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

what a load of kak!!! a formula one engine doesn't see the car until it's been put through rigorous testing in the shop. teams of engineers sit there screwing the arse off the engine in factory controlled conditions, putting it through race conditions over many, many hours. only then does it go into the car. the actual drivers get called in to fine tune and prepare the car set-up. as an analogy it falls flat on its arse. maybe if seo had put greenseal through the same kind of testing they wouldn't be in this humiliating position of constant back-tracking, date re-arranging and releasing vague news to prop up the sp.

I don't recall when the 2/3 year period was first mentioned. Late '05 but I might be wrong.

This will all happen later rather than sooner and anyone who thinks otherwise is deluding himself.

Have held for two years so another 2/3 is of no consequence. I am in no hurry.

(Bos:- It was only an analogy! ie-a comparison between things, often used to help explain a principle or idea)

jtf

jtf, then they should have used a better analogy. maybe a sinclair c5 analogy would have worked better :)

bos
I guess you are not an engineer, or have ever worked on any mechanical development.
I have, many times have made parts or equipment, that worked great on the bench, but have to be altered or adjusted when they have been installed on a production machines.
Engineering takes time, days, weeks or months, each modifcation or simple adjustment, has to be tested before you can move on to the next.
Remember Engineering takes time.

jimward, correct in everything you have said. my point is that the analogy is kak. it doesn't work for me.
maybe it's time to stop making excuses for seo. we were promised so much last year. surely, " minor mechanical issues " should have been dealt with before dealing with a company like asda/ walmart? i'm not an engineer but that makes sense to me.

Agree with bos that letter is not going on the Research Page.

Bos I agree, it is time we stop making excuses for SEO management. But apparenly Greenseal is dead longlive Starpol, this week.

I think the time for promises has past.
I can't see the sp shifting one way or the other until there is are DONE DEALS.
When contracts exchange hands and revenue is forthcoming then we'll see a takeoff.
Until then happy to cross all my intact appendages , sit tight and wait.
The future does look bright , but without money on bottom line and deals in the bag this share will continue to fester.

Post Removed.

I read it as 'This will take a while' which we already know.

bos
Could it be that ASDA came to SEO before they were ready after hearing about the ideas SEO had and worked with each other to develop the equipment hence the exclucive agreement.

from onone2 on another thread:

**STANELCO (SEO)
Stanelco is to be included in Wal-mart's "Packaging Sustainable Value Network"
Specifically Wal-Mart is interested in Stanelco's Greenseal Radio -Frequency sealing technologies and also its Starpol Biodegradable Packaging.
Stanelco gave a long statement alongside its 2005 annual results. There was some diappointment in relation to Asda, Where Stanelco seems to be struggling to meet the target of installing 200 Radio-frequency sealing machines at Asda suppliers before the end of J|uly. But the story has now moved on, As Stanelco is seeing serious interest from major companies around the world.
The challenge now is to commercialise the technology, and as a start stanelco plans to offer a number os manufactoring licences in the US for the production of its range of biodegradable packaging materials. It is also working with manufacturers og packaging machinery, such as Reiser of the USA and mondini of Italy, to offer Greenseal technology in new machines. This will comliment the retrofit programme now under way

has anyone got the evo note and could they email it to me

ssanebs
Have they done an update yet?

I don't think they have as yet.

ok thanks

latest evo note 9/2/06 is that the latest one expected???

Of course if they were sensible there would be a copy/link on seo website direct to note anyway will not start that now.............

anyway if it is will post

Nice post jimward.
Since Stanelco have an agreement with REISER re greenseal going back to 2004 (hardman report), we can only hope that they've done the training and are ready to refit/supply the appropriate machinery ASAP.
Still waiting And hopeing re solid contracts. SOON!!!!!
Anyone care to put a bet on a contract release this week?
LOL
well you live in hope

i was referring to the the note to accompany the results, which i assume has been done, but for some reason not released by evolution.

Maybe somebody has already raised this, but I was away last week when the 'only 2 Greenseal tray lidding machines converted' shock hit the newstands, and what I cant understand is that from the RNS of 10th. May (partly copied below) it was evident that two machines were already in existence for the trials to take place.

In fact, if you look at the RNS of the 28th. July, also printed in part below, it would appear that 3 machines were in existence.

Am I right in thinking that these are possibly the same machines that make up the two machines in the latest count, and that therefore no further machines have been converted succesfully since May or July of last year (and one possibly seems to have been 'lost')?



I'll post this on FYB and MAM.

----------------



10 May 2005


Stanelco PLC ("Stanelco")


Update on Youngs Bluecrest Production Trials


Stanelco, the RF (radio frequency) applications group, is pleased to announce
that following its recently announced contract with ASDA, the first stage of
full-scale production trials with Youngs Bluecrest has now been completed. For a
two-week period fresh salmon has been sold using our GREENSEAL technology as the
sealing process. The results of these trials have been extremely encouraging.

Over the two-week period of the trials sales of the product packed and sold in
the selected ASDA stores have grown by 21%. Stanelco has been informed by ASDA
that this increase is as a direct result of a number of factors directly
attributable to our technology. Key amongst these is a more attractive looking
pack than the current product. In addition there were no reported leaking packs
and waste at store level was reduced.

Independent analysis carried out by Law Laboratories has also identified better
visual appearance and a fresher taste as the product reaches its end of shelf
life date. In addition microbiological analysis has also indicated that there is
strong evidence that an extra days' product life could be achieved.

Tony Ruane, Technical Manager at ASDA said:

"The benefits are now proving to be substantially beyond our original thinking
and as a result we will look to accelerate the introduction of this technology
to full scale commercial production.

"The second trial is commencing on Wednesday 11th May at Hitchens Foods, where
we will be trialling the process on layered salads and other items in the ASDA
own label range of Hitchens products."



=======



28 July 2005


Stanelco Plc ("Stanelco")

ASDA contract goes live


Stanelco, the radio frequency (RF) company, is pleased to announce the stability
results of the third and final commercial trial with a third supplier to ASDA
have been received.

I find it a little disconcerting that almost 12 months ago we had statements such as:-

'Stanelco, the RF (radio frequency) applications group, is pleased to announce
that following its recently announced contract with ASDA, the first stage of
full-scale production trials with Youngs Bluecrest has now been completed'.

Plus various posts about the increasing volume of greensealed product on ASDA's shelves

This led me, & a lot of other investors to believe that the trials were completed with equipment that had been tried & tested and was up & running. Now it would appear that this was not the case & the equipment was never 'up & running' at the time of the RNS.

I find it worrying that seo has not clarified the situation rather than issue vague RNS's & finals statements.

jtf