Published:
Magnum Completes Testing in Magog and Ships Rubber Crumb and Powders to Sekhar Research Innovations
FORT LAUDERDALE, Fla., Nov. 20 /PRNewswire-FirstCall/ -- Magnum D'Or
Resources, Inc. (OTC Bulletin Board: MDOR) 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 inMagog, this starts the next important
chapter in our joint activities. We are eagerly awaiting the arrival of
various powder samples fromMagog 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'sMagog 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 inMagog 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 inMagog, first with Buffings, now soon crumb rubber, and powders.
Everything is truly beginning to come together and fall into place inMagog."
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 toMagog next week to meet with various, suppliers,
vendors and government officials to discuss production schedules and expansion
plans.
View Crumb Rubber and Powders:
http://i372.photobucket.com/albums/oo167/magnumrecyclage/HPIM1159-Copy.jpg
http://i372.photobucket.com/albums/oo167/magnumrecyclage/HPIM1161-1.jpg
http://i372.photobucket.com/albums/oo167/magnumrecyclage/Minus20MeshfromBuffin
gMachineScreen.jpg
View new photos of Optimal Buffing Production:
http://i372.photobucket.com/albums/oo167/magnumrecyclage/Buffing%20Machines/HP
IM1201.jpg
http://i372.photobucket.com/albums/oo167/magnumrecyclage/Buffing%20Machines/HP
IM1206.jpg
http://i372.photobucket.com/albums/oo167/magnumrecyclage/Buffing%20Machines/HP
IM1211.jpg
http://i372.photobucket.com/albums/oo167/magnumrecyclage/Buffing%20Machines/HP
IM1207.jpg
Magnum's Magog 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 ofMagog. 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 toNorth 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.
View updated photos and videos go to:
http://magnumresources.net/investors.php
Upcoming Magnum "21st Century Business Solutions Series"
http://tinyurl.com/3tpk5v
Upcoming "Our Planet and Magnum's Television Series"
http://tinyurl.com/3tzaf6
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.
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