**United
        States**
 **Securities
        and Exchange Commission**
 Washington,
        DC 20549
  **FORM
        10-KSB/A**
 
 **x** **ANNUAL REPORT UNDER 13 OR 15 (d) OF THE**
 **SECURITIES
        EXCHANGE ACT OF 1934**
 
 For
        the
        year ended September 30, 2006
 
 **o** **TRANSITION REPORT UNDER SECTION 13 OR 15 (d) OF THE
        SECURITIES**
 **EXCHANGE
        ACT OF 1934**
  0-31849
 *Commission
        file Number*
 **Magnum
        d'Or Resources, Inc.**
 Exact
        name of small business issuer as specified in its charter
   Nevada
              
              98
                  - 0215222(State
                  or other jurisdiction of incorporation or organization)
              
              I.R.S.
                  Employer Identification No.
 
 **1108
        W. Valley Blvd, STE 6-399**
 **Alhambra,
        CA 91803 United States**
 (Address
        of principal executive offices)
 
 **1-305-420-6563**
 Issuer's
        telephone number
 
 Securities
        registered under Section 12(b) of the Exchange Act:
 Title
                    of each class
                Title
                    of each exchange on which registeredN/A
                N/A
 
 Securities
        registered under Section 12(g) of the Exchange Act: **Common
        Stock, $.001 par value**
 
 Check
        whether the issuer (1) filed all reports required to be filed by Section
        13 or
        15(d) of the Exchange Act during the past 12 months (or for such shorter
        period
        that the registrant was required to file such reports), and (2) has been
        subject
        to such filing requirements for the past 90 days. Yes x No o
 
 Check
        whether the issuer is not required to file reports pursuant to Section 13
        or
        15(d) of the Exchange Act.
 Yes x No o
  Check
        if
        there is no disclosure of delinquent filers in response to Item 405 of
        Regulation S-B contained in this form, and no disclosure will be contained,
        to
        the best of registrant’s knowledge, in definitive proxy or information
        statements incorporated by reference in Part III of this Form 10-KSB or any
        amendment to this Form 10-KSB. Yes o No x
  
 
 Indicate
        by check mark whether the registrant is a shell company (as defined in Rule
        12b-2 of the Exchange Act). Yes o No x
 
 State
        issuer’s revenues for its most recent fiscal year: $ 0
 
 State
        the
        aggregate market value of the voting and non-voting common equity held by
        non-affiliates computed by reference to the price at which the common equity
        was
        sold, or the average bid and asked price of such common equity, as of a
        specified date within the past 60 days: $1,448,292 as of December 27,
        2006.
 
 **(ISSUERS
        INVOLVED IN BANKRUPTCY PROCEEDINGS DURING THE PAST FIVE
        YEARS)**
 
 Check
        whether the issuer has filed all documents and reports required to be filed
        by
        Section 12, 13 or 15(d) of the Exchange Act after the distribution of securities
        under a plan confirmed by a court. Yes o No o
 
 **(APPLICABLE
        ONLY TO CORPORATE REGISTRANTS)**
 
 State
        the
        number of shares outstanding of each of the issuer’s classes of common equity,
        as of the latest practicable date: 5,785,090 shares of Common Stock as of
        December 27, 2006.
 
 **DOCUMENTS
        INCORPORATED BY REFERENCE**
 
 None
  Transitional
        Small Business Disclosure Format (Check one): Yes o No x
  2
 
 Explanatory
        Note
 
 Magnum
        d’Or Resources, Inc. (the “Company”) has amended its Form 10-KSB annual report
        for its fiscal year ended September 30, 2006, to revise various sections
        thereof
        to reflect changes in response to certain comments made by the U.S. Securities
        and Exchange Commission regarding the recent preliminary Schedule 14C
        Information Statement(s) filed by the Company.
  3
 
 INDEXPage
                  NumberItem
                  Number
              
              CaptionPART
                  IItem
                  1.
              
              Description
                  of Business
              5Item
                  2.
              
              Description
                  of Property
              14Item
                  3.
              
              Legal
                  Proceedings
              15Item
                  4.
              
              Submission
                  of Matters to a Vote of Security Holders
              15PART
                  IIItem
                  5.
              
              Market
                  for Common Equity and Related Stockholder Matters
              15Item
                  6.
              
              Management’s
                  Discussion and Analysis or Plan of Operation
              16Item
                  7.
              
              Financial
                  Statements
              18Item
                  8.
              
              Changes
                  in and Disagreements with Accountants on Accounting and Financial
                  Disclosure
              18Item
                  8A
              
              Controls
                  and Procedures
              18Item
                  8B
              
              Other
                  Information
              18PART
                  IIIItem
                  9
              
              Directors,
                  Executive Officers, Promoters and Control Persons; Compliance with
                  Section
                  16(a) of the Exchange Act
              19Item
                  10
              
              Executive
                  Compensation
              20Item
                  11
              
              Security
                  Ownership of Certain Beneficial Owners and Management and Related
                  Stockholder Matters
              21Item
                  12
              
              Certain
                  Relationships and Related Transactions, and Director
                  Independence
              22Item
                  13
              
              Exhibits
              22Item
                  14
              
              Principal
                  Accountant Fees and Services
              22Signatures
              
              
              36
  4
  **PART
        I**
 
 **ITEM
        1.********DESCRIPTION
        OF BUSINESS**
 
 **General**
 
 Magnum
        D’Or Resources, Inc. (the “Company”) is a junior resource company focused on the
        exploration and advancement of premium base and precious metal assets primarily
        in Mongolia. Sunrise Mining Corporation (“Sunrise”), a wholly owned subsidiary
        of the Company, is engaged in the acquisition and exploration of mineral
        properties with the
        intent of exploiting any mineral deposits discovered. Presently, Sunrise
        owns a 100% interest in licenses issued by the government of Mongolia to
        two
        mineral claims that are located in Mongolia which must be renewed annually.
        There is no assurance that a commercially viable mineral deposit exists on
        these
        properties.
 
 Sunrise
        owns a 100% interest in the Khol Morit porphyry-copper gold property located
        west of Ivanhoe Mine's Turquoise Hill Project in south-central Mongolia
        (exploration license number 6283X). The Khol Morit property hosts a porphyry
        copper system with alteration covering 2 square kilometers (approximately
        494
        hectares). In the drill program conducted in the summer of 2004, nine randomly
        spaced exploration holes were completed, and in hole 4 a new copper discovery
        was made. The hole cut 33 meters (108 feet) grading 1.74% copper. Within
        this
        intersection is 27 meters (88 feet) grading 2.09% copper. The highest core
        sample assay was 6.59% copper. In the report on the property, it was suggested
        that due to the effects of surface oxidation and leaching, copper mineralization
        may be more extensive at depth than at the surface.
 
 Sunrise
        owns a 100% interest in the Shandi gold-copper property (exploration license
        number 10528) located in southeastern Mongolia which consists of approximately
        20,667 hectares. The property shares borders with Ivanhoe Mines and
        International Uranium Corp.
 
 Sunrise
        has held substantially all of the operating assets and liabilities of the
        Company, and has been a wholly owned subsidiary of the Company since its
        incorporation in October 2005. All of the mining leases and rights of the
        Company were assigned to Sunrise on October 25, 2005.
 
 Mineral
        property exploration is typically conducted in phases. Each subsequent phase
        of
        exploration work is recommended by a geologist based on the results from
        the
        most recent phase of exploration. Sunrise has completed the initial phases
        of
        exploration on the properties. Once Sunrise has completed each phase of
        exploration, Sunrise will make a decision as to whether or not to proceed
        with
        each successive phase based upon the analysis of the results of that program.
        Sunrise’s directors will make this decision based upon the recommendations of
        the independent geologist who oversees the program and records the
        results.
 
 Sunrise’s
        plan of operation is to conduct exploration work in order to ascertain whether
        it possesses economic quantities of copper, gold, molybdenum or silver. There
        can be no assurance that an economic mineral deposit exists on the properties
        until appropriate exploration work is completed.
  Even
        if
        Sunrise completes its proposed exploration programs on a property and it
        is
        successful in identifying a mineral deposit, Sunrise will have to spend
        substantial funds on further drilling and engineering studies before it will
        know if there is a commercially viable mineral deposit.
 
 **Mongolia
        Mining Exploration**
 
 Sunrise
        owns a 100% ownership interest in a license issued by the government of Mongolia
        regarding a prospective copper/gold mining property called the Khul Morit
        property (Exploration License No. 6283x) located in south-central Mongolia
        and
        consists of approximately 494 hectares.
 
 The
        Khul
        Morit property was originally acquired by the Company from a Mongolian citizen
        whose name is Khulan Choilon through an option agreement dated December 8,
        2003,
        in exchange for $25,000 cash, 2,000,000 shares of the common stock of the
        Company, and a commitment to expend $100,000 in exploration work. Ms. Choilon
        retained a 1.5% net smelter royalty interest in the production from the
        property. Until the obligations of the Company were fulfilled, the license
        to
        the Khul Morit property was held by Khulan Choilon. The license was transferred
        and renewed in January 2007 and is presently held in the name of Oriental
        Magnum, Inc., a subsidiary of Sunrise.
  5
  The
        Shandi property was originally acquired by the Company from Ton Fei Fred
        Tham
& Associates through an agreement dated November 13, 2002, in consideration
        of $35,000 cash, 200,000 shares of the common stock of the Company, and a
        commitment to expend $20,000 in exploration work. The agreement provided
        that
        the Company had the right to acquire the remaining 40% ownership retained
        by Ton
        Fei Fred Tham & Associates. Ton Fei Fred Tham & Associates retained a 3%
        net smelter royalty interest in the production from the property. The Agreement
        was renewed and revised on July 13, 2003, and provided that the Company would
        pay the renewal fees for the license and to increase its obligations to conduct
        exploratory work by $75,000. In late 2005, Mr. Tham of Ton Fei Fred Tham
&
Associates asked his Mongolia contact "Timursukh Oidov" to renew the Shandi
        License (License No. 4768) for the Company. During this process, the Mineral
        Resource and Petroleum Authority of Mongolia (“MRPAM”) underwent certain policy
        changes, which resulted in the temporary loss of License No. 4768. In order
        to
        avoid losing mining rights on the Shandi property, Timursukh Oidov listed
        his
        name on the property as the owner. Under MRPAM policies, when a new owner
        is the
        license holder of an existing mining property, a new license number must
        be
        issued. As a result, the Shandi property was licensed to Timursukh Oidov
        under
        license no. 10582 (“License No. 10582”). In a letter dated April 12, 2006 sent
        by Mr. Fred Tham, Timursukh Oidov agreed to assign License No. 10582 to Ton
        Fei
        Fred Tham & Associates and further agreed to uphold the terms of the option
        agreement signed between Ton Fei Fred Tham & Associates and the Company as
        if it were entered into between himself and the Company. The Company and
        Sunrise
        completed their obligations under these agreements, and Sunrise acquired
        the 40%
        ownership interest of the Shandi properties from Timursukh Oidov by paying
        him
        $4000 cash. The license was renewed and transferred, and is presently held
        in
        the name of Oriental Magnum, Inc., a subsidiary of Sunrise.
 
 Preliminary
        surface geological exploration work has been conducted on the Shandi property
        by
        Gregory R. Thompson of Rio Minerals Limited, a consulting geologist of Sunrise.
        Although the geology reported by this exploration work was indicative of
        a
        copper zone and other metals in the northeast section of the Shandi property,
        no
        exploratory drill holes have been drilled to evaluate this area of the Shandi
        property.
 
 During
        the year ended September 30, 2006, Sunrise did not commence any drilling
        programs on its two properties. Previously, Sunrise had commenced and completed
        a substantial drilling program on its Khul Morit property. The work was
        conducted by Rio Minerals Limited of Vancouver, British Columbia, a company
        specializing in mineral exploration and development. In March 2006, Sunrise
        received a drill hole summary report of its 2004 exploration program. In
        the
        nine randomly spaced exploration holes that were completed, a new copper
        discovery was made in hole 4. The hole cut 33 meters (108 feet) grading 1.74%
        copper. Within this intersection is 27 meters (88 feet) grading 2.09% copper.
        The highest core sample assay was 6.59% copper. Sunrise intends to proceed
        with
        further exploration on its Khul Morit property.
 
 In
        2006,
        Sunrise hired a law firm in Mongolia to incorporate a local company named
        “Oriental Magnum Inc” in order to change the titles for both Khul Morit license
        and the Shandi license to “Oriental Magnum Inc”. The law firm will act as
        Sunrise’s local contact in Mongolia and may also assist in its future
        exploration program or joint-venture exploration program.
 
 The
        following describes the latest status update regarding the two mineral
        properties of Sunrise:
  ***"Khul
        Morit" property (license number "6283")***
 
 ****** In
        August
        2006, Sunrise successfully renewed the exploration licenses for its Khul
        Morit
        property (license number “6283”)
  In
        October 2006, Sunrise received a geological and geochemical report from Rio
        Minerals Limited.
 
 In
        January 2007, Sunrise negotiated with Ms. Khulan Choilon (the previous Khul
        Morit license holder) and changed the title of the Khul Morit exploration
        license from her name to the name of Oriental Magnum Inc.
 
 ***"Shandi"
        property (original license number "4768", now license number
        "10582")***
 
 In
        September 2006, Sunrise successfully renewed the exploration licenses for
        its
        Shandi property (license number “10528”).
  6
  In
        January 2007, Sunrise negotiated with Mr. Timursukh Oidov (the Shandi license
        holder and representative of Ton Fred Tham & Associates) and changed the
        title of the Shandi license to the name of Oriental Magnum Inc. and
        paid $4,000 to him to acquire the remaining 40% ownership interest
        previously retained by Mr. Oidov in the Shandi property.
 
 **Corporate
        Structure Chart**
 
 The
        following chart illustrates the corporate structure of the Company:
 
 Magnum
                  D’Or ResourcesII
              100%
                  subsidiaryISunrise
                  Mining CorporationII
              100% subsidiaryIOriental
                  Magnum Inc.
  ***Political
        Environment.*** In
        April
        2006, there were some mass protests against the Mongolian government’s granting
        of mineral concessions to North American firms, and the Mongolian government
        has
        amended its mining laws. The political situation in Mongolia had once
        deteriorated to the point that management of Sunrise believed that it would
        be
        better for Sunrise to hold onto our mining investments until the political
        and
        legal situation became clear. The political environment in Mongolia has improved
        in recent months. Management of Sunrise is considering whether or not to
        proceed
        with its exploration program on the Khul Morit property and Shandi
        property.
 
 ***"Windfall
        profits" tax*** .
        Mongolia government, on May 12, 2006, imposed what it is called a "windfall
        profits" tax on mining carried out in that country. The law constitutes a
        68%
        tax on profits from mineral sales when the copper price and gold price are
        above
        US$1.18 per pound and US$500 per ounce, respectively. The new tax has caused
        investor concerns and is inhibiting investment in Mongolia's mining industry.
 
 Given
        the
        recent political and mining law changes in Mongolia, management believes
        it
        would be Sunrise’s best interests to ensure our investment is secure before
        further exploration programs should be carried on.
  Any
        additional evaluation test drilling at the Kohl Morit property or at the
        Shandi
        property will require substantial capital expenditures to determine the scope
        of
        their copper and gold reserves and to evaluate their commercial viability.
        Sunrise does not have the necessary capital to conduct additional test drilling
        to fully evaluate these mining properties at this time.
 
 **Compliance
        with Government Regulation**
 
 The
        Company and its subsidiaries will be required to comply with all regulations,
        rules and directives of governmental authorities and agencies applicable
        to the
        exploration of minerals in Mongolia.
  Sunrise
        will have to sustain the cost of reclamation and environmental mediation
        for all
        exploration and development work undertaken. The amount of these costs is
        not
        known at this time as Sunrise does not know the extent of the exploration
        program that will be undertaken beyond completion of the currently planned
        work
        programs. Because there is presently no information on the size, tenor, or
        quality of any resources or reserves at this time, it is impossible to assess
        the impact of any capital expenditures on earnings or Sunrise’s competitive
        position in the event a potentially economic deposit is discovered.
 
 If
        Sunrise enters into production, the cost of complying with permit and regulatory
        environment laws will be greater than in the exploration phases because the
        impact on the project area is greater. Permits and regulations will control
        all
        aspects of any production program if the project continues to that stage
        because
        of the potential impact on the environment. Examples of regulatory requirements
        include:
  7
  ·
              Water
                  discharge will have to meet water standards;·
              Dust
                  generation will have to be minimal or otherwise
                  re-mediated;·
              Dumping
                  of material on the surface will have to be re-contoured and
                  re-vegetated;·
              An
                  assessment of all material to be left on the surface will need
                  to be
                  environmentally benign;·
              Ground
                  water will have to be monitored for any potential
                  contaminants;·
              T
                  Socio-economic impact of the project will have to be evaluated
                  and if
                  deemed negative, will have to be re-mediated; and·
              There
                  will have to be an impact report of the work on the local fauna
                  and
                  flora.
  **Research
        and Development Expenditures**
 
 The
        Company has incurred some research or development expenditures since our
        incorporation through the end of 2006. Since the close of the fiscal year
        ended
        September 30, 2006, Sunrise retained the services of Gobi Exploration LLC
        for
        the re-logging of all cores and necessary research work in porphyry-copper-gold
        systems with the assistance of additional experienced geologists. Sunrise
        has
        received a comprehensive report on what has been discovered at Khul Morit
        property, what is the possible mineralization model there and the recommendation
        for the next stage of exploration. The cost for this work was
        $5,000.
  **Patents
        and Trademarks**
 
 The
        Company does not own, either legally or beneficially, any patents or
        trademarks.
 
 **Business
        Acquisition Opportunities**
 
 Business
        opportunities have been sought by the Company through its officers and directors
        for a reverse merger with an operating company.
 
 To
        a
        large extent, a decision to participate in a specific business opportunity
        may
        be made upon management's analysis regarding the quality of the other firm's
        management and personnel, the asset base of such firm or enterprise, the
        anticipated acceptability of new products or marketing concepts, the merit
        of
        their business plan, and numerous other factors which are difficult to
        analyze.
 
 The
        Company has had no substantial business operations in several years, except
        limited mining exploration activities, and has been seeking to acquire an
        interest in a business with long-term growth potential. The Company currently
        has no commitment or arrangement to participate in a business and cannot
        now
        predict what type of business it may enter into or acquire. It is emphasized
        that the business objectives discussed herein are extremely general and are
        not
        intended to be restrictive on the discretion of the Company's
        management.
 
 There
        are
        no plans or arrangements proposed or under consideration for the issuance
        or
        sale of additional securities by the Company prior to the identification
        of an
        acquisition candidate. Consequently, management anticipates that it may be
        able
        to participate in only one potential business venture, due primarily to the
        Company's limited capital. This lack of diversification should be considered
        a
        substantial risk, because it will not permit the Company to offset potential
        losses from one venture against gains from another.
  8
  **Selection
        of a Business**
 
 The
        Company anticipates that businesses for possible acquisition will be referred
        by
        various sources, including its officers and directors, professional advisors,
        securities broker-dealers, venture capitalists, members of the financial
        community, and others who may present unsolicited proposals. The Company
        will
        not engage in any general solicitation or advertising for a business
        opportunity, and will rely on personal contacts of its officers and directors
        and their affiliates, as well as indirect associations between them and other
        business and professional people. By relying on "word of mouth," the Company
        may
        be limited in the number of potential acquisitions it can identify. While
        it is
        not presently anticipated that the Company will engage unaffiliated professional
        firms specializing in business acquisitions or reorganizations, such firms
        may
        be retained if management deems it in the best interest of the
        Company.
 
 Compensation
        to a finder or business acquisition firm may take various forms, including
        one-time cash payments, payments involving issuance of securities (including
        those of the Company), or any combination of these or other compensation
        arrangements. Consequently, the Company is currently unable to predict the
        cost
        of utilizing such services.
 
 The
        Company will not restrict its search to any particular business, industry,
        or
        geographical location, and management reserves the right to evaluate and
        enter
        into any type of business in any location. The Company may participate in
        a
        newly organized business venture or a more established company entering a
        new
        phase of growth or in need of additional capital to overcome existing financial
        problems. Participation in a new business venture entails greater risks since
        in
        many instances management of such a venture will not have proved its ability,
        the eventual market of such venture's product or services will likely not
        be
        established, and the profitability of the venture will be unproved and cannot
        be
        predicted accurately. If the Company participates in a more established firm
        with existing financial problems, it may be subjected to risk because the
        financial resources of the Company may not be adequate to eliminate or reverse
        the circumstances leading to such financial problems.
 
 In
        seeking a business venture, the decision of management will not be controlled
        by
        an attempt to take advantage of any anticipated or perceived appeal of a
        specific industry, management group, product, or industry, but will be based
        on
        the business objective of seeking long-term capital appreciation in the real
        value of the Company. The Company may acquire or merge with a business or
        corporation in which the Company's officers, directors, or promoters, or
        their
        affiliates or associates, have any direct or indirect ownership
        interest.
 
 The
        analysis of new businesses will be undertaken by or under the supervision
        of the
        officers and directors. In analyzing prospective businesses, management will
        consider, to the extent applicable, the available technical, financial, and
        managerial resources; working capital and other prospects for the future;
        the
        nature of present and expected competition; the quality and experience of
        management services which may be available and the depth of that management;
        the
        potential for further research, development, or exploration; the potential
        for
        growth and expansion; the potential for profit; the perceived public recognition
        or acceptance of products, services, or trade or service marks; name
        identification; and other relevant factors.
 
 The
        decision to participate in a specific business may be based on management's
        analysis of the quality of the other firm's management and personnel, the
        anticipated acceptability of new products or marketing concepts, the merit
        of
        technological changes, and other factors which are difficult, if not impossible,
        to analyze through any objective criteria. It is anticipated that the results
        of
        operations of a specific firm may not necessarily be indicative of the potential
        for the future because of the requirement to substantially shift marketing
        approaches, expand significantly, change product emphasis, change or
        substantially augment management, and other factors.
 
 The
        Company will analyze all available factors and make a determination based
        on a
        composite of available facts, without reliance on any single factor. The
        period
        within which the Company may participate in a business cannot be predicted
        and
        will depend on circumstances beyond the Company's control, including the
        availability of businesses, the time required for the Company to complete
        its
        investigation and analysis of prospective businesses, the time required to
        prepare appropriate documents and agreements providing for the Company's
        participation, and other circumstances.
 
 **Acquisition
        of a Business**
 
 In
        implementing a structure for a particular business acquisition, the Company
        may
        become a party to a merger, consolidation, or other reorganization with another
        corporation or entity; joint venture; license; purchase and sale of assets;
        or
        purchase and sale of stock, the exact nature of which cannot now be predicted.
        Notwithstanding the above, the Company does not intend to participate in
        a
        business through the purchase of minority stock positions. On the consummation
        of a transaction, the present management and shareholders of the Company
        may not
        be in control of the Company. In addition, a majority or all of the Company's
        directors may, as part of the terms of the acquisition transaction, resign
        and
        be replaced by new directors without a vote of the Company's
        shareholders.
  9
  In
        connection with the Company's acquisition of a business, the present
        shareholders of the Company, including officers and directors, may, as a
        negotiated element of the acquisition, sell a portion or all of the Company's
        Common Stock and/or Preferred Stock held by them at a significant premium
        over
        their original investment in the Company. As a result of such sales, affiliates
        of the entity participating in the business reorganization with the Company
        would acquire a higher percentage of equity ownership in the Company. Management
        does not intend to actively negotiate for or otherwise require the purchase
        of
        all or any portion of its stock as a condition to or in connection with any
        proposed merger or acquisition. Although the Company's present shareholders
        did
        not acquire their shares of Common Stock and/or Preferred Stock with a view
        towards any subsequent sale in connection with a business reorganization,
        it is
        not unusual for affiliates of the entity participating in the reorganization
        to
        negotiate to purchase shares held by the present shareholders in order to
        reduce
        the amount of shares held by persons no longer affiliated with the Company
        and
        thereby reduce the potential adverse impact on the public market in the
        Company's common stock that could result from substantial sales of such shares
        after the business reorganization. Public investors will not receive any
        portion
        of the premium that may be paid in the foregoing circumstances. Furthermore,
        the
        Company's shareholders may not be afforded an opportunity to approve or consent
        to any particular stock buy-out transaction.
 
 In
        the
        event sales of shares by present shareholders of the Company, including officers
        and directors, is a negotiated element of a future acquisition, a conflict
        of
        interest may arise because directors will be negotiating for the acquisition
        on
        behalf of the Company and for sale of their shares for their own respective
        accounts. Where a business opportunity is well suited for acquisition by
        the
        Company, but affiliates of the business opportunity impose a condition that
        management sell their shares at a price which is unacceptable to them,
        management may not sacrifice their financial interest for the Company to
        complete the transaction. Where the business opportunity is not well suited,
        but
        the price offered management for their shares is high, management will be
        tempted to effect the acquisition to realize a substantial gain on their
        shares
        in the Company. Management has not adopted any policy for resolving the
        foregoing potential conflicts, should they arise, and does not intend to
        obtain
        an independent appraisal to determine whether any price that may be offered
        for
        their shares is fair. Stockholders must rely, instead, on the obligation
        of
        management to fulfill its fiduciary duty under state law to act in the best
        interests of the Company and its stockholders.
 
 It
        is
        anticipated that any securities issued in any such reorganization would be
        issued in reliance on exemptions from registration under applicable federal
        and
        state securities laws. In some circumstances, however, as a negotiated element
        of the transaction, the Company may agree to register such securities either
        at
        the time the transaction is consummated, under certain conditions, or at
        specified times thereafter. Although the terms of such registration rights
        and
        the number of securities, if any, which may be registered cannot be predicted,
        it may be expected that registration of securities by the Company in these
        circumstances would entail substantial expense to the Company. The issuance
        of
        substantial additional securities and their potential sale into any trading
        market which may develop in the Company's securities may have a depressive
        effect on such market.
 
 While
        the
        actual terms of a transaction to which the Company may be a party cannot
        be
        predicted, it may be expected that the parties to the business
        transaction will find it desirable to structure the acquisition as a
        so-called "tax-free" event under sections 351 or 368(a) of the Internal Revenue
        Code of 1986, (the "Code"). In order to obtain tax-free treatment under section
        351 of the Code, it would be necessary for the owners of the acquired business
        to own 80% or more of the voting stock of the surviving entity. In such event,
        the shareholders of the Company would retain less than 20% of the issued
        and
        outstanding shares of the surviving entity. Section 368(a)(1) of the Code
        provides for tax-free treatment of certain business reorganizations between
        corporate entities where one corporation is merged with or acquires the
        securities or assets of another corporation. Generally, the Company will
        be the
        acquiring corporation in such a business reorganization, and the tax-free
        status
        of the transaction will not depend on the issuance of any specific amount
        of the
        Company's voting securities. It is not uncommon, however, that as a negotiated
        element of a transaction completed in reliance on section 368, the acquiring
        corporation issue securities in such an amount that the shareholders of the
        acquired corporation will hold 97% or more of the voting stock of the surviving
        entity. Consequently, there is a substantial possibility that the shareholders
        of the Company immediately prior to the transaction would retain less than
        5% of
        the issued and outstanding shares of the surviving entity depending upon
        the net
        worth, history of net income and the financial prospects of the corporation
        to
        be acquired by the Company. Therefore, regardless of the form of the business
        acquisition, it may be anticipated that stockholders immediately prior to
        the
        transaction will experience a significant reduction in their percentage of
        ownership in the Company.
  10
  Notwithstanding
        the fact that the Company is technically the acquiring entity in the foregoing
        circumstances, generally accepted accounting principles will ordinarily require
        that such transaction be accounted for as if the Company had been acquired
        by
        the other entity owning the business and, therefore, will not permit a write-up
        in the carrying value of the assets of the other company.
 
 The
        manner in which the Company participates in a business will depend on the
        nature
        of the business, the respective needs and desires of the Company and other
        parties, the management of the business, and the relative negotiating strength
        of the Company and such other management.
 
 The
        Company will participate in a business only after the negotiation and execution
        of appropriate written agreements. Although the terms of such agreements
        cannot
        be predicted, generally such agreements will require specific representations
        and warranties by all of the parties thereto, will specify certain events
        of
        default, will detail the terms of closing and the conditions which must be
        satisfied by each of the parties prior to such closing, will outline the
        manner
        of bearing costs if the transaction is not closed, will set forth remedies
        on
        default, and will include miscellaneous other terms.
 
 **Operation
        of Business After Acquisition**
 
 The
        Company's operations following its acquisition of a business will be dependent
        on the nature of the business and the interest acquired. The Company is unable
        to predict whether the Company will be in control of the business or whether
        present management will be in control of the Company following the acquisition.
        It may be expected that the business will present various risks, which cannot
        be
        predicted at the present time.
 
 **Governmental
        Regulation**
 
 It
        is
        impossible to predict the government regulation, if any, to which the Company
        may be subject until it has acquired an interest in another business. The
        use of
        assets and/or conduct of businesses that the Company may acquire could subject
        it to environmental, public health and safety, land use, trade, or other
        governmental regulations and state or local taxation. In selecting a business
        in
        which to acquire an interest, management will endeavor to ascertain, to the
        extent of the limited resources of the Company, the effects of such government
        regulation on the prospective business of the Company. In certain circumstances,
        however, such as the acquisition of an interest in a new or start-up business
        activity, it may not be possible to predict with any degree of accuracy the
        impact of government regulation. The inability to ascertain the effect of
        government regulation on a prospective business activity will make the
        acquisition of an interest in such business a higher risk.
 
 **Competition**
 
 The
        Company will be involved in intense competition with other business entities,
        many of which will have a competitive edge over the Company by virtue of
        their
        stronger financial resources and prior experience in business. There is no
        assurance that the Company will be successful in obtaining suitable
        investments.
 
 **Employees**
 
 The
        Company is presently an exploration stage mining company and has two employees.
 
 Officers
        devote only such time to the affairs of the Company as they deem appropriate.
        Management of the Company expects to use consultants, attorneys, and accountants
        as necessary, and does not anticipate a need to engage any full-time employees
        so long as it is seeking and evaluating businesses to acquire. The need for
        employees and their availability will be addressed in connection with a decision
        whether or not to acquire or participate in a specific business
        industry.
  **Change
        of Control**
 
 On
        December 20, 2006, Mr. Chad Curtis acquired 10,000,000 shares of the Company’s
        voting Preferred Stock (the “Shares”) from Sunrise Lighting Holdings. Each Share
        entitles the holder to the equivalent of 20 voting shares of the Company’s
        common stock and, therefore, provides Mr. Curtis voting control of the Company.
        In connection with the consummation of this transaction, Xuguang Sun resigned
        as
        an officer and director of the Company and Chad Curtis was appointed President
        and Chief Executive Officer of the Company and was elected to the Company’s
        board of directors. Mr. Curtis will lead the Company’s efforts to seek out
        potential acquisition candidates and manage the negotiations and acquisitions
        process necessary to complete acquisitions for the Company.
  11
  **Possible
        Acquisition**
 
 The
        Company has entered into a non-binding letter of intent to acquire Terra
        Elastomer Technologies S.L., a company based in Dusseldorf, Germany (“Terra”).
        Terra, through its subsidiaries, is a manufacturer of granulator and
        state-of-the-art shredding equipment for use in the recycling industry and
        also
        designs and builds recycling and electronic scrap plants under commission
        from
        non-affiliated third parties. Inteso, a subsidiary of Terra, reprocesses
        elastomer-based waste and scrap materials which result from the manufacture
        of
        industrial rubber goods and tires. No specific terms or conditions have been
        agreed to. The transaction is subject to the Company’s due diligence and such
        other conditions in a transaction of this nature, and thus no definitive
        agreement has been consummated between the Company and Terra. The letter
        of
        intent does provide, however, that the Company has exclusivity until March
        31,
        2007, thereafter, if no definitive agreement is signed, neither party will
        be
        obligated to complete the transaction.
 
 **RISK
        FACTORS**
 
 **The
        Company has not commenced mining production, thus it has had no revenues
        and
        faces a high degree of risk.**The
        Company does not own any producing properties nor own right to any properties
        that have proven reserves of commercially viable quantities of valuable metals.
        Accordingly, the Company has no revenues and has no way to evaluate the
        likelihood that its business will be successful. The Company has been involved
        primarily in organizational activities, preliminary exploration of the mining
        properties and due diligence on potential acquisitions of producing mineral
        properties in Mongolia. The Company has not earned any revenues since its
        inception. Shareholders should be aware of the difficulties normally encountered
        by new mineral exploration companies and the high rate of failure of such
        enterprises. The likelihood of success must be considered in light of the
        problems, expenses, difficulties, complications and delays encountered in
        connection with the exploration of the mineral properties that the Company
        plans
        to undertake. These potential problems include, but are not limited to,
        unanticipated problems relating to exploration, and additional costs and
        expenses that may exceed current estimates. Prior to completion of its
        exploration stage, the Company anticipates that it will continue to incur
        increased operating expenses without realizing any revenues. The Company
        therefore expects to incur significant losses into the foreseeable future.
        The
        Company recognizes that if it is unable to generate significant revenues
        from
        development of its mining properties and the production of minerals from
        the
        claims, or if the Company is unable to acquire producing properties, it will
        not
        be able to earn profits or continue operations. There is no history upon
        which
        to base any assumption as to the likelihood that the Company will prove
        successful, and the Company can provide shareholders with no assurance that
        it
        will generate any operating revenues or ever achieve profitable operations.
        If
        it is unsuccessful in addressing these risks, business of the Company will
        most
        likely fail.
  **Because
        the speculative nature of exploration of mining properties, it is unlikely
        that
        the Company will discover a mineral deposit on the undeveloped mining
        claims** .
        The
        search for valuable minerals as a business involves substantial risks. It
        has
        not been determined whether the undeveloped mineral claims of the Company
        contain any economic mineralization or reserves of gold or copper or any
        other
        minerals. Problems such as unusual or unexpected formations and other conditions
        are involved in mineral exploration and often result in unsuccessful exploration
        efforts. In such a case, which is likely, the Company will be unable to generate
        any revenues from operations and will be unable to successfully complete
        our
        business plan.
 
 **Because
        of the inherent dangers involved in mineral exploration, there is risk that
        the
        Company may incur liability or damages as it conducts its business.** The
        search for valuable minerals involves numerous hazards. As a result, the
        Company
        may become subject to liability for such hazards, including pollution, cave-ins,
        personal injuries, and other hazards against which the Company cannot insure
        or
        against which the Company may elect not to insure.
 
 **If
        the Company becomes subject to burdensome government regulations or other
        legal
        uncertainties, its cost of conducting exploration could increase substantially.** There
        are
        several governmental regulations that materially restrict mineral property
        exploration and development. Under Mongolia mining law, to engage in certain
        types of exploration will require work permits, the posting of bonds, and
        the
        performance of remediation work for any physical disturbance to the land.
        While
        these current laws do not affect current exploration plans, if the Company
        proceeds to commence additional drilling operations on the undeveloped mining
        claims, it will incur regulatory compliance costs. In addition, the legal
        and
        regulatory environment that pertains to the exploration of mineral properties
        is
        uncertain and may change. Uncertainty and new regulations could increase
        our
        costs of doing business and prevent the Company from exploring for ore deposits.
        The growth of demand for certain minerals may also be significantly slowed.
        This
        could delay growth in potential demand for and limit the Company’s ability to
        generate revenues. In addition to new laws and regulations being adopted,
        existing laws may be applied to mining that have not as yet been applied.
        For
        example, foreign ownership laws that are applicable in certain business sectors
        could be applied to mineral property ownership, or laws relating to national
        parks could be applied to the mining claims in Mongolia if current park
        boundaries are expanded. Current Mongolia foreign ownership laws require
        government approval of any ownership transfers to foreign individuals and
        corporations. If such laws are changed regarding mineral property ownership,
        the
        Company may be prevented from holding title to mineral claims located in
        Mongolia because it is incorporated in the United States. Any new laws may
        increase the cost of doing business with the result that financial condition
        and
        operating results of the Company may be harmed.
  12
  The
        government of Mongolia has recently changed its laws regarding mining
        exploration. These new laws require exploration companies to expend a minimum
        amount of capital on a mining claim in order to obtain a renewal of the
        government license covering such claim. The failure to conduct exploration
        on a
        mining claim will result in the forfeiture of the applicable license due
        to its
        nonrenewability by the government of Mongolia.
  The
        Mongolia government recently enacted a windfall profit tax on operations
        in the
        mining industry. The law provides for a tax equal to 68% of the profits from
        mining sales when copper and gold prices exceed $1.18 (U.S.) per pound for
        copper and $500 per ounce for gold. This windfall profits tax would adversely
        affect and limit the profitability of copper and gold production in the future
        from the Mongolia copper and gold operations of the Company when prices exceed
        such levels.
 
 **Risks
        of Doing Business in Mongolia.** Doing
        business in Mongolia involves various risks including internal and international
        political risks, evolving national economic policies as well as financial
        accounting standards, possible expropriation and the potential for a reversal
        in
        economic conditions. Adverse changes in economic policies of the government
        in
        Mongolia or in its laws and regulations could have a material adverse effect
        on
        the Company’s operations in Mongolia. For example, other countries have
        expropriated and nationalized some of their natural resources. The Company
        is
        not aware of any plan or indication that the government in Mongolia intends
        to
        expropriate and nationalize its natural resources, however, such action would
        adversely affect our business operation or cause a loss of our mining
        properties.
 
 **The
        Company only has mineral rights to the Mongolia mining claims and the landowner
        may be able to prevent us from conducting further exploration on the
        claims.******The
        Company holds the exclusive license and rights to explore its Mongolia
        properties for mineralization and to remove minerals from the properties.
        However, its rights are subject to those held by the fee simple property
        owner,
        the government of Mongolia, to make use of the land. If the government decides
        to develop, sell or make any other use of the land, the Company’s right to
        explore the property could be impacted. As a result, the Company would not
        be
        able to continue exploration on the properties and we would be forced to
        abandon
        these undeveloped mining claims.
 
 **Financial
        position of the Company, working capital deficit; report of independent
        auditors.** The
        success of the Company’s operations is largely dependent upon its ability to
        develop its existing properties and/or acquire producing mining properties
        and
        to improve operating efficiencies, and generate adequate cash-flows from
        operations. The Company’s operations are subject to numerous risks associated
        with the establishment of its business, including lack of adequate financing
        sources. In addition, the Company has in the past and may again in the future
        encounter unanticipated problems, some of which may be beyond the Company’s
        financial and technical abilities to resolve. The failure to adequately address
        such difficulties could have a materially adverse effect on the Company’s
        prospects.
 
 Murrell,
        Hall, McIntosh & Co., PLLP., the independent auditors of the Company, has
        expressed substantial doubt regarding the ability of the
        Company to
        continue as a going concern because of the lack of revenues and the working
        capital deficit of the Company.
 
 **Availability
        and Integration of Future Acquisitions.** The
        Company’s strategy includes pursuing acquisition opportunities that complement
        its business objectives. Potential competitors for acquisition opportunities
        include larger companies with significantly greater financial resources.
        Competition for the acquisition of mining properties and producing mining
        companies may result in acquisitions on terms that prove to be less advantageous
        to the Company than have been attainable in the past or may increase acquisition
        prices to levels beyond the Company’s financial capability. The Company’s
        financial capability to make acquisitions is partially a function of its
        ability
        to access the debt and equity capital markets. In addition, the Company may
        not
        find attractive acquisition candidates in the future or succeed in reducing
        the
        costs and increasing the profitability of any business acquired in the
        future.
  13
  **Potential
        Quarterly Fluctuations** .
        The
        Company may experience variability in its production, net sales and net income
        on a quarterly basis as a result of many factors, including the market value
        for
        copper, gold and other metals and due to weather conditions in
        Mongolia.
 
 **Dependence
        on Senior Management** .
        The
        Company’s future performance will depend to a significant extent upon the
        efforts and abilities of its key management personnel. The Company does not
        have
        any key life insurance policy on its officers. The loss of service of one
        or
        more of the Company’s key management personnel could have an adverse effect on
        the Company’s business. The Company’s success and plans for future growth will
        also depend in part on management’s continuing ability to hire, train and retain
        skilled personnel in all areas of its business.
 
 In
        the
        past, the two directors and officers of the Company have provided their services
        on a part time basis, one of which averages 20 hours per week and the other
        averages five hours of services per week which is expected to continue. The
        level of operations of the Company has not necessitated the full time services
        of its directors and officers. The directors and officers may continue to
        pursue
        other business activities independently of the Company. If the level of business
        activity of the Company increases, the directors and officers of the Company
        intend to devote additional time to the management of the Company and intend
        to
        retain additional management personnel whenever necessary and
        appropriate.
 
 **Management’s
        Lack of Mining Experience and Education** .
        The
        Company’s directors and officers have not had any previous experience in the
        management of a mining company, and are not geologists or mining engineers.
        As a
        result, the Company has retained independent consulting geologists to conduct
        and evaluate its exploration program in Mongolia, and will continue to depend
        upon such consultants until the level of its mining operations justifies
        the
        cost of hiring geologists and/or mining engineers as management or as employees
        of the Company.
 
 **Indemnification.** The
        Company’s Articles of Incorporation limit the liability of its directors and
        officers of the Company to the fullest extent permitted by Nevada law, and
        provide for indemnification of the directors and officers to such extent.
        The
        Company may obtain director-officer liability insurance. These measures will
        provide additional protection to the directors and officers of the Company
        against liability in connection with certain actions and omissions.
 
 **Conflicts
        of Interest** .
        There
        are anticipated conflicts of interest between the Company and its stockholders,
        and there may be potential conflicts of interest involving the Company and
        its
        stockholders, some of which may affect the planned business activities of
        the
        Company. The Board of Directors of the Company will attempt to resolve any
        conflict of interest situation which may arise and which is brought to the
        attention of the Board of Directors on a case-by-case basis.
 
 **Shares
        Eligible for Future Sale.** A
        substantial number of outstanding shares of the Company ‘s Common Stock are
        "restricted securities". However, under certain circumstances such shares
        may in
        the future be sold in compliance with Rule 144 adopted under the Securities
        Act
        of 1933, as amended, or some other exemption from registration under the
        Securities Act of 1933. Future sales of those shares under Rule 144 or other
        exemption could depress the market price of its Common Stock in the
        future.
 
 **Applicability
        of**  **A**  **Penny
        Stock Rules.** Federal
        regulations under the Securities Exchange Act of 1934, as amended (the “Exchange
        Act”), regulate the trading of so-called penny stocks (the “Penny Stock Rules”),
        which are generally defined as any security priced at less than $5.00 per
        share
        and offered by an issuer with limited net tangible assets and revenues. In
        addition, equity securities which are priced at less than $5.00 per share
        are
        deemed penny stocks for the limited purpose of Section 15(b)(6) of the Exchange
        Act which makes it unlawful for any broker-dealer to participate in a
        distribution of any penny stock without the consent of the Securities and
        Exchange Commission if, in the exercise of reasonable care, the broker-dealer
        is
        aware of or should have been aware of the participation of previously sanctioned
        persons. Because the Company’s Common Stock is traded in the over-the-counter
        market for less than $5.00 per share, the Common Stock of the Company is
        considered a penny stock, and trading in its Common Stock is subject to the
        full
        range of Penny Stock Rules. Accordingly, the application of the comprehensive
        Penny Stock Rules may make it more difficult for broker-dealers to sell the
        Company’s Common Stock and stockholders of the Company may have difficulty in
        selling their shares in the future in the secondary trading market.
  **ITEM
        2.** **** **DESCRIPTION
        OF PROPERTY**
 
 The
        principal executive offices of the Company are located at 1108 W. Valley
        Blvd.,
        Suite 6-399, Alhambra, CA 91803, provided by an officer and director of the
        Company at no cost to the Company.
  14
  **ITEM
        3.********LEGAL
        PROCEEDINGS**
  The
        Company is not a party to any material pending legal proceedings, and to
        the
        best of its knowledge, no such proceedings by or against the Company have
        been
        threatened.
 
 **ITEM
        4.********SUBMISSION
        OF MATTERS TO A VOTE OF SECURITY HOLDERS**
 
 On
        March
        13, 2006, the stockholders of the Company approved a 1-for-40 reverse stock
        split of the outstanding common stock of the Company by a written consent,
        and
        an Information Statement was sent to the stockholders of the Company. The
        reverse stock split became effective on April 24, 2006.
  As
        a
        result of the reverse stock split, the Company was assigned a new trading
        symbol
        of MDOR for its Common Stock on the NASD Electronic Bulletin Board
        over-the-counter market (OTC-BB).
  **PART
        II**
 
 **ITEM
        5.**  **MARKET
        FOR COMMON EQUITY AND RELATED STOCKHOLDER**
 **MATTERS.**
 
 Although
        quotations for the Company's Common Stock appear on the NASD over-the-counter
        Electronic Bulletin Board, there is no established trading market for the
        Common
        Stock. For the past two calendar years to the present, transactions in the
        Common Stock can only be described as sporadic. Consequently, the Company
        is of
        the opinion that any published prices cannot be attributed to a liquid and
        active trading market and, therefore, are not indicative of any meaningful
        market value.
 
 The
        following table sets forth for the respective periods indicated the prices
        of
        the Company's Common Stock on the NASD over-the-counter Electronic Bulletin
        Board. Such prices are based on inter-dealer bid and asked prices, without
        markup, markdown, commissions, or adjustments and may not represent actual
        transactions.
  Calendar
                  Quarter Ended
              
              High
                  Bid
              
              Low
                  BidMarch
                  31, 2004
              
              $
              0.173
              
              $
              0.09June
                  30, 2004
              
              $
              0.219
              
              $
              0.08September
                  30, 2004
              
              $
              0.092
              
              $
              0.039December
                  31, 2004
              
              $
              0.68
              
              $
              0.035March
                  31, 2005
              
              $
              0.063
              
              $
              0.0192June
                  30, 2005
              
              $
              0.065
              
              $
              0.022September
                  30, 2005
              
              $
              0.053
              
              $
              0.0305December
                  23, 2005
              
              $
              0.036
              
              $
              0.021March
                  31, 2006
              
              $
              0.02
              
              $
              0.02June
                  30, 2006
              
              $
              0.30
              
              $
              0.25September
                  30, 2006
              
              $
              0.11
              
              $
              0.11December
                  19, 2006
              
              $
              0.14
              
              $
              0.11
  As
        of
        December 27, 2006, the closing price for the Company's Common Stock was $.28
        per
        share. There are no outstanding options or warrants to purchase shares of
        Common
        Stock of the Company
  15
  Since
        its
        inception, no dividends have been paid on the Company's Common Stock. The
        Company intends to retain any earnings for use in its business activities,
        so it
        is not expected that any dividends on the Common Stock will be declared and
        paid
        in the foreseeable future.
 
 At
        September 30, 2006, there were approximately 106 holders of record of the
        Company's Common Stock.
 
 **ITEM
        6.** **** **MANAGEMENT’S
        DISCUSSION AND ANALYSIS OR PLAN OF OPERATION**
 
 **FORWARD-LOOKING
        INFORMATION AND CAUTIONARY STATEMENTS**
 
 When
        used
        in this report on Form 10-KSB, the words "may," "will," "expect," "anticipate,"
        "continue," "estimate," "project," "intend," and similar expressions are
        intended to identify forward-looking statements regarding events, conditions,
        and financial trends that may affect the Company's future plans of operations,
        business strategy, operating results, and financial position. Persons reviewing
        this report are cautioned that any forward-looking statements are not guarantees
        of future performance and are subject to risks and uncertainties and that
        actual
        results may differ materially from those included within the forward-looking
        statements as a result of various factors. Such factors are discussed under
        the
        headings "Item 1. Description of Business," and "Item 6. Management's Discussion
        and Analysis of Financial Condition and Results of Operations," and also
        include
        general economic factors and conditions that may directly or indirectly impact
        the Company's financial condition or results of operations.
 
 Although
        we believe that the expectations reflected in the forward-looking statements
        are
        reasonable, we cannot guarantee future results, levels of activity, performance,
        or achievements. Moreover, we do not assume responsibility for the accuracy
        and
        completeness of such forward-looking statements. We are under no duty to
        update
        any of the forward-looking statements after the date of this report to conform
        such statements to actual results.
 
 **General**
 
 The
        following discussion and analysis summarizes the results of operations of
        Magnum
        d'Or Resources, Inc. (the "Company" or "we") for the fiscal year ended September
        30, 2006.
 
 Magnum
        is
        a mining exploration company that currently holds two properties in Mongolia.
        The Company previously held four properties in Mongolia, two properties were
        allowed to expire after work was done but the results did not justify any
        more
        financial expenditure. We currently focus our resources primarily on the
        development and financing of our two Mongolian properties. At present, none
        of
        our properties are in production and, consequently, we have no current operating
        income.
 
 **Overview**
 
 During
        the year ended September 30, 2006, the Company didn’t commence any drilling
        program on its two properties. Previously, the Company had commenced and
        completed a substantial drilling program on its Khul Morit copper/gold property
        in Mongolia. The work was conducted by Rio Minerals Limited. of Vancouver,
        British Columbia, a company specializing in mineral exploration and development.
        The results of the work led to a joint venture agreement with Placer Dome
        International Limited in July 2005. This joint venture agreement specifies
        a 2
        1/2 year period during which Placer Dome will have the option to earn a 60%
        interest in the Khol Morit property by expending $1,000,000. However, Placer
        Dome International terminated this joint venture in November 2005 because
        of the
        lack of assay data and the lack of sufficient geological data regarding this
        property. In March 2006, the Company received the 2004 drill hole summary.
        In
        the nine randomly spaced exploration holes that were completed, a new copper
        discovery was made in hole 4. The hole cut 33 meters (108 feet) grading 1.74%
        copper. Within this intersection is 27 meters (88 feet) grading 2.09% copper.
        The highest core sample assay was 6.59% copper. The Company wishes to proceed
        with further exploration on
        the
        Khul Morit property.
 
 The
        Company has successfully renewed the exploration licenses for its Khul Morit
        property (license number “6283”) and Shandi property (license number “10582”) in
        Mongolia. The
        Company has also hired a law firm in Mongolia to successfully incorporate
        a
        subsidiary named “Oriental Magnum Inc” for Sunrise Mining Corporation, a
        subsidiary of the Company. Now that the subsidiary in Mongolia is incorporated,
        the Company changed the titles of the Khul Morit exploration license and
        Shandi
        exploration license from the name of its current license holders to the name
        of
        the subsidiary in Mongolia. The law firm will also act as the Company’s local
        contact in Mongolia and may also assist the Company’s future exploration program
        or joint-venture exploration program.
  16
  The
        Company has recently received the full geological
        and geochemical report from Rio Mineral Limited.
 
 **Political
        Environment**
 
 In
        April
        2006, there were some mass protests against the Mongolian government’s granting
        of mineral concessions to North American firms, and the Mongolian government
        amended the mining laws that are not welcomed by investors as more regulations,
        higher license fees and tax rate are applied. The political situation in
        Mongolia has deteriorated to the point that management of our Company believes
        that it may be better for us to hold onto our mining investments until
        everything is clear.
  **"Windfall
        profits" tax**
 
 The
        Mongolian state on May 12, 2006, imposed what it is called a "windfall profits"
        tax on mining carried out in that country. The law constitutes a 68% tax
        on
        profits from mineral sales when the copper and gold price are above US$1.18
        per
        pound and US$500 per ounce respectively. The new tax has caused a lot of
        investor concerns and is destroying investment in Mongolia's mining industry.
 
 Given
        the
        political and mining law changes in Mongolia, management of the Company believes
        it would be in the Company's best interests to wait until the political clouds
        in Mongolia are clear as well as the license title is changed to the name
        of the
        Company before a further exploration program can be carried on.
 
 Any
        additional evaluation test drilling at the Kohl Morit property or at the
        Shandi
        property will require substantial capital expenditures to determine the scope
        of
        their copper and gold reserves and to evaluate their commercial viability.
        The
        Company does not have the necessary capital to conduct additional test drilling
        to fully evaluate these mining properties at this time.
 
 **Results
        of Operations**
 
 Comparison
        of the Years Ended September 30, 2006 and 2005
 
 The
        Company anticipates incurring a loss as a result of exploration and development
        expenses, and expenses associated with the operations of the Company. The
        Company does not anticipate any revenue in the near future until its mineral
        interests have reached the point of economic viability. Additional expenditures
        are necessary to determine if any future revenues will be generated from
        these
        properties.
 
 For
        the
        year ended September 30, 2006 compared to the year ended September 30, 2005,
        Magnum had a net loss of $118,375 to $2,074,237, respectively, a 94.2% decrease
        in net loss.
 
 Mining
        exploration costs decreased 98.7% to $18,019 during the year ended September
        30,
        2006 as compared to $1,429,458 for the comparable period in 2005 mainly due
        to
        the fact that no exploration program was completed in 2006.
 
 General
        and administrative expenses decreased 84.4% to $100,328 during the year ended
        September 30, 2006 as compared to $644,719 for the comparable period in
        2005.
 
 **Liquidity
        and Capital Resources**
 
 At
        September 30, 2006, the Company had current assets of $7,145, working capital
        of
        $3,759, and had $125,314 of net cash used by operations during the year ended
        September 30, 2006.
 
 The
        Company's working capital was $3,759  at
        September 30, 2006, compared to a working capital deficit of $38,970 at
        September 30, 2005. The change in the working capital deficit is due to the
        repayment of debts by issuing restricted common stock.
  17
  The
        Company must rely on corporate officers, directors and outside investors
        in
        order to meet its budget for further exploration. If the Company is unable
        to
        obtain financing from any of one of these aforementioned sources, the Company
        would not be able to complete its financial obligations regarding the
        exploration and development of its Mongolian properties or to continue as
        a
        going concern.
 
 Management
        is currently looking for the capital to complete our corporate objectives.
        The
        Company expects to carry out its plan of business. In addition, we may engage
        in
        joint mining activities with other companies. The Company cannot predict
        the
        extent to which its liquidity and capital resources will be diminished prior
        to
        the consummation of a business combination or whether its capital will be
        further depleted by its operating losses. The Company has not engaged in
        discussions concerning potential business combinations.
  Limited
        commitments to provide additional funds have been made by management and
        other
        shareholders. We cannot provide any assurance that any additional funds will
        be
        made available on acceptable terms or at all.
 
 **ITEM
        7.** **** **FINANCIAL
        STATEMENTS**
 
 The
        financial statements required by this Item 7 begin with the Index to the
        Financial Statements which is located prior to the signature page.
 
 **ITEM
        8.** **** **CHANGES
        IN AND DISAGREEMENTS WITH ACCOUNTANTS ON**
 **ACCOUNTING
        AND FINANCIAL DISCLOSURE**
  None
  **ITEM
        8A.** **** **CONTROLS
        AND PROCEDURES**
 
 The
        Company’s Chief Executive Officer/President and its chief financial
        officer/principal accounting officer (collectively, the “Certifying Officer”) is
        responsible for establishing and maintaining disclosure controls and procedures
        for the Company. Such officer has concluded (based upon his evaluation of
        these
        controls and procedures as of September 30, 2006) that the Company’s disclosure
        controls and procedures are effective to ensure that information required
        to be
        disclosed by the Company in this report is accumulated and communicated to
        the
        Company’s management, including its principal executive officers as appropriate,
        to allow timely decisions regarding required disclosure. The Certifying Officer
        also has indicated that there were no changes in the Company’s internal controls
        or other factors that could significantly affect such controls subsequent
        to the
        date of their evaluation, and that there were no corrective actions necessary
        with regard to any significant deficiencies and material
        weaknesses.
 
 **ITEM
        8B.** **** **OTHER
        INFORMATION**
 
 Effective
        May 12, 2006, Mr. Reno J. Calabrigo resigned as director of Magnum for personal
        reasons, and not because of any disagreement with the Company concerning
        its
        operations, policies or procedures. Because Mr. Reno J. Calabrigo resigned
        as
        director of the Company, the remaining directors appointed Mr. Ka Suen Chau
        to
        become a member of the Board of Directors of Magnum to fill the vacancy on
        the
        Board of Directors.
 
 Effective
        December 20, 2006, Mr. Xuguang Sun resigned as an officer and director of
        Magnum
        after Mr. Chad Curtis acquired 10,000,000 shares of voting Preferred Stock
        (the
        "Shares") of Magnum from Sunrise Lighting Holdings Limited. Mr. Xuguang Sun
        doesn’t have any disagreement with Magnum concerning its operations, policies or
        procedures. Because Mr. Xuguang Sun resigned as an officer and director of
        Magnum, the remaining directors appointed Mr. Chad Curtis to become the
        President, Chief Executive Officer, Treasurer, and a director of the Company.
 
 Mr.
        Chad
        Curtis, age 30, was, from January 2000 through April 2001 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 has, for the last
        several years, also been engaged in the acquisition and sale of pre-construction
        and post-construction residential real estate. Mr. Curtis will continue,
        at
        least for the immediate future, in such business endeavors.
  18
 
 **PART
        III**
 
 **ITEM
        9.** **** **DIRECTORS,
        EXECUTIVE OFFICERS, PROMOTERS AND CONTROL**
 **PERSONS;
        COMPLIANCE WITH SECTION 16(a) OF THE EXCHANGE ACT**
 
 **Current
        Management of the Company**
 
 The
        following table sets forth the names, ages, and positions with the Company
        for
        each of the directors and officers of the Company.
  Name
              
              Age
              
              PositionsChad
                  Curtis
              
              30
              
              Chief
                  Executive Officer, President
                Treasurer
                  and DirectorShaojun
                  Sun
              
              33
              
              Secretary,
                  Chief Financial Officer, Vice President and
                DirectorJohn
                  K. Yee
              
              61
              
              DirectorKa
                  Suen Chau
              
              58
              
              Director
  All
        executive officers are elected by the Board of Directors and hold office
        until
        the next annual meeting of stockholders or until their successors are duly
        elected and qualified.
 
 The
        following is information on the business experience of each director and
        officer.
 
 Mr.
        Chad
        Curtis became a director and the Chief Executive Officer, President and
        Treasurer of the Company on December 20, 2006. 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 has, for the last several years, also been engaged in the acquisition
        and
        sale of pre-construction and post-construction residential real estate. Mr.
        Curtis will continue, at least for the immediate future, in such business
        endeavors.
 
 Mr.
        Shaojun Sun became a director and the Vice President, Chief Financial Officer
        and Secretary of the Company on October 18, 2005. He has been the Vice
        President, Chief Financial Officer and Secretary of Sunrise since 1997,
        including responsibility for the North American Market of Sunrise. He received
        a
        B.S. degree in computer science from Zhongshan University and holds two degrees
        of Master of Business Administration in international business from the
        University of South Carolina and from Vienna University of Economics and
        Business Administration.
 
 Mr.
        Yee
        has been retired for more than five years, and operates as a consultant and
        an
        investor in various industries.
 
 Mr.
        Ka
        Suen Chau has been a director and manager of Hong Kong Up-World Industrial
        Limited since 1996. From 1994 to 1996, he was manager of the Trading &
Investment China Division of Hong Kong Shun Cheong Group (Holdings) Co.,
        Ltd.
        From 1991 to 1994, he was the manager of Shenzhen Shenhua Industry & Trade
        Group. From 1983 to 1990, he was the manager of Shenzhen Import & Export
        Trading Group. He graduated from Guangdong Shangye School with a degree in 
hardware & electrical appliance in 1968; from 1980 to 1981, he studied
        mathematics in Guangzhou Yeyu University.
  19
  Xuguang
        Sun and Shaojun Sun, the two officers of the Company, have provided their
        services on a part-time basis, one of which averages 20 hours per week and
        the
        other averages five hours of services per week. The level of operations of
        the
        Company has not necessitated the full-time services of its directors and
        officers. The directors and officers may continue to pursue other business
        activities independently of the Company. If the level of business activity
        of
        the Company increases, the directors and officers of the Company intend to
        devote additional time to the management of the Company and intend to retain
        additional management personnel whenever necessary and appropriate.
 
 **No
        Audit Committee or Financial Expert**
 
 The
        Company does not have an audit committee or a financial expert serving on
        the
        Board of Directors.
  Section
        16(a) Beneficial Ownership Reporting Compliance
 
 Section
        16(a) of the Securities Exchange Act of 1934 requires our directors, executive
        officers and persons who own more than ten percent of a registered class
        of our
        equity securities, to file with the Securities and Exchange Commission initial
        reports of ownership and reports of changes in ownership of our common stock.
        The Company believes all forms required to be filed under Section 16 of the
        Exchange Act have been filed timely.
 
 **Code
        of Ethics**
 
 The
        Company does not have a code of ethics for our principal executive and financial
        officers. The Company’s management intends to promote honest and ethical
        conduct, full and fair disclosure in our reports to the SEC, and compliance
        with
        applicable governmental laws and regulations.
 
 **ITEM
        10.** **** **EXECUTIVE
        COMPENSATION**
 
 **Summary
        of Cash and Certain Other Compensation**
 
 The
        following sets forth the compensation of the Company’s executive officers for
        the two fiscal years ended September 30, 2006.
  (a)
                Name
                  and Principal Position
              
              (b)
                Year
              
              (c)
                Salary
              
              (d)
                Bonus
              
              (e)
                Stock
                Awards
              
              (f)
                Option
                Awards
              
              (g)
                Non-Equity
                Incentive
                Plan
                Compensation
              
              Change
                  in
                Pension
                  Value
                and
                  Nonquali-
                fied
                  Deferred
                Compensation
                Earnings
              
              (i)
                All
                  Other
                Compensation
              
              (j)
                Total**Xuguang
                  Sun (1)**
                President
                  & Chief
                Executive
                  Officer
              
              
              2006
              
              $
              0
              
              $
              0
              
              $
              0
              
              $
              0
              
              $
              0
              
              $
              0
              
              $
              0
              
              $
              02005
              
              $
              0
              
              $
              0
              
              $
              0
              
              $
              0
              
              $
              0
              
              $
              0
              
              $
              0
              
              $
              0**Shaojun
                  Sun (1) (2)**
                Vice
                  President, Chief
                Financial
                  Officer,
                Treasurer
                  and Secretary
              
              
              2006
              
              $
              0
              
              $
              0
              
              $
              30,000
              
              $
              0
              
              $
              0
              
              $
              0
              
              $
              0
              
              $
              30,0002005
              
              $
              0
              
              $
              0
              
              $
              0
              
              $
              0
              
              $
              0
              
              $
              0
              
              $
              0
              
              $
              0
  (1)
        Mr.
        Xuguang Sun and Mr. Shaojun Sun became the Executive Officers of the Company
        in
        October 2005.
 (2)
        Mr.
        Shaojun Sun received 200,000 common shares to pay for his compensation total
        $30,000 for the year ended September 30, 2006.
 
 The
        Company has no agreement or understanding, express or implied, with any officer,
        director, or principal stockholder, or their affiliates or associates, regarding
        employment with the Company or compensation for services. The Company has
        no
        plan, agreement, or understanding, express or implied, with any officer,
        director, or principal stockholder, or their affiliates or associates, regarding
        the issuance to such persons of any shares of the Company's authorized and
        unissued common stock. There is no understanding between the Company and
        any of
        its present stockholders regarding the sale of a portion or all of the Common
        Stock currently held by them in connection with any future participation
        by the
        Company in a business.
  20
  There
        are
        no other plans, understandings, or arrangements whereby any of the Company's
        officers, directors, or principal stockholders, or any of their affiliates
        or
        associates, would receive funds, stock, or other assets in connection with
        the
        Company's participation in a business. No advances have been made or
        contemplated by the Company to any of its officers, directors, or principal
        stockholders, or any of their affiliates or associates.
 
 There
        is
        no policy that prevents management from adopting a plan or agreement in the
        future that would provide for cash or stock based compensation for services
        rendered to the Company.
 
 On
        acquisition of a business, it is possible that current management will resign
        and be replaced by persons associated with the business acquired, particularly
        if the Company participates in a business by effecting a stock exchange,
        merger,
        or consolidation. In the event that any member of current management remains
        after effecting a business acquisition, that member's time commitment and
        compensation will likely be adjusted based on the nature and location of
        such
        business and the services required, which cannot now be foreseen.
  
 **ITEM
        11.** **** **SECURITY
        OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND**
 **MANAGEMENT
        AND RELATED STOCKHOLDER MATTERS**
 
 The
        following table sets forth as of December 28, 2006, the number and percentage
        of
        the 5,785,090 outstanding shares of Common Stock which, according to the
        information supplied to the Company, were beneficially owned by (i) each
        person
        who is currently a director of the Company, (ii) each executive officer,
        (iii)
        all current directors and executive officers of the Company as a group and
        (iv)
        each person who, to the knowledge of the Company, is the beneficial owner
        of
        more than 5% of the outstanding common stock. Except as otherwise indicated,
        the
        persons named in the table have sole voting and dispositive power with respect
        to all shares beneficially owned, subject to community property laws where
        applicable.
 
 Name
                  and Address
              
              Common
                  Stock
              
              Percent
                  of Class
              
              Preferred
                  Stock
              
              Percent
                  of ClassChad
                  Curtis (1)
              
              
              0
              
              
              0
              %
              
              10,000,000
                  (1
              )
              
              100%
                  (1
              )1326
                  SE 17thStreet,
                  #513Ft.
                  Lauderdale, FL 33316Sunrise
                  Lighting Holdings Limited
              
              
              277,799
              
              
              4.8
              %
              
              0
              
              
              0
              %1719
                  International Trade Centre11-19
                  Sha Tsui Road, Tsuen WanHong
                  KongThe
                  People's Republic of ChinaShaojun
                  Sun (2)
              
              
              612,619(2
              )
              
              10.6
              %
              
              0
              
              
              0
              %1108
                  W. Valley BoulevardAlhambra,
                  CA 91803All
                  executive officers and
              
              
              612,619
              
              
              10.6
              %
              
              10,000,000
              
              
              100
              %directors
                  as a group (2 persons)
 
 (1)
              Represents
                  the voting beneficial ownership of 200,000,000 shares of Common
                  Stock of
                  the Company created by the voting power of the 10,000,000 shares
                  of
                  Preferred Stock of the Company owned by Chad Curtis.
  21
  (2)
              Includes
                  277,799 shares of Common Stock owned by Sunrise Lighting Holdings
                  Limited,
                  of which Shaojun Sun is an officer and an owner, and 334,820 shares
                  of
                  Common Stock to be held directly by Mr. Shaojun Sun.
 
 The
        stock
        transfer agent of the Company is Holladay Stock Transfer, Inc., 2939 N.
        67 th Place,
        Scottsdale, AZ 85251; telephone number (480) 481-3940.
 
 **ITEM
        12.** **** **CERTAIN
        RELATIONSHIPS AND RELATED TRANSACTIONS**
 
 During
        the fiscal year ended September 30, 2006, the Company issued 277,799 shares
        of
        its restricted Common Stock to Sunrise Lighting Limited, to pay for the note
        payable and interest totaling $41,669.95.
 
 During
        the fiscal year ended September 30, 2006, the Company issued 334,820 shares
        of
        its restricted Common Stock to Shaojun Sun, a director and the Chief Financial
        Officer of the Company, as reimbursement for his expenses incurred on behalf
        of
        the Company of $20,223.
 
 During
        the year ended September 30, 2006, the Board of Directors awarded 200,000
        Common
        Stock to Shaojun Sun for his administrative and secretary services to the
        Company. No other directors and officers were awarded compensation of Common
        Stock of the Company.
 
 **ITEM
        13.** **** **EXHIBITS**
  Copies
        of
        the following documents are included as exhibits to this report pursuant
        to Item
        601 of Regulation S-B.
 
 (3)(i)
              Articles
                  of Incorporation of the Company are incorporated herein by reference
                  to
                  the Form S-1 registration statement of the Company filed on December
                  31,
                  1999 by its predecessor,
                  Progolftournaments.com
 
 (3)(ii)
              Certificate
                  of Amendment to Articles of Incorporation of the Company is incorporated
                  herein by reference to the Form 8-K current report of the Company
                  filed
                  April 6, 2001, by its predecessor,
                  Progolftournaments.com
 
 (3)(iii)
              Certificate
                  of Amendment to Articles of Incorporation of the Company filed
                  October 14,
                  2002 is incorporated herein by reference to Exhibit 3(iii) to report
                  of
                  the Company for its fiscal year ended September 30,
                  2006
 
 (3)(iv)
              Certificate
                  of Amendment to Articles of Incorporation of the Company filed
                  on October
                  21, 2003 is hereby incorporated by reference to Exhibit 3(iv) to
                  the Form
                  10-KSB annual report of the Company for its fiscal year ended September
                  30, 2006
 
 (3)(v)
              ByLaws
                  of the Company are incorporated herein by reference to the second
                  exhibit
                  to the Form S-1 registration statement by its predecessor,
                  Progolftournaments.com on December 31, 1999
 
 10.1
              Assignment
                  and bill of sale
 
 21
              List
                  of Subsidiaries
 
 31
              Certification
                  of Chief Executive Officer and Principal Financial
                  Officer
 
 32
              Certification
                  pursuant to 18 U.S.C. Section 1350
 
 **ITEM
        14.** **** **PRINCIPAL
        ACCOUNTANT FEES AND SERVICES**
 
 The
        aggregate fees billed by our principal accounting firm, for fees billed for
        fiscal years ended September 30, 2006, and 2005 are as follows:
  22
  Name
              
              Audit
                  Fees(1)
              
              Audit
                  Related Fees
              
              Tax
                  Fees (2)
              
              All
                  Other FeesMurrell,
                  Hall, McIntosh & Co., PLLPfor
                  fiscal year ended:September
                  30, 2006
              
              $
              20,000
              
              $
              0
              
              $
              0
              
              $
              0September
                  30, 2005
              
              $
              3,500
              
              $
              0
              
              $
              0
              
              $
              0
 _______________________
 
 (1)
              Includes
                  audit fees for the annual financial statements of the Company,
                  and review
                  of financial statements included in the Company’s Form 10-QSB quarterly
                  reports, and fees normally provided in connection with statutory
                  and
                  regulatory filings for those fiscal years
 
 The
        Company does not currently have an audit committee. As a result, our board
        of
        directors performs the duties and functions of an audit committee. The Company's
        Board of Directors will evaluate and approve in advance, the scope and cost
        of
        the engagement of an auditor before the auditor renders audit and non-audit
        services. We do not rely on pre-approval policies and
        procedures.
  23
  **REPORT
        OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM**
 
 **To
        the Board of Directors**
 
 **Magnum
        d'Or Resources, Inc.**
 
 We
        have
        audited the accompanying consolidated balance sheet of Magnum d'Or Resources,
        Inc. (a mining exploration company) as of September 30, 2006, and the related
        statements of operations, changes in stockholders' equity, and cash flows
        for
        the two years then ended. These financial statements are the responsibility
        of
        the Company's management. Our responsibility is to express an opinion on
        these
        financial statements based on our audits.
 
 We
        conducted our audits in accordance with the standards of the Public Company
        Accounting Oversight Board (United States). Those standards require that
        we plan
        and perform the audit to obtain reasonable assurance about whether the financial
        statements are free of material misstatement. The Company is not required
        to
        have, nor were we engaged to perform, an audit of its internal control over
        financial reporting. Our audit included consideration of internal control
        over
        financial reporting as a basis for designing audit procedures that are
        appropriate in the circumstances, but not for the purpose of expressing an
        opinion on the effectiveness of the Company's internal control over financial
        reporting. Accordingly, we express no such opinion. An audit also includes
        examining, on a test basis, evidence supporting the amounts and disclosures
        in
        the financial statements, assessing the accounting principles used and
        significant estimates made by management, as well as evaluating the overall
        financial statement presentation. We believe that our audit provides a
        reasonable basis for our opinion.
 
 In
        our
        opinion, the financial statements referred to above present fairly, in all
        material respects, the financial position of Magnum d'Or Resources, Inc.
        and as
        of September 30, 2006, and the results of its operations, changes in
        stockholders' equity and cash flows for the two years then ended in conformity
        with accounting principles generally accepted in the United States of America.
 
 The
        accompanying consolidated financial statements have been prepared assuming
        that
        the Company will continue as a going concern. As discussed in Note 2 to the
        financial statements, the Company has suffered recurring losses from operations
        and has a net capital deficiency, which raises substantial doubt about its
        ability to continue as a going concern. Management's plans regarding those
        matters also are described in Note 2. The financial statements do not include
        any adjustments that might result from the outcome of this uncertainty.
 
 /s/Murrell,
        Hall, McIntosh & Co., PLLP
 
 December
        28, 2006
 Oklahoma
        City, Oklahoma
  24
  **MAGNUM
        D'OR RESOURCES INC.**
 (An
        Exploration Stage Company)
  **Consolidated
        Balance Sheet**
  September
        30, 2006
  September
                  30,2006**ASSETS:****Current
                  assets:**Prepaid Expenses
              
              $
              7,145Total current assets
              
              
              7,145**TOTAL
                  ASSETS**
              
              $
              7,145**LIABILITIES
                  AND STOCKHOLDERS' DEFICIT:****Current
                  liabilities:**Advance from company officer
              
              $
              3,386Total Current Liabilities
              
              
              3,386**TOTAL
                  LIABILITIES**
              
              
              3,386**Stockholders'
                  Deficit:**Preferred
                  Stock, $.001 par value; 10,000,000 shares authorized;10,000,000 issued and outstanding at September 30, 2006
              
              
              10,000Common
                  Stock, $.001 par value; 200,000,000 shares authorized,5,785,090 issued and outstanding at September 30, 2006
              
              
              5,785Additional
                  paid-in capital
              
              
              5,142,949Accumulated
                  deficit
              
              
              (5,154,975
              )Total
                  Stockholders' Deficit
              
              
              3,759**TOTAL
                  LIABILITIES AND STOCKHOLDERS' DEFICIT**
              
              $
              7,145
  See
        the
        accompanying summary of accounting policies and notes to the financial
        statements.
  25
  **MAGNUM
        D'OR RESOURCES INC.**
 (An
        Exploration Stage Company)
  **Consolidated
        Statements of Operations**
  September
                  3,
                1999(Inception)
                  toFor
                  the year ended
              
              September
                  30,September
                  30,
              
              20062006
              
              2005
              
              (Unaudited)**Revenue:****Total Revenue**
              
              $
              -
              
              $
              -
              
              $
              6,153**Expenses:**Exploration costs
              
              
              18,019
              
              
              1,429,458
              
              
              2,186,815Website development costs
              
              
              -
              
              
              -
              
              
              887,110General and administrative expenses
              
              
              100,328
              
              
              644,719
              
              
              2,803,836Depreciation
              
              
              28
              
              
              60
              
              
              31,508**Total
                  Operating Expenses**
              
              
              118,375
              
              
              2,074,237
              
              
              5,909,269**Loss
                  from Operations before unusual items**
              
              
              (118,375
              )
              
              (2,074,237
              )
              
              (5,903,116
              )**Other
                  Income (Expense)**Gain from spin off of subsidiary
              
              
              -
              
              
              -
              
              
              615,840Gain (loss) on settlement of debt
              
              
              -
              
              
              -
              
              
              132,301**Net
                  Loss**
              
              $
              (118,375
              )
              $
              (2,074,237
              )
              $
              (5,154,975
              )**Net
                  Income(Loss) per Common Share - Basic and Diluted**
              
              $
              (0.023
              )
              $
              (0.466
              )**Per
                  Share Information:**Weighted Average Number of Common StockShares Outstanding - Basic and Diluted
              
              
              5,116,708
              
              
              4,448,325
  See
        the
        accompanying summary of accounting policies and notes to the financial
        statements.
  26
  **MAGNUM
        D'OR RESOURCES INC.**
 (An
        Exploration Stage Company)
  **Consolidated
        Statement of Cash Flows**
 
 September
                  3,
                1999(Inception)
                  toFor
                  the year ended
              
              September
                  30,September
                  30,
              
              20062006
              
              2005
              
              (Unaudited)**Cash
                  Flows from Operating Activities:**Net
                  Loss
              
              $
              (118,375
              )
              $
              (2,074,237
              )
              $
              (5,154,975
              )Adjustments
                  to reconcile net loss to net cash used in operating
                  activities:Stocks issued for compensation
              
              
              39,429
              
              
              1,521,024
              
              
              3,565,990Depreciation
              
              
              28
              
              
              60
              
              
              31,334Loss on sale of software license
              
              
              -
              
              
              -
              
              
              54,200Gain
                  on settlement of debt - noncash portion
              
              
              -
              
              
              -
              
              
              119,590Foreign
                  exchange adjustment
              
              
              -
              
              
              -
              
              
              28Adjustments to reconcile net loss to cash used inoperating activities:(Increase)
                  Decrease in prepaid expenses
              
              
              (7,145
              )
              
              1,036
              
              
              (8,460
              )Increase
                  (decrease) in accounts payable
              
              
              (39,251
              )
              
              (30,887
              )
              
              -Net
                  Cash Flows Used by Operations
              
              
              (125,314
              )
              
              (583,004
              )
              
              (1,392,293
              )**Cash
                  Flows from Investing Activities:**Disposal of fixed assets
              
              
              **-**
              
              
              -
              
              
              17,561Purchase of Assets
              
              
              -
              
              
              -
              
              
              (18,142
              )Net
                  Cash Flows Used for Investing Activities
              
              
              -
              
              
              -
              
              
              (581
              )**Cash
                  Flows from Financing Activities:**Issuance of stock for cash
              
              
              -
              
              
              -
              
              
              262,441Advance from company officer
              
              
              125,033
              
              
              -
              
              
              125,033Proceeds paid to notes payable
              
              
              -
              
              
              591,626
              
              
              1,005,400Net
                  Cash Flows Provided by Financing Activities
              
              
              125,033
              
              
              591,626
              
              
              1,392,874Net
                  Increase (Decrease) in Cash
              
              
              (281
              )
              
              8,622
              
              
              -**Cash
                  and cash equivalents - Beginning of period**
              
              
              281
              
              
              (8,341
              )
              
              -**Cash
                  and cash equivalents - End of period**
              
              $
              -
              
              $
              281
              
              $
              -**SUPPLEMENTARY
                  INFORMATION**Interest Paid
              
              $
              944
              
              $
              83
              
              $
              3,979Taxes Paid
              
              $
              -
              
              $
              -
              
              $
              -**NON-CASH
                  TRANSACTIONS**Common stock issued in exchange for services
              
              $
              39,429
              
              $
              1,521,024
              
              $
              3,615,990Common stock issued for debt settlement
              
              $
              81,669
              
              $
              1,124,990
              
              $
              1,326,249
  See
        the
        accompanying summary of accounting policies and notes to the financial
        statements.
  27
  **MAGNUM
        D'OR RESOURCES INC.**
 (An
        Exploration Stage Company)
  **Consolidated
        Statement of Stockholders' Equity (Deficit)**
  Preferred
                  Stock
              
              Common
                  Stock
              
              Additional
              
              Accumulated
                During
                  the
              
              TotalNumber
                  of Shares
              
              Amount
              
              Number
                  of Shares
              
              Amount
              
              Paid-in
                Capital
              
              Development
                Stage
              
              Stockholders'
                EquityInception
                  - February 25, 1997
              
              
              -
              
              $
              -
              
              
              -
              
              $
              -
              
              $
              -
              
              $
              -
              
              $
              -Balance
                  September 3, 1999
              
              
              -
              
              
              -
              
              
              -
              
              
              -
              
              
              -
              
              
              -
              
              
              -Issuance
                  of stock for cash
              
              
              -
              
              
              -
              
              
              30
              
              
              -
              
              
              93,941
              
              
              -
              
              
              93,941Issuance
                  of stock for compensation
              
              
              -
              
              
              -
              
              
              3
              
              
              -
              
              
              1,000
              
              
              -
              
              
              1,000Net
                  loss for year
              
              
              -
              
              
              -
              
              
              -
              
              
              -
              
              
              -
              
              
              (12,197
              )
              
              (12,197
              )Balance
                  - September 30, 1999
              
              
              -
              
              
              -
              
              
              33
              
              
              -
              
              
              94,941
              
              
              (12,197
              )
              
              82,744Options
                  issued for software license
              
              
              -
              
              
              -
              
              
              -
              
              
              -
              
              
              82,178
              
              
              -
              
              
              82,178Net
                  profit for year
              
              
              -
              
              
              -
              
              
              -
              
              
              -
              
              
              -
              
              
              (157,841
              )
              
              (157,841
              )Balance
                  - September 30, 2000
              
              
              -
              
              
              -
              
              
              33
              
              
              -
              
              
              177,119
              
              
              (170,038
              )
              
              7,081Net
                  loss for year
              
              
              -
              
              
              -
              
              
              -
              
              
              -
              
              
              -
              
              
              (678,142
              )
              
              (678,142
              )Balance
                  - September 30, 2001
              
              
              -
              
              
              -
              
              
              33
              
              
              -
              
              
              177,119
              
              
              (848,180
              )
              
              (671,061
              )Issuance
                  of stock for compensation
              
              
              -
              
              
              -
              
              
              26
              
              
              -
              
              
              385,000
              
              
              -
              
              
              385,000Issuance
                  of stock for compensation
              
              
              -
              
              
              -
              
              
              83
              
              
              -
              
              
              10,000
              
              
              -
              
              
              10,000Issuance
                  of stock for debt settlement
              
              
              -
              
              
              -
              
              
              13
              
              
              -
              
              
              1,500
              
              
              -
              
              
              1,500Net
                  loss for year
              
              
              -
              
              
              -
              
              
              -
              
              
              -
              
              
              -
              
              
              (395,891
              )
              
              (395,891
              )Balance
                  - September 30, 2002
              
              
              -
              
              
              -
              
              
              155
              
              
              -
              
              
              573,619
              
              
              (1,244,071
              )
              
              (670,452
              )Issuance
                  of stock for compensation
              
              
              -
              
              
              -
              
              
              1,999,845
              
              
              2,000
              
              
              812,742
              
              
              -
              
              
              814,742Issuance
                  of preferred stock
              
              
              7,000,000
              
              
              7,000
              
              
              -
              
              
              -
              
              
              (7,000
              )
              
              -
              
              
              -Net
                  loss for year
              
              
              -
              
              
              -
              
              
              -
              
              
              -
              
              
              -
              
              
              (205,529
              )
              
              (205,529
              )Balance
                  - September 30, 2003
              
              
              7,000,000
              
              
              7,000
              
              
              2,000,000
              
              
              2,000
              
              
              1,379,361
              
              
              (1,449,600
              )
              
              (61,239
              )Issuance
                  of stock for compensation
              
              
              -
              
              
              -
              
              
              1,354,809
              
              
              1,355
              
              
              844,419
              
              
              -
              
              
              845,774Issuance
                  of stock for cash
              
              
              -
              
              
              -
              
              
              45,000
              
              
              45
              
              
              159,955
              
              
              -
              
              
              160,000Net
                  loss for year
              
              
              -
              
              
              -
              
              
              -
              
              
              -
              
              
              -
              
              
              (1,512,763
              )
              
              (1,512,763
              )Balance
                  - September 30, 2004
              
              
              7,000,000
              
              
              7,000
              
              
              3,399,809
              
              
              3,400
              
              
              2,383,735
              
              
              (2,962,363
              )
              
              (568,228
              )Issuance
                  of stock for debt settlement
              
              
              3,000,000
              
              
              3,000
              
              
              488,458
              
              
              489
              
              
              1,078,613
              
              
              -
              
              
              1,082,102Issuance
                  of stock for compensation
              
              
              -
              
              
              -
              
              
              1,103,417
              
              
              1,103
              
              
              1,520,318
              
              
              -
              
              
              1,521,421Net
                  loss for year
              
              
              -
              
              
              -
              
              
              -
              
              
              -
              
              
              -
              
              
              (2,074,237
              )
              
              (2,074,237
              )Balance
                  - September 30, 2005
              
              
              10,000,000
              
              
              10,000
              
              
              4,991,684
              
              
              4,992
              
              
              4,982,666
              
              
              (5,036,600
              )
              
              (38,942
              )Conversion
                  of payableto
                  additional paid in capital
              
              
              -
              
              
              -
              
              
              -
              
              
              -
              
              
              39,251
              
              
              -
              
              
              39,251Issuance
                  of stock as a resultof
                  reverse stock split
              
              
              -
              
              
              -
              
              
              65,560
              
              
              66
              
              
              (66
              )
              
              -
              
              
              -Issuance
                  of stock for debt settlement
              
              
              -
              
              
              -
              
              
              483,482
              
              
              483
              
              
              81,669
              
              
              -
              
              
              82,152Issuance
                  of stock for compensation
              
              
              -
              
              
              -
              
              
              244,364
              
              
              244
              
              
              39,429
              
              
              -
              
              
              39,673Net
                  loss for year
              
              
              -
              
              
              -
              
              
              -
              
              
              -
              
              
              -
              
              
              (118,375
              )
              
              (118,375
              )Balance
                  - September 30, 2006
              
              
              10,000,000
              
              $
              10,000
              
              
              5,785,090
              
              $
              5,785
              
              $
              5,142,949
              
              $
              (5,154,975
              )
              $
              3,759
  See
        the
        accompanying summary of accounting policies and notes to the financial
        statements.
  28
  **MAGNUM
        D'OR RESOURCES INC.**
 (An
        Exploration Stage Company)
  Notes
        to
        Financial Statements
 September
        30, 2006
  **Note
        1 - General**
  **Nature
        of Business**
  Magnum
        d'Or Resources, Inc. (the "Company") was incorporated on September 3, 1999
        under
        the laws of the State of Nevada. The Company is a mining exploration resource
        company focused on the exploration and advancement of premium base and precious
        metal assets, primarily in Mongolia. Currently, the Company has two properties
        in Mongolia whereon it has options to earn 100% of the mineral rights and
        to
        purchase the royalties outright; the Company is also seeking a merger with
        an
        operating entity.
  In
        April
        2003, the Company spun off its wholly-owned subsidiary Progolftournaments.com
        Inc.
  In
        October 2005, the Company formed Sunrise Mining Corporation (“Sunrise”), which
        became a wholly-owned subsidiary. Subsequent to Sunrise’s incorporation, the
        Company transferred all of the rights to its mining operations to
        Sunrise.
  On
        September 25, 2006, the Company changed its resident agent and its subsidiary’s
        resident agent to InCorp Services, Inc, which is located at 3155 East Patrick
        Lane, Suite 1, Las Vegas, NV 89120 - 3481.
  On
        September 27, 2006, the Company amended the Article of Incorporation of Sunrise
        Mining Corporation to increase its total authorized shares of stock from
        ten
        million (10,000,000) to two hundred million (200,000,000), par value at One
        Mill
        ($.001) per share divided into two (2) classes of stock as follows for a
        total
        capitalization of TWO HUNDRED THOUSAND DOLLARS ($200,000):
  (A)
        Non-assessable Common Stock: One Hundred Ninety Million (190,000,000) shares
        of
        Common Stock, par value One Mill ($0.001) per share and
  (B)
        Preferred Stock: Ten Million (10,000,000) shares of Preferred Stock, par
        value
        One Mill ($0.001) per share.
  The
        Common shares of Sunrise Mining Corporation shall have one (1) vote per share.
        The Preferred shares of Sunrise Mining Corporation shall have twenty (20)
        votes
        per share. The Preferred shares are not convertible into common
        shares.
  The
        Company's fiscal year end is September 30.
  **Note
        2 - Summary of Significant Accounting Policies:**
  **Basis
        of Presentation - Mining Exploration Company**
  The
        Company has not earned any revenue from limited principal operations.
        Accordingly, the Company's activities have been accounted for as those of
        a
        "Mining Exploration Company" as set forth in Financial Accounting Standards
        Board Statement No. 7 ("SFAS 7"). Among the disclosures required by SFAS
        7 are
        that the Company's financial statements be identified as those of a mining
        exploration company, and that the statements of operations, stockholders'
        equity
        (deficit) and cash flows disclose activity since the date of the Company's
        inception.
  **Basis
        of Accounting**
  The
        accompanying financial statements have been prepared on the accrual basis
        of
        accounting in accordance with accounting principles generally accepted in
        the
        United States. Significant accounting principles followed by the Company
        and the
        methods of applying those principles, which materially affect the determination
        of financial position and cash flows are summarized below.
  29
  **Reverse
        Stock Split**
  On
        April
        24, 2006, the Company underwent a 40 to 1 reverse stock split. The effect
        of
        this reverse stock split was rolled back to inception for financial reporting
        purposes.
  **Consolidation
        Policy**
  The
        accompanying consolidated financial statements include the accounts of Magnum
        D’Or Resources, Inc., and its subsidiary, Sunrise Mining Corporation. All
        material intercompany accounts and transactions have been
        eliminated.
  **Foreign
        Currency Adjustments**
  The
        Company's functional currency for all operations worldwide is the U.S. dollar.
        Nonmonetary assets and liabilities are translated at historical rates and
        monetary assets and liabilities are translated at exchange rates in effect
        at
        the end of the year. Income statement accounts are translated at average
        rates
        for the year. Gains and losses from translation of foreign currency financial
        statements into U.S. dollars are included in current results of operations.
        Gains and losses resulting from foreign currency transactions are also included
        in current results of operations.
  **Estimates**
  The
        preparation of financial statements in conformity with accounting principles
        generally accepted in the United States requires management to make estimates
        and assumptions that affect certain reported amounts and disclosures.
        Accordingly, actual results could differ from those estimates.
  **Cash
        and Cash Equivalents**
  For
        purposes of the statement of cash flows, the Company considered all cash
        and
        other highly liquid investments with initial maturities of three months or
        less
        to be cash equivalents.
  **Mining
        Exploration Costs**
  In
        accordance with the views expressed by the U.S. Securities and Exchange
        Commission in "Current Accounting and Disclosure Issues in the Extractive
        Industry", the Company expenses mining exploration costs as they are incurred.
  **Income
        Taxes**
  The
        Company accounts for income taxes under SFAS No. 109, which requires the
        asset
        and liability approach to accounting for income taxes. Under this method,
        deferred tax assets and liabilities are measured based on differences between
        financial reporting and tax bases of assets and liabilities measured using
        enacted tax rates and laws that are expected to be in effect when differences
        are expected to reverse
  **Net
        Earning (Loss) Per Share**
  Basic
        and
        diluted net loss per share information is presented under the requirements
        of
        SFAS No. 128, Earnings per Share. Basic net loss per share is computed by
        dividing net loss by the weighted average number of shares of common stock
        outstanding for the period, less shares subject to repurchase. Diluted net
        loss
        per share reflects the potential dilution of securities by adding other common
        stock equivalents, including stock options, shares subject to repurchase,
        warrants and convertible preferred stock, in the weighted-average number
        of
        common shares outstanding for a period, if dilutive. All potentially dilutive
        securities have been excluded from the computation, as their effect would
        be
        anti-dilutive.
  **Fair
        Value of Financial Instruments**
  The
        carrying amount of cash, deposits, and accounts payable are considered to
        be
        representative of their respective fair values because of the short-term
        nature
        of these financial instruments.
  30
  **Recently
        Issued Accounting Standards**
  In
        February 2006, the FASB issued Statement No. 155, *“Accounting
        for Certain Hybrid Financial Instruments”* (“SFAS No. 155”), which amends FASB Statements No. 133 and 140.
        This Statement permits fair value remeasurement for any hybrid financial
        instrument containing an embedded derivative that would otherwise require
        bifurcation, and broadens a Qualified Special Purpose Entity’s (“QSPE”)
        permitted holdings to include passive derivative financial instruments that
        pertain to other derivative financial instruments. This Statement is effective
        for all financial instruments acquired, issued or subject to a remeasurement
        event occurring after the beginning of an entity’s first fiscal year beginning
        after September 15, 2006. This Statement has no current applicability to
        the Company’s financial statements. Management plans to adopt this Statement on
        October 1, 2006, and it is anticipated that the initial adoption of this
        Statement will not have a material impact on the Company’s financial position,
        results of operations, or cash flows.
 
 In
        March
        2006, the FASB issued Statement No. 156, *“Accounting
        for Servicing of Financial Assets - an amendment of FASB Statement No.
        140”* (“SFAS No. 156”). This Statement is effective for fiscal years
        beginning after September 15, 2006. This Statement requires that all
        separately recognized servicing assets and servicing liabilities be initially
        measured at fair value, if practicable. This Statement has no current
        applicability to the Company’s financial statements. Management plans to adopt
        this Statement on October 1, 2006, and it is anticipated that the initial
        adoption of this Statement will not have a material impact on the Company’s
        financial position, results of operations, or cash flows.
 
 In
        June
        2006, the FASB issued Interpretation 48, *“Accounting
        for Uncertainty in Income Taxes”* (“FIN 48”), an interpretation of FASB Statement No. 109, *“Accounting
        for Income Taxes.”* FIN 48 clarifies the accounting and reporting for income taxes where
        interpretation of the law is uncertain. FIN 48 prescribes a comprehensive
        model for the financial statement recognition, measurement, presentation
        and
        disclosure of income tax uncertainties with respect to positions taken or
        expected to be taken in income tax returns. FIN 48 is effective for fiscal
        years beginning after December 15, 2006. This Statement has no current
        applicability to the Company’s financial statements. Management plans to adopt
        this Statement on October 1, 2006, and it is anticipated that the initial
        adoption of FIN 48 will not have a material impact on the Company’s
        financial position, results of operations, or cash flows.
 
 In
        September 2006, the FASB issued Statement No. 157, *“Fair
        Value Measurements”* (“SFAS No. 157”). SFAS No. 157 addresses how companies
        should measure fair value when they are required to use a fair value measure
        for
        recognition or disclosure purposes under GAAP. SFAS No. 157 defines
        fair value, establishes a framework for measuring fair value and expands
        disclosures about fair value measurements. SFAS No. 157 is effective
        for fiscal years beginning after November 15, 2007, with earlier adoption
        permitted. Management is assessing the impact of the adoption of this
        Statement.
  In
        September 2006, the FASB issued Statement No. 158, *“Employers’
        Accounting for Defined Benefit Pension and Other Postretirement
        Plans”* (“SFAS No. 158”), an amendment of FASB Statements No. 87, 88, 106
        and 132(R). SFAS No. 158 requires (a) recognition of the funded
        status (measured as the difference between the fair value of the plan assets
        and
        the benefit obligation) of a benefit plan as an asset or liability in the
        employer’s statement of financial position, (b) measurement of the funded
        status as of the employer’s fiscal year-end with limited exceptions, and
        (c) recognition of changes in the funded status in the year in which the
        changes occur through comprehensive income. The requirement to recognize
        the
        funded status of a benefit plan and the disclosure requirements are effective
        as
        of the end of the fiscal year ending after December 15, 2006. The
        requirement to measure the plan assets and benefit obligations as of the
        date of
        the employer’s fiscal year-end statement of financial position is effective for
        fiscal years ending after December 15, 2008. This Statement has no current
        applicability to the Company’s financial statements. Management plans to adopt
        this Statement on October 1, 2006, and it is anticipated the adoption of
        SFAS No. 158 will not have a material impact to the Company’s
        financial position, results of operations, or cash flows.
  In
        September 2006, the Securities Exchange Commission issued Staff Accounting
        Bulletin No. 108 (“SAB No. 108”). SAB No. 108
        addresses how the effects of prior year uncorrected misstatements should
        be
        considered when quantifying misstatements in current year financial statements.
        SAB No. 108 requires companies to quantify misstatements using a
        balance sheet and income statement approach and to evaluate whether either
        approach results in quantifying an error that is material in light of relevant
        quantitative and qualitative factors. When the effect of initial adoption
        is
        material, companies will record the effect as a cumulative effect adjustment
        to
        beginning of year retained earnings and disclose the nature and amount of
        each
        individual error being corrected in the cumulative adjustment.
        SAB No. 108 will be effective beginning October 1, 2006, and it is
        anticipated that the initial adoption of SAB No. 108 will not have a
        material impact on the Company’s financial position, results of operations, or
        cash flows.
  31
  **Reclassifications**
  Certain
        reclassifications have been made to the prior years' financial statements
        to
        conform to the current year presentation. These reclassifications had no
        effect
        on previously reported results of operations or retained earnings.
  **Going
        Concern**
  As
        shown
        in the accompanying financial statements, the Company has incurred recurring
        losses from operations, and as of September
        30, 2006, the Company's net loss is $118,375. These
        factors raise substantial doubt about the Company's ability to continue as
        a
        going concern. Management is seeking to acquire a profitable operation though
        a
        stock transaction. The accompanying financial statements do not include any
        adjustments that might be necessary if the Company is unable to continue
        as a
        going concern.
  **Note
        3 - Income Taxes**
  There
        has
        been no provision for U.S. federal, state, or foreign income taxes for any
        period because the Company has incurred losses in all periods and for all
        jurisdictions.
  At
        September 30, 2006, the Company had US net operating loss carryforwards of
        approximately $5,154,975 for federal income tax purposes.
  The
        US
        carryforward expiration years and amounts are as follows:
  Year
              
              Amount2022
              
              $
              628,3002023
              
              
              821,4002024
              
              
              1,512,7002025
              
              
              2,074,2002026
              
              
              118,375$
              5,154,975
  Deferred
        tax assets and liabilities are comprised of the following as of September
        30,
        2006 and 2005:
  September
                  30,2006
              
              2005Deferred
                  income tax assets:Tax effect of net operatingloss carryforward
              
              
              1,755,586
              
              
              1,712,400Valuation
                  allowance
              
              
              (1,755,586
              )
              
              (1,712,400
              )Net
                  deferred tax asset
              
              $
              -
              
              $
              -
  Realization
        of deferred tax assets is dependent upon future earnings, if any, the timing
        and
        amount of which are uncertain. Accordingly, the net deferred tax assets have
        been fully offset by a valuation allowance. As of September 30, 2006, the
        Company had net operating loss carryforwards of approximately $5,154,975
        for
        federal and state income tax purposes. These carry forwards, if not utilized
        to
        offset taxable income begin to expire in 2022. Utilization of the net operating
        loss may be subject to substantial annual limitation due to the ownership
        change
        limitations provided by the Internal Revenue Code and similar state provisions.
        The annual limitation could result in the expiration of the net operating
        loss
        before utilization.
 
 A
        reconciliation of the difference between the expected tax benefit at the
        U.S.
        federal statutory rate and the Company's of effective tax benefit for the
        years
        ended September 30, 2006 and 2005 are as follows:
  September
                  30,2006
              
              2005Expected
                  benefitValuation allowance
              
              
              43,186
              
              
              705,200(43,186
              )
              
              (705,200
              )Effective
                  actual income tax
              
              $
              -
              
              $
              -
  32
  **Note
        4 - Note Payable**
  On
        March
        30, 2006, the Company approved that $40,726 of the amount owing to an affiliate
        be converted into a convertible promissory note with interest payable at
        the
        rate of 6% per annum commencing on March 30, 2006. This note is convertible
        into
        common stock at the price of the last trade on the date the demand for
        conversion is made. These shares would have piggy-back rights for
        registration.
  On
        September 6, 2006 the Company issued 277,799 restricted common shares at
        0.15  per
        share
        to pay back the principle and interests of the note payable.
  **Note
        5 - Share Capital**
  During
        the year ended September 30, 2005, the Company amended its articles to increase
        the authorized share capital to 200,000,000 common shares with a par value
        of
        $.001.
  During
        the year ended September 30, 2005, the Company issued a total of 44,136,667
        shares of common stock to consultants to the Company for a total monetary
        value
        of $1,521,024.
  On
        April
        24, 2006, the Company’s 1-for-40 reverse stock split became effective. In
        connection with this reverse stock split, the Company issued 65,560 new common
        shares as the special treatment to certain stockholders of the Corporation
        who
        owned less than 4,000 common shares before the reverse split. All share and
        per
        share data information in the financial statements for all periods have been
        retroactively restated to reflect the reverse stock split.
  During
        the year ended September 30, 2006, the Company issued a total of 244,364
        shares
        of common stock to consultants of the Company for a total monetary value
        of
        $39,429.
  The
        preferred shares have no preferred dividends but have 20 to 1 voting privileges
        as compared to common stock.
  **Note
        6 - Related Party Transactions**
  During
        the year ended September 30, 2006, the Company issued 200,000 shares of common
        stock to its secretary for his administrative and secretary services.
  During
        the year ended September 30, 2006, the Company issued 134,820 shares of
        restricted common stock to its vice president to repay money advanced by
        him to
        the Company with a total amount of $20,223 during the twelve month period
        ended
        September 30, 2006, the advances are unsecured, non-interest bearing and
        have no
        fixed terms of repayment.
  During
        the year ended September 30, 2006, the Company issued 277,799 shares of
        restricted common shares at $0.15 per
        share to pay back the principal ($40,726) and interests (944)) of the note
        payable.
  **Note
        7 - Option Agreements**
  In
        December of 2002, the Company entered into an option agreement to acquire
        up to
        a 100% mineral rights interest in approximately 50,000 hectares (125,000
        acres)
        located approximately 48.5 km north of Shuteen, Mongolia. 60% of this interest
        was earned by the issuance of 1,200,000 shares of common stock, the payment
        of
        $17,500 to the grantor, commitment to spending $75,000 on exploration costs
        within twelve months of executing the agreement, and paying $5,200 in annual
        license fees. The remaining 40% was acquired by spending an additional $300,000
        on exploration and development costs, the issuance of 300,000 additional
        shares
        of the Company's common stock, and the payment of $75,000 to the licensor.
        These
        mineral rights interests are subject to a 1.5% net smelter returns royalty.
  In
        December of 2003 the Company entered into an option agreement to acquire
        up to a
        100% interest in a mineral license representing approximately 8,000 hectares
        (19,768 acres) located in Bayanhongor Aimag of Mongolia. Terms of this option
        call for the company to spend $100,000 in exploration costs, made an initial
        cash payment of $25,000 and issued 2,000,000 share of unrestricted common
        stock
        to the grantor. This license is subject to a 1.5% net smelter return royalty
        which the Company has the option to purchase outright for $1,000,000. As
        of
        September 30, 2005, the Company had satisfied all of the terms of this option
        agreement other than the acquisition of the net smelter return royalty.
  33
  In
        March
        2006, the Company received assay results from the 2004 drill program on the
        Khul
        Morit property.
  In
        October 2006, the Company received the full geological and geochemical report
        from the 2004 drill program on the Khul Morit property
  **Note
        8 - Other Commitments**
  On
        September 10, 2004, the Company entered into an agreement for the Phase 2
        exploration plan on the Khul Morit Property. The budget for the proposed
        work
        was estimated to be $439,540 according to the contract. As of September 30,
        2006, the Company had paid $441,451.26 to its consultants for this exploration,
        and no payable or obligation remains under this contract.
  During
        the year ended September 30, 2006, the Company didn’t enter into any new
        agreements regarding further exploration programs with any third
        party.
  **Note
        9 - Spin-Off of Mining Operations**
  On
        August
        18, 2006, the Board of Directors of the Company approved the spin-off of
        Sunrise
        Mining Corporation when a new operating entity is merged into the Company.
        This
        spin-off had not taken place as of September 30, 2006.
  **Note
        10 - Subsequent Events**
 
 On
        December 20, 2006, Mr. Chad Curtis acquired 10,000,000 shares of voting
        Preferred Stock (the "Shares") of Magnum D'Or Resources, Inc., a Nevada
        corporation (the "Company") from Sunrise Lighting Holdings Limited. Each
        Share
        entitles the holder to the equivalent of 20 voting shares of the Company's
        common stock and therefore provides Mr. Curtis voting control of the
        Company.
  34
  **INDEX
        OF EXHIBITS ATTACHED**
 
 Exhibit
                Number
              
              Description10.1
              
              Assignment
                  and bill of sale21
              
              List
                  of subsidiaries31
              
              Certification
                  of Chad Curtis32
              
              Certification
                  of Chad Curtis
  35
  **SIGNATURES**
 
 In
        accordance with the requirements of the Exchange Act, the registrant caused
        this
        report to be signed on its behalf by the undersigned, hereunto duly authorized.
 
 **MAGNUM
        D'OR RESOURCES INC.**
  Dated:
                  May 24, 2007
              By:
              /s/ Chad
                  CurtisChad
                  Curtis, Chief Executive Officer,
                President
                  and Chief Financial Officer
 
 Dated:
                  May 24, 2007
              By:
              /s/ Chad
                  CurtisChad
                  Curtis, Director
  36