Mass Megawatts Wind Power Inc (MMMW)

[Gaintrader]

Proxy Statement (preliminary) is at first just an outline of the call to meeting and the action(s) that will be voted on, form of voting cards, exhibits, ect. that is filed with the SEC. The SEC reviews the Proxy for required and proper content, and fact checks the application. They can then "declare if effective" or ask for additional information from the filer.

In the case here with MMMW, it could be the SEC wants to see the audited annual 10K, which are due on Friday 7/31 anyway, filled, to fact check against, before they will "declare if effective".

Friday is also only three weeks before the date the meeting was called for too, so there is a good chance they will need to refile to amend the meeting's date, plus anything else the SEC may be looking to see included in the final version before it's approved.