Replies to post #1532 on Magnum d''Or Resources, Inc. (fka MDOR)

[Makamai]

Aloha Homerun.. As I understand it from my research, “SRI was founded by the doyen of modern Rubber Technology, the late Tan Sri Dr. B.C. Sekhar to develop and commercialize proprietary innovations and technologies developed by him. SRI in addition boasts new cutting edge solutions in elastomeric processing technologies and proprietary next generation equipment and processes for the rubber recycling industry developed by his son Gopinath B. Sekhar.” http://srielastomers.com/research. The brains of the father are with his chemist son, Gopi Sekkhar, who had inherited his father's passion in rubber & inherited the R&D Malaysian lab after his death. MDOR has the relationship with Sekhar Research Innovations Sdn Bhd (SRI).

Green Rubber Global is run by Datuk Vinod Sekhar, a second son of Dr.Sekhar,"Mr.Natural Rubber, who passed away about 2 years ago. Datuk is a saleperson and has introduced " Green Rubber Global " He has had major investors/Hollywood types such as Mel Gibson finance it, but has had problems getting things going.

Green Rubber Global announced in December of 07 about creating an IPO. Then in June in an article titled "Green Rubber says mkt conditions needs to improve for IPO", it states: "Green Rubber Global Ltd, a tyre-recycling firm part-owned by Hollywood actor Mel Gibson, said on Thursday it would raise $20-$50 million in pre-IPO funding for a possible listing in Hong Kong or on London's junior Alternative Investment (AIM) market in November. The following website lists stock price which is zero.
http://www.digitallook.com/companyresearch/549916/Green_Rubber_Global/share_prices.html I don't think market conditions have improved much for them yet so I doubt their IPO will happen anytime soon.

They also attempted to obtain property in New Mexico for a plant with the aid of State and Local funding but it was turned down by the governor. "Mayor claims governor axed $2.9 million because of Red Rock State Park." http://www.abqjournal.com/abqnews/content/view/6192/2/

So it looks like Green rubber by now must have a persecution complex - nobody loves them! (lol). MDOR has the patents and the expertise with Gopi and SRI and he is the guy who can implement them. MDOR is public unlike Green Rubber Global. From what I gather, there possibly may be issues between the brothers, otherwise you would think that they would have united into one company?

I am anxiously awaiting the market reaction to this JV this week, and I hope that there is enough positive price movement to force HDSN to cover their short position. We can all be thankfull that we have such agressive management that can put these deals together. The outcome could be beyond our wildest dreams....

Makamai