SECURITIES AND EXCHANGE COMMISSION
                              Washington, DC 20549

                                   FORM 10-QSB

   /X/ QUARTLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
                                   ACT OF 1934
                  FOR THE QUARTERLY PERIOD ENDED JUNE 30, 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
               380,416,397 SHARES OUTSTANDING AS OF JULY 31, 2002

                       DOCUMENTS INCORPORATED BY REFERENCE

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

<PAGE>
                              GREENLAND CORPORATION
                              REPORT ON FORM 10-QSB
                           QUARTER ENDED JUNE 30, 2002
                                TABLE OF CONTENTS

Part  I          Financial  Information

Item  1          Financial  Statements  (unaudited)

                 Consolidated  balance  sheets  as  of  June  30,  2002

                 Consolidated  statements  of  operations for the three and
                 six months ended June 30,  2002  and  2001

                 Consolidated statements of cash flows for the six months ended
                 June 30, 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)
                                  JUNE 30, 2002

(in  thousands,  except  share  amounts)

                                     ASSETS
                                     ------

CURRENT  ASSETS:
                              Cash & cash equivalents     $                    1
                                               Inventory                     146
                                                             -------------------
                                                    Total current assets     147

                                             PROPERTY AND EQUIPMENT, NET     455

OTHER  ASSETS
                                                        Intangibles, net     818
                                                             Other assets     29
                                                                              --
                                                            $              1,449
                                                               =================

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

CURRENT  LIABILITIES:
                                      Accounts payable     $                 769
                                                       Accrued expense     1,097
                                                            Note payable     418
                                              Note payable-related party     150
     Current maturities of obligations under capital lease                   141
                                                               -----------------
                                             Total current liabilities     2,575

Long  term  debt
                  Obligations under capital lease less current maturities     94

COMMITMENTS

STOCKHOLDERS'  EQUITY
     Convertible  Preferred  Class  A  stock,  $.001  par  value;
        authorized  shares  10,000,  issued  and
                                                     outstanding  shares 0     -
     Common  stock,  $.001  par  value;  authorized  shares
                  500,000,000, issued and outstanding shares 309,416,397     313
                                           Additional paid in capital     29,162
                                     Subscribed shares and receivables     (726)
                                       Accumulated deficit              (29,969)
                                                               -----------------
                               Total stockholders' equity                (1,220)
                                                              ------------------

                                                            $              1,449
                                                               =================

    The accompanying notes are an integral part of these consolidated financial
                                   statements.
<PAGE>
                              GREENLAND CORPORATION
                      CONSOLIDATED STATEMENTS OF OPERATIONS
                                   (UNAUDITED)

                              THREE MONTHS ENDED                SIX MONTHS ENDED
In thousands except
per share amounts. .. .. . .
                                JUNE 30,                        JUNE 30,
                                  2002                2001       2002      2001
                                                                        --------
Net sales . . . .  $               -0-   $             100   $    -0-   $    189
                  --------------------  ------------------  ---------  ---------
Cost of goods s . .                102                  83        203        518

Gross profit (loss).              (102)                 17       (203)     (329)

General and admin expenses .       681               1,059      1,395     2,096
Research and development           -0-                  18        -0-        85
  Total operating costs .          681               1,077      1,395     2,181
                  --------------------  ------------------  ---------  ---------

Operating loss                    (783)             (1,060)    (1,598)   (2,510)

Other income (expenses):
  Loss on sale of assets            (3)               (370)        (3)     (484)
  Gain on investment disposal.     150                 -0-        150       -0-
   Impairment on goodwill.         -0-                 -0-     (1,565)      -0-
  Termination of lease cost. .     -0-                 -0-        -0-      (212)
   Warrant costs - equity investor -0-                 -0-        -0-      (138)
  Interest expense .               (35)                (38)       (72)      (54)
  Other income (expense) . . .     -0-                 -0-        -0-       (16)
    Total other income (expense)   112                (408)    (1,490)     (904)
                       ---------------   -----------------   ---------  --------

Loss before income tax and
extraordinary item                (671)             (1,468)    (3,088)   (3,414)

Provision for Income tax.          -0-                 -0-        -0-         2
Net Loss
before extraordinary item.        (671)             (1,468)    (3,088)   (3,416)
                   --------------------  ------------------  ---------  --------

Extraordinary item -
  loss on settlement of debts     (348)                -0-       (359)      -0-

  Net loss.   . .               (1,019)             (1,468)    (3,447)   (3,416)

Other comprehensive income,
  net of tax:
Unrealized loss on investments .   -0-                 -0-        -0-       (67)
Plus: reclassification adjustment
for losses included in net income  -0-                 282        -0-       382
Other comprehensive income .       -0-                 282        -0-       315
                  --------------------  ------------------  ---------   --------

Comprehensive loss. .   $      (1,019)       $      (1,186)  $ (3,447)  $(3,101)

Basic and diluted
  net loss per share.         (0.004)               (0.01)    (0.014)     (0.04)
                  ====================  ==================  =========   ========

Basic and diluted
  weighted average number of
  common stock outstanding.  279,546               97,481    243,553     85,086
                ====================   ==================  =========    ========
<PAGE>
                              GREENLAND CORPORATION
                      CONSOLIDATED STATEMENTS OF CASH FLOWS
                                   (UNAUDITED)
                  FOR THE PERIODS ENDED JUNE 30, 2002 AND 2001

(in thousands) . . . . . . . . . . . . . . . . .  .. . . . .      2002      2001
                                                              --------  --------

CASH FLOWS FROM OPERATING ACTIVITIES:
  Net loss . . . . . . . . . . . . . . . . .. . . . . .  . .  $(3,447)  $(3,416)
  Adjustments to reconcile net loss to net cash
    used in operating activities:
        Depreciation and amortiza . . . . . . . . . . .. . .      249       407
        Allowance for doubtful accounts. . .  . . . . .. . .      258       100
        Warrant cost - equity investor . . . . .  . . .  . .        -       138
       Options issued for services . . . . . . . . . .. .. .        -        92
       Loss (gain) on sale of assets & disposal of investments   (147)      484
       Impairment of goodwill. . . . . . . . . . . . .  .  .    1,565         -
       Net loss on settlement of debt. . . . . . . .  . .  .      359         -
       Stock issued for services . . . . .. . . . . . . .  .      585     1,759
       Stock issued for salaries & reimbursement .. . . .. .      156         -
       (Increase) / decrease in current assets:
          Accounts receivable. . . . . . . . . . .. . . .. .        6      (177)
          Inventory. . . . . . . . . . . . . . . .. . .  . .        -        52
          Prepaid Expense. . . . . . . . . . . .  . . .  . .       40         -
          Other asset. . . . . . . . . . . . . . . .. .  . .        4      (136)
       Increase / (decrease) in current liabilities:
          Account payable and accrued expense. . . .. .  . .      306       393
                                                              --------  --------
             Total Adjustments . . . . . . . . . .. . .  . .    3,381     3,112
                                                              --------  --------
   Net cash used in operating activities . . .  . . . .  . .      (66)     (304)

CASH FLOWS FROM INVESTING ACTIVITIES
   Purchase of software and equipment. . . . .  . . . . .. .        -       (53)
   Proceeds from sale of investments . . . . .  . . . . .. .        -       164
                                                              --------  --------
   Net cash provided by in investing activities. . .. . .. .        -       111

CASH FLOWS FROM FINANCING ACTIVITIES:
  Proceeds from the exercise of warrants & options . .   . .        -        82
  Principal payments on capital leases . . . . . . .  . .. .      (68)      (85)
  Principal payments on line of credit . . . . . . .  . .  .      (20)        -
  Proceeds from note payable-related party . . . . .. . .. .      148       128
                                                              --------  --------
  Net cash provided by financing activities. . . .. . .  . .       60       125

NET DECREASE IN CASH & CASH EQUIVALENT . . . . .. . . .  . .       (6)      (68)

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

CASH & CASH EQUIVALENT, ENDING BALANCE . . . . .  . .  . . .  $     1   $     7
                                                              ========  ========

SUPPLEMENTAL INFORMATION:
  Cash paid for interest . . . . . . . . . .. . . . .  . . .  $    17   $    24
                                                              ========  ========
  Cash paid for income tax . . . . . . . . . .. . .  . . . .  $     -   $     -
                                                              ========  ========

The  accompanying  notes  are  an  integral part of these consolidated financial
statements.

<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
six  months  period  ended  June  30, 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 $2.4 million and an accumulated deficit of $29.9 million as of
June  30,  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).

In May 2002, the Board issued SFAS No. 145, Rescission of FASB Statements No. 4,
44, and 64, Amendment of FASB Statement No. 13, and Technical Corrections ("SFAS
145").  SFAS  145  rescinds  the  automatic  treatment  of  gains or losses from
extinguishments  of  debt  as  extraordinary  unless  they meet the criteria for
extraordinary  items as outlined in 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. SFAS
145 also requires sale-leaseback accounting for certain lease modifications that
have  economic effects that are similar to sale-leaseback transactions and makes
various technical corrections to existing pronouncements. The provisions of SFAS
145 related to the rescission of FASB Statement 4 are effective for fiscal years
beginning  after  May  15,  2002,  with  early  adoption  encouraged.  All other
provisions  of  SFAS  145 are effective for transactions occurring after May 15,
2002,  with  early  adoption  encouraged.  The  Company does not anticipate that
adoption  of  SFAS  145 will have a material effect on our earnings or financial
position.

In  June  2002,  the  FASB issued SFAS No. 146 " Accounting for Costs Associated
with exit or Disposal Activities." This Statement addresses financial accounting
and  reporting  for  costs  associated  with  exit  or  disposal  activities and
nullifies  Emerging  Issues  Task  Force  (EITF)  Issue  No.  94-3,  "Liability
Recognition for Certain Employee Termination Benefits and Other Costs to Exit an
Activity  (including Certain Costs Incurred in a Restructuring)." This Statement
requires  that  a  liability  for  a  cost  associated  with an exit or disposal
activity  be  recognized  when  the  liability  is  incurred. Under Issue 94-3 a
liability for an exit cost as defined, was recognized at the date of an entity's
commitment  to  an  exit plan. This statement will not have a material impact on
the  Company's  financial  statements.

NOTE  4.       INVENTORIES

Inventories  at  June  30,  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.  The Company has
fully  reserved  against  the  receivable  given  the probability of collection.

NOTE  6.    PROPERTY  AND  EQUIPMENT

Net  property  and  equipment  at  June  30,  2002  was  as  follows:

(In thousands)

Computers and equipment . . . . . . . . . . . . . . . . . . . . . ..  $     144
Furniture & equipment under capital leases. . . . . . . . .. . . . .        537
Demonstration equipment . . . . . . . . . . . . . .  . . . . . . . .        127
Furniture and fixtures. . . . . . . . . . . . . . . . .. . . . . . .         62
Leasehold improvements. . . . . . . . . . . . . . . . .. . . . . . .        -0-
                                                                      ----------
                                                                            870

Accumulated depreciation & amortization (Including accumulated
   amortization of $181,973 on leased assets)                              (415)
                                                                      ----------

                                                                      $     455
                                                                      ==========

Depreciation  expenses,  including amortization of capital lease assets, for the
six  months  ended  June  30, 2002 and 2001 were  $80 thousand and $67 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 June 10, 2002,
this  purchase  agreement  was  rescinded  and  both parties returned the shares
received  upon purchase. The Company reversed $150,000 charged in 2001 as a gain
on  disposal  of  investment  in  the  period  ended  June  30,  2002.

NOTE  8.       INTANGIBLE  ASSETS

Intangible  assets  at  June  30,  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. . .            (870)
                                    ---------------

                                    $          818
                                    ===============
</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 period as required by SFAS 142 and is
stated  in  NOTE  2  above.

NOTE  9.       ACCRUED  EXPENSES

Accrued  expenses  at  June  30,  2002  are  as  follows:

<TABLE>
<CAPTION>
<S>                                   <C>
                                       (in thousands)

Accrued monthly expenses . . . . . .  $           442
Accrued payroll liabilities. . . . .              542
Accrued interest . . . . . . . . . .               78
Accrued warranty expense . . . . . .                5
Customer deposits. . . . . . . . . .                3
Customer prepaid communication costs               27
                                      ---------------
                                      $         1,097
                                      ===============
</TABLE>
NOTE  10.           NOTES  PAYABLE  TO  RELATED  PARTIES

Notes  payable  to  related  parties  at  June  30,  2002  were  as  follows:

                                                               (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 at various dates
through June 2003.. . . . . . . . . . . . . . . . . . . . . .             116

Notes payable to a stockholder and officer of the Company. Interest
at 8%.  Principal due at various dates through April 2003...               32
                                                              ---------------

                                                              $           150
                                                              ===============

NOTE  11.       NOTES  PAYABLE

Notes  payable  at  June  30,  2002  were  as  follows:

                                                               (in thousands)

Note payable to an unrelated party, with interest at 10%.  Due through
the payment of commissions earned through March 9, 2001. . .  $           320

Revolving Line-of-credit agreement with a commercial bank, which
allows for advances up to a maximum of $150 thousand.  The line
expires on July 17, 2003. Interest at the bank's reference rate plus
2.0% but not less than 8.5%. The line will be secured by company
assets and personally guaranteed by a director and stockholder of the
 Company.. . . . . . . . . . . . . . . . . . . . . . . . . .               98
                                                              ---------------

                                                              $           418
                                                              ===============

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's issued 60 Class A preferred stock for
acquisition  of  investment  was  returned.  (NOTE  7).

The  Company  is  authorized  to  issue  10,000  shares  of  Class B convertible
preferred  stock  with a face value and 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  June  30,  2002.

COMMON  STOCK  ISSUED  IN  EXCHANGE  FOR  SERVICES

The  Company  issued  91  million  and 19 million shares of its common stock for
services  for  the  six  months  ended June 30, 2002 and 2001, respectively. The
Company has recognized expenses for such services in the amount of $649 thousand
and  $1.8  million  in  2002  and  2001,  respectively.

The  Company issued 44 million shares of common stock for salaries totaling $156
thousand  in  the  period  ended  June  30,  2002.

During the period ended June 30, 2001, the Company issued shares in exchange for
a  note  receivable  in  the  amount of $250 thousand and acquired assets in the
amount  of  $20  thousand by issuing stock.   Also, during the period ended June
30,  2001,  the  Company repaid notes payable to related parties of $96 thousand
through  the  issuance of stock and the Company issued non-qualified options and
warrants  to  employees  and  directors  to  purchase  5.9 million shares with a
weighted  average strike price of $.12 and recorded a $92 thousand expense.  The
Company  issued  5.4  million warrants to an equity investor and recorded a $138
thousand  other  expense  in  the  period  ended  June  30,  2001.

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 $649 thousand and $1.8 million
for  the  six  months ended June 30, 2002 and 2001, respectively, by issuing its
common  stock.

The  Company repaid notes payable to related parties of $96 thousand for the six
months  ended  June  30,  2001  by  issuance  of  stock.

The  Company  paid for salary in the amount of $156 thousands for the six months
ended  June  30,  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 six months ended
June  30,  2001.

The  Company issued 5.4 million warrants to an equity investor and recorded $138
thousand  as  other  expense  for  the  six  month  ended  June  30,  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 six
month  ended  June  30,  2002  (in  thousands):

                      Sales Segment   Processing Segment    Unallocated    Total
                   --------------  --------------------  -------------  --------

Revenue. . . .  .  $          -0-  $               -0-   $        -0-   $   -0-
Gross margin. . .             -0-                 (203)           -0-      (203)
Depreciation and amortization.-0-                  203             47       250
Interest expense .            -0-                  -0-             72        72
Other, net .  . .             -0-                  -0-         (2,813)   (2,813)
Loss from continuing operations
  beforeincome taxes.         -0-                 (203)        (2,885)   (3,088)

Identifiable assets.          146                  818            485     1,449
Capital expenditures          -0-                  -0-            -0-       -0-

The  following  is information for the Company's reportable segments for the six
month  ended  June  30,  2001(in  thousands):

                      Sales Segment   Processing Segment    Unallocated    Total
                   --------------  --------------------  -------------  --------

Revenue . . . . .  $          173  $                16   $        -0-   $   189
Gross margin. . .              25                 (354)           -0-      (329)
Depreciation and amortization   7                  204            196       407
Interest expense.             -0-                  -0-             54        54
Other, net. . . .             -0-                  -0-         (3,031)   (3,031)
Loss from continuing operations
   before income taxes.        25                 (354)        (3,085)   (3,414)

Identifiable assets           287                2,807            980     4,074
Capital expenditures.         -0-                  -0-             53        53

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
shut  down  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 Company and Mr. Armani
participated  in  mediation  and as a result entered into a settlement agreement
whereby  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.

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  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  approximately  $275,000.  The  Company  was  unable  to  make  the
scheduled  payments and as a result, on July 8, 2002, the Landlord has entered a
judgment  lien  against  the  Company  in  the  amount  of  $279,654.

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 and a, February 2003, trial date has been set by the
court.   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  were  cancelled.

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  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.  The action against the Company is in the
discovery  process  and  has  been  consolidated with the Company's legal action
against  Intellicorp  and a, February 2003, trial date has been set by the court
(see  above).  The  Company  believes  that  it  has   a  valid  defense  to the
allegations  of  Mr.  Farrow.

Fund Recovery, a temporary staffing services filed a complaint against Greenland
Corporation  alleging breach of contract.  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.

NKS  Enterprises, Inc. commenced a legal action against the Company in San Diego
Superior  Court  in  Vista  California  seeking  damages  in connection with the
purchase and operation of a MaxCash ABM.   The case is in the discovery process.

There  are  several vendors and/or trade creditors the Company owes money to and
that  have  threatened  litigation.  The Company continues to attempt to resolve
these  matters but due to the lack of cash and foreseeable income the Company is
not optimistic that arrangements can be made. These potential actions may, alone
or  together,  have  a  material  adverse  impact  on  the Company' s ability to
operate.

NOTE  16     SUBSEQUENT  EVENTS

Subsequent  to  June  30,  2002,  the Company issued 71,000,000 shares of common
stock  for  compensation  and  services  amounting  $71,000.

On  August  9,  2002,  the  Company signed an agreement to sell 60% of its total
issued  and outstanding shares of common stock on closing subject to approval by
the Company's shareholders and after completion of a reverse split of its common
stock  at  a  ratio  of  1:50,  to Imaging Technologies Corporation (ITEC).  The
purchase  price of $2,250,000 for the initial shares will be paid in the form of
a  promissory  note  receivable, due two years from closing and convertible into
ITEC common stock at the average closing prices for ten trading days immediately
preceding  the date of conversion.   Additionally, ITEC will receive warrants at
an  exercise  price of $.0008 per share, that are exercisable in stages when PEO
contracts  reach specified levels.   In the event PEO contracts reach a level of
$48 million annually, all warrants will have vested and can be exercised into an
additional  cumulative  30%  ownership  of  the issued and outstanding shares of
Greenland.  Under the agreement, the closing shall occur no later than September
13,  2002  subject  to  approval of the transaction by the Board of directors of
both companies, approval of shareholders of the Company and due diligence review
by  ITEC.

ITEC  was  founded in 1982.  Headquartered in San Diego, California, the Company
produces  and  distributes  imaging  products  for  diverse market segments; and
provides  a  variety  of  professional  services  related  to human resources to
businesses.
ITEC's  subsidiaries,  SourceOne  and  EnStructure  are  professional  employer
organizations  that  provide a variety of personnel and human resources services
to  small  and  medium-sized  businesses.
ITEC's  office  products and systems operations integrate a variety of products,
including  printers, plotters, copiers, and software, into a seamless, networked
solution  for  clients  who  are  generally  small  to  medium sized businesses.
Hardware,  software,  supplies,  and  service  are bundled together as a systems
solution.

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  June  30,  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.

     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.   At the time of said amendment management anticipated
that  such  consolidation  will  take  place  for the Form 10-QSB for the second
quarter  of  2002.

       In  June  2002  the  Company  engaged  in  conversations  with  Paradigms
President,  Mike  Cummings,  and  was  informed  that  Paradigm was experiencing
financial  difficulties  and as a result of the Company's ownership and control,
Paradigm  was unable to obtain needed financing and faced the prospect of losing
key  customers.  In addition, due to the Company's extremely low stock price and
its  lack  of cash and operating revenues, it appeared unlikely it would be able
to  meet  its financial commitments to Paradigm.    Accordingly, the Company and
Paradigm agreed to rescind the stock purchase and release the other from any and
all  claims  and  liabilities.

Notwithstanding  the  above, the rescission agreement will not take effect until
certain  indebtedness  of  Paradigm  is  paid  to  a  third  party.

In  June  2002,  the Company agreed to rescind the purchase of 100,000 shares of
ZZYZX  Peripherals, Inc ("ZZYZX").   The Company and ZZYZX both agreed it was in
the  best  interest  of  both companies to rescind the transaction.  This action
relieved  the  Company from its obligation to register the Convertible Preferred
Shares  given  as  consideration  to the ZZYZX shareholders and allowed ZZYZX to
explore certain business and/or acquisition opportunities.  Registration of said
Convertible  Preferred  Shares  would  have  enabled  the  ZZYZX shareholders to
convert said shares into $600,000 of shares of the Company's common stock and at
current  prices  said  conversion  was  impracticable.

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. However, managements efforts have been
greatly  restricted  by  the  Company's  lack  of  cash, lack of revenue stream,
extremely  low  stock  price  and  over  all  market  conditions.

During  the  second  quarter  of  2002,  Management  has  engaged  in  serious
negotiations  with  certain  parties  to assist in a work out with creditors and
subsequent  acquisition  of  their  check cashing operations but at this time no
arrangement  has been reached.  In addition, management has continued to explore
licensing  opportunities  for its check cashing technology.  Also the Company is
engaged  in  discussions  with  other  companies  that may offer services and/or
technology  in areas unrelated to the Companies check cashing that would provide
a  revenue  stream  and  source  of  income  to  the  Company.

RESULTS  OF  OPERATIONS

REVENUE

              The  Company  reported  total revenues of $0 from its two segments
for the six  month ended June 30, 2002 compared to revenues of $189 thousand for
the  six  month  ended  June  30, 2001, which represents $189 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 $203 thousand and $518
thousand  from  its two segments for the six month ended June 30, 2002 and 2001,
respectively.  Costs  associated with transaction processing, were $203 and $370
thousand for the six month ended June 30, 2002 and 2001, respectively, resulting
in  gross  margins  on  transaction  revenue  of  $(0)  and  $(354)  thousand,
respectively.    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.

The  costs  incurred  in  the sale segment were $0 and $198 thousand for the six
month  ended June 30, 2002 and 2001.  This decrease is primarily attributable to
a  decrease  in direct material and overhead costs.  Manufacturing costs include
fixed  overhead  expenses.  The gross margins on machine sales for the six month
ended  June  30,  2002  and  2001  were  $0  and  $25 thousand.   Management had
anticipated  greater  improvements  in  the  gross  margin on machine sales as a
result  of  sales  volume  increasing  to  a level sufficient to absorb overhead
costs.   Such  increases  did  not  materialize.

OPERATING  EXPENSES

     General  and administrative expenses for the six months ended June 30, 2002
and  2001 were $1.4 million and $2.1 million, respectively. The 33% decrease was
due  primarily  to the temporary shut down of the manufacturing of the machines.

Research  and Development Costs for the six months ended June 30, 2002 and 2001,
respectively  of  $0 and $85 thousand, respectively, this decreased reflects the
Company's  temporary  discontinuation of it support for the Maxcash ABM product.

OTHER  EXPENSE

     Net  other  expenses of $1.5 million for the six months ended June 30, 2002
increased  586  thousands  from  2001.  Expenses  incurred in 2002 included $1.5
million  on  impairment  of  goodwill.

NET  LOSS

     The  net  loss  for  the  six  months  ended June 30, 2002 was $3.4 million
compared  to  $3.4  million  for  comparative period in 2001, an increase of $31
thousand,  or 1%.  Losses increased due to primarily 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  June  30,  2002,  the  Company's  had a working capital deficit of $2.4
million  compared with a working capital deficit of $1.8 million at December 31,
2001.  This  increase of $658 thousand, or 37% resulted from an increase in note
payable  to  related  party  of  $61 thousand, as well as an increase in accrued
expense  $218  thousand. Stockholders' equity decreased for the six months ended
June  30,  2002  from the previous fiscal year by $2.9 million, due primarily to
the  $3.4  million  comprehensive  loss,  which  was  offset  by  increased
paid-in-capital  of  $26  thousand.

     The  Company's  officers  and directors are aware of no other threatened or
pending  litigation,  not  otherwise  discussed  in Item 1, 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.

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  shut  down  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 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.

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.   In the event Greenland defaults
in  any  or  all  scheduled  payments,  the Landlord is entitled to a stipulated
judgment  of  approximately  $275,000.   The  Company  was  unable  to  make the
scheduled  payments and as a result, on July 8, 2002, the Landlord has entered a
judgment  lien  against  the  Company  in  the  amount  of  $279,654.

     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 and a, February 2003, trial
date  has been set by the court.  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  were  cancelled.

     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  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.  The action against the Company is in the
discovery  process  and  has  been  consolidated with the Company's legal action
against  Intellicorp  and a, February 2003, trial date has been set by the court
(see  above).  The  Company  believes  that  it  has   a  valid  defense  to the
allegations  of  Mr.  Farrow.

     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.

     NKS  Enterprises,  Inc.  commenced  a  legal action against the
Company  in  San  Diego  Superior  Court  in Vista California seeking damages in
connection with the purchase and operation of a MaxCash ABM.  The case is in the
discovery  process.

     There  are several vendors and/or trade creditors the Company owes
money  to  and that have threatened litigation. The Company continues to attempt
to  resolve these matters but due to the lack of cash and foreseeable income the
Company  is  not  optimistic  that  arrangements  can be made. These potentional
actions may, alone or together, have a material adverse impact on the Company' s
ability  to  operate.

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 $649 thousand by issuing 91
million  shares  of  its  common  stock.

The  Company  paid  for salary in the amount of $156 thousands by issuing common
stock.

The  Company repaid notes payable to related parties of $96 thousand for the six
month  ended  June  30,  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 six month ended
June  30,  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

        10(a)     Recission  of  Agreement  and  Plan  of Share Exhange by and
among  the  Company  and  certain  shareholders  of  Zzyzx, dated June 30, 2002.

        10(b)     Recission  of  Stock Purchase Agreement between the Company,
W3M,  Inc.  d/b/a/  Paradigm  Cabling  Systems, and the shareholders of Paradigm
Cabling  Systems,  dated  June  30,  200.

(b)     Reports  on  Form  8-K

        None

<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.


Date:  August  14, 2002 . . . . . .

By: /s/ Thomas J. Beener
------------------------
CEO, President



Date: August 14, 2002 . . . . . . .
By: /s/ Gene Cross
  Chief Financial Officer, Director
  Chairman of Board Director

<PAGE>