Thursday, November 06, 2008 9:57:15 PM
Magnum Completes Installation of Buffing Machines and Launches Production
FORT LAUDERDALE, Fla., Nov. 6 /PRNewswire-FirstCall/ -- Magnum D'Or Resources, Inc. (OTC:MDOR) (BULLETIN BOARD: MDOR) is pleased to announce that production activities will commence at its Magog, Canada facility starting next week. V.P. of Canadian Operations, Mike Boux stated, "Beginning the week of November 10th, I will be working hand and hand with Mr. Hunsche the President of the International Buffing Company that designed and constructed these high tech buffing machines. He will help fine tune our operations allowing us to optimize our production output, as well as, fine tuning the equipment and training our staff. The Company expects to receive two additional high performance OTR Buffing machines the week of November 17th, 2008. This will immediately contribute a 300% increase in production.
"This is a very exciting day for Magnum," exclaimed Joseph Glusic, Magnum's CEO. "We have all waited for this moment for a long time and I would like to take this opportunity to thank all those that have supported us during these extraordinarily difficult times. I can assure you that this is just the seed that will eventually grow to be a mighty oak," an elated Glusic stated. "Now the focus will be on maximizing our production and expanding our facility to accommodate our contractual obligations."
Our next phase is to ramp up our nugget production followed by production of granulates and powders. If we stay on schedule we should see these things come to fruition sometime after the first of the year. We are currently anticipating supplying supplemental production through a third party for rubber nuggets in order to immediately fulfill our open contracts to generate revenues as quickly as possible. This is likely to commence concurrently with our buffing production.
Buffing Machines, Classifiers, Cyclones, Dust Collectors, Conveyors, and Bagging:
http://i372.photobucket.com/albums/oo167/magnumrecyclage/HPIM1058.jpg
http://i372.photobucket.com/albums/oo167/magnumrecyclage/HPIM1117.jpg
http://i372.photobucket.com/albums/oo167/magnumrecyclage/HPIM1111.jpg
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. 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 owns the exclusive rights to North America and future Global Rights to an array of next generation of cost saving custom compounds, patents, process technology, and trade secrets of Sekhar Research Innovations that will allow for rubber to be reconstituted, liquefied, specially blended into EPDM powders, and EPDM compounds.
SRI and Magnum are 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. 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.
Primary Component System for Nuggets and Powders: http://i372.photobucket.com/albums/oo167/magnumrecyclage/4-1.jpg
About the upcoming Magnum "21st Century Business Solutions Series": http://tinyurl.com/3tpk5v
About the upcoming "Our Planet and Magnum's Television Series": 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 http://www.magnumresources.net/
DATASOURCE: Magnum D'Or Resources, Inc.
CONTACT: Joseph Glusic, CEO, +1-305-420-6563,
Web site: http://www.magnumresources.net/
FORT LAUDERDALE, Fla., Nov. 6 /PRNewswire-FirstCall/ -- Magnum D'Or Resources, Inc. (OTC:MDOR) (BULLETIN BOARD: MDOR) is pleased to announce that production activities will commence at its Magog, Canada facility starting next week. V.P. of Canadian Operations, Mike Boux stated, "Beginning the week of November 10th, I will be working hand and hand with Mr. Hunsche the President of the International Buffing Company that designed and constructed these high tech buffing machines. He will help fine tune our operations allowing us to optimize our production output, as well as, fine tuning the equipment and training our staff. The Company expects to receive two additional high performance OTR Buffing machines the week of November 17th, 2008. This will immediately contribute a 300% increase in production.
"This is a very exciting day for Magnum," exclaimed Joseph Glusic, Magnum's CEO. "We have all waited for this moment for a long time and I would like to take this opportunity to thank all those that have supported us during these extraordinarily difficult times. I can assure you that this is just the seed that will eventually grow to be a mighty oak," an elated Glusic stated. "Now the focus will be on maximizing our production and expanding our facility to accommodate our contractual obligations."
Our next phase is to ramp up our nugget production followed by production of granulates and powders. If we stay on schedule we should see these things come to fruition sometime after the first of the year. We are currently anticipating supplying supplemental production through a third party for rubber nuggets in order to immediately fulfill our open contracts to generate revenues as quickly as possible. This is likely to commence concurrently with our buffing production.
Buffing Machines, Classifiers, Cyclones, Dust Collectors, Conveyors, and Bagging:
http://i372.photobucket.com/albums/oo167/magnumrecyclage/HPIM1058.jpg
http://i372.photobucket.com/albums/oo167/magnumrecyclage/HPIM1117.jpg
http://i372.photobucket.com/albums/oo167/magnumrecyclage/HPIM1111.jpg
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. 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 owns the exclusive rights to North America and future Global Rights to an array of next generation of cost saving custom compounds, patents, process technology, and trade secrets of Sekhar Research Innovations that will allow for rubber to be reconstituted, liquefied, specially blended into EPDM powders, and EPDM compounds.
SRI and Magnum are 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. 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.
Primary Component System for Nuggets and Powders: http://i372.photobucket.com/albums/oo167/magnumrecyclage/4-1.jpg
About the upcoming Magnum "21st Century Business Solutions Series": http://tinyurl.com/3tpk5v
About the upcoming "Our Planet and Magnum's Television Series": 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 http://www.magnumresources.net/
DATASOURCE: Magnum D'Or Resources, Inc.
CONTACT: Joseph Glusic, CEO, +1-305-420-6563,
Web site: http://www.magnumresources.net/
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