InvestorsHub Logo

Makamai

08/05/08 2:04 PM

#892 RE: stocktrader1120 #887

From information I've obtained in the past, the Magog,Quebec site was in the works well over one year ago with Spreelast, but was terminated by the latter most likely because Spreelast wished to focus in Europe.

Lets not forget the importance of Michel Boux, Sr. Director of Operations, who was previously Process engineer and international business development for Sherbrooke Stone & Ceramics, located in (Québec) Canada. http://www.trade-database.com/companies-catalog/Building-Construction/Other/1093/sherbrooke-stone-ceramics/
However the Sherbrooke plant closed, and that was how MDOR was able to get him to come onboard. He sounds like a really sharp guy with lots of knowledge who is responsible for MDOR's ability to getting the plants up and running quickly.

He also is the key to MDOR's ability to launch into the Thermoplastics arena. Prior to shutting down, the Sherbrooke plant was starting to produce "new fine rubber powders from scrap tires and technical rubber". So he will simply help MDOR take off from where his former company was previously headed.

From his Bio, as an Independent Consultant Engineer, he has conducted feasibility studies for new tire recycling plant start-ups and has studied and provided analysis on the tire recycling technology and equipment as it relates to the worldwide markets. He has performed studies on raw material availability and the needed environmental permits involving shreds, tires, and other technical rubber compounds like EPDM. He has experience working with regional government agencies (the Canadian link) and has provided risk analysis and recommendations for other clients. He also has experience in the writing of reports/ratios to obtain all available governmental subsidies and R&D income tax credits.

IMHO, Michel Boux is the mastermind behind making MDOR become a leader in not only tire recycling process, but applications for the products it generates.

Makamai