SECURITIES AND EXCHANGE COMMISSION
                              Washington, DC 20549

                                   FORM 10-QSB


    QUARTLY REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT
                                     OF 1934

                  FOR THE QUARTERLY PERIOD ENDED MARCH 31, 2002


                         COMMISSION FILE NUMBER: 017833


                              GREENLAND CORPORATION
             (Exact Name of Registrant as specified in its charter)


          NEVADA                              87-0439051
(State  of  other  jurisdiction  of  incorporation  or  organization)
(I.R.S.  Employer  Identification  Number)


                      2111 PALOMAR AIRPORT ROAD, SUITE 200
                               CARLSBAD, CA 92009
              (Address and zip code of principal executive offices)


                                  (760) 804-2770
              (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.
YES   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 $0.001 PAR VALUE
               270,420,378 SHARES OUTSTANDING AS OF APRIL 30, 2002

                       DOCUMENTS INCORPORATED BY REFERENCE

Traditional  Small  Business  Disclosure  Format  (check  one):  YES   NO

<PAGE>
                              GREENLAND CORPORATION
                              REPORT ON FORM 10-QSB
                          QUARTER ENDED MARCH 31, 2002
                                TABLE OF CONTENTS


Part  I.          Financial  Information

Item  1.     Financial  Statements  (unaudited)

     Consolidated  balance  sheets  as  of  March  31,  2002

Consolidated  statements of operations for the three months ended March 31, 2002
and  2001

Consolidated  statements of cash flows for the three months ended March 31, 2002
and  2001

     Notes  to  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
                           CONSOLIDATED BALANCE SHEET
                                   (UNAUDITED)
                                 MARCH 31, 2002

<TABLE>
<CAPTION>



<S>                                                                                       <C>
(in thousands, except share amounts)
ASSETS
----------------------------------------------------------------------------------------


CURRENT ASSETS:
     Cash & cash equivalents . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  $                5
     Accounts receivable, net. . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                 258
     Accounts receivable-officers. . . . . . . . . . . . . . . . . . . . . . . . . . . .                   5
     Prepaid expenses. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                  10
     Inventory . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                 146
                                                                                          -------------------
          Total current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                 424

PROPERTY AND EQUIPMENT, NET. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                 496

OTHER ASSETS
     Investment. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                 450
     Intangibles, net. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                 902
     Other assets. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                  29
                                                                                          -------------------
                                                                                          $            2,301
                                                                                          ===================

LIABILITIES AND STOCKHOLDERS' EQUITY
----------------------------------------------------------------------------------------

CURRENT LIABILITIES:
     Accounts payable. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  $              685
     Accrued expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .               1,011
     Note payable. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                 438
     Note payable-related party. . . . . . . . . . . . . . . . . . . . . . . . . . . . .                 165
     Current maturities of obligations under capital lease . . . . . . . . . . . . . . .                 144
                                                                                          -------------------
          Total current liabilities. . . . . . . . . . . . . . . . . . . . . . . . . . .               2,443

Long term debt
Obligations under capital lease less current maturities. . . . . . . . . . . . . . . . .                 126

COMMITMENTS

STOCKHOLDERS' EQUITY
     Convertible Preferred Class A stock, $.001 par value;
        authorized shares 10,000, 60 shares issued and
        outstanding. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                   -
     Common stock, $.001 par value; authorized shares
        500,000,000, 241,152,994 shares issued and outstanding . . . . . . . . . . . . .                 234
     Additional paid in capital. . . . . . . . . . . . . . . . . . . . . . . . . . . . .              29,661
     Subscribed shares and receivables . . . . . . . . . . . . . . . . . . . . . . . . .              (1,213)
     Accumulated deficit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .             (28,950)
                                                                                          -------------------
          Total stockholders' equity . . . . . . . . . . . . . . . . . . . . . . . . . .                (268)
                                                                                          -------------------
                                                                                          $            2,301
                                                                                          ===================

The accompanying notes are an integral part of these consolidated financial statements.
</TABLE>

<PAGE>
                              GREENLAND CORPORATION
                      CONSOLIDATED STATEMENTS OF OPERATIONS
                                   (UNAUDITED)
                FOR THE THREE MONTH ENDED MARCH 31, 2002 AND 2001

<TABLE>
<CAPTION>



<S>                                                                                       <C>                    <C>
(in thousands) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                  2002              2001
                                                                                          ---------------------  ----------------

Net Sales. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  $                  -   $            89

Cost of Sales. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                   101               436
                                                                                          ---------------------  ----------------

Gross loss . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                  (101)             (347)

Operating Expenses:
     General & administrative expenses . . . . . . . . . . . . . . . . . . . . . . . . .                   714             1,035
     Research & development costs. . . . . . . . . . . . . . . . . . . . . . . . . . . .                     -                67
                                                                                          ---------------------  ----------------

Total operating expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                  (714)            1,102

Loss from operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                  (815)           (1,449)

Non-operating income (expense):
     Loss on sale of investments . . . . . . . . . . . . . . . . . . . . . . . . . . . .                     -              (114)
     Impairment of goodwill. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                (1,565)                -
     Interest expense. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                   (37)              (16)
     Loss on termination of lease. . . . . . . . . . . . . . . . . . . . . . . . . . . .                     -              (212)
     Warrant costs - equity investor . . . . . . . . . . . . . . . . . . . . . . . . . .                     -              (138)
     Other income (expense). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                     -               (16)
                                                                                          ---------------------  ----------------
Total non-operating expense. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                (1,602)             (496)

Loss before income tax and extraordinary item. . . . . . . . . . . . . . . . . . . . . .                (2,417)           (1,945)

Provision for income tax . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                     -                 2
                                                                                          ---------------------  ----------------

Net Loss before extraordinary item . . . . . . . . . . . . . . . . . . . . . . . . . . .                (2,417)           (1,947)

Extraordinary item - loss on settlement of debts . . . . . . . . . . . . . . . . . . . .                   (11)                -
                                                                                          ---------------------  ----------------

Net Loss . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                (2,428)           (1,947)

Other comprehensive income, net of tax . . . . . . . . . . . . . . . . . . . . . . . . .                     -                33
                                                                                          ---------------------  ----------------

Comprehensive loss . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .               (2,428)  $        (1,914)
                                                                                          =====================  ================

Basic and diluted weighted average number of
    common stock outstanding . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .               212,937            70,604
                                                                                          =====================  ================

Basic and diluted net loss per share . . . . . . . . . . . . . . . . . . . . . . . . . .  $             (0.011)  $         (0.03)
                                                                                          =====================  ================

The accompanying notes are an integral part of these consolidated financial statements.
</TABLE>

<PAGE>
                              GREENLAND CORPORATION
                            CONSOLIDATED STATEMENTS OF CASH FLOWS
                                         (UNAUDITED)
                           FOR THE YEARS ENDED MARCH 31, 2002 AND 2001

<TABLE>
<CAPTION>



<S>                                                                                       <C>       <C>
(in thousands) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .     2002      2001
                                                                                          --------  --------

CASH FLOWS FROM OPERATING ACTIVITIES:
  Net loss . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  $(2,428)  $(1,947)
  Adjustments to reconcile net loss to net cash used in
     operating activities:
        Depreciation and amortization. . . . . . . . . . . . . . . . . . . . . . . . . .      126       199
        Allowance for doubtful accounts. . . . . . . . . . . . . . . . . . . . . . . . .        -       100
        Warrant cost - equity investor . . . . . . . . . . . . . . . . . . . . . . . . .        -       138
       Options issued for services . . . . . . . . . . . . . . . . . . . . . . . . . . .        -        92
       Realized loss on the sale & disposal of investments . . . . . . . . . . . . . . .        -       114
       Impairment of goodwill. . . . . . . . . . . . . . . . . . . . . . . . . . . . . .    1,565         -
       Net loss on settlement of debt. . . . . . . . . . . . . . . . . . . . . . . . . .       11         -
       Stock issued for services . . . . . . . . . . . . . . . . . . . . . . . . . . . .      433     1,093
       Stock issued for salaries & reimbursement . . . . . . . . . . . . . . . . . . . .       45         -
       (Increase) / decrease in current assets:
          Accounts receivable. . . . . . . . . . . . . . . . . . . . . . . . . . . . . .        6       (93)
          Inventory. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .        -        26
          Prepaid Expense. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .       22         -
          Other asset. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .        4       (87)
       Increase / (decrease) in current liabilities:
          Account payable and accrued expense. . . . . . . . . . . . . . . . . . . . . .      129       105
                                                                                          --------  --------
             Total Adjustments . . . . . . . . . . . . . . . . . . . . . . . . . . . . .    2,341     1,687
                                                                                          --------  --------
   Net cash used in operating activities . . . . . . . . . . . . . . . . . . . . . . . .      (87)     (260)

CASH FLOWS FROM INVESTING ACTIVITIES
   Proceeds from sale of investments . . . . . . . . . . . . . . . . . . . . . . . . . .        -        65
                                                                                          --------  --------
   Net cash provided by in investing activities. . . . . . . . . . . . . . . . . . . . .        -        65

CASH FLOWS FROM FINANCING ACTIVITIES:
  Proceeds from the exercise of warrants & options . . . . . . . . . . . . . . . . . . .       42        68
  Principal payments on capital leases . . . . . . . . . . . . . . . . . . . . . . . . .      (33)      (12)
  Proceeds from note payable-related party . . . . . . . . . . . . . . . . . . . . . . .       76        74
                                                                                          --------  --------
  Net cash provided by financing activities. . . . . . . . . . . . . . . . . . . . . . .       85       130

NET DECREASE IN CASH & CASH EQUIVALENT . . . . . . . . . . . . . . . . . . . . . . . . .       (2)      (65)

CASH & CASH EQUIVALENT, BEGINNING BALANCE. . . . . . . . . . . . . . . . . . . . . . . .        7        75
                                                                                          --------  --------

CASH & CASH EQUIVALENT, ENDING BALANCE . . . . . . . . . . . . . . . . . . . . . . . . .  $     5   $    10
                                                                                          ========  ========

SUPPLEMENTAL INFORMATION:
  Cash paid for interest . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  $    14   $    12
                                                                                          ========  ========
  Cash paid for income tax . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  $     -   $     -
                                                                                          ========  ========

The accompanying notes are an integral part of these consolidated financial statements.
</TABLE>

<PAGE>
                              GREENLAND CORPORATION
              NOTES TO UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS


NOTE  1.       BASIS  OF  PRESENTATION

The  accompanying  unaudited condensed consolidated interim financial statements
have  been  prepared  in  accordance  with  the  rules  and  regulations  of the
Securities  and  Exchange  Commission  for the presentation of interim financial
information,  but  do  not include all the information and footnotes required by
generally  accepted accounting principles for complete financial statements. The
audited  consolidated  financial statements for the two years ended December 31,
2001 was filed on April 18, 2002 with the Securities and Exchange Commission and
is  hereby referenced.  In the opinion of management, all adjustments considered
necessary  for a fair presentation have been included. Operating results for the
three  months  period ended March 31, 2002 are not necessarily indicative of the
results  that  may  be  expected  for  the  year  ended  December  31,  2002.


NOTE  2.       GOING  CONCERN  UNCERTAINTY

As  shown in the accompanying consolidated financial statements, the Company has
suffered  recurring losses from operations, has a net working capital deficiency
of  approximately $2.0 million and an accumulated deficit of $28.9 million as of
March  31, 2002.  These factors, among others, raise substantial doubt about the
Company's ability to continue as a going concern. The Company's need for working
capital  is a key issue for management and necessary for the Company to meet its
goals  and  objectives. The Company continues to meet its obligations and pursue
additional  capitalization  opportunities.  There is no assurance, however, that
the  Company  will  be  successful  in  meeting  its goals and objectives in the
future.

In view of the matters described in the preceding paragraph, recoverability of a
major  portion  of  the recorded asset amounts shown in the accompanying balance
sheet  is  dependent  upon continued operations of the Company, which in turn is
dependent  upon  the  Company's  ability  to  raise  additional  capital, obtain
financing  and to succeed in its future operations.  The financial statements do
not include any adjustments relating to the recoverability and classification of
recorded  asset  amounts or amounts and classification of liabilities that might
be  necessary  should  the  Company  be  unable  to continue as a going concern.

 During  1999  and  2000,  the  Company  fully  subscribed its private placement
offering  realizing  $3.4  million  in  net  proceeds.  In addition, the Company
realized  $378  thousand from the exercise of Class A Warrants.  There are still
outstanding  Class  B  Warrants  exercisable  at  $1.00  and  Class  C  Warrants
exercisable  at  $1.50 (collectively, the "Warrants").  By letter dated June 18,
2001  the  Company  notified  the holders of the Warrants issued pursuant to the
private  placement that they could exercise all or any portion of their warrants
at  an  exercise  price of $.033 per warrant (each warrant can be exercised into
one  share  of  common  stock  of  Greenland Corporation) (the "Warrant Purchase
Offer").  The  holders  had  thirty  days  to  exercise  said  warrants.

On March 28, 2001, the Company announced that it had entered an agreement with a
NASD  approved  Underwriter,  referred  to  in  Company  communications  as  an
"institutional  private  equity investor," under which the Underwriter agreed to
purchase  shares  of  the  Company's  common  stock  over  the next three years.
Generally,  under  the  terms  of  the  agreement, the Underwriter has agreed to
purchase  such  amounts  of  common  stock  as  the  Company  elects to sell the
Underwriter.  The  purchase  price for the shares is generally the lesser of (1)
the  market  price  less  $0.075  per  share or (2) 93% of the market price. The
agreement  limits  the amount of common shares that the Underwriter is obligated
to  purchase  during  any  61-day  period  to  9.9%  of  the total common shares
outstanding  and is subject to an overall cap of $35 million over the three-year
term  of  the  agreement.  The  Underwriter's  obligation  to  purchase  shares
terminates  upon the occurrence of various events as specified in the agreement.
The actual amount of common stock that the Underwriter may purchase is dependant
on,  among  other  things,  (1)  the market price of the Company's stock and (2)
whether  a  termination  event  occurs.  The  agreement  must  be registered and
declared  effective  by the Securities and Exchange Commission. In consideration
for  executing  the agreement, the Underwriter will receive warrants to purchase
5,390,000  shares  of  Common  stock. There can be no assurance that the Company
will  sell  any  stock  to  the  Underwriter  under  the terms of the agreement.


NOTE  3.       RECENT  PRONOUNCEMENTS

On  July  20,  2001,  the FASB issued SFAS No. 141, "Business Combinations," and
SFAS  No.  142,  "Goodwill  and  Other Intangible Assets." These statements make
significant  changes  to the accounting for business combinations, goodwill, and
intangible  assets.

SFAS No. 141 establishes new standards for accounting and reporting requirements
for  business  combinations  and  will  require  that  the  purchase  method  of
accounting  be used for all business combinations initiated after June 30, 2001.
Use  of  the  pooling-of-interests  method will be prohibited. This statement is
effective  for  business  combinations  completed  after  June  30,  2001.

SFAS  No.  142  establishes  new  standards  for goodwill acquired in a business
combination  and  eliminates  amortization  of  goodwill  and instead sets forth
methods to periodically evaluate goodwill for impairment. Intangible assets with
a  determinable useful life will continue to be amortized over that period. This
statement  became  effective  January  1,  2002.

In June 2001, the Financial Accounting Standards Board ("FASB") issued Statement
of  Financial  Accounting  Standards  ("SFAS")  No.  143,  "Accounting for Asset
Retirement  Obligations".  SFAS 143 addresses financial accounting and reporting
for obligations associated with the retirement of tangible long-lived assets and
the associated asset retirement costs. This Statement is effective for financial
statements  issued  for  fiscal  years  beginning  after  June  15,  2002.

SFAS  No. 144, "Accounting for the Impairment or Disposal of Long-Lived Assets,"
was  issued in August 2001. SFAS No. 144 is effective for fiscal years beginning
after  December  15,  2001, and addresses financial accounting and reporting for
the  impairment or disposal of long-lived assets. This statement supersedes SFAS
No.  121  "Accounting for the Impairment of Long-Lived Assets and for Long-Lived
Assets  to  Be  Disposed Of," and the accounting and reporting provisions of APB
Opinion  No. 30, "Reporting the Results of Operations - Reporting the Effects of
Disposal of a Segment of a Business, and Extraordinary, Unusual and Infrequently
Occurring Events and Transactions," for the disposal of a segment of a business.

The  adoption  of  above  pronouncements,  did  materially  impact the Company's
financial  position  or  results  of  operations  (NOTE  8).

NOTE  4.       INVENTORIES

Inventories  at  March  31,  2002  were  as  follows:

<TABLE>
<CAPTION>



<S>                              <C>
                                  (In thousands)

Raw materials . . . . . . . . .  $          293
Work-in-progress. . . . . . . .             -0-
Finished goods. . . . . . . . .             -0-
                                 ---------------
                                            293
Less allowance for obsolescence            (147)
                                 ---------------

                                 $          146
                                 ===============
</TABLE>

Inventories  are  stated  at  lower of cost, first-in first-out basis or market.
Provision  for  potentially  obsolete  or slow moving inventory is made based on
management's  analysis  of  inventory  levels.

NOTE  5.       ACCOUNTS  RECEIVABLE

The  Company  entered  into  an agreement with CardPlus International, Inc., the
nations  only  certified minority electronic payments processor. Pursuant to the
agreement,  CardPlus  purchased  six  MAXcash  ABM's  and licensed the Company's
intellectual property to establish an electronic transaction and data processing
center.  This  transaction  was  the  first purchase under the Company's ongoing
strategy  to aggressively pursue sales of the MAXcash ABM to customers that have
their  own  processing capabilities. In addition, this transaction was the first
in  the  Company's strategy to license its intellectual property.   On March 31,
2002,  the  accounts  receivable  balance per the balance sheet comprised of the
receivable  from  CardPlus  International,  Inc.


NOTE  6.       PROPERTY  AND  EQUIPMENT

Net  property  and  equipment  at  March  31,  2002  was  as  follows:

<TABLE>
<CAPTION>



<S>                                                                                                        <C>
(In thousands)

Computers and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  $     145
Furniture & equipment under capital leases. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .        537
Demonstration equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .        127
Furniture and fixtures. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .         66
Leasehold improvements. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .        -0-
                                                                                                           ----------
                                                                                                                 875

Accumulated depreciation & amortization (Including accumulated amortization of $159,696 on leased assets)       (379)
                                                                                                           ----------

                                                                                                           $     496
                                                                                                           ==========
</TABLE>

Depreciation  expense,  including  amortization  of capital lease assets for the
three  months  ended March 31, 2002 and 2001 was  $43 thousand and $74 thousand,
respectively.

NOTE  7.       INVESTMENT  &  ACQUISITION

On  September  28,  2001  the  Company purchased 100,000 shares of common stock,
representing  five percent of the issued and outstanding shares of common stock,
of   ZZYZX Peripherals, Inc (the "ZZYZX Shares"). The Company acquired the ZZYZX
Shares for 60 shares of Class A Convertible Preferred shares of the Company (the
"Company  Shares").  The  investment is carried at a cost of $600,000 determined
by  fair  value of the Class A Convertible Preferred Stock issued and exchanged.
Investment  is  adjusted for decline in fair value that is other than temporary.
The  Company's investments in marketable equity securities are being held for an
indefinite  period  and,  in  accordance with the Financial Accounting Standards
Board's Statement 115 (FASB 115), are classified as available for sale. Mr. Gene
Cross  is a Director and Shareholder of Greenland and a Director and shareholder
of  ZZYZX.  Of  the  ZZYZX Shares purchased by Greenland, Mr. Cross owned 20,000
shares.  Mr.  Frank  Kavanaugh, a Director and shareholder of ZZYZX, controls DK
Capital  and  Bet  Trust  and  is a shareholder of Greenland Corporation. Of the
ZZYZX  Shares  purchased  by  Greenland, DK Capital and Bet Trust together owned
40,000  shares.

The  Company  determined the fair value of the investment at $450,000 based upon
market  value  of  the  investment.  The Company charged to earnings $150,000 in
2001,  as  other  than  temporary  impairment  of  the  investment.

On  January  31,  2002,  the  Company  entered  into  a stock purchase agreement
("Agreement") to purchase all of the issued and outstanding shares of W3M, Inc.,
a California corporation doing business as Paradigm Cabling Systems (the "PCS");
and ASHFORD CAPITAL LLC, a California Limited Liability Company, REGENTS CAPITAL
WEST,  MICHAEL CUMMINGS, MONDO MARSHALL, GREG WILBER, SANDRA STEWART and JOHN M.
PITKIN  ("Sellers"),  the shareholders of the Company.  Under the agreement, the
Company  acquired  PCS  for $2,916,667, payable pursuant to the terms of a Stock
Purchase  Agreement  dated  January  31,  2002,  a  Secured

Promissory  Note  dated February 1, 2002, and a Pledge Agreement, dated February
1,  2002. The promissory note bears an interest rate of 7% per annum, is payable
in  installments of $1,000,000 by June 30, 2003 and $1,916,667 by June 30, 2004.
The  promissory  note  is  secured  by  pledge  of  PCS's  stock.  The  Company
contemplated commencing a private placement equity offering on or about June 30,
2002.  The  acquisition costs of approximately $1.9 million will be allocated to
the  assets  acquired  and the liabilities assumed based upon estimates of their
respective  fair  values.     Subsequent  to the consummation of the transaction
the  parties  amended  the  Agreement  to  reflect that the originally scheduled
Closing Date and consolidation of operations will be modified and rescinded  and
will  not  take  place  until  such  time  as the two years of audited financial
statements  of  Paradigm  are  completed.

NOTE  8.       INTANGIBLE  ASSETS

Intangible  assets  at  March  31,  2002  consisted  of  the  following:

<TABLE>
<CAPTION>



<S>                                 <C>
                                     (In thousands)

Capitalized software costs . . . .  $        1,013
Licenses . . . . . . . . . . . . .             675
Excess of purchase price over fair
value of net assets acquired . . .               -
                                    ---------------
                                             1,688

Less accumulated amortization. . .            (786)
                                    ---------------

                                    $          902
                                    ===============
</TABLE>

During  1998,  as part of the purchase of the net assets of Check Central, Inc.,
the  Company  acquired  licenses  to  use certain software in the development of
check  cashing machines.  The Company is amortizing these licenses over 5 years.
The  excess  of  the  purchase price over the fair value of the identifiable net
assets  acquired  was  capitalized  and  is  being  amortized  over  12  years.

The  Company  reviews  its  intangibles  for  impairment  whenever  events  and
circumstances  indicate  that  the  carrying  amount  of  an  asset  may  not be
recoverable.  Management  evaluates  assets  for  impairment  by  comparing
undiscounted  future  cash  flows  to  the  carrying  amount  of the assets.  If
impairment  exists,  the amount of impairment is measured as the amount by which
the  carrying  amount of the asset exceed it's fair value.  Management evaluated
its intangible asset for impairment and wrote off the balance of goodwill in the
amount  of $1.6 million as a loss in this quarter as required by SFAS 142 and is
stated  in  NOTE  2  above.


NOTE  9.       ACCRUED  EXPENSES

Accrued  expenses  at  March  31,  2002  are  as  follows:

<TABLE>
<CAPTION>



<S>                                   <C>
                                       (in thousands)

Accrued monthly expenses . . . . . .  $           414
Accrued payroll liabilities. . . . .              490
Accrued interest . . . . . . . . . .               72
Accrued warranty expense . . . . . .                5
Customer deposits. . . . . . . . . .                3
Customer prepaid communication costs               27
                                      ---------------
                                      $         1,011
                                      ===============
</TABLE>

NOTE  10.       NOTES  PAYABLE  TO  RELATED  PARTIES

Notes  payable  to  related  parties  at  March  31,  2002  were  as  follows:

<TABLE>
<CAPTION>



<S>                                             <C>
(in thousands)

Note payable to a stockholder and officer of the Company.
Unsecured, and interest at 8%.  Principal due February 2002. . . . . . . . . . . . .  $             2

Note payable to a stockholder and employee of the Company.
Unsecured, and interest at 8%.  Principal due March 2003. . . . . . . . . . . . . .               76



Notes payable to a stockholder and officer of the Company.
Interest at 8%.  Principal due at various dates through October 2002.
--------------------------------------------------------------------------

$           165
===============
</TABLE>

NOTE  11.       NOTES  PAYABLE

Notes  payable  at  March  31,  2002  were  as  follows:

<TABLE>
<CAPTION>



<S>                                                      <C>
(in thousands)

Note payable to an unrelated party, with interest at 10%.
Due through the payment of commissions earned through March 9, 2001.



Revolving Line-of-credit agreement with a commercial bank, which allows for advances up to a maximum of $150 thousand.
The line ex
                                                438
====================================================
</TABLE>


NOTE  12.       STOCKHOLDERS'  EQUITY


CONVERTIBLE  PREFERRED  STOCK

The  Company  is  authorized  to  issue  10,000  shares  of  Class A convertible
preferred  stock  with  a face value of ten thousand Dollars ($10,000) and a par
value  of  $.001  per  share.  The  company  issued  60  Class A preferred stock
convertible  into  $10,000 worth of shares of Greenland Corporation common stock
for  acquisition  of  investment  (NOTE  7).

The  Company  is  authorized  to  issue  10,000  shares  of  Class B convertible
preferred  stock with a face value of ten thousand Dollars ($10,000), with a par
value  to be determined at the discretion of the Board of directors. The Company
has  not  issued any Class B convertible preferred stock through March 31, 2002.

COMMON  STOCK  ISSUED  IN  EXCHANGE  FOR  SERVICES

The  Company  issued 41.7 million and 6.0 million shares of its common stock for
services  for  the three months ended March 31, 2002 and 2001, respectively. The
Company has recognized expenses for such services in the amount of $433 thousand
and  $1.1  million  in  2002  and  2001,  respectively.

The  Company issued 4.1 million shares of common stock for salaries totaling $45
thousand.


NOTE  13.       SUPPLEMENTAL  DISCLOSURE  OF  CASH  FLOWS


The  Company  prepares its statements of cash flows using the indirect method as
defined  under  the  Financial  Accounting  Standard  No.  95.

The  cash  flow  statements  do  not  include  following  non-cash investing and
financing  activities:

The  Company  paid  for services in the amount of $433 thousand and $1.1 million
for the three months ended March 31, 2002 and 2001, respectively, by issuing its
common  stock.

The  Company  repaid  notes  payable  to related parties of $88 thousand for the
three  months  ended  March  31,  2001  by  issuance  of  stock.

The  Company paid for salary in the amount of $45 thousands for the three months
ended  March  31,  2002  by  issuing  common  stock.

The  Company issued non-qualified options to employees and directors to purchase
5.9  million shares and recorded $92 thousand expense for the three months ended
March  31,  2001.


NOTE  14.       SEGMENTS  AND  MAJOR  CUSTOMERS

The  Company  has  two  reportable  segments  consisting  of  (1)  the  sale and
distribution  of  automatic  check cashing machines and (2) customer service and
fee  income earned through check cashing transaction processing.  The accounting
policies  of  the  segments  are  the  same as those described in the summary of
significant  accounting  policies.  The  Company  evaluates performance based on
sales,  gross  profit  margins  and  operating  profit  before  income  taxes.

The following is information for the Company's reportable segments for the three
month  ended  March  31,  2002  (in  thousands):

<TABLE>
<CAPTION>



<S>                                     <C>             <C>                   <C>            <C>
                                        Sales Segment   Processing Segment    Unallocated    Total
                                        --------------  --------------------  -------------  --------

Revenue. . . . . . . . . . . . . . . .  $          -0-  $               -0-   $        -0-   $   -0-
Gross margin . . . . . . . . . . . . .             -0-                 (101)           -0-      (101)
Depreciation and amortization. . . . .             -0-                  101            714       815
Interest expense . . . . . . . . . . .             -0-                  -0-             37        37
Other, net . . . . . . . . . . . . . .             -0-                  -0-         (2,279)   (2,279)
Loss from continuing operations before
   income taxes. . . . . . . . . . . .             -0-                 (101)        (2,316)   (2,417)

Identifiable assets. . . . . . . . . .             146                  902          1,253     2,301
Capital expenditures . . . . . . . . .             -0-                  -0-            -0-       -0-
</TABLE>


NOTE  14.       SEGMENTS  AND  MAJOR  CUSTOMERS  (Continued)

The following is information for the Company's reportable segments for the three
month  ended  March  31,  2001(in  thousands):

<TABLE>
<CAPTION>



<S>                              <C>              <C>                   <C>            <C>
                                 Sales Segment    Processing Segment    Unallocated    Total
                                 ---------------  --------------------  -------------  --------

Revenue . . . . . . . . . . . .  $           72   $                17   $        -0-   $    89
Gross margin. . . . . . . . . .             (90)                 (257)           -0-      (347)
Depreciation and amortization .               4                   100             95       199
Interest expense. . . . . . . .             -0-                   -0-             16        16
Other, net. . . . . . . . . . .             -0-                   -0-         (1,584)   (1,584)
Loss from continuing operations
   before income taxes. . . . .             (90)                 (257)        (1,598)   (1,945)

Identifiable assets . . . . . .             -0-                 1,267          2,983     4,250
Capital expenditures. . . . . .             -0-                   -0-            -0-       -0-
</TABLE>


The  above negative gross margins include fixed overhead costs for expenses such
as  supervision,  labor,  amortization  and  depreciation,  communications,  and
facilities, as well as the direct costs to manufacture and service the automated
banking  machines.


NOTE  15.       LEGAL  PROCEEDINGS

The  Company,  along  with Seren Systems ("Seren"), its then current and primary
software developer and supplier for its own ABM terminals, was in the process of
completing  development  of  the  check  cashing service interface to the Mosaic
Software  host  system  being  implemented  to  support a large network of V.com
terminals.  In September 2000, Seren unilaterally halted testing and effectively
shutdown  any  further  check  cashing  development  for  the V.com project. The
parties participating in this project may have been financially damaged, related
to  the  delay in performance by the Company and Seren. Although the Company and
Seren  resolved  the  dispute  between  each  other  and entered into settlement
agreement,  none  of  the  parties  have brought suit against the Company and/or
Seren  at  this time. There is no assurance, however, that such suit(s) will not
be  brought  in  the  future.

On May 23, 2001 the Company filed a Complaint in San Diego County naming Michael
Armani  as  the  defendant.  The Complaint alleges breach of contract by Michael
Armani  in  connection with two separate stock purchase agreements.  The Company
seeks  damages in the amount of $474,595.  On August 7, 2001 the Company filed a
request  for  Entry  of Default against Mr. Armani in the amount of $474,595 and
the  court  granted entry of default.  Subsequently Mr. Armani filed a motion to
set  aside  the  entry of default and on October 26, 2001 the court granted said
motion  and the entry of default was set aside.  The court granted Mr. Armani 10
days  to  file  a  responsive to the Company's Compliant. Although no responsive
pleading  was  filed, the parties agreed to submit the dispute to mediation (See
Subsequent  Events).

On  May  23, 2001 Arthur Kazarian, Trustee for the General Wood Investment Trust
(the  "Landlord")  filed  a  Complaint  in  San  Diego  County  naming Greenland
Corporation  as  a defendant.  The Complaint alleges breach of contract pursuant
to the terms of the lease agreement between the Company and the Landlord for the
real  property  located  at  1935  Avenida  Del  Oro,  Oceanside, California and
previously  occupied  by the Company.  The Complaint seeks damages in the amount
of approximately $500,000.  Although the Company remains liable for the payments
remaining  for  the  term of the lease, the Landlord has a duty to mitigate said
damages.  The  Company  recorded  a lease termination liability of $275 thousand
during  the  year  ended  December  31,  2001.  The Company has retained outside
counsel  for  representation  in  this  matter  and  settlement  discussions are
presently  being  conducted  (See  Subsequent  Events)


NOTE  15.       LEGAL  PROCEEDINGS  (Continued)

The  Company  entered  into  an agreement with Intellicorp, Inc. ("Intellicorp")
whereby  Intellicorp agreed to invest $3,000,000 in exchange for board seats and
stock.  After  making  the initial payment of $500,000, Intellicorp defaulted on
the  balance.  The  Company  is seeking a recovery of the unpaid $2,500,000. The
case  is  in  discovery  stage.  The  defendant's ability to pay is unknown. The
Company  had  issued  46,153,848  shares of common stock for the investment. The
shares  were  returned  back  to the Company and are pending cancellation. These
shares  have  been  excluded  from  the  issued  and  outstanding  shares in the
financial  statements.

On  July  5, 2001 Max Farrow, a formal officer of the Company, filed a Complaint
in  San  Diego  County  naming  Greenland  Corporation,  Thomas  J.  Beener,
Intelli-Group,  Inc.,  Intelli-Group  LLC  and Intelli-Corp, Inc. as defendants.
The  Complaint  alleges  breach  of  contract  in  connection  with Mr. Farrow's
resignation  as  an  officer  and  director of the Company in January 2001.  The
Company  believes  that  the  Company  and  Mr. Beener have valid defense to the
allegations  of  Mr.  Farrow.  Although  there can be no assurances, the Company
believes that it will successfully defend this legal action and that the outcome
will  not  have  a  material  adverse  impact  on  the  Company  (See  note 16).

Fund Recovery, a temporary staffing services filed a complaint against Greenland
Corporation  alleging  breach of contract. Trial is set for June 2002. A summary
judgment  motion  is  pending.  The Company recorded the liability amount of $14
thousand  in  the  consolidated  financial  statements.

The  case  of Magnum Financial against Greenland Corporation for non-payment for
services  was  settled  in  2001  with  a  judgment  against  the Company of $12
thousand.  The  Company  recorded  the  liability  in the consolidated financial
statements.

The case of San Diego Wholesale Credit against Greenland Corporation was settled
for  a  total  of $5 thousand in 2001. The Company recorded the liability in the
consolidated  financial  statements.

John  Ellis  has  filed a demand for arbitration in San Diego County against the
Company  seeking  damages  of  approximately  $70,000  for  an alleged breach of
contract  action. The Company believes it has valid defenses to the allegations.
The  Company  is  presently  engaged  in  the  discovery  process.

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. From
time  to  time  the  Company  is  a  defendant (actual or threatened) in certain
lawsuits  encountered  in the ordinary course of its business, the resolution of
which,  in  the opinion of management, should not have a material adverse effect
on  the  Company's  financial  position  results  of  operations, or cash flows.

 NOTE  16.       SUBSEQUENT  EVENTS

Subsequent  to  March  31,  2002, the Company issued 39,500,000 shares of common
stock  for  services.

Subsequent  to  March  31,  2002,  the  Company  and  Mr. Armani participated in
mediation  and  as  a result entered into a settlement agreement whereby the Mr.
Armani  agreed  to  make  certain  cash  payments to the Company and the parties
entered  into  mutual  release  of  all  claims.  Mr.  Armani  defaulted  in his
obligation to make the first cash payment and consequently, the Company obtained
a judgment against Mr. Armani for $100,000. The Company is commencing efforts to
collect  on  the  judgment.

Subsequent to March 31, 2002, the Company and Mr. Thomas Beener , entered into a
settlement  agreement  with Max Farrow whereby Mr. Farrow  agreed to release Mr.
Beener  from  all  claims,  obligations  etc., in exchange for the issuance of 8
million  restricted  shares  of  Greenland  Corporation  common  stock.

Subsequent  to  March  31, 2002, the Company entered into a settlement agreement
with  Arthur  Kazarian,  Trustee  for  the  General  Wood  Investment Trust (the
"Landlord")  where  by  the  Company  agreed  to  pay the sum of $220,000 to the
Landlord  in  installments  payments of $20,000 in May 2002,  $50,000 in October
2002 and the remaining balance in December 2002. In the event Greenland defaults
in  any  or  all  scheduled  payments,  the Landlord is entitled to a stipulated
judgment  of  $275,000.

Subsequent  to  March  31,  2002  Mr.  Thomas  A.  Hyde,  Jr., resigned as Chief
Executive  Officer  and Chairman of the Board of the Company. The Company issued
certain shares of its common stock as compensation for the balance of Mr. Hyde's
employment  contract.

<PAGE>

ITEM  2  -   MANAGEMENT'S  DISCUSSION  AND  ANALYSIS  OR  PLAN  OF  OPERATION

This  Quarterly Report contains forward-looking statements that involve risk and
uncertainties.  Forward-looking  statements  include,  without  limitation,  any
statement  that  may  predict,  indicate or imply future results, performance or
achievements  and  may  contain  the  words  "believe,"  "expect," "anticipate,"
"estimate," "project," "will be," "will continue" or words or phrases of similar
meaning.  Forward-looking  statements  involve risks and uncertainties which may
cause  actual  results to differ materially from the forward-looking statements.
Such  risks  and uncertainties include, but are not limited to, risks associated
with  completing  product development; commercial use of check-cashing machines;
product  repairs;  consumer  acceptance;  need  for  additional  financing;
manufacturing  risks; dependence on suppliers; dependence on distributors; rapid
technological  changes; dependence on key personnel; compliance with state laws;
risks  of  technical  problems  or  product  defects;  dependence on proprietary
technology  and  other  factors detailed in the Company's reports filed with the
Securities  and  Exchange  Commission.

INTRODUCTION
     The following discussion pertains to the Company's operations and financial
condition  as  of  March  31,  2002,  and should be read in conjunction with the
Company's  financial  statements  and  notes  thereto,  and  other  financial
information  included  elsewhere  in  this  report.
The  Company  has  developed  proprietary  software that is capable of providing
support  for  delivery  to  consumers  of  a range of on-line financial services
including  check  cashing, ATM, money orders and phone card dispensing services.
The  Company  has  developed,  manufactured and has delivered limited numbers of
freestanding  kiosks,  under the trademarked brand name MAXcash ABM. The unit is
similar  in  appearance  to  an  ATM  machine.  The  Company  acquired  its base
technology  in  May  1998,  when  Check  Central was incorporated into Greenland
Corporation  as  a  wholly-owned  subsidiary.
The  Company  has  invested, and continues to invest capital, time and effort in
the  development  and  evolution  of  its  back-office,  risk  management  and
transaction  support  software  systems.  Management,  as  a result of the Seren
litigation  and the default by Intellicorp, determined that its original plan to
develop, produce, and successfully market and support its MAXcash ABM system was
beyond  the  scope of its available resources. However, management also believes
that  it  has  created  a  convenient  and  cost effective system for check cash
transaction processing and the reporting of activity and earnings generated from
its  check  cashing ABMs through secure networks. Accordingly, the Company hopes
to  expand  its  scope from distribution, and support of its proprietary MAXcash
ABM to also providing support for the ABM-like terminals of other manufacturers.
Furthermore,  the  Company  believes  that  it  can  be  successful in providing
back-office  and  on-line  transaction  support  to  other  hardware vendors and
retailers  through  a  network  and software system of its own design, the Check
Central  Solutions.
The Company's strategy for marketing and sales of the MAXcash ABM, during fiscal
2001,  was  directed  at locating distributors of ATM machines and entering into
distribution  agreements.  Although  the  Company  signed  a  number  of  such
agreements,  significant  unit sales did not materialize, however, primarily due
to  the  Seren  dispute.  The Company will continue to seek distributors for the
MAXcash  ABM  and  feels  confident  that  with  the  resolution  of  the  Seren
litigation,  the  willingness  of  distributors  to  handle the MAXcash ABM will
increase.
The  Company's  strategy has been oriented around two revenue streams. The first
was  the  sale of the MAXcash ABM. The second revenue stream was to be generated
from the fees earned in connection with the various banking services provided on
each  of  the  machines  in  operation.  However,  without sufficient numbers of
machines  in  the field, this revenue stream did not produce material results in
fiscal  2001.
Management's  goal  is  to  build a solid foundation that will provide operating
revenue  and opportunity for profitability. This goal will be achieved through a
business  strategy  of  continued  sales  of  the  MAXcash  ABM,  licensing  of
intellectual  property, acquisitions of check cashing stores and acquisitions of
complimentary  companies.
During  the  first quarter of 2002, the Company took the first step in acquiring
companies  that  are  complimentary  to  the  Greenland's  operations,  with the
acquisition  of W3M, Inc., the parent of Paradigm Cabling Systems - ("Paradigm")
market  niche  specialist in data communications and network project management.
With  revenues  of  over  $5.1  million  in fiscal year just completed, Paradigm
provides  a  variety  of  engineering  and  "last mile" installation services to
corporate  and  government  customers  throughout  Southern  California.
     In  addition,  Paradigm  serves  as  a  foundation for growing revenues and
earnings  to  Greenland and represents an internal profit center that is a major
step  towards  building  a  solid  infrastructure  for  Greenland's  transaction
processing  and software business. With Paradigm's expertise in-house, Greenland
will  have  the  ability  to  obtain favorable network pricing, installation and
management  services  for its MAXcash ABM and Check central Solutions customers.

     In  January 31, 2002, the Company entered into the stock purchase agreement
("Agreement")  to  purchase all of the issued and outstanding shares of Paradigm
for  a  purchase  price  of  $2,916,667,  payable  pursuant  to the terms of the
Agreement  dated  January  31, 2002, a Secured Promissory Note dated February 1,
2002,  and a Pledge Agreement, dated February 1, 2002. The promissory note bears
an  interest  rate  of 7% per annum, is payable in installments of $1,000,000 by
June 30, 2003 and $1,916,667 by June 30, 2004. The promissory note is secured by
pledge  of  Paradigm's  stock.  The  Company  contemplated  commencing a private
placement  equity  offering  on  or  about  June  30,  2002.
     Subsequent to the consummation of the transaction and in preparation of the
consolidation of financial reporting of the Company and Paradigm's operations it
was determined that the required two years of audited financial statements would
consume  more  time and expense than originally anticipated. Therefore, although
the  Agreement  is  executed  and  fully  binding, on April 30, 2002 the parties
amended  the Agreement to reflect that the originally scheduled Closing Date and
consolidation  of  operations  will  be modified and rescinded and will not take
place  until  such  time  as  the  two  years of audited financial statements of
Paradigm  are  completed.  Management expects such consolidation will take place
for  the  Form  10-QSB  for  the  second  quarter  of  2002.
       Paradigm  continues  to  operate  in a positive direction and the Company
will  periodically report on its progress.  Michael Cummings serves as President
and  Thomas  Beener  serves  as  Chairman  of  the  Board.
Management  is  exploring  the  purchase  of  check  cashing stores, purchase of
certain  complimentary  companies,  expansion  of  its  licensing  program  and
developing  an  in-house  processing  center.
Although the Company is optimistic about achieving its goals and although it has
consummated  certain  transactions  there  is  no assurance that management will
achieve  its  goals.

RESULTS  OF  OPERATIONS
REVENUE
     The  Company  reported  total  revenues of $0 from its two segments for the
three  month  ended  March 31, 2002 compared to revenues of $89 thousand for the
three  month  ended  March  31,  2001, which represents a $89 thousand decrease.
The  Company's  sales operations for its principal product, the Maxcash ABM, was
temporarily  suspended  primarily  due  to  a  legal  dispute  with its software
provider  and  the  associated financial risks to the Company represented by the
dispute.
COST  OF  SALES
     The  Company  incurred  total  costs  of revenues of $101 thousand and $436
thousand  from  its  two  segments  for the three month ended March 31, 2002 and
2001,  respectively.  The  costs  incurred  in the sale segment were $0 and $162
thousand  for  the three months ended March 31, 2002 and 2001.  This decrease is
primarily  attributable  to  a  decrease  in direct material and overhead costs.
Management  had  anticipated greater improvements in the gross margin on machine
sales.   Such  increases  did  not  materialize.
Costs  associated  with  transaction processing, included in cost of sales, were
$101  thousand  and  $274  thousand for the three month ended March 31, 2002 and
2001,  respectively, resulting in gross margins on transaction revenue of $(101)
thousand  and  $(257)  thousand,  respectively.  Processing costs included fixed
overhead  expenses  such  as  the amortization of software development costs and
depreciation.  The  decrease was due primarily to the temporary shut down of the
processing  of  the  machines.  In  addition, the company's effort to revitalize
sales  has  not  produce  any  to  date.
OPERATING  EXPENSES
     General  and  administrative  expenses for the three months ended March 31,
2002  and  2001  were  $714  thousand  and  $1.0  million, respectively. The 31%
decrease  was  due  primarily to the temporary shut down of the manufacturing of
the  machines.

     Research  and  Development  Costs for the three months ended March 31, 2002
and  2001,  respectively  of  $0  and $67 thousand, respectively, this decreased
reflects  the  Company's temporary discontinuation of it support for the Maxcash
ABM  product.
NON-OPERATING  EXPENSES
     Non-operating  expense of $1.6 million for the three months ended March 31,
2002  increased  1.1  million from 2001. Expenses incurred in 2002 included $1.5
million  on  impairment  of  goodwill.
NET  LOSS
     The  net  loss  for  the three months ended March 31, 2002 was $2.4 million
compared  to  $1.9  million  for comparative period in 2001, an increase of $481
thousand, or 25%.  Losses increased due primarily to the impairment of goodwill.

LIQUIDITY  AND  CAPITAL  RESOURCES
     Historically,  the  Company  has  financed  its  operations  through  cash
generated  from  the  sale of equity securities and debt financing. To date, the
Company  has not been able to support its operations from revenues through sales
of  products  or  services.
     At  March  31,  2002,  the  Company's had a working capital deficit of $2.0
million  compared with a working capital deficit of $1.8 million at December 31,
2001.  This  increase of $248 thousand, or 14% resulted from an increase in note
payable  to  related  party  of  $76 thousand, as well as an increase in accrued
expense $132 thousand. Stockholders' equity decreased for the three months ended
March  31,  2002 from the previous fiscal year by $1.9 million, due primarily to
the  $2.4  million  comprehensive  loss,  which  was  offset  by  increased
paid-in-capital  of  $525  thousand.
     The  Company's  officers  and directors are aware of no other threatened or
pending  litigation,  not  otherwise  discussed  in Item 3, Legal Matters, which
would  have  a  material,  adverse  effect on the Company. From time to time the
Company is a defendant (actual or threatened) in certain lawsuits encountered in
the  ordinary course of its business, the resolution of which, in the opinion of
management, should not have a material adverse effect on the Company's financial
position  results  of  operations,  or  cash  flows.
The  Company's  auditors  have  expressed  their uncertainty as to the Company's
ability  to  continue  as  a  going  concern.  They  cite  recurring losses from
operations,  the  Company's  working  capital  deficiency,  and  limited  cash
resources.
     In  order to address this uncertainty, the Company has taken steps to raise
additional  funds  to finance its operations, including the potential for making
strategic  acquisitions,  which  could  better  position the Company for growth.
     On  April 2, 2001, the Company announced that it was temporarily suspending
its check cashing operations in order to minimize its check cashing risk, reduce
operating  losses,  and  to  conserve  capital.


<PAGE>
PART  II  -  OTHER  INFORMATION
ITEM  1  -  LEGAL  MATTERS
     The  Company,  along  with  Seren  Systems  ("Seren"), its then current and
primary  software  developer  and supplier for its own ABM terminals, was in the
process  of completing development of the check cashing service interface to the
Mosaic  Software  host  system  being  implemented to support a large network of
V.com  terminals.  In  September  2000,  Seren  unilaterally  halted testing and
effectively  shutdown  any  further  check  cashing  development  for  the V.com
project.  The  parties  participating  in this project may have been financially
damaged,  related to the delay in performance by the Company and Seren. Although
the  Company  and Seren resolved the dispute between each other and entered into
settlement  agreement, none of the parties have brought suit against the Company
and/or  Seren  at  this  time. There is no assurance, however, that such suit(s)
will  not  be  brought  in  the  future.
On May 23, 2001 the Company filed a Complaint in San Diego County naming Michael
Armani  as  the  defendant.  The Complaint alleges breach of contract by Michael
Armani  in  connection with two separate stock purchase agreements.  The Company
seeks  damages in the amount of $474,595.  On August 7, 2001 the Company filed a
request  for  Entry  of Default against Mr. Armani in the amount of $474,595 and
the  court  granted entry of default.  Subsequently Mr. Armani filed a motion to
set  aside  the  entry of default and on October 26, 2001 the court granted said
motion  and the entry of default was set aside.  The court granted Mr. Armani 10
days  to  file  a  responsive  to  the  Company's  Compliant.  On April 12, 2002
pursuant  to  mediation,  Greenland  and  Mr.  Armani  entered into a settlement
agreement  whereby  Mr.  Armani agreed to make certain payments to Greenland and
each  party  dismissed  all  claims  against the other.  Mr. Armani breached the
terms  of the settlement agreement by failing to make the first cash payment and
as  a result the Company has obtained a judgment of $100,000 against Mr. Armani.
(See  "Subsequent  Events")
On  May  23, 2001 Arthur Kazarian, Trustee for the General Wood Investment Trust
(the  "Landlord")  filed  a  Complaint  in  San  Diego  County  naming Greenland
Corporation  as  a defendant.  The Complaint alleges breach of contract pursuant
to the terms of the lease agreement between the Company and the Landlord for the
real  property  located  at  1935  Avenida  Del  Oro,  Oceanside, California and
previously  occupied  by the Company.  The Complaint seeks damages in the amount
of approximately $500,000.  Although the Company remains liable for the payments
remaining  for  the  term of the lease, the Landlord has a duty to mitigate said
damages.  The  Company  recorded  a lease termination liability of $275 thousand
during  the year ended December 31, 2001.  The Company entered into a settlement
agreement  with  Landlord where by the Company agreed to pay the sum of $220,000
to  the  Landlord  in  installments payments of $20,000 in May 2002,  $50,000 in
October  2002  and  one  payment  in  December  2002  (See  "Subsequent Events")
     The  Company  entered  into  an  agreement  with  Intellicorp,  Inc.
("Intellicorp")  whereby Intellicorp agreed to invest $3,000,000 in exchange for
board seats and stock. After making the initial payment of $500,000, Intellicorp
defaulted  on  the  balance.  The  Company  is  seeking a recovery of the unpaid
$2,500,000.  The  case  is in discovery stage. The defendant's ability to pay is
unknown.  The  Company  had  issued  46,153,848  shares  of common stock for the
investment.  The  shares  were  returned  back  to  the  Company and are pending
cancellation.  These  shares  have been excluded from the issued and outstanding
shares  in  the  financial  statements.
     On  July  5,  2001  Max  Farrow,  a  formal officer of the Company, filed a
Complaint  in  San  Diego County naming Greenland Corporation, Thomas J. Beener,
Intelli-Group,  Inc.,  Intelli-Group  LLC  and Intelli-Corp, Inc. as defendants.
The  Complaint  alleges  breach  of  contract  in  connection  with Mr. Farrow's
resignation  as  an  officer  and  director of the Company in January 2001.  The
Company,  on  behalf  of Thomas Beener, entered into a settlement agreement with
Max  Farrow  whereby  Mr. Farrow and Mr. Beener agreed to release the other from
all  claims,  obligations  etc.,  in  exchange  for  the  issuance of  8 million
restricted  shares  of  Greenland  Corporation  common  stock  (See  "Subsequent
Events")

     John  Ellis  has filed a demand for arbitration in San Diego County against
the  Company  seeking  damages of approximately $70,000 for an alleged breach of
contract  action. The Company believes it has valid defenses to the allegations.
The  Company  is  presently  engaged  in  the  discovery  process.

     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.
From  time  to time the Company is a defendant (actual or threatened) in certain
lawsuits  encountered  in the ordinary course of its business, the resolution of
which,  in  the opinion of management, should not have a material adverse effect
on  the  Company's  financial  position  results  of  operations, or cash flows.

ITEM  2  -  CHANGES  IN  SECURITIES
The  Company  paid  for  services in the amount of $433 thousand by issuing 41.7
million  shares  of  its  common  stock.

The  Company  paid  for  salary in the amount of $45 thousands by issuing common
stock.

The  Company  repaid  notes  payable  to related parties of $88 thousand for the
three  months  ended  March  31,  2001  by  issuance  of  stock.

The  Company issued non-qualified options to employees and directors to purchase
5.9  million shares and recorded $92 thousand expense for the three months ended
March  31,  2001.


ITEM  3  -  DEFAULTS  ON  SENIOR  SECURITIES

None.

ITEM  4  -  SUBMISSION  OF  MATTER  TO  VOTE  OF  SECURITY  HOLDERS

None.

ITEM  5  -  OTHER  INFORMATION

None.

ITEM  6  -  EXHIBITS  AND  REPORTS  ON  FORM  8-K

(a)     Exhibits  1  -  None

(b)     Reports  on  Form  8-K

     On  March  26, 2002, the Company filed Form 8-K to report the change of its
certifying  accountant  to  Kabani  & Company, Inc. and to report stock purchase
agreement  with  Paradigm  Cabling  Systems

<PAGE>
SIGNATURES



In  accordance with 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.

<TABLE>
<CAPTION>



<S>                                  <C>


Date:  May 20, 2002 . . . . . . . .  By: /s/ Thomas J. Beener
                                     ------------------------
  Thomas J. Beener
-----------------------------------
  CEO, President



Date: May 20, 2002. . . . . . . . .  By: /s/ Gene Cross
  Gene Cross
-----------------------------------
  Chief Financial Officer, Director
  Chairman of Board Director
</TABLE>