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

Nnjoy yor travails, i cood sea u hve jusst gradyouated cos yuo carnt speel!Buy a few before you go, see if you can't push the price up for us old buoys.

Tempted to further invest myself against my better judgement.... Very cheap and so much potential. Don't agree with WM carrying SEO through their financial difficulties. Having said this WM could easily buy SEO with is spare change, bring greenseal into full production and then claim the glory of environmentally friendly super market responding to global demand!! Nah don't think so...

This is a post I have just made of FYB in response to someone making the same suggestion about WalMart or ASDA buying SEO.

Hi mbamick

Because Wallmart and ASDA are supermarkets and sell to retail consumers.

They are not business to business merchants which is what they would become - if they acquired SEO and had to market its products to its competitors.

Admittedly, some would say that would give them the edge over their competitors, but I repeat supermarkets tend to stick to their core competencies.

SEO would be a distraction for them.

And finally if things come to pass in the very future, as I believe they will, the SEO's price will rocket because of its potential and any buyer will have to pay for that potential.

I could drone on for hours on this subject, but fear it bore the hell out of everyone, except for the accountants.

The oily one

PS Besides, Howard White's trust own a lot of shares and he would be very hard to convince to sell given the companies prospects.

There was a time oily when supermarkets only sold food, not computers, car parts, mountain bikes, clothes etc....... Get the point it all comes under the retail catchment but there are also offerings such as credit cards, insurance and loans on offer too.... Gone is the day where supermarkets stuck to selling products as we've seen they have been entering the service sector for some time now. Maybe SEO would do well to apply for a Asda loan!! Ching, ching!!

Yea, but Explosive, all those products you mentioned are being sold to retail customers. None are being sold to other businesses.

Its called retailing!!!

The oily one

I've always been enthusiastic, and I still have all my buys, from 5 to 22, but talk of further trials is really getting me down. We'll be having talks about talks about trialling trials soon. For God's sake, can't we sell something?. I feel like we're back to square one. Re-assure me somebody!

perhaps the trials are for another supermarket !!!!

Bhunt1910,

I agree with you. That is how I read it, although the article release was confusing.

And perhaps we were too harsh on SEO over being a tad optimistic. My Asda source (remember that imaginary friend) told me the goods would hit the shops in early September, and he really should know exactly when. Now Asda are saying over the next 2 months. So maybe it was Asda who were in too much of a rush and too optimistic all along!!
Anyway. It still looks good to me.

Everything about SEO is confusing. Why don't you all get together and send a joint email to SEO for some straight answers instead of spending all your time speculating amongst yourselves.

Who says we haven't???

aldwickk
I agree, Im still holding but the situation is so confusing I cant be bothered to post any more basically all we need is orders and plenty of them, until that happens I will concentrate my thoughts elsewhere to save myself a headache.

Just spoke to the journalist re the 1st paragraph of his article and he confirms this is what he was told by Stanelco on Wednesday.The para. reads"UK based Stanelco will begin testing the use of its radio frequency technology heat sealing method with a food packaging company within the next two months,according to a company spokesperson."He also said to me that for a PLC they were unusually tight with information .

Mad Pad,

Thanks for that. As to SEO being tight with info, I would sooner that than the continual badly worded, often misleading releases.
Good job they are not a PR company, they wouldn't last a week.

Perhaps because of the shit thrown at them over previous press releases.
With hindsight the picture has a different look to it (doesn't it always).
Asda wanted GS straight away and signed up to have it promising lots of conversions. They did this without realising the complexities involved in multi production and changing the machines. This led to delays for which SEO took the stick.
Asda tried to muscle the packagers into what they want but it was simply impossible. SEO adapted, changed and altered GS to try and fit with it all. Now it all works Asda have had to relinquish exclusivity to get what they wanted all along. SEO have had their fingers burned by making promises that depend on other companies delivering and are saying nowt now.
Thats my simplistic view, anyway.
Alan

' with a food packaging company within the next two months ' thats not going to help their cash burn problem, they have less then 3 months cash left.

time to top up again- and this time I do not want to get stopped out

Topped up with another 150,000.

Pad (not so mad!)
Good move - IMO

See what I mean?