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Re: surfguy post# 5172

Friday, 03/20/2009 8:14:39 PM

Friday, March 20, 2009 8:14:39 PM

Post# of 8728
You are absolutely right Surfguy. In this present environment, the loan qualification process that Simco would have put Magnum through would have been 3 times more intensive than in the past. Simco would have performed a very close scrutinization of the Magog facility as well as SRI's processes, as well as management's ability to perform. Knowing that, Magnum's investors have even more assurance that this company is the real deal. I also found the SRI video to be very helpfull in understanding how the process works. Any company that can cut manufacturing costs by substituting from 5% to 30% recycled material without any appreciable loss in properties, will be lining up with purchase orders at Magnum's door. The list of applications is endless.

Makamai

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