Stock Symbol: MDOR (Magnum's Rubber Recycling OTR Buffing Machines)

Magnum completes successful test runs on High Performance OTR buffing machines. Magnum now has all 4 buffing machines in production and plans on ramping up output by triple digits in the next few weeks. Magnum is producing rubber (mulch) buffings in order to fulfill open contracts to Majestic Mulch and their retail consumers such as Wal-Mart, Home Depot, Costco Wholesale, Lowe's Companies, DuPont, and many.

Mike Boux, VP of Magnum, stated, "These 2 new additional High Tech Machines can now buff our larger OTR tires, including mining tires up to 10 feet in diameter, therefore increasing Magnum's versatility and uniqueness in the field. The new high performance machines will immediately increase our production around 300-400%."
View recent installation: http://www.magnumresources.net/view-i...

Magnum owns 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://www.srielastomers.com/ that will allow for rubber to be reconstituted and specially blended into EPDM powders, and EPDM compounds. Magnum/SRI has and will continue to develop new high tech custom compounds, processing aids, recycling solutions, and advanced state-of-the-art equipment.

Magnum's Magog, Canada production facility consists of a 98,000+ sq ft mixed use building setting on approximately 10 acres of land located at 2035 Rene-Patenaude Magog (Quebec), J1X 7J2. Magnum currently holds over $130 Million USD in open contracts for the production of both rubber nuggets and rubber buffings with NSS, LLC over the next five years.

Magnum will also embark on an aggressive marketing program to increase investor awareness. The company will also continue to update the market on a weekly, if not more often basis, with relevant and informative press releases. Magnum/SRI is proceeding with both the "Our Planet" production series http://www.magnumresources.net/view-n... and the "21st Century Business Solutions Series" http://www.magnumresources.net/view-n... in order to promote our cutting edge technology to the worldwide market in the coming months.

Category:

Science & Technology

Tags:

• green company
• green stocks
• green recycling
• rubber recycling
• close loop recycling