KM (Knowledge Management) is basically Data or Information Management without much Knowledge. That is why; almost all KM Systems end with failures. Even if Data is called Knowledge more than a thousand times, it will not become Knowledge, but only Data. What is Knowledge? Can Knowledge be Produced, Consumed or Marketed just like any other product or commodity? Knowmatics and Mathew's Theories of Knowledge Consumption- Productions provide answers for all these question and help develop Knowledge Industries, Knowledge Banks and Mega Knowledge Corporations.