Magnum d'Or Resources Inc (fka MDOR)

[Makamai]

The company has been involved in proof of performance tests with its compounds, specifically tire manufacture. Those tests have resulted in better than expected results, however the company hasn't finished installing equipment at their two NA plants to manufacture powders and compounds necessary to provide these products in bulk. My DD indicates that they have contracts pending completion of these efforts based primarily on previous news releases, and will enter this new phase of manufacturing capability in the relative near future. There are always many roadblocks when attempting to build a company, especially when new patented processes are involved, not to mention the hurdles it takes to bring new processes to market in this financially unfriendly environment of today. It is my belief that the company is continuing to move forward, albiet slower than they or the investment community would like, thus the present share price.

Makamai