**United
      States**


**Securities
      and Exchange Commission**


Washington,
      DC 20549




**FORM
      10-KSB**





**x** **ANNUAL REPORT UNDER 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934**





For
      the
      year ended September 30, 2007





**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.**


Name
      of
      small business issuer in its charter




Nevada
            
            98
                - 0215222(State
                or other jurisdiction of incorporation or organization)
            
            (I.R.S.
                Employer Identification No.)





**1326
      SE 177** **th** **Street, Suite 513**


**Ft.
      Lauderdale, FL 33316**


(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 is not required to file reports pursuant to Section 13 or
      15(d) of the Exchange Act.


Yes x No o





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
      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 x No o





State
      issuer’s revenues for its most recent fiscal year: $0.00





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: $1,880,154 as of January 10,
      2008.





**(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
      January 4, 2008.





**DOCUMENTS
      INCORPORATED BY REFERENCE**





None




Transitional
      Small Business Disclosure Format (Check one): Yes o No x







**PART
      I**





**ITEM
      1.********DESCRIPTION
      OF BUSINESS**





The
      primary business of the Company is to provide sources of high quality
      Elastomeric Alloys (EAs) to various manufacturers. This will be accomplished
      through the utilization of technologically advanced processes and techniques
      of
      recyclables to replace limited virgin resources.





The
      Company intends to be a global leader in recycling, and waste management. It
      will develop facilities that produce high quality rubber powders, thermoplastics
      and thermoplastics elastomers. It may establish a technical facility for
      research and development in the field of elastomers or seek strategic alliances
      with major universities and firms.




The
      Company has acquired licensing rights to a number of patents that allow rubber
      to be devulcanized, specialty blend EPDM powders, and EPDM compounds. The
      Agreement provides the Company with an array of technologies that could
      potentially revoluntionize the rubber recycling industry in the U.S., Canada,
      and China. The Company will use its licensed patented cryogenic process to
      freeze scrap tires, remove fibers and metal wire, and produce crumb rubber
      sorted into different mesh sizes to be recycled into various rubber products.




Leading
      international manufacturers have designed the engineering, and will supply
      the
      equipment used in the processes at our future plants. While it is true that
      cryogenic fine grinding of elastomers is not a new idea, the novelty in our
      process is.




**Previous
      Operations - General**





Magnum
      d’Or Resources, Inc. (“the Company”) was a junior resource company focused on
      the exploration and advancement of premium base and precious metal assets
      primarily in Mongolia. The Company had two properties in Mongolia whereby the
      Company has an option to earn a 100% ownership interest in the properties and
      to
      purchase the royalties outright. One property is strategically located near
      the
      town of Undershill adjacent to Ivanhoe Mines' property in Mongolia. The
      Company's last discoveries in the Undershill property and the acquisition to
      earn up to a 100% interest in the Khol Morit porphyry-copper gold property
      ensures continued mining activity. These operations have been spun-off, and
      the
      Company no longer is engaged in any mining operations.





**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 presently has one employee.










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.





**Risk
      Factors**





**Financial
      position of the Company, working capital deficit; report of independent
      auditors.** The
      Company through September 30, 2007, had no limited revenues since its inception.
      The Company has not yet generated operating income from operations, nor is
      there
      any assurance that the Company will achieve future revenue levels and operating
      efficiencies to support existing operations, generate positive cash flow from
      operations or recover its proposed investment in its property, plant and
      equipment. The Company expects to continued losses through the fourth quarter
      of
      2008 and there can be no assurance that such losses will not continue
      thereafter. The success of the Company’s operations are largely dependent upon
      its ability to establish and improve operating efficiencies and overall
      production capacity, generate substantial sales revenues and generate adequate
      cash-flows from operations, as to which there can be no assurance. The Company’s
      operations are subject to numerous risks associated with the establishment
      of
      its business, including lack of adequate financing sources, competition from
      numerous risks associated with the establishment of its business, including
      lack
      of adequate financing sources, competitions from numerous large,
      well-established and well-capitalized competitors. In addition, the Company
      has
      in the past and may again in the future encounter unanticipated problems,
      including manufacturing, distribution and marketing difficulties, 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.





The
      independent accountant’s report on the Company’s financial statements for the
      period ended September 30, 2007, contains an explanatory paragraph regarding
      the
      Company’s ability to continue as a going concern. See Report of Independent
      Accountants contained in the Financial Statements. See “Financial
      Statements”.





**Highly
      Competitive Industry.** The
      rubber products materials industry is highly competitive. The Company faces
      competition in all of its markets from large, national construction material
      companies and smaller, regional companies, as well as from individuals. Many
      of
      the Company’s competitors are larger and have greater financial resources than
      the Company. The Company from time to time will experience price pressure in
      certain of its markets as a result of competitors’ promotional pricing
      practices. Competition is based on product quality, functionality, price, brand
      loyalty, effective promotional activities and the ability to identify and
      satisfy emerging consumer preferences. See “Business—Competition”.





**Availability
      and Integration of Future Acquisitions.** The
      Company’s strategy includes pursuing acquisitions candidates that complement its
      existing product line and geographic presence and leverage of its purchasing
      power, brand management and capability and operating efficiencies. Potential
      competitors for acquisition opportunities include larger companies with
      significantly greater financial resources. Competition for the acquisition
      of
      businesses may result in acquisitions on terms that prove to be less
      advantageous to the Company that 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,
      there
      can be no assurance that the Company will find attractive acquisition candidates
      in the future or succeed in reducing the costs and increasing the profitability
      of any business acquired in the future.





**Risks
      of Leverage.** The
      Company anticipates that it may incur substantial borrowings for the purpose
      of
      purchasing inventory and equipment, and for financing the expansion and growth
      of the Company, including the possible acquisition of other companies. See
      “Business - Borrowing Policies”. Any amounts borrowed will depend among other
      things, on the condition of financial markets. Acquisitions of equipment,
      vehicles, or other companies purchased on a leveraged basis generally can be
      expected to be profitable only if they generate, at a minimum, sufficient cash
      revenues to pay interest on, and to amortize, the related debt, to cover
      operating expenses and to recover the equity investment. The use of leverage,
      under certain circumstances, may provide a higher return to the shareholders
      but
      will cause the risk of loss to the shareholders to be greater than if the
      Company did not borrow, because fixed payment obligations must be met on certain
      specified dates regardless of the amount of revenues derived by the Company.
      If
      debt service payments are not made when due, the Company may sustain the loss
      of
      its equity investment in the assets securing the debt as a result of foreclosure
      by the secured lender. Interest payable on Company borrowings, if any, may
      vary
      with the movement of the interest rates charged by banks to their prime
      commercial customers. An increase in borrowing costs due to a rise in the
“prime” or “base” rates may reduce the amount of Company income and cash
      availability for dividends.










The
      Company’s lenders may impose restrictions on the Company’s ability to pay
      dividends to the shareholders. If such restrictions are imposed on the Company,
      the Company may not meet its cash distribution objectives.





**Rapid
      Growth.** The
      Company may experience rapid growth. It will be necessary for the Company to
      rapidly add a significant number of employees and may be required to expand
      considerable efforts in training these new employees. This growth will place
      strains on the Company’s management resource and facilities. The Company’s
      success will, in part, be dependent upon the ability of the Company to manage
      growth effectively.





**Licenses
      and Other Proprietary Rights.** The
      Company has acquired license rights for its rubber products, and may acquire
      or
      develop other products that it believes may be patentable. However, the Company
      can give no assurance that further patents will be issued; that present of
      future patents will be enforceable, will exclude competitors or provide
      competitive advantage, and will be valid if challenged; or that competitors
      will
      not be able to design around or develop similar products. The Company also
      seeks
      to maintain the confidentiality of its proprietary rubber formula and production
      processes which it believes are not patentable. However, the Company can give
      no
      assurance that its confidentiality agreements will be enforced or that
      competitors could not independently develop similar formulas or processes.





**Potential
      Quarterly Fluctuations.** The
      Company may experience variability in its net sales and net income on a
      quarterly basis as a result of many factors, including the condition of the
      construction industry in general, seasonal shifts in demand, weather and
      industry announcements of new constructions. The Company’s planned operating
      expenditures each quarter are based on sales forecasts for the quarter. If
      sales
      do not meet expectations in any given quarter, operating results for the quarter
      may be materially and adversely affected. See “Management’s Discussion and
      Analysis of Financial Conditions and Results of Operations”.





**Dependence
      on Senior Management.** The
      Company’s future performance will depend to a significant extent upon the
      efforts and abilities of certain key management personnel. The Company does
      not
      have a key life insurance policy on its executives. 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.





**Product
      Liability and Warranty Claims.** The
      Company has never had a significant claim brought against it for product
      liability. While the Company has never incurred significant liability for such
      claims, any significant occurrence in claims could have an adverse impact on
      the
      Company. The Company believes that its product liability insurance will be
      adequate and that it also may have certain rights to indemnification from third
      parties. There can, however, be no assurance that claims exceeding such coverage
      will not be made, that the Company will be able to obtain and continue insurance
      coverage, or that the Company would be successful in obtaining indemnification
      from such third parties. Although the Company from time to time will provide
      written limited warranties to its customers, no significant warranty claims
      have
      been received or are expected. There can, however, be no assurance that
      significant warranty claims will not be received in the future.





**Business
      Interruption.** The
      Company believes that its success and future results of operations will be
      dependent in large upon its ability to provide prompt and efficient service
      to
      its customers. As a result, any disruption of the Company’s day-to-day
      operations could have a material adverse effect upon the Company and any failure
      of the Company’s management and manufacturing systems, distribution arrangements
      or telephone systems could impair its ability to receive and process customer
      orders and ship products on a timely basis.





If
      the
      Company’s facilities are significantly damaged by fire or other casualty,
      production may be substantially interrupted and such casualty loss and business
      interruption would have a material adverse effect on the Company’s operations
      and profitability. The Company intends to maintain business interruptions
      insurance but there can be no assurance that such coverage, if obtained, will
      be
      sufficient to cover the Company’s losses or that the Company will be able to
      regain its market share or customer base after resuming operations.










**Competition.** The
      rubber materials business and related products is highly competitive. In the
      construction industry, barriers to entry are relatively low and the risk of
      new
      competitor entering the market is high. Certain existing competitors of the
      Company have substantially greater resources that the competitors that may
      enter
      the market. In addition, price is an important competitive factor in the
      construction materials market and there can be no assurance that the Company
      will not be subject to increased price competition.





In
      seeking to market rubber products as alternative materials to other materials,
      the Company competes with major companies. The conventional material
      manufacturers with which the Company must compete have, in many cases,
      long-established ties to the building and construction industry and have proven
      well-accepted products. There are many additional large competitors in this
      market.





Many
      large competitors have research and development budgets, marketing staffs and
      financial and other resources which far surpass the resources of the Company.
      Several such competitors are currently attempting to develop and introduce
      similar recycled materials. The Company must also compete in the building
      materials market with certain other recyclers currently manufacturing recycled
      materials intended for similar applications. Few of such recyclers, to the
      Company’s knowledge, have achieved significant commercial acceptance to
      date.





The
      Company competes for certain raw materials with other recyclers, most of which
      are far larger and better established than the Company. However, management
      believes that its focus towards sources of used tires that it recycles and
      uses
      in its business are less attractive to most producers of recycled tires. As
      a
      result, the Company believes that the tire reclamation process it has developed
      for its manufacturing business are able to source raw materials from readily
      available sources. The Company expects new entrants into the tire reclamation
      business which could effect the Company’s source of raw materials supply and who
      may have substantially greater financial and other resources than the Company.





**Risks
      Associated with the Company**





**Factors
      Affecting Operations.** The
      construction materials industry may be affected by adverse changes in general
      or
      local economic market conditions, weather, changing requirements, limited
      alternative uses for the construction rubber modules, changing demographics,
      and
      other factors. See “Business”.





**Lack
      of Diversification.** The
      success of the Company will initially depend primarily upon the success of
      its
      marketing of its rubber modules, and related operations. Because Company funds
      and assets will be concentrated in one industry, the Company will lack
      investment diversification.





**Dependence
      on Key Personnel.** The
      operation of the company requires managerial and operational expertise. The
      Company has no reason to believe that any of its key management personnel will
      not continue to be active in the Company’s operations. See
“Management”.





**Employees.** Although
      the Company believes that it will be able to obtain and maintain an adequate
      number of competent personnel, there is no assurance that a shortage of
      qualified operating personnel will not present a serious problem to the Company
      in the future. See “Business-Employees”.





**Uninsured
      Losses.** The
      Company intends to arrange for comprehensive insurance, including general
      liability, fire and extended coverage and business interruption insurance,
      which
      is customarily obtained for similar operations. Although the Company will
      maintain insurance coverage in amounts believed to be prudent and sufficient,
      there is a possibility that losses may exceed such coverage limitations.
      Furthermore, there are certain types of losses (generally of a catastrophic
      nature, including tornadoes, earthquakes and floods) that are either uninsurable
      or not economically insurable. Should such a disaster occur, the Company could
      suffer a loss of the capital invested in, as well as anticipated profits from,
      any property destroyed by such casualty.





**Governmental
      Regulations.** Existing
      and subsequent changes in national, state and local laws and administrative
      regulations and enforcement policies over which the Company has no control
      could
      have an adverse effect on the Company’s business. Worker’s compensation
      requirements and other regulation of wages, hours and working conditions could
      have adverse effects on the Company’s operations. The continued operations are
      dependent upon its ability to comply with local zoning and land use regulations
      which govern the use of buildings and similar matters. The Company believes
      that
      it can obtain the necessary permits to promote the intended business of the
      Company at the sites where it intends to do business, but its ability to obtain
      these permits is dependent upon the discretion of state and/or local officers.
      Moreover, many of these permits may impose restrictive conditions upon the
      business operations of the Company and may be reviewed and revoked at specified
      intervals. No assurance can be given that a future law or regulation applicable
      to the Company’s location will not have an adverse effect upon its ability to
      conduct business. See “Business—Government Regulations; Environmental
      Matters”.










The
      Company is subject to numerous federal, state and local laws and regulations
      that govern the discharge and disposal of wastes, workplace safety and other
      aspects of the Company business. The Company’s operations entail the risk of
      noncompliance with environmental and other government regulations. Environmental
      and other legislation and regulations have changed in recent years and the
      Company cannot predict what, if any, impact future changes may have on the
      Company’s business. Further, environmental legislation has been enacted, and may
      in the future be enacted, that creates liability for past actions that were
      lawful at the time taken. As in the case with manufacturing companies in
      general, if damage to persons or the environment has been caused, or is in
      the
      future caused, by the Company’s use of hazardous solvents or by hazardous
      substances located at the Company’s facilities, the Company may be fined or held
      liable for the cost of remediating such damage. Imposition of such fines or
      the
      incurrence of such liability may have a material adverse effect on the Company’s
      business, financial condition and results of operations.





The
      Company expects to be able to incorporate a substantial majority of the waste
      feedstocks it receives into its manufacturing and reclamation process without
      significant waste disposal problems of its own. However, its current supply
      source are relatively homogeneous and consistent, and there can be no assurance
      that in the future continuing regulations will not adversely affect the
      Company’s operations or require the introduction of costly additional
      manufacturing or waste disposal processes.





The
      Company believes that the demand for its products and technology could be
      decreased if there is a lessening of public concern or governmental pressure
      on
      private industries and municipal authorities to deal with used tire disposal
      problems. Further, the Company believes that a lessening of environmental
      concerns could reduce the rate at which tires are recycled, which ultimately
      could have the effect of increasing the Company’s cost of raw materials for its
      manufacturing operations.





Although
      state legislation currently provides for certain financial incentives and
      procurement preferences for recycled materials, such preferences for materials
      containing shredded tires are dependent upon the eventual promulgation of
      product or performance standard guidelines by state or federal regulatory
      agencies. Such guidelines for recycled rubber materials may not be released
      or,
      if released, the product performance standards required by such guidelines
      may
      be incompatible with the Company’s manufacturing capabilities.





**General
      Economic Conditions.** The
      financial success of the Company’s operations may be sensitive to adverse
      changes in general economic conditions, such as inflation, unemployment, and
      the
      cost of borrowing. These changes could cause the cost of the Company’s
      construction modules to rise faster than it can raise prices. The Company has
      no
      control over any of these changes.





**Indemnification.** The
      Company’s Certificate of Incorporation limits the liability of its directors and
      officer to the Company and its shareholders to the fullest extent permitted
      by
      Nevada law, and provides for indemnification of the directors and officers
      to
      such extent. See “Management-Limited Liability and Indemnification”. The Company
      may also obtain 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 planed business activities of the
      Company. The Board of Directors 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. See “Conflicts of Interest”.





**Non-Arm’s
      Length Transactions.** The
      Company may engage in transactions with its officers, directors and
      shareholders. Such transactions may be considered as not having occurred at
      arm’s length. The Company may do business with such persons in the future, but
      intends to contract with them on the same basis and upon no more favorable
      terms
      than could be obtained from persons not affiliated with the Company. See
“Conflicts of Interest”.









**ITEM
      2.********DESCRIPTION
      OF PROPERTY**





The
      principal executive offices of the Company are located at 1326 SE
      177 th Street,
      Suite 513, Ft. Lauderdale, FL 33316, provided by a stockholder of the Company
      at
      no cost to the Company.





**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**





None.




**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
                Bid2005March
                31, 2005
            
            $
            0.063
            
            $
            0.0192June
                30, 2005
            
            $
            0.065
            
            $
            0.022September
                30, 2005
            
            $
            0.053
            
            $
            0.0305December
                23, 2005
            
            $
            0.036
            
            $
            0.0212006March
                31, 2006
            
            $
            0.02
            
            $
            0.02June
                30, 2006
            
            $
            0.30
            
            $
            0.25September
                30, 2006
            
            $
            0.11
            
            $
            0.11December
                31, 2006
            
            $
            0.14
            
            $
            0.112007March
                31, 2007
            
            $
            0.75
            
            $
            0.26June
                30, 2007
            
            $
            0.50
            
            $
            0.30September
                30, 2007
            
            $
            0.40
            
            $
            0.23December
                31, 2007
            
            $
            0.25
            
            $
            0.06










At
      September 30, 2007, there were approximately 111 holders of record of the
      Company's Common Stock. There are no outstanding options or warrants to purchase
      shares of Common Stock of the Company.





The
      closing price for the Company's Common Stock on January 4, 2008, was $0.36
      per
      share.





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.





**ITEM
      6.** **** **MANAGEMENT’S
      DISCUSSION AND ANALYSIS OR PLAN OF OPERATION**





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 within the meaning of Section
      27A of the Securities Act of 1933 and Section 21E of the Securities Exchange
      Act
      of 1934 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, 2007.





The
      Company was a mining exploration company that held two properties in Mongolia.
      However, the Company spun-off its mining subsidiary and properties to its
      stockholders, and no longer owns any mining properties.





**Results
      of Operations**





Comparison
      of the Years Ended September 30, 2007 and 2006





The
      Company incurred a loss as a result of exploration and development mining
      expenses, and expenses associated with the operations of the Company. The
      Company does not anticipate any revenue in the near future.










During
      its fiscal years ended September 30, 2007 and 2006, the Company had no
      revenues.





For
      the
      year ended September 30, 2007 compared to the year ended September 30, 2006,
      the
      Company had a net loss of $(800,452) to $(118,375), respectively, a576% increase
      in net loss.





General
      and administrative expenses increased 698% to $800,452 during the year ended
      September 30, 2007 as compared to $100,328 for the comparable period in
      2006.





During
      the fiscal year ended September 30, 2007, the Company had a net loss of $(0.14)
      per share, and had a net loss of $(0.02) per share during fiscal
      2006.




**Liquidity
      and Capital Resources**





At
      September 30, 2007, the Company had current assets of $0, working capital
      deficit of $671,693, and had $279,752 of net cash used by operations during
      the
      year ended September 30, 2007.





The
      Company's working capital deficit was $671,693 at
      September 30, 2007, compared to a working capital of $3,759 at September 30,
      2006. The change in the working capital deficit is due to the increase in
      general and administrative expenses.





The
      Company must currently rely on corporate officers, directors and outside
      investors in order to meet its budget. 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.





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 Officers”)
      are responsible for establishing and maintaining disclosure controls and
      procedures for the Company. Such officers have concluded (based upon their
      evaluation of these controls and procedures as a date within 90 days of the
      filing of this report) 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 Officers also have
      indicated that there were no significant changes in the Company 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
      8A(T).**  **CONTROLS AND PROCEDURES**





Not
      applicable





**ITEM
      8B.** **** **OTHER
      INFORMATION**





Not
      applicable







**PART
      III**





**ITEM
      9.** **** **DIRECTORS,
      EXECUTIVE OFFICERS, PROMOTERS, CONTROL PERSONS AND CORPORATE GOVERNANCE;
      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 present directors and officers of the Company as of September 30,
      2007.




Name
            
            Age
            
            PositionsChad
                A. Curtis
            
            31
            
            Chief
                Executive Officer, President
              Treasurer
                and DirectorHon.
                W. Howard Chan
            
            59
            
            DirectorJoseph
                J. Glusic
            
            50
            
            DirectorGov.
                Claude R. Kirk, Jr.
            
            81
            
            DirectorRichard
                F. McMullen
            
            62
            
            DirectorDr.-Ing
                Gunter Mennig
            
            68
            
            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.




W.
      Howard
      Chan was formerly a Judge in the Civil Court and Criminal Court of New York
      and
      a Law Professor developing legal institutions in China since 1978, Judge Chan
      was senior advisor to China's governmental Ministries and agencies engaged
      in
      developing international trade, infrastructure development projects, real estate
      development projects, direct foreign investments and resolving international
      trade, investment & securities disputes. As an international attorney and
      partner at the international law firm Graham & James and associate attorney
      at Haight Gardner Poor & Havens, Judge Chan specialized in international
      commercial, real estate, corporate and financial transactions ranging from
      energy resources development, to real estate development, construction and
      finance, and international transportation development & finance in the
      aviation and maritime fields. Judge Chan was engaged in international
      development of high technology, information technology and internet companies
      in
      China and the U.S. As an entrepreneur, he started companies in wireless telecom,
      assisted living technologies, online trading and securities industries in
      Florida. Judge Chan is a licensed New York Real Estate Broker, a licensed
      Florida Real Estate Salesperson, and a licensed NASD Registered Representative
      Series 7 and Series 63 stockbroker. Judge Chan was certified a Mediator by
      Supreme Court of Florida and is one of the few Americans appointed to China's
      official Arbitration Commission to arbitrate international commercial disputes
      in China. Judge Chan was appointed to NYC Community Planning Board #1 covering
      Lower Manhattan and served many years on the planning and development of Battery
      Park City. Judge Chan founded the Little League Baseball and Youth Soccer League
      Programs at Battery Park City and helped develop the playing fields, waterfront
      & marina recreation areas. Judge Chan graduated with honors from Columbia
      College, B.A. '73 and Columbia Law School, J.D. '76.









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





Former
      Governor Claude R. Kirk, Jr. is a graduate of the Alabama School of Law. In
      1956
      he founded American Heritage Life Insurance Company and became its first
      President. On January 3, 1967 he became the first Republican Governor for the
      State of Florida in over 75 years. During his term as Governor he was responsible
      for the creation of the Florida Department of Environmental Protection. After
      serving his term as Governor, Gov. Kirk continued and still continues to be
      a
      staunch and vocal advocate in favor of environmental reforms. He has, since
      leaving office, been a welcomed advisor to diverse Republican administrations
      on a variety of issues as well as a paid speaker on environmental
      issues.




On
      May
      23, 2006, the board of directors of the Company appointed Richard F. McMullen
      to
      be a director. Mr. McMullen, age 62, founded the law firm of Richard F.
      McMullen, P.C. in 1987. He had been continuously engaged in the private practice
      of law since 1977. He received his Bachelor of Arts degree with majors in
      Chemistry and Math from Baylor University, Waco, Texas in 1967. Richard served
      as a Pilot in the United States Navy from 1967 through 1973. Receiving a Juris
      Doctor from Baylor University, Waco, Texas in 1975, he was admitted to the
      State
      Bar of Texas in 1976; the United States Court of Appeals 5th Circuit in 1976;
      United States Tax Court in 1980; and the United States Supreme Court in 1980.




On
      July
      3, 2007, the board of directors of the Company appointed Dr.-Ing. Gunter Mennig
      to be a director. G. Mennig stems from the South of Germany where he was born
      in
      1939 and where he did his schooling. In 1964 he graduated in Mechanical
      Engineering at the University of Stuttgart (Technische Hochschule Stuttgart)
      where he also obtained a PhD under the guidance of Prof. G. Schenkel. From
      1970
      until 1973 he worked in India as an Associate Professor at the Indian Institute
      of Technology, Madras, establishing Plastics Processing in the Chemical Engineer
      Department. At that time he joined the (then) Plastics Institute, London, and
      served as Vice-Chairman of Madras Centre. After his return to Germany he became
      Head of the Plastics Engineering Section at the German Plastics Institute
      (Deutsches Kunststoff-Institut, DKI) in Darmstadt and later it's Deputy
      Director. In addition he was a professor at the University of Darmstadt. In
      1994
      he took the chair of Plastics Processing at the University of Chemnitz
      (Technische Universitat Chemnitz), where he also served as Dean of Study
      Affaires of the Faculty of Mechanical Engineering. After formal retirement
      he
      continues as a member of the working group on plastics engineering on a regular
      employment base with Chemnitz University of Technology.  In 1973, Dr.-Ing.
      Gunter Mennig was given the award for *"Best
      publication in Plastics & Polymers"* by
      Plastics and Rubber Institute (PRI), London. He is a member of a number of
      professional societies and was until 1996 one of the two national examiners
      in
      the field of plastics for the Deutsche Forschungsgemeinschaft (DFG). He has
      published more than 200 research papers in national and international
      journals/proceedings and is the editor of the books *"Wear
      in Plastics Processing"* and *"Mold
      Making Handbook"* ,
      both of
      which have been published in English and German and the latter one recently
      in
      China in Mandarin. In addition he has guided about 25 PhDs and was involved
      in
      another 30 as an external examiner.









**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 not 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 three fiscal years ended September 30, 2007.




Name
                andPrincipalPosition
            
            Fiscal
                Year
              Ended
              September
                30
            
            Salary
            
            Bonus
            
            Options
            
            All
                Other
              CompensationChad
                A. Curtis
            
            
            2007
            
            $
            333,000
            
            $
            0
            
            $
            0
            
            $
            0President
                and Chief
            
            
            2006
            
            $
            0
            
            $
            0
            
            $
            0
            
            $
            0Executive
                Officer
            
            
            2005
            
            $
            0
            
            $
            0
            
            $
            0
            
            $
            0Xuguang
                Sun (1)
            
            
            2007
            
            $
            0
            
            $
            0
            
            $
            0
            
            $
            0President
                and Chief
            
            
            2006
            
            $
            0
            
            $
            0
            
            $
            0
            
            $
            0Executive
                Officer
            
            
            2005
            
            $
            0
            
            $
            0
            
            $
            0
            
            $
            0Shaojun
                Sun (1)(2)
            
            
            2007
            
            $
            0
            
            $
            0
            
            $
            0Vice
                President and
            
            
            2006
            
            $
            0
            
            $
            0
            
            $
            0
            
            $
            30,000Chief
                Financial Officer
            
            
            2005
            
            $
            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.










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 September 30, 2007, the number and percentage
      of the outstanding shares of capital 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 ClassChad
                A. Curtis
            
            
            200,000,000
            (1)
            
            97.19
            %595
                Stewart AvenueGarden
                City, NY 11530Cede
                & Co.
            
            
            5,308,635
            
            
            91.8
            %P.O.Box
                222, Bowling Green StationNew
                York, NY 10274Joseph
                J. Glusic
            
            
            303,333
            
            
            5.2
            %9089
                S. Pecos Road, Suite 3400Henderson,
                NV 89074All
                executive officers anddirectors
                as a group (3 persons)
            
            
            200,000,000
            (1)
            
            97.19
            %








(1)
      Represents the voting beneficial ownership of 200,000,000 shares of Common
      Stock
      of the Company created by the voting power of his 10,000,000 shares of Preferred
      Stock of the Company.  Each share of Preferred Stock entitles the holder to
      the equivalent of 20 voting shares of Common Stock.





The
      stock
      transfer agent of the Company is Holladay Stock Transfer, Inc., 2939 N.
      67 th Place,
      Scottsdale, AZ 85251; telephone number (480) 481-3941.











**ITEM
      12.** **** **CERTAIN
      RELATIONSHIPS AND RELATED TRANSACTIONS, AND DIRECTORS
      INDEPENDENCE**





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.





**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.




(3)(iv)
            Certificate
                of Amendment to Articles of Incorporation of the Company filed on
                October
                21, 2003.




(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.





31.1
            Certification
                of Chief Executive Officer of Periodic Report pursuant to Rule 13a-14a
                and
                Rule 15d-14(a).





31.2
            Certification
                of Principal Financial Officer of Periodic Report pursuant to Rule
                13a-14a
                and Rule 15d-14(a).





32.1
            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, 2007 and 2006 are as follows:




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, 2007
            
            $
            25,322
            
            $
            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.





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.




**INDEX
      TO EXHIBITS**




Exhibit
              Number
            
            Description31
            
            Certification
                of Joseph J. Glusic32
            
            Certification
                of Joseph J. Glusic







**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 Development Stage Company) as of September 30, 2007, 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, 2007, 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 1
            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 1. The financial statements do not
            include
            any adjustments that might result from the outcome of this uncertainty.
  December
            26, 2007
 Oklahoma
            City, Oklahoma
  Murrell,
                      Hall, McIntosh & Co., PLLP • Certified Public Accountants
                    2601N.W.
                      Expressway Suite700E•
                      Oklahoma City, OK73112•405.842.4420•F.405.842.3776•www.mhmcpa.com
                  footer
  
  **MAGNUM
          D'OR RESOURCES INC.**
 **(A
            DEVELOPMENTAL STAGE COMPANY)**
 **CONSOLIDATED
              BALANCE SHEET**
 **SEPTEMBER
                30, 2007**
 **ASSETS:****Current
                    assets:**
                
                
                -Total
                    current assets
                
                
                -**TOTAL
                    ASSETS**
                
                $
                -**LIABILITIES
                    AND STOCKHOLDERS' DEFICIT:****Current
                    liabilities:**Cash
                    overdraft
                
                
                143Accounts
                    payable
                
                
                416,520Accrued
                    interest
                
                
                13,385Advance
                    from company officers
                
                
                32,995Notes
                    Payable, net discount of $41,350
                
                
                208,650Total
                    current liabilities
                
                
                671,693**TOTAL
                    LIABILITIES**
                
                
                671,693**Stockholders'
                    Deficit:**Preferred
                      Stock, $.0001 par value; 10,000,000 shares authorized, 10,000,000
                      issued
                      and outstanding at September 30, 2007
                
                
                10,000Common
                      Stock, $.001 par value; 200,000,000 shares authorized, 5,785,090
                      issued
                      and outstanding at September 30, 2007
                
                
                5,785Additional
                    paid-in capital
                
                
                5,267,949Accumulated
                    deficit
                
                
                (5,955,427
                )Total
                    Stockholders' Deficit
                
                
                (671,693
                )**TOTAL
                    LIABILITIES AND STOCKHOLDERS' DEFICIT**
                
                $
                -
  
  **MAGNUM
        D'OR RESOURCES, INC.**
 **(A
        DEVELOPMENTAL STAGE COMPANY)**
 **CONSOLIDATED
        STATEMENT OF OPERATIONS**
 **FOR
        THE YEARS ENDED SEPTEMBER 30, 2007 AND 2006**
  September
                  3, 1999 (Inception) toFor
                  the year ended
              
              September
                  30,September
                  30,
              
              20072007
              
              2006
              
              (Unaudited)**Revenue:****Total
                  Revenue**
              
              $
              -
              
              $
              -
              
              $
              6,153**Expenses:**General
                  and administrative expenses
              
              
              800,452
              
              
              100,328
              
              
              3,604,288Depreciation
              
              
              -
              
              
              28
              
              
              31,508**Total
                  Operating Expenses**
              
              
              800,452
              
              
              100,356
              
              
              3,635,796**Loss
                  from Operations before unusual items**
              
              
              (800,452
              )
              
              (100,356
              )
              
              (3,629,643
              )**Other
                  Income (Expense)**Gain
                  from spin off of subsidiary
              
              
              -
              
              
              -
              
              
              615,840Gain
                  (loss) on settlement of debt
              
              
              -
              
              
              -
              
              
              132,301**Loss
                  before discontinued operations**
              
              
              (800,452
              )
              
              (100,356
              )
              
              (2,881,502
              )**Net
                  loss from discontinued operations**
              
              
              -
              
              
              (18,019
              )
              
              (3,073,925
              )**Net
                  loss before Income Taxes**
              
              
              -
              
              
              -
              
              
              -**Net
                  loss**
              
              $
              (800,452
              )
              $
              (118,375
              )
              
              (5,955,427
              )**Net
                  loss per Common Share - Basic and Diluted**
              
              $
              (0.14
              )
              $
              (0.02
              )**Per
                  Share Information:**Weighted
                  Average Number of Common StockShares
                  Outstanding - Basic and Diluted
              
              
              5,785,090
              
              
              5,116,708
  
 **MAGNUM
          D'OR RESOURCES INC.**
 **(A
          DEVELOPMENTAL STAGE COMPANY)**
 **CONSOLIDATED
          STATEMENTS OF CASH FLOWS**
 **FOR
            THE YEARS ENDED SEPTEMBER 30, 2007 AND 2006**
 September
                    3, 1999 (Inception) toSeptember
                    30,September
                    2007
                
                20072007
                
                2006
                
                (Unaudited)**Cash
                    Flows from Operating Activities:**Net
                    Loss
                
                $
                (800,452
                )
                $
                (118,375
                )
                
                (5,955,427
                )Adjustments
                    to reconcile net loss to net cash used in operating
                    activities:Stocks
                    issued for services and expenses
                
                
                -
                
                
                39,429
                
                
                3,565,990Depreciation
                
                
                -
                
                
                28
                
                
                31,334Amortization
                    of loan discount
                
                
                83,650
                
                
                -
                
                
                83,650Loss
                    on sale of software license
                
                
                -
                
                
                -
                
                
                54,200Gain
                    on settlement of debt
                
                
                
                
                
                -
                
                
                119,590Foreign
                    exchange adjustment
                
                
                -
                
                
                -
                
                
                28Adjustments
                    to reconcile net loss to cash used inoperating
                    activities:(Increase)
                    decrease in prepaid expenses
                
                
                7,145
                
                
                (7,145
                )
                
                (1,315
                )Increase
                    (decrease) in accounts payable
                
                
                416,520
                
                
                (39,251
                )
                
                416,520Increase
                    (decrease) in accrued liabilities
                
                
                13,385
                
                
                -
                
                
                13,385Net
                    Cash Flows Used by Operations
                
                
                (279,752
                )
                
                (125,314
                )
                
                (1,672,045
                )**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
                
                
                29,609
                
                
                125,033
                
                
                154,642Proceeds
                    from notes payable
                
                
                250,000
                
                
                
                
                
                1,255,400Net
                    Cash Flows Provided by Financing Activities
                
                
                279,609
                
                
                125,033
                
                
                1,672,483Net
                    decrease in Cash
                
                
                (143
                )
                
                (281
                )
                
                (143
                )**Cash
                    and cash equivalents and cash overdraft - Beginning of
                    period**
                
                
                -
                
                
                281
                
                
                -**Cash
                    and cash equivalents and cash overdraft - End of
                    period**
                
                
                (143
                )
                
                -
                
                
                (143
                )**SUPPLEMENTARY
                    INFORMATION**Interest
                    Paid
                
                
                -
                
                
                944
                
                
                3,979Taxes
                    Paid
                
                
                
                
                
                -**NON-CASH
                    TRANSACTIONS**Common
                    stock issued in exchange for services
                
                
                -
                
                
                39,429
                
                
                3,615,990Common
                    stock issued for debt settlement
                
                
                -
                
                
                81,669
                
                
                1,326,249
  
  **MAGNUM
          D'OR RESOURCES INC.**
 **(A
          DEVELOPMENTAL STAGE COMPANY)**
 **CONSOLIDATED
          STATEMENT OF STOCKHOLDERS' EQUITY**
 **FOR
          THE YEARS ENDED SEPTEMBER 30, 2006 AND 2007**
  TotalCommon
                    stock
                
                Preferred
                    Stock
                
                Additional
                    paid-In
                
                Accumulated
                
                Shareholders'
                    EquityShares
                
                Amount
                
                Shares
                
                Amount
                
                capital
                
                Deficit
                
                (Deficit)Inception
                    - 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
                
                
                -
                
                
                82,178-
                
                
                -
                
                
                -
                
                
                -
                
                
                -
                
                
                (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
                
                
                2,000,000
                
                
                2,000
                
                
                7,000,000
                
                
                7,000
                
                
                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
                
                
                3,399,809
                
                
                3,400
                
                
                7,000,000
                
                
                7,000
                
                
                2,383,735
                
                
                (2,962,363
                )
                
                (568,228
                )Issuance
                    of stock for debt settlement
                
                
                488,458
                
                
                489
                
                
                3,000,000
                
                
                3,000
                
                
                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
                
                
                4,991,684
                
                
                4,992
                
                
                10,000,000
                
                
                10,000
                
                
                4,982,666
                
                
                (5,036,600
                )
                
                (38,942
                )Conv.to
                    payable to addl paid in capital
                
                
                -
                
                
                -
                
                
                -
                
                
                -
                
                
                39,251
                
                
                -
                
                
                39,251Issuance
                    of stk as result of reverse stk split
                
                
                65,560
                
                
                66
                
                
                -
                
                
                -
                
                
                (66
                )
                
                -
                
                
                -Issuance
                    of stk for debt settlement
                
                
                483,482
                
                
                483
                
                
                -
                
                
                -
                
                
                81,669
                
                
                -
                
                
                82,152Issuance
                    of stk for compensation
                
                
                244,364
                
                
                244
                
                
                -
                
                
                -
                
                
                39,429
                
                
                -
                
                
                39,673Net
                    Income (Loss)
                
                
                -
                
                
                -
                
                
                -
                
                
                -
                
                
                -
                
                
                (118,375
                )
                
                (118,375
                )Balance,
                    September 30, 2006
                
                
                5,785,090
                
                
                5,785
                
                
                10,000,000
                
                
                10,000
                
                
                5,142,949
                
                
                (5,154,975
                )
                
                3,759Value
                    of conversion preferences on convertible note
                
                
                -
                
                
                -
                
                
                -
                
                
                -
                
                
                125,000
                
                
                -
                
                
                125,000Net
                    Income (Loss)
                
                
                -
                
                
                -
                
                
                -
                
                
                -
                
                
                -
                
                
                (800,452
                )
                
                (800,452
                )Balance,
                    September 30, 2007
                
                
                5,785,090
                
                $
                5,785
                
                
                10,000,000
                
                $
                10,000
                
                $
                5,267,949
                
                $
                (5,955,427
                )
                
                (671,693
                )
  
  **MAGNUM
        D'OR RESOURCES INC.**
 **(A
        DEVELOPMENTAL STAGE COMPANY)**
 **NOTES
        TO THE CONSOLIDATED FINANCIAL STATEMENTS**
 **SEPTEMBER
        30, 2007**
 
 **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 junior mining resources
        company that has focused on exploration and advancement of premium base and
        precious metals in Mongolia. Currently,
        the Company has two properties in Mongolia whereon it has earned 100% of
        the
        mineral rights and has the option 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.
 
 During
        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.
 
 During
        December 2006, the Company formed Oriental Magnum, Inc. (“Oriental”), which
        became a wholly-owned subsidiary of Sunrise Mining Corporation. Subsequent
        to
        Oriental’s incorporation, the Company transferred the titles of both the Khul
        Morit license and the Shandi license to the name of Oriental in January 2007.
 
 On
        February 14, 2007, the Company filed a preliminary information statement
        to
        start the spin-off of Sunrise Mining Corporation. The spin-off of Sunrise
        Mining
        Corporation has not been completed as of the date of this filing.
 
 The
        accompanying financial statements included herein have been prepared in
        conformity with generally accepted accounting principles, which contemplate
        continuation of the Company as a going concern. However, the Company has
        sustained net losses of $5,955,427 since inception. At September 30, 2007
        total
        liabilities exceeded total assets by $671,693. The ability of the Company
        to
        continue as a going concern is dependent upon its ability to attain additional
        capital to develop its resource properties and ultimately, upon its ability
        to
        attain future profitable operations. There can be no assurance that the Company
        will be successful in obtaining such financing, or that it will attain positive
        cash flow from operations.
 
 **Note
        2 - Summary of Significant Accounting Policies**
 
 **Basis
        of Presentation- Developmental Stage 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
“Developmental Stage Company” as set forth in Financial Accounting Standards
        Board Statement No. 7 (“SAFS 7”). Among the disclosures required by SFAS 7 are
        that the Company’s financial statements be identified as those of a
        developmental stage 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.
  
  **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 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 has adopted FASB Statement No. 109, “Accounting for Income Taxes”, which
        requires, among other things, a liability approach to calculating deferred
        income taxes. The objective is to measure a deferred income tax liability
        or
        asset using the tax rates expected to apply to taxable income in periods
        in
        which the deferred income tax liability or asset is expected to be settled
        or
        realized. Any resulting net deferred income tax assets should be reduced
        by a
        valuation allowance sufficient to reduce such assets to the amount that is
        more
        likely than not to be realized.
 
 *In
        2006, the Financial Accounting Standards Board (FASB) issued FIN 48, which
        clarifies the application of SFAS 109 by defining a criterion that an individual
        income tax position must meet for any part of the benefit of that position
        to be
        recognized in an enterprise’s financial statements and provides guidance on
        measurement, derecognition, classification, accounting for interest and
        penalties, accounting in interim periods, disclosure and transition. In
        accordance with the transition provisions, the company adopted FIN 48 effective
        January 1, 2007.*
 
 *Based
        on all known facts and circumstances and current tax law, the Company believes
        that the total amount of unrecognized tax benefits as of September 30, 2007,
        is
        not material to its results of operations, financial condition or cash flows.
        The Company also believes that the total amount of unrecognized tax benefits
        as
        of September 30, 2007, if recognized, would not have a material effect on
        its
        effective tax rate. The Company further believes that there are no tax positions
        for which it is reasonably possible, based on current tax law and policy,
        that
        the unrecognized tax benefits will significantly increase or decrease over
        the
        next 12 months producing, individually or in the aggregate, a material effect
        on
        the Company’s results of operations, financial condition or cash
        flows.*
  
  **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 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.
 
 **Recent
        Accounting Pronouncements**
 
 In
        December 2004, the Financial Accounting Standards Board (FASB) issued Statement
        of Financial Accounting Standards (SFAS) No. 123(R), “Share-Based Payment”. SFAS
        123(R) replaces SFAS No. 123, “Accounting for Stock-Based Compensation”, and
        supersedes Accounting Principles Board (APB) Opinion No. 25, “Accounting for
        Stock Issued to Employees”. Effective January 1, 2006, the Company adopted
        Statement of Financial Accounting Standard No. 123(R), “Share-Based Payment”,
        (“SFAS No. 123(R)”), using the modified prospective transition method. SFAS No.
        123(R) requires equity-classified share-based payments to employees, including
        grants of employee stock options, to be valued at fair value on the date
        of
        grant and to be expensed over the applicable vesting period. Under the modified
        prospective transition method, share-based awards granted or modified on
        or
        after January 1, 2006, are recognized in compensation expense over the
        applicable vesting period. Also, any previously granted awards that are not
        fully bested as of January 1, 2006 are recognized as compensation expense
        over
        the remaining vesting period. No retroactive or cumulative effect adjustments
        were required upon the Company’s adoption of SFAS No. 123(R) as the Company had
        no outstanding share awards as of the date of adoption.
 
 In
        July
        2006, the FASB released FASB Interpretation No. 48, “Accounting for Uncertainty
        in Income Taxes- an Interpretation of FASB Statement 109”, “Accounting for
        Income Taxes” (“FIN 48”). FIN 48 prescribes a comprehensive model for how a
        company should recognize, measure, present, and disclose in its financial
        statements uncertain tax positions that a company has taken or expects to
        take
        on a tax return. FIN 48 is effective as of the beginning of fiscal years
        that
        start after December 15, 2006. The Company does not expect its implementation
        to
        be material to its financial statements.
 
 In
        September 2006, the Securities and Exchange Commission (“SEC”) issued Staff
        Accounting Bulletin No. 108 (“SAB 108”). Due to diversity in practice among
        registrants, SAB 108 expresses SEC staff views regarding the process by which
        misstatements in financial statements are evaluated for purposes for determining
        whether financial statement restatement is necessary. SAB 108 is effective
        for
        fiscal years ending after November 15, 2006, and early application is
        encouraged. The adoption of SAB 108 had no impact on the Company’s results from
        operations or financial position.
 
 In
        September 2006, the FASB issued SFAS No. 157, “Fair Value Measurements” (“SFAS
        157”). SFAS No. 157 defines fair value, establishes a framework for measuring
        fair value in accordance with generally accepted accounting principles, and
        expands disclosures about fair value measurements. This statement does not
        require any new fair value measurements; rather, it applies under other
        accounting pronouncements that require or permit fair value measurements.
        The
        provisions of this statement are to be applied prospectively as of the beginning
        of the fiscal year in which this statement is initially applied, with any
        transition adjustment recognized as a cumulative-effect adjustment to the
        opening balance of retained earnings. The provision of SFAS 157 are effective
        for the fiscal years beginning after November 15, 2007. Therefore, we anticipate
        adopting this standard as of October 1, 2008. Management has not determined
        the
        effect, if any, the adoption of this statement will have on our financial
        condition or results of operations.
 
 
  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 123(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.
 
 In
        February 2007, the FASB issued Statement No. 159, “The Fair Value Option for
        Financial Assets and Financial Liabilities” (“SFAS 159”). This statement permits
        companies to choose to measure many financial assets and liabilities at fair
        value. Unrealized gains and losses on items for which the fair value option
        has
        been elected are reported in earnings. SFAS 159 is effective for fiscal years
        beginning after November 15, 2007. The company is currently assessing the
        impact
        of SFAS 159 on its consolidated financial statements.
 
 **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 since inception.
 
 Deferred
        income taxes reflect the net tax effects of temporary differences between
        the
        carrying amounts of assets and liabilities for financial reporting purposes
        and
        the amounts used for income tax purposes. Significant components of deferred
        tax
        assets are as follows:
  **Deferred tax assets**
 
 Net
                  operating loss carryforwards
              
              $
              2,263,000Valuation
                  allowance for deferred tax assets
              
              
              (2,263,000
              )**Net
                  deferred tax assets**
              
              $
              -
  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, 2007, the
        Company had net operating loss carryforwards of approximately $5,957,407
        for
        federal and state income tax purposes. These carry-forwards, if not utilized
        to
        offset taxable income, begin to expire in 2016. 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.
 
 **Note
        4 - Related Party Transactions**
 
 During
        the year Mr. Xuguang Sun and Mr. Shaojun Sun, former directors and officers
        of
        the Company, have advanced $37,874 to pay all expenses for the spin-off of
        Sunrise Mining Corporation and costs incurred to change the titles of the
        Khul
        Morit and Shandi licenses to the name of Oriental Magnum Inc. These advances
        are
        unsecured, non-interest bearing and have no fixed terms of
        repayment.
 
 
 
 **Note
        5 - Share Capital**
 
 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. The Company has two classes of stock as follows:
  (A)
        Non-assessable Common Stock: One Hundred Ninety Million (190,000,000) shares
        of
        Common Stock, par value $0.001 per share and
  (B)
        Preferred Stock: Ten Million (10,000,000) share of Preferred Stock, par value
        $0.001 per share
  The
        Common Shares have one (1) vote per share. The Preferred shares shall have
        twenty (20) votes per share. The Preferred shares are not convertible into
        common shares.
 
 On
        January 24, 2007, the Company announced that it plans to spin-off its wholly
        owned subsidiary, Sunrise Mining Corporation, to its common stockholders
        of
        record at the close of business on January 23, 2007, in such manner that
        such
        stockholders shall own the same percentage of the common stock of the
        Corporation. The Company has previously approved the issuance of all
        non-convertible voting preferred stock of Sunrise Mining Corporation to Sunrise
        Lighting Holding Limited in such manner that is comparable to the number
        of
        shares of preferred stock in the Corporation, with substantially similar
        rights
        and obligations.
 
 The
        officers of the Corporation are hereby authorized to file such registration
        statements and other documents with the U.S. Securities and Exchange Commission
        and any other filing deemed necessary and appropriate to achieve the
        spin-off.
 
 Once
        the
        spin-off of Sunrise Mining Corporation is completed, the Company will cancel
        all
        the 100,000 outstanding Common Stock of Sunrise Mining Corporation that it
        currently owns and distribute 5,789,090 shares of Common Stock of Sunrise
        Mining
        Corporation to the Company’s common shareholders of record as of the business
        close on January 23, 2007 on a pro-rata basis. The Distribution would be
        paid to
        Pacific Stock Transfer as depository agent for Sunrise's shareholders. Following
        the disbursement of the Sunrise shares, Sunrise intends to make available
        information that will allow a broker to file a Form 15c2-11 to post a quotation
        and obtain a trading symbol for the shares of Sunrise on the OTC BB. The
        Sunrise
        shares distributed as part of the Distribution will be freely tradable, subject
        to certain restrictions applicable to insiders and affiliates, once the Form
        10-SB of Sunrise has become effective and all comments of the SEC have been
        cleared.
 
 On
        March
        22, 2007, Sunrise
        Mining Corporation, a wholly owned subsidiary of the Company, filed the Form
        10
        - SB registration statement with the U.S. Securities and Exchange Commission.
        The spin off of Sunrise Mining Corporation did not take place until November
        8,
        2007, thus the September 30, 2007 financial statements include the activities
        of
        Sunrise Mining Corporation and its two wholly owned subsidiaries.
  **Note
        6 - Note Payable**
 
 On
        January 12, 2007, the Company signed a $50,000 convertible promissory note
        with
        an individual named Edward
        L.
        Rucinski with
        interest payable semi-annually at the rate of 8% per annum.  This note
        matures on January 31, 2008.  Upon the election of the holder, the
        principal amount of the Note, or any portion thereof that is an integral
        multiple of $10,000, can be converted into fully paid and non-assessable
        whole
        shares of common stock at a conversion price per share that is equal to the
        average closing bid price of the common stock during the five consecutive
        trading days immediately preceding the date the holder completes the conversion
        requirements, discounted by 50%.  This note is subject to redemption at the
        option of the Company, in whole or in part, in any integral multiple of $10,000,
        upon notice.  If redeemed prior to due date, the outstanding principal
        balance and any accrued interest are subject to early redemption
        penalties.
  
  On
        January 29, 2007, the Company signed a $100,000 convertible promissory note
        with
        a company named “A Perfect Time For A Change, Inc.” with interest payable
        semi-annually at the rate of 8% per annum.  This note matures on January
        31, 2008.  Upon the election of the holder, the principal amount of the
        Note, or any portion thereof that is an integral multiple of $10,000, can
        be
        converted into fully paid and non-assessable whole shares of common stock
        at a
        conversion price per share that is equal to the average closing bid price
        of the
        common stock during the five consecutive trading days immediately preceding
        the
        date the holder completes the conversion requirements, discounted by 50%. 
This note is subject to redemption at the option of the Company, in whole
        or in
        part, in any integral multiple of $10,000, upon notice.  If redeemed prior
        to due date, the outstanding principal balance and any accrued interest are
        subject to early redemption penalties.
  On
        February 17, 2007, the Company signed a $100,000 convertible promissory note
        with a company named “A Perfect Time For A Change, Inc.” with interest payable
        semi-annually at the rate of 8% per annum.  This note matures on January
        31, 2008.  Upon the election of the holder, the principal amount of the
        Note, or any portion thereof that is an integral multiple of $10,000, can
        be
        converted into fully paid and non-assessable whole shares of common stock
        at a
        conversion price per share that is equal to the average closing bid price
        of the
        common stock during the five consecutive trading days immediately preceding
        the
        date the holder completes the conversion requirements, discounted by 50%. 
This note is subject to redemption at the option of the Company, in whole
        or in
        part, in any integral multiple of $10,000, upon notice.  If redeemed prior
        to due date, the outstanding principal balance and any accrued interest are
        subject to early redemption penalties.
 
 Included
        in the general and administrative expense is $97,035 in interest expense
        for the
        year ended September 30, 2007.
 
 The
        proceeds from these loans were used for general working capital.
 
 **Note
        7 - Discontinued Operations**
 
 On
        December 19, 2006, the Company’s board of directors approved the spin off of
        Sunrise Mining Company and its two wholly owned subsidiaries, Khul Morit
        and
        Shandi, to the Company’s shareholders of record as of January 23, 2007. This
        spin off did not occur until November 8, 2007. As of September 30, 2007 all
        expenses associated with the mining operations were reclassified as losses
        from
        discontinued operations for financial reporting purposes.
 
 **Note
        8 - Subsequent Events**
 
 On
        November 8, 2007, the spin off of Sunrise Mining Company and its two wholly
        owned subsidiaries, Khul Morit and Shandi, was complete. The spin off resulted
        in the gain of approximately $70,000 for financial reporting
        purposes.





**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:
                January 11, 2008
            
            
            /s/ 
                Joseph J. GlusicJoseph
                J. Glusic, Chief Executive Officer,
              President,
                  Treasurer, Principal Accounting and Financial
                Officer,
                  and Director


Dated:
                January 11, 2008
            
            
            /s/Hon.
                  W. Howard ChanHon.
                  W. Howard Chan, Director


Dated:
                January 11, 2008
            
            
            /s/ Dr.-Ing.
                Gunter MennigDr.-Ing.
                Gunter Mennig, Director


Dated:
                January 11, 2008
            
            
            /s/ Richard
                F. McMullenRichard
                F. McMullen, DirectorDated:
                January 11, 2008
            
            
            /s/
                Gov. Claude R. Kirk, Jr.Gov.
                Claude R. Kirk, Jr., Director