General ------- We were incorporated as a Nevada corporation on January 30, 1995 under the name American Tire Corporation and changed our name to Amerityre Corporation in December 1999. We own certain proprietary and nonproprietary technology to manufacture tires from polyurethane foam and polyurethane elastomer.
Polyurethane Foam Tire Technology --------------------------------- We currently produce "Flatfree[TM]" polyurethane foam tires for bicycles, wheelchairs, lawn and garden products, and outdoor power equipment products (the "Products"). In August 2005, we entered into a Memorandum of Understanding ("MOU") with Ace Products, LLC ("ACE"), outlining the general scope and...