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

robinhood ,just done as paperback suggested and should manage fine,THANKS for your offer

Peter

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Paperbackwriter
Long time since you have posted you must have lost a packet didn't you have 2m+ share or some thing like it.

BKK2
Try this.

http://babelfish.altavista.com/

enkel gedaan als voorgestelde pocket en boete zou moeten beheren

Tonyrelaxes, not sure I can agree with your assessment in post 18992 that SEO will hang on until end of October to raise funds (if I have read you correctly). IMO they won't want to run their bank account down to the last penny (or go overdrawn) and now that they have prepared the market for the fundraising they will be proceeding fairly smartly with it.

Woodie, Post 18996, "why is the bank finance the best way to go? if take up is still slow where will the money come from to pay the loan & interest?" Good point.

An equity placing seems likely, unless they can tempt some kind of VC deal out of the woodwork. The idea that they'll hang on and cover their costs with a contract that just suddenly appears seems to me to be a little bit like too much wishful thinking - seen too much of this before with OMH, SCO, etc.

BKK2. Ik ben Rotterdammer maar ik woon al sinds 1976 in Engeland. (forget Google translations ,it translates word by word rather then the sentence . b.v. " een school vissen" would be translated as" a college fish"

I speak French and German - any other young ladies out there needing help?

May be we should tell SEO board in all the languages we can jointly muster to" get their fingers out"

Woodie, Bank finance would avoid dilution and make the company's mgt. clearly make a business case based on expected orders; it would discipline the mgt. team into behaving responsibly. I have had a suspicion that in the past this company has been run by boffins inventing good products but with little business acumen in how to reliably move from inventing into commercialising. Maybe Martin Wagner can do just that - I'm reserving judgement on that until we see something tangible to prove it.

Woodie, Bank finance would avoid dilution and make the company's mgt. clearly make a business case based on expected orders; it would discipline the mgt. team into behaving responsibly. I have had a suspicion that in the past this company has been run by boffins inventing good products but with little business acumen in how to reliably move from inventing into commercialising. Maybe Martin Wagner can do just that - I'm reserving judgement on that until we see something tangible to prove it.

May be we should tell SEO board in all the languages we can jointly muster to" get their fingers out"

Woodie,

In a worse case scenario, SEO own several product patents that they could either sell, or share license.
I feel a bank finance package would be best, as it would be relatively simple and quick. An equity type issue would presumably have relatively higher proportion set up fees. But as said, my opinion only and I am not close to being a finance expert.
I also think that given todays news release, they won't hang about.

Seo будет кучей shit, sorry shit didn't translate that well, by the way that was English to Russian.

It looks better in Japanese
Seo はたわごとの山である。

Spasiba
("SHE" uses our cyrilic/RU keyboard at her work and I cannot be bothered with www.translit.ru right now)

below taken from e-mail, recieved today, asking why all the panic and why this latesrt rns



We stated in our interims that we were reviewing the funding and our financing options. The announcement made today is an update.
We are continuing to review all the options. At half year we had 300k in the bank. Today we have 900k.
In the meantime, we continue to progress the commercialisation of our products and, as noted in Martin Wagers quote, there is positive news on this front from USA.
Best regards

Sylvia

____________________________________________
Sylvia Leavey
Investor Relations Manager
Tel: +44 (0) 2380 867 100
Fax: +44 (0) 2380 867 070
Email: Sylvia.Leavey@Stanelco.co.uk

Of topic
Translation Site added to Drivers tips.

http://www.moneyam.com/InvestorsRoom/posts.php?tid=9585#lastread

from the 5th august 2005

"The Directors are also now seeking approval for two further resolutions.



The first such resolution seeks Shareholder approval for the issue of further
new Ordinary Shares for cash, other than on a pre-emptive basis to existing
Shareholders, under the terms of section 95 of the Act. The Directors obtained
an equivalent authority at the Company's last Annual General Meeting, though
such authority has now been exhausted by the placing undertaken by the Company
on 8 June 2005. Whilst the Directors have no current intention to use this
authority in the event that it is granted, they believe it would be useful in
providing the Company with the flexibility to raise further equity capital in
the future on a quick and cost effective basis, should market conditions so
permit and should there be a bona fide strategic reason to do so. The authority
now being sought would enable the issue of 46,432,910 new Ordinary Shares,
representing 5 per cent. of the Company's current issued share capital of
928,658,222 Ordinary Shares. The authority will lapse at the conclusion of the
Company's next annual general meeting.



The second such resolution is required to increase the borrowing powers of the
Company set out in Article 94B of the Company's Articles of Association, which
are currently limited to 10 million. Having regard to the level of deferred
consideration payable under the Acquisition Agreement and the level of trade
creditors with which the Group operates, the Directors believe that the current
borrowing limit will be insufficient, and are accordingly proposing that it be
increased to 25 million."

my own view fwiw is they have already approached bank/banks and have not got the terms they wanted hence the paragraph in the rns.
As indicated in the interim results, in order to enable the Group to move into
the next phase of the commercialisation of its intellectual property portfolio
and to meet its working capital requirements, the Company is currently exploring
all financing options including a public equity issue.
as anyone still got there copy of the last agm As indicated in the interim results, in order to enable the Group to move into
the next phase of the commercialisation of its intellectual property portfolio
and to meet its working capital requirements, the Company is currently exploring
all financing options including a public equity issue.
has anyone still got a copy of the last agm resolutions that will tell you how many shares can be issued before they seek shareholder approval.
as always dyor

ignore last sentence did not see bosley last post