Mass Megawatts Wind Power Inc (MMMW)

[wmyers4u2]

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.