Stock Symbol: MDOR (Rubber Recycling Solutions)
Magnum’s proprietary “Green” technology provides a one of a kind solution to all of the challenges in eliminating Stockpiles of Scrap Tires and Global Waste including: establishing Turnkey Recycling/Waste Management facilities; design, manufacture, and sell products made with recycled materials; and institute viable solutions to the problem of recycling waste rubber. This also includes our one of a kind close loop recycling technology using our proprietary know-how for recycling scrap rubber to produce a variety of end products while reducing greenhouse gases.
Magnum currently has open contracts with NSS, LLC that equal $131 Million USD over the next five years for the production of both rubber nuggets and rubber buffing. The Company has acquired licensing rights to a number of patents that allow rubber to be reconstituted, liquefied, specially blended into EPDM powders, and EPDM compounds. These Agreements provide the Company with an array of technologies that could potentially revolutionize the rubber recycling industry in the U.S., Canada, and China.
Magnum’s Magog, Canada Facility:
Magog is a well known rubber and plastics epicenter that is located in the Estrie region of Quebec and in the MRC Memphremagog. It benefits from an exceptional geographic location since it is situated on the Canadian-American border. Located at 2035 Rene-Patenaude Magog (Quebec), J1X 7J2 is comprised of a 98,000+ sq ft mixed use building located within the Technology Center of Magog, Canada on approximately 10 acres of land. Photos of the Facility:
http://www.magnumresources.net/invest…
The licensed proprietary and patented process that MDOR utilizes produces the finest rubber products available to the market. Furthermore, MDOR’s patented processes will produce profitable products that are ecologically friendly by disintegrating used tires down to their most basic and usable components. This high technology plant will be used to design, manufacture, and sell products made with recycled materials; and institute viable solutions to the problem of recycling waste rubber. MDOR will use its licensed patented processes to recycle scrap tires, remove fibers and metal wire, and produce crumb rubber sorted into different mesh sizes for use in various rubber products.
Thus, MDOR will continue developing new compounds, file new patents, and produce products for the rubber powder it manufactures. At this time applications outnumber the amount of available raw material to produce them, thus creating a considerable supply gap for quality recycled rubber powder.
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