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                                  EXHIBIT 10.3

                              GREENLAND CORPORATION
                       1999 STOCK OPTION PLAN - AS AMENDED

1. PURPOSE. This Stock Option Plan (the "Plan") is intended to serve as an
incentive to, and to encourage stock ownership by, certain eligible participants
rendering services to Greenland Corporation, a Nevada corporation (the
"Corporation") and certain affiliates as set forth below, so that they may
acquire or increase their proprietary interest in the Corporation.

2. ADMINISTRATION.

2.1 COMMITTEE. The Plan shall be administered by the Board of Directors of the
Corporation (the "Board of Directors") or a committee of a minimum of two or
more members appointed by the Board of Directors (the "Committee"). The
composition of the Committee shall satisfy such requirements as the Securities
and Exchange Commission may establish for administrators acting under plans
intended to qualify for exemption under Rule 16b-3 or its successor under the
Securities and Exchange Act of 1933. The Committee shall select one of its
members as Chairman and shall appoint a Secretary, who need not be a member of
the Committee. The Committee shall hold meetings at such times and places as it
may determine and minutes of such meetings shall be recorded. Acts by a majority
of the Committee in a meeting at which a quorum is present and acts approved in
writing by a majority of the members of the Committee shall be valid acts of the
Committee. No member of the Committee shall vote on any matter concerning his or
her own participation in the Plan.

2.2 TERM. If the Board of Directors selects a Committee, the members of the
Committee shall serve on the Committee for the period of time determined by the
Board of Directors and shall be subject to removal by the Board of Directors at
any time. The Board of Directors may terminate the function of the Committee at
any time and resume all powers and authority previously delegated to the
Committee.

2.3 AUTHORITY. The Committee shall have sole discretion and authority to grant
options under the Plan to eligible participants rendering services to the
Corporation or any "parent" or "subsidiary" of the Corporation ("Parent or
Subsidiary"), as defined in Section 424 of the Internal Revenue Code of 1986, as
amended (the "Code"), at such times, under such terms and in such amounts as it
may decide. Subject to the express provisions of the Plan, the Committee shall
have complete authority to interpret the Plan, to prescribe, amend and rescind
the rules and regulations relating to the Plan, to determine the details and
provisions of any Stock Option Agreement (as defined below), to accelerate any
options granted under the Plan and to make all other determinations necessary or
advisable for the administration of the Plan.

2.4 TYPE OF OPTION. The Committee shall have full authority and discretion to
determine, and shall specify in the Stock Option Agreements (as defined below),
whether the eligible individual will be granted options intended to qualify as
incentive options under Section 422 of the Code ("Incentive Options") or options
which are not intended to qualify under Section 422 of the Code ("Non-Qualified
Options"); provided, however, that Incentive Options shall only be granted to
employees of the Corporation, or a Parent or Subsidiary thereof, and shall be
subject to the special limitations set forth herein attributable to Incentive
Options.

2.5 INTERPRETATION. The interpretation and construction by the Committee of any
provisions of the Plan or of any option granted under the Plan shall be final
and binding on all parties having an interest in this Plan or any option granted
hereunder. No member of the Board or Directors or the Committee shall be liable
for any action or determination made in good faith with respect to the Plan or
any option granted under the Plan.

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3. ELIGIBILITY.

3.1 GENERAL. All directors, officers, employees of and certain persons rendering
services to the Corporation, or any Parent or Subsidiary, relative to the
Corporation's, or any Parent's or Subsidiaries', management, operation or
development shall be eligible to receive options under the Plan. The selection
of recipients of options shall be within the sole and absolute discretion of the
Committee. No person shall be granted an option under this Plan unless such
person has executed the grant representation letter set forth on Exhibit "A," as
such Exhibit may be amended by the Committee from time to time and no person
shall be granted an Incentive Option under this Plan unless such person is an
employee of the Corporation, or a Parent or Subsidiary, on the date of grant.

3.2 TERMINATION OF ELIGIBILITY.

3.2.1 If an optionee ceases to be employed by the Corporation, or its Parent or
Subsidiary, is no longer an officer or member of the Board of Directors of the
Corporation or no longer performs services for the Corporation, or its Parent or
Subsidiary for any reason (other than for "cause," as hereinafter defined, or
such optionee's death), any option granted hereunder to such optionee shall
expire on the 90th day after the occurrence giving rise to such termination of
eligibility (or 1 year in the event an optionee is "disabled," as defined in
Section 22(e)(3) of the Code) or upon the date it expires by its terms,
whichever is earlier. Any option that has not vested in the optionee as of the
date of such termination shall immediately expire and shall be null and void.
The Committee shall, in its sole and absolute discretion, decide whether an
authorized leave of absence or absence for military or governmental service, or
absence for any other reason, shall constitute termination of eligibility for
purposes of this Section.

3.2.2 If an optionee ceases to be employed by the Corporation, or its Parent or
Subsidiary, is no longer an officer or member of the Board of Directors of the
Corporation, or no longer performs services for the Corporation, or its Parent
or Subsidiary and such termination is as a result of "cause," as hereinafter
defined, then all options granted hereunder to such optionee shall expire on the
date of the occurrence giving rise to such termination of eligibility or upon
the date it expires by its terms, whichever is earlier, and such optionee shall
have no rights with respect to any unexercised options. For purposes of this
Plan, "cause" shall mean an optionee's personal dishonesty, misconduct, breach
of fiduciary duty, incompetence, intentional failure to perform stated
obligations, willful violation of any law, rule, regulation or final cease and
desist order, or any material breach of any provision of this Plan, any Stock
Option Agreement or any employment agreement.

3.3 DEATH OF OPTIONEE AND TRANSFER OF OPTION. In the event an optionee shall
die, an option may be exercised (subject to the condition that no option shall
be exercisable after its expiration and only to the extent that the optionee's
right to exercise such option had accrued at the time of the optionee's death)
at any time within one year after the optionee's death by the executors or
administrators of the optionee or by any person or persons who shall have
acquired the option directly from the optionee by bequest or inheritance. Any
option that has not vested in the optionee as of the date of death or
termination of employment, whichever is earlier, shall immediately expire and
shall be null and void. No option shall be transferable by the optionee other
than by will or the laws of interstate succession.

3.4 LIMITATION ON OPTIONS. No person shall be granted any Incentive Option to
the extent that the aggregate fair market value of the Stock (as defined below)
to which such options are exercisable for the first time by the optionee during
any calendar year (under all plans of the Corporation as determined under
Section 422(d) of the Code) exceeds $100,000.

4. IDENTIFICATION OF STOCK. The Stock, as defined herein, subject to the options
shall be shares of the Corporation's authorized but unissued or acquired or
reacquired common stock (the "Stock"). The aggregate number of shares subject to
outstanding options shall not exceed One Hundred Million (100,000,000) shares of
Stock (subject to adjustment as provided in Section 6). If any option granted
hereunder shall expire or terminate for any reason without having been exercised
in full, the unpurchased shares subject thereto shall again be available for
purposes of this Plan.

5. TERMS AND CONDITIONS OF OPTIONS. Any option granted pursuant to the Plan
shall be evidenced by an agreement ("Stock Option Agreement") in such form as
the Committee shall from time to time determine, which agreement shall comply
with and be subject to the following terms and conditions:

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5.1 NUMBER OF SHARES. Each option shall state the number of shares of Stock to
which it pertains.

5.2 OPTION EXERCISE PRICE. Each option shall state the option exercise price,
which shall be determined by the Committee; provided, however, that (I) the
exercise price of any Incentive Option shall not be less than the fair market
value of the Stock, as determined by the Committee, on the date of grant of such
option, (ii) the exercise price of any Incentive Option granted to an employee
who owns more than 10% of the total combined voting power of all classes of the
Corporation's stock, as determined for purposes of Section 422 of the Code,
shall not be less than 110% of the fair market value of the Stock, as determined
by the Committee, on the date of grant of such option, and (iii) the exercise
price of any Non-Qualified Option shall not be less than the price as determined
by the Committee on the date of grant of such option.

5.3 TERM OF OPTION. The term of an option granted hereunder shall be determined
by the Committee at the time of grant, but shall not exceed ten years from the
date of the grant. The term of any Incentive Option granted to an employee who
owns more than 10% of the total combined voting power of all classes of the
Corporation's stock, as determined for purposes of Section 422 of the Code,
shall in no event exceed five years from the date of grant. All options shall be
subject to early termination as set forth in this Plan. In no event shall any
option be exercisable after the expiration of its term.

5.4 METHOD OF EXERCISE. An option shall be exercised by written notice to the
Corporation by the optionee (or successor in the event of death) and execution
by the optionee of a Notice of Exercise in the form set forth on Exhibit "B," as
such Exhibit may be amended by the Committee from time to time. Such written
notice shall state the number of shares with respect to which the option is
being exercised and designate a time, during normal business hours of the
Corporation, for the delivery thereof ("Exercise Date"), which time shall be at
least 5 days after the giving of such notice unless an earlier date shall have
been mutually agreed. After the time specified in the written notice the
Corporation shall deliver to the optionee at the principal office of the
Corporation, or such other appropriate place as may be determined by the
Committee, a certificate or certificates for such shares. Until the Stock is
issued (as evidenced by the appropriate entry on the books of the Corporation or
a duly authorized transfer agent for the Corporation), no right to vote or
receive dividends or any other rights as a shareholder shall exist with respect
to the Stock subject to the option, notwithstanding the exercise of the option.
Notwithstanding the foregoing, the Corporation may postpone delivery of any
certificates after notice of exercise for such reasonable period as may be
required to comply with any applicable listing requirements of any securities
exchange. In the event an option shall be exercisable by any person other than
the optionee, the required notice under this Section shall be accompanied by
appropriate proof of the right of such person to exercise the option.

5.5 MEDIUM AND TIME OF PAYMENT. The option exercise price shall be payable in
full on or before the option Exercise Date in any one of the following
alternative forms:

5.5.1 Full payment in cash or certified bank or cashier's check;

5.5.2 A Promissory Note (as defined below);

5.5.3 Full payment in shares of Stock or other securities of the Corporation
having a fair market value on the Exercise Date in the amount equal to the
option exercise price;

5.5.4. Instead of exercising the option by paying the exercise price in cash,
check or other appropriate consideration, the optionee may elect to exercise the
option in whole or in part by receiving Stock equal to the value (as determined
below) of the option, or any part hereof, upon surrender of the option at the
principal office of the Corporation together with the Notice of Exercise annexed
to the Stock Option Agreement in which event the Corporation shall issue the
optionee a number of shares of Stock computed using the following formula:

                                    X=Y(A-B)
                                      ------
                                        A

Where X = the number of shares of Stock to be issued to the holder;

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Y= the number of shares of Stock underlying the option to be exercised;

A= the current fair market value on one share of Stock; and

B= the exercise price of the option.

5.5.5 All or any part of the exercise price may be paid by delivery on a form
prescribed by the Corporation, of an irrevocable direction to pledge all or part
of the Stock being purchased under the Plan to a securities broker or lender
approved by the Corporation, as security for a loan, and to deliver all or part
of the loan proceeds to the Corporation.

5.5.6 A combination of the consideration set forth in Sections 5.5.1, 5.5.2,
5.5.3, 5.5.4 and 5.5.5 equal to the option exercise price; or

5.5.7 Any other method of payment complying with the provisions of Section 422
of the Code with respect to Incentive Options, provided the terms of payment are
established by the Committee at the time of grant, and any other method of
payment established by the Committee with respect to Non-Qualified Options.

5.6 FAIR MARKET VALUE. The fair market value of a share of Stock or other
security of the Corporation on any relevant date shall be determined in
accordance with the following provisions:

5.6.1 If the Stock or other security of the Corporation at the time is neither
listed nor admitted to trading on any stock exchange nor traded in the
over-the-counter market, then the fair market value shall be determined by the
Committee after taking into account such factors as the Committee shall deem
appropriate.

5.6.2 If the Stock or other security of the Corporation is not at the time
listed or admitted to trading on any stock exchange but is traded in the
over-the-counter market, the fair market value shall be the mean between the
highest bid and lowest asked prices (or, if such information is available, the
closing selling price) of one share of Stock or other security of the
Corporation on the date in question in the over-the-counter market, as such
prices are reported by the National Association of Securities Dealers through
its NASDAQ system or any successor system. If there are no reported bid and
asked prices (or closing selling price) for the Stock or other security of the
Corporation on the date in question, then the mean between the highest bid price
and lowest asked price (or the closing selling price) on the last preceding date
for which such quotations exist shall be determinative of fair market value.

5.6.3 If the Stock or other security of the Corporation is at the time listed or
admitted to trading on any stock exchange, then the fair market value shall be
the closing selling price of one share of Stock or other security of the
Corporation on the date in question on the stock exchange determined by the
Committee to be the primary market for the Stock or other security of the
Corporation, as such price is officially quoted in the composite tape of
transactions on such exchange. If there is no reported sale of Stock or other
security of the Corporation on such exchange on the date in question, then the
fair market value shall be the closing selling price on the exchange on the last
preceding date for which such quotation exists.

5.7 PROMISSORY NOTE. Subject to the requirements of applicable state or Federal
law or margin requirements, payment of all or part of the purchase price of the
Stock may be made by delivery of a full recourse promissory note ("Promissory
Note"). The Promissory Note shall be executed by the optionee, made payable to
the Corporation and bear interest at such rate as the Committee shall determine,
but in no case less than the minimum rate which will not cause under the Code
(i) interest to be inputed, (ii) original issue discount to exist, or (iii) any
other similar results to occur. Unless otherwise determined by the Committee,
interest on the Note shall be payable in quarterly installments on March 31,
June 30, September 30 and December 31 of each year. A Promissory Note shall
contain such other terms and conditions as may be determined by the Committee;
provided, however, that the full principal amount of the Promissory Note and all
unpaid interest accrued thereon shall be due not later than five years from the
date of exercise. The Corporation may obtain from the optionee a security
interest in all shares of Stock issued to the optionee under the Plan for the
purpose of securing payment under the Promissory Note and shall retain
possession of the stock certificates representing such shares in order to
perfect its security interest.

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5.8 RIGHTS OF A SHAREHOLDER. An optionee or successor shall have no rights as a
shareholder with respect to any Stock underlying any option until the date of
the issuance to such optionee of a certificate for such Stock. No adjustment
shall be made for dividends (ordinary or extraordinary, whether in stock,
securities or other property) or distributions or other rights for which the
record date is prior to the date such Stock Certificate is issued, except as
provided in Section 6.

5.9 MODIFICATION, EXTENSION AND RENEWAL OF OPTIONS. Subject to the terms and
conditions of the Plan, the Committee may modify, extend or renew outstanding
options granted under the Plan, or accept the surrender of outstanding options
(to the extent not exercised) and authorize the granting of new options in
substitution therefor.

5.10 OTHER PROVISIONS. The Stock Option Agreements shall contain such other
provisions, including without limitation, restrictions or conditions upon the
exercise of options, as the Committee shall deem advisable.

5.11 DATES OF EXERCISE AND VESTING. An option granted hereunder may not be
exercised in whole or in part at any time prior to the time the Plan is approved
by the Corporation's share holders in accordance with Section 14 herein.

6. ADJUSTMENTS UPON CHANGES IN CAPITALIZATION.

6.1 SUBDIVISION OR CONSOLIDATION. Subject to any required action by shareholders
of the Corporation, the number of shares of Stock covered by each outstanding
option, and the exercise price thereof, shall be proportionately adjusted for
any increase or decrease in the number of issued shares of Stock of the
Corporation resulting from a subdivision or consolidation of shares or the
payment of a stock dividend (but only on the Stock) or any other increase or
decrease in the number of such shares effected without receipt of consideration
by the Corporation. Any fraction of a share subject to option that would
otherwise result from an adjustment pursuant to this Section shall be rounded
downward to the next full number of shares without other compensation or
consideration to the holder of such option.

6.2 CAPITAL TRANSACTIONS. Upon a sale or exchange of all or substantially all of
the assets of the Corporation, a merger or consolidation in which the
Corporation is not the surviving corporation, a merger, reorganization or
consolidation in which the Corporation is the surviving corporation and
shareholders of the Corporation exchange their stock for securities or property,
a liquidation of the Corporation or similar transaction ("Capital Transaction"),
this Plan and each option issued under this Plan, whether vested or unvested,
shall terminate, unless such options are assumed by a successor corporation in a
merger or consolidation, immediately prior to such Capital Transaction;
provided, however, that unless the outstanding options are assumed by a
successor corporation in a merger or consolidation, subject to terms approved by
the Committee all optionees will have the right to exercise all vested options
prior to the Capital Transaction. Notwithstanding the foregoing, in the event
there is a merger or consolidation where the Corporation is not the surviving
corporation, all options granted under this Plan shall vest 30 days prior to
such merger or consolidation unless such options are assumed by the successor
corporation in such merger or consolidation. The Committee may (but shall not be
obligated to) (i) accelerate the vesting of any option or (ii) apply the
foregoing provisions, including but not limited to termination of this Plan and
any options granted pursuant to the Plan, in the event there is a sale of 50% or
more of the stock of the Corporation in any two-year period or a transaction
similar to a Capital Transaction.

6.3 ADJUSTMENTS. To the extent that the foregoing adjustments relate to stock or
securities of the Corporation, such adjustments shall be made by the Committee,
whose determination in that respect shall be final, binding and conclusive.

6.4 ABILITY TO ADJUST. The grant of an option pursuant to the Plan shall not
affect in any way the right or power of the Corporation to make adjustments,
reclassifications, reorganizations or changes of its capital or business
structure or to merge, consolidate, dissolve, liquidate, sell or transfer all or
any part of its business or assets.

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6.5 LIMITATION ON ADJUSTMENTS. Any adjustment, assumption or substitution of an
Incentive Option shall comply with Section 425 of the Code, if applicable.

7. NONASSIGNABILITY. Options granted under this Plan may not be sold, pledged,
assigned or transferred in any manner other than by will or by the laws of
interstate succession, and may be exercised during the lifetime of an optionee
only by such optionee, except to the extent permitted by applicable securities
laws and pursuant to applicable provisions of the Code. Any transfer by the
optionee of any option granted under this Plan in violation of this Section
shall void such option and any Stock Option Agreement entered into by the
optionee and the Corporation regarding such transferred option shall be void and
have no further force or effect. No option shall be pledged or hypothecated in
any way, nor shall any option be subject to execution, attachment or similar
process.

8. NO RIGHT OF EMPLOYMENT. Neither the grant nor exercise of any option nor
anything in this Plan shall impose upon the Corporation or any other corporation
any obligation to employ or continue to employ any optionee. The right of the
Corporation and any other corporation to terminate any employee or consultant
shall not be diminished or affected because an option has been granted to such
employee or consultant.

9. TERM OF PLAN. This Plan is effective on the date the Plan is adopted by the
Board of Directors and options may be granted pursuant to the Plan from time to
time within a period of ten (10) years from such date, or the date of any
required shareholder approval required under the Plan, if earlier. Termination
of the Plan shall not affect any option theretofore granted.

10. AMENDMENT OF THE PLAN. The Board of Directors of the Corporation may,
subject to any required shareholder approval, suspend, discontinue or terminate
the Plan, or revise or amend it in any respect whatsoever with respect to any
shares of Stock at that time not subject to options.

11. APPLICATION OF FUNDS. The proceeds received by the Corporation from the sale
of Stock pursuant to options may be used for general corporate purposes.

12. RESERVATION OF SHARES. The Corporation, during the term of this Plan, shall
at all times reserve and keep available such number of shares of Stock as shall
be sufficient to satisfy the requirements of the Plan.

13. NO OBLIGATION TO EXERCISE OPTION. The granting of an option shall not impose
any obligation upon the optionee to exercise such option.

14. APPROVAL OF BOARD OF DIRECTORS AND SHAREHOLDERS. The Plan shall not take
effect until approved by the Board of Directors of the Corporation. This Plan
shall be approved by a vote of the shareholders within 12 months from the date
of approval by the Board of Directors. No option may be exercisable prior to the
time the Plan is approved by the shareholders. In the event such shareholder
vote is not obtained, all options granted hereunder, whether vested or unvested,
shall be treated as non-qualified options, and no incentive stock options shall
be granted after such date.

15. WITHHOLDING TAXES. Notwithstanding anything else to the contrary in this
Plan or any Stock Option Agreement, the exercise of any option shall be
conditioned upon payment by such optionee in cash, or other provisions
satisfactory to the Committee, including shares of Stock, of all local, state,
federal or other withholding taxes applicable, in the Committee's judgment, to
the exercise or to later disposition of shares acquired upon exercise of an
option.

16. PARACHUTE PAYMENTS. Any outstanding option under the Plan may not be
accelerated to the extent any such acceleration of such option would, when added
to the present value of other payments in the nature of compensation which
becomes due and payable to the optionee would result in the payment to such
optionee of an excess parachute payment under Section 280G of the Code. The
existence of any such excess parachute payment shall be determined in the sole
and absolute discretion of the Committee.

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17. SECURITIES LAWS COMPLIANCE. Notwithstanding anything contained herein, the
Corporation shall not be obligated to grant any option under this Plan or to
sell, issue or effect any transfer of any Stock unless such grant, sale,
issuance or transfer is at such time effectively (i) registered or exempt from
registration under the Act and (ii) qualified or exempt from qualification under
the California Corporate Securities Law of 1968 and any other applicable state
securities laws. As a condition to exercise of any option, each optionee shall
make such representations as may be deemed appropriate by counsel to the
Corporation for the Corporation to use any available exemption from registration
under the Act or any applicable state securities law.

18. RESTRICTIVE LEGENDS. The certificates representing the Stock issued upon
exercise of options granted pursuant to this Plan will bear the following
legends giving notice of restrictions on transfer under the Act and this Plan,
as follows:

                  (a)      THE SHARES REPRESENTED BY THIS CERTIFICATE HAVE BEEN
                           ISSUED OR TRANSFERRED IN A TRANSACTION WHICH WAS NOT
                           REGISTERED UNDER THE SECURITIES ACT OF 1933, AS
                           AMENDED, IN RELIANCE UPON AN EXEMPTION AFFORDED BY
                           SUCH ACT. NO SALE OR TRANSFER OF THESE SHARES SHALL
                           BE VALID, AND THE ISSUER SHALL NOT BE REQUIRED TO
                           GIVE ANY EFFECT TO ANY SUCH TRANSACTION UNLESS (A)
                           SUCH TRANSACTION SHALL HAVE BEEN DULY REGISTERED
                           UNDER THE ACT OR (B) THE ISSUER SHALL HAVE FIRST
                           RECEIVED AN OPINION OF COUNSEL SATISFACTORY TO IT
                           THAT SUCH REGISTRATION IS NOT REQUIRED.

                  (b)      SALE, TRANSFER, HYPOTHECATION OR ENCUMBRANCE OF THE
                           SHARES REPRESENTED BY THIS CERTIFICATE IS RESTRICTED
                           BY THE PROVISIONS OF A STOCK OPTION AGREEMENT DATED
                           ______________________AND A STOCK OPTION PLAN DATED
                           ______________, 1999, A COPY OF WHICH MAY BE
                           INSPECTED AT THE CORPORATION'S PRINCIPAL OFFICE.

                  (c)      Any other legends required by applicable state
                           securities laws as determined by the Committee.

19. NOTICES. Any notice to be given under the terms of the Plan shall be
addressed to the Corporation in care of its Secretary at its principal office,
and any notice to be given to an optionee shall be addressed to such optionee at
the address maintained by the Corporation for such person or at such other
address as the optionee may specify in writing to the Corporation.

20. INFORMATION. The Corporation shall provide all optionees financial
statements at least annually.

As adopted by the Board of Directors as of January 1, 1999; and amended by the
Board of Directors as of August 23, 2001.

Greenland Corporation,
a Nevada corporation



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