Replies to post #4369 on Magnum d''Or Resources, Inc. (fka MDOR)

[LadyTrader77]

Again i have to add.... they should work for free right? Its a public company lol, they issue stock, thats what they do. I am happy we have management that is willing to take stock and keep working while the company is trying to get profitable

[Makamai]

As I said before Richie, those shares are restricted and subject to Rule 144, which means there is a 6 month waiting period, plus limited amount of shares can be sold in any 3 month period, etc., etc. If you think managment is going to sell at these levels, think again. The company knows what a gold mine they've got and are intending to build a company that could become a Fortune 1000 company in a few years, if it isn't bought out first. They've just got production started in a field where the demand far outweighs the supply. Considering the state of the economy, companies are looking to reduce production costs and Magnum has a product line that will do just that. I'm convinced management is in it for the long haul and only time will tell. GLTA

Makamai