Interview with: Joseph J. Glusic, BSME, Chairman and CEO and Chad Curtis, Founder - featuring: their strategy is to establish waste management facilities; design, manufacture, and sell products made with recycled materials; and institute viable solutions to the problem of recycling waste rubber.

Magnum d’Or Resources Inc. (MDOR-OTC: BB)

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Not Just Another Rubber Manufacturer, Magnum d’Or Resources Is Using Their Unique Process For Recycling Scrap Rubber To Produce A Variety Of End Products While Reducing Greenhouse Gases

Basic Materials
Industrial Metals & Minerals

Magnum d’Or Resources Inc.

1326 South East 17th Street, Suite 513
Ft. Lauderdale, FL 33316
Phone: 305-420-6563

Joseph J. Glusic, BSME
Chairman and CEO

Chad Curtis

Interview conducted by:
Lynn Fosse, Senior Editor
Published – February 22, 2008

Joseph J. Glusic has spent the majority of his career involved in activities associated with the production, monitoring, processing and ultimate disposal of hazardous and/or radioactive wastes. He has been an employee of both private and public companies and consulted to a variety of institutions that included public, private and governmental agencies. Clients included nuclear utilities such as Commonwealth Edison Company and Northeast Utilities, as well as, Bechtel Nevada and the Department of Energy (DOE). His responsibilities have included design, operations, management, and principal ownership of companies associated with these types of functions. In addition, Mr. Glusic’s experience has allowed him to evaluate and develop numerous processes and technologies utilized in the handling and processing of various types of waste streams. He has also written and developed technical and regulatory documents supporting testing, operations, and reporting requirements. For the last several years Mr. Glusic has also been involved in the acquisition, financing, marketing, and sale of real estate. He has a degree in Mechanical Engineering from the University of Illinois and has attended various academic and professional educational programs throughout his career to enhance his technical and managerial skills. He has been licensed by several government agencies, as required to perform his primary functions and achieve his goals.

Chad A. Curtis, Chairman of Advisory Board:

Mr. Chad Curtis became the President, CEO, Director and Treasurer of the Company on December 20, 2006. From December 20, 2006 through December 30, 2007 he headed the company and was instrumental in acquiring the licenses and technology the Company possesses today. From January 2000 through April 2001, he was employed by First Union Securities as a Money Manager and Financial Advisor. From April 2001 through December 2004, Mr. Curtis was associated with J.P. Turner & Company in the same capacity.In April 2005, he was retained by Pointe Capital as a Money Manager and remained in that capacity, on a limited basis, through April 2006 when he became associated with Markwood Capital, a division of Acosta Financial Services, where he remained until August 2006. Mr. Curtis will continue as a consultant to the Company for the immediate future.

Company Profile:

MDOR through its leadership, research, and development is actively pursuing its goal of becoming the industry leader in recycling technology, turnkey plant solutions & operations, and global waste management. We believe that by applying our patented processes to a broad range of customers across numerous industries we can provide much needed ecological benefits to most of the world?s industrialized nations.

Business Strategy
MDOR?s business strategy is to establish waste management facilities; 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 freeze scrap tires, remove fibers and metal wire, and produce crumb rubber sorted into different mesh sizes for use in various rubber products. MDOR will also, through its patented processes, produce ultra fine rubber powders for the production of Elastomeric Alloys (EAs). These key alloys are the essential building blocks for final end user products that meet established ?Green? standards.

Corporate Overview
The Company now holds the patented processes in which waste rubber (tires and like materials) is reduced, without excessive costs, to a powdery substance in industrial quantities between 0 and 100 microns. This substance has been proven capable of bonding with thermoplastic materials to produce an elastomer with broad commercial applications. This process not only provides a new and expansive methodology for the recycling of rubber, but allows the further production of TPEs at a discount of up to 40% below present production cost. Leading international manufacturers will provide equipment and machinery for use in the processes at our future plants. The Company will also reserve all rights to purchase rubber powder produced from each plant built. We will continue to develop, modify and redesign recycling equipment in order to best suit the needs of our clients.

Mr. Glusic, you are fairly new as CEO of Magnum, what attracted you to the company?
Mr. Glusic: “I have actually been on the board for over a year, so I am not a newcomer to the company but I am a newcomer to the position. I actually took over as chairman and CEO of the company in January 1st of this year (2008).” 

CEOCFO: What is your vision as the new CEO and how do you get there?
Mr. Glusic: “The last six weeks have been, as you can see from what has happened both with the stock and from some of our announcements, incredible to say the least. We are moving forward very quickly. As a synopsis on the company, we have exclusive rights to certain types of technology that have not been broadly used in this country for the recycling of scrap rubber. The process and potential application is phenomenal. We can use the end-product in a variety of different applications. The future of the company is extremely bright; it is like that 80’s song, ‘the future is so bright you have to wear shades’. On a daily basis, we have enquiries from a number of companies for joint ventures. We are in the process of going through hyper- expansion, and are dealing with financiers on a daily basis. To be honest I don’t know where to begin there has been just so much interest. We are going in a number of directions at the same time. Our goal is to take the company through this growth phase as quickly as we can and get into production, get our products to market so that the consumers can see what we are doing. Right now, there might be some misunderstanding by the market as to what we are doing. They may think that we are the same as some of these foam rubber manufacturers that are on the market, when in fact we are very unique, very high-tech and we are going to be taking the market with a vengeance and by storm.” 

CEOCFO: Please tell us about the basic technology.
Mr. Curtis: “I want to quote something because a lot of people were not aware of what was going on with the company and from the previous Press Release dated February 6th we stated that “We are now accelerating our rapid growth in the green market”, which is one of the hotter markets right now. We have worldwide patented technology and are on a mission to eliminate global pollution generated by used tires, and other scrap rubber constituents in land fills. The thing that I want to emphasize the most is that technology is one of the keys to Magnum’s processes, as well as, the high degree of quality control maintained during the manufacturing cycle. It is one of the most unique and efficient cryogenic processes available today. The process begins with discarded scrap tires which are shredded. The shredded tires and rubber are frozen in control fashion in order to properly separate the rubber, textile and steel. This also allows the grinding of hard rubber into very fine powder. People are starting to realize that we are a bit different because we do not just take these tires, grind them up and then use them for landfills or cement kilns. Our recycling is 100% closed loop and we are actually breaking these tires down to actually use them as another reusable products.”

Mr. Glusic: “The story is a wonderful story. It is almost a closed loop where we take what would normally be scrap product, we recycle it into a very useable product, and that product itself can be recycled again and reused many times. Not to mention the fact that our product is considered a “green” product so we qualify for green initiatives. The other part of it is that since our end products replace scarce natural resources like virgin rubber and virgin plastic for every pound of scrap material that we actually process, we actually produce a pound of new raw material. That new raw material actually replaces virgin rubber, of which there is a shortage of in worldwide, as well as, plastics, which come from oil. Essentially, for every pound of product we produce we save a pound of oil and we do not waste any; we do not put anything back into the ground. We take scrap and turn it into a very useful product. One additional thing that was previously mentioned is that what is really unique about our product is that we take a waste product, like a tire, or we can do it with plastics and other materials typically like a rubber tire, we chop it up and grind it into very fine particles. The process itself is somewhat unique, although there are similar processes out there, but where we are different is that our quality control and the type of end product that we produce is so much more pure and finer than what is currently available. The key to this is the fact that we can grind the end product down to a size that is pretty much unavailable on the market by anyone else today. We can produce super fine powder under 50 microns that can be used to mix with other type of constituents to make a whole range of new types of products.”

Mr. Curtis: “Not only does our process bring it down to such a small particulate size, but the purity level is maintained at a high level, which nobody else is really doing worldwide. The Chinese may come close but we are keeping it ten times more pure. Once you bring it down to a toner powder type level, almost like talcum powder it opens up a whole new range of applications. Right now in the world tires are a major problem. In America alone there are 290 million tires sitting dumped, sitting buried beneath the ground illegally and now with the global warming you cannot dump them anymore.”

CEOCFO: What is the cost factor in your process and how does that fit in?
Mr. Glusic: “Our business model was based on competing in the market at current or less than current prices of the products that we are going to substitute. From the company’s perspective, we are actually sitting in a very wonderful position because we base the model on being able to come in and undercut costs for end product uses, certain types of plastics and certain types of thermoplastic elastomers. With the current market the way it is, and the fact that we are a green company and we treat recycled materials, we think now we may even be able to sell our products at a premium to the market because more and more companies are going for the green approach. They want to make sure that the products they use have a recycled type of component. There may even be some government initiatives that are going to force different companies, like car manufacturers, to actually use more and more recyclables. Therefore, that puts us in a much better position. Not only will we not have to compete with current manufacturers based on price alone, we may actually be in the position where we could sell our products at a premium to the market.”

CEOCFO: Please tell us about the facility you are launching in Canada.
Mr. Glusic: “The facility that we are going to launch in Canada will be the first one for our company in North America and it will be a state-of-the-art cryogenic plant with a TPE addition. What that means is we are gong to take scrap tires from their whole waste product, process it through our main facility, turn it into a rubber powder of some type and use that rubber powder to be mixed in some sort of proprietary formulary into a new substance like a new plastic, and produce an end product with it. With regard to the end product, we haven’t decided what it is going to be up in Canada but it could be anything from bumpers to plastic PVC pipe replacements to, snow mobile tracks. We can actually recycle tires back into a tire, not 100%, but we can use a higher percentage of recycled rubber which is well above and beyond the norm.” 

CEOCFO: Is it just a matter of what there is a market for at any given time, how do you decide what to do with the product?Mr. Curtis: “Not only that but the patented technology that we have is one-of-a-kind worldwide. There are other people that will obviously get into our market and they will figure this out. We figure we are still a few years ahead, but the whole thing is somebody will figure out a way to do this the way that we did. However, we are going be a step above and beyond that. For our shareholders and for the market and to secure some serious growth over the long-term we are starting to patent all of the applications too. I think that is what I want the shareholders to understand, that it is not just a technology issue, because guess what? Somebody will discover how you did it one day. The question is do we take down 70% of the applications worldwide, 30%, once we patent those applications we now control that market? That is when you become a monopoly and that is how companies like Microsoft did well.” 

Mr. Glusic: “In a nutshell, we are ahead of the curve, we are going to gain as much market share as we can but like Chad said; because of our ties to the research of people back in Germany, they are continuously updating the processes, patents, and the know-how. We are constantly refining our process to make better products and find better applications even though today somebody might say oh look at what they are doing we can replicate that maybe a year from now. Well a year from now we are going to be on a whole different plane, a whole new line of products that haven’t even been mentioned yet.”

CEOCFO: You also have other things going on in the company as far as looking at acquisitions or recycling; please tell us about some of the other factors for Magnum?
Mr. Glusic: “I would love to tell you but it wouldn’t be fair to lay out everything we are doing. However, I would say in the next two to six weeks there are going to be several announcements of joint ventures.”

Mr. Curtis:
“There will be joint ventures, partnerships, and really right now there are a lot of people that want to partner up with us. The return on investment or return on equity is very attractive.  

Mr. Glusic: We would have also pursued working with some of the clean-up funds both here in the US, and abroad, but the government is so slow in reacting. We are still pursuing it also so we will probably do some clean-up activity with government entities, but because they are slow in response, we need to move forward in the private sector and get this thing really rolling. We are currently in negotiations for absorbing a facility so we can get our production up as quickly as possible. The Canadian facility is over a $50 million project; it is extensive and complex and it will take probably fourteen to eighteen months for it to be at full production. We have contracts pending now that have to be fulfilled and we are moving forward with some of our partners. We are going to look at acquiring a facility for our own production here in the next two to six weeks.” 

Mr. Curtis: “There are certain places for instance in New York, and another gentleman, a large accredited investor has many acres in Connecticut. Several people have facilities or they are already recycling tires without a hybrid technology as we have, but they want to team up with us. Therefore, they are saying ok here Magnum d’Or, we already have X-amount of acres, we have tires coming here; can we partner up, can we do a joint venture with you? We will put up tires, land, part of the funding; we want to use your technology and do a joint venture.” 

Mr. Glusic: “Another thing worth mentioning, is that one of the things the market misunderstands is that this industry has a bit of a stigma. Everybody thinks that it is a high-volume, low-margin type business. In most cases it is. Many companies will just processes these scrap tires for our government to do these cleanup sites. They make most of their money on the front end; the government will pay them to get rid of the tires. Whatever the end product results in does not matter because they are making most of their profit on the front side of it. Most of the end products that you see used today are somewhat archaic. You will find granules, rubber filings and things you find in playgrounds and in asphalt. Those are good products, but the problem is the yield, because the profit on that is very low and you have to produce huge volume. Our product, because the end product has such a wide variety of uses and because it can be combined with other materials, yields a very significant profit margin. In addition, this is where I think we have a bit of a stigma, until we have a plant up and operating the markets just don’t realize our potential. They think we are going to be just another scrap rubber company, but we are way beyond that.”

CEOCFO: What is it about Magnum d’Or and the management that we know you are grounded and able to deal with all the opportunities?
Mr. Glusic: “If you look just strictly at the people who are involved with the company currently, we have a tremendous amount of experience in this industry and outside this industry. We have deep backgrounds in management experience; our board of directors is very well seasoned and as we expand and bring in revenue, we will bring in some of the most talented people we can find to our company. We will post our business plan on our website; we will put more investor information on our website. Currently the experience we have on staff right now is significant and we will be able to attract quality people as we move forward. This is not a quick profit company, although I think you will see some quick gain in our stock and some profits coming in here in the not too distant future. However, we are in this for the long haul, we will build new products, and we want to be a leader in this full closed circle of taking waste and making quality end use products.” 

Mr. Curtis: “When we make these products, we take the crumb rubber, the patents, and trade secrets and performa seven step process where we line up our machinery, use our technology and produce a product in such a way that it makes us one of a kind. We can also take crumb rubber and the powder rubber and use an additive to make various end products. These end-products are hybrid TPE or thermal plastic elastomeric alloys. Furthermore, we don’t have to use polypropylene because now we are taking it to a rubber TPE. The end product, instead of being a thermal plastic elastomer, which is made out of a lot of oil or polypropylene, is much less expensive.” 

Mr. Glusic: “We call it an alloy so we are actually making a hybrid alloy out of the TPE mixed with our products.”

Mr. Curtis: “Our associates and partners in Germany, Spreelast Ag, have done testing with Mercedes Benz. As just one example, they have taken the engine mounts that Mercedes was making and using in their cars in Germany, and replaced it with an equivalent mount made from a TPE alloy that was developed specifically for that application. Spreelast’s laboratory did all of the testing and was actually capable of taking crumb rubber and putting it through their patented technology and coming out with an end product which was like the original Mercedes engine mount. However, it came out better because it is was a rubber TPE, being more flexible, more durable, and lasts longer, but didn’t require use of polypropylene. It also saved Mercedes roughly around 40%. With refinement, it could save up to 70%.

Mr. Glusic:
“In the market today, we initially wanted to compete on a level or more competitive scale so that we could get our foot in the door of several OEM manufacturers. Because of the current nature of things, it is possible for a company to look at us and say, “hey, you can provide something cheaper and better”, but in reality we may actually be able to charge a premium for our products because of the “Green” factor. Now instead of having to come in and compete at a lesser price, even though we will be profitable at that price, we may be able to charge a premium for our product, which will make our profit margins go through the roof.” 

CEOCFO: In closing, why should potential investors be interested now?
Mr. Curtis: “The best thing in the market is being in the right place at the right time. The way you get there is to find something unique and an opportunity that nobody else has where the demand is high and you jump on it. What I mean by that is we are the only ones that do what we do in the world. We are the Ferrari compared to the Cadillac, so we are high-high end and the demand happens to be 290 million tires sitting around the US where the government will actually help us, grant us, fund us, tip us, to basically take our product that we get for free and make a healthy return on it. In that sense I would think this would be a very explosive company to be in since we are just in our infancy stage.” 

Mr. Glusic: “It is like looking back at the beginning of Microsoft, Google, or Nike. The product may not look like the next best thing since sliced bread, but it certainly has the potential. In addition, we are certainly in the position where we have the same type of potential as companies like that. I don’t want to say we are going to be the next Microsoft, but we are certainly in a position of explosive growth to be like that if somebody recognizes the opportunity that we have right now.”


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“As a synopsis on the company, we have exclusive rights to certain types of technology that have not been broadly used in this country for the recycling of scrap rubber. The process and potential application is phenomenal. We can use the end-product in a variety of different applications. The future of the company is extremely bright; it is like that 80’s song, ‘the future is so bright you have to wear shades’.” - Joseph J. Glusic, BSME

“We have worldwide patented technology and are on a mission to eliminate global pollution generated by used tires, and other scrap rubber constituents in land fills. The thing that I want to emphasize the most is that technology is one of the keys to Magnum’s processes, as well as, the high degree of quality control maintained during the manufacturing cycle. It is one of the most unique and efficient cryogenic processes available today.” - Chad Curtis does not purchase or make
recommendation on stocks based on the interviews published.