posted
This filing just hit the web site. We've heard something was in the works for sometime. Could be big. What do you guys think? I've had a dog in this hunt for sometime now.
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 _________ FORM 8-K/A CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of report (Date of earliest event reported): April 12, 2005 GLOBAL MATRECHS, INC. (Exact Name of Registrant as Specified in its Charter) Delaware 0-29204 58-2153309 (State or Other Jurisdiction (Commission (IRS Employer of Incorporation) File Number) Identification No.) 90 Grove Street, Suite 201 Ridgefield, Connecticut 06877 (Address of Principal Executive Offices) (Zip Code) Registrant’s telephone number, including area code: (203) 431-6665 Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: [ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) [ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) 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™ 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™ 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. Item 9.01 Financial Statements and Exhibits. (c) Exhibits NumberTitle99.1 Agreement with Dow Corning - 2 - SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. GLOBAL MATRECHS, INC. Date: May 17, 2005 By: /s/ Michael Sheppard Michael Sheppard President, Chief Executive Officer, Chief Operating Officer and Acting Chief Financial Officer - 3 - Exhibit Index NumberTitle99.1 Agreement with Dow Corning - 4 -
Posts: 104 | Registered: May 2005
| IP: Logged |
posted
I wondered why this had some movement yesterday.
Global Matrechs Obtains Right from EPA to Import HNIPU into USA Business Wire - June 02, 2005 06:00
RIDGEFIELD, Conn., Jun 02, 2005 (BUSINESS WIRE) -- Global Matrechs, Inc. (OTCBB: GMTH) is pleased to announce that its licensed HNIPU flooring and corrosion-protection products have become eligible for importation into the United States in accordance with the rules promulgated by the Environmental Protection Agency (EPA). HNIPU is a group of new chemical substances that had no previous registration with the EPA. The Company holds an exclusive worldwide license from Eurotech, Ltd. to market, manufacture and sell all HNIPU products, including the flooring binders and coatings version of the chemical.
HNIPU, a modified polyurethane that does not use the toxic isocyanates found in conventional polyurethanes, was not previously registered with the EPA for importation or manufacture into the United States. However, Global Matrechs completed and filed with the agency Pre-Manufacture Notices (PMN) for HNIPU's flooring and corrosion-protection products, and the EPA review period expired without rejection of applications. Global Matrechs may now begin the importation and / or manufacture of the subject products. The Company plans to file additional PMN applications with the EPA for other HNIPU products in the near future.
In addition to the above, Global Matrechs has amended its non-exclusive Agreement with Environmental Friendly Materials GmbH, which originally established a production base in Europe. The Agreement was amended to include the United States in its sales territory.
The HNIPU product can be incorporated into many applications including crack-resistant composite materials, chemically resistant coatings, industrial flooring sealants, glues and paints. Its many outstanding properties are beneficial to such industries as the automotive, aerospace and construction, marine and industrial equipment industries. The main and distinct technical advantage of HNIPU is that while it has the mechanical properties of conventional polyurethane, it has a higher chemical corrosion resistance comparable with epoxies that lack the mechanical properties necessary for such resistance.
Global Matrechs also owns the exclusive worldwide rights for marketing, manufacturing and selling all of the NuCap(TM) materials, formerly known as EKOR(TM), also pursuant to a license from Eurotech, Ltd. The Company is delighted to be in the advanced stages of product placement for NuCap(TM) and to have achieved EPA approval for HNIPU. Global Matrechs also has the exclusive worldwide rights to all technologies listed on our website (www.globalmatrechs.com). For a description of our licensed products, please see our filings with the Securities and Exchange Commission (including our Current Report on Form 8-K filed with the Commission on June 6, 2003). These filings are public documents and may be found on the Commissions website (www.sec.gov).
"Forward-Looking Statements"
Investors are cautioned that certain statements contained in this press release as well as some statements in periodic press releases and some oral statements of Company officials during presentations are "forward-looking" statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). Forward-looking statements include statements which are predictive in nature, which depend upon or refer to future events or conditions, or which include words such as "expects," "anticipates," "intends," "plans," "believes," "estimates," "hopes," "seeks," or similar expressions. In addition, any statements concerning future financial performance (including future revenues, earnings or growth rates), ongoing business strategies or prospects, and possible future actions, which may be provided by management, are also forward-looking statements as defined by the Act. Some of the factors that could significantly impact these forward-looking statements in this press release include, but are not limited to, the availability of capital resources, ability to obtain financing, ability to commercially market products and technologies, intellectual property rights, including its rights to the technologies that it licenses, and growth plans for expanding its operations. Forward-looking statements are based upon current expectations and projections about future events and are subject to risks, uncertainties, and assumptions about the Company, its licenses, products, economic and market factors and the sectors in which the Company does business, among other things. These statements are not guarantees of future performance and the Company has no specific intention to update these statements. More detailed information about those factors is contained in the Company's filings with the Securities and Exchange Commission.
SOURCE: Global Matrechs, Inc.
Global Matrechs, Inc. Jacquelyn Rostow, 203-431-6665 or Investor Relations: info@globalmatrechs.com
News provided by Dow Jones NewswiresSM, PR News Wire™ and Business Wire™. Dow Jones Newswires is a service mark of Dow Jones & Company. PR News Wire is a Trademark of PR Newswire Association, Inc. Business Wire is a registered trademark and service mark of Business Wire.
Ameritrade is not responsible for the quality and suitability of third party financial or investment information or services. Please consult other sources of information and consider your individual financial position and goals before making an investment decision. Ameritrade, Division of Ameritrade, Inc., member NASD/SIPC. Ameritrade and Ameritrade logos are trademarks or registered trademarks of Ameritrade IP Company, Inc. 2002 Ameritrade IP Company, Inc. All rights reserved. Used with permission.
Posts: 104 | Registered: May 2005
| IP: Logged |
posted
GMTH - GLOBAL MATRECHS INC (OTCBB) Date Open High Low Last Change Volume % Change 06/01/05 0.0480 0.0490 0.0420 0.0480 unch 1638100 unch%
Composite Indicator Trend Spotter TM Sell
Short Term Indicators 7 Day Average Directional Indicator Sell 10 - 8 Day Moving Average Hilo Channel Sell 20 Day Moving Average vs Price Sell 20 - 50 Day MACD Oscillator Buy 20 Day Bollinger Bands Hold
Short Term Indicators Average: 40% - Sell 20-Day Average Volume - 477410
Medium Term Indicators 40 Day Commodity Channel Index Sell 50 Day Moving Average vs Price Sell 20 - 100 Day MACD Oscillator Sell 50 Day Parabolic Time/Price Sell
Medium Term Indicators Average: 100% - Sell 50-Day Average Volume - 578056
Long Term Indicators 60 Day Commodity Channel Index Hold 100 Day Moving Average vs Price Sell 50 - 100 Day MACD Oscillator Sell
Long Term Indicators Average: 67% - Sell 100-Day Average Volume - 802684
Overall Average: 72% - Sell
Price Support Pivot Point Resistance
0.0480 0.0393 0.0463 0.0533
-------------------- Bank It.... Posts: 939 | From: hampton,va. 23666 | Registered: Oct 2004
| IP: Logged |
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
