There again, the company had less than $600 working capital and that was several rent cycles ago. They are broke.

If as you suggest, the company is still active....where is the money coming from? There have been no sales. Maybe its a drug front and they are selling dope out the back door? It makes as much sense as you suggesting that they are running a company on air.

The company is out of money, in trouble with the SEC, lost their office and the CEO has been MIA since July. The next step is failing to file other govt requirements and then the company ceases to exist.... and so do the company shares.

Nothing wrong with speculating but know what you are getting into.

I just don't see a value in a broke company that has no money to move forward and is in trouble with the SEC.

What we know is the company is out of money, lost their office, is not SEC compliant and the CEO has been MIA since July.

Your baseless hype does nothing to change those facts.

Now if there's something we don't know, by all means let us know.

Good luck

FYI Authorized stock share increase

According to filings

Massechutess Records

When MMMW increased shares from 58,700,00 to 61,500,000 they had to pay a filing fee of $2800 to the state of Mass.

This was just a state filing fee and does not include any of the other costs such as shareholder notification, shareholder meeting, publications, stock fees, exchange fees, etc etc etc.

Based on public information that I have shared on here several times, MMMW didn't have the money to go through with the planned (and failed) authorized share increase this time. Without sales this essentially put the company out of business.

Whether this resulted from the SEC not approving the preliminary proxy statement or Ricker just running out of money I don't know.....and Ricker sure isn't addressing the shareholders regarding this or any other matter so all we have is speculation and educated guesses.

My opinion below:

At this point I think the next indicator we should look for is whether MMMW files its annual report to the state, which I'm not holding my breath waiting for. If it doesn't happen I suppose that since the debt associated with MMMW is due to Ricker( no third party debt to require bankruptcy proceedings, maybe?) the company might just quietly disappear into oblivion.

It was a great scheme though. MMMW shares pay Ricker, Ricker lends the money back to MMMW as debt, MMMW issues more shares, pays Ricker, Ricker lends money back to MMMW (more debt). I haven't researched it fully but It seems to me Ricker made a decent handful of money doing this and also guaranteed that if MMMW ever produced an income, he would get that too (repaid debt).

All the fluff was delivered under "forward looking statements" aka Ricker probably can't be held liable for anything he said.

Lets not forget that they had millions of dollars in sales commitments for their wind products a few years back and that resulted in no recorded revenue or sales either.

Rickers business and SEC filings are ALL suspect and deserve SEC scrutiny.

MMMW is out of money and SEC non-compliant. There is no money to have an office, file SEC forms and most importantly, make products to sell.

It is not a coincidence that Ricker(CEO) has been MIA since July.

My correspondence with MMMW from Sept.24 has not received a response.

All nice industry news but useless for a company that's broke, lost its office and whos CEO has been missing since July.

P.S. it's now October

Still no verifiable information regarding this supposed meeting. If you are telling the truth then share info, sources, etc.

Re: the office location removed from MMMW website and facebook

Correct address? yes. 95 Prescott Street, Worcester, MA 01605

This is a shared office environment co-op style office space
click here, notice the address, aka proof

Shared office members:does not include MMMW
look at the list, aka proof

I am backing up what I am saying. Your turn

Solarman


Still waiting on verification, proof, documentation or your source regarding your claim of a MMMW September meeting.

That's all, thanks.

That's $2190. 360k X .006
That's peanuts in the investing world.


Regarding shell co. It's funny how you guys are trying to embrace that as a positive thing after I originally brought it up to describe how useless MMMW has become.

If someone were to buy the company as a "shell" they would have to pay Ricker a couple hundred thousand dollars(estimated) he has "lent" the company. They would then have to work through years of filings and supposed contracts that give Ricker copyright and royalty rights and then square everything up with the SEC.

After that they would have to figure out what to do with the company.

Let's face it, if this STS had customers as Ricker has claimed in the past we would NOT be sitting here wondering why our CEO has been missing since July.

I'm perfectly OK with you all pumping the stock but let's be real. Contact Ricker, if the phones are still on and see what he says about the SEC issue and the fact that the company is out of money. Find out about this supposed demand for the STS as well. If you can manage to get him to take your call, we would all love to know what he has to say.

The accused basher, maybe

I've reached out to MMMW, SEC, State of MA, City and county govt, location of supposed shareholder meeting, office landlord and the register of record for the company.

I have posted factual information regarding what I have learned from various sources to better educate shareholders and prospective investors. I have also shared my opinions based on this information that I have learned and shared.

I have not advised anyone to buy, hold or sell this stock. I have advised people to reach out to MMMW and ask for answers and to do your own research.

About me: business owner since 2008 (I know how to run a business, profitable every year I might add), 5+ years factory experience(many qualifications including running and programming CNC machines. That's advanced computerized machining. I have experience and understand how to build things such as the STS MMMW designed. 5+ years in financial services(licenses held in - several different SEC securities, mortgage broker, life ins., annuities, prepaid legal, etc etc.). I have some understanding of finances and legal issues, although not an expert by any means.

Any opinions I have shared are based on these experiences and the factual data regarding MMMW that I have been able to obtain.

Point is this is me, say what you want and feel free to dispute anything I have posted on here, but please use verifiable information if you wish to have an honest conversation.

If I'm your basher, say so. And post facts with links to prove your claim. I am telling the truth about this company and just because the truth is ugly doesn't mean I am bashing.

Fact:MMMW office was listed on both the website and Facebook and has since been removed.

Fact: the office is not free and MMMW is out of money. The office is actually a shared building where you can buy access on a per day basis starting at $25/day, $200 for a desk or $400 for an office. Point is this isn't like a real business brick and mortar location. It's like a shared co-op and MMMW can't come up with $25 to stay a member and had to remove references to the location. search members, no mass megawattsalso check the Worcester location to confirm that this is in fact MMMW's previous address(as listed on this investorhub page).

Fact: the company is broke. It has no money to hire contractors. Please disclose any factual verifiable documentation that MMMW is hiring contractors and proof that some are working 60 hours a week.

This is basically a defunct company with an unproven product.

The company owes Ricker a couple hundred thousand dollars (estimated, according to what I've read in filings) and Ricker as a non employee has also written himself into product royalties should any sales materialize.

Point being, this wouldn't be as attractive to a buyer as you might think.

Also, the STS could be built in someone's garage in a week or two. There is no justification for the amount of time or costs associated with this product.

The real question that should be asked is where $7+ million dollars went under Rickers watch. This company had millions of dollars in project commitments/orders and no product deliveries or sales. There are a lot of questions that need answers including his latest statements regarding no shortage of customers.

If someone were to buy this company they better have deep pockets because there likely would be lawsuits coming.

The company ran out of money. Has no office. In trouble with the SEC and the CEO hasn't been seen or heard from since July.

Nothing wrong with waiting, but all the signs are NOT pointing towards good news so brace yourself because odds are against us and getting worse.

What part of no longer doing business did you guys miss. MMMW is broke and CEO is MIA.

Pistol Pete, kind of surprises me it isn't lower seeing how the company ran out of funding and the CEO is MIA.

Left Facebook post on MMMW page. I was greeted with a message that the post was set to be reviewed. I posted on there in the past and never received that message. Seems Ricker is taking new steps to keep frustrated shareholders from using Facebook to publicly ask questions.

I wonder why.

My bad. I was thinking it was an excerpt for some reason.

Hey cashforme,

Why don't you post the whole email Ricker sent you so we can confront him about what he's telling you vs what the numbers say.

That might help this board and your fellow shareholders get some details on the company.

Anyone got the balls to call Ricker?

I think people here are in denial. Nobody likes to pick a loser and admitting it and walking away is harder than denying and gradually losing everything.

I made two bad picks last year and both have gone bust. One oil co and this. Both were ultimately small positions but the reason I lost was due to lack of due diligence on my part.

At this point I am holding because my shares are basically worthless and I can only lose a few benjamins at this point if/when it goes to zero. I don't expect to see a bankruptcy filing in the near term because I don't think Ricker will come off his money to file anything.

If they do release any type of press releases of any sort I would honestly be equally shocked and sceptical. If you look at the history of this company it is very easy to come to the conclusion that Ricker has just been living off the stock for years and has little to no concern for investors. He is what I like to refer to as a POS....but hey, that's just my opinion.


It wouldn't surprise me if at some point Ricker closes up shop and takes the STS as payment for debt and tries to market it himself without having to share with MMMW shareholders. How realistic that is is beyond me and also assumes that Ricker still thinks there is value in the potential patents. There again, pure speculation.


I firmly believe Ricker is a POS for not leveling with shareholders.

Late Filing:

and




Here we have unreasonable expense and waiting on 3rd party information. No one is going to prepare your companies financial statements for free. It seems to me that someone could have made the effort to provide the 3rd party details by now. So that says that it is more likely an expense issue preventing the 3rd party from releasing the additional information.

If someone was maliciously withholding something to prevent MMMW from filing with the SEC that would likely be illegal. So it leads me to suspect its a financial issue as a result of MMMW being broke.


As far as shares go. I don't know how to make this any clearer.
Authorized shares: 61,500,000
Shares Available to issue: 106,213

NO ADDITIONAL SHARES have been authorized. The meeting and the vote never happened. You can verify this through the transfer agent that physically issues shares for MMMW:


And again to reiterate my point, I am not suggesting anyone make any financial moves based on what I have posted. For all anyone knows MMMW could announce a JV Monday and take off. I'm just showing my due diligence and explaining the current state of financial affairs at the company. It's hard to build STS systems with $600 capital. Call Ricker himself and see what he says. Call the Transfer agent above and confirm it for yourself. Check the website and facebook, the MMMW office is gone and so is the money.

I don't know how filing will work as there clearly is something preventing that from happening. All I am doing is showing factual evidence explaining what is happening.

I'm not advising anyone to take actions or anything like that.

I have no idea how a company proceeds from here with no financial means to follow SEC regulations. I'm just putting the facts out there so people know what is going on since Ricker wont.


I personally think everyone should blow up the MMMW phones, if they are still turned on. If you have questions or doubt what I am posting here, make the call.

Closing up shop 2

At a quick glance it appears that the address has also been removed from the company website as well.

I am pretty sure this should be enough evidence of what is going on here.

no new shares have been authorized. Ricker didn't have the money to pay the costs to complete the deal even if the vote had passed.

As of Friday 9/18/15 MMMW had Authorized shares: 61,500,000

MMMW is broke, there was no vote or share increase or anything else. It's done.

Closing up shop

I went to MMMW facebook page and on the left in the "About" section is says, "Ask for Mass Megawatts Wind Power's address."

MMMW facebook page

Looks like the address has been removed from their facebook page. This would seem to confirm that they don't have money to pay rent anymore and are probably moving whatever they have into someones garage.....or worse, maybe locks have been changed and that's why Ricker can't get the materials he needs to file the 10-k.

As of yesterday, Friday Sept. 18 2015 MMMW had less than $600 in capital and NO sales, pretty sure that means the company is broke.

That was the email sent to me by the transfer agent listed in the email. I copied and pasted it straight from my email, leaving nothing but my name off of course.

Facts: MMMW has 106,213 shares available at a market value of $594.79

If they were able to increase authorized shares and sell on the open market average volume would see about 90k shares move a day. At the current share price that would be $500 a day.....assuming MMMW was the only one selling shares which is highly unlikely.

For sake of argument, Solarman please explain how you honestly think Ricker could pull off an authorized share increase with $594.79 and currently being SEC non-compliant. I am interested in seeing how you think that could be done when Ricker doesn't even have the money to file the 10-k that is overdue. They weren't able to do it a few months back and are even worse financially now.

Not to mention rent, utilities, insurances, accountants, SEC fees, stock fees, etc. Etc etc. $594.79 doesn't go very far.

So please explain to us how you think Ricker can pull it off.

Response from Transfer agent below.

As I suspected, MMMW doesn't have enough stock to sell to make next months rent. I do believe someone's dream is over. Do the math yourself. I believe the company has less than $700 in stock at it's disposal. I don't think they have enough money to even file for bankruptcy.

talked to Suzy at OTR and she was very courteous. She didn't have access to the emails I sent so she couldn't comment on the lack of a response. She did however say that she would look into my request and email me back any info she can provide regarding the stock.



On a side note, has anyone called MMMW and straight up asked them WTF is going on? Clearly we aren't going to get any PR explaining anything. Maybe someone should call and pretend to be a customer and see what the response to that is. I won't make these calls because I would end up being a jerk yelling at someone:)

Have not had time, 18 hr workdays the past week killing me. No response to emails. Will try and remember to call tomorrow.

So Ricker's giving you the inside scoop on operations. Pardon me for being sceptical.

Per MMMW: two men one day to install.

No shortage of customers yet product completed in June.

Task one:
Someone give me a sales rundown based on ONLY two installers, five days a week for July and August.

Task two:
One of you pumpers give me a positive spin on ALL of the following:

Shareholder meeting canceled with no company explanation.

SEC non-compliance

No verifiable projects or sales announced. Keep in mind they released meaningless LOI from that marijuana company.

MMMW having $35000 available almost 4 months ago.

Thanks in advance.

According to filing 7/21/15 Ricker held 3,223,720 shares.

That's $19,342.32 worth of company stock. I could take control of this company from him within a week.

Point is that it wouldn't take much money at all to complete a takeover if someone wanted to. No one has and this thing has been lower (0.003ish) so I personally don't see in happening.

I question the product value vs debt owed to Ricker at this point not to mention a host of SEC issues. A few were mentioned by another poster earlier but there are more.

I sent email first. Like leaving a record just because you never know.

I have sent two emails to the Transfer Agent this week requesting information and no response. I suppose I'll call tomorrow if no one else does.

I'll keep ya posted.

That's the bottom line, MMMW is broke. Ricker may be able to avoid bankruptcy by closing up shop and leaving it as a dormant company but what good is that?

There are other SEC issues with Rickers filings. I don't know what the SEC will do about it but there are other issues.

All this talk about toxic debt is just denial. Wonder how much everyone has lost on this stock. Maybe they are so far in the hole they have no other hope. I feel bad. I have less than $2000 in this stock so it's not a huge loss for me. I just keep reminding others whats going on so that maybe I will save some poor soul a few bucks.

True but meaningless for MMMW. It's hard to move forward with a company that is essentially broke.

I can't see how this company moves forward without being run out of Ricker's garage. Rent and utilities have to be paid and with no money it becomes difficult keeping a commercial location.

No announced project completions either means no money or Ricker is screwing over shareholders. I think it's the former not the latter. After all, two men one day completion rate would have lots of installations completed already.

This supports my calculations that we are out of SEC compliance because the company is broke and has no money to get compliant or pay listing costs.

With the actions of the CEO we surely don't need any help depressing share price and being out of SEC compliance won't help raise funds.

None of this matters by my calculations because MMMW doesn't even have money for rent or utilities at this point. Maybe Ricker should move what's left of this thing to his garage at home.

Bottom line is that everything points to being out of money. This leads to bankruptcy in most situations. I would like to be wrong because I am a shareholder and I don't like losing money but this seems to be the most logical explanation.

Correct me if I'm wrong but he doesn't have anything to offer to get the toxic debt if he wanted to. There is no stock and the are no stock options available for that. Toxic debt is toxic because it dilutes shareholder value. There is no stock available and Ricker couldn't pull off a standard AS increase. If the annual meeting with share increase was canceled for a good reason it would have been announced, not leaving shareholders hanging.

Debt(even toxic debt) would give funding to move forward. From my calculations Ricker doesn't have the money to fund a meeting and shareholder vote, pay SEC filing costs, pay listing exchange or rent and utilities. MMMW is on life support according to the publicly available information. Anyone who looks at the financials and does the math can not dispute this.

I would love for someone else to crunch the numbers and show their math on here explaining how I could possibly be wrong. I don't think it's possible.


The only thing I can see that might be different is if Ricker sold his shares and if so he hasn't reported it. That would but the company a few more months.