Mass Megawatts Wind Power Inc (MMMW): Market Cap is approx $700,000 at $0.01....

Reply Private New

Next 10 Prev Next

Send PM Follow Ignore

Followers	3
Posts	327
Boards Moderated	0
Alias Born	03/12/2015

wmyers4u2

Re: Solarman post# 3616

Sunday, 10/25/2015 9:05:57 PM

Sunday, October 25, 2015 9:05:57 PM

Market Cap is approx $700,000 at $0.01. Stock price is not one cent though. Market cap is subject to market fluctuation, not the shell value unless they are one in the same. If they are one in the same then the shell is equal to not more than the market cap.

If the shell were worth more than the market cap, it would have to be based on patents and technology.

Ricker has, by whatever means, legal or not, given himself patents used by the company and has a royalty schedule to go along with that(assuming the technology ever lead to sales). Seems to me since he was paid by MMMW those patents should belong to the company, not him. This opens the door for costly legal expenses to sort it out, should a company acquire MMMW.

Also, as far as we know there are no patents awarded for the STS so this could be worthless if they aren't granted by the USPTO. As is, what price can you put on patent pending technology. This leaves even more uncertainty.

In light of these uncertainties, I question any real value in the company. At the very least these must be factored into the price and they aren't increasing the value.