Last10K.com

Mass Megawatts Wind Power Inc (MMMW) SEC Filing 10-K Annual report for the fiscal year ending Tuesday, April 30, 2013

Mass Megawatts Wind Power Inc

CIK: 1117228 Ticker: MMMW
Exhibit 99.1
 
Fiscal Quarter Ended
January 31,2013

Mass Megawatts Reports for Fiscal Quarter Ended January 31,2013

WORCESTER, MA., March 20,1013 /PRNewswire-FirstCall/ -- Mass Megawatts Wind Power, Inc.(OTC: MMMW) reports a net loss of one cent per share or $148,776  in the third fiscal quarter ending January  31,2013.  During the same fiscal period a year ago, Mass Megawatts reported a net loss of one cent per share or $136,454 for the third fiscal quarter.
 
In the past month, Mass Megawatts reported  the initial sale of its most recent product with only seven moving components. This wind power system produces reliable, low-cost, and clean energy that’s well suited at remote and rural locations, including agricultural and commercial facilities. The company currently has several dozen additional potential sales and customers from a marketing  program recently launched in Colorado including a trade show last weekend..
 
Additionally, Mass Megawatts announced  recently the availability of affordable, green energy as a product line for consumers in the Northeast region of the United States.  
 
Mass Megawatts plans to leverage their knowledge of the wind power industry in their offering of competitive green power to electrical users across the Northeast. The expansion into the retail electrical market is a logical, strategic progression that diversifies their business model while improving future earnings potential.

With its patented, wind augmentation system, a new retail sales business, and very little debt, Mass Megawatts believes it is well positioned to ramp-up production of its new augmentation units in the shorter term while expanding its infrastructure to support mass-production goals in the longer term.


This press release contains forward-looking statements that could be affected by risks and uncertainties, including but not limited to Mass Megawatts Wind Power’s ability to produce a cost-effective wind energy conversion device. Among the factors that could cause actual events to differ materially from those indicated herein are: the failure of Mass Megawatts Wind Power, also known as Mass Megawatts Windpower, to achieve or maintain necessary zoning approvals with respect to the location of its  power developments; the ability to remain competitive; to finance the marketing and sales of its electricity; general economic conditions; and other risk factors detailed in periodic reports filed by Mass Megawatts Wind Power. Additionally, Mass Megawatts Wind Power stock quote and Mass Megawatts stock price may be impacted by global condition.   Mass Megawatts Wind Power Inc. expected and anticipated positive and negative impact on the Mass Megawatts stock price and the MMMW stock quote.

Contact:

Jon Ricker (508) 751-5432

The following information was filed by Mass Megawatts Wind Power Inc (MMMW) on Wednesday, March 20, 2013 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

View differences made from one year to another to evaluate Mass Megawatts Wind Power Inc's financial trajectory

Compare SEC Filings Year-over-Year (YoY) and Quarter-over-Quarter (QoQ)
Sample 10-K Year-over-Year (YoY) Comparison

Compare this 10-K Annual Report to its predecessor by reading our highlights to see what text and tables were  removed  ,   added    and   changed   by Mass Megawatts Wind Power Inc.

Continue

Assess how Mass Megawatts Wind Power Inc's management team is paid from their Annual Proxy

Definitive Proxy Statement (Form DEF 14A)
Screenshot example of actual Proxy Statement

Mass Megawatts Wind Power Inc's Definitive Proxy Statement (Form DEF 14A) filed after their 2013 10-K Annual Report includes:

  • Voting Procedures
  • Board Members
  • Executive Team
  • Salaries, Bonuses, Perks
  • Peers / Competitors

Continue