-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 Usn3K4pwID7AcrYhRZnR/tNaztDkML6UATXOuTQVHyNDayx6zZYrtBtSerox7z9q
 m9xhV30tpClN+G7zGHuqCw==

<SEC-DOCUMENT>0001157523-03-005213.txt : 20031006
<SEC-HEADER>0001157523-03-005213.hdr.sgml : 20031006
<ACCEPTANCE-DATETIME>20031006134058
ACCESSION NUMBER:		0001157523-03-005213
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20031003
FILED AS OF DATE:		20031006

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			HSU FRANK E
		CENTRAL INDEX KEY:			0001266158

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-14910
		FILM NUMBER:		03929460

	MAIL ADDRESS:	
		STREET 1:		17 QUAIL RUN
		CITY:			WARREN
		STATE:			NJ
		ZIP:			07059

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			MPM TECHNOLOGIES INC
		CENTRAL INDEX KEY:			0000799268
		STANDARD INDUSTRIAL CLASSIFICATION:	GOLD & SILVER ORES [1040]
		IRS NUMBER:				810436060
		STATE OF INCORPORATION:			WA
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		222 W MISSION AVE
		STREET 2:		STE 30
		CITY:			SPOKANE
		STATE:			WA
		ZIP:			99201
		BUSINESS PHONE:		5093263443

	MAIL ADDRESS:	
		STREET 1:		908 N HOWARD SUITE 100
		STREET 2:		908 N HOWARD SUITE 100
		CITY:			SPOKANE
		STATE:			WA
		ZIP:			99201

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	MONTANA PRECISION MINING LTD
		DATE OF NAME CHANGE:	19920703
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>a4486069_ex.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<!-- - EDGAR Ease Plus 1.0                                   07/25/03  TT    -->
<ownershipDocument>
    <schemaVersion>X0201</schemaVersion>

    <documentType>4</documentType>
   <periodOfReport>2003-10-03</periodOfReport>
   <notSubjectToSection16>0</notSubjectToSection16>
    <issuer>
        <issuerCik>0000799268</issuerCik>
        <issuerName>MPM TECHNOLOGIES INC</issuerName>
        <issuerTradingSymbol>MPML</issuerTradingSymbol>
   </issuer>
   <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001266158</rptOwnerCik>
            <rptOwnerName>HSU FRANK E</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>17 QUAIL RUN</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>WARREN</rptOwnerCity>
            <rptOwnerState>NJ</rptOwnerState>
            <rptOwnerZipCode>07059</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
            <reportingOwnerRelationship>
         <isDirector>1</isDirector>
         <isOfficer>1</isOfficer>
         <isTenPercentOwner>0</isTenPercentOwner>
         <isOther>0</isOther>
         <officerTitle>Chief Operating Officer</officerTitle>
      </reportingOwnerRelationship>
   </reportingOwner>
 <nonDerivativeTable>
   <nonDerivativeTransaction>
      <securityTitle>
         <value>Common</value>
      </securityTitle>
      <transactionDate>
         <value>2003-10-03</value>
      </transactionDate>
      <transactionCoding>
         <transactionFormType>4</transactionFormType>
         <transactionCode>J</transactionCode>
         <equitySwapInvolved>0</equitySwapInvolved>
      </transactionCoding>
      <transactionAmounts>
         <transactionShares>
           <value>17648</value>
         </transactionShares>
         <transactionPricePerShare>
           <value>3.08</value>
         </transactionPricePerShare>
         <transactionAcquiredDisposedCode>
           <value>A</value>
         </transactionAcquiredDisposedCode>
      </transactionAmounts>
      <postTransactionAmounts>
         <sharesOwnedFollowingTransaction>
           <value>36404</value>
         </sharesOwnedFollowingTransaction>
      </postTransactionAmounts>
      <ownershipNature>
         <directOrIndirectOwnership>
            <value>D</value>
         </directOrIndirectOwnership>
      </ownershipNature>
   </nonDerivativeTransaction>
 </nonDerivativeTable>
   <remarks>Mr. Hsu acquired shares pursuant to terms in the AirPol Inc. profit sharing plan for year ended 12/31/01.</remarks>
   <ownerSignature>
      <signatureName>Frank E. Hsu</signatureName>
      <signatureDate>2003-01-31</signatureDate>
   </ownerSignature>
</ownershipDocument>

</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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