UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15 (d) of the Securities Exchange Act of 1934
Date of Report: February 14, 2005
NEW HARVEST CAPITAL CORPORATION
(Exact name of registrant as specified in its charter)
Delaware
000-25824
13-3337553
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(State or other jurisdiction
(Commission
(IRS Employer
of incorporation)
File Number)
Identification No.)
c/o HESKETT & HESKETT
501 South Johnstone, Suite 501
Bartlesville, Oklahoma 74003
(Address of Principal Executive Offices) (Zip Code)
_____________________________________________
(Former Address of Principal Executive Offices (Zip Code)
(918) 336-1773
(Registrant's telephone number, including area code)
_________________________________________________
(Former Name or Former address, if changed since Last Report)
ITEM 7.01
REGULATION FD DISCLOSURE
On February 14, 2005, the Registrant announced that it and certain of its security holders have executed a non-binding Term Sheet with a privately-held company which is a development stage biopharmaceutical company that is focused on the development and commercialization of diagnostics and therapeutics for large populations in inflammatory diseases.
ITEM 9.01
FINANCIAL STATEMENTS AND EXHIBITS
99.1
News Release issued by the Registrant on February 14, 2005.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
NEW HARVEST CAPITAL CORPORATION
Date: February 14, 2005
By:
/s/ James Ditanna
James Ditanna, Director, Chairman, President