Should have done more research before posting.
I have now read the GMH 10-Q for the period January 1, 2010 through March 31,2010 (the 10-Q for Q2 has not yet been filed).
Unfortunately, there is no significant 'new news' in that document, at least that I could find. No mention of the proposed acquisition of AUFS reported on the latter's website. And there is repetition of the business objective, to be a reverse acquisition candidate.
Strange.