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

starfrog,

Isn't the real point here that it isn't up to the land fill sites what they take - they have to handle what is 'dumped on them' (pun intended).

It is the land fill site operaters who will have to adapt.

Asda heralded their zero waste programme with fanfares and trumpets and built recycling facilities at some of their warehouses. They create back of store facilities to recycle all their cardboard and Outer packaging, which the empty delivery lorries return to the depot for correct disposal.
is it beyond imagination that Asda create a facility for Starpol products, rather like a bottle bank, and put the please recycle on your next visit sticker on them, for the lorries to take back to depot, and possibly pass back to the farmers who are delivering.
It might not be taken up hugely, but the point from Asdas view is that they have another big news story to convince us all how very green they are.
alan

Al, I would have thought that the whole point with Starpol is that it can be thrown away and therefore will, and will wind up in landfill sites (or possibly incinerators) where it will break down in environmentally "friendly" fashion. Can't see anyone arranging to bring it back to the supermarket.

EDIT: or do you mean the farmers will somehow spread used Starpol products on their land as manure? A nice idea, but somehow I can't see it catching on.

From uk-analyst.com

Shares in environmentally friendly packaging group Stanelco slid 1.075p to 4.125p after the company said it may have to pass the hat round again. In a trading update the company said it had cash in the bank of 900,000 pounds, with an unused overdraft facility of 200,000. It reckoned this was sufficient to meet its cash requirements for a further three months in the absence of further funding or new revenue streams. The group said it was currently exploring all financing options including a public equity issue. This is a great company with great prospects, but with funding and timing concerns to the fore, the stock appears overvalued at present.

ST,
No I can't see it catching on, but thats not really the point.
Asda want green, but not at all costs. They only want green because it sells tins of beans. How succesful the green story is, is irrelevant when compared to the value of the story they will tell the world.
Imagine if you will, we sell spuds that are grown organically, and locally, with minimum delivery mileage. When you have eaten our spuds, take the packaging back to Asda, put it in the bin and we will give it back to the farmer to use in his fields to grow the next crop without the need for excessive chemicals. A virtuous circle.
i am not saying it is right, but even a retarded PR or AD man can come up with a hell of a green marketing campaign with that to work with!!
And that is the point. How will GS and Starpol help Asda sell more spuds?
Alan

Al - Okay, I follow you; actually your viewpoint is ingenious but whether it's likely to become reality is another thing.

Alan .... it won't! and i still say SEO makes a busted flush look like a winning hand

No, I don't think it will either.
SEo is a royal flush, in very heavy disguise.

That 4 million after hours could be a sell.

Tesco is now leading the way in 'green' shopping by gradually introducing fully degradable carrier bags in all our stores up and down the country.

This means that the waste will be sent to landfill sites, where the heat generated within these, will lead to disintegration of the degradable Tesco bags within a few months. This is of added benefit when the bags are commonly used as bin-liners, since it allows the flow of air and water around food and garden waste. Effectively, this results in more rapid bio-degradation, than if it was enclosed in ordinary carrier bags.

Green customers to get bonus at Tesco


Tesco is to offer shoppers a financial incentive to use fewer plastic shopping bags in a bid to cut the yearly four billion plastic bags it dishes out by 25% within two years




Tesco plastic bag scheme: the first of its kind

The UKs number one retailer will offer its 13 million Clubcard members points for not using plastic bags, re-using old plastic bags even those from rival supermarkets, packing shopping in carrier bags bought into the store and for returning bags.

Clubcard points are usually awarded at a rate of one for each 1 spent. Clubcard holders will also receive one voucher to redeem against a bag for life in Tesco stores.

Chief executive, Sir Terry Leahy, said the supermarket had been working on ways to reduce plastic bag use. We have had a team looking at carrier bags, trialling different ideas in our stores and talking to customers about what we could do to encourage them to use fewer bags and to recycle the ones they do use.

"We have to move the emphasis away from trying to force change and onto rewarding positive behaviour. In other words a more carrot than stick approach," he said.

From September all Tescos carrier bags will be degradable and a new thicker and bigger bag will be launched so customers need to use less bags and will be more likely to return them to the store.

The new scheme to encourage shoppers to bring their own bags starts on 14 August and will be supported by TV ads to explain how it will work. Celebrities, including Martine McCutcheon and Alan Tichmarsh, will front the adverts.




--------------------------------------------------------------------------------

Martine McCutcheon and Alan Tichmarsh, will front the adverts

well thats put me right off. LOL

Anyone got the e-mail update from RHPS.
Has he got anything to add to this mix?

Nope tweenie, looks like Tom is flying out for a wedding. Its like Alan says a wisper and these could still go north, do I feel lucky? Well with these no, I'll hold for now but am starting to feel this ones a liquidation waiting to happen!!

No RHPS update this week - He is attending a wedding in Canada.

An intriguing RNS. Have browsed through the earlier discussion. Not sure the point has been made that the 46.4m approved share capital would probably only raise about 1.5m. 2m has been used since 1st May so we are talking about three months funds. How prepared will the banks be to lend against letters of intent? The scenario seems to be very tight and risky. The investors at 13p and then 8p must be as disillusioned as most of us.

However, I don't just want to talk the prospects down. The letters of intent may not be bankable but they do represent progress. Even if companies such as Perseco would normally play hard to get with hard cash, the likelihood is that they will provide stage payment(s) in return for improved terms. SEO has at least come clean about GREENSEAL and the protracted process of generating revenue.

My expectation is that they will raise their three months capital and use that to give breathing space to convert the letters of intent. GREENSEAL progress will remain slow as they will be throwing resources where the first revenue will come from. In one sense the shares are still not that cheap with a cap. of around 40m. OK, there is still some more potential downside. But if my suggested scenario emerges, this price level will become history.

Eric

you could be right ...... like ZERO

Todays FT ".....is considering refinancing through a share issue after a delay in the development of its GreenSeal product. ..............blamed the delay on difficulties in gaining access to machines ....................900,000 enough for the next three months........was looking at all funding options....... "Page 18.

cynic

Unfortunately the Daily Mail agrees with you - they say "Could be the knackers yard by Christmas". Hope they are wrong, I still hold for my sins !!!!

I know mine is an unpopular stance here, but why on earth so many of you keep clinging to straws in this company that is clearly floundering in quicksand (sorry about mixing metaphors) is totally beyond comprehension, let alone common sense.

Knackers yard or Racing stable?!! Now all bets are on for all SEO holders,This has been a Grand National roller coaster ride since 2001 for me,in and out with small profits here and there, but right now if I sold i would blow,so if i'm going to blow I'll blow the lot,I've believed in the concept and product since day one,so its my call and i'll go down singing!! GOOD LUCK to all holders. Cheers.