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Sunday Night NEWS
Magnum/SRI Releases Independent Test Results from the Rubber Research Institute of Malaysia Marking Historic Event for the Global Rubber Industry
October 18, 2009 08:30 PM
KUALA LUMPUR, Malaysia, Oct. 18 /PRNewswire-FirstCall/ — Magnum D’Or Resources, Inc. (OTC Bulletin Board: MDOR – News), a next generation rubber recycling Solutions Company, announces Magnum SRI, technological innovation marks historic level for Rubber Industry at its best. To view the summary of the Rubber Research Institute independent test results as well as official test certificates issued by the Rubber Research Institute of the Malaysian Rubber Board as support documents of the summary provided,
Please visit: http://magnumresources.net/investors/565
“What we have here is nothing less than the solution to the global tire and rubber scrap problem; it will address not only the annual accumulation but the backlog in the landfills. The introduction of the Magnum SRI custom compound as an industrial raw material, effectively means cost effective value added consumption which will make it irresistible as a Green raw material. Not only will it appreciably reduce the raw material cost of the manufacturer but it will potentially reduce cost for final consumers. We believe that this is the future of global rubber recycling.” Quote from Gopi Sekhar, CEO of SRI
1. Comparative Chart 01
This chart involves a full battery of tests where control sample production tire and Magnum SRI Custom Compound production tire were independently subjected to the full ASTM standard tests (Standard Test reference is on the chart) for Light Truck tires. All the information on the chart is important. The Magnum SRI Compound Tire is a composite compound using the manufacturers Light Truck compound with a substitution of 20% with our Magnum SRI custom Compound.
In this case it means that tread compound has 14% of recycled content and the sidewall of the tire has a little more than 14% recycled content. Virgin compound modified to allow for customization added to the activated compound will make the final custom compound proportion 20%. Here the tensile, elongation at break and Abrasion resistance (the lower the value the better) of the all the samples are tested following the protocols of the prescribed standard by the Rubber Research Institute’s (http://www.lgm.gov.my/) Tire Lab of the Malaysian Rubber Board.
On review of the results it will show that in spite of the inclusion or substitution of 20% (in this case 14% recycled material content) without custom compound that we were able to ensure no loss in properties, in fact we were able to prove that we could even exceed the original specifications in certain cases. Also the fact that we have done it in the sidewall and tread compounds makes it all the more impressive.
2. Comparative Chart 02
This chart is a comparison of the manufacturers Light Truck Tire Compound and a composite compound which is the same compound with 20% substituted with the Magnum SRI Custom Compound (14% recycled rubber content). These compounds, the control and the composite were then tested for tensile and elongation at break to show that there is no appreciable loss or change in properties.
In the case of Batches 6 & 7 we increased the recycled content a little but please note that the variance is considered near test error difference. Regardless we feel that all the results are impressive and make our point without exception.
3. Plunger Energy Test
This is a test that effectively measures the amount of force required to make the tire that has been normally inflated to fail or burst when it is applied to a specified area of the side wall using a regulation test plunger. The minimum specification to pass the test is that the point of failure or bursting must be achieved due to force in excess of 6,759kg.cm or 5,700 in.lb.
The control or manufacturers original OEM compound tire was measured to require a force of 7,029kg.cm to make the plunger break through.
The Magnum SRI custom compound tires not only passed the minimum specification but it managed to comfortably exceed the control at 7,798kg.cm and 8,800 kg.cm.
This test is of specific significance as the Magnum SRI activated compound was not only incorporated into the tread compound but it was also introduced into the sidewall compound. This test is not only measuring the overall resistance of the tire to measured trauma but it is a test that points clearly to the performance level of the side wall compound. The Magnum SRI compound in the current format was intended to be equal to the control specification; this was achieved and exceeded which leaves additional room for further cost reduction based on the sidewall formulation.
All these test results were the result of independent testing and evaluation by the Rubber Research Institute of the Malaysian Rubber Board.
Based on these test results, what has been achieved here is historic, there has never been a case of scrap rubber/tire dust or powder, regardless of the technology employed that has ever exceeded a couple of percentile. Before this innovation exceeding 2 plus % recycled content in a tire compound always meant what is referred to in the industry as “catastrophic failure”. History has been rewritten, the Magnum SRI custom compound has been able to incorporate more than 14% recycled content in both the tread and sidewall compounds of a light truck tire and actually had it provide performance parameters equal to and higher than the original compound. Obviously the content levels would be substantially higher in lower to medium level applications. Magnum SRI is currently unmatched having broken new technological ground in recycling whose impact and significance will be effect the entire rubber industry.
Magnum SRI’s revolutionary compound’s, technical reach and ability to perform in premium volume applications will not only ensure substantially improved viability for rubber product manufacturers but will make environmentally friendly “green” production the norm rather than the exception. Finally there is a real solution to the “Tire Mountains” and the environmental pollution from them. Magnum SRI activated custom compounds allow for substantial recycled content to be applied in nearly all volume applications cost effectively without appreciable loss of properties.
About MDOR: Magnum’s proprietary “GREEN” technology provides a one-of-a-kind solution to all of the challenges in eliminating stockpiles of scrap tires and rubber scrap. Magnum has positioned itself to become a global leader in rubber and scrap tire recycling and its proprietary technology and know-how could potentially revolutionize the industry Worldwide.
Magnum Recycling Canada: Magnum’s Magog, Quebec facility is 98,000+ sq. ft. Magnum is currently producing rubber buffing, nuggets, and crumb from recycled scrap tires. Company holds over $130 Million USD in open contracts. (http://magnumresources.net/gallery/?level=album&id=2)
Magnum’s Recycling USA: Magnum’s Hudson, Colorado facility consists of 120 acres of high grade commercially zoned land, buildings, equipment, and inventory in excess of 30,000,000+ tires. The facility is one of the largest tire landfills in the world. (http://magnumresources.net/gallery/?level=album&id=3)
Magnum Engineering International (’MEI’) http://magnumei.com/ is a wholly owned subsidiary of Magnum specializing in developing turnkey recycling plants and complete environmental & economical ‘Green’ solutions.
Magnum/SRI are currently using their Revolutionary technologies to produce next generation rubber recycling solutions for custom compounds, retread compounds, processing aids, advanced state-of-the-art equipment, and reactivated ambient/cryogenic rubber powders for the global market. Magnum/SRI premium compounds can be substituted in high specification compound applications without appreciable loss in properties or performance. The reason why our clients (market) will prefer to use Magnum/SRI compounds is because they will be able to enjoy a substantial and meaningful reduction in raw material cost without compromising product performance and quality. In the competitive environment of rubber product manufacturing this is a major development having a direct positive impact on our customer’s bottom line. To visit SRI: http://www.srielastomers.com
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995
Statements contained in this document that are not historical fact are forward-looking statements based upon management’s current expectations that are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by forward-looking statements. The results anticipated by any or all of these forward-looking statements may not occur. The compa
lets hope so brikk
but if i recall over a month or so ago Dean met with the ir folks in CALIFORNIA also , so who knows but it sounds like we are close to finalizing all the details
good for you
i have some i bought high in the .30 , and would and will get out at .10 or earlier
JC is a complete liar from day 1
Head office does not answer phone or return calls
The green nr does not make sense what are they going to do fly a drone half way across the country to check a smoke stack
Lots of potential but zero direction
sad to say
wow
They are promting the stock now! Supposedly for 5 months contratc should end of year what happens after that
They wanted to walk the stock back up
Stop lying JC
what pattern do you see occuring?
Are you talking MM action or fundamentals with the business plan?
TIA
Only time will tell
But MDOR is about to become heroes or fall flat a on their face, bashers i know what your thinking we soon will find out
If they succeed look out above
The report shows that while other states are reducing their stockpiles, the number of tires in Colorado is rising every year.
Most of the tires have been sitting for years in one of three state-sponsored tire dumps, called monofills. The largest monofill, Tire Mountain, is in Weld County. Despite the recent purchase of the monofill by Magnum d'Or, that has vowed to clean it up in three years' time, industry experts call it a catastrophe waiting to happen.
This stock will only move up when and if the MM,s let her go based on the fact that the acqustions are 100% complete and finalized, till than we will will bounce all over the place with false runs and dips
YES!!
just trying to amuse the bashers who have been wrong for the past year
MEI
is it a fraud ?
Colorado was apparently a fraud and we all know how that played out
MEi maybe a huge surprise CHINA calling
surfguy welcome back
but you know thats not true , its all fabribaction on mdor,s part listen to stocky he knows the truth LOL
.o3 Monday with the 33% dilution
Target
LFBG says they are in target stores selling their game, via JV Jack of all games
pre bid show .08 .o82
2 D ays to get freebies, last 2 days there was no interest in the freebies , we will see what tommorrow brings , i think tommorrow will be interesting , i figure some folks may bail on FRIDAY
more name calling
getting desperate
i know a few names i can call you and stock, but won,t stoop that low will let MDOR prove you wrong over and over again
i hope we teast .12 in the next day or by Friday and may settle in at at .10 prior to split
we had hopes of a higher move but can,t see it now
NASDAQ
Next stop for MDOR see you there stocky
you are right stocky
these 2 parties are propping her up all the time, i used to prop her up and sat on bid as suport back in the .40 cent days
Yes this is a fraud
Just like the way they hyped Colorado, and we all know how that turned out
anyone been to Target lately
i hear they got distribution fosome ganmes in target
yea right on the spot
just like all his predictions about the low volume and it heading to .40 , he has beens saying this non stop for the past year and he has been dead wrong for the past year
Yup he,s right on the spot
name calling now, very mature
The IR guy JC has out right lied to me so many times its unbelieveable, he said there would be news out this past Monday, he,s been saying that for months
When i first got in he said a steady stream of news, and the details of air star would be divulged soon that was 2 months ago , they have not had a substance nr since early aug
said they had 3 nr,s pending but it sounded like it would be re hashed news we will see, very dias appointed live and learn
NO
why you asking against all odds you knew the answer already.
ON LINE STORE
Alos LFBG is scheduled to open a on line store this quarter
JACK OF ALL GAMES
part of walmart thing is the del they signed with Jack of all cames to distibute their product has been succesful we must hear from that will be key
On July 7, 2009, we signed a distribution agreement with Jack of All Games, the distribution subsidiary of Take-Two Interactive (Nasdaq: TTWO), to distribute our games, providing us with potential distribution of our products into stores including Wal-Mart, Best Buy, Target, EB Games, GameStop, Toys "R" Us, Blockbuster and other leading retailers.
Also remember all prduct is sold on consignmnet thus if it does not sell at the retail location they sip it back to LFBG
don,t fight it againstallodds
MDOR is for real but only time will tell keep bashing, i know you were burned bu Sulja whatever, but sometimes its best to just let it go you will feel better
Deleting posts
who deletes posts that has anything negative or ?,s what a basher is insinuating?
This stock i think is a joke
The IR guy you can never get through to no matter how many time s you try and when you do he,s to busy, he has told me months ago that there would be a steady stream of news with meat on it , to date nothing no real news for at least 4 months or so
welcome
Where the stock goes who knows 2 main things the company has to overcome is a financing and generate revenue soon
They have oveccome alot with little. This co went from a hope a empty magog facility , plant built there , now Colorado will be built in less than 6 months
Colorado cost 6 million paid for fact, 30 million tires on site lets say theyre worth a $1.00 or even lower .50 both are very low guessestimates all the land equipment , contracts puts that at over 6 million
The cnn videos have been on the go for ayear and nothing happened looked shady but wanted colorado, SRI news out before airing it will happen
Great post brikk
The fact at the last meeting it sounds like they were working on final details incentive and employee contratcs, all the major stuff must be done i would presume and hope
Talk about lies stockroxx?
When the spread on bid ask was a difference of .07 to .15 at times with no volume prior to this March yes someones was closing it at the high
But there is no need to do that anymore the spread on bid and ask is .02 for the longest time
The volume is pathetic this am though
Well
You have to give mdor credit for presreving in these times with limited cash, they did manage somehow to pay 6.5 million to acquire colorado site which is probally worth 20 million all assetts included
Quarterly Report for the period Ended June 30, 2009
Commitments to provide additional operating and expansion capital were secured in March 2009 through a private equity firm; however, the Company has not yet received funds associated with that commitment. The Company is confident that these funds will be made available in the near future, but the global financial crisis has essentially ceased the primary and secondary credit markets that companies depend on. We cannot provide any assurance that any additional funds will be made available on acceptable terms or in timely fashion.
Miss the BOAT or Bail thew BOAT
MDOR has made alot of progress from day 1 , went from a dream with no cash to 1 plant, and today still no cash and no revenue, will that change i say yes
In the coming weeks months we should see Colorado come into development and producing , i would say nuggets are history and fine rubber is the flavor of the dy will it fly who knows , i say yes
Early November we will see BIG news from Colorado could be fatal though we will see, the company is doing the right things though
Contracts and sales are what are needed lets see what or if we get any
I think in December the tv series will air hopefully could be a lie , doubt it now though
i could go on but i think todays prices appear cheap we will see , there will be ups and downs but i think a new breed of nvestors is in MDOR, i was buying 30,000 chunks here and there in the the .60 and lower but too expensive for me to pick up at these prices
The ship maybe leaving port
nice close last i heard sometime in October which is fine by me
hey dom
Sarcasm towards the bashers thats all, they have been wrong all along and to date continue to be wrong, i can go on and on at .60. .70 .90 1.14 and now its hdsn and nit on bid and ask, everything is alie , colorado was a lie, so far MDOR is coming through
But when the stock was trading lightly March 09 and past the company had someone close it at the high daily end of day, at least they had someone looking out for the stock
That 2 blocks of 200,000 shares was very good paint job expensive too
Surguy welcome back, selling at 1.80 some , listen to stockroxx and you could have sold at .90
Thanks epic
Maybe after the split if we get a walmart announcement that will keep the momo going and there will be no drop in price
they have been painting tape for 2 years, not sure if they still are, the stock is in different hands now
There was a time liquidity was mdor,s problem, you could not buy it without htting ask and could not sell without hitting bid
I was sitting on bid and and had low bids for the longest time , under .60 and lower
picked up a postion this am
See what happens with Walmart