In other news, Mass Megawatts raised enough funds recently to eliminate its remaining debt. The company also raised enough cash to expand its ongoing operations. Mass Megawatts, a company with only nine million shares issued and outstanding, has essentially reduced to near zero all company debt. Additionally, the Company no longer experiences a severe cash flow problem.
Most of the time including the recent past, Mass Megawatts was burdened with cash and debt issues. As a result, Mass Megawatts is now financially poised to achieve their next goal of preparation for mass production of their MAT wind turbines. Once independent, third-party verification of the latest technology of the "Wind Prism" is completed, Mass Megawatts can effectively expand the marketing of their product as having a competitive edge over the standard propeller-style technologies.
