10-Q Filing

MASS MEGAWATTS WIND POWER INC CIK: 1117228 Q3 2015

Filing Information

Form Type	10-Q
Accession Number	`0001354488-15-001364`
Period End Date	20150131
Filing Date	20150327
Fiscal Year	2015
Fiscal Period	Q3
XBRL Instance	mmmw-20150131.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 39 Income Statement 44 Cash Flow Statement 42

Balance Sheet 39 line items

Line Item	Tag	Value	Unit	Period
Fixed assets, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$40.18K	USD	Point-in-time
Cash	`Cash`	$619.00	USD	Point-in-time
Fixed assets, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$38.77K	USD	Point-in-time
Cash	`Cash`	$245.00	USD	Point-in-time
Cash	`Cash`	$123.00	USD	Point-in-time
Cash	`Cash`	$26.00	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$27.09K	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$27.48K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$27.73K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$27.12K	USD	Point-in-time
Common stock, par value	`CommonStockNoParValue`	-	USD	Point-in-time
Common stock, par value	`CommonStockNoParValue`	-	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	58.70M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	58.70M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	58.70M	shares	Point-in-time
Fixed assets, net of accumulated depreciation of $40,176 and $38,775, respectively	`PropertyPlantAndEquipmentNet`	$2.00K	USD	Point-in-time
Fixed assets, net of accumulated depreciation of $40,176 and $38,775, respectively	`PropertyPlantAndEquipmentNet`	$599.00	USD	Point-in-time
Total Assets	`Assets`	$29.73K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	58.61M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	43.18M	shares	Point-in-time
Total Assets	`Assets`	$27.71K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	43.18M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	58.61M	shares	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$179.37K	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$172.14K	USD	Point-in-time
Due to stockholder	`DueToOfficersOrStockholdersCurrent`	$51.01K	USD	Point-in-time
Due to stockholder	`DueToOfficersOrStockholdersCurrent`	$75.06K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$223.15K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$254.43K	USD	Point-in-time
Common stock; no par value; 58,700,000 shares authorized; 58,612,037 and 43,179,537 issued and outstanding, respectively	`CommonStockValue`	$7.12M	USD	Point-in-time
Common stock; no par value; 58,700,000 shares authorized; 58,612,037 and 43,179,537 issued and outstanding, respectively	`CommonStockValue`	$7.34M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$12.57K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$12.57K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-7.32M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-7.58M	USD	Point-in-time
Total stockholders' deficit	`StockholdersEquity`	$-193.42K	USD	Point-in-time
Total stockholders' deficit	`StockholdersEquity`	$-226.71K	USD	Point-in-time
Total liabilities and stockholders' deficit	`LiabilitiesAndStockholdersEquity`	$27.71K	USD	Point-in-time
Total liabilities and stockholders' deficit	`LiabilitiesAndStockholdersEquity`	$29.73K	USD	Point-in-time

Income Statement 44 line items

Line Item	Tag	Value	Unit	Period
Contract revenues	`Revenues`	-	USD	3 Qtrs
Contract revenues	`Revenues`	-	USD	3 Qtrs
Contract revenues	`Revenues`	-	USD	1 Quarter
Contract revenues	`Revenues`	-	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$276.37K	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$43.66K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$236.37K	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$88.23K	USD	1 Quarter
Loss on shares issued for compensation	`LossOnSharesIssuedForCompensation`	$559.00	USD	1 Quarter
Loss on shares issued for compensation	`LossOnSharesIssuedForCompensation`	$6.42K	USD	1 Quarter
Loss on shares issued for compensation	`LossOnSharesIssuedForCompensation`	$10.59K	USD	3 Qtrs
Loss on shares issued for compensation	`LossOnSharesIssuedForCompensation`	$23.96K	USD	3 Qtrs
Depreciation	`DepreciationAndAmortization`	$437.00	USD	1 Quarter
Depreciation	`DepreciationAndAmortization`	$651.00	USD	1 Quarter
Depreciation	`DepreciationAndAmortization`	$1.40K	USD	3 Qtrs
Depreciation	`DepreciationAndAmortization`	$1.96K	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$248.36K	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$44.65K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$302.29K	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$95.31K	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-95.31K	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-302.29K	USD	3 Qtrs
Operating loss	`OperatingIncomeLoss`	$-248.36K	USD	3 Qtrs
Operating loss	`OperatingIncomeLoss`	$-44.65K	USD	1 Quarter
Interest expense, net	`InterestExpense`	$8.69K	USD	3 Qtrs
Interest expense, net	`InterestExpense`	$2.42K	USD	1 Quarter
Interest expense, net	`InterestExpense`	$9.37K	USD	3 Qtrs
Interest expense, net	`InterestExpense`	$3.49K	USD	1 Quarter
Total other expense	`NonoperatingIncomeExpense`	$-3.49K	USD	1 Quarter
Total other expense	`NonoperatingIncomeExpense`	$-8.69K	USD	3 Qtrs
Total other expense	`NonoperatingIncomeExpense`	$-2.42K	USD	1 Quarter
Total other expense	`NonoperatingIncomeExpense`	$-9.37K	USD	3 Qtrs
Net Loss	`NetIncomeLoss`	$-47.08K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-311.66K	USD	3 Qtrs
Net Loss	`NetIncomeLoss`	$-98.80K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-257.05K	USD	3 Qtrs
Net loss per share - basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.01	USD	3 Qtrs
Net loss per share - basic and diluted	`EarningsPerShareBasicAndDiluted`	-	USD	3 Qtrs
Net loss per share - basic and diluted	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
Net loss per share - basic and diluted	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
Weighted average number of common shares - basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	51.36M	shares	1 Quarter
Weighted average number of common shares - basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	31.23M	shares	3 Qtrs
Weighted average number of common shares - basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	35.04M	shares	1 Quarter
Weighted average number of common shares - basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	51.43M	shares	3 Qtrs

Cash Flow Statement 42 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-47.08K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-311.66K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-98.80K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-257.05K	USD	3 Qtrs
Shares issued for services	`ShareBasedCompensation`	$96.31K	USD	3 Qtrs
Shares issued for services	`ShareBasedCompensation`	$135.18K	USD	3 Qtrs
Depreciation	`DepreciationAndAmortization`	$437.00	USD	1 Quarter
Depreciation	`DepreciationAndAmortization`	$651.00	USD	1 Quarter
Depreciation	`DepreciationAndAmortization`	$1.40K	USD	3 Qtrs
Depreciation	`DepreciationAndAmortization`	$1.96K	USD	3 Qtrs
Loss on shares issued for compensation	`LossOnSharesIssuedForCompensation2`	$-10.59K	USD	3 Qtrs
Loss on shares issued for compensation	`LossOnSharesIssuedForCompensation2`	-	USD	3 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-436.00	USD	3 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-391.00	USD	3 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$7.23K	USD	3 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$37.75K	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-141.13K	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-136.34K	USD	3 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$116.86K	USD	3 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$138.59K	USD	3 Qtrs
Net borrowings on shareholder credit cards	`NetBorrowingsOnShareholderCreditCards`	$-126.00	USD	3 Qtrs
Net borrowings on shareholder credit cards	`NetBorrowingsOnShareholderCreditCards`	$1.09K	USD	3 Qtrs
Borrowings on related party debt	`ProceedsFromRepaymentsOfRelatedPartyDebt`	$129.00	USD	3 Qtrs
Borrowings on related party debt	`ProceedsFromRepaymentsOfRelatedPartyDebt`	$22.96K	USD	3 Qtrs
Payments on related party debt	`RepaymentsOfRelatedPartyDebt`	-	USD	3 Qtrs
Payments on related party debt	`RepaymentsOfRelatedPartyDebt`	$1.75K	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$136.84K	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$140.91K	USD	3 Qtrs
NET INCREASE (DECREASE) IN CASH	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-219.00	USD	3 Qtrs
NET INCREASE (DECREASE) IN CASH	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$496.00	USD	3 Qtrs
CASH AT BEGINNING OF PERIOD	`Cash`	$619.00	USD	Point-in-time
CASH AT BEGINNING OF PERIOD	`Cash`	$245.00	USD	Point-in-time
CASH AT BEGINNING OF PERIOD	`Cash`	$123.00	USD	Point-in-time
CASH AT BEGINNING OF PERIOD	`Cash`	$26.00	USD	Point-in-time
CASH AT END OF PERIOD	`Cash`	$619.00	USD	Point-in-time
CASH AT END OF PERIOD	`Cash`	$245.00	USD	Point-in-time
CASH AT END OF PERIOD	`Cash`	$123.00	USD	Point-in-time
CASH AT END OF PERIOD	`Cash`	$26.00	USD	Point-in-time
Interest paid	`InterestPaid`	$9.37K	USD	3 Qtrs
Interest paid	`InterestPaid`	$8.69K	USD	3 Qtrs
Income tax paid	`IncomeTaxesPaid`	-	USD	3 Qtrs
Income tax paid	`IncomeTaxesPaid`	-	USD	3 Qtrs

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.