8-K 1 form8-k.txt MASS MEGAWATTS WIND POWER INC 8-K 8-5-2007 SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (DATE OF EARLIEST EVENT REPORTED) August 5, 2007 MASS MEGAWATTS WIND POWER, INC. (EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER) MASSACHUSETTS -------------------------------------------- (STATE OR OTHER JURISDICTION OF INCORPORATION) 000-32465 04-3402789 --------------- -------------------- (COMMISSION FILE NUMBER NO.) (IRS EMPLOYER IDENTIFICATION NO.) 95 Prescott Street Worcester, MA 01605 -------------------------------------------- (ADDRESS OF PRINCIPAL EXECUTIVE OFFICES) Registrant's telephone number, including area code: (508) 751-5432 ------------------------------ NOT APPLICABLE (Former Name or Former Address, if Changed Since Last Report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Item 7.01 Regulation FD Disclosure On July 30, 2007, Mass Megawatts Wind Power, Inc. issued a press release disclosing certain financial results for the fiscal year ended April 30, 2007. Mass Megawatts Wind Power, Inc. (www.massmegawatts.com) reported a net loss of 9 cents per share or $327,954 in the fiscal year ending April 30,2007. In the previous fiscal year ending April 30,2006, there was a net loss of 10 cents per share or $316,565. After the end of the fiscal year, Mass Megawatts became a revenue producing company for the first time in its corporate history with the sale of wind power plant equipment. Revenue will be recognized in the quarter ended July 31, 2007. Additionally, the company has other signed contracts that have not been completed. Revenue for accounting purposes can only be recognized when the sale of the product is produced and delivered. As part of the company's sales program, Mass Megawatts has started marketing its product, the Multiaxis Turbosystem, using financial analysis materials allowing the company's potential customer base to identify effective financing methods. In another recent development, Mass Megawatts improved its product design in order to reduce the cost of wind power with the use of modified augmenters and diffusers. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. MASS MEGAWATTS WIND POWER, INC. (Registrant) Dated: August 5, 2007 By: /s/ Jonathan C. Ricker ------------------------------ Jonathan C. Ricker Chief Executive Officer Chief Financial Officer