December 15, 2010
Losses Continue For Mass Megawatts
By Christina Davis
Worcester wind-turbine maker Mass Megawatts Wind Power reported that its third-quarter loss narrowed slightly from $181,000 last year to $124,000 this year.
The company, which has 10 million shares on the Over the Counter Bulletin Board, is in the research and development stage and reported no revenue for the quarter.
At the end of the quarter, Mass Megawatts had $116,000 of cash on hand.
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