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

do not think loi's are dead at all, but will be subject to either EGM finanacing approval and/or starpol 3000 fda approval

A gentlemanly disagreement. What a refreshing change!!
I think the investors have seen something damn good, otherwise why catch what they would consider a falling knife.
One of us will be right (probably) and if we ever find out, what do you say to loser buys winner a pint???
Alan

Alan,

Agreed - and I sincerely hope the drinks will be on me.

At present, my pint looks half empty, yours half full!

I will happily buy the winner a pint - cos both scenarios are winners in my book.

I once thought that we would get news after the closing date for the issue and before the EGM (ie they have got your money - but want to minimise any hassle at the EGM from disgruntled shareholders - and I do think from what I have heard that this will be a lively meeting).

However - as seems likely, the contracts will be dependent on the vote at the EGM - so isnt it just possible, that after announcing the vote (and assuming it is positive) - that they announce new contracts to dampen the ardour of those who want to complain !!

Otherwise - the crowd could turn ugly.!! - thinking about it - they weren't that pretty last time

Just a thought

Are you implying that the shareholders are revolting, Baza?????

They were - and they will be !!

Yes bhunt I agree. Rumour has it no glasses or plates or bottles at EGM. Just Starpol 3000 like bottles and trays that don't shatter when lobbed on stage.

hewittalan6
Alan, i am amazed that SEO couldn't awnser your question about LOI still existing, all they had to say was yes(if they still are) no secret, but i think i will leave it there

For the sake of clarity, the exact question I asked SEO was;

Can you please confirm that these letters are still valid, or if they are not, why the market has not been informed.

Alan

Yes it's good to have disagreements,without any back biting. Good posts of late.
Heres my take for what it's worth.

LOI's...Not dead as they were LOI's for the sole purpose of intending to sign future agreements (contracts) if certain conditions, also already agreed are met. It would be impossible in a business sense to sign an LIO not being fully aware of the aforesaid conditions.

CONTRACTS.... Cant see how these could have been signed, for two reasons.

1 If contracts signed, they would/could be used in place of the LOI's, so LOI's would not have been required, re the funding.

2 If contracts signed, they would have to have released an RNS asap, as this would have had dramatic effect on the sp.
They would imho have no chance of keeping it quiet.

Of course only time will tell.

make sure your in ERX before 25th ;-)

Good posts Oblo.

For those that are interested

The EGM is at the offices of Teather & Greenwood Limited, Beaufort House, 15 Botolph Street, London, EC3A 7QR, on 6 November 2006 at 11.00am

Once the FDA approval for Starpol 3000 is announced, and financing is in place, the contracts will follow. That's my simple take on the situation.

"build it and they will come".........

Tweenie is Kevin Costner??????????????

Anyone had the open offer letter through from HSBC InvestDirect yet? They will only let you process it online with details from letter that they post out and I have had nothing from them.

Gaz

A northern Kevin Costner???????

Verily, the mind doth boggle...........

Asda just advertised bags containing Asda shop goods on national tv!!