Mass Megawatts Wind Power MMMW Gets Help From the JOBS Act to be Signed Into Law Tomorrow
WORCESTER, Mass., April 4, 2012 /PR Newswire/ -- Mass Megawatts Wind Power, Inc. (OTC Bulletin Board: MMMW.OB) will no longer have to be silent when they raise capital. Mass Megawatts could not only advertise, but they can talk to the news media about their offerings after clearing the new Section 201 procedures with a securities law attorney within a few months of the JOBS Act being signed. The new law will allow Mass Megawatts to target our advertising to high net worth investors within a short driving distance of our demonstration wind power units.
Mass Megawatts Wind Power is currently preparing an improved wind augmenter for production. The newest version of the Mass Megawatts augmenter is a more cost effective method for increasing wind velocity and the resulting power output. The new Mass Megawatts Wind Power augmenter technology reduces the cost for heavy and expensive components being required by earlier versions of wind augmenters.
In recent Mass Megawatts Wind Power news, MMMW started production of its wind-powered, water pump system. Construction was completed in December 2011 on the initial unit, which provides a low-cost solution for water pump applications commonly needed on farms and ranches throughout the central plains of the United States.
This press release contains forward-looking statements that could be affected by risks and uncertainties, including but not limited to Mass Megawatts Wind Power's ability to produce a cost-effective wind energy conversion device. Among the factors that could cause actual events to differ materially from those indicated herein are: the failure of Mass Megawatts Wind Power, also known as Mass Megawatts Windpower, to achieve or maintain necessary zoning approvals with respect to the location of its power developments; the ability to remain competitive; to finance the marketing and sales of its electricity; general economic conditions; and other risk factors detailed in periodic reports filed by Mass Megawatts Wind Power. Additionally, Mass Megawatts Wind Power stock quote and Mass Megawatts stock price may be impacted by global conditions. Mass Megawatts Wind Power expected uncertainty on the Mass Megawatts stock price and the MMMW stock quote.
SOURCE Mass Megawatts Wind Power, Inc.