InvestorsHub Logo
Post# of 4973165
Next 10
Followers 26
Posts 665
Boards Moderated 0
Alias Born 07/06/2007

Re: MOMO post# 1298919

Monday, 08/18/2008 9:28:58 AM

Monday, August 18, 2008 9:28:58 AM

Post# of 4973165
MDOR.OB News Magnum Receives Delivery of 'Clean & Green' Rubber Recycling Equipment to Magog Facility
Monday August 18, 9:23 am ET

MAGOG, Canada, Aug. 18 /PRNewswire-FirstCall/ -- Magnum D'Or Resources, Inc. (OTC Bulletin Board: MDOR - News; Magnum) announces that initial shipments of equipment from its supplier in Germany (Artech Recyclingtechnik) have arrived at the Company's new Recycling Canada facility in Magog, Canada.

Chairman Mr. Glusic stated, "Currently, we have received and accepted the first eleven sea-land containers of equipment at our facility in Magog, Quebec. Other ancillary equipment will continue to arrive over the next few months."

Magnum 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. Furthermore, the company will be able to produce pure crumb rubber, and ultra fine rubber powders from the facility later this year or early next year.

To view recent photos of the equipment and the Magog facility here
http://016aa3c.netsolhost.com//MAGOGMDOR1.jpg ,
http://016aa3c.netsolhost.com//MAGOGMDOR2.jpg ,
http://016aa3c.netsolhost.com//MAGOGMDOR3.jpg ,
http://016aa3c.netsolhost.com//MAGOGMDOR4.jpg ,
http://016aa3c.netsolhost.com//MAGOGMDOR5.jpg ,
http://016aa3c.netsolhost.com//MAGOGMDOR5.jpg


"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," added 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.

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.

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...

Magnum's New Magog Facility:

Magog is well known as a rubber and plastics epicenter 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. Located at 2935 Rene-Patenaude Magog (Quebec), J1X 7J2 is comprised of a 98,000+ sq ft mixed use building located within the Technology Center of Magog, Quebec Canada on approximately 10 acres of land. The facility will accommodate production lines for both nuggets and buffings. Magnum will also produce ultra fine rubber powders, EPDM powders, EPDM compounds, thermoplastics, and thermoplastics elastomers at the plant.

Recent pictures of the Facility here:
http://016aa3c.netsolhost.com/GDX-Pic1.gif ,
http://016aa3c.netsolhost.com/GDX-Pic2.gif ,
http://016aa3c.netsolhost.com/GDX-Pic3.gif ,
http://016aa3c.netsolhost.com/90000.jpg

About Magnum:

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 currently has open contracts with NSS, LLC that equal $131 Million USD over the next Five years for the production of both rubber nuggets and rubber buffing.

Magnum, with its new 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. Thus, MDOR will continue developing new compounds, file new patents, and produce products for the rubber powder it manufactures.

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 Recycling Equipment Supplies for producing high quality raw materials.

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

Contact:
Magnum D'Or Resources, Inc., Fort Lauderdale
Joseph Glusic, CEO, 305-420-6563
mdor@magnumresources.net


Source: Magnum D'Or Resources, Inc.

Join the InvestorsHub Community

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.