Greenland Corp. (fka GRLC)

[eztradin]

Plan of Operation

PVCT

With the reorganization of Provectus and PPI and the acquisition and integration into the company of Valley and Pure-ific, we believe we have obtained a unique combination of OTC products and core intellectual properties. This combination represents the foundation for an operating company that we believe will provide both profitability and long-term growth. In 2006 and 2007, we will carefully control expenditures in preparation for the asset sale and licensure or spin out of our OTC products, medical device and biotech technologies, and we will issue equity only when it makes sense to the company and primarily for purposes of attracting strategic investors.


In the short term, we intend to develop our business by selling the OTC assets and licensing our existing OTC products, principally Pure-Stick, GloveAid and Pure-ific. We are also now considering a spin out of the wholly owned subsidiary that contains the OTC assets. We will also sell and/or license our medical device and biotech technologies. In the longer term, we expect to continue the process of developing, testing and obtaining the approval of the U. S. Food and Drug Administration of prescription drugs in particular. Additionally, we have restarted our research programs that will identify additional conditions that our intellectual properties may be used to treat and additional treatments for those and other conditions.

GRLC:

GREENLAND CORP: SC 13G/A, Sub-Doc 1

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

SCHEDULE 13G/A

UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 1)


GREENLAND CORPORATION
--------------------------------------------------------------------------------
(Name of Issuer)


COMMON STOCK, $.001 PAR VALUE
--------------------------------------------------------------------------------
(Title of Class of Securities)


39530P309
--------------------------------------------------------------------------------
(CUSIP Number)


Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:

|X| Rule 13d-1(c)

*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).

(Continued on following page(s)


Page 1 of 4 Pages



------------------- -------------------
CUSIP No. 39530P309 13G/A Page 2 of 4 Pages
------------------- -------------------

--------------------------------------------------------------------------------
1. NAMES OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

Alpha Capital Aktiengesellschaft
--------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:
(a) |_|
(b) |_|
--------------------------------------------------------------------------------
3. SEC USE ONLY


--------------------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION

Liechtenstein
--------------------------------------------------------------------------------
5. SOLE VOTING POWER, NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING
PERSON

13,614,511 Common Stock
--------------------------------------------------------------------------------
6. SHARED VOTING POWER

None
--------------------------------------------------------------------------------
7. SOLE DISPOSITIVE POWER

13,614,511 shares of Common Stock
--------------------------------------------------------------------------------
8. SHARED DISPOSITIVE POWER

None
--------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

13,614,511 shares of Common Stock
--------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES |X|

The aggregate amount in Row 9 represents the maximum amount of shares that
Alpha Capital can beneficially control under a contractually stipulated
9.99% ownership restriction. The full conversion of Alpha Capital's
Convertible Note, the exercise of its warrants would cause Alpha Capital
to exceed this restriction.
--------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

9.9%
--------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON

CO
--------------------------------------------------------------------------------



------------------- -------------------
CUSIP No. 39530P309 13G/A Page 3 of 4 Pages
------------------- -------------------


ITEM 1 (a) NAME OF ISSUER:

Provectus Pharmaceuticals, Inc.

ITEM 1 (b) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:

7327 Oak Ridge Highway, Suite A, Knoxville, TN 37931

ITEM 2 (a) NAME OF PERSON FILING:

Alpha Capital Aktiengesellschaft

ITEM 2 (b) ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:

Pradafant 7, Furstentums 9490, Vaduz, Liechtenstein

ITEM 2 (c) CITIZENSHIP:

Liechtenstein

ITEM 2 (d) TITLE OF CLASS OF SECURITIES:

Common Stock, $.001 par value

ITEM 2 (e) CUSIP NUMBER:

39530P309

ITEM 3 IF THIS STATEMENT IS FILED PURSUANT TO RULE 13D-1(B) OR 13D-2(B):

Not applicable

ITEM 4 OWNERSHIP

(a) AMOUNT BENEFICIALLY OWNED: 13,614,511 Shares of Common Stock

(b) PERCENT OF CLASS: 9.9%

(c) NUMBER OF SHARES AS TO WHICH SUCH PERSON HAS:

(i) SOLE POWER TO VOTE OR DIRECT THE VOTE

13,614,511 Shares

(ii) SHARED POWER TO VOTE OR DIRECT THE VOTE

0 Shares

(iii) SOLE POWER TO DISPOSE OR TO DIRECT THE DISPOSITION OF

13,614,511 Shares

(iv) SHARED POWER TO DISPOSE OR TO DIRECT THE DISPOSITION OF

0 Shares



------------------- -------------------
CUSIP No. 39530P309 13G/A Page 4 of 4 Pages
------------------- -------------------


ITEM 5 OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS

Not applicable

ITEM 6 OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON

Not applicable

ITEM 7 IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED
THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY

Not applicable

ITEM 8 IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF A GROUP

Not applicable

ITEM 9 NOTICE OF DISSOLUTION OF GROUP

Not applicable



SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.

February 7, 2006
--------------------------------------
(Date)


/s/ Konrad Ackerman
--------------------------------------
(Signature)

Konrad Ackerman, Director
--------------------------------------
(Name/Title)



Note:

500M A/S
Approx 120M O/S

11-05 10Q:

http://www.investorshub.com/boards/quotes.asp?ticker=grlc&qm_page=83722&qm_symbol=GRLC