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

If the Board really are as dishonest as some think, how about this one -
big deal agreed, to be signed and then announced in meantime issue this RNS to cause a drop and get in with some Directors (or mates) deals!
LOL

tony, not dishonest.
that implies a heart and concience.
it's about money and making money- So you pays your money and sleeps with the devil.
I expect a rights issue will only be done ,if 'partners' don't get in for a % , if you catch my drift.............

Oblo, too much analysis in my view. Companies often issue a trading statement and/or announce a likely cash call. I'm not sure about regulations, but it's certainly good relations to give some warning.

I reckon SEO will arrange bank finance to cover the cash position to the calendar y/e using contracts in progress/daocumentation as a means of persuading them that this is a timing issue not a company breaking issue. Happy to sit and wait for their next announcement.

Sharesure.
No support needed until after calendar y/e. 31 Oct is within their 3 months.
It is after then that they need to have pulled something together. Revenue from new deals that makes them at least cashflow neutral or raise finance from elsewhere.
If what we all read from the Company and hear elsewhere things really are about to get rolling finance should neither be a problem nor necessary.
I wholeheartedly agree with your last sentence.

Sorry - confused calendar y/e with company y/e.
Rest of post stands.

Sharesure,
We may obviously be both wrong, but I agree with you that bank finance would be the best way to go. Then there would be no automatic diluting of the share price (which would knock shareholders confidence even more) and it could either be an open ended loan, or a short term.

Sorry for of topic

Could someone suggest a good site for translation of Dutch to English
Thanks in advance

Peter

why is the bank finance the best way to go? if take up is still slow where will the money come from to pay the loan & interest?

bkk2. Provided the article is not too long I will do it 4 u -(I am Dutch)

Robin, that is magic of you, I'm actually trying to help someone myself,Im in Bangkok at the minute and I have a girl that is trying to fill out an visa application form,if I could mail you some key words ,then maybe we could do this together

Peter

BKK2
I am Flemish, and speak Dutch, too.
But if you Google 'translations', it should come up with a couple of free translation sites.

robinhood,
Waar woont u? Ik ben van Antwerpen, mijn grootmoeder was Nederlands en mijn moeder woont in Amsterdam.
Zo leuk dat u Nederlands bent.

what a truly amazing thread. just when you think you've seen everything .... :)

robinhood ,just done as paperback suggested and should manage fine,THANKS for your offer

Peter

-

Paperbackwriter
Long time since you have posted you must have lost a packet didn't you have 2m+ share or some thing like it.

BKK2
Try this.

http://babelfish.altavista.com/

enkel gedaan als voorgestelde pocket en boete zou moeten beheren

Tonyrelaxes, not sure I can agree with your assessment in post 18992 that SEO will hang on until end of October to raise funds (if I have read you correctly). IMO they won't want to run their bank account down to the last penny (or go overdrawn) and now that they have prepared the market for the fundraising they will be proceeding fairly smartly with it.

Woodie, Post 18996, "why is the bank finance the best way to go? if take up is still slow where will the money come from to pay the loan & interest?" Good point.

An equity placing seems likely, unless they can tempt some kind of VC deal out of the woodwork. The idea that they'll hang on and cover their costs with a contract that just suddenly appears seems to me to be a little bit like too much wishful thinking - seen too much of this before with OMH, SCO, etc.

BKK2. Ik ben Rotterdammer maar ik woon al sinds 1976 in Engeland. (forget Google translations ,it translates word by word rather then the sentence . b.v. " een school vissen" would be translated as" a college fish"

I speak French and German - any other young ladies out there needing help?