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

Without wishing to be negative, are we talking UK or US billion. I guess US. In that case really saying 150 million trays not 1500 million trays. Say they pay us 1 cent per tray which is very unlikley, that is 1.5million dollars or 900,000.

Is my maths correct??

Still holding since 3p

Amongst McDonald's suppliers we have Kraft, Con Agra Foods and Tennessee Bun Company, who last year were awarded a new $20m contract by McD, as a result of which they took on another 100 employees and spent $6.5m extending their manufacturing space. Lots of people to pack lots of stuff into lovely Starpol type packaging!
kim

edit

There was also a historical difference between billions, trillions, and so forth. Americans use "billion" to mean one thousand million (1,000,000,000), whereas in the UK, until the latter part of the 20th century, it was almost exclusively used to mean one million million (1,000,000,000,000), with one thousand million sometimes described as a "milliard", the definition adopted by most other European languages. However, the "American English" version has since been adopted for all published writing, and the word "milliard" is obsolete in English, as are billiard (but not billiards), trilliard and so on.
Nevertheless, the majority of people have no direct experience with manipulating numbers this large, so a significant proportion of international readers will interpret "billion" as 1012, even if they are young enough to have been taught otherwise at school. For this reason, defining the word may be advisable when writing for the general public. However, all major British publications and broadcasters, including the BBC, which long used "thousand million" to avoid ambiguity, now use "billion" to mean thousand million.

Um, does this add confusion?
kim

I have dipped me toe today gents.
Interesting debates would be nice to see
some good news in the next 6 months.
Ted

yes alan but do we mean 150 million trays or 1500 million trays, cos using my generous 1 cent per tray royalty that is 1.5 million us or 15 million us or 900k sterling or 9 million sterling.
sorry seen you have edited

Barney.
If you work from the tonnage and 50gm trays it works out at 1500 million.
Alan

Barney, I will add to my list of questions to SEO how they interpret 'billion'. I'm still waiting for a phone call from them!
kim

Just to explain.
50gm per tray.
20 trays per kilo
1000 kilos per tonne
20000 trays per tonne
75000 tonnes = 1500 million trays.
Alan

Alan, I agree with that.
kim

Ted1
Welcome aboard, good luck with your investment.
kim

Barney,

Don't think the UK/US billion matters, its the Tonnage of starpol which is key {~75,000 tonnes @ ~$2,000 per tonne} now was that a US ton or a UK tonne???

Metric tonne. All the notes these days are in metric. thats why the trays are measured in grammes (50) not ounces (2).
Alan

Tongue firmly in cheek alan!

Is that a UK tongue or a US tung???

:-D

The major plus seems to be that this is licence revenue and therefore goes, more or less, through to bottom line. That appears to be major advantage of SEO licensing model. Hope we might get some clarification from evolution.
Eric

Yea, we always seem to be waiting for clarification of something or other with SEO - I'm not going to be put off though.
kim

cheers all, think that is sorted, bu would be handy to ask seo Kim

If they read this BB they will be trying to pencil a couple of hours in their diary to answer my list!
kim