Replies to post #2362 on Magnum d''Or Resources, Inc. (fka MDOR)

[PaperProphet]

Certainly best of luck to you with your shares and it's good you're skeptical--that's financially healthy.

Companies should be honest regardless of their situation and MDOR is certainly missing the mark. If you think this is only a temporary lapse in integrity until they get enough funding to move forward, certainly I wish you the best but my experience says that's usually not the case.

Magnum's 'concept' is really low-tech and I haven't seen any advantage mentioned. Shareholders have to assume that recycling tires 'sounds good and profitable' and that nobody thought of doing that before. Again, experience tells me that any low-tech projects worth doing are already being done. If nobody else is doing them then there's a reason beyond just "nobody's thought of it before." Simply having a machine to shred tires doesn't prove it's profitable.

But I acknowledge that profits trump all red flags. I would really recommend that you wait for the first quarter's report to see if any profits (or revenues) show up. Right now the company seems to be strongly suggesting that they're producing profits but that requires "reading between the lines" and hoping they're not embellishing. I guarantee that if they were really pulling in any money, you would hear that from them in plain simple English. There's a reason they're not saying that in plain simple English.