Magnum/SRI CEO’s Update on Revolutionary Recyled Rubber Compounds

August 6, 2009 03:15 AM

Magnum/SRI update from CEO of Magnum D’Or Resources, Joseph glusic and CEO of Sekhar Research Innovations Sdn Bhd (SRI), Gopi Sekhar: Over the course of the last few months we have been working on developing a number of Magnum SRI custom compounds to be used in several challenging and commercially important applications.

Our efforts have been targeted at applications ranging from general molded and extruded rubber goods through to more demanding areas such as premium retread and medium specification automotive components. We have also put a great deal of effort in producing a Magnum SRI custom compound to be used as a substantive component in light truck tire manufacture. We accept that this is obviously an incredible reach, to be able to take crumb produced in Magog, activate and process it into a custom compound which can be used as substantial component in the manufacture of OEM light truck tires without compromise in properties. That it has never been done before and that some of the challenges in achieving it are substantial we believe should not prevent us from having such lofty goals. The test results at each level of our research and development thus far have been promising and it is our belief that no really significant innovation comes out of having reasonable goals and expectations. The work has been and will likely continue to be complex and substantial but every step we take towards reaching the point where a Magnum SRI compound can be used in the production of an OEM light truck tire will bare tangible rewards and put the project on the map technologically and commercially.

This is the type of news we feel will shock the market and really make our shareholders proud to be involved with such a next generation recycling company. This is why we have stated, “The Company has been developing something that we anticipate will take the “Entire Rubber Market by Surprise”.