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

please note that it is Howard White who runs Stanelco from behind the scenes and he is totally to blame for the whole mess, he was advised many times by advisers to do things differently and he did not listen.

the last paragraph in shares today i feel is offence to people that want to invest in the company as it is there money they can do what they want with it but for someone in a respected mag to call people dumb is going under the belt the last paragraph reads to all those that have not seen it " an emergency fundraising will soon take place,but surely no one will be dumb enough to bail them out.the only direction seo is moving downward"

Since Shares Mag is still shorting the stock (p43) it's scarcely surprising they said that . . .

So is seo going down the pan?
is the 1 a myth?
Yes the board of SEO (or al least some of it are W@@kers, Yes, there are others with vested interests to drive the sp down and buy up cheap. Yes there will be a dilution and possible funding from elsewhere.
But the bottom line is , do you believe seo will come good?
answers on a postcard or fag packet, please.

well , I believe it will recover. Can't see any point in shorting this further.
When SEO release some positive news re these letters of intent then sp will go up
How much? WTFDIK?
depends how much money seo borrows from elsewhere.
2 mm plants will turn this company around PDQ.

Tweenie
Will come good? Dunno.
Could? Yes,
but changes needed - unless a BIG contract is signed PDQ

1 is a myth..

1p is the reality...


and one expensive lesson of not having a stop loss...

Makes one wonder if they have a decent product, either. For it seems odd that (even) a so-so product could be nurtured by stupid management - why stupid?, Well, because they bought shares at 3.2p a couple of years ago ( during an earlier slump) and have little to show for it. Has anyone actually seen the SEO products (even a lash-up), or are we relying upon the Execs telling us how good it is?

Well a ( private) fundraising at 0.8p puts the lid on my interest, having invested at 1.6p I feel a whole lot better than folk who invested earlier at douuble-figures (you know who you are).
I think the decent thing to do would be a Rights Issue - at least it would dull the pain of Dilution. Where did the 3.6m go from June'06 fundraising?

Such a shame that UK Execs don't have to pass a test of competance....a bit like a cycling proficiency - at least you believe they knew which way to ride the darn thing, eh? Anyone investing (Institution-wise) will almost certainly want to cast out the rotten core of this operation, so short-term pain but ultimately....?

Arrgh. The wait is nearly over, just a short walk in the morning air and the axeman will have his purse. I hear it will be raining, pity.

From 17th August Trading Update we were all told

We acknowledge that Stanelco has encountered delays in rolling out GREENSEAL to
the market. The delays have primarily resulted from the limitations of the food
packaging industry to allow access to machines to test the technology in a
factory environment. The Board believes that these delays will not impact on the potential success of the project.'

Contact
Martin Wagner
Chief Executive
02380 867 100


So Greenseal, where is it upto now Mr Wagner?

Mr Wagner should resign from his post for giving misleading information - looks at SEO'S sp now. Every shareholder should contact him at above no. and ask for an explanation.

Unfortunately explanations dont sign deals.

I think i'll leave for a while . My parting thought.
Many moons ago Mr White talked about plucking the low hanging fruit from the tree.
I'd personally rip the branch off , beat the crap out of him with it , then string him up from a higher branch. Sell off frogpack, and all the other ancilliary crap and push forward s'pol and greenseal.

wavey davey agree that all the crap like Frogpack needs to go as does the ciggy filter stuff, assuming some one may want to buy it, although I suspect we have been told a load more bullshit here.

The ciggy stuff existed before SEO was on the scene - if it had been worth anything significant Biotec would have sold it themselves.

Someone asked why sell now having read the RNS: Surely one could sell now and rebuy if the sp is expected to fall. I've managed to increase my holding by 25% by doing just that since it hit ~3.5p.

agree with oblomov and wd.
Seo board have a lot to answer for . Best they wear some armour for the AGM.
Will be attending and will want some proper answers , not promises of jam tomorrow.

tweenie do you know when next AGM is likely to be?

Biotec knew all about the potential of their ciggy filters and lots of their other IP. But they were restrained by their owner (Koshoggi Industries - not Adnam, his brother) to ignore them and concentrate only on specific products and projects.

When SEO came along the staff pointed out these things and were greatly encouraged by the interest SEO were showing.

Or so we were told by Ian Balchin at the EGM in August last year when he made his 'low hanging fruits' comment that has oft been quoted - and mis-attributed to HW who was not there!

tony.
I stand corrected.
So I'd beat them both up and hang them from a higher branch.
;-)

dawall.
Their year ends in 26 days. Based on past performance preliminary figures will be announced at end Feb 07 and AGM late April/early May.

Sounds a long time off.
But I feel we will get an opportunity of attending an EGM very soon. Whether they will accept AOB questions is another discussion point!