secwatch.observer — SEC 8-K summary
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Issuer:     Sino Green Land Corp. (SGLA)
CIK:        0001433551
Form:       8-K/A
Filed at:   2026-11-10T21:30:41+00:00
Accession:  0001493152-26-050983
Event type: m_and_a
Sentiment:  negative
Materiality: 0.40
Item codes: 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

Sino Green Land 8-K/A: Invent Fortune FY26 revenue $1.13M, net loss $14,385, going-concern doubt
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- Invent Fortune FY2026 (ended June 30, 2026): revenue $1,134,336 ($771,037 from related party), gross profit $93,265, G&A $112,192, net loss $14,385.
- Auditor EliteCPA P.C. flagged substantial doubt on going concern: cash of $2,933 vs current liabilities of $235,092 and $413,435 cash used in operations.
- $1,224,542 due from related parties is nearly all of the $1,253,726 in assets; repayment depends on SGLA's $1M private placement (2M shares at $0.50), of which only $200,000 was received.
- Aug 7, 2026 pacts: SGLA to buy 100% of Invent Fortune for 36,527,833 SGLA shares and 60% of Xing Da Plastics for 4,800,000 shares; Invent Fortune deal closed Sept 29, 2026.
- Amendment also adds audited Xing Da (FY26 and FY25) and Hi-Quality Productions statements plus unaudited pro forma combined balance sheet at June 30, 2026 and FY26 pro forma income statement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1433551/000149315226050983/0001493152-26-050983-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1433551/000149315226050983/form8-ka.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-050983

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