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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 P4e9vbhkmFBCgiOiUxDGPVdwbwID5ki94VhINqJxjvBwVqugTYXz0IC6ffWRoRxF
 DljD+Qry/xVZVUfS3YxYcA==

<SEC-DOCUMENT>0001209191-03-014465.txt : 20030730
<SEC-HEADER>0001209191-03-014465.hdr.sgml : 20030730
<ACCEPTANCE-DATETIME>20030730171558
ACCESSION NUMBER:		0001209191-03-014465
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20030403
FILED AS OF DATE:		20030730

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			RUBBER RESEARCH ELASTOMERICS INC
		CENTRAL INDEX KEY:			0000799875
		STANDARD INDUSTRIAL CLASSIFICATION:	FABRICATED RUBBER PRODUCTS, NEC [3060]
		IRS NUMBER:				410843032
		STATE OF INCORPORATION:			MN
		FISCAL YEAR END:			0331

	BUSINESS ADDRESS:	
		STREET 1:		4500 MAIN ST NE
		CITY:			MINNEAPOLIS
		STATE:			MN
		ZIP:			55421
		BUSINESS PHONE:		6125721056

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			KING DUNCAN
		CENTRAL INDEX KEY:			0001250701

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-15947
		FILM NUMBER:		03812341

	MAIL ADDRESS:	
		STREET 1:		122 E LINDSAY STREET
		STREET 2:		C/O DORSEY WHITNEY LLP
		CITY:			GREENSBORO
		STATE:			NC
		ZIP:			27401
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>bmn78612_bmn2dk.xml
<DESCRIPTION>MAIN DOCUMENT DESCRIPTION
<TEXT>
<XML>
<?xml version="1.0"?><ownershipDocument><schemaVersion>X0201</schemaVersion>    <documentType>4</documentType><periodOfReport>2003-04-03</periodOfReport><notSubjectToSection16>0</notSubjectToSection16><issuer><issuerCik>0000799875</issuerCik><issuerName>RUBBER RESEARCH ELASTOMERICS INC</issuerName>        <issuerTradingSymbol>RUBR</issuerTradingSymbol></issuer><reportingOwner><reportingOwnerId><rptOwnerCik>0001250701</rptOwnerCik><rptOwnerName>KING DUNCAN</rptOwnerName></reportingOwnerId><reportingOwnerAddress><rptOwnerStreet1></rptOwnerStreet1><rptOwnerStreet2></rptOwnerStreet2><rptOwnerCity>GREENSBORO</rptOwnerCity><rptOwnerState>NC</rptOwnerState><rptOwnerZipCode>27401</rptOwnerZipCode><rptOwnerStateDescription></rptOwnerStateDescription></reportingOwnerAddress><reportingOwnerRelationship><isDirector>0</isDirector><isOfficer>0</isOfficer><isTenPercentOwner>1</isTenPercentOwner><isOther>0</isOther></reportingOwnerRelationship></reportingOwner><nonDerivativeTable><nonDerivativeTransaction><securityTitle><va
lue>Common Stock</value></securityTitle><transactionDate><value>2003-04-03</value><footnoteId id="F1" /></transactionDate><transactionCoding><transactionFormType>4</transactionFormType><transactionCode>M</transactionCode><equitySwapInvolved>0</equitySwapInvolved></transactionCoding><transactionAmounts><transactionShares><value>3000000</value></transactionShares><transactionPricePerShare><value>0.03</value></transactionPricePerShare><transactionAcquiredDisposedCode><value>A</value></transactionAcquiredDisposedCode></transactionAmounts><postTransactionAmounts><sharesOwnedFollowingTransaction><value>3000000</value></sharesOwnedFollowingTransaction></postTransactionAmounts><ownershipNature><directOrIndirectOwnership><value>D</value></directOrIndirectOwnership></ownershipNature></nonDerivativeTransaction></nonDerivativeTable><derivativeTable><derivativeTransaction><securityTitle><value>10% Convertible Note (Right to Buy)</value></securityTitle><conversionOrExercisePrice><value>0.03</value><footnoteId id="F2" /></
conversionOrExercisePrice><transactionDate><value>2003-04-03</value></transactionDate><transactionCoding><transactionFormType>4</transactionFormType><transactionCode>M</transactionCode><equitySwapInvolved>0</equitySwapInvolved></transactionCoding><transactionAmounts><transactionShares><value>3000000</value></transactionShares><transactionPricePerShare><value>0</value></transactionPricePerShare><transactionAcquiredDisposedCode><value>A</value></transactionAcquiredDisposedCode></transactionAmounts><exerciseDate><value>2001-06-30</value></exerciseDate><expirationDate><value>2001-07-01</value></expirationDate><underlyingSecurity><underlyingSecurityTitle><value>Common Stock</value></underlyingSecurityTitle><underlyingSecurityShares><value>5129308</value><footnoteId id="F2" /></underlyingSecurityShares></underlyingSecurity><postTransactionAmounts><sharesOwnedFollowingTransaction><value>2129308</value><footnoteId id="F3" /></sharesOwnedFollowingTransaction></postTransactionAmounts><ownershipNature><directOrIndirect
Ownership><value>D</value></directOrIndirectOwnership></ownershipNature></derivativeTransaction><derivativeTransaction><securityTitle><value>Option (Right to Buy)</value></securityTitle><conversionOrExercisePrice><value>0.03</value></conversionOrExercisePrice><transactionDate><value>2003-07-01</value></transactionDate><transactionCoding><transactionFormType>4</transactionFormType><transactionCode>A</transactionCode><equitySwapInvolved>0</equitySwapInvolved></transactionCoding><transactionAmounts><transactionShares><value>2368454</value></transactionShares><transactionPricePerShare><value>0</value></transactionPricePerShare><transactionAcquiredDisposedCode><value>A</value></transactionAcquiredDisposedCode></transactionAmounts><exerciseDate><value>2001-06-30</value></exerciseDate><expirationDate><value>2001-07-01</value></expirationDate><underlyingSecurity><underlyingSecurityTitle><value>Common Stock</value></underlyingSecurityTitle><underlyingSecurityShares><value>2368454</value></underlyingSecurityShares></u
nderlyingSecurity><postTransactionAmounts><sharesOwnedFollowingTransaction><value>2368454</value><footnoteId id="F4" /></sharesOwnedFollowingTransaction></postTransactionAmounts><ownershipNature><directOrIndirectOwnership><value>D</value></directOrIndirectOwnership></ownershipNature></derivativeTransaction></derivativeTable><footnotes><footnote id="F1">Reporting person delivered notice to company of conversion of shares.</footnote><footnote id="F2">Adjusted pursuant to terms of the Note.</footnote><footnote id="F3">Reporting person also holds an option from the Company to purchase 1,000,000 shares.</footnote><footnote id="F4">Reporting person has the option to purchase from other shareholders up to an aggregate of 5,540,605 shares.</footnote></footnotes><ownerSignature><signatureName>/s/ Duncan King</signatureName><signatureDate>2003-07-28</signatureDate></ownerSignature></ownershipDocument>

</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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