period; an increase of $19,685, or
5.6%. The San Diego rental market remains  essentially flat; but the Company has
been able to stabilize occupancy rates and, in certain cases, to increase rental
rates.

         Other income for the three months ended  September  30, 1997 was $7,027
compared to $11,748 in the prior year period, a decrease of 4,721, or 40.2%. The
decrease is due to the lack of revenues associated with new charges to utilities
for testing of AirLink  systems.  For the nine month period ended  September 30,
1997,  the  Company  had other  income of $10,685  compared  to $92,966 of other
income in the prior year nine month period.  In the previous  fiscal  nine-month
period,  $30,000 was attributed  directly to test installations of the Company's
AirLink system. The Company has had no income from such activities in the fiscal
1997.

Expenses

         General and  administrative  expenses  for the three month period ended
September  30, 1997 were  $463,832  as  compared to $205,277  for the prior year
period,  an  increase  of $258,555 or 126%.  This  increase is  attributable  to
increased  costs  related to the  broadened  management  and  operations  of the
Company over the past year,  particularly  related to financing  activities  and
increased staff to support the Company's automated meter reading operations. For
the nine month  period ended  September  30,  1997,  general and  administrative
expenses were $1,488,387 as compared to $545,161 for the prior year, an increase
of $943,226.

         Depreciation  expense was $48,219 for the third  quarter of fiscal 1997
as compared to $40,727 in the  previous  year  period,  an increase of $7,492 or
18.4%, which is attributable to changes in the Company's




<PAGE>



portfolio of  properties.  For the nine month period ended  September  30, 1997,
depreciation  was $144,657 as compared to $122,181 in the  previous  year's nine
month period.

         Interest  expense was $101,766 in the third quarter  period of 1997, an
increase  of $2,844 or 2.9%  compared  to the prior year third  quarter  period.
Interest expense for the nine month period ended September 30, 1997 was $273,717
compared to $251,349 for the prior year,  an increase of $22,368,  or 8.9%.  The
decrease in interest  expense  during the nine month period ended  September 30,
1997 is due primarily to changes in the Company's real estate  portfolio and the
associated indebtedness.

         Property and other taxes for the three month period ended September 30,
1997 were $2,598 compared to $28,933 in the previous  year's second  quarter,  a
decrease of $26,335 or 91.1%.  For the nine month  period  ended  September  30,
1997,  property  taxes were  $18,922  compared to taxes of $46,054 for the prior
year's nine month  period,  a decrease of $27,132 or 58.9%.  The  decreases  are
attributable  to the changes in the  composition of the Company's of real estate
properties upon which value property taxes are assessed.

Real Estate Operations

         The Company's wholly-owned GAM Properties, Inc. subsidiary continued to
post losses during the  three-month  and six-month  periods  despite  efforts to
improve the composition of its real estate portfolio.

         On October 22, 1997,  the Company signed a Letter of Intent with Golden
Age  Homes,  Inc.  ("Golden  Age")  to sell  Greenland's  GAM  Properties,  Inc.
subsidiary  to Golden Age for  convertible  preferred  stock of Golden Age.  The
terms of the  transaction  provide for the Company to receive  Golden Age shares
that are  equivalent  to the net  asset  values  of the  Company's  real  estate
properties.  The  transaction is subject to the approval of the  shareholders of
both companies, which is scheduled to take place in the fourth quarter of fiscal
1997.

         Notwithstanding  the above,  management had been working on alternative
plans to  exchange  its equity in  selected  properties  in order to improve the
Company's  cash flow.  Additional  financing  would be required in the future in
order to enable the Company to achieve  better  financial  results from its real
estate operations.

Automated Meter Reading Operations

         The Company has continued to fund the research and development  efforts
of its automated meter reading operations. During the third quarter, the Company
participated  as  an  exhibitor  at  the  Automated  Meter  Reading  Association
symposium in Chicago, Illinois to promote its AirLink system.

         The  Company  has  agreements  to install  test  systems in Oregon with
Emerald Peoples Utility District; in Utah with Springville City Electric; and in
Connecticut  with the Third  Taxing  District of Norwalk.  The Company has begun
installation of tests in both Oregon and Connecticut and plans to begin the Utah
installation in the fourth quarter of fiscal 1997.  During these tests,  Company
personnel  deploy a number  of  AirLink  devices  in the  field to  function  in
everyday utility  conditions.  Modifications  are made to maximize  performance,
improve  functionality,  and make required changes.  This process is expected to
continue  for  the  balance  of  fiscal  1997  in an  effort  to  reach  optimum
functionality and performance for anticipated marketing and sales to prospective
customers worldwide.

         The Company  continues to modify and improve its  technology,  and will
use its field testing to continue  this process in order to provide  competitive
advantage.  The Company is currently in  discussions  with several dozen utility
companies in the United States and  internationally  related to  installation of
test systems or full buildout.

         The Company has also signed several  agreements with other companies in
order to represent AirLink.  In July, the Company entered into an agreement with
StarCom  U.S.A.  whereby  StarCom and Greenland  will cooperate in presenting an
integrated communications system for Puerto Rico encompassing up to 1.3 million 
utility meters.


<PAGE>


Liquidity and Capital Resources

         The  Company's  total assets were  $8,238,026 at September 30, 1997, an
increase of $183,710 (2.3%) from the year ended December 31, 1996. This increase
in assets is based on changes in the  composition  of the Company's  real estate
portfolio.

         At September 30, 1997, the Company's total liabilities were $4,737,717,
an increase of $450,399  (19.2%)  over the year ended  December  31,  1995.  The
increase  is  attributable  primarily  to changes in  accounts  payable  and the
addition of $600,000 in debt associated with the Company's  Convertible  Secured
Debentures.  Stockholders'  equity was  $3,500,309  at  September  30,  1997,  a
decrease of $266,689 (7.1%) over the year ended December 31, 1995.

         The Company had negative  working  capital of $501,842 at September 30,
1997. The Company has only recently begun  marketing its automated meter reading
technology  and products and there can be no assurance  that  revenues from such
efforts will be  forthcoming  in the immediate  near future.  Consequently,  the
Company  will  require   additional   capital  to  offset  ongoing  losses  from
operations.  The  Company is in the process of a private  placement  offering to
sell up to 4,000,000  shares of  restricted  common  stock to raise  $1,000,000,
which would help eliminate the pressures  associated  with this  condition.  The
Company has signed a Letter of Intent with Golden Age Homes,  Inc.  for the sale
of its GAM  Properties  subsidiary  in order to enhance  cash  flow.  Management
continues to explore additional financing opportunities.






<PAGE>



PART II - OTHER INFORMATION


ITEM 1 - LEGAL PROCEEDINGS

         At this time,  the Company is involved in one legal  matter  related to
its sale of convertible  debentures  pursuant to Regulation S last April. On the
advice of  counsel,  the Company  did not  convert  any of the  debentures  when
requested  by Holders of said  debentures.  The Holders have sued the Company in
Federal Court in Nevada to force  conversion of the debentures into common stock
of the Company  pursuant to the  original  terms.  The Company is  preparing  an
answer to the lawsuit and plans to pursue all of its legal  remedies,  including
aggressive defense,  countersuit,  and out-of-court settlement with the Holders.
The Company has placed 4,000,000 shares of its restricted common stock in escrow
to cover the conversion privileges of the Holders.

         The Company's  officers and directors are aware of no other  threatened
or  pending  litigation  which  would  have a  material,  adverse  effect on the
Company.

ITEM 2 - CHANGES IN SECURITIES

         Not applicable.

ITEM 3 - DEFAULTS ON SENIOR SECURITIES

         None.

ITEM 4 - SUBMISSION OF MATTER TO VOTE OF SECURITY HOLDERS

         On  October  27,  1997,  the  Company  issued  a  Proxy   Statement  to
shareholders to vote at a Special Meeting of Shareholders to be held on December
5, 1997. The purpose of this meeting is to vote two (2) matters: (1) the sale of
the Company's GAM Properties, Inc. subsidiary to Golden Age Homes, Inc.; and (2)
to amend the Company's  Articles of  Incorporation to effect the increase of its
authorized common stock to 100,000,000 shares.

ITEM 5 - OTHER INFORMATION

         None.

ITEM 6 - EXHIBITS AND REPORTS ON FORM 8-K

         (a)  Exhibits - none.

         Reports on Form 8-K - none.










<PAGE>


                                   SIGNATURES


Pursuant  to the  requirements  of the  Securities  Exchange  Act of  1934,  the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned thereunto duly authorized.




                           GREENLAND CORPORATION


November 14, 1997          Signed
                           --------------------------------------------------
                           Eric Gaer
                           President and Chief Executive Officer


November 14, 1997          Signed
                           --------------------------------------------------
                           Gerry B. Berg
                           Chairman and Chief Financial Officer