News Focus
News Focus
Followers 8
Posts 1242
Boards Moderated 0
Alias Born 12/16/2008

Re: THE GREEN EAGLE post# 3666

Tuesday, 01/27/2009 8:17:12 AM

Tuesday, January 27, 2009 8:17:12 AM

Post# of 8728
*News* Magnum Completes Installation of 2 New OTR Buffing Machines, Ramps Up Production, and Prepares to Make Shipments
Tuesday January 27, 8:07 am ET

FORT LAUDERDALE, Fla., Jan. 27 /PRNewswire-FirstCall/ -- Magnum D'Or Resources, Inc.'s (OTC Bulletin Board: MDORE - News) announces the complete installation of 2 new additional High Tech OTR Buffing Machines and prepares to increase production 300-400% in the next 30 days. Magnum now has 4 Custom High Performance Rubber Buffing machines online producing rubber (mulch) buffing in order to fulfill open contracts to retail consumers such as Wal-Mart, Home Depot, Costco Wholesale, Lowe's Companies, DuPont, and many others worldwide.

Mike Boux, VP of Magnum, stated, "These 2 new additional High Tech Machines can now buff our larger OTR tires, including mining tires up to 10 feet in diameter, therefore increasing Magnum's versatility and uniqueness in the field. The new high performance machines will immediately increase our production around 300-400%."

View recent installation:

http://www.magnumresources.net/view-investors.php?id=160

"We have recently received additional free shipments of tire supply & stock feed. New clients and joint venture opportunities are showing up, especially with the fact that Magnum SRI (http://srielastomers.com/research) has been developing key compounds in our laboratory with our close partner SRI in Malaysia. There are more clients on the way and we expect to really increase our market share in the coming months."

Magnum's 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 (http://srielastomers.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.

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.

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today