bosley
- 20 Feb 2004 09:34
archiveman
- 04 Jul 2007 08:46
- 24862 of 27111
I agree. Websites provide a really accurate picture of how a company views itself (and where it is going). The Stanelco website is an old-fashioned "brochure" website, not updated regularly, promoting no sense of vision ... which means the PIs are in for a long, uninspiring ride (probably downwards).
greekman
- 04 Jul 2007 09:02
- 24863 of 27111
On the product page, the Biodegradable airbags link have had the message being updated for over 18 months.
More recent (several weeks) the Frogwrap link is showing no longer available.
Will this be another 18 months plus.
Also why have the shareholders not been told why re Frogwrap, or have I missed it.
kimoldfield
- 04 Jul 2007 09:23
- 24864 of 27111
I think that the website is the most worrying part of this; it quite plainly states "this is a shambolic company, would you want to do business with us?". I cannot understand why they would start to make alterations, which when I saw them gave me hope that they were getting their act together, then halfway through they just abandon it. Maybe they have all gone away, after all, the Water Soluble Embroidery Film part has the word 'depart' emblazoned across it!
oblomov
- 04 Jul 2007 09:33
- 24865 of 27111
They're busy spending our 11 million quid - how can you expect them to have time to build a decent website!
greekman
- 04 Jul 2007 19:30
- 24866 of 27111
Appreciating that market volume across the board has been low (waiting the interest rate decision tomorrow) but even allowing for this, today must be the lowest volume of Stanelco shares dealt for many a year.
In fact the few buys that came in were on the back of the offer price being lowered.
Looks like punters are sitting on their holdings, just biding time.
Cant see much changing now till firm news either way.
garyble
- 05 Jul 2007 13:34
- 24867 of 27111
Did someone forget to turn the lights off?!
kimoldfield
- 05 Jul 2007 13:48
- 24868 of 27111
The switch doesn't work.
automatic
- 05 Jul 2007 15:18
- 24869 of 27111
switch gone, biogradeable
greekman
- 05 Jul 2007 18:34
- 24870 of 27111
But the management have stated the following on their web site regarding the switch.
This fixing of the switch is currently under review. Please be patient with us while we decide if we are going to repair it or not.
We are going to arrange an EGM, prior to either a placing or offer as we need to raise about 50 for an electrician.
At the present rate of share price depreciation, another 5,000,000 shares will be required to raise the full amount.
We have already approached three city banks who have looked at our equity rating,(Standard and Poor's) which is minus AAAAAAA, and rejected our offer of 50% of the company as collateral.
On approaching a Private Equity group re a buy out, they said they would get back to us after they stopped laughing.
SORRY but just could not resist.
tweenie
- 05 Jul 2007 19:03
- 24871 of 27111
RNS Number:7772Z
Stanelco PLC
05 July 2007
Stanelco PLC
Directors Dealing
Following shareholder approval of the Directors' Remuneration Report at the AGM
on 27 April 2007 Stanelco has today granted options to the trustees of the
Stanelco Plc Employee Benefit Trust (EBT) to acquire (by way of subscription)
103,846,154 ordinary shares in the capital of the Company for an exercise price
of 0.52 pence per share.
In accordance with the Share Options Policy adopted by the Remuneration
Committee the options are issued with the following performance conditions:
On the expiration of 3 years from date of grant, if the share price of Stanelco
plc Ordinary 0.1p shares is equal to 2p then 25% of the options will become
available for exercise. The proportion of options available for exercise will
increase pro rata up to 100% if the share price is 5p or greater.
The Directors and Persons Discharging Managerial Responsibility (PDMR) are
interested in these options.
Stanelco intends, in due course, to issue a letter of wishes in respect of these
share options to the trustees of the EBT asking them to consider appointing
these share options to sub trusts for the benefit of Mr Paul Mines his spouse,
widow, children or stepchildren under the age of 18 years old (in respect of an
option over 57,692,308 shares at an exercise price of 0.52 pence per share
lapsing 3 July 2017, representing an award equal to 200% of salary in accordance
with the Share Options Policy)and for the benefit of Mr Clive Warner his spouse,
widow, children or stepchildren under the age of 18 years old (in respect of an
option over 46,153,846 shares at an exercise price of 0.52 pence per share
lapsing 3 July 2017, representing an award equal to 200% of salary in accordance
with the Share Options Policy).
The appointment of these share options into the proposed sub-trusts is at the
discretion of the trustees of the EBT and further announcement will be made
should they choose to act on the letter of wishes.
Following this issue The Directors and Persons Discharging Managerial
Responsibility (PDMR) are interested in the following options
Date Granted Date Date option Option Ordinary Shares of
exercisable lapses price 0.1p each
Stanelco PLC 2005 Unapproved Share
option Plan and Stanelco PLC Employment
Benefit Trust
The following options are held by the
Trustees of the Stanelco PLC Employee
Benefit Trust for the benefit of all
Directors and employees
13 March 2006 13 Mar 2009 12 March 15.18p 10,000,000
2016
4 July 2007 4 July 2010 3 July 2017 0.52p 103,846,154
The following options have been
appointed to sub trusts for the benefit
of the following PDMR's and their
family
Robert E Duggan 22 April2005 3 Feb 2008 3 Feb 2015 10.25p 2,268,293
Harald Schmidt 22 July 2005 22 Jul 2008 21 Jul 2015 19.00p 5,000,000
In addition to the awards today, following a review to identify outstanding
obligations, Stanelco intends to issue a letter of wishes in respect of an
option over 5,000,000 shares at an exercise price of 15.18 pence per share
lapsing 12 March 2016 of the 10,000,000 share options granted on 13 March 2006
held by the trustees of the EBT asking them to consider appointing these share
options to sub trusts for the benefit of Mr Clive Warner his spouse, widow,
children or stepchildren under the age of 18 years old. The appointment of these
share options into the proposed sub-trusts is at the discretion of the trustees
of the EBT and further announcement will be made should they choose to act on
the letter of wishes.
- Ends -
For further information please contact:
Jonathon Brill/Caroline Stewart
Financial Dynamics
Tel: +44 (0)20 7831 3113
there should also be a clause that if the share price is less than 5p by the end of 3 years that the directors and staff and taken to a field and given a good shoeing.
:-)
dawall
- 05 Jul 2007 20:54
- 24873 of 27111
lankn73 like it, "Stan Laurel And Co" excellent.
But seriously heard a rumour that the SEO machine has gone into marketing overdrive. Apparently they are not just selling golf tees any longer. As true opportunists all marketing efforts and resource are now being targeted towards commercialising "floatable golf tees" which is now a masive massive market given most of the country's courses are under 6 feet of water.
blanche
- 06 Jul 2007 07:22
- 24874 of 27111
Stanelco PLC
06 July 2007
6th July 2007
Stanelco plc ('Stanelco' or 'the Company')
Pre Close Update
Stanelco is today issuing a Pre Close Update prior to reporting its Interim
Results to 30 June 2007, which are scheduled to be released on Monday 10
September 2007.
The Board continues to develop its plans in line with the trading statement of
29 May 2007. There have been no significant changes within this recent period
that are apposite to the Board's view on business prospects.
For further information please contact:
Financial Dynamics
Jonathon Brill/Caroline Stewart
Tel: 44 (0) 20 7831 3113
aldwickk
- 06 Jul 2007 07:34
- 24875 of 27111
That means no progress as been made
hewittalan6
- 06 Jul 2007 07:36
- 24876 of 27111
Correction; That means nothing at all. Empty, vacuous and meaningless.
Whether there has been any progress depends on your view of nascent.
waveydavey
- 06 Jul 2007 08:10
- 24877 of 27111
excellent.
5 years and I might get my money back.
Meanwhile , the bosses get hefty bonouses for shafting the PI's and selling some product.
I guess the cigarette filter is'nt worth a 1 let alone 100M (lol) and walmart and perseco have bin'ed this outfit for the immediate future.
No sales , nascent sales in future. No JV's in USA. NOTHING ON THE HORIZON.
Greenseal DEAD, Frogpack- flat, pulseline -flatlined more like. starpol- STARPOO
5 more years before a profit!!!!!!!!!!!!!!!!!!!!
AAAAAAAAAAAAAAAAAAAAAAAGGGGGGGGGGGGGGGGGGGGGGGGGHHHHHHHHHHHHHH
Iankn73
- 06 Jul 2007 08:35
- 24878 of 27111
I think its best to forget about this one for the foreseeable future rather than this continual masochism. Hoping upon hope for positive news as difficult as this must be due to the amount some of you have invested in "Stan Laurel And Co"
Have a good weekend all,
Ian
Iankn73
- 06 Jul 2007 09:00
- 24879 of 27111
Why even bother to release an RNS which contains absolutely nada! unless this is their indirect way of quelling the recent rumours surrounding Biotec?
Haystack
- 06 Jul 2007 09:04
- 24880 of 27111
"There have been no significant changes within this recent period that are apposite to the Board's view on business prospects."
An interesting use of words. The statement will still be correct if the Board's view on business prospects is terrible. It leaves out what the board's actual view really is.
oblomov
- 06 Jul 2007 09:05
- 24881 of 27111
So, 'Si goodbye' to any 'silo' profit?
With SPhere ramping the huge bioplast production planned to start at the end of this month, would this not be an indication that SEO will not benefit?
GREEK!!!!!!!! Time to file that complaint.