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

I Believe Sylvia Leavey has probably received several queries re: the number of machines converted, so anyone who cares to request clarification will get the same response!

The situation with SEO has started to remind me of a solicitor friend of mine.
Bear with me, it's a long story.
One day we were discussing how we select staff at interview stage. He told me the most important question he asked was the first one. He always asked "To make a rabbit pie, what is the first thing you must do"?
He argued that the most difficult thing in making a rabbit pie was catching a rabbit and so he wanted to hear the answer "catch a rabbit". He considered any other answer to be prevaricating, and signalled a potential employee who would spend months if necessary, creating a system then wondering where the hell to find clients. He wanted staff who would find the client and then worry about how the hell to process them and make some money.
When I sat and thought about his, there is quite a lot to be said for his approach to recruitment. Even the most fantastic business in the world has one thing it finds difficult. And that is finding the client.
SEO would definitely answer; "Catch a rabbit".
(Cue loads of jokes about Greensealed Rabbit Meat in Asda).
Alan

Alan yes they would say "We have caught 200 rabbits" and they would mean "we are in talks with a number of partners with regard to acquiring an opportinuty to discuss the possibilty of moving forward with industry partners who may have the ability in the future to deliver the possibilty of TWO rabbits

Hi Alan,
From the e-mail you received are you confident that the problem has been accurately diagnosed and that SEO / ASDA really know what it is and are not still trying to work it out? Do they have a solution to avoid it happening on future conversions?

Cheers
dawall

Al
Don't let Biscuit see it he gets a bit paranoid, I don't want to see it I'm waiting for my own reply from SEO.

Another fool squelched!

Dawall,

There were two problems, the first was the release of operational machines, as stated in the pre-close update, this was resolved by the acquisition of spare units. The second was the longevity of the tooling, it would seem they don't last as long as they should. SEO are pretty positive that they have solved the problem, hence the 2 units on extended shift trrials.

If its simply a matter of premature wear of tooling, this should be a relatively simple matter to resolve but does and has taken time.

alanhewit
Why are you using Als name what is the problem.

Disassociating myself from those handful of posts. Celebrity does bring its problems ;-)
I have always been a fan of care in the community but stalking someone from the safety of a computer keyboard can only mean a mind too fragile for the real world.
BTW. For those who are new to the thread, anyone who has read it for the last 12 months will happily inform you that I have always been among the more conservative in my forecasts, and always urged a long term view as it was fairly obvious the road would not be the smoothest on the market.
Alan

Hewit

You silly boy. We all know that you are blinger in disguise - a very weak disguise. The language you use is exactly the same as that prat who no longer posts here in his own name.

Pee off back under the stone that you crawled out from under.

Leave this thread to people who really want to have a rational discussion.

The oily one

Obviously MoneyAM will squelch the parasite tomorrow; but how do they stop him/it mutating to another species under another name?

There is, fortunately, a serious dialogue going on. If the analysis is correct we are dealing with 'teething troubles' like what I have! So we are talking about delay not derailment. That means buying opportunity because ASDA are staying with it and the other are waiting in the wings. Need to forget 2005/6 figures; 2006/2007 should be the breakthrough.

Eric

Stick him in a Jiffy bag (not Frogpack) and drop him from a helicopter.

Kim

Would you use a sterilised needle to give a fatal injection to multiple murderer?

Why waste a perfectly good jiffy bag?

The oily one

Guys,
This thread had just recovered from the same person(?) causing infighting and grief. If we discuss him now it will descend into the same pit again.
Best course of action is for us all to ignore him in whatever guise he chooses and crack on with a thumping good debate on a share that is so wide open to interpretation we could debate a 2 line RNS for months!!
I agree with Eric. They've caught the rabbit. They've got the ingredients. The damn cooker has gone on the fritz. The point I was making earlier was given a choice between a company who had fantastic equipment, products and ideas, but no big boys interested in coming to the party and a company, and a company who have got the big boys there and then realised their aint enough beer and had to nip to the off license, I know which i'd choose.
Metaphors are mixed but you get the gist!!!
Alan

Nice interpretation Alan!
Will not discuss 'it' anymore, it will be ignored from now on, the shitty little bastard.
kim

So, the machine hasn't coped under stress, it will be fixed and the income from the end product will be sufficient to fund future research and development and put money in the bank, the Starpol side of things will be so huge the dividend payable will be bigger than the Royal Bank of Scotland's. How's that for a scenario? But, as you say who going to cook the rabbit? This 'green' economy thing is catching on fast, anything to save the world etc - surely it won't be long before the whole thing is sorted and shifting!

Had a VERY large whiskey so probably making less sense than usual!
kim

garyble thanks for the reply.

longevity of the tooling - now what does this actually mean. I may be a little ignorant in my understanding of a Greenseal fitted packing machine but my understanding was that it was in simple terms a heat sealing machine with heating sealing equipment replaced by a radio frequency unit. Presumably during sealing there are no physical contacts between the RF unit and the plastics/trays so what tooling is it that isn't lasting or is wearing out? Is it a problem with the RF unit? Maybe it works ok for a few minutes at a time or an hour but are the RF units upto continuous use such as 8 or 12 hours at a time? Do RF units have moving parts or parts in contact that wear?

Not trying to pick holes but merely understand the technology, issues and risk.

Cheers

some are trying to distroy all positiv threads about SEO.

What I do not understand here is that Greenseal has been lauded for goodness knows how long.

As a comparison, would Ford announce a revolutionary new car engine, run it to the corner store and back and put it on the market, or would they have it on a test bed for hundreds of hours.

The management of this company may be clever in thinking out green alternatives in the packaging industry, but thinking is the first stage, bringing the product to market in a complete and workable form is the ultimate. We do not seem to have that.

Why were the shareholders not told there had been teething problems with Greenseal, all we had was a note that said only two machines were in play.

I am a shareholder in SEO and believe it has great potential, but with this management I have not sure they will deliver.

Walmart's and the American business ethos is " You can talk the talk, but you have to deliver".

Can they ?

Predateur

Nigel,
Can't do it without your e-mail address!!!!!
Alan

I think I've worked out why I'll never understand the markets.
Company A; We got a product here that we are going to start trialling with Asda. Okay we're making a loss but this could turn us around. There are rumours that Wal Mart might be interested if the trials go well. By the way. we are defending a court case and god alone knows what that will cost and how long it will take. (SEO May/June 2005) Share price 28p
Company B; Yeah we are still making a loss but that court case is over, done and settled, and we still got the technology. The trials have hit major problems but Asda love the product and are helping us resolve it. WalMart is no longer a rumour cos they want to fasttrack the product and it appears that large takeaway chains are also sniffing around. We now have definite orders for another technology and plans to license it across the USA. We found an old patent gathering dust in the kitchen cupboard and we are currently auctioning it to the highest bidder. It may be worth just 50p, but who knows.
(SEO March 2006) share price 14p
I'm a simple bloke but despite the disappointments of the last 9 months, I still prefer company B!!
Alan