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->MDOR News hit the Investors Business Daily this weekend prior to being publicly released by the company. I am long and know several people that will be adding this week on this monster global joint venture with SRI who has already revolutionized rubber and compounds. Undiscovered gem with $131 million in contracts (current mkt cap only 8mm) and much more to come.
http://www.investors.com/corporatenews/nw24.asp
Magnum and Sekhar Research Innovations Join Forces to Develop Next Generation Rubber Processing Aids and range of Custom Multi Application Compounds
Magnum D'Or Resources, Inc. (Nasdaq OTC symbol: MDOR ) announces its new research & development programs, long term partnership, and joint venture with Sekhar Research Innovations Sdn Bhd (SRI). Magnum now has exclusivity for North America and future global rights to an array of next generation cost saving custom compounds targeted at a wide spectrum of applications. Magnum has state of the art processing aids and new world proprietary rubber recycling equipment. These developments will Revolutionize the Global Rubber Processing & Next Generation Compounding Market Worldwide.
Chairman Glusic, stated, “Magnum has positioned itself in the global arena by locating a facility in Malaysia with capability for R & D, high performance compounding, processing aids, recycling solutions, and advanced state of the art equipment.” The new office is located in Malaysia with SRI. “This really puts us on par with many other larger and more sophisticated companies and conglomerates. Actually, it puts us in prime position to be the first public company to operate and produce turnkey rubber recycling solutions, and could be the first Company to actually revolutionize the way rubber is recycled and processed worldwide.”
Magnum will accelerate its plan to produce ultra fine powders and produce high performance compounds & processing aids in Malaysia and Canada. This will dramatically increase profit margins and the return on investment for the products we produce.
SRI and Magnum is currently using its advanced technologies along with continued R & D to produce the next generation of reconstituted rubber compounds and reactivated ambient /cryogenic rubber powders for the world market. By working on the establishment of these specialized recycled compounds into accepted standardized raw material compounds, we are moving away from the conventional filler and diluents market and into the value added compounds that contribute to the performance of the final product.
SRI was founded by the doyen of modern Rubber Technology, the late Tan Sri Dr. B.C. Sekhar to develop and commercialize proprietary innovations and technologies developed by him. SRI in addition boasts new cutting edge solutions in elastomeric processing technologies and proprietary next generation equipment and processes for the rubber recycling industry developed by his son Gopinath B. Sekhar. http://srielastomers.com/research.
Magnum currently holds $130 Million in open contracts 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. Magnum's 98,000+ sq is located in Quebec, within the Technology Center of Magog.
Magnum to be aired on "21st Century Business Solutions Series": This series will be aired on CNBC, FOX, Hong Kong's Asia Television, and other Leading Networks.
Magnum to be aired on "Our Planet": This show will be aired multiple times on Fox Business Network, CNN Headline News, Discovery Channel, CNN, MSNBC and Regional News Network.
Investor Information:
Contact:
Magnum D'Or Resources, Inc., Fort Lauderdale
Joseph Glusic, CEO, 305-420-6563
E-mail: mdor@magnumresources.net
Website: www.magnumresources.net
->MDOR News hit the Investors Business Daily this weekend prior to being publicly released by the company. I am long and know several people that will be adding this week on this monster global joint venture with SRI who has already revolutionized rubber and compounds. Undiscovered gem with $131 million in contracts (current mkt cap only 8mm) and much more to come.
http://www.investors.com/corporatenews/nw24.asp
Magnum and Sekhar Research Innovations Join Forces to Develop Next Generation Rubber Processing Aids and range of Custom Multi Application Compounds
Magnum D'Or Resources, Inc. (Nasdaq OTC symbol: MDOR ) announces its new research & development programs, long term partnership, and joint venture with Sekhar Research Innovations Sdn Bhd (SRI). Magnum now has exclusivity for North America and future global rights to an array of next generation cost saving custom compounds targeted at a wide spectrum of applications. Magnum has state of the art processing aids and new world proprietary rubber recycling equipment. These developments will Revolutionize the Global Rubber Processing & Next Generation Compounding Market Worldwide.
Chairman Glusic, stated, “Magnum has positioned itself in the global arena by locating a facility in Malaysia with capability for R & D, high performance compounding, processing aids, recycling solutions, and advanced state of the art equipment.” The new office is located in Malaysia with SRI. “This really puts us on par with many other larger and more sophisticated companies and conglomerates. Actually, it puts us in prime position to be the first public company to operate and produce turnkey rubber recycling solutions, and could be the first Company to actually revolutionize the way rubber is recycled and processed worldwide.”
Magnum will accelerate its plan to produce ultra fine powders and produce high performance compounds & processing aids in Malaysia and Canada. This will dramatically increase profit margins and the return on investment for the products we produce.
SRI and Magnum is currently using its advanced technologies along with continued R & D to produce the next generation of reconstituted rubber compounds and reactivated ambient /cryogenic rubber powders for the world market. By working on the establishment of these specialized recycled compounds into accepted standardized raw material compounds, we are moving away from the conventional filler and diluents market and into the value added compounds that contribute to the performance of the final product.
SRI was founded by the doyen of modern Rubber Technology, the late Tan Sri Dr. B.C. Sekhar to develop and commercialize proprietary innovations and technologies developed by him. SRI in addition boasts new cutting edge solutions in elastomeric processing technologies and proprietary next generation equipment and processes for the rubber recycling industry developed by his son Gopinath B. Sekhar. http://srielastomers.com/research.
Magnum currently holds $130 Million in open contracts 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. Magnum's 98,000+ sq is located in Quebec, within the Technology Center of Magog.
Magnum to be aired on "21st Century Business Solutions Series": This series will be aired on CNBC, FOX, Hong Kong's Asia Television, and other Leading Networks.
Magnum to be aired on "Our Planet": This show will be aired multiple times on Fox Business Network, CNN Headline News, Discovery Channel, CNN, MSNBC and Regional News Network.
Investor Information:
Contact:
Magnum D'Or Resources, Inc., Fort Lauderdale
Joseph Glusic, CEO, 305-420-6563
E-mail: mdor@magnumresources.net
Website: www.magnumresources.net
Magnum has one of the Top SEC Accounting Firms. I know in the article I read they are top 40 but I thought they mentioned being in Top 20 now. This alone gives me a warm feeling knowing an Auditing Firm like Weinberg decided to pick them and be a part of the Magnum team this means they are going places.
http://www.cpaweinberg.com/about.htm
This is from awhile ago and I heard they have moved way up to a better ranking http://www.cpaweinberg.com/Weinberg_Brochure.pdf
I must say this board has some marks on it. Add another one please.
(WOW)Founder of SRI, Tan Sri Dr B.C. Sekhar revolutionised and modernised Malaysia’s rubber industry and put the crop on the world map. He was fondly known as Mr Natural Rubber.
http://en.wikipedia.org/wiki/B.C._Shekhar
http://srielastomers.com/about
Personal History
Sekhar, was born in on the 16th of November 1929 on the Ulu Bulu Estate (now Malayan Glass)quite near the Rubber Research Institute of Malaysia’s 3,400-acre experiment station at Sungai Buloh, which during his tenure he developed into one of the most comprehensively equipped research centers in the world able to conduct in-depth research into the manufacture of nearly every conceivable rubber application from tubes, tyres and gloves to earth quake disaster prevention devices. He started as a chemist at the institute in 1949 and led research, particularly in physiochemical changes in rubber.
[edit] Contributions
[edit] Rubber
Sekhar served the natural rubber industry for about 50 years in various capacities.
He was the first Asian Director of the Rubber Research Institute of Malaysia in 1966 and, subsequently, become the first Asian Controller of Rubber Research and chairman of the Malaysian Rubber Research and Development Board.
Under his leadership, the Rubber Research Institute of Malaysia (RRIM), Tun Abdul Razak Rubber Research Centre (TARRC) in Hertford, Britain, and the Malaysian Rubber Board (MRB) rose to great heights and gained international recognition for excellence in research, modernisation of the rubber industry and the vigorous promotion and expansion of rubber usage.
He was actively involved in the formation of the Malaysian Agriculture Research and Development Institute and evolved the Malaysian Rubber Development Corporation from a desk in his division to what it finally became. His efforts in setting up central processing units throughout the country and spearheading small holder support and development systems lead to their achieving impressive levels of performance and viability, while contributing substantively to the nations economy.
Sekhar also oversaw the development of stimulants to paint on rubber trees to double and in many cases triple latex yields. He was directly involved in the invention and subsequent development of the Standard Malaysian Rubber (SMR) process whose final product allowed for grading to buyers’ specifications to a very high level of consistency. This was one of its most significant developments as an industrial raw material. With numerous patents to his name some of his more recent innovations were in the areas of rubber recycling (Delink), low protein latex and rubberised textiles.
[edit] Palm Oil
He was also instrumental in setting up the Palm Oil Research Institute of Malaysia and was its founder and Chairman. Sekhar established Porim as one of the premier centers for oils and fats research in the world.
Sekhar was a tireless champion for the rights of Malaysian plantation workers and their progeny and made it an important part of his life's work to make sure that they received a monthly wage and due recognition from the government for their contributions to the economy of the nation.
[edit] Awards and Recognitions
As one of Asia’s most effective scientists, Sekhar received the 1973 Ramon Magsaysay Award for Government Service and many other awards, local and international, for his efforts.
The King and Government of Malaysia, in recognition of his excellent service to the nation, bestowed upon him the title of 'Tan Sri'.
[edit] Family
Sekhar was married to Puan Sri Sukumari Shekhar. He had four children and 8 grandchildren.
Tan Sri B.C Shekar died of a heart attack on September 6, 2006 at the Kalayappa Hospital in Chennai, India at 9am (5am India time). He was 77. His remains were cremated at the Cheras crematorium in Malaysia.
Got to dig a girl vice president. Especially a not so smart one.
This might be another easy trade at these levels.
Just checking in ed.
(R&D) Sekhar Research Innovations Sdn Bhd (SRI) and Magnum D’Or Resources, Inc. (Magnum) are currently working with manufacturers (with specific relevance) on the following:
1. Consulting on Processing & Recycling Solutions
2. Production of custom compounds for the following product ranges:
* Retread
* Motorcycle Tyres
* Bicycle Tyres
* NR & Butyl Rubber Tubes
* Automotive Components
* Marine Rubber Component Compounds (dock bumpers etc)
Other activities:
A. Cryogenic Crumb Recycling & Application Solutions
B. Manufacturing Solutions related to process automation & bulk volume processing
C. Specialized Processing Aids
Other SRI Research activities
1. Low Protein Latex for production of latex dipped goods (examination & surgical gloves, catheters and condoms etc) with residual extractable protein levels below the sensitivity limits of accepted test methods. Currently in the process of being licensed for production in Malaysia with one of the top 3 manufacturers in the world waiting to launch full production runs.
2. SP Rubbers & High Spec Engineering Rubber
3. Latex Centrifugation efficiency solutions
4. Latex Creaming efficiency solutions
5. Latex impregnated fabric -Basically a technology that allows you to produce a low cost water proof/resistant, flame resistant blanket that can be used for emergency aid. Would have been perfect for Katrina and similar emergency aid requirements all over the world.
6. Crumb Rubber (SMR) drying system - substantially improves output speed and automates bulk of process, licensed in Malaysia, in the process of negotiating licenses for Thailand and Indonesia.
7. R&D
Sekhar Innovations (SRI) and Magnum D’Or Resources, Inc (Magnum) Research Programs
1. We are working on specific programs to substantially increase the speed, cost efficiency, processing capacities and performance specifications of existing devulcanization technologies. Here we are talking about the next generation of processes and materials with the word potential removed because we are going to do it now.
2. Working on the establishment of these specialized recycled compounds into accepted standardized raw material compounds. We are focused on stepping away from the filler and diluent market and into the value added compounds that contribute to the performance of the final product.
3. Research into the development of cutting edge Processing Aids with emphasis on high performance specifications and low cost. (Processing aids are materials, chemicals and products that modify the behavior of compounds in terms of characteristics during process and or performance parameters in the final product. In rubber, processing aids have become a vital component in nearly all manufactured products, molded, extruded or otherwise)
DESIGN & DEVELOPMENT COMPOUND TESTING
(it appears Magnum has partnered with an 800lb gorilla)
http://srielastomers.com/process
Custom compounds that can meet specific technical challenges while effectively addressing the problem of spiraling raw material costs. Our Malaysian and Indian based chemists and technologists bring considerable experience and knowhow to bring tomorrow’s compound solutions today based on cutting edge science rather than fillers and diluents.
"Sekhar Research Innovations Sdn Bhd and Magnum D’Or Resources, Inc uses its revolutionary technologies and research & development to produce the next generation of retread compounds and reactivated ambient /cryogenic rubber powders for the world market."
Scrap Rubber/Tires represent a readily available industrial raw material which is ideally suited for recycling because of their unique composition and number of useful end-user products that can be produced through a variety of processes. We have tested and formulated a number of high-tech and revolutionary innovative methods for the recycling of scrap tires, although not all of them represent recycling in its original meaning. These methods differ in regard to their products, feasibility, technical efficiency and ecological compatibility. It is our goal to work with technologies that provide the optimum solutions in meeting today’s needs in commercially and technically viable manner.
SRI has the news on it's site and appears more in depth. I am going to do some serious digging on SRI.
http://srielastomers.com/2008/10/sri-and-magnum-d%E2%80%99or-resources-enter-joint-venture
SRI and Magnum d’Or Resources enter Joint Venture
Published
by
SRI
on October 11, 2008
in Announcement
. Tags: Magnum, Recycled Rubber, SRI.
Magnum and Sekhar Research Innovations Join Forces to Develop Next Generation Rubber Processing Aids and range of Custom Multi Application Compounds
FORT LAUDERDALE, Fla., Oct. 13 /PRNewswire-FirstCall/ — Magnum D’Or Resources, Inc. (OTC Bulletin Board: MDOR - News) announces its new research & development programs, long term partnership, and joint venture with Sekhar Research Innovations Sdn Bhd (SRI). Magnum will receive immediate exclusivity for North America and future global rights to an array of next generation cost saving custom compounds targeted at a wide spectrum of applications. In addition, Magnum will have access to state of the art processing aids and new world proprietary rubber recycling equipment. These developments will Revolutionize the Global Rubber Processing & Next Generation Compounding Market Worldwide.
Chairman of Magnum, Joe Glusic, stated, “Magnum has now positioned itself in the global arena by locating a facility in Malaysia with capability for R & D, high performance compounding, processing aids, recycling solutions, and advanced state of the art equipment.” Its new office will be located locally in Malaysia with SRI. “This really puts us on par with many other larger and more sophisticated companies and conglomerates. Actually, it puts us in prime position to be the first public company to operate and produce turnkey rubber recycling solutions, and could be the first Company to actually revolutionize the way rubber is recycled and processed worldwide.”
Magnum will accelerate its plan to produce ultra fine powders, and will now produce high performance compounds & processing aids both in Malaysia and in Canada at its existing Magog facility. These new additions will dramatically boost the return on investment for the products we produce. The profit margins associated with rubber powders and ancillary compounding will be significantly higher than producing conventional products like buffing and nuggets. Being further up the value and performance chain also means it will lead to substantial increases in consumption and consequent revenue. In addition to our facility in Malaysia, we will also use the new Research and Training facility located adjacent to our production facility in Magog to accelerate the introduction of the full range of cost saving multi application compounds and processing aids into the North American compounding community.
Sekhar Research Innovations Sdn Bhd and Magnum D’Or resources, Inc is currently using its advanced technologies along with continued research & development to produce the next generation of retread compounds and reactivated ambient /cryogenic rubber powders for the world market.
We have tested and formulated a number of high-tech and revolutionary innovative methods for the recycling of scrap tires, although not all of them represent recycling in its original meaning. These methods differ in regard to their products, feasibility, technical efficiency and ecological compatibility; however, it is our goal to work with technologies that provide the optimum solutions in meeting today’s needs in commercially and technically viable manner.
We are also working on specific programs to substantially increase the speed, cost efficiency, processing capacities and performance specifications of existing devulcanization technologies. Program Research reaches into the development of cutting edge Processing Aids with emphasis on high performance specifications and low cost implementation. (Processing aids are materials, chemicals and products that modify the behavior of compounds in terms of characteristics during process and or performance parameters in the final product. In rubber, processing aids have become a vital component in nearly all manufactured products, molded, extruded or otherwise.)
By working on the establishment of these specialized recycled compounds into accepted standardized raw material compounds, we are moving away from the conventional filler and diluents market and into the value added compounds that contribute to the performance of the final product.
About SRI:
SRI was founded by the doyen of modern Rubber Technology, the late Tan Sri Dr. B.C. Sekhar to develop and commercialize proprietary innovations and technologies developed by him. Today SRI in addition boasts new cutting edge solutions in elastomeric processing technologies and proprietary next generation equipment and processes for the rubber recycling industry developed by his son Gopinath B. Sekhar. SRI is also providing a new perspective to an old and traditional industry with new technically specified rubbers and specialized low protein latex. With proprietary technologies designed for promoting improved properties, as well as, cost reductions in processing techniques, SRI is positioned to be a global leader in the manufacture and development of new and substitutive rubber products.
http://srielastomers.com/research
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 through its turnkey recycling facilities.
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.
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.
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.
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.
Contact:
Magnum D’Or Resources, Inc., Fort Lauderdale
Joseph Glusic, CEO, 305-420-6563
www.magnumresources.net
mdor@magnumresources.net
Looks like they are finally advertising or should I say someone is hiring promotion people. I would of thought we'd be up higher then today's closing price.
This is just crazy seeing stocks like this at 10cents a share.
MDOR this is why. The terms of the investment includes the option to purchase warrants over a two year term with a strike price of $1.00. The strike price reflects a 100% premium above the current share price. The warrants associated with this agreement reflect the same strike price as was introduced with the recently closed 1MM funding raised from accredited investors. I wanted to stress to our shareholders in these hard times and market conditions that we continue striving to create maximum shareholder value through our alliances and arrangements.
MDOR maybe a trade today. Magnum Announces Cash Infusion of $382,000 From a Private Investor for Buffing Equipment
Wednesday October 1, 9:00 am ET
FORT LAUDERDALE, Fla., Oct. 1 /PRNewswire-FirstCall/ -- Magnum D'Or Resources, Inc. (OTC Bulletin Board: MDOR - News) announces the company has signed a two year, non convertible promissory note, for the sole purpose of buying buffing equipment. This key accredited investor has decided to fund the company through an immediate cash infusion in order to accelerate the production of rubber buffing (mulch).
Chairman Joe Glusic stated, "We recently purchased 4 new high tech computerized buffing machines in order to aid production capacity for Magnum. We're expecting to receive our first shipment of buffers in mid October 2008."
The terms of the investment includes the option to purchase warrants over a two year term with a strike price of $1.00. The strike price reflects a 100% premium above the current share price. The warrants associated with this agreement reflect the same strike price as was introduced with the recently closed 1MM funding raised from accredited investors. I wanted to stress to our shareholders in these hard times and market conditions that we continue striving to create maximum shareholder value through our alliances and arrangements.
The company is expecting to update the market with more exciting events in the near term. Glusic stated, "We have a number of significant items on the table and are anxious in sharing them with the public markets in the near future."
About Magnum:
Magnum currently holds $131 million USD in open and unfilled contracts with NSS, LLC over the next five years for the production of both rubber nuggets and rubber buffing using its "Close Loop Green Technology." MDOR's business strategy is to establish 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'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.
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.
Contact:
Magnum D'Or Resources, Inc., Fort Lauderdale
Joseph Glusic, CEO, 305-420-6563
www.magnumresources.net
mdor@magnumresources.net
Source: Magnum D'Or Resources, Inc.
Yes it appears this is the bottom as I mentioned as well pro.
I guess know body is making money in this stock except for me? Where is everyone?
Magnum Announces Cash Infusion of $382,000 From a Private Investor for Buffing Equipment
Wednesday October 1, 9:00 am ET
FORT LAUDERDALE, Fla., Oct. 1 /PRNewswire-FirstCall/ -- Magnum D'Or Resources, Inc. (OTC Bulletin Board: MDOR - News) announces the company has signed a two year, non convertible promissory note, for the sole purpose of buying buffing equipment. This key accredited investor has decided to fund the company through an immediate cash infusion in order to accelerate the production of rubber buffing (mulch).
Chairman Joe Glusic stated, "We recently purchased 4 new high tech computerized buffing machines in order to aid production capacity for Magnum. We're expecting to receive our first shipment of buffers in mid October 2008."
The terms of the investment includes the option to purchase warrants over a two year term with a strike price of $1.00. The strike price reflects a 100% premium above the current share price. The warrants associated with this agreement reflect the same strike price as was introduced with the recently closed 1MM funding raised from accredited investors. I wanted to stress to our shareholders in these hard times and market conditions that we continue striving to create maximum shareholder value through our alliances and arrangements.
The company is expecting to update the market with more exciting events in the near term. Glusic stated, "We have a number of significant items on the table and are anxious in sharing them with the public markets in the near future."
About Magnum:
Magnum currently holds $131 million USD in open and unfilled contracts with NSS, LLC over the next five years for the production of both rubber nuggets and rubber buffing using its "Close Loop Green Technology." MDOR's business strategy is to establish 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'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.
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.
Contact:
Magnum D'Or Resources, Inc., Fort Lauderdale
Joseph Glusic, CEO, 305-420-6563
www.magnumresources.net
mdor@magnumresources.net
Source: Magnum D'Or Resources, Inc.
News is out and it is tremendous. This is rock solid news my friends to see one accredited investor lay out $382,000 is cash and then take the option of buying $382,000 warrants at $1.00.
As far as I see the stocks valuation should be a min of a $1.00 right now. As of today there has been 1.382 million warrants sold at $1.00. This is bullish and in this market the company is doing phenomenal.
There is resistance up here. It was a good trade and now looking for a small pullback.
Interesting.
ED this one looks like a trade to me.
Can you say updates? Company appears to be building what might be consider the best rubber recycling company in the stock market.
Investors http://spreelastglobal.com/investors.php
* 28 Sep 2008, 12:00 AM Magnum's Magog Facility Layout (Tires Enter Primary Shredder Outside than go Inside Facility through New Door Installed)
* 28 Sep 2008, 12:00 AM Magnum's Magog Facility Layout (Shredded Tires Entering Facility into Secondary Shredder and then move to Granulator)
* 28 Sep 2008, 12:00 AM Magnum's Magog Facility Layout (Top View of Phase 1 Installation of Turnkey "Close Loop Green Technology" Plant)
* 27 Sep 2008, 12:00 AM Magnum's Magog Facility Photo (front entrance)
* 27 Sep 2008, 12:00 AM Magnum's Magog Facility Photo (top entrance view)
* 27 Sep 2008, 12:00 AM Magnum's Magog Facility Photo (new executive furniture)
* 27 Sep 2008, 12:00 AM Magnum's Magog Facility Photo (upstairs executive office in progress)
* 27 Sep 2008, 12:00 AM Magnum's Magog Facility Photo (electrical layout)
* 27 Sep 2008, 12:00 AM Magnum's Magog Facility Photo (underground electrical layout)
* 27 Sep 2008, 12:00 AM Magnum's Magog Facility Photo (outside contruction of doors)
* 27 Sep 2008, 12:00 AM Magnum's Magog Facility Photo (outside contruction of both doors)
* 27 Sep 2008, 12:00 AM Magnum's Magog Facility Photo (outside contruction halfway completed)
* 27 Sep 2008, 12:00 AM Magnum's Magog Facility Photo (outside doors completed, showing one door)
* 27 Sep 2008, 12:00 AM Magnum's Magog Facility Photo (inside photo showing equipment 1 month ago)
* 27 Sep 2008, 12:00 AM Magnum's Magog Facility Photo (inside photo showing equipment 1 month ago) pic 2
* 27 Sep 2008, 12:00 AM Magnum's Magog Facility Photo (contol panel equipment)
* 27 Sep 2008, 12:00 AM Magnum's Magog Facility Photo (conveyors) pic one month ago
* 27 Sep 2008, 12:00 AM Magnum's Magog Facility Photo (inside photo showing equipment 1 month ago) pic 3
* 27 Sep 2008, 12:00 AM Magnum's Magog Facility Photo (inside photo showing equipment 1 month ago) pic 4
* 27 Sep 2008, 12:00 AM Magnum's Magog Facility Photo (inside photo showing equipment 1 month ago) pic 5
* 27 Sep 2008, 12:00 AM Magnum's Magog Facility Photo (inside photo showing equipment 1 month ago) pic 6
* 27 Sep 2008, 12:00 AM Magnum's Magog Facility Photo (inside photo showing equipment 1 month ago) pic 7
* 27 Sep 2008, 12:00 AM Magnum's Magog Facility Photo (inside photo showing equipment 1 month ago) pic 8
* 27 Sep 2008, 12:00 AM Magnum's Magog Facility Photo (inside photo showing equipment 1 month ago) pic 9
* 27 Sep 2008, 12:00 AM Magnum's Magog Facility Photo (inside photo showing equipment 1 month ago) pic 10
* 27 Sep 2008, 12:00 AM Magnum's Magog Facility Photo (inside photo showing fork lift moving conveyors)
* 27 Sep 2008, 12:00 AM Magnum's Magog Facility Photo (rear entrance and equipment delivery)
* 27 Sep 2008, 12:00 AM Magnum's Magog Facility Photo (plant equipment delivery)
* 27 Sep 2008, 12:00 AM Magnum's Magog Facility Photo (inside photo showing equipment delivery 1.5 months ago) pic 1
* 27 Sep 2008, 12:00 AM Magnum's Magog Facility Photo (inside photo showing equipment delivery 1.5 months ago) pic 2
* 27 Sep 2008, 12:00 AM Magnum's Magog Facility Photo (inside photo showing equipment delivery 1.5 months ago) pic 3
* 27 Sep 2008, 12:00 AM Magnum's Magog Facility Photo (inside photo showing equipment delivery 1.5 months ago) pic 4
* 27 Sep 2008, 12:00 AM Magnum's Magog Facility Photo (inside photo showing primary shredder delivery)
* 27 Sep 2008, 12:00 AM Magnum's Magog Facility Photo (free tire delivery)
* 27 Sep 2008, 12:00 AM Magnum's Magog Facility Photo (Magnum's Sign on Hwy)
* 27 Sep 2008, 12:00 AM Magnum's Magog Facility Photo (Magnum's Sign on front of Building with Mike (Michel) Boux)
* 18 Sep 2008, 11:08 PM "THE PROJECT" Magnum Recycling Canada, Inc (division of Magnum DOr Resources, Inc)
* 18 Sep 2008, 10:51 PM Market study
* 18 Sep 2008, 10:40 PM Political-economic implications for the city and region:
* 18 Sep 2008, 10:22 PM PLANT FOR THE PRODUCTION OF THERMOPLASTICS AND THERMOPLASTIC ELASTOMERS
* 18 Sep 2008, 09:31 PM Equipment fabricator & supplier and the Magnum CRYO
* 18 Sep 2008, 09:28 PM Availability of Waste Materials (tires)
* 18 Sep 2008, 09:22 PM Here are some rubber specific advantages for Rubber Buffings and Rubber Nuggets
* 18 Sep 2008, 08:53 PM MAGNUM RECYCLING VIDEO'S OF ARTECH RECYCLINGTECHNIK AND SPREELAST AG
* 18 Sep 2008, 08:27 PM Magnums Magog Plant will be able to produce crumb rubber as well as ambient powders.
Watching for OTCBB:MDOR mile stone event tomorrow.
http://biz.yahoo.com/prnews/080924/clw040.html?.v=101
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.
Contact:
Magnum D'Or Resources, Inc., Fort Lauderdale
Joseph Glusic, CEO, 305-420-6563
www.magnumresources.net
mdor@magnumresources.net
Source: Magnum D'Or Resources, Inc.
Watching for OTCBB:MDOR mile stone event tomorrow.
http://biz.yahoo.com/prnews/080924/clw040.html?.v=101
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.
Contact:
Magnum D'Or Resources, Inc., Fort Lauderdale
Joseph Glusic, CEO, 305-420-6563
www.magnumresources.net
mdor@magnumresources.net
Source: Magnum D'Or Resources, Inc.
ED, the company has big names and big numbers submitted with the SEC. The performance time is nearing.
-
Magnum Recycling Canada Inc Retains Raymond Chabot Grant Thornton and Updates Buffing Machines
Thursday September 25, 11:25 am ET
MAGOG, Quebec, Sept. 25 /PRNewswire-FirstCall/ -- Magnum D'Or Resources, Inc. (OTC Bulletin Board: MDOR - News) recently retained Canada's top tier firm, Raymond Chabot Grant Thornton (RCGT).
General Manager Mike (Michel) Boux stated, "I am excited to see Magnum working with a top tier firm like RCGT that has rubber experts/specialists and a variety of other strong assets for Magnum. I have personally been working with them for over 10 years. RCGT has been aiding Magnum with variety of beneficial services including effectiveness of internal controls, implementing our strategy, improve development opportunities, financing of the research & development projects and income tax recovery (credit). Here in Magog, Quebec it happens to be one of the best places to do research & development in North America."
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."
New photos of the "production doors" for buffed tires and primary shredder and the "new signs" with Mike Boux:
http://016aa3c.netsolhost.com/HPIM0875.jpg
http://016aa3c.netsolhost.com/HPIM0871.jpg
http://016aa3c.netsolhost.com/HPIM0872.jpg
About Raymond Chabot Grant Thornton: http://www.rcgt.com/?CultureCode=en
Serving small, medium and large companies in every sector of activity for more than 60 years! Our experts in assurance, taxation, consulting and Recovery & Reorganization are intent on partnering with you to encourage your growth.
Today, Raymond Chabot Grant Thornton (L.L.P.) has more than 2,000 employees in more than 90 offices and is a member within Grant Thornton International. Grant Thornton International is one of the world's leading organizations of independently owned and managed accounting and consulting firms. These firms provide assurance, tax and specialist business advice to privately held businesses and public interest entities.
Member firms focus on helping the individuals who own the businesses they manage reach their personal and commercial goals by providing practical, customized solutions and identifying and pursuing business opportunities domestically and internationally.
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.
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.
Contact:
Magnum D'Or Resources, Inc., Fort Lauderdale
Joseph Glusic, CEO, 305-420-6563
www.magnumresources.net
mdor@magnumresources.net
Watching for OTCBB:MDOR mile stone event tomorrow.
http://biz.yahoo.com/prnews/080924/clw040.html?.v=101
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.
Contact:
Magnum D'Or Resources, Inc., Fort Lauderdale
Joseph Glusic, CEO, 305-420-6563
www.magnumresources.net
mdor@magnumresources.net
Source: Magnum D'Or Resources, Inc.
Company updated the website over the weekend. They had added the investors tab to the new website http://www.magnumresources.net but hadn't put much on it. I just found an enormous amount of new items on there now.
http://spreelastglobal.com/investors.php
The support as I have said looks to be at the current range of 1.00
Good entry point around 1.00 per share. May get a bounce.
Cheap Cheap.
Clay what's your thoughts on MDOR? Your videos are very cool.
MDOR appears to a breakout too ed. Just wanted to say hi. You should check out the volume on MDOR.
I know of a few individuals (not the type that would ever post on ihub) that have actually bought a sizable position here in the 45 to 55 cent range. I mean 50,000 shares or more and there happens to be a few of them. These out side promoters can't hurt us one bit being that the company isn't dumping shares. MDOR is unlike most the pieces of sh%t out there that hire promoters to dump stock. MDOR already has the equipment they already have the contracts. I am happy to see some large shareholders or 3rd parties are putting some monies into they're investment being that they are the ones hiring the past 2 promoters (it appears).
I don't think we'll see that high of a price in a year. However these prices like you said are just silly down at these levels.
Good trade today. Glad we got some real cheap ones.
Support maybe around 1.00. This could be a bounce.
Stock looks much better this week.
Up a nickel again. That 1.20 may be a base for us.
Funny to see Hdsn on the high bid side now pre market and 2500 shares being bought pre market. I would assume they want out of the small short they tried playing yesterday.
It appears Hdsn likes to play the short side in Magnum but normally covers within a few days. If we can breakout of this range which it appears were doing this morning then he will be in trouble.