As Mak said, Magnum has the opportunity to corner the market on end-user rubber products of which retread tires is a major market. Magnum has already indicated that they are working with a Canadian based retread manufacturer. So I am assuming this company sent samples to SRI for Gopi to conduct his testing and reproduce compounds that not only meet the product specifications this company wants but exceeds them in product purity and durability (strength) as Gopi demonstrated in his video. Add to that the fact that SRI/Magnum will be able to provide significant overall cost savings in the manufacturers production costs, I don't see how these companies wouldn't want to contract with Magnum.
Now what just happened this week for Magnum is so important to Magnum's future and shareholders for that matter. Magnum now has sufficient funds and working capital to not only get Magog up to full production capacity, but it now has the means to immediately expand it's operations significantly so it can gear up (i.e. production facilities, equipment and staff) to fulfill contracts for tire retread manufacturers and other major rubber, user end products manufacturers which is huge. So noone should take Magnum's receipt of this $15 mil financing windfall lightly. I believe Magnum will use these funds strategically to expand Magnum's business and exponential revenue growth, IMO.
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