Mass Megawatts Wind Power, Inc. Returns to the OTCBB
WORCESTER, Mass., March 31, 2011 /PRNewswire/ -- Mass Megawatts Wind Power, Inc. (OTC Bulletin Board: MMMW) is pleased to announce that the Company can begin trading again on the Over the Counter Bulletin Board (OTCBB). Mass Megawatts is a fully compliant SEC reporting company as required for its listing on the OTCBB.
In an unrelated development, Mass Megawatts discloses a new patent pending innovation not directly related to its core business of wind power. In an analysis of wind velocity augmentation, the impact of fast moving air related to the velocity cubed formula of wind power has a greater impact with solid objects. As a method of enhancing military goals while reducing the loss of life, the advancement of military technology in recent decades with precision guided munitions could be enhanced as heavy and non explosive impact devices in specific and limited applications. For existing munitions, the explosive section could be replaced with a non explosive and heavy object. In a potential application, directing one or more non explosive fast moving laser guiding munitions on a targeted military vehicle may effectively destroy the targeted object without damaging nearby structures in high population civilian areas. Further research would be required for determining the practical applications of non explosive munitions.
Mass Megawatts continues its efforts to be a leading provider of choice for wind power which boasts a system designed to operate effectively without high towers or complicated, expensive technologies. Utilizing off-the-shelf parts and a simple and quiet wind augmentation system, the "MAT" can produce electricity comparable to the competition but with lower construction and maintenance costs.
This press release contains forward-looking statements that could be affected by risks and uncertainties, including but not limited to Mass Megawatts Wind Power, Inc. 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, Inc. to achieve or maintain necessary zoning approvals with respect to the location of its MAT 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, Inc.
SOURCE Mass Megawatts Wind Power, Inc.
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