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

As I said at the time, I think SEO would not like as a 'green' company to have anything to do with smoking so this move is of no surprise to me.

Like the bit about ASDA and other news coming shortly. No ambiguous statement.

Nice start to the week.

QC - I could not understand why SEO might want to sell of what could be a very profitable patent - but I think you are absolutely right. - thanks for that

Baza

Baza,

I am not sure I will report this to our supplier as it appears that we do not have any RNS through this morning on SEO.

Ian

If Paul is around I could really do with a private e-mail to you. Why aren't you on MAM messenger????
Alan

2:4 @ 16.5 : 17 and 125k to 325k

Doesn't seem to be on citywire either

bhunt.
Morning
Re the selling of the patents. Although I agree it could be profitable to SEO it may be more profitable to sell to a company that is more connected via their main direction to the patents potential, IE they might need it in value at a higher price than SEO can use it. IMHO of course.
Now the news is official.

Hi all,

Store this link in your favourites. If there's an RNS it will be here.
http://investing.reuters.co.uk/Stocks/CompanyNews.aspx?view=CN&symbol=SEO.L

Yet more good news!! What an exciting company this is.
In fact the only not so good news seems to be generated by certain posters
on the bulletin boards. No way I am selling yet.

The knowledge and positive energy radiated by many many on this BB is great.
Keep it up. In since 5p!!

K

Brandname
Can you stop posting, the captain Guide rubbish on this thread if its on ADVFN let it stay there.

kevharris
As you say its on Reuters.

The adoption of Stanelco's GREENSEAL Technology under the ASDA contract
continues to progress in line with expectations, with a number of machines due
to enter commercial operation in the coming weeks. Major steps are also being
made in both Europe and North America towards the commercialisation of a number
of projects, particularly those involving Biotec's materials and Stanelco
intends to update the market with these developments shortly.

Getting rid of these patents is a good sign to me. Right now SEO needs to focus and get a real hold of one product in the market. Presently the only issue I have with the Management is that they're trying to bite more than they can chew. Lets get Greenseal massive, then start moving other products forwards. The picture in recent months has been foggy. I'm confident in the coming weeks, the mist will rise.....

Excellent stuff. My enthusiasm is renewed!

Driver; agree with you re Captain Guide. Whoever posts this tosh should grow up.

D.

Bugz.
I agree in part re the biting off more than they can possibly chew, but the problem is once SEO come up with an innovative idea they are in a field that if you don't move quickly there is a risk of someone beating you to it with a similar idea. But yes they do have to be careful and treading that fine line will take some skill.

greekman.

For a company of their size, its more of an issue. Thats been my only hang up in the last 3 months or so.

They come accross a great innovation like Greenseal. Get it market and really capitalise, ensuring your hold with that product, then tackle other products. Ok, you might see some opprtunities slip past, but at least you've succeeded massively with one.

The Walmart deal may actually involve more than just Greenseal-but with a huge company involved, I'm much more confident than if they were spinning stuff off to various buyers.

All in all-thinning down their options today. Good stuff. Focus on Greenseal and America. Get these orders coming in-as Shamona does bleat, we do need income to validate this market cap!

Now 2:4 @ 16.5 : 17 and 124k to 315k.

The odd 10 or 20k shares keeep appearing on the buy side at 16.75 - and they are almost immediately snapped up

I think the sp will pop back up soon
Now

5:1 @ 16.25:16.75 @ 500k to 10k

Hi All,

Stanelco, SP Metals and Biotec are concentrating on the packaging industry, and Ciggy filters don't fit in, so even though it could earn us a lot of money, it's going to be sold off, that shows how much confidence the three companies have in the rest of Biotec's IP.

I searched the Patents database, and came up with 33 results for the family of patents of the ciggy filters, that was only the granted patents, and then there are the one's applied for. The granted patents are for the biodegradable filter material, and the applied for patents are for the filter construction, which looks impressive, and includes carbon filtering, which should in theory remove a huge percentage of the 4000 chemicals and carcinogenics that are in ciggy's, obviously the poor passive smoker still gets the full whack of that crap, so the sooner smoking in public places (pubs, restaurants, etc) the better !

Back to the value of the IP, if the filters are indeed as good as they appear from the patents, I guess there will be a few companies bidding for them. Also the number of patents (different countries, worldwide) Biotec own on this technology appears to be around the 50 mark, and each one cost Biotec a lot of money to aquire, so there is definately a big value there IMHO, it could be 1m, it could be a lot more, if several companies want the IP.

Cheers,
PM

Hi All,

Check back through my posts on Cigarette Filters, and you might recognise some of the info in this Business Wire .... LOL !

Cheers,
PM


October 03, 2005 08:00 AM US Eastern Timezone

Clean and Green - a Better Cigarette Filter is Near; Starch Based Filter from Stanelco Reduces Cancer Risk and Environmental Impact

ORLANDO, Fla.--(BUSINESS WIRE)--Oct. 3, 2005--Cigarette filters could soon be made of starch according to research at Biotec, a joint owned subsidiary of Stanelco and SP Metal. Starch is a natural compound found in organic products such as potatoes and rice, meaning smokers would not have to worry that fibers from the current filters, made of cellulose acetate, are entering their bodies. Similar good news is that starch based filters are biodegradable and compostable, dramatically lowering their impact on the environment.


Filters are primarily designed to reduce the tar in tobacco smoke and to stop tobacco flakes from entering the mouths of smokers. They typically each contain around 12,000 fibers of cellulose acetate, a synthetic fiber of which more than 680,000 tons are used in cigarettes each year. Medical studies have observed these fibers in the lungs of smokers and that they not only resist biodegrading, but that they remain coated in tobacco tar, which contains carcinogens. Medical researchers are presently trying to define the risk that this poses to smokers.

Stanelco, the company that holds the global patents to the starch material used for the filter tow (application EP0861036-A1) and its use as a cigarette filter (EP1567025-A), is currently in discussions with cigarette manufacturers in Europe, America and Asia about the replacement of cellulose acetate based filters. Starch based filter tow is also substantially cheaper (30-50% at current bulk prices) than that based on cellulose acetate.

The filters are just one of a range of innovative starch based solutions from Stanelco that will reduce the use of plastic and other synthetic substances, so dramatically reducing the environmental impact. Starch is a natural substance, and even when used in products such as food packaging or cigarette filters is still fully compostable.

Howard White, Group Managing Director, and President, Stanelco Inc, commented, "It is deeply ironic that most smokers believe that filters improve their safety. There is increasing evidence that this may not be the case. We believe filters made from starch based materials will be better for smokers and better for the environment. While smokers are aware of the risks of inhaling tobacco smoke, there are very few who understand the risks of using the current filters."

"Also, filters all too often end up being dropped on the ground or at the roadside, and even when properly disposed of take many years to decompose. Our starch based filters will fully compost in as little as 60 days, with no negative effects on either soil or water supply.

"Given the very real benefits they offer, together with the fact that starch based filter tow is cheaper than cellulose acetate, there is a real opportunity to further reduce the impact of smoking. As the cigarette makers know, there is no safe cigarette, but that does not mean that they should not be cleaner and greener.

"Stanelco specializes in starch based products that are designed and manufactured to minimize the environmental impact of modern life. As a company, we take pride in our green credentials and an ethical outlook. It is widely accepted that smoking cigarettes damages health, but we believe that while it is legal, it is right to minimize the negative effects wherever possible We do not promote smoking, which is why we plan to divest ourselves of this product."

Stanelco intends to divest the filter tow technology to focus on its starch businesses, including Starpol 2000(TM) and GREENSEAL(TM) biodegradable packaging, which are just being introduced across a wide range of product packaging in U.S. and British supermarkets.

"It would border on irresponsibility if cigarette companies did not explore options presented to lower the risk of cancer. Potentially, if research proves correct, cigarette companies could be held liable for not adopting technology to lower the risks associated with smoking. Stanelco is very excited to have the opportunity to possibly save lives with this development, and we look forward to helping to change the cigarette industry for the better," said Stephanie Morgan-Fisher, director and CEO of North American Operations, Stanelco.

-- More than 90% of the cigarettes sold worldwide have a filter.

-- Virtually all filters consist of a rod of numerous (greater than 12 000) plastic-like cellulose acetate fibers. Fragments of cellulose acetate that form the mouthpiece of a filter rod become separated from the filter at the end phase during the manufacturing process.

-- The cut surface of the filter of virtually all cigarettes has these fragments. When smoking a cigarette, some of these fragments are released during inhalation.

-- Tests in the USA on 12 popular brands show that fibers are inhaled and also ingested.

-- Laser scanning has found filter fibers in the lung tissue of patients with lung cancer.

-- Cellulose Acetate filter tow has a wholesale price of US $4,000 per ton, substantially higher than starch based filter tow.

Driver & Dormar

What's the harm in posting some light hearted tosh from Captain Guide. I am sure that most people don't take it as seriously as they do an RNS?

The oily one

I agree Oily. Compared to the utter tosh posted by many posters Captain Guide provides at least some positive relief.

My mate and I were discussing this just now....

Todays RNS where it says about a 'number of machines due to enter commercial operation in the coming weeks'...... Anyone reckon that this may involve Northern Foods? They start production in October and we wondered if perhaps as ASDA is a new customer they have had to buy new machines? And if they have, perhaps they have bought from Mondini with Greenseal technology?

EDIT:- And therefore blow all these doubters on Greenseal away

LOL nearly chocked on my cup of tea there!

Mr White says; As a company, we take pride in our green credentials and an ethical outlook.

How ethical is stealing an invention????????????????????????????

ps Never realised it was the filter killing all those people every year, nice of Stanelco to turn up that info just as they attempt to raise cash by selling off this idea.

pps If it was worth anything they wouldn't sell it, ethical lol!!!!!

ppps ISRACAPS;-O