Please post Date, Time, Heading of any news released in any official format by Stanelco than you deem relevant to above proposed report.

Thanks in anticipation.

Greekman.

Morning Big Al, and all.

I do agree that companies shout up the good news more than the bad and I don't blame them for that, but there is a difference between releasing the bad news in a quieter form to not releasing it at all. Also whatever the news, the facts should not be expanded upon to the extent of misleading.
I do not go looking to complain against a company just because I have lost money on the share, in fact this is the first (and hopefully the last) company I have looked to complaining against.

As to getting anyones back up. No problem, never even considered it. Your post and any others are welcome.
It's those posters who get personal and insulting that bug me.

If we ever reach the stage where we all agree and have the same viewpoints, then these threads will hardly be worth reading.

Note, the complaint is being sent to.

Regulatory Complains
Trading Services
London Stock Exchange
10 Paternoster Square
London EC4M 7LS.

This address took some digging out and I finally contacted the LSE for advice.
They informed me that the complaint should be in letter form, hence the none E-Mail approach.
Just in case anyone was curious.

Quick update.

Report is now ready, after a bit of tweaking and a lesson from my son in grammar.
There are no alterations of any significance from my earlier post of the draft.

I have decided to hold fire for a couple of weeks due to the research I have done re the Biotec issue that has been of interest of late. I have not found anything that has not been mentioned on this and other threads/sites, and I am not going to state as some have that, We are heading for a big sp rise, or its another load of bull. I am not going to second guess whats happening.
But I am willing to give the possibility of credence a chance.
If something good regarding the sp comes from this within 2 weeks, I may look for a longer delay, but whatever happens, the report will be submitted, either in 2 weeks time (if no news) or slightly after with good news.
Whenever the report is submitted, I will update re day sent.

Open to all opinions on the above.

Cheers Greek.

Greekman, so all the stuff being posted on other boards re output, walmart visits etc, you have managed to verify with your own research? If so then this surely will help the share price to recover once the news is officially released.

Hi Sellsell,

Please read my post again. It states that, "I have not found anything that has not been mentioned on this and other threads/sites, and I am not going to state as some have that, We are heading for a big sp rise, or its another load of bull. I am not going to second guess whats happening.

It clearly states that I AM NOT GOING TO SECOND GUESS, that surely implies that I have not been able to verify anything.

Also it states," But I am willing to give the possibility of credence a chance".

Again this surely implies that I don't know what is/ true, lies or just plain spin.

So yes, I have done as much research as possible but cant verify anything.

Not having a go at you, (if my post comes over that way I apologize in advance, it is often difficult to purvey attitude in print) but it is difficult to put my views any clearer.

Regards Greek.

Please Help.
Sorry to go off thread but I have received an E-Mail via Moneyam, from a user name procroft.
The E-Mail stated, To reply to this email you will need to go to the MoneyAM Bulletin Boards and click on the name of the user that sent you this email and then click the 'message button'.
But when I go onto the Bulletin Boards, procroft does not appear on any pages I can find.
Anyone help.

Quite possibly "procroft" has not registered an email address for the messaging system to forward a message to.

Dunno, but hopefully that's useful

Big Al,

Thanks, obvious really.

Procroft, the appears to be no way to contact you except via this thread.
Please see my previous posts, which I feel explains my feelings.
I do value your suggestion as all who have contributed have assisted in my complaint contents, in one way or another.
But to re-iterate.....Enough is enough. I feel we have been very patient with the management (mainly the old management) but a stand must be made. Deadlines have been passed many times with no or very late updates, Starpol, Cig Filters, Greenseal to name but three.
As previously said, I was willing to give them another couple of weeks, re good solid news. The time will be up Friday.
Thanks again for you message.
Greek.

greekman

It's just a thought, but, do you think that if you were to forward a copy of your complaint to SEO, prior to posting to the FSA, asking for clarification on the relevant points, might get you some satisfaction. Or have you already done so.
Good Luck with your quest.
And thanks for making the effort.

Hi, Patisear,

It did cross my mind but decided not to for 3 reasons.

1 Several previous E-Mails from myself and others have been ignored.
I have never requested sensitive info, only clarification of details promised via dead lines. So I doubt if I did forward a copy,they would reply.

2 If they did reply, I feel it would be the usual spin, fob of updates.

3 If they took my report seriously, it would pre warn them of a possible call from the regulating authority.

But thanks re your post.

You may not have a choice Greekman!
Not certain of the FSA approach to this area, but certainly in retail areas they are very clear that they will not investigate anything until the complainant has put a formal written complaint to the alleged offender and allowed 8 weeks for a the offender to respond and offer (where appropriate) either settlement or justification.
Only when the complainant and offender disagree over justification and settlement will the FSA intervene, and then only if they consider it a breach of their rules. If not they will pass it to another of the regulatory bodies such as the FSO.
Might be worth checking if you need to complain to SEO first.
Alan

Surely it is the Stock Exchange rules that have been breached. SEO are not a 'Financial Service'. Aren't RNS's issued in order that the company complies, as a fully listed company, with the rules of of the SE?

Cant see why the FSA would be interested - SEO haven't supplied a 'financial service'.

From the FSA website:-

'Who we regulate


The Financial Services Authority (FSA) is an independent organisation responsible for regulating financial services in the UK. '

Possibly right Oblo, but the FSA would have an interest as they regulate the SE. It could also be argued that they provided false information, or didn't provide information on which financial services decisions were made.
Murky, but I still think any regulatory bodies first question to Greek will be whether he has addressed his concerns to SEO themselves.

Hi Alan,

Yes you are correct if it is complaints that are personal to an individual or to a body and do not include possible abuse of market rules. So if these rules are breached, every shareholder is effected.
All I am in fact doing is bringing to the attention of the regulator a possible breach of their (the market)rules.
As the regulatory authority are the market regulating body, they will be able to judge if these rules have been breached where as a layman I am not.
As I consider these rules may have been broken, I have been advised the correct complaint procedure is directed to Regulatory Complains Trading Services London Stock Exchange. I received this info by E-Mail from the LSE.

Initially I did think (wrongly) that it was to be made to the FSA, but several posters put me right. Following this I carried out quite a bit of research via the LSE.

If nothing else it is proving a learning process for myself.

No doubt if I am wrong, the regulator will soon put me right.

As a foot note... I think the possibility of my complaint leading to an inquiry is very slim. But no matter what the outcome I will keep everyone informed, ( if only Stanelco had done the same)! I may end up with a serious amount of egg on my face.

EDIT... Slow in typing, so posted the above before I saw the last 2 posts, but I think the above gives clarification.

Cheers Greek.

Thanks for clarifying that, Greek, and the time you've put in.

One thing, if the complaint is thrown out we can at least sleep more soundly in the knowledge we were not conned and the SEO management are a wonderful bunch of people after all! (*!*!*)

The deadline is reached.
I have considered at length my decision of reporting Stanelco, now or to delay it further.
The temptation to delay is always there, but if I do, days could stretch into weeks, weeks into months etc.
I feel we have given Stanelco's management every chance to be straight with their shareholders (the company owners).
I have also, as someone suggested considered (again) informing Stanelco's board of my intention to report, but as I and several others have had E-Mails ignored in the pasts decided against it.
I will not repeat the reasons behind this complaint as they have been aired on this thread many times.

I would like to take this opportunity to thank all who have contributed to this thread, those for and against.
I especially thank, Oilywag, Oblomov and Tonyrelaxes (beginning to sound like an Oscar or Bafta awards speech) all who provided me with information that has not been repeated or indeed mentioned in any form, as some has been sensitive (but legal). This info has been valuable in leading me to other avenues of information generally available that I have used.

The final report has no substantive changes from the draft I posted on 16th June. It has been fleshed out, with certain points highlighted .

It is ready for posting, and if there is no RNS of any substance by market opening tomorrow, the report will be forwarded as stated.

I will confirm posting.

Regards Greek.

To Greek for best speech

and what will you give him for the likely result of his diligence? .... nul points is my bet as, though i have not followed this, i would doubt if there is much (anything) of substance to interest the relevant authorities.

greekman
There is a very interesting post on Interactive Investor by pollock4 regarding Howard White and his son
Take a look before submitting anything to the FSA

cynic 'though i have not followed this...'

You're in no position to comment on it then, are you, so why bother?

Hugybear,

Yes, very interesting. I read it before seeing your post. I was not going to mention anything on that site re the complaint, but after reading the post by pollock4 I have now posted re the substance of the complaint on that site.

Cynic,

I agree that the authorities may not feel there is any substance, and as previously said, I have no problems re opposing views, but as Oblomov states, I find it difficult to see how you can judge without following the plot.
Someone has to try. A line has to be drawn, or do we just shut our eyes to what we feel is injustice.

To all posting 0900 hrs today.

As a foot note, anyone see the article in The Telegraph on Saturday. The LSE state that 1 in 3 takeover deals probably involves insider trading. Not referring to SEO or any other company, but it shows how corrupt the market can be. Us poor PI's don't stand a chance.