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

LONDON (AFX) - Andy Bond will today present himself as the green ambassador of the British supermarket industry when he announces plans to host a sustainability conference later in the year, the Financial Times reported.

In a thinly veiled attack on arch-rival Tesco PLC, which has been running a high-profile green campaign over the past few months, the chief executive of Asda -- owned by US giant Wal-Mart Stores Inc -- told the newspaper that he was concerned that sustainability had become a 'flag-waving exercise' rather than a genuine attempt to help customers and the environment.

Bond said he was planning to write to all grocery chief executives to invite them to the Asda Sustainability conference to share expertise on packaging and renewable energy.

'It will be a better conference if Tesco comes along and acts in a pro-active manner,' he said.

'We don't want to quash competition but I do think that the current issues go beyond just competitive advantage. This is a moral issue and I think we should do more than just what is best for the Asda shopper,' he added.

Tesco and Wal-Mart-owned Asda have had a number of small spats about green issues, with Asda angered recently when Tesco made a big play about moving goods off the roads and on to rail.

Opinions on this one please.
Does it mean that Asda are looking to pick the brains of other supermarkets? Or could it be that Starpol / GS needs other supermarkets to follow suit to increase volume and thereby reduce costs. Could it be that Asda cannot maximise its use of GS /Starpol unless production lines that are shared by many supermarkets use it? Or is it simply that Asda want to play a game of oneupmanship, and announce to the world how hard they are working and how little other supermarkets are doing?
Answers on a five pound note to my usual address.
Alan

I think it's Asda playing a game of oneupmanship.
What we want is a nice little Eco green type supermarket war.
What better to get things moving Seo's way. Such a war will put immense pressure on all, to get new environmentally friendly products on the shelves.
I don't think any of the supermarkets care about such environmental issues, but if it means profits increase they will worship the issues like it's a new religion (the green god).

Posted on AD..FN,

It should be remembered that many of the staff have been paid off; where is the severance money coming from for the top execs?

Bit rich, Asda saying that they want the environmental issue to transcend competitive one up manship; their stipulation on a one year exclusivity deal has been one of the main contributing factors in the slow take up of Greenseal and therefore the reason that SEO is now so strapped for cash. I believe they should be prepared to bankroll SEO until some orders are received. How likely is that???!!!

SEO apparently recently shed 10 employees, of which only one was from the board {Terry Robins}, who is now involved as a consultant. Two other "interim" execs have been taken on to push forward with commercialisation.

I doubt the severance package for the non-execs would amount to a great deal.

TodaysFT."Waitrose and JSainsbury yesterday backed the effort by Andy Bond,Asda chief executive,to create a single voice within the supermarket industry on sustainability.............This is not an area where we should compete.....We can effect change and it should be together ,rather than just one industry operator running accross the line and grabbing the glory.................Asda hosted ..conference to share expertise on packaging renewable energy,soucing and other green issues." Exciting things ahead?Bought back in myself yesterday.

nice one MP.
I'm genuinely trying to stay level headed about this share.
It's been too much of a rollercoaster ove past 3 years.
That promised 'JAM' looks like it's been processed, packaged and on the way to the stores.
keeping everything crossed.

The future looks bright for all of us serious investors in SEO

It depends on your life expectancy!






8-)

http://www.foodproductiondaily.com/news/ng.asp?n=70239-stanelco-asda-greenseal-radio-frequency

From todays Gruniad

"Not to be outdone, rival retailer Asda last week announced that it is to sponsor the best packaging design category at this year's Green Awards. The supermarket has also committed itself to reducing the weight and volume of the packaging on its own-brand products over the next 18 months, and promised to stop sending waste from its stores to landfill sites"

Jimedward the 100 machines is not confirmed ,I have spoken to the journalist.The article has now been ammended.14.15 hrs

someone confident, just bought a 1000000

Auto no maybe just rich.What's 35K to the city boys..not much.

My money is going on Asda funding them until cash flow comes through. It achieves PR advantages for Asda on the 'Green' issue and helps demonstrate tangibly their support for a product which they were also meant to be helping get commercialised. Let's see who is right but there is a very positive tone around the company at the moment and I don't think that it can be explained away as bravado or 'head in the sands' stuff. We'll see.

Neither rich, nor a city boy - but I am confident, and I put more of my money on it
:-))

nice one Tony, but must say in my eyes thats rich & confident :-))

You mean there are people who were not confident in this one???? Surely not!!

i'm confident but not rich, no spare cash to top up with