NYSE, ADY - Feihe International
American Dairy, Inc was incorporated under the corporate laws of the State of
Utah on December 31, 1985, originally with the corporate name of Gaslight, Inc.
It was inactive until March 30, 1988 when it changed its corporate name to
Lazarus Industries, Inc. and engaged in the business of manufacturing and
marketing medical devices. This line of business was discontinued in 1991, and
it became a non-operating public company shell.
Effective May 7, 2003, American Dairy completed the acquisition of 100% of the
issued and outstanding capital stock of American Flying Crane Corporation
(formerly called American Dairy Holdings, Inc.) (?AFC?), a Delaware corporation.
As a result, AFC become a wholly-owned subsidiary of American Dairy. In
addition, American Dairy amended its Articles of Incorporation to change its
name to ?American Dairy, Inc.? and completed a one-for-nineteen (1-for-19)
reverse split of its Common Stock. ...
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