Hi-Great Group Holding Company is a development stage enterprise focused on integrating organic health and wellness products with agritourism, operating herbal supplement sales and a farming resort.

# Company Overview: Hi-Great Group Holding Company

## Business Description
- **Type:** Development stage enterprise focused on integrating organic health and wellness products with agritourism.
- **Incorporation:** Incorporated in Nevada on September 30, 2010.
- **Main Activities:**
  - Sells herbal health supplements, primarily online.
  - Operates a weekend farming resort called the "Harvest Island Garden Resort" near Los Angeles, California.
  - Plans to expand into cosmetics using herbal oils and CBD-based products.
  - Licenses proprietary chelation technology (patent number: 5128139) for manufacturing nutritional supplements.
  - Engages in agritourism by providing a family-oriented weekend farm experience with individual gardens and portable cottages.

## Key Operations & Strategies
- **Herbal Supplements:**
  - Sourced from SellaCare, Inc, under a licensing agreement (25% of gross revenue or minimum $1,000/month).
  - Revenue in 2024: **$69,210** (down from $109,491 in 2023).
  - Cost of Goods Sold in 2024: **$35,243** (down from $58,573 in 2023).
- **Agritourism & Weekend Farming Resort:**
  - Located near Los Angeles, with plans to build capacity for 3,000 individual gardens.
  - Offers portable cabins made from reclaimed materials and solar-powered options.
  - Development will occur in three phases:
    - Phase One includes resort headquarters, communal amenities, and preliminary infrastructure.
    - Phase Two involves expansion of land parcels, marketing, and on-site amenities.
    - Phase Three aims to establish a franchise model for farmland owners across the U.S. and internationally.
  - Internationally, similar models exist in Germany, the UK, France, Russia, Japan, and Korea, focusing on urban residents' access to small-scale farms for relaxation, education, and health.

## Financial Highlights for 2024
- **Revenue:** $69,210 (decreased from $109,491 in 2023)
- **Net Loss:** $48,616 (improved from a net loss of $121,758 in 2023)
- **Total Assets as of December 31, 2024:** **$86,932**
  - Cash: $2,140
  - Inventory: $76,150
  - Right of Use Asset (lease-related): $6,892
- **Liabilities:** 
  - Total liabilities: $250,160
  - Mainly current liabilities including accounts payable ($87,500) and accrued royalty ($162,222).

## Employees & Shareholders
- **Number of Shares Outstanding:** 100 million (as of December 31, 2024)
- **Number of Stockholders:** Approximately 69 record holders
- **Key Shareholders:**
  - Ho Soon Yang (32.5%)
  - Alex Jun Ho Yang (31.5%)
  - Others hold smaller percentages

## Additional Details
- **Revenue Model:**
  - Sales of herbal supplements via online channels.
  - Proprietary licensing of chelation methods.
  - Agritourism membership fees and cottage rentals planned for future revenue.
- **Revenue & Income (2024):**
  - Generated $69,210 in sales with a gross profit of $33,968.
  - Operating expenses totaled $83,477.
- **Other Key Information:**
  - No current dividends paid.
  - No significant employment agreements or long-term incentive plans.
  - Does not currently have independent directors or a formal audit committee.

**Note:** The company is still in development, with recent revenues, net losses, and plans for expansion into agritourism and health supplement sectors.

Hi-Great Group Holding Company is a development stage enterprise focusing on agritourism and organic health supplements with plans for future expansion into cosmetics.

# Company Overview: Hi-Great Group Holding Company

## Business Model
Hi-Great Group Holding Company (HIGR) is a development stage enterprise focused on agritourism, organic health supplements, and potential expansion into the cosmetics sector. The company aims to leverage its exclusive licensing agreement with SellaCare, Inc. to develop and sell longevity health supplements, while also planning to integrate CBD oil products.

### Key Business Areas:
1. **Agritourism:** 
   - Establishing a "Weekend Garden Resort" aimed at urban families seeking an escape to farm life. 
   - Plans to offer 3,000 individual garden plots for urban dwellers to lease, along with portable cabins.
   - Highly focused on family-centric activities and experiences, blending agriculture with leisure.

2. **Organic Health Supplements:**
   - Currently offers a range of health supplements enhanced by the proprietary chelation methods protected by a world patent (Patent No: 5128139).

3. **Future Expansion:**
   - Plans to expand into the cosmetic sector, utilizing specialty herbs and oils.
   - Intention to create a franchise model for agritourism to extend operations across the USA and globally.

## Company Structure and Leadership
- **Incorporation Date:** September 30, 2010, in Nevada.
- **Current Leadership:** 
  - CEO: Alex Jun Ho Yang
  - CFO: Ho Soon Yang
  - Secretary: Ho Soon Yang
- **Significant Shareholders:**
  - Esther Yang held 70% of voting rights after shares were transferred from Custodian Ventures LLC in 2019; further ownership changes occurred in 2020.

## Target Market
- Focus on providing experiences for urban families in California, particularly those living in or near Los Angeles. The company aims to meet the growing demand for "weekend farms."

## Financials
- **Customers:** The exact number of customers is not specified, but the business appears to target family units in urban settings seeking agritourism experiences. 
- **Employees:** Detailed employee figures are not provided.
- **Revenue and Income:** The financial reports do not disclose specific revenue or income figures, indicating that the company is still in the development stage and aims for future sustainable revenue generation primarily through agritourism and health supplement sales.

## Summary of Operations
- **Phased Development:** The Weekend Garden Resort is planned to be built in three phases, focusing initially on establishing infrastructure and customer experience, followed by growth in membership sales and additional resort features.
- The unique concept combines elements of wellness, family bonding, and organic farming, tapping into the increasing social and economic demands for health-focused leisure activities.

## Conclusion
Hi-Great Group Holding Company aims to carve a niche in the growing agritourism market while expanding its product offerings in health supplements and cosmetics. By focusing on family-oriented, organic experiences, the company seeks to position itself as a leader in the sustainable farming and wellness sectors.

Hi-Great Group Holding Co

10-K / May 6, 2025

10-K / May 20, 2024

10-K / May 6, 2025

Company Overview: Hi-Great Group Holding Company

Business Description

Key Operations & Strategies

Financial Highlights for 2024

Employees & Shareholders

Additional Details