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 aint sold anything.
I have been in Mexico, with no worthwhile access to any info or the internet.
Got back yesterday and am as disappointed as anyone by these interims.
I am still looking for the bright spot in it all, but I can only come up with the same old line. There is a shedfull in the pipeline. This is no longer good enough. We need the pipeline to start producing 's now.
Not overly concerned re having to raise money, because WM, Perseco, Asda et al will have studied SEO financially as part of their due diligance. If they were shaky, these guys would have pulled out of any negotiations. I am more concerned over the deafening silence on Greenseal and Starpol moving to full commercialisation.
This could be for one of three reasons.
1) No news to report.
2) A battle is on to save negotiations, because there are problems of which we are not aware
3) negotiations are at late stage and offering news now would be seen as bad form by the other parties.
If it is 1 or 2, we are in trouble. If it is 3 we are laughing.
Which is it? I don't know and neither does anyone else who frequents these hallowed boards, so you pay your money and take your chances.
FWIW, I'm still around and hoping.
Alan

G D Potts,

I have edited your post no. 17706 - the first word, as some may take offence at that word.

Ian

of course.

Just find it extremely disappointing that SEO board is taking the piss with its shareholders by not giving any substantiated news. Are they forgetting that sofar most of us have backed them all the way through and deserve at least a meaningful update rather than waffle

EWR, are you still in?

IanT , do you have to check through every thread or is there some kind of alert when key words are posted?

Anyone think there will be even the slightest bounce back next week, at all?

G D Potts
No he just checks yours.

I shouldnt think so Mark, not even the slightest. But expect some further falls as more people start to accept that SEO has lied, I might buy back at 1p but that still seems expensive for Stanelco.

I should hope so given that they are the posts of truth not fantasy.

Keep your eyes on SYM and DOO Driver, as when you sell SEO you may want a share that actually performs, that is if your holding is worth anything by then.

Does anyone know where the FSA (or any other body) stand wrt the misleading of investors. Looking back over the last 18 months to 2 years at what SEO have said / indicated regarding Greenseal particularly around ASDA now looks either hopelessly optimistic or a complete pack of lies given the lack of info. in today's statement which now sounds very much like a precursor to bad news!

i've had a few hours to digest the news . Was dissappointed.
However, after reflection It's pretty much what I expected. Have e-mailed seo regarding a proper update re greenseal and asda, await reply.
Unless that turns into a complete donkey then nothings changed. the products and potential are there.
The MAJOR investments have been made and cash is only needed to see through to fruition.
Guess its just a matter of waiting for the jam.

as ever optimistic.LOL its only my money going down the pan.

It would be nice to see some Directors/ The CEO buying in, now that the share price is at a bargain and they are probably out of the closed period?? Or have they got no faith in themselves or SEO? I'm not selling, as far as I'm concerned it's sh*t or bust now.

angus I agree with you, I would also like to see some directors buying in now and in big quantities not the odd 5000 here and there. Their lack of buying is one of the things that worries me, particulary those recent appointments who presumably have jumped dhip elsewhere to join SEO.

If I saw directors buying, this would make me even more suspicious. If they know that deals are on the cusp (their words from the recent AGM) they would be buying with inside knowledge.
Not trying to tart up the results, just looking at facts.

"Technical trials have been successfully completed on Multivac and Proseal
packaging machines at three major food packers for the Greenseal project"

I suppose the COMMERCIAL trials will be next!

So much for the naiive assertion that the first GS commercial placement would be within 8 weeks, which elapsed two weeks ago.

Many dirs bought-in arround 2.9p (remember then?), so it's unlkiely they will buy at these higher prices ...these are very small shares, so you need to own a lot to make anything IF/When the dividend comes round.
All those expecting to be rich had better realise that when a dividend is declared there will be a possibility to value what sp is right - and it may be closer to 2.9p than the current price.
Yes, I know a price is what the Market will pay - but at some point you have to ask "What will SEO make as Profit? "
The likes of ASDA do not pay Lots for produce, so even less for packaging - it's way down there with wages for toilet-staff. So SEO is not going to be a multi-bagger, based on real profits. (Maybe only Hope, Huh?)
Greekman is spot-on: Dir can only buy when they know there is Nothing to Report....that they are in protracted negotiations means you just have to be patient....but it also means they "might" just know that their Options are a lot more valuable than buying a handful of tiny shares.....the longer (any) Directors can protract the real News (like an Order) the longer the airy-fairy days exist where Punters will pay almpost whatever the last-man paid plus a bit...
Just one order stops that, as you can see the life (or lack) in a business...can these exces turn Ideas into Profits?
(I have a notional holding from higher times.)
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Incidently I only take notice when a Director buys 50k+worth; anything less is not sufficiently serious.... and may show the Co will be asking for money - but small "buys" can fool the market into believing x-pence is fair-value. It rarely is IMHO.

A lot of Investers in SEO have been holding them for years and have fallen in love with them, what do they say? love is blind. This company as been ramping the shares with their news updates ever since Greenseal, how many machines have they sold/converted ? around 7, people were talking of 100's and 1,000 if Wal mart gave them a contract, best to wait untill they get cash flow before buying.

Hangon a minute! Where did you come from all of a sudden?