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Prepared and filed by St Ives Financial
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<p align="center"><font size="2" face="serif"><b>   UNITED STATES<br>
</b></font><font size="2" face="serif"><b>SECURITIES AND EXCHANGE COMMISSION</b></font></p>
<p align="center"><font size="2" face="serif"><b>WASHINGTON, DC 20549</b></font></p>
<p align="center"><b><font face="serif" size="4">FORM 8-K</font></b></p>
<p align="center"><font size="2" face="serif"><b>CURRENT REPORT Pursuant<br>
</b></font><font size="2" face="serif"><b>TO SECTION 13 OR 15(D) OF THE<br>
</b></font><font size="2" face="serif"><b>SECURITIES EXCHANGE ACT OF 1934</b></font></p>
<p align="left"><font size="2" face="serif">Date of report (Date of earliest event reported) <u><b>January 5, 2007</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u></font></p>
<table width="100%" cellspacing="0" cellpadding="0" align="center" border="0">
  <tr align="center" valign="bottom">
    <td colspan="3"><div align="center"><font size="2" face="serif"><b>GeM Solutions, Inc.</b></font></div>      <div align="center"></div>      <div align="center"></div></td>
  </tr>
  <tr align="center" valign="bottom">
    <td colspan="3"><div align="center">
      <hr size="1" noshade>
      </div>      <div align="center"></div>      <div align="center"></div></td>
  </tr>
  <tr align="center" valign="bottom">
    <td colspan="3"><div align="center"><font size="2" face="serif">(Exact Name of Registrant as
    Specified in Its Charter)</font></div>      <div align="center"></div>    <div align="center"></div></td>
  </tr>
  <tr align="center" valign="bottom">
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
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    <td><div align="center"></div></td>
    <td><div align="center"></div></td>
    <td><div align="center"></div></td>
  </tr>
  <tr align="center" valign="bottom">
    <td colspan="3"><div align="center"><font size="2" face="serif"><b>Delaware</b></font></div>      <div align="center"></div>      <div align="center"></div></td>
  </tr>
  <tr align="center" valign="bottom">
    <td colspan="3"><div align="center">
      <hr size="1" noshade>
      </div>      <div align="center"></div>      <div align="center"></div></td>
  </tr>
  <tr align="center" valign="bottom">
    <td colspan="3"><div align="center"><font size="2" face="serif">(State or Other Jurisdiction
    of Incorporation)</font></div>      <div align="center"></div>    <div align="center"></div></td>
  </tr>
  <tr align="center" valign="bottom">
    <td><div align="center"></div></td>
    <td><div align="center"></div></td>
    <td><div align="center"></div></td>
  </tr>
  <tr align="center" valign="bottom">
<td><div align="center"><font size="2" face="serif"><b>000-33099</b></font></div></td>
<td width="2%"><div align="center"></div></td>
<td width="48%"><div align="center"><font size="2" face="serif"><b>84-1553046</b></font></div></td>
</tr>
  <tr align="center" valign="bottom" bgcolor="#FFFFFF">
    <td><hr size="1" noshade>
    </td>
    <td>&nbsp;</td>
    <td><hr size="1" noshade>
    </td>
  </tr>
  <tr align="center" valign="bottom" bgcolor="#FFFFFF">
<td><div align="center"><font size="2" face="serif">(Commission File Number)</font></div></td>
<td><div align="center"></div></td>
<td><div align="center"><font size="2" face="serif">(IRS Employer Identification No.)</font></div></td>
</tr>
<tr align="center" valign="bottom">
<td><div align="center"><font size="2" face="serif">&nbsp;</font></div></td>
<td><div align="center"></div></td>
<td><div align="center"><font size="2" face="serif">&nbsp;</font></div></td>
</tr>
<tr align="center" valign="bottom" bgcolor="#FFFFFF">
<td><div align="center"><font size="2" face="serif"><b>7935 Airport Pulling Road, Suite 201</b></font></div></td>
<td><div align="center"></div></td>
<td><div align="center"><font size="2" face="serif">&nbsp;</font></div></td>
</tr>
<tr align="center" valign="bottom" bgcolor="#FFFFFF">
<td><div align="center"><font size="2" face="serif"><b>Naples, FL</b></font></div></td>
<td><div align="center"></div></td>
<td><div align="center"><font size="2" face="serif"><b>34109</b></font></div></td>
</tr>
<tr align="center" valign="bottom" bgcolor="#FFFFFF">
  <td><hr size="1" noshade>
    </td>
  <td>&nbsp;</td>
  <td><hr size="1" noshade>
    </td>
</tr>
<tr align="center" valign="bottom" bgcolor="#FFFFFF">
<td><div align="center"><font size="2" face="serif">(Address of Principal Executive Offices)</font></div></td>
<td><div align="center"></div></td>
<td><div align="center"><font size="2" face="serif">(Zip Code)</font></div></td>
</tr>
<tr align="center" valign="bottom" bgcolor="#FFFFFF">
  <td>&nbsp;</td>
  <td>&nbsp;</td>
  <td>&nbsp;</td>
</tr>
<tr align="center" valign="bottom" bgcolor="#FFFFFF">
  <td colspan="3"><font size="2" face="serif"><b>(239) 592-1816</b></font></td>
  </tr>
<tr align="center" valign="bottom" bgcolor="#FFFFFF">
  <td colspan="3"><hr size="1" noshade>
    </td>
  </tr>
<tr align="center" valign="bottom" bgcolor="#FFFFFF">
  <td colspan="3"><font size="2" face="serif">(Registrant&#146;s Telephone Number, Including
    Area Code)</font></td>
  </tr>
<tr align="center" valign="bottom" bgcolor="#FFFFFF">
  <td>&nbsp;</td>
  <td>&nbsp;</td>
  <td>&nbsp;</td>
</tr>
<tr align="center" valign="bottom" bgcolor="#FFFFFF">
  <td>&nbsp;</td>
  <td>&nbsp;</td>
  <td>&nbsp;</td>
</tr>
<tr align="center" valign="bottom" bgcolor="#FFFFFF">
  <td colspan="3"><hr size="1" noshade>
    </td>
  </tr>
<tr align="center" valign="bottom" bgcolor="#FFFFFF">
  <td colspan="3"><font size="2" face="serif">(Former Name or Former Address, if Changed
    Since Last Report)</font></td>
  </tr>
</table>
<p align="left"><font size="2" face="serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;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 (<i>see </i>General Instruction A.2. below):</font></p>  <table width="100%" cellspacing="0" cellpadding="0" border="0">
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<td align="left" width="3%"><font size="2" face="serif">&nbsp;</font></td>
<td align="left" width="3%"><img src="emptybox.gif"></td>
<td align="left"><font size="2" face="serif">Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</font></td>
</tr>
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  <td align="left">&nbsp;</td>
  <td align="left">&nbsp;</td>
  <td align="left">&nbsp;</td>
</tr>
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<td align="left" width="3%"><font size="2" face="serif">&nbsp;</font></td>
<td align="left" width="3%"><img src="emptybox.gif"></td>
<td align="left"><font size="2" face="serif">Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</font></td>
</tr>
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  <td align="left">&nbsp;</td>
  <td align="left">&nbsp;</td>
  <td align="left">&nbsp;</td>
</tr>
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<td align="left" width="3%"><font size="2" face="serif">&nbsp;</font></td>
<td align="left" width="3%"><img src="emptybox.gif"></td>
<td align="left"><font size="2" face="serif">Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</font></td>
</tr>
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  <td align="left">&nbsp;</td>
  <td align="left">&nbsp;</td>
  <td align="left">&nbsp;</td>
</tr>
<tr valign="top">
<td align="left" width="3%"><font size="2" face="serif">&nbsp;</font></td>
<td align="left" width="3%"><img src="emptybox.gif"></td>
<td align="left"><font size="2" face="serif">Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</font></td>
</tr>
</table>
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<p align="center"><font size="2" face="serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<b>Section 5 &#150; Corporate Governance and Management</b></font></p>
<p align="left"><font size="2" face="serif"><b>Item 5.02&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.</b></font></p>
<p align="left"><font size="2" face="serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;On January 5, 2007, GeM Solutions, Inc. (the &#147;Company&#148;, &#147;we&#148;, or &#147;us&#148;) appointed Brian J. Ellis to serve as the Chief Operating Officer of the Company.   In connection with his appointment, we issued an option to Mr. Ellis to purchase 350,000 shares of common stock under the Company&#146;s 2005 Stock Incentive Plan.  The option has an exercise price of $0.15 per share, vests in three equal installments over an eighteen month period from the date of grant, and terminates ten years from the date of grant.   In the event Mr. Ellis is terminated without cause, the option becomes immediately vested and exercisable in full for a period of two years following termination.  </font></p>
<p align="left"><font size="2" face="serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Brian
    J. Ellis, 56, has served as the Vice President of Marketing and Corporate
    Communications of the Company since April 15, 2006. Mr. Ellis brings over
    25 years of senior management experience in public and private technology
    companies operating in domestic and international markets. From January 2005
    until joining the Company, Mr. Ellis served as the Vice President of Business
    Development and Investor Relations of IP Applications Inc., an application
    service provider based in Vancouver B.C., where he was responsible for mergers
    and payment processing services. From January 2002 through January 2005,
    Mr. Ellis was as an independent management consultant providing sales, strategic
    marketing, and financing services primarily to early stage technology companies,
    including providers of wireless broadband services and specialized software
    applications. From September 1998 to December 2001, Mr. Ellis served as President
    and Chief Executive Officer of eDispatch Wireless Data, an application service
    provider based in Burnaby, B.C. During his tenure, he transitioned the company
    from a microcap Vancouver Stock Exchange listed company to a Toronto Stock
    Exchange Listed company with a market cap in excess of $500,000,000. Between
    1990 and 1998, Mr. Ellis held senior management positions with TIR Systems
    Ltd., a high-technology lighting company based in Burnaby, B.C., and the
    T-III division of MPR Teltech Ltd., which developed a National Real Estate
    Brokerage System. Mr. Ellis teaches Marketing
at the British Columbia Institute of Technology, Canada&#146;s premier Polytechnic
Institute.</font></p>
<p align="left"><font size="2" face="serif"><b>Item 9.01&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Financial Statements and Exhibits. </b></font></p>
<p align="left"><font size="2" face="serif">(d)  Exhibits.   The following exhibits are filed with this report:</font></p>
<table width="100%" cellspacing="0" cellpadding="0" align="center" border="0">
<tr valign="top" bgcolor="#FFFFFF">
<td width="8%" align="left"><font size="2" face="serif"><u>Exhibit No</u>.</font></td>
<td align="left" width="2%">&nbsp;</td>
<td align="left"><font size="2" face="serif"><u>Description of Exhibit</u></font></td>
</tr>
<tr valign="top">
<td align="left"><font size="2" face="serif">&nbsp;</font></td>
<td align="left">&nbsp;</td>
<td align="left"><font size="2" face="serif">&nbsp;</font></td>
</tr>
<tr valign="top">
<td align="left"><font size="2" face="serif">10.1</font></td>
<td align="left">&nbsp;</td>
<td align="left"><font size="2" face="serif">Option Agreement under the GeM Solutions, Inc. 2005 Stock Incentive Plan dated January 5, 2007 by and between the Company and Brian J. Ellis </font></td>
</tr>
</table>
<p align="center">&nbsp;</p>
<hr noshade align="center" width="100%" size="2">
<div style="page-break-before:always"></div>
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<p align="center"><font size="2" face="serif"><b>SIGNATURES</b></font></p>
<p align="left"><font size="2" face="serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;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.</font></p>
<p align="left">&nbsp;</p>  <table width="100%" cellspacing="0" cellpadding="0" border="0">
  <tr valign="top">
    <td align="left">&nbsp;</td>
    <td colspan="2" align="left"><font size="2" face="serif">GeM
    Solutions, Inc.</font></td>
  </tr>
  <tr valign="top">
    <td align="left">&nbsp;</td>
    <td align="left">&nbsp;</td>
    <td align="left">&nbsp;</td>
  </tr>
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    <td align="left">&nbsp;</td>
    <td align="left">&nbsp;</td>
    <td align="left">&nbsp;</td>
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<td align="left" width="49%"><font size="2" face="serif">Date:  January 9, 2007</font></td>
<td align="left" width="4%"><font size="2" face="serif">By:</font></td>
<td align="left"><font size="2" face="serif">/s/ John E. Baker</font></td>
</tr>
<tr valign="top">
<td></td>
<td></td>
<td><hr noshade size="1"></td>
</tr>
<tr valign="top">
<td align="left"><font size="2" face="serif">&nbsp;</font></td>
<td align="left"><font size="2" face="serif">&nbsp;</font></td>
<td align="left"><font size="2" face="serif">John E. Baker </font></td>
</tr>
<tr valign="top">
<td align="left"><font size="2" face="serif">&nbsp;</font></td>
<td align="left"><font size="2" face="serif">&nbsp;</font></td>
<td align="left"><font size="2" face="serif">Chief Financial Officer </font></td>
</tr>
</table>
<p align="center"><font face="serif" size="2">2</font></p>
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{"company-data": {"conformed-name": "STELLAR TECHNOLOGIES, INC.", "cik": "0001132590", "assigned-sic": "7373", "irs-number": "841553046", "state-of-incorporation": "CO", "fiscal-year-end": "0605"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-33099", "film-number": "07524668"}, "business-address": {"street1": "7935 AIRPORT PULLING ROAD", "street2": "SUITE 201", "city": "NAPLES", "state": "FL", "zip": "34109", "phone": "2395291816"}, "mail-address": {"street1": "7935 AIRPORT PULLING ROAD", "street2": "SUITE 201", "city": "NAPLES", "state": "FL", "zip": "34109"}, "former-company": {"former-conformed-name": "INTERNATIONAL TRAVEL CD S INC", "date-changed": "20010117"}}
Prepared and filed by St Ives Financial
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT Pursuant
TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported)
January 5, 2007
GeM Solutions, Inc.
(Exact Name of Registrant as
    Specified in Its Charter)
Delaware
(State or Other Jurisdiction
    of Incorporation)
000-33099
84-1553046
(Commission File Number)
(IRS Employer Identification No.)
7935 Airport Pulling Road, Suite 201
Naples, FL
34109
(Address of Principal Executive Offices)
(Zip Code)
(239) 592-1816
(Registrant's Telephone Number, Including
    Area Code)
(Former Name or Former Address, if Changed
    Since Last Report)
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 (
see
General Instruction A.2. below):
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))
Section 5 – Corporate Governance and Management
Item 5.02     Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On January 5, 2007, GeM Solutions, Inc. (the "Company", "we", or "us") appointed Brian J. Ellis to serve as the Chief Operating Officer of the Company.   In connection with his appointment, we issued an option to Mr. Ellis to purchase 350,000 shares of common stock under the Company's 2005 Stock Incentive Plan.  The option has an exercise price of $0.15 per share, vests in three equal installments over an eighteen month period from the date of grant, and terminates ten years from the date of grant.   In the event Mr. Ellis is terminated without cause, the option becomes immediately vested and exercisable in full for a period of two years following termination.
Brian
    J. Ellis, 56, has served as the Vice President of Marketing and Corporate
    Communications of the Company since April 15, 2006. Mr. Ellis brings over
    25 years of senior management experience in public and private technology
    companies operating in domestic and international markets. From January 2005
    until joining the Company, Mr. Ellis served as the Vice President of Business
    Development and Investor Relations of IP Applications Inc., an application
    service provider based in Vancouver B.C., where he was responsible for mergers
    and payment processing services. From January 2002 through January 2005,
    Mr. Ellis was as an independent management consultant providing sales, strategic
    marketing, and financing services primarily to early stage technology companies,
    including providers of wireless broadband services and specialized software
    applications. From September 1998 to December 2001, Mr. Ellis served as President
    and Chief Executive Officer of eDispatch Wireless Data, an application service
    provider based in Burnaby, B.C. During his tenure, he transitioned the company
    from a microcap Vancouver Stock Exchange listed company to a Toronto Stock
    Exchange Listed company with a market cap in excess of $500,000,000. Between
    1990 and 1998, Mr. Ellis held senior management positions with TIR Systems
    Ltd., a high-technology lighting company based in Burnaby, B.C., and the
    T-III division of MPR Teltech Ltd., which developed a National Real Estate
    Brokerage System. Mr. Ellis teaches Marketing
at the British Columbia Institute of Technology, Canada's premier Polytechnic
Institute.
Item 9.01     Financial Statements and Exhibits.
(d)  Exhibits.   The following exhibits are filed with this report:
Exhibit No
.
Description of Exhibit
10.1
Option Agreement under the GeM Solutions, Inc. 2005 Stock Incentive Plan dated January 5, 2007 by and between the Company and Brian J. Ellis
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.
GeM
    Solutions, Inc.
Date:  January 9, 2007
By:
/s/ John E. Baker
John E. Baker
Chief Financial Officer
2