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I tend to agree with you makamai. Richie tends to lean the other way but that is his decision on Magnum. We know where Magnum will be in the near term and I am glad to have gotten in so cheap at these current levels. The majority of the growth will be in the coming months.
Upside is ridiculous.
Just bought 10K more @ $0.45
LOL.. I dont know who would sell @ $0.36, that is financial suicide.. Your right surf
HOLY bovine........ that is awesome....
Magnum D’Or Resources, Inc. (MDOR) currently has open contracts with a variety of clients including 1 major contract with NSS, LLC (Majestic Rubber Mulch) for $131 million over the next five years for the production of both rubber nuggets and rubber buffings. MDOR’s market cap right now is ridiculously cheap at $10 million. Using 25% as a basic net earnings figure MDOR would earn about $6.5 million a year off these contracts or roughly .36 cents per share. Using a conservative PE multiplier of 15 that would put the stock around $5.50 PER SHARE for MDOR.OB
Posted by: OtcStockSource Date: Friday, February 13, 2009 12:34:22 PM
In reply to: patchonline who wrote msg# 4227 Post # of 4229 [Send a link via email]
Wow...I hope Magnum can Prove they aren't stealing the tires they recycle right off the cars in our driveways LOL. Since they aren't going out of the way top prove they aren't stealing and trying to prove they are not criminals they must be I guess.
NOTE TO OTHER POSTERS: get a stepladder if you are going to reach as HIGH as that last post. Unfounded and nonsensical inquiries like patent infringement which have never come into question by any legitimate organization or regulator are slanderous at best. I am forwarding that post to the company. I find this type of scuttlebutt malicious and targeted.
This post was deleted less than 20 seconds after it was posted. There is not one TOS violation.
This is a legitimate response to his post. I would like it restored or a legitimate reason it was deleted.
His post is some quote of wikipedia and is off topic and not related to magnum at all.
305-420-6563
Call and ask the company... I am sure Chad is there... Ask him when he thinks it will come out and post the results.
That would be a big help.
I am wondering that myself
I am well aware of what is in the filings. And leave words like "YOU" out of your posts in response to me.. You don't know me and I dont want you addressing what your opinions of what I SHOULD do personally on this message board. If you would like to address me privately then direct your remarks to me in specific. You claim of "You, need to read the 10K's" is a direct challenge of my knowledge and I don't appreciate it.
In specific because Myself nor Any else has Said that they have made money for the two filed years, however they have produced in the last two years. And if the du7e diligence is is solid from the source giving me direction to read 10 k's is good, they would have read where the company after the 2008 10k reports revenues.
Swing and a MISS... That is for 2008... they reported in press releases just after. Should be in the next filing. LOL..
They have spent two years getting a recycling facility acquired and built and getting pre sold product. Maybe they should make the money before they set up the company and sell the products.
I know, they could do something new like, Make money from thin air.
Then we wouldn't even have to set up a facility to shred the tires.
We could just go straight to producing money without doing any work or getting contracts or acquiring tires or any engineering at all.
HOLY CRAP
This is a much better idea.
DE DE DE
My Faith in Magnum is Unaltered.... This filing being complete is a blessing and we should all be grateful for the fact that MDOR is so transparent.. We all know that 99% of the other BB companies wouldn't even list the shares LOL.. They would just straight out lie to all of us.
I've gotten about 10 k more shares this week.. I will be loading more next week when my stupid funds clear from my mutal fund i had them sell off....
Mutual funds are a WASTE of time.... It5s obvious too that stock brokers and fund managers are literally retarded.
i think 48 hours... probably business hours... im looking for it, but it could vary form company to company.
LOL.... "The Story, You want to know"
LOL... ROFLMAO...
Good Post...
This shirt is black not.
looking forward to next week when the SYMBOL is back to normal and all the newbies wont be confused about it when they try and buy.
FOR NEWBIES
MDOR’s profit margins are simply unbeatable. Just imagine they get their ‘Raw Material’ being used tires and rubber for ABSOLUTELY FREE. Fact is they are one of the very few companies worldwide to get their ‘Raw Materials’ for free. In many cases they get tipping fees to take the used tires. This alone is another HUGE source of income and revenue stream. The company receives an additional LARGE source of income and earnings from all the STEEL they recycle from the used tires, this is because their patented recycling machines can remove 99% of all the high quality STEEL. MDOR’s rubber products “Generate” anywhere from $200 to $2000 a ton after recycled. The profit margins are extremely enormous; anywhere from 29% to 80% therefore they look to be one of Wallstreet’s most high profit margined small cap companies.
Im glad somebody over there decided to take a paycheck after over 2 years... I know Chad and many other have personally invested millions into Magnum and we should all be grateful for that fact. Id rather have people running the company with smiles on their faces than these $1 per year idiot ceo's.
Looking forward to getting the E off the Symbol.
very nice day today... exactly what we needed
TY Makamai.... The Offer smaking is helping too LOL... GO MAGNUM
One of my biggest points as a long for keeping my stock is that magnum is in an industry that as long as Human beings occupy this planet without help form some sort of alien encounter where they gift us with polymer and elastomers that are in infinite surplus..... Magnum is in this rubber industry that no matter what the current condition of the world is even down the most poverty stricken and stretched incomes of the world.... The basic Human NEED for RUBBER is as genuine and apparent as FUEL and POWER technologies. If rubber was to disappear today, we would be looking at over 50% of the worlds populations starving to death and dying from lack of medical treatment.
SOOOOO.... when the world runs out of Virgin rubber as scientist predict in about 10 years and with a shortage in 6 years... the world is looking at a very major change in the way we drive cars and develop medical supplies. Rubber is on everything....
Here is MDORE their new buffings they announced today in the PR.
MDORE...Here is a pick of the buffings... form their web site....
I wanted to just put out there that this is just one page on the Magnum Web site and all of these are links to videos and photos of Magnums Plant coming into what it is today step by step.
I dont think there is one company on the OTC being as transparent.
Wait, maybe they are being TOO Transparent... Is this a Red Flag, why would they want to go out of their way to be transparent. OH man, Im nervous, Now so much Good due diligence and buying signals.
* 03 Feb 2009, 12:00 AM PHOTOS-OTR Buffing Machines and Production
* 29 Jan 2009, 08:45 AM VIDEO of OTR Buffing Machines Successful Run Producing Buffings
* 27 Jan 2009, 10:05 PM Rubber Buffing Shipments to NSS for Wal-Mart, Home Depot, Costco, Sams, Lowes
* 27 Jan 2009, 10:00 PM VIDEO of OTR Buffing Machine Test Run & Start Up
* 23 Jan 2009, 12:00 AM PHOTO'S OTR Buffer Machines and OTR tire shipments
* 15 Jan 2009, 09:30 PM OTR Buffers & Rubber Crumb/Nugget Plant (Photo's from week 1/12/09)
* 09 Jan 2009, 10:59 PM Few Progress Photo's from week Jan 5 2009 for our Shareholders
* 27 Dec 2008, 12:00 AM OTR Buffing Machines Installations Nears Completion
* 18 Dec 2008, 12:00 AM VIDEO-Magnum Buffing Machines, Screening, Seperating, Buffing Bags
* 17 Dec 2008, 02:40 AM OTC Buffer Machines and Delivery at magog Facility
* 13 Dec 2008, 04:00 PM NEW VIDEO-Buffing Production at Magnum Magog with 3 types of Buffings
* 12 Dec 2008, 04:00 PM UPATED PHOTOS Magnums Buffing Machines, Buffing Production, Tire Shipments
* 12 Dec 2008, 02:00 PM Fabrication Work and Preparation for Crumb Rubber and Nugget Plant
* 12 Dec 2008, 12:00 AM Additional Buffing Products, Types, Sizes for New and Future Clients
* 11 Dec 2008, 12:00 AM Magnum's New Multi Versatile Loader
* 01 Dec 2008, 12:00 AM Magnum's Magog New Weighing Scale and System
* 30 Nov 2008, 12:00 AM Magnum's Magog Facility, Few Updated Photos from week 11/24/08
* 29 Nov 2008, 12:00 AM Magnum White Rubber Buffings
* 29 Nov 2008, 12:00 AM Magnums Magog Facility Areial Photos (Magnum Recycling Canada, Inc)
* 21 Nov 2008, 12:00 AM PHOTOS-Magnum Magog Receives Visit from Politician Mario Dumont of Quebec
* 21 Nov 2008, 12:00 AM NEWSPAPER-Magnum Magog Receives Visit from Politician Mario Dumont of Quebec
* 21 Nov 2008, 12:00 AM VIDEO-Magnum Magog Plant Receives Visit from Politician Mario Dumont of Quebec
* 20 Nov 2008, 12:00 AM Successful Test Trial for Crumb and Powders (Minus 20 and 10 to 20 Mesh)
* 20 Nov 2008, 12:00 AM Magog Buffing Machines and Production Area
* 15 Nov 2008, 01:00 AM Magnum Magog Plant Producing Rubber Buffings (Buffing Solid Fork Lift Tire)
* 13 Nov 2008, 12:00 AM Magog Plant First Buffed Tire and Rubber (Mulch) Buffings
* 13 Nov 2008, 12:00 AM VIDEO-Magog Plant Starts Production of Rubber Buffings (Landscaping Mulch)
* 11 Nov 2008, 12:00 AM Signage and photo's of Magnum/SRI Malaysia Office
* 07 Nov 2008, 12:00 AM Magog Plant Buffing Machines, Classifiers, Cyclones, Dust Collectors, Conveyors
* 23 Oct 2008, 12:00 AM Magnum Magog Facility Photo (New Custom High Tech Buffer Machines)
* 23 Oct 2008, 12:00 AM Magog Plant "Primary Testing Equipment" for Rubber Nuggets/Powder
* 09 Oct 2008, 12:00 AM Magog Plant ( Walk around Platform for Primary Shredder)
* 09 Oct 2008, 12:00 AM MagogPlant (Rear View of Primary Shredder with Control Panel)
* 08 Oct 2008, 12:00 AM Magnum Magog Facility Photo (Primary System Componets)
* 08 Oct 2008, 12:00 AM Magnum Magog Facility Photo (Primary System Componets) pic 2
* 08 Oct 2008, 12:00 AM Magnum Magog Facility Photo (Magnum's New Fork Lift)
* 06 Oct 2008, 12:00 AM Magnum's Magog Facilty Photo (Control Panel for Turnkey High Tech Recycling 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 (upstairs executive office in progress)
* 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 (rear entrance and equipment 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 Plant (Front of Plant with Michel Boux)
* 18 Sep 2008, 11:08 PM "THE PROJECT" Magnum Recycling Canada, Inc
* 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
As we will soon see, this will be accomplished through continued expansion and acquisition as we continue to increase our revenue stream," stated Magnum's President, Joseph Glusic.
"Magnum right now is poised to enter a hyper-growth situation in which our products, combined with added capacity and product innovations, will launch the Company into an entirely new phase of growth and producti
Looks like MM are playing the short....
Dont you understand what dead rubber means? Once you shred the rubber down we can reactivate the rubber into usable rubber again
lol oh man.... LOL ROFLMAO>.. OMG OMG>> LMAO...
WHat a Joke LOL... OHHH man, I cant breath... I am in tears LOL...
? I dont read anything about Tire Buffers in that post? Im serious here man... are you alright? On Meds or something, not a personal attack but you dont make any sense in what you say half the time... Your responses dont follow the posts... U ok man? Just concerned for your well being
good post Lady
Magnum will save us oil by recycling the tires. I never knew it was this much oil though.
Holy smokes. I never knew this winningstock. Ecore recycles 80 million pounds of tire rubber each year, helping conserve more than one million barrels of oil in the process to convert pliable treads into durable products for the construction, consumer, commercial, industrial, sports, fitness and recreation markets.
You have me thinking after reading this post. NSS contracts are large gbut I will agree that compounds are more expensive and probably much more profitable than buffings. I hope we get an update on the compounding progress. We will be able to judge better maybe.
The potentials is here and Magnum is my largest holding in the bulletin board market. I think this one is a hidden gem.
Buying more mdore today. This is positive news and good to see new guys knocking at the door. I expect to see a lot more. Plenty of room for growth and higher price per share as mdore is very cheap.
Magnum Bids ARE STRONG...
Even with a little selling pressure the bid came back strong @ $0.45 .... LONGS LETS HOLD THROUGH THIS ROUGH PATCH>>> Lets not forget that if this funding is announced after the Financial Statement is submitted that we will be shareholders in one of the largest NON EQUITY funding to ever grace a BB company
GLTU 2 Cant wait they can initiate this expansion plan.
And sorry.. I don't like guessing games.
U were saying that back @ $0.30 now were @0.50.... If people were listening to you in regards to your MAGUNUM wisdom they would be losing money. That is a FACT of this MDOR Message Board.
Whoa... you are a wild cat Magnum Shareholder... You need to post up a pic of our lady mascot!
I still cant believe the size of these tires.