Sino Green Land Corp (SGLA)

[10 bagger]

SGLA.. $0.30

Statement of Operations Information:

Three Months Ended
March 31, Year Ended
December 31,
2010 2009 2009 2008
Sales $ 33,556 $ 18,531 $ 108,045 $ 73,563
Gross profit 3,636 1,948 11,737 7,737
Operating income 2,189 787 6,906 5,066
Interest (expense) income, net (2 ) 23 (354 ) (134 )
Beneficial conversion feature expense -- (125 ) (153 ) (393 )
Change in derivative liability -- -- -- 47
Other income (expense) (2 ) (284 ) 154 15
Net income 2,188 355 6,553 4,601
Deemed preferred stock dividend (644 ) -- (1,244 ) --
Net income available to common shareholders 1,544 355 5,309 4,601
Net income per share of common stock (basic) $ 0.01 $ 0.00 $ 0.07 $ 0.06
Weighted average shares of common stock outstanding (basic) 109,194 83,315 89,772 81,649
Income per share (diluted) $ 0.01 $ 0.00 $ 0.06 $ 0.06
Weighted average shares of common stock outstanding (diluted) 144,961 83,866 117,579 81,649


Balance Sheet Information:

March 31, December 31,
2010 2009 2008
Working capital $ 1,015 $ 1,530 $ (856 )
Total assets 30,524 27,000 18,069
Total liabilities 1,444 1,238 2,029
Retained earnings 16,317 14,773 9,463
Shareholders’ equity 29,079 25,761 16,040