Mass Megawatts Wind Power Inc (MMMW)

[wmyers4u2]

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).