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MDOR - Hey, I just noticed on the MDOR site that the News Releases that had Photo links, now show up as thumbnails you can see right away, and you can click on them for a larger view... NICE VIDEO in the one below here too.. you can see a tire buffer in action.
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No volume on this on. Balance sheet is horrible!! Looks like a pump and dump! BEWARE!
Posts: 1458 | From: Ohio | Registered: Mar 2004
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FORT LAUDERDALE, Fla., Nov. 20 /PRNewswire-FirstCall/ -- Magnum D'Or Resources, Inc. (OTC Bulletin Board: MDOR - News) is pleased to announce that it has completed its first test trial runs to produce crumb rubber and rubber powders at Minus 20 mesh and 10 to 20 mesh. This will allow us to transfer these new products to our partner, Sekhar Research Innovations (SRI), for continued formulation testing of various applications and custom compounding for our preferred clients.
President of SRI, Gopinath Sekhar commented, "This is an exciting time for us at SRI, the strategic partnership we have formed with Magnum has continued to grow stronger and stronger. With the commissioning of their powder production operations commencing in Magog, this starts the next important chapter in our joint activities. We are eagerly awaiting the arrival of various powder samples from Magog to carry out in-depth evaluation. This will allow us to proceed expeditiously towards final custom compound production. The aggressive schedule in getting equipment installed and commissioned at Magnum's Magog facility is truly gratifying and reinforces our belief that we have the right partners who share our work ethic and aspirations for performance."
President of Magnum, Joseph Glusic stated, "I am truly elated at the progress we have made in Magog in such a short time. This is truly a testament to our management and staff, as well as, the support we have had from our consultants and contractors. Everyone is ecstatic to see production commence in Magog, first with Buffings, now soon crumb rubber, and powders. Everything is truly beginning to come together and fall into place in Magog."
Magnum has recently established two new partners for securing additional supplies of tires and larger OTR tires. This is great news for our company since OTR tires have such a high yield of reclaimable solid rubber. Mr. Glusic will be traveling to Magog next week to meet with various, suppliers, vendors and government officials to discuss production schedules and expansion plans.
Magnum's 98,000+ sq ft mixed use building on approximately 10 acres of land is located at 2035 Rene-Patenaude Magog (Quebec), J1X 7J2 within the Technology Center of Magog. Magnum currently holds $131 Million USD in open and unfilled contracts with NSS, LLC over the next five years for the production of both rubber nuggets and rubber buffings.
Magnum owns the exclusive rights to North America and future Global Rights to an array of next generation of cost saving custom compounds, patents, process technology, and trade secrets of Sekhar Research Innovations that will allow for rubber to be reconstituted and specially blended into EPDM powders, and EPDM compounds. Magnum/SRI have and are developing new high tech custom compounds, processing aids, recycling solutions, and advanced state of the art equipment.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995
Statements contained in this document that are not historical fact are forward-looking statements based upon management's current expectations that are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by forward-looking statements. The company is not required to update its forward-looking statements.
Contact: Magnum D'Or Resources, Inc., Fort Lauderdale Joseph Glusic, CEO, 305-420-6563 www.magnumresources.net mdor*magnumresources.net
-------------------------------------------------------------------------------- Source: Magnum D'Or Resources, Inc.
Posts: 22 | Registered: Nov 2008
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MDOR - Magnum Ships First Load to National Sales & Supply; Begins to Fulfill 5 year $40 Million USD Rubber Nugget Contract Monday November 24, 7:00 am ET http://biz.yahoo.com/prnews/081124/clm026.html?.v=101
FORT LAUDERDALE, Fla., Nov. 24 /PRNewswire-FirstCall/ -- Magnum D'Or Resources, Inc. (OTC Bulletin Board: MDOR - News) officially began shipments of rubber landscaping nuggets to NSS, LLC today in order to start fulfilling the company's 5 year, $40 Million USD contract. Mr. Glusic, President of Magnum commented, "We will now start to enjoy 2 separate revenue streams into the company from both the production of our rubber buffings in Magog and by commencing shipment of the rubber nuggets through a joint venture with one of our partners. To mark this major milestone I will be traveling to Magog today to meet with various other suppliers, private institutions, banking institutions, vendors, and government officials to discuss production schedules and expansion plans."
In addition, Magnum has recently secured various other sources of tires, scrap rubber, and large high yield OTR tires. The full raw material requirements for our Magog facility are now satisfied, thus allowing us to fulfill our current and scheduled production activities for the foreseeable future.
The company plans on updating the public with some new and exciting events in the near term.
Magnum's 98,000+ sq ft mixed use building on approximately 10 acres of land is located at 2035 Rene-Patenaude Magog (Quebec), J1X 7J2 within the Technology Center of Magog. Magnum currently holds open and unfilled contracts with NSS, LLC equating to over $130 Million USD over the next five years for the production of both rubber nuggets and rubber buffings.
Magnum has the exclusive rights to North America and future Global Rights to an array of next generation cost saving custom compounds, patents, process technology, and trade secrets of Sekhar Research Innovations http://srielastomers.com/research that will allow for rubber to be reconstituted and specially blended into EPDM powders, and EPDM compounds. Magnum/SRI have and are developing new high tech custom compounds, processing aids, recycling solutions, and advanced state of the art equipment.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995
Statements contained in this document that are not historical fact are forward-looking statements based upon management's current expectations that are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by forward-looking statements. The company is not required to update its forward-looking statements.
Contact: Magnum D'Or Resources, Inc., Fort Lauderdale Joseph Glusic, CEO, 305-420-6563 www.magnumresources.net mdor*magnumresources.net
-------------------------------------------------------------------------------- Source: Magnum D'Or Resources, Inc.
Posts: 22 | Registered: Nov 2008
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MDOR - Magnum Announces 2 New OTR Buffing Machines to Increase Production 300% and Executes 5 years 150,000 Metric Ton Scrap Tire Deal Monday December 8, 7:00 am ET
FORT LAUDERDALE, Fla., Dec 8 /PRNewswire-FirstCall/ -- Magnum D'Or Resources, Inc.'s (OTC Bulletin Board: MDOR - News) announces 5 year, 150,000 (30,000 per yr) Metric Ton Scrap tire deal with a Northern Canadian partner. Magnum also prepares for the shipment of 2 New High Tech Custom OTR Buffing Machines for the Magog Facility. We expect to start these particular scrap tire deliveries by January do to the recent start up of rubber buffing (mulch) production.
Mike Boux, VP of Magnum stated, "We recently received another load of tires and have formed over 5 strategic partnerships for tire supply & stock feed. We have secured a number of solid tire resources in order to plan for our rapid growth and future at Magnum, probably enough to last us 5 years, and at full production. We are currently in negotiations with other clients/partners and will be disclosing more details in the near term. This will add tremendous shareholder value. New opportunities are showing up especially with the fact that Magnum now has revolutionary patents. There are more clients on the way and we expect to shock the market with our rapid growth in the 1st quarter of 2009."
The company plans to ship the New OTR Buffing Machines later this week and start installation by next week. These patented High Tech Machines can buff 10 feet tires in diameter therefore increasing Magnum's versatility and uniqueness in the field.
Magnum's Facility:
Magnum's 98,000+ sq ft mixed use building on approximately 10 acres of land is located at 2035 Rene-Patenaude Magog (Quebec), J1X 7J2 within the Technology Center of Magog. Magnum currently holds open and unfilled contracts with NSS, LLC equating to over $130 Million USD over the next five years for the production of both rubber nuggets and rubber buffings.
Magnum owns the exclusive rights to North America and future Global Rights to an array of next generation of cost saving custom compounds, patents, process technology, and trade secrets of Sekhar Research Innovations http://srielastomers.com/ that will allow for rubber to be reconstituted and specially blended into EPDM powders, and EPDM compounds. Magnum/SRI have and are developing new high tech custom compounds, processing aids, recycling solutions, and advanced state of the art equipment.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995
Statements contained in this document that are not historical fact are forward-looking statements based upon management's current expectations that are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by forward-looking statements. The company is not required to update its forward-looking statements.
Contact: Magnum D'Or Resources, Inc., Fort Lauderdale Joseph Glusic, CEO, 305-420-6563 www.magnumresources.net mdor*magnumresources.net
-------------------------------------------------------------------------------- Source: Magnum D'Or Resources, Inc.
Posts: 22 | Registered: Nov 2008
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