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

Tonyrelaxes if I had the time I would certainly be doing a lot more to remove most of the SEO board starting with Warner. What they need to do now is come clean on all developments and progress, Greenseal, Starpol, ciggy filters etc. What we need to know is what is in the contracts they have been harping on about for the last 2 months. If it is anything other than substantial I think they (and us) are all f'---ed anyway.

We need to know the truth re. ASDA & Greenseal and Starpol, who is taking it up and when.

I've learnt a lesson from SEO and my new policy is not to go overweight in my portfolio on any one share unless it is a) already profitable and b) growing fast enough.

Not sure about SOLA but like/am in RCG.

As to board changes, I am increassingly suspicious of the emotional values Howard White must bring to management - he is major beneficiary of Age of Reason holding, takes no salary and runs US. Sounds like the whole IP venture could have been his initiative way back (complete guess) and, quite likely he acts like a force of nature (no criticism implied) and confuses his financial interests with good management (criticism implied).

Needs a really good professional CEO and FD to plan 3-5 years a head and WATCH THE CASHFLOW which is the most common cause of new fast growing businesses failing.

sd

SD, I agree your last line in particular - it could be that the sound of heads rolling does more to cheer the SP than anything else.

It's almost worth buying a few shares on certificate in order to be able to attend the EGM/AGM and just watch what happens. I'll make sure I turn up in a suit (of Kevlar riot gear!).

SEO was a hype-up share especially by Shares magazine initially when it was 15p. Nowadays I don't quite trust the articles in Shares magazine as I been caught by their advice several times!

The shares magazine article today on Stanelco is the worst I have seen on a company for many a year and has upset me greatly.

In my opinion they seem to have an agenda against the company!

So is that it...
are the dreams of a 1 party within 3 years gone?

hlyeo98
If all had gone to plan then 15p would have been cheap, at a 1p it could go either way for what its worth I think it, we will survive to see better days from SEO onward and upwards, Ive said that some where before?

hlye I agree SHARES MAG IS THE BIGGEST PILE OF CRAP YOU'RE EVER LIKELY TO READ, almost as good as read as TOM BULLFORD'S RED HOT PENNY SHARES!

Agreed about Board changes due and what could be needed. Also I get the impression a really firm Sales/Negotiating Director would not go amiss.

The Company has great ideas, patents, is innovative in these fields but woefully lacking in resentation and delivery.

Howard White's background was corporate recovery before he got involved with SEO. SEO needs those talents more now than when he arrived!

I agree that due to his connected shareholdings he probably is considered more like the boss of a one man band than just for the duties he purports to carry out.

But what we need is a highly skilled and motivated TEAM with individual abilities covering all diciplines. And more prodding from shareholders!

greekman, confidant, that was pretty much my point. why not wait until everything has been completed and then release an rns? truly shambolic and very typical of seo. when you consider the ip this company has and the huge amounts it has raised from previous placings, the mess it has created is astounding.
sd, if we're talking about lessons learnt, then for my part i consider seo as a great lesson in not falling in love with a share, that you need to be cold and cynical.

it might be that they issued the statement following the slagging by Shares Mag -- not seen the report but apparently says co going bust -- this could be enough to spur the comment

I suspect at this moment, SEO are damned if they do and damned if they dont , issue an RNS.

They are currently in a no win situation until they have some positive news to tell.

I want to see details of funding and details of contracts - otherwise I dont want to hear from them

please note that it is Howard White who runs Stanelco from behind the scenes and he is totally to blame for the whole mess, he was advised many times by advisers to do things differently and he did not listen.

the last paragraph in shares today i feel is offence to people that want to invest in the company as it is there money they can do what they want with it but for someone in a respected mag to call people dumb is going under the belt the last paragraph reads to all those that have not seen it " an emergency fundraising will soon take place,but surely no one will be dumb enough to bail them out.the only direction seo is moving downward"

Since Shares Mag is still shorting the stock (p43) it's scarcely surprising they said that . . .

So is seo going down the pan?
is the 1 a myth?
Yes the board of SEO (or al least some of it are W@@kers, Yes, there are others with vested interests to drive the sp down and buy up cheap. Yes there will be a dilution and possible funding from elsewhere.
But the bottom line is , do you believe seo will come good?
answers on a postcard or fag packet, please.

well , I believe it will recover. Can't see any point in shorting this further.
When SEO release some positive news re these letters of intent then sp will go up
How much? WTFDIK?
depends how much money seo borrows from elsewhere.
2 mm plants will turn this company around PDQ.

Tweenie
Will come good? Dunno.
Could? Yes,
but changes needed - unless a BIG contract is signed PDQ

1 is a myth..

1p is the reality...


and one expensive lesson of not having a stop loss...

Makes one wonder if they have a decent product, either. For it seems odd that (even) a so-so product could be nurtured by stupid management - why stupid?, Well, because they bought shares at 3.2p a couple of years ago ( during an earlier slump) and have little to show for it. Has anyone actually seen the SEO products (even a lash-up), or are we relying upon the Execs telling us how good it is?

Well a ( private) fundraising at 0.8p puts the lid on my interest, having invested at 1.6p I feel a whole lot better than folk who invested earlier at douuble-figures (you know who you are).
I think the decent thing to do would be a Rights Issue - at least it would dull the pain of Dilution. Where did the 3.6m go from June'06 fundraising?

Such a shame that UK Execs don't have to pass a test of competance....a bit like a cycling proficiency - at least you believe they knew which way to ride the darn thing, eh? Anyone investing (Institution-wise) will almost certainly want to cast out the rotten core of this operation, so short-term pain but ultimately....?

Arrgh. The wait is nearly over, just a short walk in the morning air and the axeman will have his purse. I hear it will be raining, pity.