Mass Megawatts Enters the OTCQB Marketplace while Advancing its Near-Zero Torque, Solar-Power Tracking System


Follow this company

Companies Mentioned

OTC:BB:MMMW
09/02/2014 [ACCESSWIRE]

Mass Megawatts Enters the OTCQB Marketplace while Advancing its Near-Zero Torque, Solar-Power Tracking System

WORCESTER, Mass / ACCESSWIRE / September 2, 2014 / Mass Megawatts Wind Power, Inc. (OTCQB: MMMW) reports that it has been verified for trading on the OTCQB Venture Marketplace as of August 29, 2014.   Operated by the OTC Markets Group, the OTCQB provides a marketplace for entrepreneurial and development stage companies that report to a U.S. regulator, such as the SEC.

The OTCQB has recently replaced the Financial Industry Regulatory Authority (FINRA)-operated OTC Bulletin Board (OTCBB) as the main market for trading most SEC reporting OTC securities.  Investors can find current financial disclosure and Real-Time Level 2 quotes for the company on http://www.otcmarkets.com/.

Mass Megawatts also reports that its patent-pending, Solar-Power Tracking System (STS), with near-zero dynamic torque and near-zero static torque, has implemented production improvements while preparing for commercial launch throughout the US and North America.  Product and sales inquiries have continued to indicate strong demand for the company’s solar tracking system.  Commercial production of the enhanced STS is anticipated to being in the next few months.

The patent pending, Mass Megawatts 'Solar-Power Tracking System' (STS) is a complete solar-power system designed to automatically adjust the position of its solar panels throughout the day to receive an optimal level of direct sunlight.  Unlike other solar tracking technologies, the Mass Megawatts STS utilizes a low-cost structure that adds stability to the overall system while improving energy production levels up to 28%.

Starting at 6.25 kW rated units, a Mass Megawatts STS system is appropriate for ground-level, residential and business sites, as well as, commercial, roof-top installations. Mass Megawatts coordinates all aspects of system delivery, including permitting, installation, and working to obtain any available tax incentives. They monitor the performance of each system, and provide a full, performance guarantee.

With its patent pending, Solar Tracking System, Wind Electric-Power Generation system, a new retail sales business, only approximately 50 million shares issued and outstanding, and very little debt, Mass Megawatts believes it is well positioned to ramp-up production in the shorter term while expanding its infrastructure to support mass-production goals in the longer term.

This press release contains forward-looking statements that could be affected by risks and uncertainties. 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.

Product information and sales inquiries can be made through the company's contact page at http://www.massmegawatts.com/

Contact Information:

Mass Megawatts Wind Power, Inc.
(508) 751-5432
http://www.massmegawatts.com/

 

Source: Mass Megawatts Wind Power, Inc.

COMMENTS

Leave a comment...
 * 

Your Name
 *