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 am on the cusp of writing something else

And now I have written it. I do think this is very exciting, and could lead to the first revenue income for Stanelco. Exciting meetings next week, and we could be on schedule as per the EVO report, for some deals by the summer :)


"On 14 December 2005 we announced our agreement with Perseco, the international leader in packaging and supply chain services to the food service and beverage industries. We have a number of meetings in the US next week in order to move our exciting project in the fast food sector forward, in particular to endeavour to finalise details with regard to vertical integration into their supply chain by establishing Micro Manufacturing Facilities."

Not altogether earth shattering as some were claiming it would be but still very optimistic. I wonder what the interim report will have to say.

I think we really do need to see some sort of revenue upturn in the not to distant future as an indication of where seo is headed or investors will become impatient with this seemingly everlasting 'jam tomorrow' scenario. imho !

anybody want some?
maybe tomorrow then :))

all in all a very encouraging , promising, positive statement for seo. but then again , would you expect anything less? it's worthwhile taking a look at past agm and egm statements just to see that seo have been on the "cusp of full commercialisation" before. i'm not knocking today's statement, but, at some point all these words have to be converted into deals, not trials, but actual "here is a deal worth 's". once that happens , can seo be trusted to deliver?


http://moneyam.uk-wire.com/cgi-bin/articles/200406031430033880Z.html

http://moneyam.uk-wire.com/cgi-bin/articles/200504221131434052L.html

http://moneyam.uk-wire.com/cgi-bin/articles/200508301108175841Q.html

bos
You have cheated you have got a marmalade in there.

having waited this long .................. a bit longer should'nt be tooooo hard.
I was dissapointed that there was no jamtommorow mention re gel tablets or fag-buts, so a 'fullhouse' of promises could have been delivered.
oh well, no doubt they'll be another PROMISING RNS shortly to cover that oversight.

LOL

Interesting Snippet.

City Explores Ban on Food Packaging

By Olin Ericksen
Staff Writer

April 28 -- After nearly a year of talk and study, Santa Monica officials may soon act on a proposal to ban on non-recyclable food packaging Citywide.
The ban -- which is opposed by such groups as the Polystyrene Packaging Council, the Food Service and Packaging Institute, the American Chemistry Council and the California Restaurant Association -- would make Santa Monica next on a growing list of counties and cities, including Malibu, that have enacted similar bans.

My comment....
If you search hard enough, you can find many such items daily, where the threat of plastic based packaging is being looked at. The tide against waste, pollution is turning rapidly. Get in there SEO.

Getting more bullish by the hour. First, no more Greenseal problems, proven by demonstration by ASDA to Walmart. Second, trials being set up, clearly with Tyson; OK more trials but with potential many times that of ASDA and without the diversity of conversion. Third, next week should see a Perseco agreement for micro-manufacturing plant(s) with announcement shortly after. Then its goodbye 13p! On the cusp of financial transformation! Cheer up, friends.

Eric

Looking good isn't it Eric,

Philip Lovegrove is supposed to be quite a level headed chap I believe, so I thought it interesting that he mentioned the timings of meetings with interested parties.

AGM - my take on proceedings :-

Bullish, contrite about past optimism, now realistically optimistic and not commiting themselves to fixed times, expectations with announcements until something positive and certain. Working on many aspects of technologies and products and uses for many applications and users. Talking to several BIG World players and many others. Expecting positive announcements within a "very few months" and (when pressed) hoping "within 12 months to be earning our own way".

I'll go through various topics and points later, tomorrow morning at latest. Others will probably be giving their views too, and no doubt saw it differently to me!


Tony

Thanks for the update Tony.
Most of that came through on the statement, but its nice to know that was the mood of the meeting.
Alan

I was not able to get to the meeting until 30 mins. after it had started but it seemed as if there had been a few pointed views expressed from those shareholders present. Agree with Tony's take on it # 16268 - ie loads going on but not being prepared to commit to a firm timetable; didn't get the impression that they are looking for money in the short term and more took the point that they hope others would bear the investment costs of the roll out. On the ciggy butt front, Rothschilds are working on a no win, no fee basis; I take that as confidence on their part that they will be successful (don't think they got where they are by being altruistic). My conclusion is that there is still every reason to have loads of confidence in the portfolio of products becoming really good earners. Gven the stage that they have reached, until they earn some revenue and the sp rises, they must be vulnerable to someone bidding for the company's product IP list. Anyone else have any thoughts on that, other than Age of Reason's stake being a potential hurdle or springboard?

AGM TOPICS - (as I remember). I will start now to give you something to be getting on with but will add further things later tonight or tomorrow morning. The words are not necessarily verbatim but the meaning is, as I understood it. These disconnected jottings are rearranged under headings rather than in the sequence. I listened more closely to the areas that I know more about (or thought I did!). At times it was very difficult to hear the quieter spoken Directors against the whirring of the air conditioning. Please feel free to correct me if I misheard/misunderstood anything and you know better.

GREENSEAL and DELAYS
Apart from usual unexpected problems developing new concepts and technologies, delays came about from the extreme pressures on margins imposed by ASDA/Wal-Mart. The tray lidding machines are required to be operating at full speed for 16 or more hours a day, 7 days a week.
This pressure on margins is good for SEO as it makes suppliers really need and want its cost savings advantages (and A/W want them to adopt GS) but does not allow adequate down time to convert and satisfactorily commission machines.
To overcome this SEO have purchased each of the 3 types of machines in regular use (Pro seal. Multi Vac and Mondini) to lend suppliers so there is no downtime to production lines.
Asked if there was to be an extension to the ASDA Exclusivity period (GS, Starpol later) because of the delays, Martin Wagner said this has now been agreed that ADSA will have 2 months Exclusivity following the first commercial installation. [There was some confusion over this that I could not fully hear] ASDA wanted the exclusivity to be able to announce they are GREEN and cant keep doing this more than once.


WALMART/TYSON
They were here last week and visited Grampian Foods being particularly interested in meatpacking. GS passed all their queries and tests including seal failure. Most difficult contamination to overcome with sealing is pork fat. This was deliberately smeared over the seal areas yet GS sealed without failure. This saves wages of 2 operatives on the line as well as the heavy penalties if seal failure goes undetected. These can include rejection of a whole pallet of production if discovered before on the shelves and fines of 30 to 80 per item, depending on the product, if discovered on the shelf or by a customer [think I got this right].

Sorry lads and ladies, beer time now!
Starpol, Starpolwrap, Fag ends, cash, SP, informal chats with Directors afterwards and my deeper impressions will follow.

Well done, Tony. Gives an air of realism. Re the ASDA contract, negative and positive. Negative in that means two months from the end of the current contract period at least, i.e. 1st August, I think. So no roll out in this financial year. Positive in that ASDA (and WalMart) are undeterred and still think this is a winner, both in business terms and publicity. I like the Walmart/Tyson detail. We seem to be getting a picture of actually where things are: slow but sure seems the watchword. Not what the trader wants to hear but the long-term investor is on a winner.

Eric

top post TONY, very balanced, almost feel i was there.

You got a real sense that SEO had learned from their mistakes of last year and were rather niave in the timescales that they could deliver in - Martin Wagner effectively said as much - and his focus is to get 2 or 3 suppliers fully operational over here working 16 hours/day, 7 days /week, without any downtime before shipping abroad. A real focus on quality - rather than quantity.

Also - the 2 month extension was to enable ASDA to really milk the success before it was released to competitors.

On the ciggie front with Rothschilds - its a no win , no fee deal - quite a coup with Rothschilds and Stage 1 has been completed (ie identifying interested parties). SEO said that there had been quite a bit of interest - and they had now moved on to the next stage. SEO made it clear that they were only interested in selling on the IPR to be developed by others (and thus receiving royalties) and could not put a figure on what it might be worth - but it was unlikely to be a news item in the next 6 months.

Many thanks to Tonyrelaxes and Sharesure, for the info. It's looking good. Maybe not ( as several have said ) jam tomorrow, but champers a bit further down the line.
Cheers greek

Tony,

Is it ok if I copy/paste your info on another investment site ( fully credited to yourself ). I will not be offended if you reply to the negative.

Greek

Copy and paste away. No credit required, I don't consider it as my original - it was only what I heard.

As BHunt says, there was a real focus on quality in their approach.

IMO this share will make people rich - very rich - but not in a few months, but in many, many months to come and the years to follow. I believe this and came away far happier than I arrived.

More from me tomorrow.
Tony

Tony,

Thanks. Credit still given as you took time, trouble to attend