Mass Megawatts Wind Power Inc. (MMGW) news stock charts
Mass Megawatts Wind Power Inc. (MMGW/MMGW.OB) Investment Summary:
Mass Megawatts Wind Power, Inc., a development stage company, engages in the production of wind turbines and sale of wind generated electricity in the United States. It develops prototype wind energy production equipment. The company intends to build, patent, and operate wind energy generated power plants utilizing its licensed MultiAxis Turbine technology. It would sell the generated electricity to the power commodity exchange on the open market, initially in California. The company, formerly known as Mass Megawatts Power, Inc., was founded in 1997 and is headquartered in Shrewsbury, Massachusetts.MASS MEGAWATTS WIND POWER IN (MMGW:OTC Bulletin Board Market)
Snapshot of MASS MEGAWATTS WIND POWER IN (MMGW)
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OPEN
$0.74
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PREVIOUS CLOSE
$0.77
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DAY HIGH
$0.77
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DAY LOW
$0.74
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52 WEEK HIGH
04/23/09 - $1.74
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52 WEEK LOW
04/2/09 - $0.51
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MARKET CAP
6.2M
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AVERAGE VOLUME 10 D
10.7K
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EPS TTM
$-0.15
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SHARES OUTSTANDING
8.0M
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MMGW Does Not Pay Dividends
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P/E TTM
--
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| K = Thousands M = Millions B = Billions | ||
Key developments for MASS MEGAWATTS WIND POWER IN (MMGW)
Mass Megawatts Wind Power Inc. reported earnings results for the third quarter ended January 31, 2010. For the quarter, the company reported a net loss of one cent per share or $96,935. In the same period last year, the company reported a net loss of three cents per share or $147,865 for the same quarter ended January 31, 2009.
Mass Megawatts Wind Power Inc. announced that Catskill Mountain Wind Management Inc. had accepted the company's newest version of its technology, which was a prerequisite for Catskill's purchase from Mass Megawatts of a number of demonstration units to be installed throughout New York State to promote the MAT (Multi-Axis Turbosystem) and Augmenter System. Under the terms of an agreement with Catskill, Mass Megawatts was required to have a commercialized version of its new Augmenter System (patent pending) installed, and have achieved an augmentation benchmark (increase in wind speed velocity entering the wind turbine area) over a month period of greater than 50%. Recently, Mass Megawatts announced that the new version of its Augmenter System, which was installed on its Hunter, New York project had maintained an augmentation level of 70% for over 30 days, and an average increase in wind velocity for that period of 70%.
Mass Megawatts Wind Power Inc. announced the first data sets from its Hunter, NY wind power project. It is the company's first project incorporating a full blown Augmenter System, and, initial data indicated that the company anticipated an increase in wind velocity through the System of close to 55%. In the data compiled in the past 30 days, the Hunter Project has achieved more than 70% augmentation during its first month of operation. The initial results look good. During the course of these first two months the company had seen every level of wind speed, from dead calm to gusts of 60 mph, and have had combinations of prevailing winds from every degree on the compass, and second by second, minute by minute and day by day the System has averaged out at more than 70% increased wind speed.
Mass Megawatts Wind Power Inc. financial resources
MMGW Competitors
| Company | Last | Change | |
| No competitor information is available for MMGW. | |||
| Market data is delayed at least 15 minutes. | |||
Industry Analysis
| Valuation | MMGW | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 224.7x |
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| Price/Book | NM | Not Meaningful |
| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | 244.9x |
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MMGW |
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MMGW transactions
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| No transactions in the last 6 months. | ||
More Recent Financial News About Mass Megawatts Wind Power Inc.
Mass Megawatts Wind Power, Inc. Reports for Third Fiscal Quarter Ended January 31, 2010
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Mass Megawatts Wind Power, Inc. Reports for Third Fiscal Quarter Ended January 31, 2010
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MASS MEGAWATTS WIND POWER INC Files SEC form 10-Q, Quarterly Report
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MASS MEGAWATTS WIND POWER INC Files SEC form 8-K, Results of Operations and Financial Condition
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Mass Megawatts Wind Power, Inc. Releases Hunter, NY Project Results
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Mass Megawatt Licensee Announces $10,800,000 Contract
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Mass Megawatts Wind Power, Inc. Releases Hunter, NY Project Results
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Mass Megawatt Licensee Announces $10,800,000 Contract
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Mass Megawatts Wind Power, Inc. Starts Testing New York Project
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Mass Megawatts Reports for Second Fiscal Quarter Ended October 31, 2009
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Mass Megawatts Wind Power, Inc. Starts Testing New York Project
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MASS MEGAWATTS WIND POWER INC Files SEC form 10-Q, Quarterly Report
Read article
Mass Megawatts Reports for Second Fiscal Quarter Ended October 31, 2009
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MASS MEGAWATTS WIND POWER INC Files SEC form 8-K, Results of Operations and Financial Condition
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MASS MEGAWATTS WIND POWER INC Files SEC form 8-K, Regulation FD Disclosure
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Mass Megawatts Wind Power, Inc. Licensee Announces Letter of Understanding for $5,800,000 of Power Projects
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MASS MEGAWATTS WIND POWER INC Files SEC form 8-K, Results of Operations and Financial Condition
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