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Yea some good volume today!!
I think the company have to give a clearer picture of the possiblities and potential market for their new technologies and how they plan to capatalize on it. Just a mtter of time.
Production i presume shortly.
I can see ahuge volume day coming up
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Promo
Well these guys did alot of promo for the past several months going back Traders Nation latest outling potentail and possibilities.
Alot of eyes must be on this.
But i presume the big promo will coincide with Magog going on line and a further explanation of the Rubber agreement
Those Fox CNN promo is still waiting to be aired
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Well looks good.
Just thinking strictly based on the revenue based on NSS contracts coming out of Magog lets say $15 million a year for next 6 or 7 years based on ramp up. , and the small float the EPS here could be interesting in time
Not sure but the wizard says we will recieve initial order of buffing units whic is supposed to be 4 this week as per original NR, than wizard says more OTR buffers coming in early Nov.
MDOR Alert
October 16, 2008
This is the wizard
This alert is sent to bring awareness to the Magog facility about to come on line. Once this facilty comes on line and news is released the price should retest the .65 resistance. At this time MDOR is trading .58 up .02 volume 22,825.
News Clips
"Furthermore, the company has scheduled the delivery and installation of its initial buffing machines on October 17th with receipt of additional OTR Buffing Machines by early November."
"Additionally. Magnum will soon be announcing some exciting news which could make Magnum the one of the most high tech producers of rubber compounds and processes in the world"
True surf guy , but i,m just taking it one step at a time.
Lets get these buffings and nuggets going and pay some bills and show the market what we can do.
Surf i answere your inbox at SH
Next Milestone
Will be if they announce production has commenced and give some guidance conservatively on production possibilities
I don,t beleive they have means at magog to process fine rubbber.
But come January 2009 i bet they do and i guess contracts in place
surfguy
what your take on the 9 agreements for fine rubber out of Magog? hmmmmmmmmmm
Going for the major leagues hitting the road to do shows, looking at double digit stock.
No one can do what they can do , higher quality than competition
All comes down to execution!!!!!
Great Interview, hope next interview gives us a glimpse of anticipated revenues from Magog
Interview
Just on Chad quite confident of the future here, 9 agreements in place in Canada for fine rubber, close to closing maybe.
Competition not a concern , huge profit margins superior product.
Interesting stuff
Really light volume today for mdor. Well the news has not officially been put out there so i presume volume will ramp up in the afternoon.
I guess that interview today will give us an indication on the potential of this deal and updayes on Magog , maybe even China
Imagine
The folks at MDOR appear to have always been 1 step ahead of the game, re NSS contracts no plant Magog comes along
Well i wonder what they have in store for Malaysia if anything
I,d love to hear news of more contracts , NSS in need of fine rubber?
Stock Price
Aug 27 Joe stated
The company currently feels the stock price is not justifiable with the company's real asset valuation.
Based on all the developments on the ground the hiring of Larose Boux , the infrastructure pit in place in Magog, the new accounting firm, all the media attention they have directed at MDOR to date, its just a matter of time before the price reacts , if these markets can settle down and MDOR executes at Magog we could be in for a real nice run
Takeover
Well if this technology is all its craked up to be i,m sure some folks will be keeping an eye on it, if its the real deal , i can see mdor getting taken over at some point be a larger entity
Theres a couple 2 new pictures on web site under investors
Revenues
Well with $130,000,000 in contracts at hand conservatively 2009 they may bring in $12 to $15 million based on NSS contracts, thats conservative.
Could be some upside with the scrap metal, implement the new technology in Magog in 2009 , and it also sounds like the Malaysia plant is up and running, sould see some dollars to the top line from that enetity too
I,m sure in the next several months we will start to see fine rubber contracts rolling in, heres hoping.
on the site surfguy it says 10 13 08
Great job surfguy !!!!
Whats your take it sounds like this plant in Malaysia is up already and possibly in action??
Yes share price has been slow, sadly but in these markets
With all the developments YTD, all very positive and production around the corner this may start to move. If we get a NR in November stating how much production at what capacity and dollar value , will give us a good idea where we go
At least we got more promo and this very outlet not like the Lebed character
I wonder if this coverage may throw a target on price
I think we could see $3 or $4 next year, if theres no hiccups
Website
Is under construction.
Just checked the web site presentations , Buffings appear to be 4inch long theres a picture with a ruler.
Nuggets are 1/4 to 3/4 inch long
So and a guess more work to process Nuggets but buffings good to go
I agree surguy
Production will be the real milestone, it should and better be anounced by end of October the 4 buffers coming in should not take long to put in place.
Holly must be on her way back?
Thanks that make sense , we have the 2 primary shredders for nuggets and they should be ready to produce.
I guess and presume we will need more buffers at some point to continue to ramp up buffing production.
All in time
Surfguy
Whats your take, $130 million over 5 years, last nr states
Magnum will receive its first shipment of buffing machines in late October (15th to 20th) therefore the company will be able to immediately start production of rubber (mulch) buffings in order to start fulfilling its 5 year $91 million USD contract with Nation Sales & Supply. As previously stated, this equipment will produce up to 10,000 tons of saleable product at a contracted price of approximately $400 per ton, which equates to additional annualized revenue of about $4,000,000 USD."
This additional annualized revenue of 4 million is that over and above their previuos production targets?
TIA
stock is tightly held, lot of doubters out there probally waiting for production to start then waiting for first Q of revenue
Hey if they announce a JV in china , or more buffers to Magog all bets are off
There is no volume.
I think she is ready to pop , over $1.00 in Nov., the company has made lots of progress and updates over past 4 months that will peak with production commecing soon.
Milestone
It,ll be interesting to see what Joe,s idea of a milestone is?
I guess we will soon find out a few things
1 Production to start immmediately after buffers arrive, maybe they will announce ahipment to NSS a month later and we will see potential revenue.
They also have the 2 primary shredders that maybe installed already and can produce nuggets
2 Next week this so called milestone will be revealed. Any guesses?
Lots of infrastructure in place at Magog, seems like a long term plan in place and fine rubber will be the goal
'Clean and Green' rubber recycling equipment rolling into place at new production plantPublish date: Aug 20, 2008
Email|Print|ShareDel.icio.usDiggRedditFacebook|Save|Post|Republish|OtherScrap tire disposal is on the move with efforts underway at a recycling facility sited on the U.S.-Canadian border. Magnum D’Or Resources, Inc. reports that initial shipments of equipment from its German supplier – Artech Recyclingtechnik – have arrived at the company’s new Recycling-Canada facility.
“Currently, we have received and accepted the first 11 sea-land containers of equipment at our facility in Magog, Quebec. Other ancillary equipment will continue to arrive over the next few months,” says Magnum CEO Joseph Glusic.
The company will soon begin fulfilling its open contracts by first producing nuggets, and then shift into production of finer grade rubber granules as it brings additional equipment on-line. Magnum plans to produce pure crumb rubber and ultra-fine rubber powders from the facility later this year or early next year.
“The time schedule for producing our most highly refined and cost effective products is dependent upon a number of parameters that include equipment delivery, set-up, training, fine tuning and verification of production volume quality control. Therefore, we will be ramping up production and producing various rubber products as we continuously add to and refine our operations,” says Glusic.
“Since each phase of the plant will produce a more refined product than the previous, it makes good sense to start production of our most basic products first, perfect our operation, then move on to the next step,” he adds.
“Magnum is positioning itself to be a comprehensive producer of disintegrated and reconstituted rubber products generated from scrap tires and other waste polymeric substances. It will be building, acquiring, and developing facilities and networks that provide cradle-to-grave product control and process to fulfill environmentally friendly green cycle of life products,” Glusic continues.
“At the same time, our business model will allow us to produce increasing amounts of revenue and earnings; this translates directly to the company bottom-line profit while being an eco-friendly entity and good neighbor for our planet.”
Magog is a rubber and plastics center that sits in the Estrie region and in the MRC Memphremagog. It benefits from an exceptional geographic location since it is situated on the Canadian-American border, according to Glusic. The facility is housed in 98,000-plus sq. ft. mixed use building located within the Technology Center of Magog on some 10 acres of land.
The plant will accommodate production lines for both nuggets and buffings. Magnum will be creating an array of ultra-fine rubber powders, EPDM powders, EPDM compounds, thermoplastics, and thermoplastics elastomers.
Magnum owns a number of patents for the re-composition of rubber, the production of EPDM powders, and EPDM compounds that “could potentially revolutionize the rubber recycling industry in North America and China,” says Glusic. The company also provides turnkey recycling plants, operational assistance, consulting services, waste management technology and heavy recycling equi
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Seems Like
MDOR is putting the people, and the processes in place to create a substanial company all in time. Some seriuos talent added here
Whats the milestone PRODUCTION TO COMMENCE , just a guess
Magnum Appoints Carole Larose as Productions Manager for Magog 'Closed Loop Green Technology' Facility
Wed Sep 24, 8:43 AM
Email Story IM Story Printable View MAGOG, Canada, Sept. 24 /PRNewswire-FirstCall/ -- Magnum D'Or Resources, Inc. (OTC Bulletin Board: MDOR.OB) appoints a new seasoned rubber & plastics veteran as the production manager. Mrs. Carole Larose joins the Magnum Recycling Canada team with 20 years of professional experience in rubber and plastics. She was the previous plant manager for GDX Automotive in Magog, managing over 500 key employees directly involved in the rubber field. Mrs. Larose was also the plant manager for 13 years of a TPE plant involved in blow molding. She has recently been working hand and hand with Mike (Michel) Boux, General Manager and Rubber Specialist of Magnum, to insure maximum production activities and minimize overhead liabilities.
Magnum Chairman Joe Glusic stated, "We have recently reached a significant mile stone event and look to release details on this matter on or before September 30th 2008."
About Magnum:
Magnum currently holds open and unfilled contracts with NSS, LLC equating to over $130 Million USD over the next five years for the production of both rubber nuggets and rubber buffings. Magnum's proprietary "GREEN" technology provides a one of a kind solution to all of the challenges in eliminating Stockpiles of Scrap Tires and Global Waste including: establishing Turnkey Recycling/Waste Management facilities; design, manufacture, and sell products made with recycled materials; and institute viable solutions to the problem of recycling waste rubber.
Magnum, with its new proprietary technology and through licensing rights, owns a number of patents for the re-composition of rubber, the production of EPDM powders, and EPDM compounds that could potentially revolutionize the rubber recycling industry in North America and China.
Magnum's Magog Facility:
Magnum's 98,000+ sq ft mixed use building on approximately 10 acres of land is located at 2035 Rene-Patenaude Magog (Quebec), J1X 7J2 within the Technology Center of Magog.
Photos of the Facility:
http://016aa3c.netsolhost.com/GDX-Pic1.gif
http://016aa3c.netsolhost.com/GDX-Pic2.gif
http://016aa3c.netsolhost.com/GDX-Pic3.gif
Photos of new max production doors and tires:
http://016aa3c.netsolhost.com/door1.jpg
http://016aa3c.netsolhost.com/door2.jpg
http://016aa3c.netsolhost.com/TIRES01.jpg
http://016aa3c.netsolhost.com/TIRES02.jpg
About the upcoming Magnum "21st Century Business Solutions Series":
This series will be aired on CNBC, FOX, Hong Kong's Asia Television, and other Leading Networks. Magnum's North American television broadcast will air on CNBC and Fox Business Network to a combined audience of 114 million cable households.
http://tinyurl.com/3tpk5v
About the upcoming "Our Planet and Magnum's Television Series":
This show will be aired multiple times on Fox Business Network, CNN Headline News, Discovery Channel, CNN, MSNBC and Regional News Network, along with other networks.
http://tinyurl.com/3tzaf6
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 company is not required to update its forward-looking statements.
Surguy
Can you comment will the present status of 2 primary shredders and the 4 GTS buffers be enough to fulfill NSS contracts.?
Thanks
Alos this plant is prety big i wonder if they will get more tires and store them at this Magog facility, i presume fire regulations would allow only so many tires to be stock plied
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What we NEED
Is some more solid news re more contracts, more JV,s ,Magog starting production and a shipment and dollars earned.
So far we,ve had alot of updates and building blocks some with ?,s attached like who GTS really is, who is our Ontario partner giving us free tires.?
We,ve got a new accouning firm highly touted , something brewing in China, Florida ? , all these building blocks and all the accumulation as of late can see a fast jump into the dollar range with factual news
I sense its coming
Remember the plant equipment alone values us over $1.00, $130 million in contracts over 5 years maybe 10 million in 2009 revenue being consevative.
Would be nice to break .60 today, we,ve had a staedy stream of updates and news , be nice to see Magog getting closer to production, would not be surprised if production goes well more NSS contracts
hey richie one thing the wizard says is MDOR is very transparent, all the filings and contracts are all filed, that should make things more credible, i do agree no need for the wizard, but i believe 3rd party initiated,
Lets target Wall street brokers and samll cap funds
Hey surfguy
Lets hope we have some of the fence sitters start buying next week , what we need now is to see the volume ramp up , and this should happen as inch towards production,
I wonder if Chan comes back to USA with a surprise for us