News Feed Item
Sharon Harkavy, Chief Executive Editor of Hotshot Stocks Corp., Initiates Coverage on MDOR.OB with a $2.51 Price Evaluation
|By PR Newswire
|December 13, 2008 02:00 PM EST
CHICAGO, Dec. 13 /PRNewswire/ -- Sharon Harkavy, Chief Executive Editor
and President of Hotshot Stocks Corp. initiates coverage on Magnum D'Or
Resources, Inc. (Nasdaq Bulletin Board: MDOR - News) with a price evaluation
of $2.51 per share. Coverage is available at
President Sharon Harkavy stated, "With significant upside potential, this
evaluation was based on an analysis of Magnum's fulfillment of current open
contracts totaling $131,000,000 over the next 5 years. The company initiated
production in November and will continue to increase production on an ongoing
basis. In the current market climate, I feel as though the rubber reclamation
industry is recession proof. 'Green' is in and will be for the foreseeable
In our report we have not factored in the analysis of any additional
contracts, increase or extensions to current contracts, or the potential value
of their partnership with Sekhar Research Innovations Sdn Bhd, or any of their
patents, know-how, trade secrets, and proprietary technology. In addition, we
have not taken into account Magnum's other joint ventures or any other
potential business opportunities currently in negotiation. In this report we
performed extensive research, prepared data, calculated financial figures and
used a net of 29% on their calculated annualized revenues ($7,598,000),
multiplied by a conservative price to earnings ratio (PE) of 15 which
translate to a current price valuation of $2.51 per share for MDOR. We
anticipate the Company will produce 25%-35% quarter-over-quarter sales growth
and triple-digit year-over-year growth for at least the next several years.
Magnum is currently in a prime position to be the first public company to
operate and produce turnkey rubber recycling solutions, and looks to be the
pioneers to actually revolutionizing the way rubber is recycled and processed
Hotshot Stocks Corporation feels that Magnum is significantly undervalued
at current price levels and will be a serious player in the rubber reclamation
and recycling industry worldwide.
Magnum's 98,000+ sq ft mixed use building on approximately 10 acres of
land is located at 2035 Rene-Patenaude Magog (Quebec), J1X 7J2 within the
Technology Center of Magog. Magnum currently holds open contracts with NSS,
LLC equating to over $130 Million USD over the next five years for the
production of both rubber nuggets and rubber buffings.
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://srielastomers.com/ that will allow for rubber to be reconstituted and
specially blended into EPDM powders, and EPDM compounds. Magnum/SRI have and
are developing new high tech custom compounds, processing aids, recycling
solutions, and advanced state of the art equipment.
Upcoming Magnum "21st Century Business Solutions Series":
Upcoming "Our Planet and Magnum's Television Series":
Hotshotstocks publishes profiles on up and coming publicly traded
companies. With over 30 years in Advertising, specifically, Direct Mail, and
eight Industry awards our clients have included John Deere, The Beef industry
Council, Kinko's, AMA, and Ulta to name a few.
Safe Harbor Statement under the Private Securities Litigation Reform Act
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 company is not required to update its forward-looking
Sharon Harkavy, 847.971.0545
SOURCE Hotshot Stocks Corp.
Aspose.Total for .NET is the most complete package of all file format APIs for .NET as offered by Aspose. It empowers developers to create, edit, render, print and convert between a wide range of popular document formats within any .NET, C#, ASP.NET and VB.NET applications.
Aspose compiles all .NET APIs on a daily basis to ensure that it contains the most up to date versions of each of Aspose .NET APIs. If a new .NET API or a new version of existing APIs is released during the subscription peri...
Jul. 27, 2016 11:15 AM EDT Reads: 881
Enterprise networks are complex. Moreover, they were designed and deployed to meet a specific set of business requirements at a specific point in time. But, the adoption of cloud services, new business applications and intensifying security policies, among other factors, require IT organizations to continuously deploy configuration changes. Therefore, enterprises are looking for better ways to automate the management of their networks while still leveraging existing capabilities, optimizing perf...
Jul. 27, 2016 11:00 AM EDT Reads: 1,203
SYS-CON Events announced today that 910Telecom will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Housed in the classic Denver Gas & Electric Building, 910 15th St., 910Telecom is a carrier-neutral telecom hotel located in the heart of Denver. Adjacent to CenturyLink, AT&T, and Denver Main, 910Telecom offers connectivity to all major carriers, Internet service providers, Internet backbones and ...
Jul. 27, 2016 11:00 AM EDT Reads: 668
Ixia (Nasdaq: XXIA) has announced that NoviFlow Inc.has deployed IxNetwork® to validate the company’s designs and accelerate the delivery of its proven, reliable products.
Based in Montréal, NoviFlow Inc. supports network carriers, hyperscale data center operators, and enterprises seeking greater network control and flexibility, network scalability, and the capacity to handle extremely large numbers of flows, while maintaining maximum network performance. To meet these requirements, NoviFlow in...
Jul. 27, 2016 10:45 AM EDT Reads: 594
SYS-CON Events announced today that LeaseWeb USA, a cloud Infrastructure-as-a-Service (IaaS) provider, will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. LeaseWeb is one of the world's largest hosting brands. The company helps customers define, develop and deploy IT infrastructure tailored to their exact business needs, by combining various kinds cloud solutions.
Jul. 27, 2016 10:30 AM EDT Reads: 1,208
Adding public cloud resources to an existing application can be a daunting process. The tools that you currently use to manage the software and hardware outside the cloud aren’t always the best tools to efficiently grow into the cloud. All of the major configuration management tools have cloud orchestration plugins that can be leveraged, but there are also cloud-native tools that can dramatically improve the efficiency of managing your application lifecycle.
In his session at 18th Cloud Expo, ...
Jul. 27, 2016 10:30 AM EDT Reads: 1,046
Hostway Services, Inc. and WSM International have partnered to deliver trouble free migration services for any organization that wishes to bring their IT infrastructure to Hostway's Azure managed cloud services.
WSM is the leader in providing turn-key IT migration services since 2003 and is now the preferred provider to any Hostway customer that is seeking to move its computer infrastructure to the Hostway Azure-based cloud.
Jul. 27, 2016 10:00 AM EDT Reads: 217
Ovum, a leading technology analyst firm, has published an in-depth report, Ovum Decision Matrix: Selecting a DevOps Release Management Solution, 2016–17. The report focuses on the automation aspects of DevOps, Release Management and compares solutions from the leading vendors.
Jul. 27, 2016 10:00 AM EDT Reads: 1,724
Continuous testing helps bridge the gap between developing quickly and maintaining high quality products.
But to implement continuous testing, CTOs must take a strategic approach to building a testing infrastructure and toolset that empowers their team to move fast.
Download our guide to laying the groundwork for a scalable continuous testing strategy.
Jul. 27, 2016 10:00 AM EDT Reads: 1,995
Manufacturers are embracing the Industrial Internet the same way consumers are leveraging Fitbits – to improve overall health and wellness. Both can provide consistent measurement, visibility, and suggest performance improvements customized to help reach goals. Fitbit users can view real-time data and make adjustments to increase their activity.
In his session at @ThingsExpo, Mark Bernardo Professional Services Leader, Americas, at GE Digital, discussed how leveraging the Industrial Internet a...
Jul. 27, 2016 09:45 AM EDT Reads: 433
"We formed Formation several years ago to really address the need for bring complete modernization and software-defined storage to the more classic private cloud marketplace," stated Mark Lewis, Chairman and CEO of Formation Data Systems, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Jul. 27, 2016 09:30 AM EDT Reads: 1,623
The cloud market growth today is largely in public clouds. While there is a lot of spend in IT departments in virtualization, these aren’t yet translating into a true “cloud” experience within the enterprise. What is stopping the growth of the “private cloud” market?
In his general session at 18th Cloud Expo, Nara Rajagopalan, CEO of Accelerite, explored the challenges in deploying, managing, and getting adoption for a private cloud within an enterprise. What are the key differences between wh...
Jul. 27, 2016 09:30 AM EDT Reads: 2,057
Security, data privacy, reliability and regulatory compliance are critical factors when evaluating whether to move business applications from in-house client hosted environments to a cloud platform.
In her session at 18th Cloud Expo, Vandana Viswanathan, Associate Director at Cognizant, In this session, will provide an orientation to the five stages required to implement a cloud hosted solution validation strategy.
Jul. 27, 2016 09:30 AM EDT Reads: 1,017
Deploying applications in hybrid cloud environments is hard work. Your team spends most of the time maintaining your infrastructure, configuring dev/test and production environments, and deploying applications across environments – which can be both time consuming and error prone. But what if you could automate provisioning and deployment to deliver error free environments faster? What could you do with your free time?
Jul. 27, 2016 09:17 AM EDT Reads: 186
SYS-CON Events announced today that Venafi, the Immune System for the Internet™ and the leading provider of Next Generation Trust Protection, will exhibit at @DevOpsSummit at 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Venafi is the Immune System for the Internet™ that protects the foundation of all cybersecurity – cryptographic keys and digital certificates – so they can’t be misused by bad guys in attacks...
Jul. 27, 2016 09:15 AM EDT Reads: 1,352