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

Anyone know why Starpol 3000 hasnt recieved FDA approval yet?

Just picked this up from yesterdays FT"The cash is needed for working capital purposes ,according to traders."

OBLO

(sorry everyone else, off topic)

I thought of you as I went to a great restaurant in Monetchikovsky, central Moscow last night.

I had to, it was named Oblomov !

Tony

I hope the food was of a higher quality than some of my posts, Tony, and that the waiters were a little more active than my other namesake!

Madpad

I asked PM1 this when Starpol 3000 was launched and his view and the general consensus here was that it was not needed. Who knows may be it is.

Barney,only asked the question because like a to company produce what it promises.(God alone knows why I'm involved with Stanelco then it must be greed or maybe I'm MAD or have a death wish.)I don't have the AGM docs to hand but I think it said "starpol 3000 FDA approval expected in a few weeks".That was over a month ago.Glorious hot and sunny in Cork.

Pad,

from AGM statement:-

As announced on 14 February 2006, Starpol 2000 now has the
relevant US FDA approval, along with its European equivalent. Starpol 3000 is
expected to be confirmed as fully compliant under the same regulation and we
expect approval in turn for this within weeks - as with another of our products
Starpol Wrap which is an ideal product to replace waxed paper for burger wrap
and other deli counter applications.

There are often posts stating that if SEO don't pull their finger out, alternative manufacturers/products will be a threat. Although the following is about a different natural substance to that being used by SEO, it gives a good insight into the future of such innovations. The most important paragraph to me is the last one in the full article which I am sure applies to many similar innovative ideas. For full article see link. http://www.radionz.co.nz/news/latest/200606051759/11492106

New use sought for waste potato starch
Posted at 6:01pm on 5 Jun 2006

Scientists are working on refining waste starch from potato chip manufacturing for further use in the expanded polystyrene market.
Plastic could be made from barley?
Conventional on-farm plastics could be usurped by a film made from barley, if research being conducted by the Biopolymer Network is successful.

And the following is why SEO are in front and have an advantage ( perhaps not for too long though )
BUT Dr Larsen says it's not a simple process and a workable product is still about THREE years away.

My comments....And then of course comes the process of testing, sales etc.

So there are two main points here .....1 SEO need to move forward re contracts in the next 2 to 3 years. 2 They need to keep the new products in advancement of their competitors.

In my opinion they will do both, at least for several years.

well that kept them all quiet Greekman

Cheers Barney,

I was beginning to think I had upset everyone. Glad to see that without news, the sp appears to have reached a bottom, at least for the time being.

A pretty good day I would say with reasonable volume, buys well out-performing sells; some decent buy trades at end of day. Momentum chart moving more positive.

Strange how some posters accentuate the negative: we haven't had the Starpol 3000 approval yet. Yet we do have the Wrap approval which suggests that Starpol 3000 will follow; no known reason why not. So why not reflect on a series of positve news items in the last month or two with indications of progress in negotiations with several mega companies. The price is only so low because it has over-reacted to disappointments which only impact the speed ot take-up, not the relevance of the products. One can either stay on the side-lines or carp or be on the field of play getting ready for the enfolding story.

Eric

Eric

The reason that the SP is 9-10p is that the rise to 30p was predicated upon the roll out of 200 Greenseal machines. Quite simply SEO have not delivered and the SP reflects that failure. With another placing to raise funds it is also clear that the company are burning cash rather than generating it. That is not to say that they will eventually deliver, but their credibilty is somewhat tarnished and I would be surprised to see a swift return to 30p. Admittedley I was stopped out some time ago (having been in profit, like many others) and it would need some concrete evidence of sales before I would even consider buying back in. However, nor would I risk a short, just in case SEO capture the imagination once more. Personally I think that is unlikely, stock market BB favourites rarely have the same impact twice and I don't see a rapid second coming. I hope all those that have tried to catch this particular 'falling knife' are rewarded for their faith in the not too distant future.

pth

I beg to differ pth,

Admittedly the sp was way overdone to reach ~30p, fueled by hype and the great potential revenues to be realised by GS alone. The sp commenced its decline from Monday 23rd May 2005 coincident with the RNS announcing Stanelco signs 1st commercial deal with Asda supplier for Greenseal packaging, bottoming out and settling on a 13p to 15p trading range from mid October.

A combination of factors sustained the decline in sp:
Poor interims
Confusion over the exact exclusivity start
Biotec acquisition & 9m fund raising seen as a great deal now, but not so at the time
CC uncertainty
Etc, etc, etc

The point is, the sp was halved before the hold-up in GS delivery was even realised by the general public.

Garyble

You are certainly right in your assumption that the SP declined 50% on hype. But it is also (depending where you pitch your tent) a further 50% or so down from your 13-15p trading range. It is this decline that reflects the failure to make progress with Greenseal.

Although I no longer have an interest, I like most, retain an interest in shares I have onced owned whether sold at a profit or a loss. I am not an embittered individual, I have taken the loss on the chin, but the latest palcing and continual changes of NOMADs, plus the lack of Greenseal orders does make me feel that there is still a long way to go. Too many shareholders are in love with this share, rather than taking an objective view. I would also suggest that just because Institutions have coughed up more money at 8p ish, this does not necessarily mean that the SP will remain above this level. Afterall it did not do so previously.

pth

Obviously I hope Gary and co. are more right than PTH but good to read both sides of the argument without having to listen to more slanging matches! IMO: the recent placement will become the support/resistance level. Yes, Institutions do get it wrong sometimes but their fund managers are also held accountable to higher powers and I believe a deal, if/WHEN it comes, will make a huge positive impact to the sp.

Yes I agree. Good points put by both sides.

good rise against the trend

Yes, in spite of more sells than buys - someone loves us !!!!

I understand that Arrow Coated Products Ltd has been granted the patent for embedded water soluble films by the Indian Patent office.The company has already recieved the patent in South Africa and is in the process of grant in the US, Europe and Australia.

The product and process would radically change the way drugs are delivered to human beings and to animals apparently, and is also useful in delivery of pesticides.

The company has a memorandum of understanding with Stanelco to market and/or license the patent, patented product and/or its processes in Europe and the US.

In India, the company is in the process of negotiating the terms of commercialization with a few companies, but nothing is finalized yet. (Sounds familiar!) The company is also looking at licensing the same technology to an Israeli company (any guesses?) and is in the final stages of negotiations. The Israeli company also holds a joint patent application with the company in other fields of invention.

I have not had, nor will have unfortunately, time to do any research on this so don't know what it will mean for SEO but I suppose every little helps. Hmm, where have I heard that before?!
kim

Just a reminder of the link between the two companies.

January 20th 2006.
Arrow Coated and Stanelco Announce Agreements

Arrow Coated and Stanelco are pleased to announce the signature of reciprocal commercial and technology agreements. This collaboration opens exciting opportunities for both Groups through increased penetration of the market for water soluble films as well as better exploitation of the patent portfolio held by both groups. The agreements, reached after several months of negotiation, will enable relationships between the two groups to be further developed.

As a result of these agreements, Stanelco plc Group, a world leader in RF welding technology and packaging innovation, together with its wholly owned subsidiaries, Aquasol and Adept Polymers, has expanded its marketing reach and its product range.

Arrow Coated Products Limited, one of the worlds largest producers of cast water soluble films, has expanded its range of films and its technology base.

Arrow UK, a wholly owned subsidiary of Arrow Coated, India, will be working with Adept Polymers to market Adepts extruded water soluble films in certain designated European countries.

This development builds upon the strengths of both Groups. Stanelco plc Group will be able to focus on marketing its core RF welding, biopolymer and packaging innovation businesses while Arrow can leverage its marketing skills and distribution system in both Europe and Asia. The two companies already share a number of clients.