Magnum d'Or Resources, Inc. (fka MDOR)

[PaperProphet]

Re:<"So do you think the 130 million in current contracts is bs?">

They filed that three-page contract with the SEC. The link is at http://www.sec.gov/Archives/edgar/data/1099963/000114420408005453/0001144204-08-005453-index.htm and was filed on January 31, 2008.

It's a weak, non-committal contract. Magnum doesn't have to deliver and NSS doesn't have to take it. Either party can also terminate it with 90 days notice. A while ago, someone on this board pointed out that the price specified was only a fraction of market price for tire chips. Someone also posted a link to NSS's revenues and the most NSS ever did was a tiny, tiny fraction of that contract value. That contract was drafted as fodder to put out in press releases and nothing else.

So what happens to a non-committal contract where the terms are well below market? The company drafting that contract doesn't fill those orders but they announce the massive contract in every press release to get unwitting shareholders excited and buying the stock.