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

It's simple don't eat the wrapper!

As for the argument that it will decompose into the soil and effect new plants.
WELL THATS PLAIN COCK>
ask a scientist.

extract from alans post: re gm

Starpol 2000 is currently made as a polymer in Germany, however as sales grow franchises and joint ventures manufacturing plants can be set up where ever the material is required.
Tate and Lyle have recently purchased the Hycail PLA pilot plant in Holland and will, in the fullness of time, be producing PLA from non GM stock. Others are following. Stanelco is talking to these companies on a regular basis. Whilst GM is a major world issue I believe the way to change things is to work with companies to change and by increasing the use of PLA world wide more factories will be built and non GM crop will be used.

' Afternoon all

Been a bit busy of late.

Just a casual observation as a result of research I and a couple of investing colleagues have done recently.

I am pretty sure that if a major retailer wished to have their packaging in GM free material, without relying on the production process to "remove", or whatever it does to any traces or residue of GM material in the ingredients, then I am sure that it is not beyond the wit of man to have a factory that supplies only that retailer.

This would certainly apply in the US. And further, if company producing Starpol under licence had the space, they could easily split the factory into two areas if the situation demanded it - one area GM free and one not.

Having carried out our research, I am probably more confident in the future of this company than I was say three weeks ago and whilst not adding to my holdings, I am not selling.

But as soon as there is a contract, and I believe there will be one quite soon, with actual - meat on the bone figures - then I shall be robbing the Bank of England to get my hands on some more dosh to invest.

The oily one

Biotec already produce a GM free material: Bioplast GF 106/02

http://www.biotec.de/engl/index_engl.htm

No doubt if the demand for GM free boiplastics is such then the volumes we're expecting from Starpol would dictate that Natureworks could source GM-free material with negligible impact on the cost of PLA.

The fact of the matter is Sainsburys will not use Starpol which has been derived from GM crops as they have an anti GM policy and I they will not make an exception for food trays.So somebody from SEO needs to go and SELL THEM the idea of GM free starpol, how difficult can that be?

Sainsburys policy is based on what their customers want. their customers are, by and large, if slightly higher in the social pecking order, the same ones as Asda. if the Asda GS / Starpol reports are that customers favour it, and would prefer biodegradable with GM links than degradable without, then Sainsburys will change their policy.
I think it fairly safe to say that all the supermarkets watch each other and a succesfull trend in one, will be replicated by all.
Alan

Sainsburys distancing themselves from GM materials (even if destroyed in the convertion process) could by a policy not to encourage GM crops in the first place but more likely not wanting to get involved in selling controversial products.

If so why do they not boycott other crops that are proven to be harmful to its customers - like tobacco? After all this is also a very low margin yet comparatively high value item that requires higher levels of security in storage and display.

Is the word that springs to mind spelt with a Y or an I as it's second letter?
Probably Y as otherwise it appears to suggest horses.

Agree with you MadPad, SEO should be straightening them out - and fast.

SEO need funds and fast. This really looks like the last chance saloon for a number of promising ideas and projects. High cash-burn and failure to deliver revenue streams and profits has so far taken its toll and its a pity for so many who have buried their heads in the sand for at least 9 months, I have to admire some people still content with the situation. The 12-month 200 machine deal exclusively for Asda was a poor deal which held SEO back and showed lack of knowledge of the markets. Some other reasons for failure with Greenseal could be:

1. Not enough packhouses dedicated to Asda with funds to purchase 200 retrofits.
2. Not all packs can be down-gauged to single layer films to provide total benefits
3. RF can be a slower process than some exisiting packing machines
4. Pack-houses would not take machines out in peak seasons.
5. Not enough trained engineers to cope.
6. USA mainly uses PP lidding which cannot be RF sealed?

If a finance rescue package succeeds then they have to focus on delivering a deal with profit streams rather than chasing several possible sales avenues. Starpol or Wrap are the most likely to generate sales with large companies and there is a possibility that they are so close to something good but the problem is the cash is running out. I personally would wait the cash-call before investing but despite SEO almost becoming a basket case right now it just might be worth having a few SEO shares in your basket over the next few months!!

Yes, you know I am out and have been since 21p despite being an initial advocate of SEO and Greenseal potential, I was honest on this board when I sold out and said that I thought market would not like the delays, I was right but am not here to gloat, I never expected it to be this bad.

I hope that finance is put in place to keep it going and yes, I am saying that there is every possibility that some good news is so close to fruition that when all is clear that finance is in place to provide at least a years work then it might be worth investing again.

Good Luck all those who still hold.

I've been quite for a while .An interesting few days reading, old names crawling out of the woodwork with hammers in hand ready to nail down the coffin lid , opinions, opinions and more opinions,all based on very few facts, doom and gloom and quite frankly, as far as I'm concerned , a right load of old cobblers because at least 90% of the posters over the past few days have absoulutely zilch knowledge of what is actually happening behind the scenes and have based their posts on either panic , the need to gloat or the odd word from someone they know who happens to have a vague connection with the packaging or supermarket industry

The above post is a prime example - sorry andy but considering you are out your post does gloat and is arrogant and condescending beyond belief. You talk as if the fat lady has lost her voice, but I can still hear her singing and and dont expect her to stop any time soon!

There has been some real research going on behind the scenes some of the results of that research have come my way and convinced me that SEO are going places.

Some may have the jitters because funds are at present low, but with several products that have the interest of some of the worlds largest companies , a few hundred thousand or even a few million is a minor problem, this is too big to flounder on such a tiny amount of cash - it is too important to the interested parties for them to allow that to happen.

Most of us still in have not remained so because our heads tell us this is right, we're still in because we know in our hearts it is right . We know this is going to be big, however rough the ride has been. Thats why SEO attracts the most posts of any share on the BB's and why the shares are so heavily traded.

We're looking at at a fledgling Microsoft or Tetrapak here - those of us still in, committed and confident know that -those others of you will realise it too late. This company is going places.

OBLO.

Agree with you.

Any one of potentially several imminent deals will transform the SP as well as the BBs !! I doubt that those who sence or know this will be gloating back, they will just be pleased their patience with their investment will be rewarding them in a once in a decade manner.

Sure there is a possibility it might not come to fruitition, but I very much doubt it.

Sleep well - I do!

Amities /. which does go to show that hope does spring eternal. SEO is flirting with no-one but the administrators which considering cashburn need not prove a bad thing in that they will be afforded protection from their creditors .. .But those of you who bought @ the 3/4p level { and there were many } and didnt sell while in the 20/30p parameter were either extremely greedy or patently ignorant of the mechanics of the market . .and perhaps learnt a good lesson . ALWAYS play the percentages and take what the market offers you .....@+ J

l havent read this thread for ages; but it seems the VERY SAME issues were the ones being debated when i posted ayear or so ago.. Nothing seems to have happened @+ J

It would appear they tried to be a jack of all trades and ended up as master of none.

I would expect the price to fall further now, they are in serious trouble and raising money in this state is not easy.

Could be some salvage via a cheeky takeover bid coming in, but the price will be near the market rate at the time (as the situation is dire in the finances dept, they might have to accept it).

I would therefore either see a takeover big coming in at a cheap price to ease their pain, or a highly dilutive issue of equity, or a highly dilutive loan shark deal.

These tech plays are like this, they need to be finded for 5 years before emarking on these missions, it allows for problems of this type. I find it amusing that RHPS said to sell SCE some 2 years ago as a no hoper, but buy SEO, and it appears now SCE is just flickering on the making revenue grow side, as SEO starts to near going under. Ignoring the SP movement which on both is dire in the past months, Tom got it wrong I think in terms of commercialisation.

To invest in these high risk techies you have to be prepared for the rough times, but as far as I can see the rough times are going to get very rough in the weeks and months ahead, good luck for anyone wishing to hold on. I got in recently at 15p and out at 12p when the Starpol deals did not appear to be coming, in hindsight a good move.

I would guess a lot more people will be looking to sell in the coming weeks, in this state they are not going to be getting deals or contracts, as everyone will hold on now to let them suffer, so they can get better prices for their deals, this will add to the problems, if you know your supplier could go into admin, you do not place orders on them, simple as that.

TFC,
the same issues are being debated, you are quite right. But only by BB posters. SEO are not debating them. They appear, from research, to have a very clear idea where and when cash flow is coming. They have been very badly managed for some time, that is true, but the leopard appears to have changed its spots.
They have gone from a company with good ideas, and no corporate sense, almost run on a nutty professor basis, to one with commercial acumen, and massive industry support.
Has it happened too late? Maybe. But it has happened.
As for funding, takeovers, cash burn and liquidation. I raised the idea of a weakening bargaining position a few weeks ago. When the Asda extension was signed I asked if it were to starve SEO of revenue in order to get better terms from a desperate company. I now realise this was not so. Asda want SEO to succeed as much as we do. My information is that Asda are one of several big boys who have invested very large sums in terms of time and effort to make GS and Starpol happen. These people do not hang there hats on a peg marked bust. They nurture, help and make certain there can be delivery from anyone they choose to deal with, if they want the product.
Asda need to get on the green customer case quickly. Tesco have launched their carrier bag initiative (which i think is a bit of a gimmick and will be short lived) and Asda must respond with their own green initiative or be left behind. I know they have launched the local produce bit and the recycling bit, but no great trumpeting of them and no real customer involvement. They need that bit next.
I have no great worries with SEO. The fundraising may cause a short term dip, depending how it is done (if it is done at all) but the mid term looks very bright on the noises I am hearing.
As usual WTFDIK and DYOR. And just for the mischief makers, this is only my opinion, I cannot back it up without getting into big trouble and I would not encourage anyone to invest based on what I post.
Alan

I sent this email to Tesco's. Has anybody got a theory why the wrinkles shop on the busiest times.

The traffic at my local Tesco store at Bognor Regis at peak times is gridlocked and the number of over 60's customers who shop at these times is large.These customers are mainly retired, so why they shop at peak times i don't know [ how about you doing some market reseach ] . so would it not be a good idea to offer people who shop off peak extra club card points?

Have been continuing to read the thread because although I was personally stopped out yonks ago, my share club still has an interest (before I am accused of posting on a thread I do not hold shares).

I have to admit that I am astonished at the continual bullishness of most of the posters and even more so that anyone should top up at these low levels. SEO have already stated thay they will be considering a Public Equiry Issue to raise working funds. There is no way that this issue will get off at the current SP and if it does happen, somewhere between 2.5p - 3.5p. Taking into consideration the aspect of dilution, why buy now? I hope for our sakes that additional working capital is funded by some other method.

Personally I do not view Andysmith's comments as gloating nor condescending, seems a voice of reason amongst the misguided optimism, the optimism that has prevailed all the way down from 30p to 4p. There is a real danger that SEO will go bust if working capital is not arranged and arranged quickly. Notice that 'Public Equity' placing was mentioned, not institutional. I doubt any institutions would be interested after the previous placing at 8p (ish).

Your comments Oblo re remaining in with your heart rather than your head, sums up the thread. Never fall in love with a share. The reason there are so many posts on this thread is purely because there are a hardcore of posters who discuss the same stuff over and over again.

I hope SEO do survive, personally I am not convinced they will. However, if Greenseal et al becomes a commercial possibility, at this price they may become an attractive acquisition for a company who can afford to progress the commercalisation.

Finally, it is never to late to invest in a stock. SEO's day of rocket type share performance have come and gone. The sensible thing to do now, is wait and see, if contracts are signed, buy into the strength of a rising SP.

Good luck to all holders. I think we might need it.

pth

With only 300k cash left at end of April, the situation then appears to have been more dire than it is now, yet no RNS as we've just had.

Could it be that SEO had already secured funding around December? OR is the current, informative update a sign that the new FDA is perhaps a bit more forthcoming with telling it as it is.

The letters of intent from two of the six or so JV partners IMO are essential for the securing of funding as they amount to a potential contribution of ~8m p.a.

Lot's of pants being talked by all across all the bb's.(including me)

For those of us that hold, well we made our beds and have to sleep in them.
WE ARE LEGION.
lol

Tweenie, the originators of the phrase "we are legion" wound up drowning at the bottom of a lake, trapped inside a herd of pigs (see Luke's Gospel, ch. 8 vv 26 - 39).

Is this your strategy or are you, like that other Legion, closing your eyes to the risks and following along with the herd? :o)


I have to say I thought Andysmiths's and PTH's comments were very objective.

For my own part, I remain interested in SEO as a potential investment, since I readily agree that the concept and product offering are potentially very lucrative, and I feel that one overplays the negatives at one's peril, since the company is clearly capable of becoming a winner if it fulfils its stated aims. I am not, however, prepared to overpay for the stock and given the company's record of - how should I put it? - not quite delivering on the expectations it raises in a timely fashion I would rather wait until either the SP becomes a screaming buy (NOT at a market cap of 40 million and with a fundraising in the offing, sorry!) or the flow of recognisable revenue becomes a given.

Just IMHO; I respect and welcome everyone else's opinions .

Pete, thanks. Oblo, read the post in the context that it is meant plus my others and you will see is that I only post things as I see them, it doesn't mean I'm right and for your info I have worked in the packaging industry for over 15years.
I got this one right (almost), should have sold at 30p but hey, I still believed and got greedy like many others. I saw delays and as TFC points out, the mechanics of the markets happen whether you like it or not and that and only that made me sell expecting to buy back lower WHEN SEO finally got things moving as I still expected it to come good. The problem is that delays have been more extensive, cash has been used in abundance and I haven't been confident to buy back in until there was more meat on the bones in terms of revenue and profit projections.
SEO are now being more open with the investment community, they have no choice and if you read with an open-mind my previous post you will see a subtle clue that WHEN the re-financing is secure and with the re-structuring in place that they are probably close to fruition with some good news that will see them firstly survive the immediate cash-flow problem and then start to generate revenues.
I stick by my comment that maybe SEO is now a basket case, they have burnt millions of pounds in 18months and got nothing back and are very close to going under. If you research SEO you will see similar shit in early 2004 but then they had sod all potential, today is a different story, the potential exists it just needs to be focussed on and managed properly and if it is then 3p could be a good BUYING opportunity for the long-term future. I await the re-financing details and then I may buy back in as I believe they are possibly close now to delivering something for the investors who have suffered over the last year either accumulating losses or watching profits slip through their wallets. Thats all I have to say for a while as this thread does become bitter and twisted. Good Luck.