Carbon Cycle Investments Completes Stock Purchase Agreement with MPM Technologies; Senior Secured Convertible Promissory Note...

MPM Technologies, Inc. (OTCBB: MPML) and Carbon Cycle Investments, LLC (CCI) recently announced the completion of a stock purchase agreement. This agreement will allow MPM to benefit from an experienced new management team and board. For more information on this agreement, please refer to the recently released 8K.

MPM is currently offering a Senior Secured Convertible Promissory Note with 24-month term at 9%. It may be converted to common stock at a fair market value less 25% at any time during the life of the note.

The board also has instructed officers of the company to pursue a purchase agreement with CCI to acquire Carbon Cycle Crush, a wholly owned subsidiary of CCI that operates a Canola crushing business. The proposed purchase will include an independent outside appraisal and legal review to be presented to the board for its consideration and approval.

About Carbon Cycle Investments, LLC: CCI is a Spokane, Washington-based umbrella company overseeing businesses that stimulate social, economic and environmental sustainability.

About MPM Technologies, Inc.: MPM is a leading global manufacturer of environmental control equipment and a developer of waste-to-value solutions.

About Carbon Cycle Crush: CCC is an oilseed crushing facility in Oroville, Washington, that creates raw Canola oil for the biofuels and biolubrication manufacturing and Canola meal for livestock feed.