Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Hello, Scottrade is showing a $1.00 bid and ask on GBDX. Has there been at buyout at $1.00?
Richie,
This is getting better all the time..........
Richie,
What you see is a growth phase of a company. Let them do their job. It looks good so far.
Richie,
The makings are there. Lets see them do it. If its for real then we move a lot higher imo.
richie,
It's only a matter of time before people realize this is worth over 20 American Presidents Portraits imo.
PHANTOM COUNTERFEIT SHARES SOLD BY MM's
'bout time people realized how undervalued this stock is........lol
Hello,
MDOR has been sitting on IEME shell for a long time. Maybe a spinoff.........
You betya
Let it simmer
MDOR Increases its 5-Year Agreement with National Sales & Supply for Rubber Nuggets to $40,000,000
Wednesday, July 02, 2008; Posted: 08:56 AM 7 Stocks You Need To Know For Tomorrow -- Free Newsletter
FORT LAUDERDALE, Fla., Jul 02, 2008 (BUSINESS WIRE) -- MDOR | Quote | Chart | News | PowerRating -- Magnum D'Or Resources, Inc. (OTCBB:MDOR) (Magnum) announces signing and closing of a 5 year, $40,000,000.00 ($8,000,000.00 annually) contract, with National Sales & Supply (NSS, LLC) for rubber nuggets, effective immediately.
Magnum, under this new increased production agreement, will sell and supply NSS, LLC with rubber nuggets in order to help fulfill their open orders & contracts with large corporations such as Wal-Mart, Home Depot, and Lowes amongst many others. Magnum will use its patented technology, through the process of recycling scrap rubber tires, to produce this new product.
Joseph Glusic, President of Magnum, stated, "We are now accelerating our presence in the rapidly growing `Green Market' using our licensed unique worldwide patented technology. We are beginning to fulfill our mission by doing our part to eliminate global pollution generated by used tires and scrap rubber constituents in landfills."
With the commencement of shipment of our Crumb Rubber Plant, Magnum will now have a fully functional and wholly owned operating facility in North America. Financing for the turn key plant was procured through the manufacturer, while shipment and start-up costs are being borne directly by Magnum through a non-dilutive conventional financing arrangement.
Magnum, through its exclusive licensing rights and its modern technology, controls 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 is executing its business and marketing plan to become a Global Leader in the Recycling industry, by providing: Turnkey Recycling Plants, Operational Assistance, Consulting Resources, Waste Management Solutions, and Heavy Recycling Equipment Supplies for producing high quality raw materials.
NSS, LLC is a leading manufacturer and distributor of rubber landscaping products and playground safety surfacing products to large retail suppliers and consumers.
National Sales & Supply Home page: http://www.nsalessupply.com/index.htm. To view Rubber Mulch: http://www.national-mulch.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 company is not required to update its forward-looking statements.
Updates on the progress, shipments and installation will be posted on our website: www.magnumresources.net
SOURCE: Magnum D'Or Resources, Inc.
Magnum D'Or Resources, Inc., Fort Lauderdale Joseph Glusic, CEO, 305-420-6563 mdor@magnumresources.net
Looking better all the time......
Well, I'm reversed out of this stock. It has a bad name now and it will never have a good name in the investment community now that it has screwed over its longs imo. Best thing to do is stay away from it.
yep...typical
Magnum D'Or Resources Update on Tender Offer
Friday March 07, 2008 21:15:01 EST
FORT LAUDERDALE, Fla., Mar 07, 2008 (BUSINESS WIRE) --
Magnum D'Or Resources, Inc. (OTCBB:MDOR) (Magnum) announces today that the Company's Board of Directors met today to review recent developments associated with the previous buyout offer extended to the Company. The Board has determined that it is not in the best interest of the company or its shareholders to pursue a buyout at this time.
"The offer came on the heels of having several joint ventures on the table, some of which are in the final stages of negotiation. Magnum's growth potential is still unrealized in our current development stage considering we hold exclusivity to several key patents, trade secrets and highly proprietary technology," CEO Joseph Glusic stated.
Currently, the Company holds production contracts for deliverables in excess of $100,000,000 US, is entertaining several joint venture opportunities, and is in the preliminary roll out stage of its Cryogenic Crumb Rubber Facility, including a TPE Extension Plant. With all of these activities in place it is simply impossible for us to put a proper evaluation on the Company's potential.
Mr. Glusic, Chief Executive of the Company stated, "The recent offer to acquire Magnum is yet another confirmation that the Company continues to draw interest from a number of private and institutional investors. Although we feel that the offer was made in good faith, it did not represent the true value of the future prospects of Magnum. Furthermore, we will continue to pursue capital funding through the same channels with the intention of maintaining the company as a public entity." The details of the offer were asked to be kept confidential by the offering party until such time as its offer was accepted, or until such time that further funding negotiations are completed.
"Although I'm sure our shareholders are anxious to know the details involved in the offer, we will honor the request of the investors until we have completed all of our negotiations regarding potential funding through them. It is too premature to consider any change in control of the company until its full potential can be realized. There is just too much activity to warrant relinquishing control of our licenses and patents at this time."
To date, the Company has not entered into any financing agreements that include equity participation. Furthermore, it is in serious negotiations with several private and institutional investment groups in raising capital to fulfill its current contract obligations and institute its business plan.
looking better...........
Still no news on the takeover price.
The following stocks are listed on the Reg-SHO watch list. Reg-SHO is a US regulation governing stock shortability. In general, Reg-SHO restricted stocks are not permitted for shorting.
Symbol: MDOR
Availability: 0
Exchanges: ARCAEDGE, NITE, OTCBB, IBSX
http://www.interactivebrokers.com/en/trading/ViewShortableStocks.php?cntry=regSHO&tag=Reg%20SHO&ib_entity=llc&ln=
that's nothing...what do you think the buyout price will be..
FORT LAUDERDALE, Fla., Feb 26, 2008 (BUSINESS WIRE) --
Magnum D'Or Resources, Inc. (OTCBB:MDOR) (Magnum) announces today that the Company's Board of Directors met over the weekend to review the recent buyout offer extended to the Company. The Board has instructed Mr. Glusic, Chief Executive of the Company, to continue discussions concerning the recent buyout offer and to request additional information from the interested party for the Board to review. The Company will release further information after it has fully evaluated the offer and determined what path is best for the Company to pursue.
Joseph Glusic went on to say, "MDOR shares have recently seen an increase in market activity. We have also been informed that the Company has recently been added to the Regulation SHO Threshold list, which means that aggregate shares recently traded failed to deliver the reported company's common shares at a registered clearing agency." Mr. Glusic went on to note that, "We are not aware of any situation where there should be any failures to deliver the stock of the Company in an ordinary transaction.
To view a list of companies on the SHO threshold list go to: http://www.nasdaqtrader.com/Trader.aspx?id=RegSHOThreshold
On a further note, the company wishes to inform its investors that as of Monday, February 25, 2008, according to it Transfer Agent (Holliday Stock Transfer Company) the total number of outstanding shares of the company stands at 26,630,914 of which 10,000,000 are non-registered Preferred shares, 10,445,871 are both Restricted common shares and Rule 144 stock, and 5,985,043 are free trading shares. It may be further noted that of the free trading shares, over 2,000,000 are held by insiders and institutional / accredited investors for investment purposes.
To date, the Company has not entered into any financing agreements that include equity participation. Furthermore, it intends on pursuing most, if not all of its financing needs, through conventional methods with institutions and private investment groups.
"We do not intend, nor are we in a position to have to, seek funding that will ultimately force us into diluting our stock at this time," Glusic said. "This is an unfortunate pitfall that many companies fall into at this stage of their development. We are fortunate that we have a business plan and a product that has attracted conventional financiers to our company. My main goal is to build shareholder value, balanced with controlled growth, so that we can take this company to a higher recognition level. This is not to say that we will never entertain interested equity investors, but at this time it is not necessary for us to pursue this path."
Magnum's management understands that there will always be skeptics who will voice their unfounded opinions, but it will also not tolerate unscrupulous or intentional manipulation of its share value. It will pursue any and all legal remedies necessary to limit this kind of activity if it believes the values of its market securities are being undermined.
kewl it
same pr as last one
fluff
the rumors hit the street
F'ed over again by these guys.........
More to come....hold on..........
looks like they're on their way to growth
Big market there for that stuff.
yum yum cookie
Tis getten better by the day...........
Yep....and theres more to come....sit back and wait
This looks too good to be true but apparently it is........well richie
Magnum D'Or Resources Signs 5-year $91,200,000.00 USD Agreement with National Sales & Supply for Rubber Buffings
Magnum D’Or Resources, Inc. (OTCBB:MDOR) (Magnum) announces the signing and closing of a 5 year, $91,200,000.00 ($18,240,000.00 annually) contract, with National Sales & Supply (NSS, LLC.) for rubber buffings effective immediately.
This signed agreement between Magnum and Bensalem, PA based National Sales & Supply is for rubber buffings. Magnum will operate in such capacity to process tires and rubber chips in to usable goods such as buffings.
Joseph Glusic, President of Magnum stated, “We are now accelerating our multi-phase business plan that will include our own production facilities, joint ventures, and sub-license of proprietary technology to qualified groups. With contract in-hand we are now able to seek the capital funding required to meet our rapid growth projections in the “Green” market. The interest in our technology has been staggering to date.”
Magnum, through Spreelast, owns licensing rights and technology to a number of patents for Devulcanising rubber, production of EPDM powders, and EPDM compounds that could potentially revolutionize the rubber recycling industry in the U.S., Canada, and China.
NSS, LLC is a leading manufacturer and distributor of rubber landscaping products including; rubber mulch, rubber timber, benches, stepping stones, pavers, flower beds, pathways, pool & pond borders, and playground safety surfacing products including flex curbs, rubber ground fill, swing safe mats, rubber safety tiles, walk & roll mats.
National Sales & Supply Home page http://www.nsalessupply.com/index.htm and to view Rubber Mulch http://www.national-mulch.com/
Magnum is rapidly expanding to become a Global Leader in the Recycling industry by providing: Turnkey Recycling Plants, Operational Assistance, Consulting Resources, Waste Management Solutions, and Heavy Equipment Supplies such as shredders, granulators, and various machinery for reclaiming and utilizing raw materials. Magnum will also continue as an 'incubator' for businesses seeking to expand in the public venue through acquisitions and partnerships.
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.
Magnum D'Or Resources, Inc., Fort Lauderdale
Joseph Glusic, CEO, 305-420-6563
mdor@magnumresources.net
www.magnumresources.net
you,
no, you have to ask your state securities regulator, the national association of security dealers and the SEC. This is becoming RIPE for a shareholders derivitive action suit.
no Tina not just the physical assets but you are talking about the stock show and the marketing promo firm.
you, they did not get rid of they are spinning it off to a private entity. If they tried without compensating shareholders it would be looting and breach of fiduciary duties.
Tina you cannot arbitrarily spin off part of a public company to a private entity without compensating the shareholders.
That's right Cosmo. This is our company and they work for us. I would not want to see them try to loot the company as it will open a SEC investigation. I guess details will follow.
Well Cosmo if the company is spinning off IBC to a private entity the shareholders should get some sort of payout especially since IBC owns all that promo stock.
scoop em up while you can