CEO Returns from Successful Canadian Visits while making Headlines in Quebec Newspaper

Monitor this Company

MAGOG, Quebec, June 1 /-/ -- Magnum D'Or Resources, Inc. (OTC Bulletin Board: MDOR), a next generation rubber recycling Solutions Company, updates the market while making headlines in "La Tribune" Newspaper. View here:

CEO and President of Magnum, Joseph Glusic, commented, "I wanted to update the market following my recent trip to Quebec, Canada. Magnum's Magog facility is completing its latest installation activities associated with its crumb and fine rubber equipment. Full production activities are expected within weeks followed by the addition of a second shift pending the hiring and training of additional employees. I also met with various equipment manufacturers during my stay to outline our expansion plans and discuss procurement of additional equipment."

Magnum will also extend its current production line to produce the world's first ever Magnum SRI "Reactivated and Recharged" fine rubber powder(s). We expect this will make headline news worldwide. Following the installation and start-up of our "Reactivated and Recharged" powder rubber production line, the company can expect yields in the range of $1,000 to $4,000 per ton of powder produced from an array of new "next generation" rubber powders, retread compounds, and custom material. Current estimates on the production of these materials suggest that manufacturers will save anywhere from 5% to 14% on what is perceived as new and better valued added compounds for their products.

CEO Glusic also stated, "During my recent trip I had the pleasure of meeting with local Magog officials and business development, Journalist 'Jean Francois Gagnon' of the 'La Tribune' in Sherbrooke to discuss current and future plans for our facilities. The local government is very supportive of our continuing growth and is anxious to help in our expansion. In this regard, we have tentatively scheduled a return visit this summer to present our business development plans to the local and provincial agencies that will assist us in our endeavor."

During my visit I observed first hand the significant interest of local and provincial clients wanting to purchase "Nuggets and Buffings" direct from our facility that we are currently producing. It appears the entire region is anxious for us to increase production beyond our contractual levels to supply the local market with these products.

In the coming days and weeks, Magnum will be unveiling some very positive developments with Magnum/SRI of Malaysia that pertain to its recent research and testing. The Company has been developing something that we anticipate will take the "Entire Rubber Market by Surprise". These announcements will include factual disclosure of research data from our current high yield next generation custom compounds.

CEO of Sekhar Research Innovations Sdn Bhd (SRI), Gopi Sekhar, stated, "We at SRI are very happy and excited with the recent developments at the Magnum facility in Magog. We have just received representative crumb output from Magog and having converted the different variants into custom compounds, we have commenced trials in value added applications in automotive components and general molded products. We expect to be in a position to announce very interesting results in due course and are working towards having a full range of custom compounds formulations ready in time for the planned Magnum SRI reactivated compound operations at the Magog facility."

Magnum's 98,000+ sq ft facility is located in Magog (Quebec). Magnum currently holds over $130 Million USD in open contracts for the production of rubber nuggets and rubber buffing.

Magnum/SRI are currently using their advanced technologies to produce next generation rubber recycling solutions for custom compounds, retread compounds, processing aids, advanced state-of-the-art equipment, and reactivated ambient/cryogenic rubber powders for the global market.

SRI visit

View Mangum/SRI Next Generation Custom Compound positive trials:

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.


     Magnum D'Or Resources, Inc.,

     Fort Lauderdale, FL


Monitor this Company :
You will receive an email alert whenever there is a news item concerning this company.
Name Your Company
Email Address Position/Role

2001 - 2016 Lexdon Business Library
About TrustBase
Privacy Policy