Worcester, Mass., March 8, 2002 — Mass Megawatts Wind Power Inc. now has seven market makers involved with making a market in the company stock.
Recently, Mass Megawatts Wind Power, Inc. began trading on the Over The Counter Bulletin Board just after Form 211 requiring a due diligence process with the NASD filed with Herzog Heine Geduld, a Merrill Lynch Company, was approved.
Along with Herzog Heine Geduld, Carl P. Sherr and Company, Knight Securities, Hill Thompson, Wm. V. Frankel, Wein Securities, and Schwab Capital Markets who see growth opportunities with Mass Megawatts Wind Power, Inc.
Mass Megawatts Wind Power, Inc. produces clean, cost-effective wind generated power capitalizing on a new wind turbine design, the Multi-Axis Turbosystem(MAT), that uses less material, costs less, and has smaller blades than traditional wind turbines.
Mass Megawatts Wind Power, Inc. technology, the fastest growing segment of the $600 billion worldwide energy market, allows production of electricity at less than 2.4 cents per kWh in high wind areas not including a federal tax credit of 1.5 cents per kWh.