bosley
- 20 Feb 2004 09:34
Worrier
- 21 Sep 2005 22:32
- 9791 of 27111
Team
I will be emailing SEO to find out who they are sending to the Birmingham Packaging show next week. I have received my ticket
Not worried
http://packaginginnovationshow.com/
paulmasterson1
- 21 Sep 2005 23:14
- 9792 of 27111
Worrier Hi,
I reckon Terry and Martin, plus a few other sales peolpe ....
Cheers,
PM
seroxat
- 22 Sep 2005 07:05
- 9793 of 27111
Looks like the frogs not croaked!
niceonecyril
- 22 Sep 2005 07:09
- 9794 of 27111
Distribution contract with Elwood Packageing announced this morning for Frogpack,
another part of the jigsaw.
cyril
paulmasterson1
- 22 Sep 2005 07:25
- 9795 of 27111
AYE !!!!
Excellent news :)
Stanelco PLC
22 September 2005
22nd September 2005
Stanelco plc ('Stanelco' or the 'Company')
Stanelco signs exclusive US manufacturing Agreement for FrogPack with Elwood Packaging Inc
Stanelco, the RF (radio frequency) applications group, is pleased to announce
that it has entered into an exclusive manufacturing agreement with Elwood
Packaging Inc. ('Elwood') covering the exclusive manufacture of Stanelco's
FrogPack packaging in the United States of America.
The duration of the exclusive period, initially 18 months, is dependent upon
Elwood achieving and maintaining certain levels of sales.
Elwood Packaging was founded in 1947 and is a leading supplier of packaging
solutions in the US. It produces in excess of 40 million packaging units a
year. Amongst its clients are Motorola and Atari as well as many of the leading
direct mail consultancy and advertising agencies in the US.
Howard White, Group Managing Director and president of US operations commented,
'We are delighted to select Elwood to manufacture FrogPack packaging under
licence. Elwood have already identified mass market opportunities for FrogPack
in the US and we look forward to assisting them to realise the full market
potential of this innovative product.'
Dennis Splitgerber, sales manager, Elwood Packaging, Inc said 'Combined with
Stanelco's solid product line, we will produce the ultimate protection in
packaging products.'
KingKonggb
- 22 Sep 2005 07:30
- 9796 of 27111
This is excellent news with another deal struck although let's get it into perspective that this is only a manufacturing agreement so not exactly highlighting an financial figures to the deal but all good!
IMHO
Kong
Brandname
- 22 Sep 2005 07:45
- 9797 of 27111
Is Frogpack made out of Biotecs raw material ?, if so would this not add sales to Biotec ?
shman
- 22 Sep 2005 07:54
- 9798 of 27111
PM - you lying again..you a multi-millionaire!! it should be multi-billionaire ))..
"One day I will be telling my grandchildren how I 'got in at the start of the starch plastic revolution', and how it 'made me a multi-millionaire' :)
I hope you will be in a similar situation too :)
Cheers,
PM
-----------
goodluck PM1..
paulmasterson1
- 22 Sep 2005 07:58
- 9799 of 27111
Brandname Hi,
Nope sorry :(
But EVO suggested a royalty of 3p per Frogpack (in their note of 28th Feb 2005)
Cheers,
PM
paulmasterson1
- 22 Sep 2005 07:59
- 9800 of 27111
shman Hi,
Thanks, you too :)
Cheers,
PM
paulmasterson1
- 22 Sep 2005 08:03
- 9801 of 27111
LOL !!!!
====================================================
paulmasterson1 - 20 Sep 2005 21:49 - 9695 of 9800
Andy Hi,
Your going to miss all those near term RNS's .... one could be Walmart at the time ot the show in October ....
Cheers,
PM
===========================================================
bhunt1910
- 22 Sep 2005 08:03
- 9802 of 27111
I wonder if we will get the usual climb this morning on news followed by the usual pull back this afternoon back to break even !!
Baza
bhunt1910
- 22 Sep 2005 08:07
- 9803 of 27111
Not sure that I understand this bit
"The duration of the exclusive period, initially 18 months, is dependent upon
Elwood achieving and maintaining certain levels of sales"
Does that mean that Elwood - as well as being a manufacturer of Frogpack - are also responsible for all sales of Frogpac??
Baza
paulmasterson1
- 22 Sep 2005 08:13
- 9804 of 27111
Baza Hi,
Looks that way to me, although Stanelcosaid they will give them sales support, i.e. advertising and demonstrations to possible big users of Frogpack.
For them to be given such a long (18 months !) exclusivity, I think they already have some big orders(Motorola and Atari are mentioned, strange if they are not actually buying !) that make it worth giving them that deal.
Could be worth several hundred thousand in year one, maybe into the million(s) in year two, as I said before on many an occaision, this could well pay Stanelco's running costs :)
Cheers,
PM
stockdog
- 22 Sep 2005 08:17
- 9805 of 27111
Baza
It means that if they make good sales they will extend beyond the initial period of 18 months. If not, they will cancel the exclusivity and look elsewhere for a manufacturer who can achieve better volume. SEO don't manufacture or market any ofhteir products, they justearn a royalty on the IP which they have developed and patented. The enormous value to us of this model is the very limited capital they need to launch untested products onto the market - they use someone else's. So the downside is limited, but when it works revenues flow very quickly to the bottom line.
Frogppack is a welcome visitor to SEO's garden of delights, but I'm not sure if he has the back legs to jump the 20dma which seems to be acting as a fairly consistent resistance at present. But he is probably wise enough not to try to jump in and out of the market on this one, happy to sit on his lily leaf and watch the waters slowly rise.
sd
paulmasterson1
- 22 Sep 2005 08:18
- 9806 of 27111
Hi All,
I think the price is still being affected by the big seller that took the price down to 15.75p, but I think the bulls will see this deal as red, and we will push back above 20p before the close tomorrow.
KBC, EVO or Lemming Investor will hopefully update us with some numbers and value later, after all Lemming Investor only spoke to Haoward last Friday ....
Cheers,
PM
qc
- 22 Sep 2005 08:24
- 9807 of 27111
PM,
The RNS is not clear in my mind as to the role of Elwood. Its the exclusivity part that I am unsure about....
Do you take it to mean that all sales of Frogpack in the USA will be to customers of Elwood or will SEO be able to actively go to other potential customers in the USA and sell Frogpack as long as Elwood manufacture it? Also, is the responsibility of selling Frogpack in the USA now totally up to Elwood and as long as they hit the 'ambiguous' target then everyone is happy?
Cheers,
Q.
daves dazzlers
- 22 Sep 2005 08:25
- 9808 of 27111
A dream the last 24 hours,,fill your-bags
qc
- 22 Sep 2005 08:26
- 9809 of 27111
Others beat me to it Paul, no need to answer.
bhunt1910
- 22 Sep 2005 08:49
- 9810 of 27111
I see the 1p rise has almost evaporated already
We desperately need confirmed orders - otherwis all these deals - which ino really are excellent deals - will just not be reflrcted in the sp until sentiment changes.
We could be back to evens by tonight - or slightly lower imo
baza