Re:<"No matter how many recycling facilities Magnum is able to establish world wide, they will never be able to meet the demand for their activited powders and compounds. Now they have successfully produced and tested the Revolutionary Magnum SRI Custom Compounds in the World Renowned Malaysian Rubber Board's, Rubber Research Institute facility in Sg. Buloh.">
Right now Magnum's supply of compounds exactly equals the demand at absolutely zero. I suspect they will be "testing" their compounds for quite a while. That makes for good PR fodder. E-mail them for further details and they will throw a tantrum. As I said, I e-mailed them asking for nothing more than the patent number (public info) and whomever answered me acted like a child and refused to give the patent number. An open and honest person wouldn't have had any problem disclosing that.
Investors should think about this--if their compounds really will be their bread and butter then why are they throwing so much of shareholders' money at shredding operations? There is a ready market for shredded tire products and they could buy the source materials from someone else for much cheaper than it would cost them to produce the source materials themselves.
The bottom line is that this is a pump-and-dump swindle. Their business plan doesn't have to make any sense--it only has to be enough to dupe some percentage of investors.
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