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Tuesday, 05/17/2005 9:50:37 AM

Tuesday, May 17, 2005 9:50:37 AM

Post# of 91551
~GMTH .07 X .075 moving, here's the 8k...

http://biz.yahoo.com/e/050516/gmth.ob8-k.html


ITEM 7.01 REGULATION FD DISCLOSURE.

We are furnishing this Report on Form 8-K pursuant to Regulation FD in connection with our recently executed contractual arrangement with Dow Corning and our ongoing discussions with Dow Corning regarding the possibility of a future, commercial-scale manufacturing and distribution agreement.

On April 12, 2005, we entered into an agreement with Dow Corning to develop a process for production of NuCap(TM) on a commercial scale. Our agreement with Dow Corning contemplates the possibility of entering into a future, commercial-scale manufacturing and distribution agreement, under which Dow Corning may manage the ongoing commercial production of NuCap(TM) after the scale-up production process is complete. While we can give no assurance that any such agreement for commercial production will be executed with Dow Corning, we believe that our discussions have been productive and hope to have an agreement in place upon the successful completion of scale-up batch processing under our current arrangement.

The information in this Current Report is furnished pursuant to Item 7.01 and shall not be deemed to be "filed" for the purpose of Section 18 of the Securities and Exchange Act of 1934 or otherwise subject to the liabilities of that section. This Report will not be deemed an admission as to the materiality of any information in the report that is required to be disclosed solely by Regulation FD.

We do not have, and expressly disclaim, any obligation to release publicly any updates or any changes in our expectations or any change in events, conditions, or circumstances on which any forward-looking statement is based.








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