Green Planet Bioengineering is a shell corporation with no active business operations. Originally incorporated in Delaware in 2006 as Mondo Acquisition II, the company briefly operated in the agritech sector in China through a subsidiary before divesting that subsidiary in 2010. Since then, Green Planet has operated as a shell, with its sole stated purpose being to identify and complete an acquisition or merger with an existing operating business. The company generates no revenue and has no defined business model. Its only ongoing costs are legal, accounting, and compliance expenses tied to maintaining its public company status. Green Planet's ability to execute any future business plan depends entirely on securing financing or identifying a suitable acquisition or merger target. A Canadian company, Global Funds Holdings, holds a majority stake.