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Thursday, 06/04/2015 1:55:35 PM

Thursday, June 04, 2015 1:55:35 PM

Post# of 6616
A little MMMW history

This article is older and focuses on wind which from what I've read is DOA. To be fair MMMW is going in another direction now so I wouldn't judge by past wind failures. What I found interesting is that it seems communicating and updating shareholders and interested parties has been a long-term problem with Ricker.

http://m.wbjournal.com/article/20120109/PRINTEDITION/301099985/hoping-for-a-gust-of-success--founder-hopes-it-has-turned-the-corner-but-15-year-old-worcester-wind-power-firm-has-struggled

In April 2009, Mass Megawatts announced it had sold a $1.1 million wind power project to a company called Electric City Wind Power Corp. Over the following months, it announced that Electric City, working under a license from Mass Megawatts, had signed contracts with local investors to sell them $16.6 million worth of Mass Megawatts technology that would be used to generate power in various parts of Pennsylvania............. Goes on to say "We have never been given a working model (of the technology) from Mass Megawatts," Powell said. "Never shown a working model … We were led to believe there was not only a working model but in a short time period we could erect real production."
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