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Today Magnum will host a "show and tell" at the Hudson facility for state legislators, the media, and invited guests. The purpose is to showcase the improvements made to the site in preparation for beginning operations and present the plans for future equipment installation at the facility.
Magnum will be updating the market this week on the status of its operational permits for the Hudson, Colorado facility. President and CEO of Magnum stated, "We are very near the final phase of receiving all the necessary permits and licenses required to allow us full operational activities. Instead of just getting temporary approval for limited operation and activities at the site, we determined that the best approach would be to pursue the proper permitting and licensing for all activities anticipated for the full capacity of the facility. Although this has taken us more time initially, we believe that it will save considerable time and expenses down the road as we expand the capacity of the plant."
Also, "We are extremely grateful for the support and cooperation from all of the governing authorities involved in our transition. There have been some unanticipated hurdles due to recent changes in Colorado law, as well as, the compliance issues inherited from the acquisition. These things are hopefully now behind us and we can focus on the operational aspects of the project."
On yet another topic, and a substantial item of interest to all our shareholders and investors, Magnum announces that 21st Century Business completed final editing of the long awaited Environmental and Clean Technology television Series with 21st Century Business to be aired on CNBC, Fox, Asia TV, and other Leading Networks. "We are extremely proud of the work that Multi Media has produced for us and look forward to announcing the upcoming airing times, stated Glusic. The wait was worth the outcome, and the delay was primarily attributed to the addition of an extra 12 minutes of footage related to Colorado and Magog. The total segment now totals almost 20 minutes, which equates to an entire 30 minute commercial program."
This series will include the Magnum's Magog Facility and New Magnum Recycling USA Headquarters Facility in Hudson, Colorado. The segment will also include Magnum SRI Next Generation Custom Compounds and exclusive footage of Ex-White House Chairman of climate change, Roger Ballentine with Magnum's CEO, Joseph Glusic.
Circulation will include a combined audience of 114+ million cable households; including 650 Million Viewers on Internet Television. Magnum's segment, estimated to be approximately 20 minutes in duration, will air on CNBC, Fox, twice on Hong Kong's Asia Television and Canada's DirecTV Dish Network, and included in the curriculum of 90+ prestigious educational outlets and universities.
About: 21st Century Business: www.21cbtv.com
About: Roger Ballentine http://www.greenstrategies.com/aboutUs/bioBallentine.html
About MDOR: Magnum's proprietary "Green" technology provides a one-of-a-kind solution to all of the challenges in eliminating stockpiles of scrap tires and rubber scrap. Magnum's positioned itself to become a global leader in rubber and scrap tire recycling and its Next Generation technology could potentially revolutionize the industry Worldwide.
Photo gallery: http://magnumresources.net/gallery/?level=collection&id=1
Magnum Recycling Canada: Magnum's Magog, Quebec facility is 98,000+ sq. ft. Magnum is currently producing rubber buffing, nuggets, and crumb from recycled scrap tires. Company holds over $130 Million USD in open contracts.
Magnum Recycling USA: Magnum's Hudson, Colorado facility consists of 120 acres of high grade commercially zoned land, buildings, equipment, and inventory in excess of 30,000,000+ tires. The facility is one of the largest tire landfills in the world.
Magnum Engineering International (http://magnumei.com/): wholly owned subsidiary of Magnum specializing in developing turnkey recycling plants and complete environmental & economical 'Green' solutions.
Magnum/SRI are currently using their Revolutionary 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. Magnum/SRI premium compounds can be substituted in high specification compound applications without appreciable loss in properties or performance. The reason why our clients (market) will prefer to use Magnum/SRI compounds is because they will be able to enjoy a substantial and meaningful reduction in raw material cost without compromising product performance and quality. To visit SRI: http://www.srielastomers.com
Magnum/SRI Independent Test Results from Rubber Research Institute of Malaysia Mark Historic Event for the Global Rubber Industry: http://magnumresources.net/investors/565, http://magnumresources.net/news/607
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 results anticipated by any or all of these forward-looking statements may not occur. The company is not required to update its forward-looking statements.
Contact:
Magnum D'Or Resources, Inc.,
Fort Lauderdale, FL
1-954-315-3883
www.magnumresources.net
mdor@magnumresources.net
Green Tech International Advisors
Human, Public, Investor Relations
1-561-674-2169
www.greentechinternationaladvisors.com
info@greentechinternationaladvisors.com
SOURCE Magnum D'Or Resources, Inc.
http://www.magnumresources.net
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