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

Garblye the AGM statement is full of similar talk,"furthur discussions""continue to plan""greenseal and starpol being on the cusp of full commercialisation"whatever that means,etc etc.What we need to shift the shareprice is a firm order now no more ifs or buts.

garable,

Commercialise to me means s / $s in the bank, not further trials. Trials are exactly that and not a commercial contract.

dawall

the share price decline is like a slow death. any chance of revival?

spoke to ian balchin yesterday, who confirmed that the exclusivity has ended but the relationship has not, and asda still intend to adopt greenseal. There are no current glitches withGS and seo are not talking to any other company for GS. On funding he said,All i can tell you that it is already in hand. Hr rang on a mobile phone so the line was bad,as he said he was driving to the airport and could only give me a few minutes.

I have requested via e-mail the official end date of the exclusive trail re ASDA.
I will post on receipt.
The last time I requested info (it was re the results) I received a reply same day.

ssanebs,
Sent my e-mail just prior to seeing your post.
As to SEO not talking to others, does this mean the trial results are not as good as expected, or hopefully ASDA and their suppliers want so many machine conversions that SEO do not want to overstretch, something they have been accused of in the past.
It is the not knowing that is hard to bare.
At the moment I think we are all making guesstimates.

None of this adds up.

I dont get how the exclusivity can be up (the 2 month extension, that is) WITHOUT any deals being signed. The extension was to run FROM commercialisation of the first machine (see todays posts above).

Commercialisation surely means when a deal has been signed - it isn't commercial until then. If the extension of exclusivity is up, a commercial deal must have been signed at least 2 months ago and if it had we would have been told.

I wont waste my time challenging ssanebs on this because when I challenged him on an earlier post he defended his claims by totally ignoring me!

But it stinks, if you ask me.

At a market cap. of just 52m surely one of SEO's competitors must regard their IP library worth acquiring - or is it necessary to conclude that their IP is not as good as the company has led us to believe it is? Still a shareholder but very disillusioned with the calibre of the mgt., with the exception of the chairman who has always been very cautious about the comments made by his board at AGM's.

i have just called seo to speak to wagner but he flew to the US yesterday, Balchin is working from home but i told sylvia i had already spoke to him and he was not clear on his answers. As i said he told me "yes exclusivity is over but we are not talking to any other companies and our relationship with asda is the same, so you can read between the lines'' . can someone tell me what he was trying to say. i assumed he was tryiung to say there is no need to extend the agreement as they are not talking to other customers as asda are going to order soon,as the last trials have now been completed.

I thought that we were all hoping that other supermarket/suppliers would be forming an orderly queue the moment the Asda exclusivity period finished.

You dont know if its started yet, sharesure, let alone finished!

As a follow-on to the discussion on SETS/MM stocks on Level 2, here is SEO from a few minutes ago. You can see the MM trades on the orderbook with their names next to them.

I thought we were told in past RNSs that SEO were talking to customers across UK, US and Europe but now Balchin says no other customers! Inconsistent t--t. Something stinks here, as does the directors not buying shares, the interims statement and T & G not providing an update despite sp being half of what they said buy at.

Debated whether it was worth giving 1 of the non exec directors a call such as Elizabeth Filkin to get their comment on the current position.

Ever got the feeling you've been shafted?

The exclusivity has been extended by 12 months, it's on the stanelco website now.

Thanks Angusrjy,
From the site
Stanelco is pleased to announce that the exclusive agreement between ASDA and Stanelco for Stanelcos GreenSeal technology has been extended for a further 12 months. The exclusivity of the agreement will be waived after the first machine has been installed in an ASDA pack house, which will allow Stanelco to then offer GreenSeal to non exclusive ASDA sites.
OK now looks better than no news, as obviously things must be progressing nicely, if not as fast as we all hoped.
Let's hope that the first machine re the installing in an ASDA pack house, is just round the corner. How long is now what matters.

this reminds me of ETQ
hit close to 30p on hype......now sub 1p
i feel for all losers as ive been there and still am

And I was just about to post another rant about SEO's poor communications and performance, oh well another few months of anticipation and waiting, at least we know ASDA are still serious, I've just bought back in although not as much this time on this news (I must be a sucker for punishment), fingers crossed.

How do you account for your post earlier today, ssanebs? 'spoke to ian balchin yesterday, who confirmed that the exclusivity has ended'

Someone was telling porkies - Balchin or ssanebs?

ring sylvia and he will call you back and ask him if he said it!

Now for the good news.
The exclusivity with Asda is extended.
Now for the bad news.
The exclusivity with Asda is extended.
You can read this anyway you want, but I am going to go down the line of exclusivity always having been an unforseen problem. As someone pointed out some time ago, a packaging line must run continously to be cost effective so how does a packager run greenseal on a line for Asda use only.
Solution; Put the line in an Asda exclusive packager (such as one of their own).
Fairly happy with the news on balance, but it is another delay and still no 's.
Alan

i was told by tim freeborn that each store has a seperate line