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Wednesday, 09/30/2009 8:43:39 PM

Wednesday, September 30, 2009 8:43:39 PM

Post# of 6670
Mass Megawatts Wind Power, Inc. (the "Company") cautions readers that in addition to important factors described elsewhere, the following important facts, among others, sometimes have affected, and in the future could affect, the Company's actual results, and could cause the Company's actual results during 2010 and beyond to differ materially from those expressed in any forward-looking statements made by, or on behalf of the Company.

The Company has not had significant revenues from operations since its inception, but has raised funds through other means to maintain liquidity. Specifically, the Company raised capital with a private placement memorandum under Regulation D, Rule 506, selling shares of its common stock to raise $175,000 for the three months ended July 31, 2009. The Company has dedicated approximately $75,000 of this money to be used to upgrade existing prototypes costs in excess of billings on current projects to be utilized for manufacturing. The Company has also spent approximately $100,000 for administration, working capital, marketing, and advertising.

There is substantial doubt that the Company will have sufficient cash flows from operations to fund its operations for a minimum of 12 months following April 30, 2009 and is therefore dependent on financing from issuing capital stock or debt. In July 2009, the shareholders approved an increase of its authorized common stock from 7,000,000 to 12,000,000 shares. Mass Megawatts plans to continue to pursue additional equity financing to provide funds for operations.

The Company also expects to generate sales in fiscal 2010 and expects to be able to fund its operations for an additional 12 months, but cannot predict with any certainty its ability to do so. In April of 2009 the Company entered into two separate agreements to sell wind power projects for a total of $2.1 million. Without additional future sales, there is substantial doubt about the Company’s ability to continue as a going concern.

http://yahoo.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=6804846-1015-54484&type=sect&dcn=0001140361-09-021201
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