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

Bosley

Thanks for that, what other competition is there out there as this was the only company that i could find similar to Biotec.

Presumably Biotec can hopefully produce the product at a more competitive price which I guess is the key. I also note that there output is currently limited to only 10,000 tonnes per annum.

Greenseal is far from dead in the water, the point I make is that progress is slow and it will not matter a jot what long-term investors, PI or not think if the markets perception changes. SEO's rapid rise was against a background speculation of multi-millions profit by 2007 from Greenseal, it will take longer and I just feel that the market could turn against SEO but that this will present a brilliant buying opportunity for the long-term. Add to that Starpol potential but it has to get the deals done and to do that it must be competitive and SEO must look to develop capacity. Everything is looking good to SEO investors apart from down-trending sp which is a direct result of reducing profit forecasts.
I just feel it wrong to assume major deals will be struck in October that will lead to huge profits, we and more importantly the market need to see potential profit targets from realistic sales of Starpol before we can expect a significant upward trend in sp that will hold its value this time.

Time has come to deliver, last year BPRG had fingers in many pies with good potential deals and real-deals with world majors but when business and profit didn't materialise look what happened. My own feel is that SEO have done a better job and will in time yield the deals but this has to happen soon otherwise the short-term sp will be lower which to me will be a brilliant BUYING OPPORTUNITY.

I've commented enough now on my short-term concerns and long-term enthusiam for SEO, I'll sit aside, watch what I have left grow over the years and get back in with more as soon as I feel it appropriate. Good Luck to all investors with SEO.

Is Starpol / Biotec ASTM approved ?

For example:

State of California Mandates Use of ASTM Standard for Compostable Plastics

California became the first state to officially mandate the use of ASTM standards in the labeling of biodegradable and compostable plastics recently when Governor Arnold Schwarzenegger signed a bill into law that requires that all plastic bags that are labeled compostable, degradable or biodegradable meet a standard set by ASTM International.

The bill, which will become effective Jan. 1, 2005, states, A person shall not sell a plastic bag in this state that is labeled with the term compostable, biodegradable, degradable, or any form of those terms, or in anyway imply that the bag will break down in a landfill, composting, marine, or other natural terrestrial environment, unless, at the time of the sale, the plastic bag meets a current ASTM standard specification for the term used on the label.

The standard that all plastic bags in California will need to conform to is D 6400, Specification for Compostable Plastics, which establishes the requirements for labeling of materials and products as compostable. Specification D 6400 is under the jurisdiction of ASTM International Committee D20 on Plastics. //

Copyright 2004, ASTM International

Thanks AndyS,

Makes it clearer.

Found this:

http://www.bpiworld.org/BPI-Public

Covers ASTM approved suppliers, do not see Starpol 2000 on there. Paul I think this is relevant to Starpol 2000, will you check with SEO or am I missing something ?

natureworks is an astm approved supplier under resins.

OK still confused.

1) Is Biotec supplying Starpol 2000 to Natureworks

or 2) is Natureworks supplying a component to Biotec to make the necessary film to make Starpol 2000 ?

If Starpol 2000 is to be used in the USA still feel it will need to be ASTM approved for at least the state of California to have an impact.

Just for everyones info have 532,000 shares so trying to get my head round the above and should have done earlier research regarding ASTM.

Any help guidence appreciated.

Next question, why would Walmart sign with Stanelco. SEO only offer a small part of what they want. Surely Walmart will sign with one of the majors such as Cargill (Natureworks) who can offer them a variety of Non Oil plastic alternatives. If this is the case I can see Biotec / SEO being a supplier to Natureworks in lieu of Walmart direct. (In any event still a major deal for SEO i.e. pretty much the same as the deal with supplying SP Metals with the Biotec products)

Walmart do not want to be dealing with tens and tens of suppliers, they will surely want to cut this down to as little as possible and use their purchasing power against these fewer suppliers.

My own thoughts but would appreciate some others guidence.

mmm who might Brandname be?

Totally Unknown on iii / Truckingduck on ADVFN & FYB.

You will see from my posts there that I am pro SEO, just trying to get my head around a couple of things.

Biscuit

Also asked some stupid questions on Earthshell on FYB when I got the circular containing BIOTEC purchase, for which Paul was kind enough to answer for me at the time. BBs are supposed to be a source of info. If I dont know something I keep asking until I get my head round it.

By the way did buy into Earthshell at 1.84 and now 2.40, so not too bad.

Biscuit, Sorry I dont have your superior intellect.

Brandname, I think exactly the same, for the same reasons as you do. I have several times pointed out that there's a rumor that SEO buys rawmaterials from NW in order to make Starpol for NW who will then sell it to WM. Nevertheless, there's still the sealing process which, I believe, can only be licensed from SEO directly (or use by buying a new machine). WM already deals with thousands of suppliers, one more is not going to make a difference.

Niels

Thanks for that, but I was thinking along the lines of the upcoming conference and about how Walmart are going to hopefully announce their green inistiatives etc etc . Not being a party pooper, but it would make more sense for Walmart to sign with someone like Natureworks because of the vast number of Green type products against SEO's, but with SEO announcing a licensing deal to on Greenseal to Natureworks or another big corporation in the same field at Natureworks. But feel more likely to be Natureworks hence rerelease of Natureworks news recently.

Not being controversial, just trying to work out realistic scenarios.

Brandname, you're right. However, don't forget Greenseal...

Who cares whether Walmart sign direct with SEO or with Natureworks, either way SEO will enormously benefit.

IMHO

Kong

Kong agree with you per my post 9989.

However still trying to understand is Natureworks supplying Biotec or is it the other way round. Sorry if some of u know the answer I cannot clarify in my own mind what it is.

I see andy is getting a bit nervous now that he is out in a big way he doesn't want positive posts at the moment, willing the sp down (please to 12p) so he can get back in. The problem of being out is you have to keep your eyes peeled, because if a large deal comes the sp will shoot past his selling price, andy I have no problem with taking profits but after all you said about SEO you should have stuck with it.

With little else to do today, I wandered into a nearby ASDA. Not too much Greenseal about but I was pleased to notice the entire "ASDA Smart Price" range of ready meals was sealed with the narrow weld line - Greenseal! All these products were marked "NEW" and appear to be a budget/value series of dishes.

Encouraging...

Just to be poster 10,000 !! LOL

Driver,
I expected the blatant out and out rampers to have a go but not you, am I the enemy because my short-term view has changed and I've taken some good profit?
I'm not in this to make you happy but to make money, I honestly believed this would produce the goods more quickly but like it or not its not happening and IMO the market is taking a dim view of reduced profit forecasts and delays in confirming deals and so I've locked in SOME profit, whats your problem?
Should I not post what my current opinion is when it changes positive or negative?
Currently I am both, short-term concerns at sp and long-term positive.
If I was a ramper (are you suggesting that?) I would have sold at 30p and laughed.
I've never said that I now want 12p have I? I don't mind being wrong and paying >20p again, with profit locked in and potential to make more again.
I remain an investor in SEO with cash ear-marked for more SEO again.
Cashed profit now being used for my family, cash retained for further investment.
Thats my position. Good Luck with your own investment.