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

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.

STANELCO (rumours of a rescue rights issue at 2-1/2 pence)

"3months of cash left" does not bother me much as one contract will see this past 20p. It was in good interest that SEO had to come out disclosing their cash balance. We will see funding pretty soon and it might be at 2.5p or 3.5p. There are lots of other companies that are running on low cash balance with no future revenue in sight. SEO right now is not for the weak hearted.
As bold trader n cynic mentioned and i support their views. If it goes down then we will put this as part of an experience but i doubt it. " SEO will come out laughing out of this area soon."

Aldwickk,
Yes it looks like just a rumor, so why help spread it.

Were are all those posters who post all day long ? now that there is a good reason to post [ rights issue rumours ect, large share price drop ] there is no sign of Alan & co.

Not clinging to straws, cynic.
I cannot possibly divulge the information I have gathered over the last few weeks, but if only 10% of it is correct, this company will do very well.
The case for staying in is very clear to me, though I would never urge anyone else to, or to get in for the first time, or boost their holding.
Yes there are ifs and buts, and it is a gamble, but all investing is. I just feel, with that info, that the odds are firmly on my side.
As usual, WTFDIK and DYOR.
Alan

aldwickk
No but there's you and cynic who can talk to each other all day long, sad springs to mind.

I apologise, Aldwickk. You obviously miss me so very much.
I have several computer screens around me and I cannot devote every minute to SEO, but I was writing my post as you wrote yours.
If you are that convinced, how big is your short?

Greekman,

90% of what is posted on this thread is rumour and speculation.

Driver,

I would be very sad if i held these.

Alan wrote,

I cannot possibly divulge the information I have gathered over the last few weeks, but if only 10% of it is correct, this company will do very well.

Then he says,

I would never urge anyone else to, or to get in for the first time, or boost their holding.

Does not make sense, if he says SEO will do very well, then why say don't buy when the share price is so low. shall i wait for rights issue at 2.2

Aldwickk,

Yes very true. I don't post unless I believe it to be fact, or if speculation or opinion I state as much. Please don't think I was having a go it's just that most of these rumors are started by rampers/de-rampers who rely heavily on the said rumors being spread. They have their own agenda.
As to Alan's post.... I often state (again opinion) that I think a company will or not do well, but I also don't wish to advise punters to, buy/sell or hold although I do sometimes click on the buy/sell or hold icon as that is again showing what I would do.

Lets rephrase it for the benefit of the hard of thinking.
I have information that makes me very comfortable with SEO.
I cannot tell you what it is and because of that I would not force my investment decisions on anyone else.
If thats too hard I can write it in the style of Janet and John. Will that be easier.

Aldwickk keeps writing how this company is going bust, and cannot survive. So I'll ask again. If you are so certain, how big is your short???
Alan

i have no position in this stock either long or short and dont intend to but why some of you have to start on a grudge against each other i cant understand everyone is entitled to they own view wheather you agree with it or not and should respect that.