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

I think we are all bloody mad on this thread including me I topped up yesterday say no more!!!!!!
When I said 150p with in two years I meant 1.50 not .015 still a few more months to go before you can all shoot me.

If our stockpicking is anything to go by, we'll miss.
;-)

There is an RNS from SEO trying to clarify the Sphere press statement

Perhaps I'm tired, but, still lost!!!!

Statement re. Press Comment

RNS Number:8711J
Stanelco PLC
03 October 2006


Stanelco Response to SPhere Press Release


The board of Stanelco plc ("Stanelco") wishes to clarify statements made in a
press release by SPhere S.A. ("SPhere") yesterday concerning Stanelco and its
joint venture subsidiary Biotec Holding GmbH ("Biotec")


Stanelco believes that SPhere made the announcement to allay concerns that
Stanelco would be transferring Biotec's intellectual property to third parties
in the United States ("US"). As previously announced, Stanelco intends both to
optimise the Biotec facility in Germany and to proceed with the exploitation of
Biotec's technology in the US.


Stanelco's announcements of 17th August and 8th September do not refer to
licensing in the US and Stanelco has several mechanisms open to it for forming
joint ventures in the US. Stanelco has certain rights, agreed with SPhere,
enabling it to compound Biotec materials anywhere in the world including the
establishment of manufacturing facilities in the US.


Contact:


Martin Wagner

Chief Executive

02380 867 100

Oblo, you beat me to it, just!

Well, thats cleared that one up!

Words such as clear, mud , piss-up and brewery spring to mind.

I think what it means is...........Sphere are just as bad as SEO with RNS'S!
kim

where the MMFs that were to be JVs not licensing agreement then? what have I missed?

Confusion reigns.

The Sphere statement said 'Stanelco PLC is no longer planning to license ....'
which implies that they were but have changed tack. If that isso, why doesn't the RNS make it clear?

Was licensing the IP part of the JV deal? If so, were the letters of intent based on the licensingof the IP? If so are fresh negotiations taking place which now exclude the licensing? If so are they likely to succeed?

Theres a bloody good book/movie in the SEO story of the past few years somewhere, forget Enron!!! It gets better.

LONDON (AFX) - Stanelco PLC said it has several options open to it for setting up joint ventures for the compounding of biodegradable resin in the US.

The company was responding to a press release by Sphere SA, its joint venture partner in the German biodegradable compound maker Biotec GmbH.

Commenting on Stanelco's plans to compound Starpol resin in the US, Sphere said it had received confirmation that Stanelco would not license Biotec's intellectual property to its proposed US joint ventures.

Stanelco said it believes SPhere made the announcement to allay concerns that Stanelco would be transferring Biotec's intellectual property to third parties in the US.

Stanelco reiterated that intends both to optimise the Biotec facility in Germany and to proceed with the exploitation of Biotec's technology in the US.

It pointed out that its previous announcement relating to US resin ventures do not refer to licensing in the US.

'... Stanelco has several mechanisms open to it for forming joint ventures in the US,' the group said.

It added that it has certain rights, agreed with SPhere, that allow it to compound Biotec materials anywhere in the world, including the establishment of manufacturing facilities in the US.

newsdesk@afxnews.com

ak

Put in a slightly different way. No clearer though, who is trying to pull one over the other?!
kim

Sounds like this has the makings of another Court case......

TR if it wasn't so serious I'd laugh

Tony, you do seem very relaxed about SEO; following our visit it seems to have been nothing but muddle from the mgt. Do you know anything more to make you retain confidence that the mgt. do know anything about what they are doing?
What also puzzles me is, if their products are so good, how come a rival hasn't decided to pick up the company on the cheap?

The way it looks to me is that Sphere want part of the action when SEO sign on the dotted line; well its only fair in love and war.

Sharesure.
I know nothing more than we did a few weeks ago. In fact I have been away and largely 'out of it' (the discussions, not the share) for the last 3 weeks so have not been wound up by all that hasn't happened in the period, or the many who see nothing but gloom 'n doom.

I am getting frustrated at the lack of clarity in recent announcements, as much as previous ones - quite different from my impression when we last met.

Hi all

Just got in from my day's chores.

This is from Sylvia Leavey re the Price Monitoring Extension:

"Regarding the Price Monitoring Extension, the announcements are an automatic part of the London Stock Exchanges trading system. After the market closes at 4.30pm there is a five-minute auction to close off outstanding orders. If the auction process would result in a price that is more than a pre-determined percentage above or below a base price (the base price having been calculated by reference to prices during the last ten minutes of trading), the auction process is extended for five minutes, and a price monitoring extension announcement is issued, allowing the market participants to adjust their positions. A second extension can be made if the situation is not resolved after the first five minutes.

For further information view Guide to Trading Services on the LSEs website. Price monitoring takes place for about for 2-3 stocks per day.

I await advice on the AFX announcement.

Best regards

Sylvia

I understand what happened a little more now, but it does worry me that this was triggered by somebody trying to settle the price of the shares too much higher or below the average of the last 10 minutes trading, especially that it happens to only a couple or so stocks everyday.

The oily one

I am e-mailing the company again to get further clarification as to what precisely the RNS and AFX releases today means to us PIs and whether it enhances its negotiations with the companies from whom they have exchanged LOIs, or whether it makes more difficult and therefore delays the day when we achieve a positive cash flow.

I cannot honestly say I understand it and nor, it seems, do most of you on this board.

The oily one

Slightly O/T

Is anyone here a member of Paulmastersons site?

I'd be interested in his take on things of late but find I can't access his forum, seems a tad strange that he goes into hiding now after all the years suckering folks to buy here.

Does he still believe in 35 per share etc or has he thrown in the towel?

Can really see legal action coming his way soon but am still interested in his thoughts.