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

Take a look at http://www.foodnavigator.com/news/ng.asp?n=67821-snack-freedonia-bakery.
The article states that US demand for snack food packaging is projected to increase by 3.7 per cent per year to $5.6bn in 2010, according to a market researcher. SEO will be in there with a big sales opportunity I would think. Happy to increase my holding when I have my wallet back.
kim

"The Proseal AP60 currently being converted
for Hitchin Foods is consistently performing in our factory in Southampton
having run for 8 hours continuously for several days without any issues."

'Without any issues'.

Does that mean they're putting stuff in at one end but its not coming out at the other?

That's right Oblo, it tastes so good that the machine wants it back!
kim

Here's a photo of the AP60 in Southampton. You put the food to be sealed in at one end and - Hey presto! It disappears!!!

Great news!
More balls in the air, I hope someone catches one soon.

Sounds like a job for Bosley and his spectacles.

Will they No sign a flipping deal, i do not care how many burgers are sold in waxed paper in the US or how large the market may be one day, i just want a deal just one, just one little deal, with a supplier who does not have to be a world leader just 1 supplier who puts some cash in the bank. is that so hard.

Show me the god damn money.

And if Martin Wagner says "We are very excited about the opportunities" one more time i will throttle him.

yours very unimpressed

good news today but, as madpad says, still no s. just for comparison's sake, this is from a year ago, may 23rd ....

"Stanelco announces that following extensive trials it has now entered into a
formal commercial agreement for its GREENSEAL(TM) technology with a dedicated
ASDA supplier, endorsed by ASDA themselves. This first commercial agreement will
involve the conversion of a Mondini tray-lidding machine at the chosen supplier.
Stanelco cannot reveal the name of the supplier for commercially sensitive
reasons."

and

"Ian Balchin, CEO at Stanelco plc, said


'Today's announcement takes Stanelco to the next stage of maturity as a business
as our technology enters full scale production. We are very excited by the
success of the trials for GREENSEAL, as are both ASDA and the supplier. The
commercialisation of the technology has been adopted at an unusually fast pace.' "


then this from today's rns....

""On another matter, I am pleased to update the position on Greenseal
communicated by our chairman at our recent AGM. We are continuing to make
significant strides with our Multivac conversions with trials into both a salad
and meat supplier to Asda going well. The Proseal AP60 currently being converted
for Hitchin Foods is consistently performing in our factory in Southampton
having run for 8 hours continuously for several days without any issues."

would these be the same "extensive trials" as last year?

soultrders. up in the air isn't really the safest place for your balls .....

Ooooooohhhhh!!!!!! :o(

SEO can't be held fully responsible if there has been a Hitch in progress! Is that the Marketing Manager's head Bosley?
kim

Barney - Correct me if I'm wrong but won't we see revenues from the Reckitt Benckiser and Aquasol product Finish Quantum launched late October '05?

Launch of Finish Quantum A Breakthrough in Automatic Dishwashing


Reckitt Benckiser plc (RB.L) today announces the UK launch of Finish Quantum - a breakthrough in automatic dishwashing. Created from revolutionary design and intellectual property-protected technology, Finish Quantum is the first product to combine powder, gel and Powerball technology in one single dose, with the added benefit of no unwrapping.


This innovation is new and completely different to any other recent product changes, and signifies a step-change in product design, based on:

a water-soluble capsule containing three separate chambers
separately sealing highly effective and otherwise incompatible cleaning agents
releasing these agents at the right stage of the cleaning cycle to perform specific functions


Finish Quantum is also convenient for the consumer to use: there is no need to add salt or rinse aid, as this is included in the product; glass protection is also integrated; and now there is no longer a need to unwrap before using.


In consumer testing 7 out of 10 consumers said that they prefer Finish Quantum to their current product and 8 out of 10 said the product exceeded their expectations.


Finish Quantum is recommended by major dishwashing manufacturers including Bosch, Whirlpool and Electrolux. It is being launched in all major supermarkets across the UK, and is being progressively rolled-out to other markets in Europe in due course.


Commenting Bart Becht, Chief Executive Officer of Reckitt Benckiser said: -


Innovation is a cornerstone of our growth strategy with 40% of net revenues coming from products launched in the past 3 years, reflecting our passion for developing better solutions for our consumers. Finish Quantum is a breakthrough in automatic dishwashing products. As the global market leader in this high growth category, we have been responsible for the major innovations for consumers the first company to produce 2-layer tablets in dishwashing, and the 3in1 and the 4in1, adding the Powerball cleaning technology. Now, Finish Quantum offers consumers new levels of dishwasher performance combined with convenience. We believe it will help to build on our strong global leadership in this category.

just one deal with proper figures. Is it too much to ask.
Still happy, but all this jam tommorrow is not good for my health.

i still think seo will make good money over time .still retain all of my holding as im quite happy to wait it out.
like others i would like to see some signs in the announcement but am happy to wait for the transfer of funds from the impatient to the patient.
it wont come in a hurry but it will come.
good luck to all holders.

"On another matter, I am pleased to update the position on Greenseal
communicated by our chairman at our recent AGM. We are continuing to make
significant strides with our Multivac conversions with trials into both a salad
and meat supplier to Asda going well. The Proseal AP60 currently being converted
for Hitchin Foods is consistently performing in our factory in Southampton
having run for 8 hours continuously for several days without any issues."

Nothing personal Martin, but running the said machine in a refridgerated enviroment on the lines presents different challenges/issues.

Then add on the extra setting up costs and maintenance required on a much more regular basis than existing and the commercial proposition changes from that claimed on paper.

Good progress and another fine achievement for wrap 100.

GS is still an issue and was to be seo's immediate revenue flow. So what happens next, still no orders or likely hood of any.

explosive, yes quantum accepted, i asked PM about a month ago what revenue we derived from this. I have posted about it here several times and it is fantsatsic and cleans much better than ordinary finish, and the cost is falling all the time as they are pricey. PM was going to ask aquasol what revenue we derive but he has not got back to me. Too busy running his new forum i expect!!

But more generally things are moving sooooooooooo slowly and rather than give updates they just launch another product.

Am still sat on 3times my investment so tempted to pack it in and watch on the outside.

Actually explosive PM says that the new 5in1 tabs from Finish are also Aquasol IP, although why no RNS etc who knows, so perhaps more revenue than just Quantum.

God I am talking myslef round again.

I know that feeling Barney!! Been in and out a few times myself!! My current investment in SEO however is only the profit from my first sale, so for me happy to stay in as I've seen how quickly this one moves when consensus changes.

There's that Gotya chap again. Well Gotya, GS was last year's favorite and money-spinner for SEO, this year its Starpol and apparently there will be 10,000 tonnes of the stuff sold this year with capacity for a further 20,000 tonnes. That would equate to ~14m revenue. There is also the traditional revenue and that of the RB deal to consider along with the Biotec/Sphere contract of another 10,000 tonnes of biodegrable pellets {which I'm assuming is not double accounting}.

Bosley,

The announcement of last may related to the Mondini installation. It so happens that WM/Tyson visited Grampian Country Foods to look at just such an installation.

Today's announcment mentioned Multivac and Proseal AP60. The Multivac conversions appear to be in-situ, whereas the Proseal unit is in the lab undergoing in-house testing before being landed on the poor client. It is the way things should be done.

I'm making a big assumption here, but I would expect SEO to have learned from the past year's experience with retro-fitting, logistics and the rigours of full-scale production. They would have altered their approach and expectations accordingly.

Gotya,

You're talking billhooks again.

'still no orders or likely hood of any'

No likelyhood of any orders? Utter rubbish again. Why are Perseco, Walmart, ASDA and probably McDonalds looking at them, talking to them and trialling the products ?

Oblo, you have to sort of see Gotya's point, i mean how long and how many times have we been on the cusp of orders, so whilst it is good we are talking perseco etc where is the order book and cash.

I know we all expect it to come and patience etc but after 3 and a bit yrs finding it v hard to keep making excuses for them.