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Monday, 10/26/2015 6:38:28 AM

Monday, October 26, 2015 6:38:28 AM

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Years ago, Kenetech spent $100 million a the wind related variable electronics patented technology that was eventually acquired by GE and now worth billions of dollars. Kenetech moved too fast and went into production quickly with only a year of testing. Failures of the products when marketing it too soon before the bugs are addressed caused Kenetech to go bankrupt. The technology was purchased in bankruptcy by Zond, then later Enron and then later GE.

Mass Megawatts does not want to make the same mistake.

Additionally, Mass Megawatts $MMMW in comparison with other small solar companies has a small market cap which is less than $500,000.

No revenue solar companies have market caps of several millions of dollars with some no revenue solar companies having market caps of greater than $10 million.

If the Mass Megawatts $MMMW new solar tracker sales are completed in the next month or two, the Mass Megawatts $MMMW market cap could logically be higher than all the no revenue solar companies.

I visited MMMW at their office and met with the CEO a month ago. Any new solar tracker product revenues would help a lot. The office is not the best quality (very low rent) and has a leaky roof at the loading dock. The shared office space mentioned by someone else is located at another location at 95 Prescott Street and not part of Mass Megawatts. I am glad that they are not spending a lot on expensive office space. The company is only a couple months behind on their 10K. They have been behind several times in recent years as it is costly and should have not problem being current once there is progress with their new product.
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