for more information about stanelco click on the links.

driver's research page link
http://www.moneyam.com/InvestorsRoom/posts.php?tid=7681#lastread
website link
http://www.stanelco.co.uk/index.htm

just realised....oi , tonyrelaxes, you twat!! i wanted 10k.

PM, bosley LOL!!!!

I hope your right PM :-)

morning all. very quiet today.

Morning bos. If you think this is quiet you should be in on PCM where 1.20 worth of shares was bought earlier and 1.10 worth has just been sold. What a cut-throat, crazy, big business world that is in.
Alan

wow!! big money changing hands!!!

Now, now bos. You may think that is small fry, but it is large proportion of the value of a company I am invested in. I am seriosely thinking of making a bid for the entire issued share capital and taking it private, if anyone can change this 20 note for me!!
IMHO though, I fancy PCM as a multi bagger for the not too distant, but that is for another thread.
Alan

alan, driver says so too. unfortunately i have a major problem with pcm from the good old tech boom days. i bought at 16p. still holding, waiting.........

Al, stop ramping PCM, have you had a look at ERT (Postman Pat) to you.

The agreement with Elwood Packaging Inc is initially for 18 months but is dependent upon Elwood achieving and maintaining certain levels of sales, Stanelco said.
Perhaps the same type of deal should have been done with ASDA.

Could it be that the ASDA deal is going slower re conversions etc than expected hence SEO may have learned a lesson. Still a great beleiver re the ASDA deal but looking at the early part of 2006. Similar comment may have been previously posted but just returned from hols so catching up.

Hindsight is a wonderful thing.

Greekman

I read it that Elwood have 18 months exclusivity CERTAIN. It is periods after that that is dependant on having achieved sales.

ASDA had only 12 months - END of exclusivity.

This then permits Grenseal to be sold elsewhere, complementing/increasing the numbers of users paying Fees as well as allowing existing machines to be used for other retailers products. I do not see more than one manufacturer or distributor being needed for Frogpack in a given territory.

Tonyrelaxes

I read it different to you although it would be nice to get a bit more info,IE a bit more meat on the bone so to speak. The extract below is from the initial announcement, it appears to me that the exclusive period only depends on the level of sales and not the period following. I agree re your comments re ASDA and the comment re only one distributor in any given territory.

Quote.
The duration of the exclusive period, initially 18 months, is dependent upon
Elwood achieving and maintaining certain levels of sales.

I read it the way Tonyrelaxes - 18 months to start definite and any extension thereafter dependent on successful sales levels being achieved. No way would Elwood expose themselves to having the rug pulled any time SEO fancied withut a minimum period.

The lesson learned from ASDA may be that 12 months is not long enough to "turn" the market.

sd

"The duration of the exclusive period, initially 18 months, is dependent upon
Elwood achieving and maintaining certain levels of sales."

"is dependent upon" refers back to the "exclusive period", therefore greekman is correct.

"maintaining certain levels" applies to the 18 months and not some unspecified future.

Still think i am right. Can't see how any minimum sales level would require to be implimented or mentioned re any period after the initial 18 months. We may have to agree to differ untill clarification is forthcoming.

Greekman,

You are absolutely right. Only a lunatic would give another company exclusivity without that company having to buy a certain amount during the exclusivity period. Don't buy enough and the exclusivity becomes void.

greekman is correct. if elwood do not achieve and maintain set figures within that 18 month period seo can back out. someone did mention , but this hasn't been confirmed by seo ( i think), that there is a similar clause in the asda exclusivity deal. if this is so, shouldn't seo be taking a look at it? i mean, asda are hardly sticking to their end of the bargain.

I would interpret it as Greekman's leverage, but Tonyrelaxes' result, as follows:-

During the initial fixed exclusive period of 18 months, Elwood have to achieve sufficient sales in order for SEO to extend the period of exclusivity thereafter.

Elwood would not allow itself to be hostage to no guaranteed period of exclusivity, with SEO saying at any time after commencement (1 day, 1 week, 1 month?) sorry, mate, think we'll call it a day.

The use of English, in the context of normal commercial practice, is pretty clear IMHO.

What does it matter, anyway - the facts of the case won't change for us arguing about it. One side or the other being right won't change the SP one jot.

sd

NielsJensen.

You said it. Just a thought is your username re the Jensen part an indication of the car you intend to buy when SEO realy come good..

Fair point Bosley, but we don't know Asda are not sticking to the deal in my opinion...unless you are expecting an announcement on every machine etc, which I am not.

stockdog.

No problem. I only put my views as always. Don't mind a good debate, would not consider it an argument. No knowing which way it may go after the 18 months although I would think ( again just an opinion ) that an extension re exclusiveness is doubtful. Agree totally its not going to alter the SP.