Mass Megawatts Wind Power (MMMW) 10-Q 2 Mar 23 2023 Q3 Quarterly report Financial data

Cover

Cover - shares	9 Months Ended
	Jan. 31, 2023	Mar. 01, 2023
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Quarterly Report	true
Document Transition Report	false
Document Period End Date	Jan. 31, 2023
Document Fiscal Period Focus	Q3
Document Fiscal Year Focus	2023
Current Fiscal Year End Date	--04-30
Entity File Number	000-32465
Entity Registrant Name	Mass Megawatts Wind Power, Inc
Entity Central Index Key	0001117228
Entity Tax Identification Number	04-3402789
Entity Incorporation, State or Country Code	MA
Entity Address, Address Line One	100 Boston Turnpike
Entity Address, Address Line Two	Ste J9B#290
Entity Address, City or Town	Shrewsbury
Entity Address, State or Province	MA
Entity Address, Postal Zip Code	01545
City Area Code	508
Local Phone Number	942-3531
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		149,489,579

Balance Sheets (Unaudited)

Balance Sheets (Unaudited) - USD ($)	Jan. 31, 2023	Apr. 30, 2022
Current assets:
Cash	$ 10,376	$ 107,864
Deposits and other current assets	1,000	1,000
Total current assets	11,376	108,864
Total assets	11,376	108,864
Current liabilities:
Accounts payable and accrued liabilities	110,030	99,508
Deferred revenue	27,100	27,100
Advances - related party	1,994
Total current liabilities	139,124	126,608
Total liabilities	139,124	126,608
STOCKHOLDERS’ DEFICIT
Common stock, no par value, 160,000,000 shares authorized, 149,139,579 and 137,764,579 shares issued and outstanding, respectively	8,605,563	8,527,825
Additional paid in capital	1,569	1,569
Accumulated deficit	(8,734,880)	(8,547,138)
Total stockholders’ deficit	(127,748)	(17,744)
Total liabilities and stockholders’ deficit	$ 11,376	$ 108,864

Balance Sheets (Unaudited) (Par

Balance Sheets (Unaudited) (Parenthetical) - $ / shares	Jan. 31, 2023	Apr. 30, 2022
Statement of Financial Position [Abstract]
Common stock, par value	$ 0	$ 0
Common stock, shares authorized	160,000,000	160,000,000
Common stock, shares issued	149,139,579	137,764,579
Common stock, shares outstanding	149,139,579	137,764,579

Statements of Operations (Unaud

Statements of Operations (Unaudited) - USD ($)	3 Months Ended		9 Months Ended
	Jan. 31, 2023	Jan. 31, 2022	Jan. 31, 2023	Jan. 31, 2022
Operating expenses:
General and administrative	$ 38,415	$ 79,229	$ 187,742	$ 193,308
Total operating expenses	(38,415)	(79,229)	(187,742)	(193,308)
Net loss	$ (38,415)	$ (79,229)	$ (187,742)	$ (193,308)
Loss per share - basic	$ 0	$ 0	$ 0	$ 0
Loss per share - diluted	$ 0	$ 0	$ 0	$ 0
Weighted average shares outstanding - basic	145,214,304	137,218,425	140,963,943	133,008,215
Weighted average shares outstanding - diluted	145,214,304	137,218,425	140,963,943	133,008,215

Statements of Changes in Stockh

Statements of Changes in Stockholders' Deficit (Unaudited) - USD ($)	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Total
Beginning balance, value at Apr. 30, 2021	$ 8,203,325	$ 1,569	$ (8,261,784)	$ (56,890)
Ending balance, shares at Apr. 30, 2021	128,964,579
Net loss			(65,990)	(65,990)
Common shares for cash	$ 34,500			34,500
Common shares for cash, shares	1,800,000
Ending balance, value at Jul. 31, 2021	$ 8,237,825	1,569	(8,327,774)	(88,380)
Ending balance, shares at Jul. 31, 2021	130,764,579
Beginning balance, value at Apr. 30, 2021	$ 8,203,325	1,569	(8,261,784)	(56,890)
Ending balance, shares at Apr. 30, 2021	128,964,579
Net loss				(193,308)
Ending balance, value at Jan. 31, 2022	$ 8,527,825	1,569	(8,455,092)	74,302
Ending balance, shares at Jan. 31, 2022	137,764,579
Beginning balance, value at Jul. 31, 2021	$ 8,237,825	1,569	(8,327,774)	(88,380)
Ending balance, shares at Jul. 31, 2021	130,764,579
Net loss			(48,089)	(48,089)
Common shares for cash	$ 30,000			30,000
Common shares for cash, shares	1,200,000
Ending balance, value at Oct. 31, 2021	$ 8,267,825	1,569	(8,375,863)	(106,469)
Ending balance, shares at Oct. 31, 2021	131,964,579
Net loss			(79,229)	(79,229)
Common shares for cash	$ 260,000			260,000
Common shares for cash, shares	5,800,000
Ending balance, value at Jan. 31, 2022	$ 8,527,825	1,569	(8,455,092)	74,302
Ending balance, shares at Jan. 31, 2022	137,764,579
Beginning balance, value at Apr. 30, 2022	$ 8,527,825	1,569	(8,547,138)	(17,744)
Ending balance, shares at Apr. 30, 2022	137,764,579
Net loss			(91,842)	(91,842)
Ending balance, value at Jul. 31, 2022	$ 8,527,825	1,569	(8,638,980)	(109,586)
Ending balance, shares at Jul. 31, 2022	137,764,579
Beginning balance, value at Apr. 30, 2022	$ 8,527,825	1,569	(8,547,138)	(17,744)
Ending balance, shares at Apr. 30, 2022	137,764,579
Net loss				(187,742)
Common shares for services	$ 2,900
Common shares for services, shares	100,000
Ending balance, value at Jan. 31, 2023	$ 8,605,563	1,569	(8,734,880)	(127,748)
Ending balance, shares at Jan. 31, 2023	149,139,579
Beginning balance, value at Jul. 31, 2022	$ 8,527,825	1,569	(8,638,980)	(109,586)
Ending balance, shares at Jul. 31, 2022	137,764,579
Net loss			(57,485)	(57,485)
Common shares for cash	$ 44,250			44,250
Common shares for cash, shares	5,600,000
Common shares for services	$ 2,900			2,900
Common shares for services, shares	100,000
Ending balance, value at Oct. 31, 2022	$ 8,574,975	1,569	(8,696,465)	(119,921)
Ending balance, shares at Oct. 31, 2022	143,464,579
Net loss			(38,415)	(38,415)
Common shares for cash	$ 30,588			30,588
Common shares for cash, shares	5,675,000
Ending balance, value at Jan. 31, 2023	$ 8,605,563	$ 1,569	$ (8,734,880)	$ (127,748)
Ending balance, shares at Jan. 31, 2023	149,139,579

Statements of Cash Flows (Unaud

Statements of Cash Flows (Unaudited) - USD ($)	9 Months Ended
	Jan. 31, 2023	Jan. 31, 2022
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss	$ (187,742)	$ (193,308)
Adjustments to reconcile net loss to net cash used in operating activities:
Stock-based compensation	2,900
Changes in operating assets and liabilities:
Accounts payable and accrued liabilities	10,522	2,735
Advances - related party	1,994
CASH FLOWS USED IN OPERATING ACTIVITIES	(172,326)	(190,573)
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from sale of common shares	74,838	324,500
CASH FLOWS PROVIDED BY FINANCING ACTIVITIES	74,838	324,500
NET CHANGE IN CASH	(97,488)	133,927
Cash, beginning of period	107,864	70,687
Cash, end of period	10,376	204,614
SUPPLEMENTAL CASH FLOW INFORMATION
Cash paid on interest expenses
Cash paid for income taxes

Nature of Business

Nature of Business	9 Months Ended
	Jan. 31, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Nature of Business	Note 1. Nature of Business Mass Megawatts Wind Power, Inc. (“Mass Megawatts” or the “Company”), a Massachusetts corporation, was incorporated as Mass Megawatts, Inc. on May 27, 1997. Mass Megawatts, Inc. changed its name in January 2001 to Mass Megawatts Power, Inc. Mass Megawatts Power, Inc. changed its name on February 27, 2002 to Mass Megawatts Wind Power, Inc. Mass Megawatts’ principal line of business is to develop its prototype wind energy production equipment and locate and adapt suitable operating facilities. It intends to build, patent, and operate wind energy generated power plants utilizing proprietary MultiAxis Turbine technology. Mass Megawatts expects to sell the generated electricity to the power commodity exchange on the open market, initially in California. In September 2014, Mass Megawatts introduced a program to develop and market a new solar tracking technology. The corporate headquarters is located in Worcester, Massachusetts.

Summary of Significant Accounti

Summary of Significant Accounting Policies	9 Months Ended
	Jan. 31, 2023
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Note 2. Summary of Significant Accounting Policies Basis of Presentation The accompanying unaudited interim financial statements of Mass Megawatts have been prepared in accordance with accounting principles generally accepted in the United States of America and the rules of the Securities and Exchange Commission (“SEC”) and should be read in conjunction with the financial statements and notes thereto contained in the Company’s fiscal 2022 filing. In the opinion of management, all adjustments, consisting of normal recurring adjustments, necessary for a fair presentation of financial position and the results of operations for the interim periods presented have been reflected herein. The results of operations for our interim periods are not necessarily indicative of the results to be expected for the full year. Notes to the financial statements that would substantially duplicate the disclosure contained in the financial statements for fiscal 2022, have been omitted. Use of Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and at the date of the financial statements and the reported amounts of expenses during the reporting period. Actual results could differ from these estimates. Significant estimates in the accompanying financial statements involved the valuation of common stock and stock based compensation. Related Parties The Company follows ASC 850, “Related Party Disclosures,” for the identification of related parties and disclosure of related party transactions. Fair Value of Financial Instruments The Company’s financial instruments consist primarily of cash and accounts payable. The carrying values of these financial instruments approximate their respective fair values as they are short-term in nature or carry interest rates that approximate market rate. Advertising and Marketing Costs We expense advertising and marketing costs as incurred. Advertising and marketing costs were $ 65,005 46,298 Recent Accounting Pronouncements The Company does not believe that any recently issued effective pronouncements, or pronouncements issued but not yet effective, if adopted, would have a material effect on the accompanying financial statements.

Going Concern

Going Concern	9 Months Ended
	Jan. 31, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Going Concern	Note 3. Going Concern These financial statements have been prepared in accordance with generally accepted accounting principles applicable to a going concern, which assumes that the Company will be able to meet its obligations and continue its operations for its next fiscal year. Realization values may be substantially different from carrying values as shown and these financial statements do not give effect to adjustments that would be necessary to the carrying values and classification of assets and liabilities should the Company be unable to continue as a going concern. At January 31, 2023, the Company had not yet achieved profitable operations and expects to incur further losses in the development of its business, all of which raise substantial doubt about the Company’s ability to continue as a going concern. The Company’s ability to continue as a going concern is dependent upon its ability to generate future profitable operations and/or to obtain the necessary financing to meet its obligations and repay its liabilities arising from normal business operations when they come due. Management has no formal plan in place to address this concern but considers that the Company will be able to obtain additional funds by equity financing and/or related party advances, however, there is no assurance of additional funding being available.

Related Party Transactions

Related Party Transactions	9 Months Ended
	Jan. 31, 2023
Related Party Transactions [Abstract]
Related Party Transactions	Note 4. Related Party Transactions During the nine months ended January 31, 2023 and 2022, the Company paid the President $ 38,750 40,000 1,994

Equity

Equity	9 Months Ended
	Jan. 31, 2023
Equity [Abstract]
Equity	Note 5. Equity On October 20, 2022, the Company filed articles of amendment to increase its authorized common shares to 160,000,000 no During the nine months ended January 31, 2023, the Company sold 11,275,000 74,838 During the nine months ended January 31, 2023, the Company issued 100,000 2,900

Subsequent Events

Subsequent Events	9 Months Ended
	Jan. 31, 2023
Subsequent Events [Abstract]
Subsequent Events	Note 6. Subsequent Events On February 21, 2023, the Company sold 350,000 2,100

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	9 Months Ended
	Jan. 31, 2023
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The accompanying unaudited interim financial statements of Mass Megawatts have been prepared in accordance with accounting principles generally accepted in the United States of America and the rules of the Securities and Exchange Commission (“SEC”) and should be read in conjunction with the financial statements and notes thereto contained in the Company’s fiscal 2022 filing. In the opinion of management, all adjustments, consisting of normal recurring adjustments, necessary for a fair presentation of financial position and the results of operations for the interim periods presented have been reflected herein. The results of operations for our interim periods are not necessarily indicative of the results to be expected for the full year. Notes to the financial statements that would substantially duplicate the disclosure contained in the financial statements for fiscal 2022, have been omitted.
Use of Estimates	Use of Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and at the date of the financial statements and the reported amounts of expenses during the reporting period. Actual results could differ from these estimates. Significant estimates in the accompanying financial statements involved the valuation of common stock and stock based compensation.
Related Parties	Related Parties The Company follows ASC 850, “Related Party Disclosures,” for the identification of related parties and disclosure of related party transactions.
Fair Value of Financial Instruments	Fair Value of Financial Instruments The Company’s financial instruments consist primarily of cash and accounts payable. The carrying values of these financial instruments approximate their respective fair values as they are short-term in nature or carry interest rates that approximate market rate.
Advertising and Marketing Costs	Advertising and Marketing Costs We expense advertising and marketing costs as incurred. Advertising and marketing costs were $ 65,005 46,298
Recent Accounting Pronouncements	Recent Accounting Pronouncements The Company does not believe that any recently issued effective pronouncements, or pronouncements issued but not yet effective, if adopted, would have a material effect on the accompanying financial statements.

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Details Narrative) - USD ($)	9 Months Ended
	Jan. 31, 2023	Jan. 31, 2022
Accounting Policies [Abstract]
Advertising and marketing costs	$ 65,005	$ 46,298

Related Party Transactions (Det

Related Party Transactions (Details Narrative) - USD ($)	3 Months Ended	9 Months Ended
	Oct. 31, 2022	Jan. 31, 2023	Jan. 31, 2022
Deferred Compensation Arrangement with Individual, Excluding Share-Based Payments and Postretirement Benefits [Line Items]
Number of stock value issued for services	$ 2,900
President [Member]
Deferred Compensation Arrangement with Individual, Excluding Share-Based Payments and Postretirement Benefits [Line Items]
Number of stock value issued for services		$ 38,750	$ 40,000
Related party transaction expenses		$ 1,994

Equity (Details Narrative)

Equity (Details Narrative) - USD ($)	3 Months Ended	9 Months Ended
	Oct. 31, 2022	Jan. 31, 2023	Jan. 31, 2022	Oct. 20, 2022	Apr. 30, 2022
Accumulated Other Comprehensive Income (Loss) [Line Items]
Common stock, shares authorized		160,000,000		160,000,000	160,000,000
Common stock, par value		$ 0		$ 0	$ 0
Number of shares of common stock sold		11,275,000
Proceeds from sale of common shares		$ 74,838	$ 324,500
Common shares issued for services	$ 2,900
Common Stock [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Common shares issued for services, shares	100,000	100,000
Common shares issued for services	$ 2,900	$ 2,900

Subsequent Events (Details Narr

Subsequent Events (Details Narrative) - USD ($)		9 Months Ended
	Feb. 21, 2023	Jan. 31, 2023	Jan. 31, 2022
Subsequent Event [Line Items]
Number of shares of common stock sold		11,275,000
Proceeds from sale of common shares		$ 74,838	$ 324,500
Subsequent Event [Member]
Subsequent Event [Line Items]
Number of shares of common stock sold	350,000
Proceeds from sale of common shares	$ 2,100