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Re: againstallodds post# 6546

Tuesday, 09/01/2009 2:39:58 PM

Tuesday, September 01, 2009 2:39:58 PM

Post# of 8728
Re:<"MDOR will be sitting on its own supply of rubber and can probably get financing to buy equipment for this site if they have a solid business plan.">

It would be ludicrous to believe that Magnum has a solid business plan. They are saying they are buying off-the-shelf equipment to shred tires. There is a ready market with thin margins for shredded tires. Nobody in that business is making much of any money...and everyone who decided to try to make money by shredding tires almost all bought off-the-shelf equipment. It doesn't take a rocket scientist to come up with a plan to shred tires to sell but if most people knew how little money they would make, they probably wouldn't have gone into that business in the first place.

Magnum has no advantage that they have ever mentioned and their supposed operations in Magog are foundering. They do make money by selling shares to people who don't understand the business and they constantly announce that they are developing some amazing rubber revitalizing technology. I e-mailed them to ask about the public patent numbers for that technology a while back and they threw a temper tantrum at me. Only a swindler trying to hide something would do that. I searched for patents associated with them and there are two, each which is around fifteen years old. If those patents have not been able to produce any value for fifteen years, you can guess that they aren't worth much.


Yes, I understand your penny stock also is the real deal, created with the inventiveness of Edison and destined to be the next Microsoft. Yes, I understand that the delays are also only because your company is making their product even more revolutionary.

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