OVERVIEW & DEVELOPMENT OF BUSINESS R-Tec Holding, Inc. (the Company) R-Tec
Corporation began operations in 1995 as a privately held corporation. In August
1999, R-Tec Holding, Inc., which previously operated as a wholly owned
subsidiary of Biogan International, Inc., began operating as a totally
independent and separate entity. In order to bring the operating entity, R-Tec
Corporation, under the umbrella of the holding corporation, R-Tec Holding,
Inc., on September 27, 1999, the two corporations entered into a definitive
agreement under which the shareholders
of R-Tec Corporation transferred 80% of their common st...