Sino Green Land signs SPA to acquire 80% of Hi-Quality Productions for $1.8M in cash and stock

Sino Green Land Corp.

Sino Green Land (SGLA) agreed to buy 80% of New Jersey-based Hi-Quality Productions from Cheng You for US$1,800,000, payable 30% cash and 70% SGLA stock at $0.60 per share.
Consideration is payable in three tranches: 40% on closing ($216,000 cash and 840,000 shares), 30% at six months, and 30% at 12 months.
Third tranche earn-out: total rises to US$1,980,000 if Hi-Quality FY2026 net income exceeds US$550,000; total falls below US$1,800,000 if net income is below US$450,000.
Cheng You retains 20% of Hi-Quality, must remain full-time for 12 months and follow a 5-year non-compete; closing needs a 45-day due diligence review.
SGLA will issue the stock consideration under Section 4(a)(2)/Regulation D; recipients are accredited investors, and the shares carry transfer restrictions.

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