NASDAQ, GNBT - Generex Biotechnology Corporation
We were incorporated in Delaware in September 1997 for the purpose of acquiring
Generex Pharmaceuticals Inc., a Canadian corporation formed in November 1995 to
engage in pharmaceutical and biotechnological research and development and other
activities. Our acquisition of Generex Pharmaceuticals was completed in October
1997 in a transaction in which the holders of all outstanding shares of Generex
Pharmaceuticals exchanged their shares for shares of our common stock.
In January 1998, we participated in a "reverse acquisition" with Green Mt. P.
S., Inc., an inactive Idaho corporation formed in 1983. As a result of this
transaction, our shareholders (the former shareholders of Generex
Pharmaceuticals) acquired a majority (approximately 90%) of the outstanding
capital stock of Green Mt., we became a wholly-owned subsidiary of Green Mt.,
Green Mt. ...
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