BNET Industries
MPM Technologies Inc. (MPML) is in the Energy Industry
- Revenue
- Dec 31 2007
- $2.7M
- Profit
- Dec 31 2007
- ($2.3M)
- Market Cap
- Aug 07 2008
- $4.6M
Latest News and Analysis
MPM Technologies Inc. Announces Debt Conversion By CEO
PARSIPPANY, N.J. -- MPM Technologies, Inc. (OTCBB:MPML) announced that the Corporation has agreed to grant Michael J. Luciano, CEO and Chairman the right to convert $770,000 of indebtedness into 3,080,000 shares of common stock. The company will issue 2,100,000 shares to Mr. Luciano and 980,000 shares to JFLI Trust of...
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- Incorporated: 1983
MPM Technologies conducts business through its three wholly-owned subsidiaries: AirPol, Inc. ("AirPol"), Nupower, Inc. ("Nupower") and MPM Mining Inc. ("Mining").
AirPol operates in the air pollution control industry. It sells air pollution control systems to Fortune 500 and other large industrial companies in the U.S and worldwide.
Co., through its wholly-owned subsidiary, NuPower, is engaged in the development and commercialization of a waste-to-energy process known as Skygas™. NuPower Partnership owns 85% of the Skygas Venture. In addition to its partnership interest through NuPower Inc, Co. also owns 15% of the Venture.
Key Competitors
MPM Technologies Inc. Company Info
Board of Directors
Mr. Richard E. Appleby
L. Craig Cary smith
Mr. Glen Hjort
Mr. Frank E. Hsu
Dr. Richard Kao
Mr. Michael J. Luciano
Chmn.
Mr. L. Craig cary Smith
Mr. Daniel D. Smozanek
Glen Hjort
Richard Kao
Contact Information
199 Pomeroy Rd.
Parsippany, NJ
973 428-5009
NAICS Code
Automatic Environmental Control Manufacturing for Residential, Commercial, and Appliance Use: 334512
