bosley
- 20 Feb 2004 09:34
bosley
- 06 Jun 2005 13:59
- 5371 of 27111
paul, just been on the earthshell site and can find no mention of supplying macdonalds. where did you get that information?
paulmasterson1
- 06 Jun 2005 14:16
- 5372 of 27111
Bosley Hi,
From my research :)
Could the RF technology to make starch based containers cheaper and faster, be licenced to this company that already supplies McDonalds ?
http://www.earthshell.com/foam.html
As an environmental packaging technology company, EarthShell Corporation licenses and commercializes proprietary composite material technology for the manufacture of EarthShell Packaging. EarthShell Packaging, including cups, plates, bowls, hinged-lid containers and sandwich wraps, has been designed with the environment in mind. Based on a unique composite technology that combines organics such as starch from potatoes and inorganic materials such as limestone, EarthShell Packaging is designed to be high performing and cost-competitive compared to other food service packaging options.
EarthShell Packaging offers an alternative within the $25 billion market for paper and plastic disposables
Or directly to the companies manufacturing the products for them ?
http://www.earthshell.com/partners.html
Sweetheart Cup Company is a leading manufacturer of disposable food service products in North America, and the largest manufacturer and supplier of single service products. Sweetheart possesses a tremendous amount of manufacturing expertise and industry knowledge dating back to 1911. With production and warehousing facilities throughout the United States and Canada, Sweetheart will play an integral role in the production of EarthShell Packaging and the penetration of our products into North American markets.
As part of an expanding relationship, the two companies have signed a letter of intent providing the basis for Sweetheart to be the primary supplier of EarthShell Packaging sandwich containers, cups, plates and bowls in North America. To date, over 24 million hinged-lid containers for the Big Mac sandwich have been manufactured at the St. Thomas production facility in Owings Mills, Md. and used in the McDonald's system.
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McDonalds restaurants in Germany, Austria and Sweden are using Biocorps ReSourceWareTM. (cutlery !)
This also poses the possibility of RF being used to form starch based rubbish bags faster and cheaper than the current heat based methods.
Taiwan and Bangladesh have banned the plastic bag. Seventy-five percent of Norwegian municipalities are now using potato starch based bags for household rubbish collection. The Sydney Olympics used over 45 million potato starch utensils and bags that saw over 75% of all waste recycled. Over 300 McDonalds restaurants in the USA are now using alternatives to plastic.
The McDonalds "Goes Green" Story ..
Based on the same logic, McDonalds in Austria and Sweden have initiated a long-term program to replace all its non-compostable material into compostable ones. The program is strengthened by the fact that McDonalds will even suggest that its suppliers of tomatoes, potatoes and salads begin converting to compost as fertilizer instead of the synthetic alternative. Imagine McDonalds, long a symbol for waste, promoting organically grown food, fertilized with its waste, based on an integrated system, which secures that nothing, is wasted. Even the trucks could be powered by methane gas generated in the process.
Well worth reading the whole story here ..
http://www.zeri.org/expo/prj_rondeco.htm
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From McDonalds.com FAQ
Q. What is McDonald's doing to help the environment?
A. McDonald's is absolutely committed to preserving and protecting the environment. We realize that to be a business leader, we must be an environmental leader, too. McDonald's is committed to taking a total "life cycle" approach to solid waste. We follow three main courses of action: reduce, reuse, and recycle.
To seek advice on specific environmental issues in the U.S., we have worked in partnership with such nonprofit organizations as the Environmental Defense Fund, Conservation International, and the National Wildlife Federation. We enacted a comprehensive Waste Reduction Action Plan in 1991, which now includes more than 100 environmental initiatives.
Also, since 1990, we've reduced packaging by more than 55 million pounds and our Buy Recycle Program has purchased nearly $3 billion of recycled products for equipping and constructing, packaging for our restaurants. In the area of cutting energy consumption, McDonald's joined the U.S. Environmental Protection Agency's voluntary Green Lights Program, and is replacing indoor lighting with brighter, more efficient systems. These systems significantly reduce pollution at the manufacturing source.
When it comes to protecting endangered tropical rain forests, McDonald's maintains a strict policy against buying beef from rain forest lands.
These are only some of the initiatives McDonald's takes in helping to protect our environment. For more information on McDonald's environmental efforts, check out McDonald's and the Environment.
http://www.mcdonalds.com/usa/good/environment.html
Cheers,
PM
insiderinside
- 06 Jun 2005 14:22
- 5373 of 27111
For those who say it is not a potential dilution coming- 25M US$ for a loss making company - which may or may not help them cut costs on something they are not selling now - nice idea - why not issue 100M shares and keep the leftover to pay salaries of this German company - you know what German labour laws are like - IMO Biotec could suck any leftover cash out of SEO with its debts and losses.
Have they done decent due dilligence or bare minimum to CYA - do they know German labour laws - very different to the UK ones.
They will probably pay 25M US$ for something thats worth very little to them in all reality - and it happens all the time this kind of "whoops nice idea shame it did not work in reality" buyouts and takeovers.
This confusion that causes the uncertainty and the fall in the SP of the buyer - for nobody really knows that lies deep in the account books - whats "hidden" - whats the reality - what was the deal - what are different country labour law implications - debt servicing - and for all the positive gloss - they nearly always end in problems for the buyer short to mid term.
In general the buyer takes a large hit on their SP and the one being bought gets a rise.
The stockmarket is riddled with buy outs that cause short to mid term cash problems - will this be yet another - especially as its one loss making firm buying another loss making firm.
The big picture maybe - the speed with which is was done shows perhaps IMO purely potential CYA due dilligence - are they rushing it as they want to do the shares issue (dilution) before the interims are reported ?? This is the most likely reason behind the speed and rush - get the shares off before you report the losses IMO !
Sharesure
- 06 Jun 2005 15:42
- 5374 of 27111
That doesn't make any sense at all. The world knows SEO's results will be bad, but that was for a period when the company was entirely different to its current form. How they pay for their acquisition is open to a number of possibilities, including the issue of more shares at possibly higher levels than now when further orders have been announced. Why not wait and see? I doubt that SEO will test your patience for long.
Sequestor
- 06 Jun 2005 16:23
- 5376 of 27111
Fred1new - 06 Jun'05 - 13:20 - 5363 of 5374
Kiv, I think you are an optimist. the B/S ratio is 43/55 on very small volumes and i think with any info like which has been released there is generally a stand and stare period.
I have been away for 3-4 days sleeping in a field. I was horrified to see over 200 updates to this thread but was delighted to find that because I had already Squelched Jak, II, Pauline, Sequestration, Chichi it cut about 80% of the inane contributions.
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and he totally ignores the fact that the share price has fallen-another one who is more interested in the content of a freebb than the company, dear oh!
paulmasterson1
- 06 Jun 2005 16:57
- 5378 of 27111
EVO note sounds good, and I bet Khashoggi wishes he had taken shares in SEO a year ago, when Stanelco made their first offer for Biotec .... they would be worth 100m now :))))
Here in my own words, is my summary of the notes main points ....
Placing next month to pay for Biotec
Biotec to apply for more Patents within weeks
Until those Patent applications are announced we won't be told what is in the Biotec pipeline, but any Greenseal benefits will become clear.
Stanelco can licence a complete sealing and packaging solution, of Greenseal plus trays and film, and Greenseal plus thermoforming sheet.
In the medium term Biotec may have a huge impact.Short term apart from a relatively small placing, not much impact
Cheers,
PM
avsec
- 06 Jun 2005 17:13
- 5379 of 27111
Having 'lurked' for sometime I have followed this thread with interest - and bought in to SEO!
Although disappointed by today's slight fall, I agree with Sharesure. My view is that this company restructuring itself well to cover a perceived weakness.
I'm in for the ride!
paulmasterson1
- 06 Jun 2005 17:17
- 5380 of 27111
Wal-Mart CIBC note out today, makes some good statements.
Potential acceleration of growth. The company sees the potential for another 3,900 Supercenters(1200 from converted discount centers) with 950 of them already internally processed.
35-40 new Sam's clubs set to open this year
ASDA facing difficult retailing trends in the UK, pressuring sales and profit near term, but is reacting to the trends by offering better value, new differentiated products, and improved customer service, while trimming costs. The main priority is now to drive sales through increasing value and reducing costs.
Possible expansion into India, Wal-Mart sees India as a $250Bn retail opportunity, with the largest educated, english speaking population in the world, with the fastest growing middle class.
Cheers,
PM
driver
- 06 Jun 2005 17:20
- 5381 of 27111
avsec
Welcome aboard have a look at the R/Page I might have to update it soon.
SEO RESEARCH PAGE:
http://www.moneyam.com/InvestorsRoom/ShowPostList?fID=1&tID=5042
sambal
- 06 Jun 2005 17:27
- 5382 of 27111
PM,
India sounds very positive (love the place and people), lets just hope Walmart get in there. SEO will just go on and on once Walmart sign up.
Cheers,
Sambal
paulmasterson1
- 06 Jun 2005 17:29
- 5383 of 27111
http://www.biotec.de/engl/index_engl.htm
BIOPLAST TPS is BIOTECs trademark for a pure thermoplastic starch material. BIOPLAST TPS has special properties compared to conventional plastics. BIOPLAST TPS has a very good permeability for water vapor and, at the same time, excellent barrier properties for oxygen and carbon dioxide.
BIOPLAST TPS is available as cylindrical granule and can be processed solely as well as being blended with other polymers.
BIOPLAST TPS is manufactured of pure food ingredients and can be produced according to the hygienic requirements for food production.
Due to its composition, BIOPLAST TPS is edible, digestible, water soluble and completely biodegradable.
2. Applications
- foamed trays and boxes for single use disposable fast food packaging
- foamed products
- water soluble products
- ingestible products
3. Packaging
BIOPLAST TPS is delivered in 20 kg PE-sacks. Packaging labeling includes product designation and lot number.
4. Delivery Format
BIOPLAST TPS is produced in the form of a granule. Unit pallet net weight is max. 600 kg.
5. Storage and Handling
During storage, BIOPLASTTPS can take up humidity. The yield of water uptake depends on temperature and relative humidity during storage. Therefore the granule should be stored cool and dry in the closed PE-sack.
6. Shelf Life
If stored correctly, the shelf life until processing is max. 6 months after delivery.
7. Safety data
BIOPLAST TPS is no dangerous product in the sense of directive 67/548/EEC and not subject to transport regulations. The product is not expected to create a decomposition of individual components at room temperature. General safety, protection and hygiene rules for the handling of the molten granule as for any other polymer should be observed. Also please note, that spilled granule can make floors slippery. Material Safety Data Sheets are available on request.
paulmasterson1
- 06 Jun 2005 17:32
- 5384 of 27111
Sambal Hi,
Wal-Mart are just waiting for the government to open the market, and are in close talks with them to try and speed up the process.
IMVHO later this year they will get access and buy an existing suprmarket chain.
Cheers,
PM
sambal
- 06 Jun 2005 18:09
- 5385 of 27111
PM
I am aware how the Indian government work, and how it worked in the past to outsiders, I worked there way back in the late 70's.
The project was Bombay High and the projest was partially funded by the World Bank. How times have changed.
India imo is a far better place for Walmart to invest in than China. It is a massive and mature market these days.
Cheers,
Sambal
bosley
- 06 Jun 2005 18:29
- 5386 of 27111
unusual day. we get good news in the morning about a great aquisition and also news that yet another trial has passed with flying colours, buys and sells are pretty much equal and we have a drop in price. once again, it just doesn't make sense to me.......
paulmasterson1
- 06 Jun 2005 18:40
- 5387 of 27111
Bosley Hi,
lemminginvestor suggest it is traders selling into strength, not sure myself as there was no gain to sell into.
I think it is more likely that selling, was by those thinking about a possible placing to raise the cash to buy Biotec, although IMVHO institutions will be hammering on the door to get such a big chunk of SEO, and there is always the option of borrowing, especially if management are expecting a USA deal soon, and that could pay the loan off in no time.
Cheers,
PM
niceonecyril
- 06 Jun 2005 18:42
- 5388 of 27111
14million pounds against a market capital of 222.54million,
just over 6% in my reakoning or 1.5p off sp.
For this we get biotec,with all it has to offer. That along side the news of trials 2 and 3, could be deal with ASDA will be confirmed in the very near future.
Seems a very positive RNS to me.
cyril
paulmasterson1
- 06 Jun 2005 19:00
- 5389 of 27111
Cyril Hi,
They only need to find "A further US$11.27 million is due to be paid on completion of the acquisition which will be satisfied in cash"
They can rely on Greenseal and Frogpack revenues to pay the next two payments in 12 months and 24 months time.
$11.27m = 6.21m
Cheers,
PM
paulmasterson1
- 06 Jun 2005 19:06
- 5390 of 27111
Only 6.21m .... I would borrow it and pay it off within the year, from the USA Greenseal and Frogpack revenue !
Then again at 25p a share it's only 24,840,000 shares.... 2.85% of the issued shares !
Cheers,
PM