GREENLAND CORPORATION is a full reporting OTC:BB with a trading symbol of GLCP. It is engaged in the business of acquiring and developing proprietary technologies for high demand industries. Greenland and its subsidiary corporation, Check Central, are completing the development of new financial services technologies which will enter the market in mid-1999.

Greenland / Check Central plans to become the leader in the delivery of innovative, automated check-cashing, money orders, ATM, and other Internet banking services from freestanding kiosks in retail locations. Literally, an automated "Bank-in-a-box."

Management's objective is keenly focused on achieving profitability in early 2000.

THE OPPORTUNITY

During the last decade, the number of consumers who have no banking services has grown substantially and now numbers 28% of US households. Demand for the check-cashing business that cater to them has doubled during this time. These consumers with no formal banking relationships often pay bills with money orders or cash. It is estimated that the payroll check-cashing industry now serves a population that transacts one trillion dollars annually.

Also, according to the US Treasury Department, there are at least an additional 10 million Americans who receive some form of government payment that do not use banking services.

Check Central is positioned to be a leader in the exploding check-cashing, ATM market and affiliated financial service market.

From a marketing standpoint, check-cashing businesses are proliferating. These businesses cash checks for a fee based upon a percentage of the face amount of the check (up to 6%). It has been estimated that the current check-cashing industry generates over $1.5 billion in fees annually.

Check Central is prepared to capture a significant share of the $1.5 billion in fees by offering automated payroll check cashing, ATM, money order services, Payday Advance's, Prepaid Telephone Cards, and other services. These units are designed for placement in neighborhood convenience stores, banks, truck stops, liquor stores or other locations where the "un-banked" frequent.

The SmartCash ATM will generate income from several different sources on the same machine.

First, there is revenue from the sale of machines. Second, SmartCash ATM will generate substantial continuous revenue streams from transaction fees on its base machines which have check cashing, ATM and money order services. Third, additional fees will be generated by adding Payday Advance's, Bill Payment, telephone cards and other Internet, purchasing and advertisement services.

The financial opportunity is enhanced due to the proprietary nature of the SmartCash ATM technology, Check Central's early entry into the market, and limited competitors.

Greenland Corporation offers the investor a unique opportunity to participate in a high growth, high profit industry through its proprietary technology.

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