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

From iii

Walmart score card clearly shows starpol products

http://www.scorecardlibrary.com/sustain-caps.swf

follow the demonstration and on pop-up 14 or so starpol products are clearly identifiable in the biopolymer section ( and are the only brand name in the section )

Whilst I have great respect for Eric and his posts over the past year or two, his post number 22740 is really no different to other posts I've read over the last year or two. I've made similar posts myself at times, we all have.

At the time we made them, we believed them - as I'm sure Eric does now - but history now shows that we were wrong in our expectations and our predictions didn't turn into reality. Eric's is a fine post on the face of it, but actually means bugger all - like 95% of the posts here over the last few years, mine included - because he, like us, is trying to guess what is going to happen in the future. It cant be done. We just have to wait and see.

Eric says By this time next year SEO will be seen as a stable share, with a stable set of products, with stable contracts in stable markets.

How does he know this? He goes on to say What I am confident in is that Schroders do have sensible projections now or will have when they have completed their appraisal, reviewed the proposed contracts with the various Corporations and put the plans in place.

The point is, Schroeders bought in at a low SP. The SP doesnt need to recover much for them to make a profit. I believe it will recover, but I do not see double figures on the horizon, on the basis of what we now know. Schroeders could well sell out at 2,3 or 4p quite happily. I couldn't.

Many of us are averaging 12-16p per share, some probably higher. Whilst I can see Schroeders are sitting on a potential tidy profit, most of us have little prospect of getting out money back, and can only hope to limit our losses.

Eric says I am more likely to make money in that situation than switching my attention to a share that I do not know as well.

There is no doubt that we all know this share very well. But what do we know about it? What I know is that on numerous occasions, when the SP traded between 14-28p, we have thought there was good reason for optimism. Look at the sp now! Knowing a share also means knowing when it is a bad share. Thats what SEO is to me now. Im in because I think I can limit my losses, not because I think SEO are going to set the world on fire.

Two of the perpetrators of what I see as a massive manegerial cock-up have been shot at dawn, but I'm less than confident in those who have survived.

Starpol2000,Starpol3000,and Wrap100 (all potato starch) listed in Wallmart's scorecardlibrary.Now go on someone tell me this is bad news as well.

WE all know the potential.........
It's just the 'management---LOL' have gone about flogging it badly and ramping openly, upto now they've promised the world and delivered a mid week break at a travelodge in Norwich.
Now the silence might result in something golden , but it's also infuriating given that no update of any relevance has trickled from their offices other than to inform us that PI's have been royally shafted by the institutions buying in.
Lets hope its not the year 3000 before we get an update re some of their products/fda approval.......
:-)

Page now posted on nutters board ,post no 76846,worth a look!

Tweeenie, absolutely right and I don't think that we have got rid of enough of the Board yet. I do not believe in the CEO even though I've only had 3 meetings with him.

Potatohead- assuming your last name is head then i find it strange that your parents christened you "potato" -would have thought that "Dick" was far more appropriate

Wall*Mart inclusion of Starpol 3000 could indicate it has now full FDA approval.

Starpol2000,Starpol3000,and Wrap100 (all potato starch) !!!!!!!
I thought these were all corn starch ?

tony- reckon if starpol 3000 has now fda approval we would have seen a rns . Have left a message with Sylvia (SEO) to give me a call once out of her meeting to clarify

Jim

They can be made from any vegetable starch. This versatility is even better for local MMFs around the World as they can use whatever is grown locally.

MW said at the last AGM that they had tested producing from various vegetables. They had even tried peas - which actually produced better results.

Coconuts?

Robin

Well done, thanks. I am sure you will tell us the answer - if you get one!

I am not convinced they will issue an RNS on this unless absolutely necessary. Their policy now is not to tell much to avoid being accused of ramping.

The only reason i mentioned potato starch was, that some time back it was mentioned that some supermarkets would not use Starpol because of the GM connection to corn starch.
If it can use potato or other veg starch then, it opens the product to other supermarkets.
Good news?

Sainsburys said they would not use GM products.

SEO's response is that processing to produce the starch/Starpol destroys the GM "fingerprint" and it no longer exists.

Starpol can be made from non-GM vegetables although it makes it a little more expensive - presumably GM crops give a better yeild/cost ratio.

With regard to GM, does anyone know if there exists any constraint on using GM crops in the production of animal feed?

re directors Warner should definitely go but I guess there ain't go to be too many left soon. Warner has shown the highest level of incompetence possible in his short stint so far and he is more responsible for this mess than the couple of idiots that have already gone. I guess the only reason he is staying for now is the fact that removal of the FD in absence of any contracts would send the sp raidly south.
Also asked Duggan several questions when the sp was 8p'ish and his comment was that the refinancing was being looked at to deliver the bnest possible value for investors.... a subsequesnt sp drop of 90% and three times the no. of shares in issue...... boy am I glad Duggan didn't choose one of his poorer options!

Dawall,

Not sure if C. Warner had very much to do with the situation. His appointment was announced on the 13th March 2006 and his proposed start date at that time was 1st July 2006. Following that there were two trading statements focussing on the need for fund-raising {17th Aug. & 8th Sep}.

IMO CW most likely dropped in it and simply had to bite the bullet! Can't see how he was responsible for the level of cash burn, mis-information and general "apparent" managerial incompetence, IF he only started in July 2006.

Could you possibly mean Martin Wagner - CEO and not Clive Warner FD??

dawall. I am not so damning of MW as you - so far.

MW has been there just a year and 2 days now. In that time he has seen
the problems, planned their way out of them, recruited an FD who he
seems well able to work with. He has re-invented the way forward
(Project Foil) and brought about an amazing coup d'etat in getting rid
of the "Owner" /founder of the modern SEO and his technical wizz-kid sidekick. Oh, and he managed to sell SEO to the extent of 11m to Institutions who had been well and truely kicked in the nuts twice before. All in 357 days.

The coming weeks/months will show if he has been laying the way to get the products fully sorted, marketed and deals done.
I am waiting a little longer.........

EDIT - just realised you were blasting Warner not Wagner, assuming your finger hadn't slipped to the diagonally adjacent key! My views of Wagner stand.

According to FDA records, Starpol 3000 is not recorded as approved.