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Mass Megawatts Inc
523 Southbridge Street
Phone: (508) 942-3531p:508 942-3531 WORCESTER, MA  01610  United States Ticker: MMGW MMGW

On 5/3/2024, the Securities and Exchange Commission (SEC) charged BF Borgers CPA PC and its owner, Benjamin F. Borgers, with significant violations of Public Company Accounting Oversight Board (PCAOB) standards across more than 1,500 SEC filings from January 2021 to June 2023. The charges included falsely representing compliance with PCAOB standards to clients, fabricating audit documentation, and inaccurately stating compliance in audit reports. According to the SEC's order, of 369 BF Borgers' clients whose public filings from January 2021 through June 2023 incorporated the firm's audits and reviews, at least 75 percent of the filings incorporated audits and reviews that did not comply with PCAOB standards. The financials in this report may include past audits and reviews conducted by BF Borgers CPA PC that are deemed not compliant with PCAOB standards.

Business Summary
Mass Megawatts, Inc. is engaged in developing a solar tracker for production to produce sales in the near term and wind energy production equipment for applications in the longer term. The Company has solar tracker prototypes for the purpose of testing and finalizing the design before any commercial or mass production. It is finding locations for operating facilities for its solar project using the solar tracker technology. In addition to its solar projects, the Company intends to build and operate wind energy-generated power plants utilizing MultiAxis Turbine technology. Its Mass Megawatts Solar Tracking System (STS) is a solar power system that is designed to continually adjust the position of solar panels to receive the optimal level of direct sunlight throughout the day. The system is designed to handle weather and winds up to 120 mph. The tracking technology allows the panels to receive more direct sunlight and to generate more solar power for the customer.

Scores and Ratings
FRISK®
Score
Z''
Score
PAYCE®
Score
DBT
Index
Moody's
Rating
Fitch
Rating
DBRS
Rating
-Yes-----

Financials, News and Filings
Latest
Statement
Last
Audit

News
SEC
Filings
Bankruptcy
Filings
Suit &
Judgment
Filings
Tax
Lien
Filings
1/31/20244/30/2023YesYes---

Officers and Directors

Title

Name

Age
Title
Date
Start
Date
Chairman of the Board, Chief Executive Officer JonathanRicker 62
Chief Operating Officer, Director MarkVartanian 59 12/27/2022 12/27/2022
Director ScottTaber 63 1/24/2024 1/24/2024

Business Names
Business Name
MASS MEGAWATTS WIND POWER INC
Mass Megawatts Power, Inc.
Mass Megawatts Wind Power, Inc.
MMGW
MMMW

General Information
Outstanding Shares: 172,214,579 (As of 3/14/2024)
Shareholders: 553
Stock Exchange: OTC
Federal Tax Id: 043402789
Fax Number: (508) 842-1586


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Sunday, May 12, 2024