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

Blanche, Surely Lewis Hamilton driving?!

Don't worry lads, all the management are working extremly hard and have been for weeks, testing and testing again these new Starpol 4000 golf tees.

K, Surely anybody is better than Granny, in theory thats what weve got now.

Lol Jim

Blanche, couldn't agree more; you should've seen my Granny drive!

BLANCHE
i'm into (SEO) for alot and i will be there to the end long trem this could be away in for the big boy........ at the end of the day you have to lol about it all.......... don;t play if we can;t lose did we think they were going to give as all money so we could all sell and go on hoilday

Micky
Iam in the same boat, brought at the start, on the way up, on the way down. now probally going to buy again on the way up. Always thought this would bottom out near 1p so not far off this morning.
Got to nip out check out board again later.

Good result then NOT

jimward9
They can have Starpol 10000 but until we get orders this pig isnt going anywhere if they never get orders then the Starpol can biodegrade in the scrap yard.

Gordon Brown hasnt mentioned stanelco once yet LOL.

Could not resist the fact that I could make a profit on my last purchase (not overall!) so have reduced my holding to 500k ftb. Good news will see me putting cash back in but until the Stanelco view that "Although there may be further challenges ahead" and, "following our strategic review we believe that Stanelco is well placed to maximise opportunities to
commercialise its products." becomes more the latter than the former plus there is more clarity concerning "The Board have made provision during the year against the estimated liabilities associated with the strategic review. This provision of 709,000 includes
estimates of costs related to the departure of Directors and employees and also
other operational obligations. The Board considers that disclosure of more
detailed information would be prejudicial to the business in concluding these
matters.", then I shall just sit tight.

Landfill tax up 8 per tonne, says Gordon, to appease environmentalists and give some hope to the beleagured masses of SEO investors.
Corporation tax down 2%. No effect at all on SEO, but the rise in fuel duty and raod tax will hit hard on the fleets of Bentleys the baord drive.
Thank God there was no VAT added to flight tickets, as the tories wanted.
None of us can afford a holiday on these reults and it would worsen the SEO financial position as due to the directors fact finding and sales missions to sunny climes during the cold winter months.

No increase on spirits for the boardroom, SEO have imposed their own tax on our spirits!

seen it on some shares but first time on seo, a one share sale.

Their nerve didn't hold like some of us !!!!!!

:0)

surely SEO should have been liquidated by now?

surely you should have been by now !

Are the two new factories in US finished? started? did i miss it, hope they spend the 5.million they raised for that purpose on building them and not just to pay the wages

Erm, factories not started yet, staff too busy playing golf.

KIM
i have sent them an e/mail, see what response i get?

Small chance!

I am still awaiting a response to a query I Emailed to Financial Dynamics on 26 Feb.

And that is despite 3 chasers to Sarah at SEO on 2nd and 8th March (I was away for 10 days) then 20th March. All of which produced replies saying they would get FD to reply to me. The one of 8th even stated Financial Dynamics would be discussing it with Clive Warner the next day.

Sarah now away but Andrea dealing with her stuff - OR NOT !

I have come to the conclusion that SEO think Financial Dynamics should reply to all emails and F D think it should be SEO, hence no real replies!

From the accounts:-
"There is considerable demand for Biotec's range of products. However, the pace at which we can deliver these products is currently being influenced by a shortage of one of its core ingredients, PLA (polylactic acid) resin. The Company is pursuing several options to obtain further material and is also trialling alternative materials. Until such alternatives are in place, there
will be some delay with investment in manufacturing facilities in the US."

Or put in another way:- "We are very grateful to shareholders for putting their hands in their pockets and giving us loads of their hard earned, which we had pretended would be spent on manufacturing facilities in the US. However we have been anticipating and awaiting the open skies accord which we realized would ease restrictions on travel between Europe and the US and so we could take advantage of the lower air fares to fly small quantities of our material (as we cannot get hold of large quantities) to and from the US, whilst taking advantage of their superior golf courses to test our bio golf tees."